Airlines
20,395 news found
AirlinesUS Airways warns of second bankruptcy
Arlington, USA - This financial problems were listed during filing with SEC
US Airways is calling for a 25 per cent reduction in its operating costs within the next few months and has warned that without these cuts it could be forced to file for a second bankruptcy or sell assets.... more
AirlinesAlitalia (4): Italian Minister for EU Policies Buttiglione tones down excess of optimism of last days
Rome, Italy - Only the first one among the poles has been surpassed by the appointment of Cimoli but there is still so much to do
Italian Minister for EU Policies, Rocco Buttiglione, has commented once again on Alitalia matter today. According to Buttiglione, it is not possible to stop on the achieved agreements so far between Government... more
AirlinesAlitalia (3): measures which have been adopted for this carrier will not be sufficient, according to Wall Street Journal Europe
New York, USA - Italian Government's aim would consist in making this carrier survive at least till the end of general national election
According to Wall Street Journal Europe, a complete forecasting blindness exists with reference to Alitalia's problems and choices subscribed by Italian Government, trade unions and private shareholders.... more
AirlinesAlitalia (2): Epifani appears satisfied about achieved agreements
Rome, Italy - In the meantime, this carrier succeeds in reducing damages in stock markets
CGIL Italian trade union General Secretary, Guglielmo Epifani, appreciated the situation stemmed from last agreement on Alitalia between Government and trade unions, and after the appointment of Cimoli... more
AirlinesContinental Airlines to inaugurate Boise service with nonstop flights to its hub in Houston
Houston, Usa - With two daily connections from July 1
Continental Airlines announced it will inaugurate service in Boise, Idaho, with two daily flights to its hub in Houston, effective July 1. In Houston, connections are available to dozens of destinations... more
AirlinesAlitalia: Cimoli gets work started in order to face carrier's crisis
Rome, Italy - Optimism in every trade union and political environment, while the first board of Director to occur on next Thursday May 13
The new Alitalia CEO, Giancarlo Cimoli, spent his weekend under banner of studying, an activity devoted to understand the situation of the carrier and to plan the first interventions which will be put... more
AirlinesAlitalia (3): hard time for Alitalia stock in its re-entry at Milan stock exchange
Milan, Italy - Continuously delayed the re-entry for excess of rising
Alitalia fails to quote its title at Milan stock exchange. After a first stop at 9:00 the stock doesn't make a price neither at 9:30 due to excess of rising signing a quotation of +25.12% at EUR 0.257.... more
AirlinesAlitalia (2): enthusiastic reactions about recent agreement coming from unions, politicians and company managers
Rome, Italy - The confederate Unions on the same line
At the end of stressing days the various actors, politicians, unions and managers, having participated to this final run around Alitalia risk of bankruptcy, have made encouraging declarations. Great merit... more
AirlinesAlitalia: appointed the new company Administrator
Rome, Italy - Giancarlo Cimoli has taken both the responsabilities of President and CEO
Alitalia, saved from the risk of bankruptcy by an Union government agreement, renew its Board of Directors. The Italian government has chosen Mr Giancarlo Cimoli, 65 years old, Tuscan, the President and... more
AirlinesChina Airlines orders two additional Boeing 747-400 Freighters
Seattle, Usa - The Taiwanese carrier now has total unfilled orders for 12 747-400
The Boeing company today confirmed an order by China Airlines for two Boeing 747-400 Freighters, valued at approximately USD 425m at list prices. The new airplanes are scheduled for delivery in 2006. In... more
AirlinesAlitalia (11): found an agreement with workers' union
Rome, Italy - The Italian government asked the Board members to quit
The new Board of Directors, with Giancarlo Cimoli as President and CEO, should have four members, one representing banking companies. The agreement lies on 6 points, Vice-Prime Minister said. The unions... more
AirlinesAlitalia (10): Cimoli as new President and CEO of Alitalia
Rome, Italy - He has been presented today at government's building
Giancarlo Cimoli will be the new President and CEO of Alitalia. It has been communicated to the Unions by Vice-Prime Minister Gianfranco Fini. more
AirlinesAlitalia (9): five points by Italian Government in order to save the carrier
Rome, Italy - New Board of Directors, recapitalization opened to market, 2003 accounts, industrial project, observation of national and EU ruling
