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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Monday, April 23, 2007

BA considers Iberia takeover move

British Airways is considering making a bid for the Spanish airline Iberia.

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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.

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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.

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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.

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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.

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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. (page not found)

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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.

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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".

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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.

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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.

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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).

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Runway cleared for Qantas sale

Airline Partners Australia is today expected to lower the acceptances level it needs to gain control of Qantas.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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