Airlines
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AirlinesCREATED JOINT VENTURE EUROCOPTER ROMANIA
ROMANIA, Iar Brasov and Eurocopter signed today an agreement to create Eurocopter Romania, a joint venture company : the agreement sets down the guiding principles and the goals for the activities... more
AirlinesSABENA: THE IMPROVEMENT PLAN
BRUXELLES, BELGIUM, National Belgian airline Sabena, has started in october its improvement plan "Blue Sky" which foresees a Euro 357-million increment in airline operative situation. Plan engages for... more
AirlinesIBERIA E LAN CHILE TO SIGN CODE SHARE AGREEMENT
SANTIAGO, The agreement was announced today by Lan Chile. The Company and Iberia, which are the only two airlines to offer non-stop, Airbus A340 service between Santiago and Madrid, will share each other's... more
AirlinesLUFTHANSA TO COMMENT UE DECISION ABOUT AIR TRAFFIC DISTRIBUTION IN MILAN AIRPORTS
MILAN, Andreas Habel, general manager of Lufthansa in Italy, said "the new rules of air traffic distribution in Milan airport systems approved by European Union represent a step forward compared with the... more
AirlinesGREEN LIGHT BY EC FOR LTU JOINT CONTROL
BRUXELLES, European Commission has given its approval to German LTU airline joint control by SAirGroup, Rewe group and Oppenheim bank. According to Commission officials, there will be no problems of competition... more
AirlinesBRITISH MIDLAND PLANS NAME CHANGE FOR THE U.S. MARKET
U.K., British Midland, second biggest airlines after British Airwais, is considering a name change to BMI, British Midland International, in a bid to stop future American travellers being baffled... more
AirlinesSAS TO BUY BOEING PLANES
SEATTLE, Scandinavian Airlines System has exercised options for three 737 aircraft. The planes are scheduled for delivery in 2002. The new was reported by Boeing Co. more
AirlinesSWISSAIR ATTENDANTS CAN SLAP SEXUAL HARASSERS
ZURICH, Swissair flight attendants will be allowed to slap passengers who sexually harass them and can retaliate against other unruly passengers by tying them up in their seats. more
AirlinesAIR CANADA TO REDUCE STAFF
MONTREAL, The 8% reduction, dismissing 3500 employees, is due to fuel price increase and to the bad weather during the fall which caused additional costs and the cancellation of many flights. more
AirlinesIBERIA WITHDRAWS FROM GO SALE
MADRID, Iberia, the Spanish national carrier, has withdrawn its interest in Go, the low-cost airline put up for sale by British Airways, because its price was very expensive: EU360 million. more
AirlinesALITALIA INDUSTRIAL PLAN: IRELAND PROJECT
ROME, ITALY, In the industrial plan italian airline Alitalia has a project, named "Fleet company" which foresees a foreign company, 100% controlled by Alitalia, constituted in Ireland for the acquisition... more
AirlinesUSA: DELTA TO CANCEL FLIGHTS FOR ICY WEATHER
ATLANTA, Delta Air Lines cancelled about 100 of its flights into and out of Hartsfield International Airport because of the inclement weather. Delta urged travelers to check the airline's Web site to get... more
AirlinesBA TO SEEK BETTER TIES WITH AMERICAN
LONDON, Acording to Financial Times British Airways is seeking to strengthen its bilateral relationship with American Airlines in order to bolster Oneworld alliance, which is led by the two carriers. BA... more
AirlinesSABENA TO DROP DIRECT FLIGHTS TO NEWARK AND JOHANNESBURG
BRUSSELS, Belgium's national airline Sabena said it will end daily flights to Newark International Airport in New Jersey and to Johannesburg, South Africa as part of a restructuring plan. The service... more
AirlinesSAS SELLS 20% BRITISH MIDLAND STAKE TO LUFTHANSA
COPENHAGEN, Scandinavian Airlines said it has completed the transaction with Deutsche Lufthansa and also said it will continue to hold a 20% stake in British Midland. more
AirlinesTRANSAVIA TO EXPAND ITS BOEING 737 FLEET
AMSTERDAM, The Amsterdam-based charter and scheduled airline, will add 11 new Boeing Next Generation 737s in the next three years: three in spring 2001, five in 2002 (including two announced yesterday)... more
AirlinesFINNAIR TO LAUNCH A NEW AIRLINE IN ESTONIA
HELSINKI, The new carrier, Aero Airlines AS, will operate services between Finland and Estonia and connections around the baltic countries. Finnair is searching for estonian investors to finance the project.... more
