Airlines
20,341 news found
AirlinesFINNAIR POSTS LOSSES IN THE THE THIRD QUARTER
HELSINKI, Finnair reported losses for eur16,6 million in the third quarter ended Sept. 30, versus eur39 million profit in the previous year. CEO Keijo Suila said "we face a tough winter ahead and our earnings... more
AirlinesPOLISH TREASURY MINISTER WARNS OF RISK OF INSOLVENCY FOR LOT
POLAND, Treasury Minister Wieslaw Kaczmarek said that LOT "must launch a deep restructuring, including significant cost cuts, otherwise, the company will go to the brink of insolvency and won't be able... more
AirlinesDELTA AIR LINES TO EXPAND CODESHARE SERVICE IN EUROPE, AFRICA, ASIA WITH SKYTEAM PARTNER AIR FRANCE
ATLANTA, "SkyTeam partners Delta Air Lines (NYSE: DAL - news) and Air France today announced they would expand their present codeshare to include eight new destinations in Europe, Africa and Asia as well... more
AirlinesAIR FRANCE (2): ACTIVITIES OF THE LAST SIX MONTHS
PARIS, FRANCE, According to financial data diffused by Air France during the press conference held Tuesday in Paris, the consolidated turnover about passenger activity increased of 9,7% to 5,53 EURbn,... more
AirlinesNORTHWEST TO LAY OFF MORE PILOTS
EAGAN, USA, Northwest Airlines announced it is to furlough other 47 pilots on January 2. The carrier already laid off 45 pilots in September and October. Northwest spokesman Kurt Ebenhoch said passenger... more
AirlinesAIR FRANCE EVALUATE TO SAVE 400 EURM WITH ACQUISITION IN LEASING OF EIGHT AIRCRAFTS RATHER THAN BUYING IT
PARIS, FRANCE, In the press conference held by Air France chairman Jean-Cyril Spinetta on Tuesday at Meridien Hotel in Paris, to unveil the financial data of the airline, chief financial officer Philippe... more
AirlinesFEDERAL EXPRESS AWARDED BY U.S. GOVERNMENT OF A OVER 13 USDM CONTRACT
USA, Federal Express, El Segundo, Calif., is being awarded a $13,044,134 contract to provide for transportation of perishables to various locations in Korea and Japan. This work will be complete September... more
AirlinesAIRTRAN AIRWAYS TO CUT FARES
ORLANDO, AirTran Airways today announced it is to cut many fares by up to 35%. The reductions will be offered from December 12 to March 20. AirTran's chief executive, Joe Leonard, said that the troubles... more
AirlinesUNITED ADDS DENVER-HONOLULU FLIGHTS ON WEEKENDS BEGINNING IN FEBRUARY
CHICAGO, United Airlines announced "it will strengthen its leading position in the Mainland-Hawaii air travel market, introducing new scheduled weekend flights between Denver and Honolulu and reinstating... more
AirlinesLANCHILE SIGNS LONG-TERM AGREEMENT WITH THE LANCHILE PILOT UNION
SANTIAGO, LanChile S.A. announced that "it has signed a new four-year contract with the 111 pilots who form the LanChile Pilot Union. This new contract, scheduled to expire on November 30, 2005, comprises... more
AirlinesUE EXTENDS AIRLINE AIDS TO PORTUGAL AND LUXEMBOURG
BRUSSELS, The European Commission has given th governments of Portugal and Luxembourg the go ahead for a financial aid to their airlines in order to cover insurance expenses. "There are clearly difficulties... more
AirlinesCONTINENTAL AIRLINES ANNOUNCES PUBLIC OFFERING
HOUSTON, "Continental Airlines, Inc. today announced the pricing of a public offering of 6.74 million shares of its Class B Common Stock at a price to the public of $22.50 per share. Continental expects... more
AirlinesAMERICAN BEGINS SERVICE BETWEEN ANTIGUA AND SAN JUAN WITH NEW 737 AIRCRAFT
ANTIGUA, "American Airlines announced today that it will begin daily service between Antigua and San Juan using Boeing 737-800 aircraft, effective Dec. 2. American will discontinue its daily flight... more
AirlinesSPINETTA, AIR FRANCE CHAIRMAN, ANSWERS TO AVIONEWS IN AN EXCLUSIVE INTERVIEW
PARIS, FRANCE, Air France Chairman, Jean-Cyril Spinetta has been inteviewed by Avionews during the press conference for the unveiling of the financial data for the last fiscal six months period 2001/2002.... more
AirlinesEASYJET COULD OPEN NEW EUROPEAN HUB
ZURICH, Ray Webster, Easyjet Ltd CEO, announced in an interview with Finanz und Wirtschaft that the carrier aims to open a new european hub by next summer. Webster specified that the hub could be in... more
AirlinesSAS INTERESTED IN FINNAIR AND LOT
