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Lufthansa profit warning spooks European airline sector

FRANKFURT: Germany’s Lufthansa sent shockwaves through the European airline sector yesterday as it cut its full-year profit forecast, with lower prices and higher fuel costs compounding the effect of losses at its budget subsidiary Eurowings.

Airbus unveils long-range A321 jet, close to 200 orders expected

PARIS: Airbus has launched a long-range version of its A321neo jet at the Paris Airshow, aiming to carve out new routes for airlines with smaller planes and steal a march on rival Boeing’s plans for a possible new mid-market jet.

Airbus launches new A321 jet, Boeing apologises for MAX crisis

LE BOURGET, France: Airbus launched a long-range version of its A321neo jet at the Paris Airshow on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on rival Boeing's plans for a possible new
mid-market jet.

An Airbus A350-1000 performs during the inauguration of the 53rd International Paris Air Show at Le Bourget Airport near Paris, France, June 17, 2019. REUTERS

Airbus launches long-range A321 jet, close to 200 orders expected

PARIS: Airbus launched a long-range version of its A321neo jet at the Paris Airshow on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on rival Boeing’s plans for a possible new mid-market jet.

China Eastern to enter Asia’s budget air travel

SHANGHAI: AirAsia Bhd and other regional budget airlines will face a new powerful competitor when China Eastern Airlines Company Ltd, one of the world’s Top 10 airline groups, expands its budget air travel to the Asian region outside China.

Xi: We want to expand our budget air travel to South-East Asia, South Korea and Japan

Investigators to identify Malaysia Airline MH17 suspects

AMSTERDAM: Investigators will next week announce criminal proceedings against suspects in the downing of Malaysia Airlines Flight MH17 five years ago, allegedly by pro-Russian separatists, two leading Dutch broadcasters reported on Friday.

(Left)FILE PHOTO: A Malaysian air crash investigator inspects the crash site of Malaysia Airlines Flight MH17, near the village of Hrabove (Grabovo) in Donetsk region, Ukraine, July 22, 2014. REUTERS, (Right) FILE PHOTO: A pro-Russian separatist stands at the crash site of Malaysia Airlines flight MH17, near the village of Hrabove (Grabovo) in Donetsk region, Ukraine, July 18, 2014. REUTERS

Malaysia Airlines revenue up 2% in first quarter

PETALING JAYA: The country’s national carrier, Malaysia Airlines Bhd, recorded a 2% year-on-year (y-o-y) growth in revenue for the first quarter ended March 31, amid the challenges and rising competition in the aviation sector.