Italian Government has shown during the meeting at Palazzo Chigi its own programme in five points in order to save the carrier: 1) appointment of a new President-CEO with a limited Board of Directors;... more
AirlinesAlitalia (8): Government suggests new appointments for carrier's direction and measures in favour of the entire sector
Rome, Italy - It is also being aimed to a recapitalization by a significant participation by privates
Negotiations about Alitalia matter at Palazzo Chigi have started again between Government and the trade unions. While problem related to a holding is being deepened, Economy Ministry makes know its interest... more
AirlinesAlitalia (6): According to SULT trade union this carrier will not be able to control some 50,1% of the two new companies
Rome, Italy - Government, as a shareholder, make an effort in managing company structure
SULT trade union has underlined that Italian Government does not consider as possible the fact that Alitalia can control some 50,1% of the two new companies on which the new holding should be based. The... more
AirlinesAlitalia (5): CUB Trasporti trade union rejects the hypothesis for splitting the carrier
Rome, Italy - In this way carrier's ground personnel is left
CUB Trasporti trade union's reaction to the proposal concerning the creation of a holding based on two new companies by which to try to solve the crisis of the carrier has come soon. This trade union completely... more
AirlinesIata claims that Toronto airport authority is out of control
Ottawa, Canada - Even air transport association of Canada is on war footing
Giovanni Bisignani, Director General and CEO of the International Air Transport Association (IATA) on the eve of the GTAA's annual general meeting declared "Airlines cannot continue to foot the bill for... more
AirlinesAlitalia (4): a new requirement for Government intervention in front of Parliament by Italian Senate
Rome, Italy - In the meantime, it is being thought about a partecipation by Finmeccanica for managing carrier's airplanes overhaul
Italia Senate Infrastructures Commission has invited again Government to unveil Alitalia's situation in front of Parliament. In fact, it has been said that Fini had been invited because Minister of Economy... more
AirlinesAlitalia (3): European Commission's warning related to Italian Government about state aids
Brussels, Belgium - Minister Maroni ironizes about EU's worries
European Commission has made clear its view about Alitalia matter, after stating that it is possible to consider a hypothesis for a bridge-lending which must be returned within six months though it can... more
AirlinesAlitalia (2): company Board of Directors in front of a cross-roads
Rome, Italy - Continuity or remarkable reorganization: everything depends on an acceptance or on a rejection of trade unions' proposals
Alitalia Board of Directors will be performed this afternoon at 02:00pm and it will be important in order to realize about the future of the company. Carrier's direction in fact will have to appraise trade... more
AirlinesAlitalia: two companies in order to save the carrier
Rome, Italy - This is the most probable hypothesis for the relaunch of the airline
Negotiation between Government and trade unions will start this morning again at 12:00am, while it is also being waited for company Board of Directors' results. The most probable hypothesis yesterday night... more
AirlinesAlitalia (10): trade unions say no to an administration commissioner
Rome, Italy - Anyway, a hypothesis for partnership can be appraised
The trade unions do not want accept a hypothesis for an administration commissioner for Alitalia, even if they could accept the possibility for a partnership, but Alitalia should hold the higher share.... more
AirlinesAlitalia (9): uncertainty exists about a possible administration commissioner for the carrier
Rome, Italy - In the meantime, CUB trade union calls a general strike involving the entire sector on next May 17
Vice-Minister of Infrastructures, Mario Tassone, has stated that Alitalia matter must be solved by this evening. He has then excluded a hypothesis of administration commissioner, by indicating press as... more
AirlinesAlitalia (8): Alitalia could still join Air France-KLM
Paris, France - In the past there were some problems that blocked the fusion
The chief executive of newly formed French-Dutch airline Air France-KLM Cyril Spinetta reiterated today he was open to Italy's Alitalia joining the air company if it will show clear signs of sorting out... more
AirlinesAlitalia (7): Government reacts to EU Commission's comment
Rome, Italy - While Fini reacts against criticism of this morning
