Yet another airline has collapsed – this time British operation Flybmi, costing almost 400 jobs as hundreds of flights were cancelled at short notice. It is the latest in a string of recent European airline failures, including Air Berlin, Alitalia, …
Read More »
A solid on-time performance is vital to success in the increasingly competitive world of commercial aviation. After being named the world’s most punctual airline for four years in succession, Latvian flag carrier airBaltic has now been usurped by Panama’s Copa Airlines. That’s …
Read More »
The government is to allow another bailout package worth Rs13 billion to sick national flag carrier, Pakistan International Airlines (PIA). The country’s largest airline is a habitual recipient of bailouts in the form of capital injections from the budget or …
Read More »
SriLankan Airlines in its recently ended financial year carried the highest number of passengers ever in the airline’s history. Based on draft un-audited accounts, the total operational revenue increased to LKR136.68 billion from LKR129.48 billion in the prior year. The …
Read More »
With plans underway for the UK’s biggest peacetime repatriation of 110,000 customers following the collapse of Monarch Airlines – the biggest UK airline ever to cease trading – questions are quite rightly being asked about what went wrong. Intense competition, …
Read More »
Pakistan & Gulf Economist Pakistan's Business Financial Magazine