Airlines
20,376 news found
AirlinesLufthansa raised its share in British Midlands' capital
London, Uk - From 10% to just under 30%
Lufthansa, the main German air carrier, increased its share in the capital of the Uk's second larger airline, British Midlands, raising its stake from 10% to just under 30%. Despite this GBP 45m stock... more
AirlinesNo early deal for Air New Zealand and Qantas
Auckland, New Zealand - At least for the incoming weeks
At the moment the air carrier Air New Zealand does not forecast an early conclusion of the deal which should lead the airline to a shares exchange agreement with Qantas, Australia's flag air route. Speculations... more
AirlinesUS Airways announced additional costs of USD 6,5bn
Washington, Usa - On top of the already-known USD 10,65bn liabilities
The crisis of the loss making air carrier US Airways is not going to soften as in fact it announced that, on top of the already-known USD 10,65bn liabilities, it will also have to face additional commitments... more
AirlinesWould you like to fly on September 11? National Airlines asks you just 1 dollar
Washington, Usa - Whilst no more seats are available on Spirit Airlines free flights
The Us air carrier National Airlines announced that on the day of the first anniversary of the tragic terror attacks in New York City and Washington, passengers choosing its flights will just have to pay... more
AirlinesBiman Bangladesh Airlines to lease 3 B777s
Dhaka, Bangladesh - To replace its aging DC-10s
Biman Bangladesh Airlines has announced its will to lease three B777s, the aircraft manufactured by the Us plane maker Boeing, in order to replace its aging fleet of Dc-10s. According to Mir Mohammad Nasir... more
Airlines2001: bad news for Virgin Atlantic
London, Uk - Pre-tax net losses of USD 141,3m
Virgin Atlantic, the airline owned by the British multimillionaire Sir Richard Branson which mainly operates trans Atlantic routes, in 2001 financial year posted pre-tax net losses of USD 141,3m. Hardly... more
AirlinesKLM and pilots'union reached an agreement
Amsterdam, The Netherlands - On employment conditions
The royal Dutch air carrier KLM announced to have reached an agreement of principle with country's pilots unions on employment conditions. According to what reported by Dow Jones, the agreement, which... more
AirlinesQantas: 24 hour strike disrupted Australian air traffic
Sydney, Australia - Hundreds of flights rescheduled and canceled
Because of the 24 hour strike called for today by 6000 Qantas' employees, the main Australian airline has been forced to reschedule and to cancel hundreds of its flights. For the second time this month,... more
AirlinesRyanair creates 180 jobs
Dublin, Ireland - The new staff is needed for a maintenance facility to be opened at Glasgow airport
No-frills airline Ryanair is flying in the face of the industry trend, creating 180 jobs. The company said the staff were needed for a GBP 10m (EUR 15.7m) maintenance facility to be opened at Glasgow Prestwick... more
AirlinesEmergency landing for the plane used by the Pope
Mexico City, Mexico - The aircraft carried John Paul II from Mexico to Italy two weeks ago
The Mexican flag carrier, Aeromexico, announced the same plane being used by the Pope made an emergency landing in Cancun due to a hydraulic system failure, while it was flying to Madrid. The aircraft... more
AirlinesAmerican Airlines to cut 7,000 jobs by March 2003
Forth Worth, Usa - Capacity to be reduced by 9%
American Airlines announced a massive restructuring that will cut its work force by 7,000 jobs in an effort to make the world's biggest carrier competitive with lower-cost rivals. American, which has... more
AirlinesAir New Zealand to double child fares
Wellington, New Zealand - For the amount of work involved in supervising unaccompanied children
Air New Zealand is to charge full adult fares for children who travel on their own from November. The company says it is doing so because it has not been getting a suitable return for the amount of work... more
AirlinesQantas orders four Boeing 737 jets
Seattle, Usa - Delivery between May and July 2003
Australian carrier Qantas Airways has ordered four Boeing 737-800 jets for delivery between May and July 2003, the companies announced Monday. The four jets, listed for USD 240m, will join another 15... more
AirlinesQantas disappointed with Cabinet's decision
Sydney, Australia - Foreign investment limits were not lifted
Qantas Chairman Margaret Jackson said today the company was extremely disappointed with today's decision by Cabinet to leave in place the foreign investment limits imposed by the Qantas Sale Act. "We... more
AirlinesDelta pilot refused to fly Israeli official
Cincinnati, Usa - His presence aboard posed "a security risk"
A pilot for a Delta Air Lines subsidiary would not fly Israeli Deputy Foreign Minister Michael Melchior from Cincinnati to Toronto because the pilot thought Melchior posed a security risk. Melchior, who... more
AirlinesNouvelles Frontieres "ready to threat"
Paris, France – The chairman affirmed he will negotiate on anything to regain profitability
Ralf Corsten, Nouvelles Frontieres chairman, has shown the intention of starting a plan of re-organization after the company acquisition by the German company Tui. Corsten has affirmed to be "ready to... more
AirlinesEl Al accused of discrimination
Tel Aviv, Israel - After 17 Arab Israeli passengers were grounded for "security reasons"
