Airlines
20,341 news found
AirlinesAeroflot has increased during the first four-month period of 2004
Moscow, Russia - Company's direction asks Russian Government for encouraging the development of a new transport airplane
Aeroflot Russian carrier's representatives have unveiled results for the first four months of current year. Air traffic would have been risen for 22%, so making this carrier highly competitive not only... more
AirlinesAlitalia (7): Ugl trade union asks company to participate in designing the new industrial plan
Rome, Italy - A cooperation with trade unions is necessary
Ugl trade union has asked Alitalia's direction to meet the trade unions on next days, in order to design together the main aspects of the new industrial plan for this company. This trade union has unveiled... more
AirlinesAlitalia (5): no decision by Italian Government exists with reference to a bridge-loan
Varese, Italy - It has been maintained by Welfare Minister Maroni today
Welfare Minister, Roberto Maroni, has commented today the possibility of a bridge-loan for Alitalia, stating that Italian Government did not decide of warranting something with reference to such matter.... more
AirlinesAlitalia (4): will Fintecna be the new liquidator commissioner or the relaunch provider?
Rome, Italy - A news spread yesterday by press has not resolved our doubts
IRI (Italian Reorganization Agency) does not exists any more, it is a part of Fintecna, a financial enterprise for industrial and services sectors, since November 26, 2002, honouring company's assembly's... more
AirlinesAlitalia (3): an agreement among trade unions, company and Italian Government in order to encourage private investment?
Rome, Italy - Thousands jobs could be in danger by next September
Solutions suggested within Alitalia's Board of Directors yesterday in order to save the carrier would have achieved a support by CGIL trade union, though next September 5000 firing could have already been... more
AirlinesUS Airlines show April revenue improvement
Arlington, USA - Analysts are not so confident
US Airlines posted a nearly 10% gain in the amount of revenue taken in per available seat mile in April. The revenue per available seat mile, also known as unit revenue or RASM, rose 9.7% systemwide from... more
AirlinesAlitalia (2): no more than EUR 400m for a bridge-loan
Rome, Italy - It is the basic condition suggested by Italian Ministry of Economy
Alitalia's Board of Directors led by the new President/CEO Giancarlo Cimoli had asked Government for a bridge-loan consisting of at least EUR 400m, when considering what could be the financial loss of... more
AirlinesAlitalia: Italian Ministry of Economy allows a capital increase
Rome, Italy - A significant opening to private investment so honouring EU ruling regarding state aids
Alitalia's Board of Directors ended yesterday in the evening by approving management accounts for 2003, finding out loss for some EUR 520m. Aiming to a relaunch of the carrier through an industrial plan... more
AirlinesNew direction appointments for Delta
Washington, USA - Facing future challenges without forgetting carrier's tradition
Delta has recently decided for new direction appointments while further roles will be granted in the short time. Such carrier has underlined that one must always bear in mind traditional philosophy of... more
AirlinesAlitalia: company's Board of Directors to occur today
Rome, Italy - Industrial plan, operative accounts and bridge-loan in the centre of attention
Alitalia's share is still rising at Piazza Affari which concluded its activity yesterday by some +6,6% for such carrier. These results should be granted to higher hopes for a relaunch of the carrier when... more
AirlinesAlitalia (2): May and June involved by strikes
Rome, Italy - Demonstrations by Alitalia's personnel but also by ENAC and ENAV's employees
May and June will be involved by several strikes called by Alitalia's personnel. Carrier's pilots are going to stop all day long on next May 28, while remaining sectors will go on strike for four hours... more
AirlinesAlitalia: a bridge-loan is feasible but it is a temporary measure
Rome, Italy - It has been maintained by Italian Minister Lunardi, but reminding that one needs to wait till Europe's answer
Italian Minister for Infrastructures and Transport, Pietro Lunardi, has recently considered a solution for a bridge-loan requested by the new Alitalia's CEO, Giancarlo Cimoli, as feasible. Nevertheless,... more
AirlinesEasyJet starts legal campaign against Air France
Brussels, Belgium - The UK air company thinks that it is a case of competition reduction
On Tuesday the UK low-cost airline easyJet stepped up its legal campaign against what it claims are abuses by Air France of its dominant position in the French market and it has submitted first instance... more
