Airlines
20,466 news found
AirlinesAVIONEWS' interview to Matteo Corsini (2): such Italian real-estate business-man wants to save the carrier by a moderate Arab concert party
Rome, Italy - Everything would be under the leading of a powerfull economic-financial structure of which the name is still not clear
AVIONEWS has interviewed Matteo Corsini Ltd', the Italian business-man willing to invest on Alitalia: AVIONEWS: SULT trade union has spread an interesting press release on Alitalia. It is real that... more
AirlinesAVIONEWS' interview to Matteo Corsini: who's such real-estate trader willing to purchase Alitalia
Rome, Italy - This Italian business-man is firmly willing to invest on this carrier and he even well knows this sector by his participation with Air Canada
AVIONEWS has interviewed Matteo Corsini, an important Italian business-man for the real-estate sector, who tried last year to purchase Cirio and Lazio. He operates in the American market even on the stock... more
AirlinesSAS Group adjusts prices due to increased aviation fuel costs
Stockholm, Sweden - In line with other European and American carriers
As a result of the recent extremely high prices for aviation fuel, the SAS Group is adjusting its fares in line with other European and American airlines. In Scandinavian Airlines' case, this adjustment... more
AirlinesAlitalia (5): Banca Intesa could grant a loan to the carrier
Milan, Italy - Nevertheless, first of all a plausible reorganization plan is needed
Alitalia's direction is already at work in order to find needed funds for company's reorganization soon. In fact, first meetings with banks have already occurred and these ones could be maybe willing to... more
AirlinesAlitalia (4): Cimoli aims to international alliances and to achieve support by trade unions
Rome, Italy - Alitalia Flight company to manage flight activities for the carrier
One of the two new companies which are going to be created in order to encourage the relaunch of this carrier will be called Alitalia Flight. Such company will manage flight activities, and one cannot... more
AirlinesAlitalia (3): a measure for EUR 400m has been suggested
Rome, Italy - A new Board of Directors of the carrier to occur on next May 20
Alitalia CEO, Giancarlo Cimoli, has postponed to next May 20 the meeting of Board of Directors for the company, in order to ensure direction members a sufficient period to prepare an industrial plan. Such... more
AirlinesAlitalia (2): 4000 job cuts are being studied by Board of Directors
Rome, Italy - Cimoli warns about the need for gaining new financial resources and reducing costs as soon as possible
Alitalia President, Giancarlo Cimoli, put forward warning considerations about carrier's condition. After analyzing data related to last decades of management, Cimoli stated: "Everything is wrong during... more
AirlinesAlitalia: CEO Cimoli asks for a bridge-loan in order to save the company
Rome, Italy - Alitalia to be split in two different competent companies
Alitalia Board of Directors pointed out yesterday the relevant difficulties of the carrier in solving its financial problems. The new President/CEO Cimoli unveiled that the loss-making would consist of... more
AirlinesAlitalia (5): Italian Guarantee Commission for strikes explains reasons for denying demonstration scheduled by Cub Trasporti trade union
Rome, Italy - Too many problems due to other strikes which have already been forecasted on next May 17
Italian Guarantee Commission for strikes has unveiled reasons for announcing its adversity to demonstration announced by Cub Trasporti trade union on next May 17. When considering the fact that even Cgil,... more
AirlinesAlitalia (4): European Commissioner Monti comments Italy's treatment with reference to state aids
Brussels, Belgium - No inequality exists compared with other EU's countries but press should put into evidence it better
European Commissioner, Mario Monti, has recently commented the spreading of news through press regarding Alitalia matter, concerning in particular the problem related to state aids. Monti has pointed out... more
AirlinesAlitalia (3): Italian Vice-minister Tassone and Minister Lunardi comment present carrier and national air transport's situation
Rome, Italy - Necessary and quick intervention is required but Government could have done something more
Italian Vice-minister of Infrastructures Tassone has commented today Alitalia matter. According to Tassone, Alitalia has now a major problem to solve, that is to say the one related to a strengthening... more
AirlinesDelta must cut pay soon or face bankruptcy
Atlanta, USA - Analysts wish the carrier will ultimately reach an agreement with its pilots
Delta should ultimately reach an agreement with its pilots, who are among the highest paid in the industry. The air company has enough cash to last until the summer 2005, but on Monday it signaled in a... more
AirlinesAlitalia (2): redundancies and outsourcing under examination of Board of Directors today
Rome, Italy - In the meantime carrier's bonds go on falling
Board of Directors starts again today well bearing in mind agreements with the trade unions: Alitalia will be transformed in a single holding based on two companies, the first one devoted to flight activities,... more
AirlinesAlitalia: carrier's Board of Directors today leaded by Cimoli
Rome, Italy - It will be needed to honour EU's ruling and encourage private funding under banner of inexpensiveness principle, according to Giovanardi
Alitalia's Board of Directors is going to occur today leaded by the new President/CEO Giancarlo Cimoli. Italian Minister for Relations with Parliament, Giovanardi, has reminded that two main conditions... more
AirlinesThe Lufthansa operative profit for the first three months of the year recorded a loss of EUR 116m
Frankfurt, Germany - For year 2004 the company forecasts a step back to positive net profit
Lufthansa on Wednesday narrowed its first-quarter loss and was more upbeat on full-year profits. The airline made an operating loss of EUR 116m in the first three months of the year, after a hefty loss... more
AirlinesDelta introduces new flight from Rome to Cincinnati
Rome, Italy - The press conference will held tomorrow at 12am
The American airline, Delta, that this year celebrates its 75th anniversary, communicates that tomorrow, Wednesday May 12, 2004 at 12am, at the Hotel de Russie, Sala Diaghilev, Via del Babuino, 9 in Rome,... more
AirlinesNew links to Eastern Europe for Germanwings
Milan, Italy - The air company is considering Eastern Europe a primary market
Germanwings (see AVIONEWS article) enforces its links directed to Eastern Europe. The low-cost company will fly from Kohln/Bonn hub to Kracovia, Poland, and to Croatian cities of Zagreb and Split. The... more
AirlinesAlitalia: EU Parliament Deputy, Brunetta, of Forza Italia Party criticizes company's situation
Rome, Italy - Those companies unable to go on in the market usually definitively fall
Forza Italia Party EU Parliament Deputy, Brunetta, has significantly critically commented on this Italian carrier's condition. According to Brunetta in fact, the market is dominated by an effectiveness... more
AirlinesBritish Airways adds flight seats
London, UK - The increment will interest long-range routes starting from this summer
The airline is adding 257,000 seats during the summer months with more flights to popular holiday destinations such as Los Angeles, Hong Kong, Cape Town, Mexico City, Buenos Aires and Dubai, a statement... more
AirlinesLufthansa, rise April traffic
Frankfurt, Germany - Despite the European crisis the air company records strong risings
Germany's Lufthansa said Monday its passenger traffic rose 16.7 percent in April over the same month the previous year, when the industry was hit by the war in Iraq. Traffic, expressed as the number of... more
AirlinesDelta Air Lines appointed the new Chief Financial Officer
Milan, Italy - Delta is the American air company leader in trans-atlantic flights and the 2nd in the world for number of passengers
Delta Air Lines announced that from tomorrow Michael J.Palumbo, that owns a big experience as financial director in the aeronautical sector, will operate as Vice President and Chief Financial Officer.... more
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