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Wednesday, April 30, 2008
 

Budget airline Nationwide ceases operations with immediate effect


South African budget airline Nationwide stopped operations with immediate effect Tuesday because of financial problems.

The company has a fleet of 17 planes which mainly cover domestic and short haul routes, with flights to London three times per week. It was not immediately clear how many passengers were stranded.

nytimes.com

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Brussels Airlines says in talks to enter alliance


Belgium's Brussels Airlines said on Tuesday it was in talks with various partners to enter one of the world's main commercial airline alliances and keeping the door open for a possible stake sale to a new shareholder.

reuters.com

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Tuesday, April 29, 2008
 

Bmi set for takeover by Lufthansa


German carrier Lufthansa is poised to take control of Bmi, the UK airline controlled by Sir Michael Bishop for the past 30 years, in a deal that could value the business at £500m-£600m.

telegraph.co.uk

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Monday, April 28, 2008
 

Eos Airlines files bankruptcy


Eos Airlines, which offers business class flights between New York and London, said it has filed for Chapter 11 bankruptcy protection, becoming the latest carrier to fail in the face of record fuel prices and a softening economy.

reuters.com

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Sunday, April 27, 2008
 

American Airlines in talks with Continental, US Air


American Airlines has had early stage merger talks with US Airways and is in advanced talks for an alliance with Continental Airlines, sources briefed on the situation said on Friday.

reuters.com

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Thursday, April 24, 2008
 

Alitalia loan stirs rescue hopes


Italy's next Prime Minister Silvio Berlusconi has said that an emergency loan to Alitalia makes it more likely that the problem airline will be saved.

news.bbc.co.uk

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Sky-high fuel hurts US airlines


Delta Air Lines and Northwest Airlines have both recorded multi-billion dollar losses for the first three months of 2008, hit by crippling fuel costs.

news.bbc.co.uk

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Friday, April 18, 2008
 

Airlines resist U.S. plan to unclog LaGuardia


Federal officials unveiled a controversial proposal Wednesday to reduce delays at New York's heavily congested LaGuardia Airport by cutting flights and auctioning off the right for new competitors to fly there.

usatoday.com

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Continental Airlines posts loss


Continental Airlines on Thursday posted a first-quarter loss and said it would reduce capacity as record fuel costs continue to roil the industry.

reuters.com

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Wednesday, April 16, 2008
 

Delta and Northwest agree on merger


Delta Air Lines Inc. and Northwest Airlines Corporation announced yesterday (14 April) an agreement in which the two carriers will combine in an all-stock transaction with a combined enterprise value of $17.7 billion, creating America's premier global airline.

The new airline, which will be called Delta, will provide employees with greater job security, an equity stake in the combined airline, and a more stable platform for future growth in the face of significant economic pressures from rising fuel costs and intense competition as the two carriers said.

Source: euronews.net

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Tuesday, April 15, 2008
 

American Airlines back on track


American Airlines returned to its regular flight schedule Sunday as it completed the final inspections on its fleet of Boeing MD-80 jets.

nydailynews.com

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Sunday, April 13, 2008
 

Airlines fly off the handle at BA's T5 delay


Anger is growing among airlines whose Heathrow relocation plans have been thrown into doubt by British Airways' decision to delay transferring its transatlantic operation to Terminal 5.

telegraph.co.uk

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Frontier Airlines Not Grounded Yet


High traffic and strong March sales are not enough to make Frontier Airlines soar. The budget airline, like many others, is filing for bankruptcy - but this time, cautious creditors are thrown in the mix.

forbes.com

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Friday, April 11, 2008
 

Silverjet Says It's in Takeover Talks


Silverjet Plc, the unprofitable business-class airline that began flying from London to New York last year, said it's in talks about a possible takeover.

bloomberg.com

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Mexicana to join oneworld airline alliance


Mexicana will join the oneworld alliance of 10 international airlines in an effort to expand services and boost revenue as the industry faces surging fuel prices and slowing global economic growth.

nytimes.com

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Thursday, April 10, 2008
 

American Airlines grounds flights


American Airlines has cancelled more than 1,000 flights after grounding its MD-80 aircraft to conduct extra safety inspections on wiring.

news.bbc.co.uk

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Hong Kong airline goes bankrupt


Oasis Hong Kong Airlines, a long-haul budget carrier that tried to offer premium service and spacious seats at low prices, suddenly went into liquidation Wednesday and canceled all flights, the fourth budget carrier to halt operations in the past week and a half.

nytimes.com

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Sunday, April 06, 2008
 

Skybus Airlines shuts down operations


Skybus Airlines Inc, a low-cost U.S. carrier, has shut down its operations due to rising jet fuel costs and the weak economy, the company said.

reuters.com

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Friday, April 04, 2008
 

Alitalia announces new chairman


Italian airline Alitalia has announced a new chairman, after takeover talks with Air France-KLM collapsed.

news.bbc.co.uk

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Airlines Vueling, Clickair to start merger talks


Spanish low cost carrier Vueling said on Tuesday it had agreed to start merger talks with rival Clickair.

reuters.com

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ATA Airlines Discontinues Operations


ATA Airlines last night filed a petition for Chapter 11 bankruptcy protection and this morning discontinued all of its operations. ATA said an "unexpected cancellation" of a military charter contract, provided through an agreement with FedEx, dried up its capital and necessitated the stop in service.

btnonline.com

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Thursday, April 03, 2008
 

Turkish Airlines joins Star Alliance


Turkish Airlines is the latest airline to join Star Alliance, a global airline alliance which includes carriers such as Singapore Airlines, United and Air New Zealand.

news.smh.com.au

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British Airways gets Italy's help in returning misplaced luggage


British Airways canceled more flights at its new terminal at London Heathrow Airport on Wednesday and sought help from Italy in returning misplaced luggage to its customers.

nytimes.com

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Tuesday, April 01, 2008
 

28,000 bags caught in T5 foul-up


It will take up to a week to return 28,000 bags placed in temporary storage after troubles at Heathrow's Terminal 5, a government minister has said.

news.bbc.co.uk

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Aloha Airlines shutting down passenger operations


Aloha Airlines is shutting down its passenger operations less than two weeks after the Honolulu based company filed for bankruptcy protection as a court seeks buyers for its remaining units.

reuters.com

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