Members of Egypt's parliament demanded the immediate closure of Israel's airline offices, El Al, in Cairo, following the Israeli airline's mistreatment of Arab Israeli passengers. A brawl broke out between... more
AirlinesAeroflot increases profits
Moscow, Russia - Russian airline has supported the September 11consequences better than others
Aeroflot re-organization and its wisely re-distribution of flights on more profitable routes have led the Russian airline to reach USD 20.1m record profits. By decreasing the presence over transatlantic... more
AirlinesUS Airways files for bankruptcy protection
Alexandria, Usa - It will continue flights, for the moment
The seventh largest American air carrier, U.S. Airways, has filed for bankruptcy protection under Chapter 11. It the first major carrier to declare bankruptcy since the September 11th attacks jolted the... more
AirlinesEasyJet set to cancel more flights
London, UK - Due to problems with a new roster system
EasyJet is to cancel more flights next week after problems with a new roster system. The problem caused the carrier to scrap 19 flights last Sunday. EasyJet says this weekend's services are expected... more
AirlinesKLM to raise cargo rates by 5-10%
Amsterdam, Netherlands - Starting from November 1
KLM said it will raise its air freight rates by 5-10% from Nov 1 due to the current adjustment of air cargo capacity. In response to the consistently high market demand and load factors of flights from... more
AirlinesDelta in talks with Continental and Northwest on a code-share agreement
Washington, Usa - According to the Wall Street Journal
America's third largest air carrier, Delta Air Lines, according to a "Wall Street Journal" report, could be in talks with two of its compatriot carriers, Northwest and Continental, over the possibility... more
AirlinesUS Airways sued by Ameriquest Holdings LLC
Washington, Usa - The firm from which the carrier leased a B737
One of American major airlines, US Airways, has to face a legal action because of an alleged breach of contract brought by Ameriquest Holdings LLC, a company from which it leased a B737. According to... more
AirlinesNouvelles Frontieres to cut workforce by 320
Paris, France - Corsair to stop flights until tonight
After German tour operator TUI purchased Nouvelles Frontieres, the new owner announced cut in workforce by 320. Subsidiary charter air carrier, Corsair, will loose 150 employees. Unions decided to stop... more
AirlinesAir France revenue falls
Paris, France - Passenger traffic declines by 2,8% in July
Air France reported a 1.7% drop in first-quarter sales but forecast a narrower-than-expected decline in profit in the period as the carrier moves to reduce operating costs. Turnover in the three months... more
AirlinesPakistan International Airlines announced its USD 2bn worth fleet renewal plan
Islamabad, Pakistan - 11 aircraft from 2002 to 2011
Pakistan International Airlines (PIA) finally announced what is going to be its strategy aiming to renew the carrier's fleet in the incoming years up to 2011. In a meeting held last Monday, PIA's board... more
AirlinesSeptember 11: free flights on Spirit Airlines
Washington, Usa - "To say thank you"
Despite most major Us and non-Us airlines (Delta Air Lines, Continental Airlines, American Airlines and British Airways), have announced in the last days to be ready to cut some of their scheduled flight... more
AirlinesMy Travel launches today its new budget airline
Birmingham, Uk - To challenge EasyJet and Ryanair
Tour operator My Travel is going to christen today its new budget air carrier. The new airline, based in Birmingham, at the beginning will operate leisure destinations such as Malaga, Alicante and Majorca... more
AirlinesNew 747-400F for Eva Air
Taipei, Taiwan - To be employed on the Taiwan-Hong Kong route
The Taiwan-based airline Eva Air purchased a new 747-400F, the freighter version of the famous "jumbo" manufactured by the world's largest civil planes maker. The new aircraft, which is going to be operating... more
AirlinesCorsair ready to re-structure
Paris, France - Up to 200 jobs at risk
According to unions officials, the French air carrier Corsair is likely to introduce a re-structuring plan which would involve the cut of 160-200 jobs. Even though Corsair management has not commented... more
AirlinesAmerican and Northwest cut their business fares up to 20%
Washington, Usa - On the domestic routes where they compete
Two of the major Us air carriers, American Airlines and Northwest Airlines, announced yesterday they both will cut their business fares up to 20%. The move will involves the domestic routes where the two... more
AirlinesDOT okayed the strenghtening of American-Finnair co-operation
Helsinki, Finland - A measure to better connections between Finland and the US via New York and Europe
The American Department of Transportation okayed today the strenghtening of the already existing co-operation between American Airlines and Finnair, the airlines both members of "oneworld alliance". Thanks... more
AirlinesShake up at American Trans Air
Washington, Usa - A part from Tague's departure the airline launched ATA Charter
Deep changes are affecting the Us airline American Trans Air, as in fact a part from Monday's departure of John tague, CEO and president at discount carrier's parent company, ATA Holdings, the airline... more
