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Global airlines slash profit outlook as fuel costs jump

SYDNEY (Reuters) – Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of geopolitical tensions would add to operating risks. The International Air Transport Ass... More »

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Qantas plans to change Taiwan website reference, but says needs time

SYDNEY (Reuters) – Australia’s Qantas Airways Ltd said it plans to change its website to refer to Taiwan as a Chinese territory, not an independent nation, but that it needed extra time to comply with the request from Beijing. China’s aviation regulator in Apr... More »

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KLM CEO says more restructuring needed at Air France

SYDNEY (Reuters) – More restructuring is needed at French flag carrier Air France, the head of Dutch sister airline KLM said on Monday. The two national airlines merged to form Air France-KLM (AIRF.PA) in 2004 but Air France’s economic performance has broadly ... More »

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Lion Air may help launch Boeing 737 MAX 10: sources

A Lion Air plane taxis after landing at Denpassar international airport in Bali March 23, 2017. REUTERS/Thomas White Indonesian budget carrier Lion Air may be an inaugural customer for a new Boeing Co (BA.N) plane that will become the largest member of its 737... More »

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Laptop ban tied to fear of direct detonation: United CEO

Oscar Munoz, chief executive of United Airlines, attends a meeting of the International Air Transport Association (IATA) in Cancun, Mexico June 5, 2017. REUTERS/Victor Ruiz Garcia U.S. officials are concerned that explosives disguised as laptops could be direc... More »

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Lufthansa CEO optimistic on demand, eyes Italy opportunities

Lufthansa Chief Executive Officer Carsten Spohr delivers his speech at the annual shareholders meeting in Hamburg, Germany May 5 2017. REUTERS/Fabian Bimmer Demand for Lufthansa (LHAG.DE) flights is better than expected this year, with traffic from the United ... More »