AirlinesAir France profit plunges as group sales fall
Paris, France - This is the seventh positive year for French air company
Air France reported yesterday a drop in annual profit. Net profit in the 2003/04 financial year fell 22.5 percent to EUR 93m and the price of shares in the company rose 'til now 4.09% to EUR 12.99 in bourse... more
AirlinesBoeing: Nippon Cargo Airlines finalizes 747-400 Special Freighter agreement
Seattle, Usa - For three new models
Boeing and Nippon Cargo Airlines (NCA), one of the premier air cargo operators in Asia, last Monday said the carrier will renew its fleet with Boeing 747-400 Special Freighters, making NCA the second announced... more
AirlinesEven Continental rises fuel surcharges
Houston, USA - The air company economic policy is the toughest one among the already presented
The American carrier joins other global companies that have already increased the ticket prices in reaction to fuel rising (see AVIONEWS article) . It also said that if fuel costs keep rising, it may have... more
AirlinesSingapore Airlines push fo A380 delivery
Singapore, Singapore - The next exit of this model is creating great infrastructural problems to the airports
Singapore Airlines said Tuesday it would stick to plans to become the world's first carrier to fly the 555-seat Airbus A380 in 2006. The statement comes a day after Virgin Atlantic, 49-percent owned by... more
AirlinesAeroflot set to join Skyteam
Paris, Francia - Air France chairman has made this announcement today
Air France chairman Jean-Cyril Spinetta said that he is expecting Russian airline Aeroflot to announce that it intends to join the Skyteam alliance. He even added that the announcement should be made next... more
AirlinesOther air companies heading to ticket surcharge due to oil cost
Rome, Italy - Neither the positive exchange impact being happened in Euro markets is able to compensate higher oil cost
Other international air companies are following British Airways market policy, rising ticket price claiming an excessive oil cost. Air France decided that, starting from Wednesday, the tickets will cost... more
AirlinesAlitalia: Maroni agrees for Government intervention in favour of the carrier but not by all means
Milan, Italy - Helping Alitalia means helping the other carriers too
Italian Welfare Minister, Roberto Maroni, has commented Alitalia's future after controlling Board of Directors' results under the leading of CEO Cimoli. According to Maroni, Government will do everything... more
AirlinesGermania Express: flights to Berlin, Hamburg, Dusseldolf and Munich
Rimini, Italy - With "Federico Fellini" airport
According to what declared in a press release Aeradria, the society of management of the Rimini's airport "Until next May 28, 2004, Germania Express, the low-cost carrier that from half of April links... more
AirlinesAlitalia (2): UIL trade union asks for higher cooperation by company's Board of Directors
Rome, Italy - A real relaunch plan is needed to actively involve the trade unions
UIL General Secretary, Luigi Angeletti, has commented today present Alitalia's situation, after company's Board of Directors which occurred last week. According to Angeletti, one cannot think to exclude... more
AirlinesAlitalia: first reactions regarding CEO Cimoli's plan
Rome, Italy - Doubts and scepticism in the majority and within the trade unions
First reactions about CEO Cimoli's plan devoted to save Alitalia come between last weekend and early new week. First of all, one has to remind that the analysis of carrier's accounts for the first three... more
AirlinesAVIONEWS' interview to Matteo Corsini (4): experience with Air Canada and relations with Arab world among the cornerstones of his new strategy
Rome, Italy - Workers must be defended, and damages have already been caused, no one from abroad will destroy this carrier
AVIONEWS: Dr Corsini, do not you think that in the future those willing to purchase this carrier will have to defend its name? Alitalia is actually an icon of Italy abroad. Corsini: "Actually it is only... more
AirlinesAVIONEWS' interview to Matteo Corsini (3): disappeared money and incompetence as the main reasons for such crisis
Rome, Italy - Alitalia must be "fashion and food" in order to gain success
AVIONEWS: Dr Corsini, is it true that you want the keep Alitalia whole? Corsini: "Italian aviation destruction has been caused by American against Fascism and Nazism. Now Boeing dominates but maybe we... more
AirlinesAVIONEWS' interview to Matteo Corsini (2): such Italian real-estate business-man wants to save the carrier by a moderate Arab concert party
Rome, Italy - Everything would be under the leading of a powerfull economic-financial structure of which the name is still not clear
