Airlines
20,466 news found
AirlinesAlitalia: Italian Government ready to ensure a bridging-loan for more than EUR 400m?
Rome, Italy - It would be revealed by international press
According to international press sources, Italian Government would be firmly willing to warrant a bridging-loan to Alitalia, even for more than EUR 400m, a figure which had been indicated by carrier's... more
AirlinesFuel costs put Asia airlines in a bind
Rome, Italy – Low-cost carriers besiege the big air companies
Singapore Airlines, Qantas Airways and Japan Airlines System may fail to fully counter higher jet-fuel costs by raising fares because of competition from new discount carriers. A rebound in global tourism... more
AirlinesAlitalia (2): Malpensa Airport can save Alitalia
Milan, Italy – President of Lombardia Region Formigoni is convinced about it and promotes a strengthening for this hub
Lombardia Region’s President, Roberto Formigoni, is promoting an initiative devoted to encourage a significant contribution by business and institutional local environment in order to save Alitalia. T... more
AirlinesUnited Airlines may consider furloughs
Chicago, USA - Many workers have already a contract in danger
United Airlines Chief Operating Officer, Pete McDonald, on Monday said employee furloughs could not be ruled out given the high price of jet fuel. Jet fuel is the airline industry's second-biggest operating... more
AirlinesAlitalia (4): no intervention by Finmeccanica for the carrier
Rome, Italy – It has been confirmed by President Guarguaglini
Finmeccanica’s President and CEO Pierfrancesco Guarguaglini has maintained that this group is not making an effort devoted to participate to the solution of Alitalia’s crisis. In the past, he reminded, the... more
AirlinesAlitalia (3): Italian Minister Buttiglione does not exclude drastic measures for carrier’s employees
Naples, Italy – According to Minister, CEO Cimoli must be able to go on working without being under outer constraint
Italian Minister for EU Policies, Rocco Buttiglione, has commented recent debates related to Alitalia between Minister Maroni and Minister Alemanno, maintaining that one cannot sham that drastic measures... more
AirlinesEuropean airlines mull US offer to boost negotiations over joint skies
Brussels, Belgium - For the moment there isn't a clear agreement
European airlines are to meet in Brussels on Monday to assess the latest US offer aimed at breaking the deadlock in negotiations over liberalising air services between the US and the European Union. According... more
AirlinesAlitalia: Italian Minister Alemanno goes on defending carrier’s employees
Rome, Italy – Italian Government, opposition and trade unions ask for enabling Cimoli with the possibility of working quietly
After debates occurred yesterday with reference to Alitalia’s employment matter between Lega and AN parties by respectively Minister Maroni and Minister Alemanno (as Maroni thought that it is possible t... more
AirlinesAlitalia: an agreement between the company and flying personnel has been achieved regarding summer schedule
Rome, Italy - Savings are forecasted related to about 200 employees
A first relevant agreement between Alitalia's direction and trade unions' representatives with reference to flying personnel has been achieved. An agreement about extraordinary measures devoted to a recover... more
AirlinesVirgin USA is choosing between New York and San Francisco Base
Washington, USA - The company seems that is going to choose Airbus aircraft
British entrepreneur Richard Branson said Monday the Virgin USA startup airline has narrowed its choices for a home city to San Francisco or New York. The United States currently restricts foreign ownership... more
AirlinesEl Al swings into profit for 2004 first quarter
Tel Aviv, Israel - Its Israeli market share it is continuously rising
El Al Israeli Airlines said Sunday it swung to a first-quarter net profit on a 33 percent jump in revenues and continued cost-cutting measures. In the first three months of the year, the airline recorded... more
AirlinesContinental Airlines receives the award as "Airline of the Year"
London, UK - New aim obteined by the North American company
The Continental Airlines has been named "Airline of the Year" and received awards as Best Executive/Business Class and Best North American company. It’s the first time that a North American Company r... more
AirlinesStill barricades for handicapped people by Meridiana airline
Palermo, Italy - Handicapped woman obliged at the airport for not qualified plane
Bad adventure for a 76 aged woman, without a leg by 15 years, who should have taken a flight Palermo-Lampedusa by the Meridiana airline, obliged at the airport because the plane, an Atr, was not qualified... more
AirlinesSigned the agreement for the next Aeroflot membership to SkyTeam group
Moscow, Russia - The real Aeroflot participation depends on SkyTeam quality standards achievement
SkyTeam announced today that Air France CEO, Jean Cyril Spinetta, and KLM CEO, Leo Van Wijk, as representatives of SkyTeam member airlines, have signed during a ceremony at the Kremlin, a memorandum of... more
AirlinesClosed the exchange offer for KLM shares
Paris, France - Soon the new Air France will be operational
