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Airlines

Search for missing Malaysian MH370 to be suspended - joint panel

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KUALA LUMPUR The hunt for Malaysia Airlines Flight MH370 will be suspended if the aircraft is not found in an area now being searched, Malaysia, China and Australia said in a statement on Friday.

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Heathrow says expansion more important than ever after EU vote 22 Jul 2016

LONDON Heathrow Airport said the vote to leave the European Union made it more important than ever that Britain's leading airport should be allowed to expand to boost trade links with countries around the world.

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Airline stocks drag down FTSE 21 Jul 2016

LONDON Britain's top share index slipped on Thursday after four straight days of gains, with airline stocks falling sharply after industry bellwethers easyJet and Lufthansa warned of slower bookings and a worsening outlook.

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MH370 search team raises prospect plane could lie elsewhere 21 Jul 2016

SYDNEY Top searchers at the Dutch company leading the underwater hunt for Malaysia Airlines jet MH370 say they believe the plane may have glided down rather than dived in the final moments, meaning they have been scouring the wrong patch of ocean for two years.

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EasyJet and Lufthansa flag turbulent summer for airlines 21 Jul 2016

LONDON Last week's deadly attack in Nice and attempted coup in Turkey have created fresh turmoil for European airlines already grappling with the fallout of "Brexit," with easyJet saying it was unable to give an earnings forecast and Lufthansa warning on profit. | Video

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Lufthansa scraps profit goal as attacks hit bookings 20 Jul 2016

FRANKFURT Lufthansa , Germany's largest airline, on Wednesday cut its full-year profit target, saying advance bookings to Europe had declined significantly due to "terrorist attacks in Europe and to greater political and economic uncertainty".

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Wizz Air changes course on growth plans after Brexit vote 20 Jul 2016

LONDON Eastern European-focused budget airline Wizz Air said it would switch some of its planned expansion away from Britain because of the weakness in the pound following the vote to leave the European Union.

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United Airlines plans $2 billion buyback, scale back growth 20 Jul 2016

United Continental Holdings Inc will buy back $2 billion of stock and sell fewer seats than planned, as rivals add flights in excess of demand, pushing down fares, the airline said Tuesday.

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Failed Turkish coup piles pressure on travel companies 19 Jul 2016

ISTANBUL/BERLIN The attempted coup in Turkey last week has dealt another blow to the country's already weakened tourism industry and will weigh on profits of the nation's airlines and airports as well as tour operators serving the country, industry experts said.

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Barcelona extend Qatar Airways sponsorship deal to 2017 19 Jul 2016

BARCELONA La Liga champions Barcelona said they agreed a one-year extension to their shirt sponsorship with Qatar Airways, increasing the annual value of the deal to around 35 million euros (£29.4 million) according to Spanish media reports.