Following on from silly Chinese acronyms, seasoned travellers will be familiar with the airline acronyms—anyway, there are loads online. Among the highlights (PC temporarily suspended in favour of transmitting historical linguistic creativity—Ed.) are
QANTAS
Queens And Nymphos Trained As Stewards
which leads nicely to
LUFTHANSA
Let Us Fuck The Hostess As No Steward Available
Of numerous versions for TWA, I like
Try Walking Across
And ALITALIA
Always Late In Takeoff, Always Late In Arrival
Cf. the old one about the BA poster
Breakfast in London, lunch in New York
To which some wag has added
Luggage in Bombay
For Air Portugal, see here.
Stephen Jones: a blog 
Sri Lankan Airlines has the code UL which means ‘usually late’.The Sri Lankan political party the UNP (United National Party) is also known as the Uncle Nephew Party in recognition of nepotism.
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This could be a rich seam… China Airlines used to be CAAC, China Airlines Always Crash.
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There are more South Asian airlines:
Pakistan International Airlines PIA: Please inform Allah!
Air India AI: Already informed!
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