Welfare Minister, Roberto Maroni, has answered to statements by European Commission's spokesman according to whom EU must answer to protests put forward by some airlines, in order to face the risk of state... more
AirlinesAlitalia (6): a hypothesis for recapitalization increases
Rome, Italy - In the meantime, protests by competitors arrive in Brussels against possible state aids for the Italian carrier
Italian Minister of Environment, Altero Matteoli, has stated that a possibility for recapitalization regarding Alitalia concretely exists. Government would be in fact verifying premises for such measure... more
AirlinesAir One foresees to reach 6 milion passengers through 2004
Rome, Italy - Since 2000 the carrier is Star Alliance member
Air One target for 2004 is 6 milion passengers with a share for the transportation passengers sector of 23%, reached in the first 2004 quarter. "Air One - referred the director general Lino Bergonzi and... more
AirlinesContinental Airlines announces new non-stop service between Houston and Durango, in Mexico
Houston, Usa - Beginning July 1
Continental Airlines announced new non-stop daily service between Houston's George Bush Intercontinental Airport and Durango, Mexico, beginning July 1, pending government approval. With the addition of... more
AirlinesAlitalia (5): the carrier is closer to an administration commissioner
Rome, Italy - In case one opts for such solution, Tremonti's view will win by appointing Varazzani
While Alitalia members are arriving at Palazzo Chigi this afternoon, it appears that administration commissioner hypothesis is getting more and more probable during negotiations. And it would have even... more
AirlinesCUB Trasporti trade union on Alitalia matter: at Palazzo Chigi it is being negotiated about split
Rome, Italy - Firing for some 10.000 ground employees is being prepared
According to CUB trade union, by this step Government intends to let Alitalia under control by Air France and KLM as this kind of measure cannot warrant the relaunch of the carrier. Always the same persons... more
AirlinesAlitalia (4): negotiation has started again
Rome, Italy - According to Financial Times, this carrier is on the brink but it could resist at least till summer period
The meeting for the third day negotiating about Alitalia matter has started at Palazzo Chigi. During the first part of the meeting, trade unions' representatives have participated by showing a joint report... more
AirlinesAlitalia (3): company's shares have been suspended at Piazza Affari waiting for tomorrow Board of Directors' results
Rome, Italy - Carrier CEO, Zanichelli, underlines the serious financial situation of the company and the risks for final collapse
After problems occurred yesterday at Piazza Affari for Alitalia's shares, these have been suspended till tomorrow, waiting for realizing company Board of Directors' results as this has been scheduled for... more
AirlinesAlitalia (2): doubts and hopes by Italian trade unions
Rome, Italy - The split of the carrier appears unacceptable
Trade unions carried on till late night yesterday their purpose for achieving an agreement on a joint plan to be shown to the company today. Minister for EU Policies Buttiglione's proposal towards the... more
AirlinesAlitalia: an uncertain future for the carrier
Rome, Italy - Measures to save the carrier are still not clear, while the trade unions appear more and more detached from Government and company
The second day of negotiations at Palazzo Chigi in order to solve the serious problems which are affecting Alitalia ended without results, when considering the lack of participation by important Government... more
AirlinesAlitalia (9): employees involved by outsourcing proposal is increasing
Rome, Italy - From 2100 up to 5600 as a consequence of the partnership with German Fraport
While Alitalia is again in the stock exchange and already loses some 9%, some details related to the future of the carrier appear clearer. Though carrier's representatives have given the lie this afternoon... more
AirlinesAlitalia (8): criticism by opposition
Rome, Italy - Responsibilities for what is happening must only to be put down to Government
Reaction by Italian political opposition against the current situation related to Alitalia matter has come. Main criticism regard stock exchange falling this morning and what have been defined as serious... more
AirlinesOn the basis of the issuance of new shares today, Air France is now privatized
Paris, France - With the fusion with KLM the French government holds less than 50% of the shares
Following what has been declared in the joint press release of KLM and Air France, the French airline privatization is completed. The French government at the moment holds the 44.7%, the employees the... more
