Airlines
20,377 news found
AirlinesUnited Airlines: despite the NO from the US Government the carrier would obtain a loan of USD 1bn from private banks
Rome, Italy - The United would to renegotiate the loan obtained in the past from JP Morgan and other financial institutions
The United seems to have overcome the initial shock due to the failure from part of American Government of a loan of USD 1bn. It previews long in the time the exit controlled from the administration although... more
AirlinesAlitalia (2): the green light of the European Commission to the bridge loan
Rome, Italy - The European Commission put six conditions
First of all the concession of the loan has followed the European rules on the aids to the firms at bankruptcy risk, then the loan has been given at market rate (4,43%) and it will be refunded within 12... more
AirlinesAlitalia: green light of the European Commission to the bridge loan
Rome, Italy - The European Commissioner, Loyola de Palacio said it
It finished the meeting of the European Commission, and in a press conference, the commissioner Loyola De Palacio has made official the free way to the bridge loan for Alitalia. This is the text of the... more
AirlinesDelta: the rating of the American carrier has been lowered from "overweight" to "neutral"
Rome, Italy - The JP Morgan Bank reduces its valuation for the investitors
All will depend from the agreement that the management of the American air company will reach shortly with the union of the pilots. An accord with this category would bring in the cash department a saving... more
AirlinesEU on Alitalia: authorized bridge-loan, indeed not, sorry!
Rome, Italy - See-saw of confirmations and refutations from the press office of the European Commission
The European Commission has authorized the aid given from the Italian Government for the Alitalia's rescue. We have discovered from an official press release of the representation in Italy of the Commission.... more
AirlinesDelta: quarterly budget in red, but the expectations of the analysts were get worse
New York, USA - In the second quarter 2004 it has recorded a net loss of USD 1,96bn
The cause of the strong quarterly losses are to debit to the taxation charges and regarding the pension plans of the pilots. Useless to remember that we are speaking about the greatest airline of the world... more
AirlinesAlitalia: EU Commission's decision on the bridge loan has been postponed
Rome, Italy - Commission to decide tomorrow
"Procedure reasons": this would be the explanation provided by EU Transport Commissioner Loyola de Palacio's spokesman, Amador Sanchez Rico. more
AirlinesAlitalia (2): easyJet brings Alitalia and Air France to the European Justice Court
Rome, Italy - The reason of the dispute is in the code-sharing agreement on the routes between Italy and France
The European Commission has mistaken in estimating positively the code-sharing agreeement between Alitalia and Air France on the routes from/to Italy and for France. It has declared the easyJet Ceo, Ray... more
AirlinesBA: Alitalia, the Commission does not have to authorize the bridge loan
Rome, Italy - British Airways said it in a press release
British Airways, with a press release diffused today from its Responsible of the Industrial Deals, Andrew Cahn, has asked the European Commission to deny the own authorization to the bridge loan. The demand... more
AirlinesAlitalia: the European Commission would have give today in the afternoon the free way to the loan bridge
Rome, Italy - The UE Commissioner for the Transports' spokesperson said it
The green light of the European Commission at the loan-bridge granted from the Italian Government to Alitalia would have to be given today in the afternoon. It has declared by Amador Sanchez Rico, spokesperson... more
AirlinesSas: over 100 flights cancelled
Stockholm, Sweden - Because of the holidays' period of many employees
To date, would be 115 flights cancelled from the Scandinavian air company, Sas. The reason of such lack of efficiency would be imputed in the period of holidays which have occurred many employees, flight... more
AirlinesIs Aer Lingus going to be denationalized?