AVIONEWS has interviewed Matteo Corsini Ltd', the Italian business-man willing to invest on Alitalia: AVIONEWS: SULT trade union has spread an interesting press release on Alitalia. It is real that... more
AirlinesAVIONEWS' interview to Matteo Corsini: who's such real-estate trader willing to purchase Alitalia
Rome, Italy - This Italian business-man is firmly willing to invest on this carrier and he even well knows this sector by his participation with Air Canada
AVIONEWS has interviewed Matteo Corsini, an important Italian business-man for the real-estate sector, who tried last year to purchase Cirio and Lazio. He operates in the American market even on the stock... more
AirlinesSAS Group adjusts prices due to increased aviation fuel costs
Stockholm, Sweden - In line with other European and American carriers
As a result of the recent extremely high prices for aviation fuel, the SAS Group is adjusting its fares in line with other European and American airlines. In Scandinavian Airlines' case, this adjustment... more
AirlinesAlitalia (5): Banca Intesa could grant a loan to the carrier
Milan, Italy - Nevertheless, first of all a plausible reorganization plan is needed
Alitalia's direction is already at work in order to find needed funds for company's reorganization soon. In fact, first meetings with banks have already occurred and these ones could be maybe willing to... more
AirlinesAlitalia (4): Cimoli aims to international alliances and to achieve support by trade unions
Rome, Italy - Alitalia Flight company to manage flight activities for the carrier
One of the two new companies which are going to be created in order to encourage the relaunch of this carrier will be called Alitalia Flight. Such company will manage flight activities, and one cannot... more
AirlinesAlitalia (3): a measure for EUR 400m has been suggested
Rome, Italy - A new Board of Directors of the carrier to occur on next May 20
Alitalia CEO, Giancarlo Cimoli, has postponed to next May 20 the meeting of Board of Directors for the company, in order to ensure direction members a sufficient period to prepare an industrial plan. Such... more
AirlinesAlitalia (2): 4000 job cuts are being studied by Board of Directors
Rome, Italy - Cimoli warns about the need for gaining new financial resources and reducing costs as soon as possible
Alitalia President, Giancarlo Cimoli, put forward warning considerations about carrier's condition. After analyzing data related to last decades of management, Cimoli stated: "Everything is wrong during... more
AirlinesAlitalia: CEO Cimoli asks for a bridge-loan in order to save the company
Rome, Italy - Alitalia to be split in two different competent companies
Alitalia Board of Directors pointed out yesterday the relevant difficulties of the carrier in solving its financial problems. The new President/CEO Cimoli unveiled that the loss-making would consist of... more
AirlinesAlitalia (5): Italian Guarantee Commission for strikes explains reasons for denying demonstration scheduled by Cub Trasporti trade union
Rome, Italy - Too many problems due to other strikes which have already been forecasted on next May 17
Italian Guarantee Commission for strikes has unveiled reasons for announcing its adversity to demonstration announced by Cub Trasporti trade union on next May 17. When considering the fact that even Cgil,... more
AirlinesAlitalia (4): European Commissioner Monti comments Italy's treatment with reference to state aids
Brussels, Belgium - No inequality exists compared with other EU's countries but press should put into evidence it better
European Commissioner, Mario Monti, has recently commented the spreading of news through press regarding Alitalia matter, concerning in particular the problem related to state aids. Monti has pointed out... more
AirlinesAlitalia (3): Italian Vice-minister Tassone and Minister Lunardi comment present carrier and national air transport's situation
Rome, Italy - Necessary and quick intervention is required but Government could have done something more
Italian Vice-minister of Infrastructures Tassone has commented today Alitalia matter. According to Tassone, Alitalia has now a major problem to solve, that is to say the one related to a strengthening... more
AirlinesDelta must cut pay soon or face bankruptcy
Atlanta, USA - Analysts wish the carrier will ultimately reach an agreement with its pilots
Delta should ultimately reach an agreement with its pilots, who are among the highest paid in the industry. The air company has enough cash to last until the summer 2005, but on Monday it signaled in a... more
AirlinesAlitalia (2): redundancies and outsourcing under examination of Board of Directors today
Rome, Italy - In the meantime carrier's bonds go on falling
