Airline Pulse: News and Notes for Feb. 1, 2016
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Boeing’s Fortunes Tied to Success of 737 MAX
Opposition to New Heathrow Runway Complain about Lack of Information
Emirates Still at Odds with U.S. Airlines
Is Melbourne Replacing Sydney as Australia’s Air Hub?
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The government in India has said that it cannot dictate airline prices, but it will “request” that the country’s airlines pass some of the savings from cheap fuel prices on to passengers.
Turkish Airlines is looking forward to moving into its new “house” - a planned third airport in Istanbul. The city’s main hub, Atatürk Airport, is near capacity. Turkish would be the main tenant at the new airport, which CEO Ilker Ayci said would have an annual capacity of about 90 million when it is completed.
Chicago has agreed to build a new runway at O’Hare International. The project was announced yesterday. American and United Airlines had pushed for the upgrade, which will cost an estimated $1.3 billion and will be completed in 2020.
Investors and airlines are excited about airlines’ 2015 profits possibly foreshadowing big gains in 2016. The IATA is optimistic, but not overly exuberant, about the coming year. The international aviation body has said that it expects the industry as a whole to enjoy “steady” profits in 2016.
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