Dublin, Ireland - British Airways could decide to purchase the Irish carrier
Irish Government could decide to encourage the denationalization of the national carrier, Aer Lingus, soon. While waiting for a clear and final decision, British Airways would have proven interested regarding... more
AirlinesQatar Airways on the routes of the Australia
Rome, Italy - New routes and new services
"Within the end of 2004 Qatar Airways will open a new destination for Melbourne, entering from protagonist in the rich market of the international connections with Australia. Announcing the imminent entry... more
AirlinesEurowings: in profit the financial year 2003
Milan, Italy - Perspective of increase for Germanwings
"Friedrich Wilhelm Weitholz, ceo of Eurowings AG, Lufthansa participated group and owner of Germanwings GmbH, have announced that the company has again concluded the financial year in profit. Germanwings... more
AirlinesLufthansa: employees disagree with salary cutting proposal
Kassel, Germany - Call center's workers react against carrier board's proposal for lowering costs
Lufthansa intends to remarkably cut costs, and such programme would even affect the present situation of Kassel call center. As far as it is concerned with this matter, carrier's board would have suggested... more
AirlinesAeroflot checks international air transport difficulties
Moscow, Russia - The Russian carrier is growing also because it was not affected so much like many other carriers by Iraq war and Sars's effects
Aeroflot appears increasing during 2004. Data related to the first half of the year would indicate a significant improvement of carrier's situation, by a rise of a 20% with reference to passengers traffic.... more
AirlinesAlitalia (2): the carrier to achieve the break even by two years
Rome, Italy - President Cimoli would be convinced of it
The first details regarding the new industrial plan for Alitalia appear settled, while waiting Brussels' official permission for the bridge loan devoted to the carrier. Carrier's President, Giancarlo Cimoli,... more
AirlineseasyJet announces the most handsome luggage allowance in Europe
Milan, Italy - Starting this week, no weight limits exist and larger size for hand luggage is ensured for all passengers
"easyJet promotes a great newness: the most handsome luggage allowance in Europe as it ensures no weight limits for baggage and larger size for hand luggage is ensured for all passengers. Obviously, passengers... more
AirlinesAlitalia: Consob asks for a periodical report on company's financial situation
Rome, Italy - The carrier will have to provide monthly data also related to business plan and bridge loan implementation
Consob (Italian National Commission for Companies and the Stock Exchange) has decided to consider Alitalia as one among the companies which have to periodically provide detailed data, with reference to... more
AirlinesAlitalia: Italian Senate approves the bridge loan
Rome, Italy - Despite Lega Party's nay, while Prodi confirms EU commission's willingness for allowing such measure
Italian Senate approved yesterday the Government's decree related to the EUR 400m bridge loan for Alitalia. The green light was ensured by a ayes warranted by almost every political party (both of majority... more
AirlinesAlitalia (4): seven banks ready to save the carrier
Rome, Italy - According to President Cimoli, also Banca Intesa and Deutsche Bank would have proven willing
Alitalia's President and CEO Giancarlo Cimoli would have put into evidence yesterday that banks are positively meeting to carrier's exigencies to gain the bridge loan, after the good signals spread by... more
AirlinesLivingston Aviation Group SpA receives the second A-330/200 of its fleet
Toulouse, France - It has renamed "Gran Dominicus"; the first has been delivered the last December, the third and the last one within the end of the year
"Livingston Aviation Group SpA, air transport holding of the Gruppo Ventaglio property and of which they make part the two airlines Lauda Air SpA and Livingston SpA, has received last Monday from the Airbus... more
AirlinesAlitalia (3): Lunardi, Maroni, Veltroni and Gasbarra on Alitalia's situation
Rome, Italy - Lega Party intends to fight against the bridge loan while Veltroni and Gasbarra remind the need for defending employees
Italian Minister for Infrastructures Lunardi appeared confident about the possibility for the carrier to achieve the green light for the bridge loan, what could officially occur within next days. Lunardi... more
AirlinesUSA: low-cost carriers' challenge on autumn prices
Washington, USA - The major US carriers answer by resorting to new offers despite the difficulties experienced in this period