Board of Directors starts again today well bearing in mind agreements with the trade unions: Alitalia will be transformed in a single holding based on two companies, the first one devoted to flight activities,... more
AirlinesAlitalia: carrier's Board of Directors today leaded by Cimoli
Rome, Italy - It will be needed to honour EU's ruling and encourage private funding under banner of inexpensiveness principle, according to Giovanardi
Alitalia's Board of Directors is going to occur today leaded by the new President/CEO Giancarlo Cimoli. Italian Minister for Relations with Parliament, Giovanardi, has reminded that two main conditions... more
AirlinesThe Lufthansa operative profit for the first three months of the year recorded a loss of EUR 116m
Frankfurt, Germany - For year 2004 the company forecasts a step back to positive net profit
Lufthansa on Wednesday narrowed its first-quarter loss and was more upbeat on full-year profits. The airline made an operating loss of EUR 116m in the first three months of the year, after a hefty loss... more
AirlinesDelta introduces new flight from Rome to Cincinnati
Rome, Italy - The press conference will held tomorrow at 12am
The American airline, Delta, that this year celebrates its 75th anniversary, communicates that tomorrow, Wednesday May 12, 2004 at 12am, at the Hotel de Russie, Sala Diaghilev, Via del Babuino, 9 in Rome,... more
AirlinesNew links to Eastern Europe for Germanwings
Milan, Italy - The air company is considering Eastern Europe a primary market
Germanwings (see AVIONEWS article) enforces its links directed to Eastern Europe. The low-cost company will fly from Kohln/Bonn hub to Kracovia, Poland, and to Croatian cities of Zagreb and Split. The... more
AirlinesAlitalia: EU Parliament Deputy, Brunetta, of Forza Italia Party criticizes company's situation
Rome, Italy - Those companies unable to go on in the market usually definitively fall
Forza Italia Party EU Parliament Deputy, Brunetta, has significantly critically commented on this Italian carrier's condition. According to Brunetta in fact, the market is dominated by an effectiveness... more
AirlinesBritish Airways adds flight seats
London, UK - The increment will interest long-range routes starting from this summer
The airline is adding 257,000 seats during the summer months with more flights to popular holiday destinations such as Los Angeles, Hong Kong, Cape Town, Mexico City, Buenos Aires and Dubai, a statement... more
AirlinesLufthansa, rise April traffic
Frankfurt, Germany - Despite the European crisis the air company records strong risings
Germany's Lufthansa said Monday its passenger traffic rose 16.7 percent in April over the same month the previous year, when the industry was hit by the war in Iraq. Traffic, expressed as the number of... more
AirlinesDelta Air Lines appointed the new Chief Financial Officer
Milan, Italy - Delta is the American air company leader in trans-atlantic flights and the 2nd in the world for number of passengers
Delta Air Lines announced that from tomorrow Michael J.Palumbo, that owns a big experience as financial director in the aeronautical sector, will operate as Vice President and Chief Financial Officer.... more
AirlinesUS Airways warns of second bankruptcy
Arlington, USA - This financial problems were listed during filing with SEC
US Airways is calling for a 25 per cent reduction in its operating costs within the next few months and has warned that without these cuts it could be forced to file for a second bankruptcy or sell assets.... more
AirlinesAlitalia (4): Italian Minister for EU Policies Buttiglione tones down excess of optimism of last days
Rome, Italy - Only the first one among the poles has been surpassed by the appointment of Cimoli but there is still so much to do
Italian Minister for EU Policies, Rocco Buttiglione, has commented once again on Alitalia matter today. According to Buttiglione, it is not possible to stop on the achieved agreements so far between Government... more
AirlinesAlitalia (3): measures which have been adopted for this carrier will not be sufficient, according to Wall Street Journal Europe
New York, USA - Italian Government's aim would consist in making this carrier survive at least till the end of general national election
According to Wall Street Journal Europe, a complete forecasting blindness exists with reference to Alitalia's problems and choices subscribed by Italian Government, trade unions and private shareholders.... more
AirlinesAlitalia (2): Epifani appears satisfied about achieved agreements
Rome, Italy - In the meantime, this carrier succeeds in reducing damages in stock markets
CGIL Italian trade union General Secretary, Guglielmo Epifani, appreciated the situation stemmed from last agreement on Alitalia between Government and trade unions, and after the appointment of Cimoli... more