AirlinesMALPENSA: ALITALIA TAKES NOTE OF EU DECISION
ROME, The airline said it will carefully weigh the consequences of that decision on carrier's plans. Those consequences will be soon referred to board of directors from the managing director of Alitalia,... more
AirlinesAIR ONE: NO AGREEMENTS ON RISE OF PRICES
ROME, Air One disproves the Antitrust accuses saying it increased fares after setting an agreement with other airliners. The only little rise, said an Air One spokeman, is a "fuel surcharge" to recover... more
AirlinesALITALIA BUSINESS PLAN (8): THE FINANCIAL POLICY
ROME, Alitalia's financial policy outlined in the business plan is based on long and medium term operations. The rise of fuel cost will be covered with swap and collar options and operations. The expected... more
AirlinesALITALIA BUSINESS PLAN (6): FLEET EVOLUTION
ROME, ITALY, Investment forecasted in 2000-2004 period, including ordered aircrafts, and new orders to make, totalizes about 3,740 USDm of which about 2,196 USDm financed with own resources, and with... more
AirlinesALITALIA BUSINESS PLAN (5): CARGO PLANES EXPANSION
ROME, The expansion will carry on different strategies at the same time to get a better effect in the market. Among them a better coverage of european market by partnership agreements with delivery companies,... more
AirlinesALITALIA BUSINESS PLAN (4): TRAFFIC
ROME, Following the rationalization starting from 2001, Alitalia plans to invest more capitals in northern Italy and Trunk routes, progressively increasing capacity by a yearly 4,8% average rise. Passenger... more
AirlinesALITALIA BUSINESS PLAN (7): THE STAFF
ROME, The airline is planning a strong improvement of productivity with a slight increase of staff members. Flight attendants will rise 6,8%, to cover the 21% fleet expansion. The organizing decentralization... more
AirlinesALITALIA BUSINESS PLAN (3): TRAFFIC
ROME, The business plan doesn't include possible revenues or financial sources deriving from the sale of airline's minority stake in airport handling holdings, maintenance or other related activities.... more
AirlinesUSA CONGRESS COULD GIVE A NEGATIVE ADVICE ON US AIRWAYS/UNITED MERGER
USA, According to a U.S. congressual report, the proposed merger seeing acquisition of of US Airways by United Airlines would stifle competition in domestic markets; the merger between the two carriers... more
AirlinesALITALIA BUSINESS PLAN (2)
ROME, Passenger traffic boosted so much in the last period that the airline's capacity can't meet the demand anymore. In order to attain a better use of the resources, domestic and international traffic... more
AirlinesBALANCE-SHEET AUSTRIAN AIRLINES 1999/2000
WIEN, Austrian Airlines concluded the financial year Oct 1999/Oct 2000 with a 261,3 Austrian shilling million loss (EU19 million) in spite of 900 Austr.sh. million extra incomes and an paeesengers'... more
AirlinesALITALIA BUSINESS PLAN (1)
ROME, The development, planned from 2002, will be achieved by a "stand alone" plan which will not include partnership with european carriers until at least 2004. The plan schedules to sign a solid agreement... more
AirlinesNEW MEXICAN AIRLINE TO LAUNCH SOON
MEXICO, The new mexican airline, Lineas Aereas Azteca, is expected to launch on 15 January 2001. Azteca will have a fleet of some 17 Boeing 737-300 and will operate on routes formerly held by the now defunct... more
AirlinesALITALIA: CEMPELLA EXPOUNDED BUSINESS PLAN TO LEADERS OF UNIONS
ROME, Domenico Cempella, managing director of Alitalia, yesterday expounded the main topics of the business plan to the leaders of the nine unions represented in Alitalia. Unions seemed to be cautious.... more
AirlinesCONTINENTAL: NEW DAILY FLIGHTS TO ARGENTINA
NEW YORK, The new daily non-stop flights between Buenos Aires, Argentina, and Newark International Airport will be effective from December 1 2001. The airline is carrying on an expansion strategy in Latin... more
AirlinesMIDWAY AIRLINES INAUGURATES NONSTOP SERVICE TO STEAMBOAT SPRINGS, COLORADO
RALEIGH-DURHAM, N.C., U.S.A., Midway Airlines today inaugurated nonstop seasonal service between Raleigh-Durham International Airport and Yampa Valley Regional Airport at Steamboat Springs, Colo. The... more
AirlinesCOMAIR JET EXPRESS ADDS THIRD BOMBARDIER CHALLENGER 604 TO CHARTER FLEET