Air France and KLM announce through a joint press release that holders of KLM Common Shares had tendered a total of 45,093,299 KLM Common Shares representing approximately 96.33% of all KLM Common Shares.... more
AirlinesUkratravian threatens to break off Lufthansa's Kiev-Munich route
Kiev, Ukraine - This German carrier would be accused of carrying a number of passengers that would be larger than the allowed one
Ukraine department competent for air trasnport, Ukraviatrans, has admonished Lufthansa in order to make it change its own policy related to Kiev-Munich route. According to such authority in fact, though... more
AirlinesAustrian Air is going to rise flight prices due to drastic rise in oil price
Wien, Austria -This press communication comes close to a global oil price reduction
Wien-based Austrian air company declared on May the 18th to have scheduled a Eur 6 "Fuel Surcharge" on fare prices, starting from today, due to continuing drastic rise in oil price. The company even states... more
AirlinesAlitalia (4): carrier's directors will be the first ones to be affected by Cimoli "axe cuts"
Rome, Italy - Within few days some 40 directors will leave the company
During these hours a news about a not so clear number of directors is being spread, more or less forty, regarding the fact that these ones could leave the company during these days. An order by CEO Cimoli... more
AirlinesLufthansa plans to raise EUR 750m to purchase A-380s
Cologne, Germany - The shares at Frankfurt Bourse are falling at the moment
Deutsche Lufthansa AG said it plans to raise about EUR 752m in a rights offering to expand its fleet of new Airbus A-380. The company will offer investors a total of 76.3 million new shares for at least... more
AirlinesAlitalia (3): no drastic job cuts or Cimoli will have to leave the carrier
Rome, Italy - Italian Minister Alemanno's admonition addressed to Alitalia's Ceo
Also Italian Minister for Agriculture Policies, Gianni Alemanno, put into evidence some important aspects related to present carrier's condition and to last week Board of Directors' proposals. According... more
AirlinesAlitalia (2): Italian Minister Maroni excludes an involvement by Fintecna
Rome, Italy - An intervention by a public-owned company is unthinkable when considering European ruling on state aids
Italian Welfare Minister, Roberto Maroni, commented Alitalia matter again, by making the possibility for a state intervention in order to solve the delicate financial carrier's situation clearer. First... more
AirlinesAlitalia: Italian Minister Buttiglione does not exclude a bridge-loan
Rome, Italy - This hypothesis should not produce problems in Europe
Alitalia's Board of Directors had unveiled at the end of the last week, by its new President/CEO Giancarlo Cimoli, the need to go on carrying out the new company industrial plan at least for the next two-three... more
AirlinesKindness on board is worth four free tickets
New York, USA - It is a promotion by Delta aimed to award those passengers proving particularly courteous with other travellers
BBC has unveiled that US carrier Delta has decided to promote an interesting offer for its own customers. Delta, together with its low-cost carrier Song, will award passengers proving kind to other travellers... more
AirlinesUPS interested in the new double-decker Airbus
Paris, France - There are no public confirmation from the French company
One of the world's largest package carrier United Parcel Service (UPS) could opt to replace outstanding orders for Airbus A-300/600 cargo planes with A-380 Superjumbo orders. The acquisition of A-380s... more
AirlinesSome airlines decline to match Continental hikes
Rome, Italy - Its starting a certain resistance to the oil raise=fare raise
Just two days after Continental Airlines raised worldwide fares up to USD 20 each way (see AVIONEWS article), citing higher fuel costs, the fare hike was faltering as two big carriers like American Airlines... more
AirlinesAeroflot has increased during the first four-month period of 2004
Moscow, Russia - Company's direction asks Russian Government for encouraging the development of a new transport airplane
Aeroflot Russian carrier's representatives have unveiled results for the first four months of current year. Air traffic would have been risen for 22%, so making this carrier highly competitive not only... more
AirlinesAlitalia (7): Ugl trade union asks company to participate in designing the new industrial plan
Rome, Italy - A cooperation with trade unions is necessary
Ugl trade union has asked Alitalia's direction to meet the trade unions on next days, in order to design together the main aspects of the new industrial plan for this company. This trade union has unveiled... more
AirlinesAlitalia (5): no decision by Italian Government exists with reference to a bridge-loan
Varese, Italy - It has been maintained by Welfare Minister Maroni today
Welfare Minister, Roberto Maroni, has commented today the possibility of a bridge-loan for Alitalia, stating that Italian Government did not decide of warranting something with reference to such matter.... more
AirlinesAlitalia (4): will Fintecna be the new liquidator commissioner or the relaunch provider?