AirlinesAlitalia (7): the carrier is in the stock exchange again
Rome, Italy - Zanichelli gives the lie to the hypothesis related to the appointment of an administration commissioner
Alitalia is in the stock exchange again after difficulties occurred this morning. Carrier President, Giuseppe Bonomi, had asked just a few hours ago to suspend the meeting of today at Palazzo Chigi, in... more
AirlinesAlitalia (6): sacrifices appear unavoidable if one wants to save the carrier
Rome, Italy - It is the opinion of many Government representatives
Anyone accept the idea of suffering for remarkable sacrifices in order to solve the situation and save Alitalia. This appears to be the common opinion for many Government representatives, both among those... more
AirlinesAlitalia (5): company representatives still aim to redundancies and outsourcing
Rome, Italy - According to Unione Piloti trade union, such problem does not exist with reference to flying personnel
The plan shown by carrier direction at Palazzo Chigi today still puts forward the problem often underlined of redundancies and the exigency for outsourcing. According to Alitalia, resorting to an involvement... more
AirlinesAlitalia (3): Italian Minister for Infrastructures Lunardi comments the present situation of the carrier
Rome, Italy - Partial denationalization is a hypothesis but no one can think to divide the company
Negotiations among Italian Government, the trade unions and the company have started again this morning. Before he participated to it, Minister for Infrastructures Pietro Lunardi has clearly put into evidence... more
AirlinesBoeing delivered the last 757-300 to Continental Airlines
Seattle, Usa - Last Friday
Boeing last Friday delivered its last new 757-300 passenger airplane to Continental Airlines Chairman and CEO, Gordon Bethune, and about 100 Continental employees and guests. Continental now operates 10... more
AirlinesContinental Airlines started new domestic and international routes
Houston, Usa - For the summer travel season
Continental Airlines has begun new routes as it prepares for the summer travel season. On May 1, Continental resumed daily Cleveland-London nonstops. Effective May 2, two major state capitals have got... more
AirlinesUS Airways transforms
Washington, USA – US Airways is in strong confrontation with low-fare rivals
US Airways, still running in the red, is turning to yet another long-term solution to an increasingly near-term problem. Transformation absorbs US Airways’ continuing attempts to reduce costs beyond w... more
AirlinesDaily Germanwings links from Kohln and Munich rised
Berlin, Germany – The flights’ number goes from four to six weekly from Kohln, Stokohlm and Helsinki
More links from Kohln/Bonn to Munich. Since first of June the flights comes from two to four in a daily basis. Since 10th of June even Germanwings flights from Kohln to Stockohlm and Helsinki passes from... more
AirlinesAlitalia (2): the trade unions fear redundancies announced by the carrier
Rome, Italy – They risk to really become firing
Trade unions’ worries related to Alitalia’s situation appears evident, most of all with reference to carrier direction’s announcement during negotiation. Attention is entirely devoted to today meeting, as it... more
AirlinesAlitalia: a delicate situation for this carrier
Rome, Italy – It has been pointed out by the carrier at Palazzo Chigi
Yesterday meeting among Italian Government, the trade unions and the company at Palazzo Chigi (Government headquarter) which get the negotiation aimed to save the carrier started, could not bring to many... more
AirlinesAlitalia (4): stock market crash for the carrier
Rome, Italy - The company has been suspended due to an excessive falling
Whereas negotiations at Palazzo Chigi go on, Alitalia is falling even in the stock exchange with a decrease which has involved its own shares all morning long. After a first sign of worsening (-7,12%)... more
AirlinesAlitalia (10): Board of Directors meeting again today
Rome, Italy - In order to examine carrier's situation considering the long stalemate stage
Today Board of Directors of Alitalia gathered again in order to well understand the situation of the carrier, when considering the need for an industrial plan supported by system requirements and employment... more
AirlinesAlitalia (9): Government, trade unions and carrier's negotiation has started but employees and local authorities appear worried
Rome, Italy - Tourism and building sectors are at risk in Lazio Region
The meeting among Government, trade unions and Alitalia's representatives has started at 03:45 pm at Palazzo Chigi in order to get negotiation on the future of the carrier started. Through the coordination... more