AIRLINE NEWS
Monday, April 30, 2007
Delta exits bankruptcy protection
Delta Air Lines emerged from bankruptcy protection on Monday after 19 months, with newly issued shares expected to begin regular trading from 3 May.
bbc.co.uk
bbc.co.uk
Investors walk from Qantas bid
Qantas shareholders are deserting the $11.1 billion takeover bid, with acceptances for the $5.45 per share offer dropping from 27.8 per cent to 25.5 per cent.
theage.com.au
theage.com.au
Labels: Qantas, shareholders, takeover
Saturday, April 28, 2007
BA increases fuel surcharge
British Airways has raised passenger fuel surcharges on longhaul flights, just four months after reducing the levy.
guardian.co.uk
guardian.co.uk
Labels: British Airways, fuel, surcharge
Five stars for Asiana
South Korean carrier Asiana Airlines has been awarded five-star status by Skytrax, joining Malaysia Airlines, Qatar Airways, Singapore Airlines and Cathay Pacific Airways in the exclusive five-star club.
theage.com.au
theage.com.au
Labels: Asiana, five-star, Skytrax
Asian airline has X-factor
Melbourne's Avalon airport could be the new home of Malaysian budget carrier, AirAsiaX, following the no-frills airline's decision to launch long-haul international services.
theage.com.au
theage.com.au
Labels: AirAsiaX, Avalon airport, melbourne
Friday, April 27, 2007
Qantas bid to extend Jetstar
Qantas has confirmed its agreement in buying a 30 per cent stake in Vietnamese budget carrier Pacific Airlines, with hopes to rebrand the new acquisition as Jetstar.
theage.com.au
theage.com.au
Labels: Jetstar, Pacific Airlines, Qantas
Wednesday, April 25, 2007
Boeing boost as Virgin opts for Dreamliner
Virgin Atlantic and Air Canada have confirmed orders for Boeings new carbon-composite 787 Dreamliner, an important victory for Boeing over its European rival Airbus.
theage.com.au
theage.com.au
Labels: Boeing, Dreamliner, Virgin Atlantic
Tuesday, April 24, 2007
Norwegian Air buys FlyNordic
Norwegian Air Shuttle has agreed to take over Finnair's budget carrier, FlyNordic in a deal that will give Norwegian new links to Asian routes.
aftenposten.no
aftenposten.no
Labels: Finnair, FlyNordic, Norwegian Air Shuttle
Monday, April 23, 2007
BA considers Iberia takeover move
British Airways is considering making a bid for the Spanish airline Iberia.
bbc.co.uk
bbc.co.uk
Labels: British Airways, Iberia, takeover
Budget airline plans no-frills routes
AirAsia X is set to announce a multi-billion dollar order of up to 15 Airbus A330-300 aircraft.
smh.com.au
smh.com.au
Labels: AirAsia, AirAsiaX, Airbus
Friday, April 20, 2007
JetBlue struggles with 'growing pains'
JetBlue's stock has plunged nearly 20 per cent since mid-February after weather problems forced it to cancel more than a thousand flights in that month.
cnn.com
cnn.com
Labels: JetBlue, plunge, stock
Gol Air cuts profit outlook up to 25 per cent as demand falls
Latin America's largest market value carrier has cut its profit forecast this year as much as 25 per cent as demand for air travel in Brazil drops due to widespread airport delays.
bloomberg.com
bloomberg.com
Labels: Brazil, Gol Air, profit
Wednesday, April 18, 2007
BA voted airline of the year
British Airways has been named airline of the year for the first time in nearly 20 years.
guardian.co.uk
guardian.co.uk
Labels: airline of the year, best airline, British Airways
Tuesday, April 17, 2007
Indonesia vows to act as US warns on flight safety
Indonesia has vowed to shut down its national carriers that do not comply with safety regulations as the USA advises its citizens not to fly on Indonesian airlines.