Rome, Italy - A news spread yesterday by press has not resolved our doubts
IRI (Italian Reorganization Agency) does not exists any more, it is a part of Fintecna, a financial enterprise for industrial and services sectors, since November 26, 2002, honouring company's assembly's... more
AirlinesAlitalia (3): an agreement among trade unions, company and Italian Government in order to encourage private investment?
Rome, Italy - Thousands jobs could be in danger by next September
Solutions suggested within Alitalia's Board of Directors yesterday in order to save the carrier would have achieved a support by CGIL trade union, though next September 5000 firing could have already been... more
AirlinesUS Airlines show April revenue improvement
Arlington, USA - Analysts are not so confident
US Airlines posted a nearly 10% gain in the amount of revenue taken in per available seat mile in April. The revenue per available seat mile, also known as unit revenue or RASM, rose 9.7% systemwide from... more
AirlinesAlitalia (2): no more than EUR 400m for a bridge-loan
Rome, Italy - It is the basic condition suggested by Italian Ministry of Economy
Alitalia's Board of Directors led by the new President/CEO Giancarlo Cimoli had asked Government for a bridge-loan consisting of at least EUR 400m, when considering what could be the financial loss of... more
AirlinesAlitalia: Italian Ministry of Economy allows a capital increase
Rome, Italy - A significant opening to private investment so honouring EU ruling regarding state aids
Alitalia's Board of Directors ended yesterday in the evening by approving management accounts for 2003, finding out loss for some EUR 520m. Aiming to a relaunch of the carrier through an industrial plan... more
AirlinesNew direction appointments for Delta
Washington, USA - Facing future challenges without forgetting carrier's tradition
Delta has recently decided for new direction appointments while further roles will be granted in the short time. Such carrier has underlined that one must always bear in mind traditional philosophy of... more
AirlinesAlitalia: company's Board of Directors to occur today
Rome, Italy - Industrial plan, operative accounts and bridge-loan in the centre of attention
Alitalia's share is still rising at Piazza Affari which concluded its activity yesterday by some +6,6% for such carrier. These results should be granted to higher hopes for a relaunch of the carrier when... more
AirlinesAlitalia (2): May and June involved by strikes
Rome, Italy - Demonstrations by Alitalia's personnel but also by ENAC and ENAV's employees
May and June will be involved by several strikes called by Alitalia's personnel. Carrier's pilots are going to stop all day long on next May 28, while remaining sectors will go on strike for four hours... more
AirlinesAlitalia: a bridge-loan is feasible but it is a temporary measure
Rome, Italy - It has been maintained by Italian Minister Lunardi, but reminding that one needs to wait till Europe's answer
Italian Minister for Infrastructures and Transport, Pietro Lunardi, has recently considered a solution for a bridge-loan requested by the new Alitalia's CEO, Giancarlo Cimoli, as feasible. Nevertheless,... more
AirlinesEasyJet starts legal campaign against Air France
Brussels, Belgium - The UK air company thinks that it is a case of competition reduction
On Tuesday the UK low-cost airline easyJet stepped up its legal campaign against what it claims are abuses by Air France of its dominant position in the French market and it has submitted first instance... more
AirlinesAir France profit plunges as group sales fall
Paris, France - This is the seventh positive year for French air company
Air France reported yesterday a drop in annual profit. Net profit in the 2003/04 financial year fell 22.5 percent to EUR 93m and the price of shares in the company rose 'til now 4.09% to EUR 12.99 in bourse... more
AirlinesBoeing: Nippon Cargo Airlines finalizes 747-400 Special Freighter agreement
Seattle, Usa - For three new models