Competition among low-cost carriers and the major ones in the United States goes on. This year, the traditional offers promoted in the air transport sector, which usually regard autumn period, would have... more
AirlinesFuel price and low-cost carriers: the two major enemies of US Airways
Washington, USA – The US carrier forecasts further loss if employees do not support additional cost cutting
US Airways carries on talks with trade unions in an attempt to limit damages as recent forecasting regarding the second half of the year do not appear good. Despite American carrier’s pilots appear sufficiently w... more
AirlinesAlitalia (2): EU Commission's conditions for the bridge loan
Brussels, Belgium - Denationalization, reorganization and renounce to purchase new airplanes
European Commission's conditions for granting the bridge loan for Alitalia would be mainly the following ones: first of all, it would be necessary to encourage the denationalization of the carrier (what,... more
AirlinesPeruvian Transport Minister suspends flights of national carrier Aerocontinente: country's air traffic experiences hard difficulties
Lima, Peru - The carrier controls national air traffic for a 65%
The decision by Peru Ministry of Transport was considered and spread last Monday evening: Aerocontinente carrier's flights were suspended, even if this one controls a 65% air flights in Peru (some 4500... more
AirlinesVolare Airlines and Air Europe: Molinari is the new Ceo
Milan, Italy - "The major purpose is to encourage the further development of Volareweb for the low-cost sector"
Andrea Molinari is the new CEO of Volare Airlines and Air Europe, the carriers controlled by Volare Group. This appointment depends on the recent resign by Vincenzo Soddu. Molinari, who already was Ceo... more
AirlinesThe Hong Kong Express Airways’ project
Hong Kong, China – It could become the forth carrier of the Asian country
Hong Kong Helicopter would be firmly thinking about the opportunity for creating a real new carrier able to become the forth China’s one as soon as possible. This company would have in fact scheduled t... more
AirlinesLufthansa growing further
Berlin, Germany – The carrier appears in good health after international air traffic’s problems caused by Iraq war and Sars
Lufthansa goes on growing and it forecasts to keep on this trend even till the end of current year. According to latest data, the German carrier recorded a traffic rise for less than a 19% compared with... more
AirlinesRyanair VS easyJet: more "weight" for luggage
London, UK – Ryanair suggests to allow only hand luggage while easyJet cancels weight limits
Ryanair and easyJet constantly compete without stopping by resorting to clamorous offers which this time involve luggage. Ryanair would be convinced of the need for significantly increase the surcharge... more
AirlinesAlitalia: Cimoli-de Palacio meeting last Tuesday
Rome, Italy – Italian Minister Lunardi proves confident about possible EU’s decision on the bridge loan
Alitalia’s President, Giancarlo Cimoli, unveiled last Monday to Italian Government some details regarding the new business plan, while waiting for show its contents also in Brussels where Cimoli and I... more
AirlinesSwiss International Air Lines renounces to Oneworld
Zurich, Switzerland – The carrier would have begun to grow and it would not need a strategic alliance currently
Swiss International Air Lines has decided to renounce to join Oneworld, the strategic alliance mostly led by British Airways. Such decision would stem from, as Swiss carrier’s spokesmen said, the relaunch o... more
AirlinesAir New Zealand selects the 7E7 Dreamliner
Auckland, New Zealand - Such carrier becomes so the second customer of this airplane after All Nippon Airways
Air New Zealand has selected the 7E7 as the new medium range airliner by which to solve for the future fleet management problems related to high consumption and overhaul. It is what has been unveiled yesterday... more
AirlinesRyanair "decreasing"
London, Great Britain - Drop of annual profits, trend expected to continue for the next 12 months
The gross profits have decreased from the EUR 264,65 m registered last financial year to EUR228,48m. This trend is not going to improve for the next 12 months. According to estimates growth previsions... more
AirlinesOlympic Airlines under denationalization
Athens, Greece - It could occur immediately after the end of Olympic Games 2004 (August 13-29)
Greek Government would be planning to start a real denationalization of Olympic Airlines immediately after the end of Olympic Games, to occur on next August 13-29. The programme designed by Greek Ministry... more
AirlinesNew connection between the Southern Island of New Zealand and USA
Rome, Italy-First direct flight of the Air New Zealand Christchurch/Los Angeles.
