Thai Airways says could sell assets to cover 2015 losses


BANGKOK - Thai Airways International PCL will sell some of its 15.5 billion baht (318.95 million pounds) of non-core assets to cover any losses this year from one-off hits for cutting its fleet and workforce, the company's president said on Friday.


Condor will rise to the challenge from Lufthansa's Eurowings - CEO 1:21pm GMT

BERLIN - German airline Condor, owned by tour operator Thomas Cook , plans to meet competition from Lufthansa's proposed low-cost long-haul operation head-on, its chief executive said.


Malaysia Airlines upgrades aircraft tracking, a year after MH370 9:54am GMT

KUALA LUMPUR - Malaysia Airlines has begun tracking the location of its long-haul flights every 15 minutes or less, a proposal put forward by the U.N. aviation agency after the disappearance of the carrier's Flight MH370 a year ago, Malaysia's transport minister said.


FTSE stages late rebound as traffic growth boosts IAG 04 Mar 2015

LONDON - Britain's top share index rebounded late on Wednesday, helped by a surge in airline IAG due to strong traffic figures and by rallies in broadcaster ITV and bank Standard Chartered .

Rival Libyan forces carry out air strikes, militants storm oilfield 03 Mar 2015

BENGHAZI, Libya - Rival Libyan forces carried out tit-for-tat air strikes on oil terminals and an airport on Tuesday, escalating their battle for control of the oil-producing country days before United Nations peace talks are to resume in Morocco.


Ryanair to demand details of IAG's plans for Aer Lingus 03 Mar 2015

LONDON - Ryanair wants details of British Airways owner IAG's plans for Aer Lingus , including possible remedies to competition concerns, before it decides whether to accept IAG's offer for its 30 percent stake, its chief executive said on Tuesday.


Australia says hunt for missing MH370 jet may be called off soon 01 Mar 2015

CANBERRA - The search for missing Malaysia Airlines Flight MH370 cannot go on forever, Australia's deputy prime minister said, and discussions are already under way between Australia, China and Malaysia as to whether to call off the hunt within weeks.

Norwegian Air pilot strike affects mainly domestic flights 01 Mar 2015

OSLO - A strike by pilots at Norwegian Air , Europe's third-biggest budget airline, led to some cancellations of domestic flights on Sunday, but long-haul routes to the U.S. and Asia were operating as normal, the airline said.


Ireland's Labour Party softens opposition to Aer Lingus sale 28 Feb 2015

KILLARNEY, Ireland - A senior member of Ireland's junior coalition party on Saturday said opposition to the sale of the state's 25 percent stake in Aer Lingus had softened in recent weeks and the party was likely to ultimately agree to the deal.


Fast growing IAG outpaces continental airline rivals 27 Feb 2015

LONDON - British Airways-owner International Airlines Group raised its 2015 profit forecast by more than 20 percent, outperforming struggling continental rivals and sending its shares to an all-time high. | Video