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Business Tim Clark

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  • MIAMI, June 9- Global airlines are considering whether to copy a move by Lufthansa to slap a 16 euro surcharge on tickets booked via third-party systems as they try to improve the amount they earn on ticket sales, executives said at a meeting in Miami this week. Air France-KLM is considering its options, the airline's chief executive said on Monday, although no...

  • DUBAI, May 13- Dubai's Emirates airline could expand its route network by using European hubs to fly into North and South American cities, its president said, a move that could anger U.S. carriers which accuse it of competing unfairly through state subsidies. Emirates is considering plans to open new routes to U.S. cities from Dubai, as well as flying new routes from...

  • LONDON, April 17- Rolls-Royce has won a $9.2 billion deal to supply engines for 50 A380 aircraft for Dubai's Emirates airline, the largest order in its history and giving it a boost after a torrid year of profit warnings. It is the first time the Gulf carrier has ordered Rolls-Royce engines for its superjumbo fleet, the rest of which is powered by Engine Alliance, a...

  • LONDON, April 17- Emirates president Tim Clark said on Friday the airline is still waiting for a decision from Airbus over whether the planemaker will proceed with a revamp of the A380 superjumbo. Emirates, which is the leading buyer of the existing A380 jet with 140 orders, has said it would look at placing an order for up to 200 of the so-called A380neo jets should...

  • LONDON, April 17- Rolls-Royce said it had won a $9.2 billion order to supply engines for 50 A380 aircraft for Dubai's Emirates airline, providing a boost for the British company after a torrid year of profit warnings. It is the first time the Gulf carrier has ordered Rolls-Royce engines for its superjumbo fleet, the rest of which is powered by Engine Alliance, a...

  • Seattle/ Paris April 16- The jumbo jet, for many years the workhorse of modern air travel, could be close to running out of runway. Sales forces at Airbus Group NV and Boeing Co are fighting for potential orders plane by plane as they seek to keep production going beyond the end of the decade, said other aviation market sources. Airbus has said it is also considering a...

  • ABU DHABI, April 15- The boss of Abu Dhabi's Etihad Airways has warned Europe that it will suffer if it restricts the access of foreign carriers to its market, in a fresh effort by fast-growing Gulf airlines to head off what they see as Western protectionism. "Etihad Airways is committed to Europe. State-owned Etihad is making increasing inroads into Europe, partly...

  • U.S. to chart new territory in Gulf airline subsidy review Wednesday, 18 Mar 2015 | 10:34 PM ET

    No international trade rules or precedent by the United States exists for addressing airline subsidy claims, presenting a challenge for the administration as it determines how to proceed, a person familiar with the matter said. These issues do not fall under World Trade Organization rules but rather under bilateral "Open Skies" agreements that authorize...

  • WASHINGTON, March 17- The Obama administration has asked U.S. airlines for more information on their claims that Gulf carriers have received market-distorting subsidies, marking its first written response to U.S. airlines' lobbying effort, Reuters has learned. Leaders in the U.S. House Committee on Transportation and Infrastructure have recently called on...

  • BERLIN, March 5- Emirates has had extensive discussions with Airbus about the production of a revamped version of the A380 super jumbo with more efficient engines, the airline's president said on Thursday. Its first 90 A380 aircraft are supplied with engines from Engine Alliance, a joint venture between General Electric and Pratt& Whitney.

  • Dubai's Emirates says adds $7.6 bln to EU GDP Tuesday, 3 Mar 2015 | 10:34 AM ET

    DUBAI, March 3- Dubai's flagship airline Emirates contributes 6.8 billion euros to the European Union economy, it said on Tuesday, in an apparent response to criticism from rivals that government subsidies give Gulf carriers an unfair advantage. Emirates first flew to Europe in 1987 and since then has grown to 350 passenger flights a week from Europe, its...

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...

  • PARIS, Feb 25- The head of Dubai's Emirates has hit back at U.S. airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements. He was responding to allegations of trade-distorting Gulf subsidies made by the three largest U.S. airlines, Delta Air Lines, American Airlines and United Airlines.

  • Feb 10- U.S. airlines have lost at least five percentage points of their share of flight bookings from the United States to the Indian subcontinent and Southeast Asia since 2008, due to fierce competition from Gulf carriers, according to data seen by Reuters. The report says the combined share of bookings between the United States and the Indian subcontinent...

  • Feb 5- Chief executives of the three largest U.S. airlines said they want the U.S. government to modify or terminate air treaties with two Persian Gulf nations, the Wall Street Journal reported. In a joint interview, the CEOs of American Airlines Group Inc, United Continental Holdings Inc and Delta Air Lines Inc said subsidies and government policies for three...