Boeing and Nippon Cargo Airlines (NCA), one of the premier air cargo operators in Asia, last Monday said the carrier will renew its fleet with Boeing 747-400 Special Freighters, making NCA the second announced... more
AirlinesEven Continental rises fuel surcharges
Houston, USA - The air company economic policy is the toughest one among the already presented
The American carrier joins other global companies that have already increased the ticket prices in reaction to fuel rising (see AVIONEWS article) . It also said that if fuel costs keep rising, it may have... more
AirlinesSingapore Airlines push fo A380 delivery
Singapore, Singapore - The next exit of this model is creating great infrastructural problems to the airports
Singapore Airlines said Tuesday it would stick to plans to become the world's first carrier to fly the 555-seat Airbus A380 in 2006. The statement comes a day after Virgin Atlantic, 49-percent owned by... more
AirlinesAeroflot set to join Skyteam
Paris, Francia - Air France chairman has made this announcement today
Air France chairman Jean-Cyril Spinetta said that he is expecting Russian airline Aeroflot to announce that it intends to join the Skyteam alliance. He even added that the announcement should be made next... more
AirlinesOther air companies heading to ticket surcharge due to oil cost
Rome, Italy - Neither the positive exchange impact being happened in Euro markets is able to compensate higher oil cost
Other international air companies are following British Airways market policy, rising ticket price claiming an excessive oil cost. Air France decided that, starting from Wednesday, the tickets will cost... more
AirlinesAlitalia: Maroni agrees for Government intervention in favour of the carrier but not by all means
Milan, Italy - Helping Alitalia means helping the other carriers too
Italian Welfare Minister, Roberto Maroni, has commented Alitalia's future after controlling Board of Directors' results under the leading of CEO Cimoli. According to Maroni, Government will do everything... more
AirlinesGermania Express: flights to Berlin, Hamburg, Dusseldolf and Munich
Rimini, Italy - With "Federico Fellini" airport
According to what declared in a press release Aeradria, the society of management of the Rimini's airport "Until next May 28, 2004, Germania Express, the low-cost carrier that from half of April links... more
AirlinesAlitalia (2): UIL trade union asks for higher cooperation by company's Board of Directors
Rome, Italy - A real relaunch plan is needed to actively involve the trade unions
UIL General Secretary, Luigi Angeletti, has commented today present Alitalia's situation, after company's Board of Directors which occurred last week. According to Angeletti, one cannot think to exclude... more
AirlinesAlitalia: first reactions regarding CEO Cimoli's plan
Rome, Italy - Doubts and scepticism in the majority and within the trade unions
First reactions about CEO Cimoli's plan devoted to save Alitalia come between last weekend and early new week. First of all, one has to remind that the analysis of carrier's accounts for the first three... more
AirlinesAVIONEWS' interview to Matteo Corsini (4): experience with Air Canada and relations with Arab world among the cornerstones of his new strategy
Rome, Italy - Workers must be defended, and damages have already been caused, no one from abroad will destroy this carrier
AVIONEWS: Dr Corsini, do not you think that in the future those willing to purchase this carrier will have to defend its name? Alitalia is actually an icon of Italy abroad. Corsini: "Actually it is only... more
AirlinesAVIONEWS' interview to Matteo Corsini (3): disappeared money and incompetence as the main reasons for such crisis
Rome, Italy - Alitalia must be "fashion and food" in order to gain success
AVIONEWS: Dr Corsini, is it true that you want the keep Alitalia whole? Corsini: "Italian aviation destruction has been caused by American against Fascism and Nazism. Now Boeing dominates but maybe we... more