AirlinesNorthwest Airlines: system-wide load factor raised in July 2002
Minneapolis, Usa - 0,4% above July 2001
Northwest Airlines, the Minneapolis-based air carrier, in July 2002 registered a 80,5% system-wide load factor, up of a 0,4% if compared with the same month of last year. Despite this positive result,... more
AirlinesRyanair posts 68% rise in first-quarter profits
London, UK - Total revenues grow by 29%
Ryanair has revealed a record increase in quarterly profits, boosted by strong performances from its new routes. First-quarter profits after tax rose by 68% to EUR 39m (GBP 24.5m). This compares with... more
AirlinesSeptember 11: British Airways to cut part of its flights
London, Uk - In the wake of Delta, United and American
After last week Delta Air Lines, American Airlines and United Airlines announced their will to cut part of their scheduled flights for September 11, British Airways (BA) is going to do the same. On the... more
AirlinesFive airlines protest Alitalia recapitalization: "public aid in investment clothes"
Rome, Italy - According British Airways CEO
"Maybe we are malicious, but we think this recapitalization plan for Alitalia is a public aid in investment clothes", said Rod Eddington, British Airways CEO. British Airways, KLM, Lufthansa, SAS, and... more
AirlinesCathay Pacific to start new cargo link Milan-Hong Kong
Milan, Italy - Twice a week
Hong Kong air carrier, Cathay Pacific, inaugurated its new cargo link between Milan airport of Malpensa and Hong Kong. The flights from Milan will get to Hong Kong non-stop (Monday and Thursday), while... more
AirlinesAmerican Falcon rescued Dinair
Buenos Aires, Argentina - The loss-making Argentinian airline
The Argentinian charter air carrier American Falcon rescued the compatriot Dinair from a definite bankruptcy. Hardly affected by the economic recession in Argentina, Dinair has been recently forced to... more
AirlinesMadagascar government chose Lufthansa to revamp Air Madagascar
Antananarivo, Madagascar - A two-year project
The government of the African state of Madagascar selected Lufthansa Consulting to re-boost its national airline Air Madagascar. In the next two years Lufthansa will take care of the general restructuring... more
AirlinesBelair to purchase a new Boeing 767-300
Zurich, Switzerland - And signed an agreement with Unitpool
Belair Airlines, the new air carrier launched by the tour operator Hotelplan, announced of having purchased a new Boeing 767-300 to be thus added to its fleet of two B757-200s. Furthermore Belair Airlnes... more
AirlinesTunisair to renew its fleet
Tunis, Tunisia - By investing up to USD 510m
The North African air carrier Tunisair is likely to renew its fleet. According to Reuters in fact, the Tunis-based airline will invest up to USD 510m to purchase 12 new aircraft. In a study relative to... more
AirlinesRyanair: passengers number raised in July 2002
Dublin, Ireland - +41% in comparison with July 2001
In July 2002 the Irish budget airline Ryanair flew 1,46 million passengers, a +42% increase inn comparison with the same month of 2001. On a year basis, including July 2002, the Dublin-based airline transported... more
AirlinesDelta Air Lines to look for a Us partner
Atlanta, Usa - As to reply to the US Airways-United Airlines code-share agreement
Delta Air Lines, Us third largest air carrier, promptly replied to the announcement in relation to the agreement reached by two of its national rivals, United Airlines and US Airways. According to Leo... more
AirlinesConcorde discounted fares for British Airways employees
London, Uk - And for their relatives and friends as well
Even though its shareholders probably would not like the decision, British Airways has announced that its personnel as well as their friends and relatives could fly on Concorde at hard-discounted fares.... more
AirlinesEthiopian Airlines profits rise
London, UK - Revenue rises 5%
Ethiopia's state-owned airline has seen profits rise this year from the USD 3.86m figure it posted last year. Ethiopian Airlines, one of the three biggest sub-Saharan African airlines, reacted to the... more
AirlinesMore airlines to help passengers of bankrupted Vanguard
Washington, Usa - After America West
After America West, other stars and stripes airlines opted to give their support to the passengers of Vanguard, the Us air carrier which filed for Chapter 11 bankruptcy a couple of days ago. Holders of... more
AirlinesContinental Airlines: positive performance in July 2002
Houston, Usa - Systemwide mainline jet load factor raised by a 1,2%
The Us air carrier Continental Airlines announced to have reported a July 2002 systemwide mainline jet load factor of 79,4%, 1,2 points above last year's July load factor. The Houston-headquartered airline... more
AirlinesChaos for Australian air traffic
Sydney, Australia - Because of the 12-hour strike of Qantas ground personnel
Today, because of the 12-hour protest carried out by 6000 employees at the Australian air carrier Qantas, air travel in Australia has been badly disrupted by delays and flight cancelations. As many as... more
AirlinesEmirates launches today its new link Italy-Perth (Australia)
Milan, Italy - From Milan-Malpensa and Rome-Fiumicino
The air carrier Emirates launches today its new links Italy-Australia via Dubai. On board Boeing 777-200s, the Dubai-based airline passengers can now fly from the Italian airports of Milan-Malpensa and... more