reuters.com (page not found)
reuters.com (page not found)
Labels: airlines, Indonesia, safety
British Airways Cabin Crews Approve Pay Contract
British Airways cabin crews have voted in favour of a new contract on pay, sick leave and pensions.
bloomberg.com
bloomberg.com
Labels: agreement, British Airways, pension
Sunday, April 15, 2007
Lufthansa mulls Iberia bid move
German airline Lufthansa has repeated its interest in buying Spanish carrier Iberia, saying Spain's national airline was "of strategic interest to Lufthansa in principle".
bbc.co.uk
bbc.co.uk
Labels: buyer, Iberia, lufthansa
Friday, April 13, 2007
Ryanair envisages no-frills transatlantic fares under $15
Ryanair may start a transatlantic operation linking its European bases with the United States from as little as $US12.
smh.com.au
smh.com.au
Labels: $12, Ryanair, transatlantic
Thursday, April 12, 2007
Ryanair boss plans £6 transatlantic flights
Ryanair is planning to launch flights to the United States from just £6 per ticket.
guardian.co.uk
guardian.co.uk
Labels: Ryanair, transatlantic, United States
Jet Airways strikes Sahara deal
India's largest private airline, Jet Airways, has agreed to take over its domestic rival, Air Sahara for 14.5 billions rupees ($340m).
bbc.co.uk
bbc.co.uk
Labels: Air Sahara, Jet Airways, takeover
Runway cleared for Qantas sale
Airline Partners Australia is today expected to lower the acceptances level it needs to gain control of Qantas.
theage.com.au
theage.com.au
Labels: Airline Partners Australia, Qantas, takeover
Friday, April 06, 2007
FlyMe files for bankruptcy
FlyMe (Fly Me Sweden AB), low cost airline from Sweden, has filed for bankruptcy. The Gothenburg based airline announced that it would file for bankruptcy on 2 March 2007, and all flights have been cancelled.
Labels: bankrupt, flyme, low cost airline, sweden
Qantas bid gains altitude with debt deal
The banks behind Airline Partners Australia's $11 billion offer for Qantas have agreed to refinance the takeover bid so APA can take control of the airline without a 100 per cent buyout.
theage.com.au
theage.com.au
Labels: Airline Partners Australia, Qantas, takeover
Thursday, April 05, 2007
New budget airline offers $3 dollar flights
New Malaysian budget carrier, Firefly, has begun its commercial operations by offering flights for as little as $US2.60.
theage.com.au
theage.com.au
Labels: budget, Firefly, Malaysia
Wednesday, April 04, 2007
United Air, bmi seek transatlantic operations link
BMI and United Airlines have made an application to the US Government to form an alliance that would merge their transatlantic operations.
reuters.com
reuters.com
Labels: alliance, BMI, United Airlines
Tuesday, April 03, 2007
New low cost airline from Wales
A new UK based lost cost airline is scheduled to be launched later in 2007. Flyforbeans will be based at Cardiff International airport and will fly to European destinations.
flyforbeans.com
flyforbeans.com
Labels: flyforbeans, low cost airline, uk, wales
Russians join race for Alitalia
Russian airline Aeroflot has teamed up with Italian bank Unicredit to bid for the 39.9 per cent stake in struggling Italian carrier Alitalia.
bbc.co.uk
bbc.co.uk
Labels: Aeroflot, Alitalia, Unicredit
Monday, April 02, 2007
JAL Becomes a Full Member of the oneworld Alliance
JAL, along with Malev Hungarian Airlines and Royal Jordanian, has joined the oneworld alliance as a full member.
japancorp.net
japancorp.net
Labels: JAL, Japan Airlines, Oneworld
Buyout firm offers $4.5 billion for Iberia
Texas Pacific Group has made a €3.4 billion bid approach for the Spanish airline Iberia on Friday.
themoscowtimes.com
themoscowtimes.com
Labels: approach, Iberia, Texas Pacific Group