CINCINNATI, U.S.A., Comair Jet Express is upgrading its fleet of charter aircraft by adding a third Challenger 604 business jet. The recently delivered 2000 model 604 is based in Lexington, Ky., and replaces... more
AirlinesDELTA CONNECTION CARRIER COMAIR TO SUSPEND SERVICE BETWEEN KNOXVILLE AND LA GUARDIA
CINCINNATI, USA, Delta Connection carrier Comair will suspend service between Knoxville, Tenn., and New York's La Guardia Airport after Jan. 30, 2001, as a result of the Federal Aviation Administration's... more
AirlinesPUNCH-UP ON AN AEROFLOT PLANE READY TO TAKE OFF
SINGAPORE, The plane of Aeroflot was taxiing down a runway at Singapore airport to take off and fly back to Moscow when the two men, both drunken, started the fist fight. One of them was sentenced to eight... more
AirlinesFROM JANUARY VOLARE GROUP EFFECTIVE
ITALY, From January the Volare Group's (Volare Airlines and AirEurope) integration will be quite effective. The reorganization and union's process of this two airlines is already almost signed and allows... more
AirlinesRYANAIR INTENDS TO BUILD ITS OWN TERMINAL AT DUBLIN AIRPORT
DUBLIN, Ryanair Chief Executive, Michael O’Leary, confirmed they have resubmitted their plan to build their own private airport terminal in Dublin to Minister Mary O'Rourke. The airline would plan to e... more
AirlinesCONTINENTAL AIRLINES JUMPS TO NO. 18 IN FORTUNE'S '100 BEST COMPANIES TO WORK FOR' LIST
HOUSTON, For the third year in a row, Continental Airlines today was named one of the "100 Best Companies to Work For" by FORTUNE magazine in a study conducted in conjunction with the Great Place... more
AirlinesSAS TO REDUCE PRICES IN SWEDEN
STOCKHOLM, Scandinavian Airlines will reduce its prices for flights within Sweden by 6 percent from January 1 2001 as consequence of the sweidish parliament's decision to reduce the rate of VAT on collective... more
AirlinesALITALIA (2): ''NO ALLIANCE WITH EUROPEAN AIRLINES''
ROME, The new business plan, yesterday approved by board of directors, doesn't include any alliance with european partners, it would rather plan to strenghten a U.S. partnership. The plan describes... more
AirlinesKLM TO BOOST SEATS TO SA
HOLLAND, KLM Royal Dutch Airlines plans to increase the capacity of its South African service by 9% from April next year: KLM says it will provide an extra 246 seats per week without adding extra flights.... more
AirlinesSRI LANKAN AIRLINES RESUMES FLIGHTS
JAKARTA, Sri Lankan Airlines resumed flights to Jakarta on Monday after being suspended for about seven years: the Sri Lankan flag carrier, previously known as Air Lanka, opened service to Jakarta in 1992... more
AirlinesAIR ALGERIE TO BE SOON PRIVATISED
ALGERIA, Algerian government announced its intention to privatise the national carrier Air Algerie. The airline has a fleet of 47 aircrafts and is still waiting to take delivery of 2 Boeing 737-800s and... more
AirlinesA COMPARISON BETWEEN ALITALIA, AIR FRANCE AND SWISSAIR
ROME, ITALY, These are main figures about Alitalia, Air France and Swissair airlines business, according Italian newspaper "La Repubblica": Alitalia Air France Swissair Aircraft... more
AirlinesAEROFLOT TO BUY 30 AIRBUS
PARIS, The new was reported by a source close to french prime minister Jospin. French and russian governments recently signed an agreement in the aerospace area and on protection of secret informations.... more
AirlinesLANCHILE ADDS THREE BOEING 767-300 FREIGHTERS TO ITS FLEET
SEATTLE, USA, LanChile Airlines has ordered two Boeing 767-300 Freighters and is leasing an additional 767-300 Freighter through GE Capital Aviation Services. The new airplanes will help LanChile expand... more
AirlinesZAMBIAN CARRIER JOINS BRITISH AIRWAYS AS FRANCHISE PARTNER
ZAMBIA, African carrier Zambian Air Services (ZAS) has joined British Airways as a franchise partner and expects to start services on behalf of the UK airline next month. ZAS will fly two routes from... more
AirlinesNORWAY: AIRLINE STAFF UNIONS' STRIKE TODAY
NORWAY, The unions have called its members out on a one-hour political strike this morning to protest against government proposal of increasing passenger tax on inland traffic. The strike caused minimal... more
AirlinesSAIRGROUP WILL FACE FY 300 MILLION NET LOSS IN 2001
SWITZERLAND, According to the swiss sunday paper Sonntagszeitung SAirGroup, owning Swissair, could face a full-year net loss of 300 million sfr in 2001. The group is carrying on a strategy of acquiring... more