Christchurch will be the second New Zealander city to have a non-stop direct link with Los Angeles. The inaugural flight is forecasted for next November 2nd with a coverage of three flights per week: on... more
AirlinesAlitalia (5): an industrial plan in line with Palazzo Chigi's agreement and trade unions' exigencies
Rome, Italy - CEO Cimoli appears convinced of the fact that this is necessary for relaunching the carrier, even if a hypothesis for hard solutions still exists
During the meeting occurred today between the new Alitalia's President/CEO and trade unions' representatives, CEO Giancarlo Cimoli proved particularly firm in underlining that one cannot avoid of considering... more
AirlinesAlitalia (4): DS Party's criticism against Italian Government's position
Rome, Italy - In the meantime, the Italian-Arab concert party interested in the carrier is scheduling to purchase 80 long range airliners
DS Party national secretary economics analyst, Pierluigi Bersani, has shown criticism about the management of Alitalia's crisis which has been so far carried out by Italian Government. According to Bersani,... more
AirlinesAlitalia (3): financial and trade unions' reactions regarding Italian-Arab concert party's proposal
Rome, Italy - A mix of prudent optimism and scepticism unite the main air transport sector's trade unions
Matteo Corsini's proposal has immediately caused remarkable reactions by trade unions and financial environments. Yesterday at Piazza Affari, carrier's share gained some 0,52%, while major national trade... more
AirlinesAlitalia (2): Italian-Arab concert party offers USD 1,5bn to purchase the carrier
Rome, Italy - A strategic alliance with an Arab carrier such as Emirates has been supposed
Matteo Corsini, a Roman real estate businessman, does not seem to give in, as he appears willing to purchase Alitalia together with a not so clear concert party consisting of Italian and Arab enterprisers.... more
AirlinesAlitalia: trade unions-carrier's board meeting to occur today
Rome, Italy - The trade unions want to realize if a full correspondence between Palazzo Chigi agreement and industrial plan purposes exists
A meeting between the trade unions' representatives and the new Alitalia's President/CEO Giancarlo Cimoli is going to occur today. It deals with a particularly relevant event, especially according to CGIL... more
AirlinesGermanwings: positive balance for the current year
Colonia, Germany - 100,000 tickets at EUR 19 (taxes and costs included)
A press conference has been recently held in Colonia, where the Managing Director of Germanwings, Joachim Klein, has attended. He announced that for the first time the air company has registered a positive... more
AirlinesAir Canada appears interested in the Dreamliner
Toronto, Canada - Nevertheless, carrier's board does not consider as a wise solution to be provided with planes delivered by a single producer
President and CEO of Air Canada, Robert Milton, would have recently positively commented for appraising the hypothesis of purchasing the 7E7 Dreamliner, the recent relevant Boeing's product for civil aviation... more
AirlinesChina Eastern Airlines is ready to order new medium range planes
Beijing, China - Boeing and Airbus have already been invited to show their solutions
China Eastern Airlines carrier is scheduling to unveil on next June 18, a date when carrier's directors usually meet in order to analyze annual situation, its own decision concerning the purchase of new... more
AirlinesAlitalia (2): reactions against Italian Minister Maroni's worry
Rome, Italy - Minister Marzano and the trade unions ask for waiting till carrier's direction completes the designing of the industrial plan
Certainly, negative reactions exist regarding Italian Welfare Minister Maroni's worry with reference to Alitalia's crisis. The first ones to disagree about what they consider as an excessive alarmism just... more
AirlinesAlitalia: carrier's crisis must be solved before elections
Rome, Italy - Italian Welfare Minister, Maroni, appears convinced about it
Italian Welfare Minister, Roberto Maroni, is still criticizing present Alitalia's condition, by reminding that the amount of redundancies would be larger than the forecasted figure, and then adding that... more
AirlinesAlitalia (4): no "saving carrier" decree in order to help it
Rome, Italy - Italian Welfare Minister Maroni would be sure of it
Italian Welfare Minister, Roberto Maroni, commented several times during the last days Alitalia matter, and he disagrees completely with those who would have thought as possible, so far, a solution based... more
AirlinesNew international and intercontinental routes for Alitalia
Rome, Italy - They will regard summer season and will involve both Fiumicino and Malpensa airports
New routes for summer season both on an international and an intercontinental level have been opened at Fiumicino and Malpensa airports. From Rome Airport, this carrier will provide a service enriched... more
AirlinesAlitalia (3): "The carrier could be closed within three months"
Milan, Italy - It would have been underlined by Italian Minister Maroni, criticizing the idea that one can wait till September for the new industrial plan
Italian Welfare Minister, Roberto Maroni, has commented again Alitalia matter showing now relevant worry. According to Maroni in fact, it is not possible that the new carrier's direction needs to carry... more