STOCKHOLM, SAS, Scandinavian Airlines System, would be interested in acquiring finnish Finnair and polish Lot to gain the supremacy in Northern Europe market and in order to play a a more incisive role... more
AirlinesAIR NEW ZEALAND TO GET GOVERNMENT BAILOUT
NEW ZEALAND, The government of New Zealand is to provide an additional $62 million into Air New Zealand Ltd. The government will increase its stake to at least 82%. Brierley Investments Ltd. and Singapore... more
AirlinesMALEV TO LEASE PLANES
HUNGARY, Hungarian airline Malev leased 10 new 737NGs, six 737-700s, two 737-800s and two 737-600s, from International Lease Finance Corp. Deliveries will begin in Feb. 2003 to be completed by late... more
AirlinesUS AIRWAYS CEO RESIGNS
ARLINGTON, US Airways ceo, Rakesh Gangwal, resigned yesterday to pursue work in private equity and venture capital, said a press release. Chairman Stephen Wolf said he is to take back the reins temporarily.... more
AirlinesSPINETTA, AIR FRANCE: HIS WORDS AT THE PRESS CONFERENCE OF YESTERDAY
PARIS, FRANCE, Air France president, Jean-Cyril Spinetta, during the press conference held yesterday in Paris to unveal the financial data of the last six fiscal months 2001/2002, said "The air trasport... more
AirlinesAIR FRANCE RELEASES RESULTS (2). SPINETTA: '' A SOLID FINANCIAL STRUCTURE''
PARIS, FRANCE, According to Air France President, Jean-Cyril Spinetta declarations, reported by our Paris correspondant, the airline number one, said that Air France has a "solid financial structure",... more
AirlinesAIR FRANCE RELEASES THE LAST SIX FINANCIAL MONTHS RESULTS
PARIS, FRANCE, In the press conference held in Paris this afternoon, Air France President, Jean Cyril Spinetta, released the financial data for the last six month of fiscal exercise. According these figures,... more
AirlinesTALKS BETWEEN BERLUSCONI AND JOSPIN ON AVIATION CRISIS
PERIGUEUX, FRANCE, In a meeting held between Italian prime minister Silvio Berlusconi and his French colleague Lionel Jospin, the talks have involved also the crisis of the world aviation market. Jospen... more
AirlinesSUN COUNTRY TO STOP FIVE ROUTES
MINNESOTA, USA, US airline Sun Country is to suspend five routes on Friday. In addition, the carrier is to ground 12 Boeing 727 aircraft in its 24-strong fleet. Sun Country will end the service to Los... more
AirlinesINFORMATION REGARDING SAS ACQUISITION OF BRAATHENS
STOCKHOLM, "SAS entered into an agreement with Braathens' principal shareholders, Braganza, Bramora and KLM, on May 21, 2001 to acquire their shares in Braathens and to launch a tender offer for the shares... more
AirlinesCHINESE AIRLINES TO CUT FARES
CHINA, Chinese airlines are expected to lower fares in the months ahead, said unofficial sources close to the General Administration of Civil Aviation of China (CAAC). The cut will be due to the slumping... more
AirlinesCHINA SOUTHERN AIRLINES' TRAFFIC UP IN OCTOBER
CHINA, China Southern Airlines reported a 5% increase in October passenger and cargo traffic. Load factor went up 1,9% to 63,3%. For the ten months ended October 30 the carrier's cargo traffic was up 14,4%,... more
AirlinesRYANAIR TO ANNOUNCE NEW ROUTES BEFORE CHRISTMAS
DUBLIN, "We're going to announce it before Christmas and start flying it in March, April or May next year", Ryanair Chief Executive Officer Michael O'Leary announced to press. The no-frills airline will... more
AirlinesKOREAN AIRLINES TO GET LOANS FROM GOV.
SEOUL, Korean Air and Asiana Airlines are to receive state loans to offset the effects of Sept. 11. Korean Air will be injected with 140 billion won ($109 million) and Asiana will receive 110 billion won.... more
AirlinesVARIG AIRLINES AND TENZING COMMUNICATIONS LAUNCH SOUTH AMERICA'S FIRST GLOBAL INFLIGHT EMAIL AND WEB SERVICE
SEATTLE, "Varig Airlines and Tenzing Communications Inc. announced the launch of Tenzing's email and Web service on Varig Airlines. Brazil's Varig, South America's largest airline, installed the Tenzing... more
AirlinesDELTA CONNECTION TO BEGIN SERVICE BETWEEN ORLANDO, FLA., NASHVILLE, TENN.
CINCINNATI, "Delta Connection carrier Comair will offer customers three daily roundtrip flights between Orlando, Fla., and Nashville, Tenn., effective Jan. 15, 2002. Comair will provide the nonstop service... more
AirlinesTAP AIR PORTUGAL REPORTS PASSENGERS INCREASE FROM JANUARY TO SEPTEMBER
LISBON, Tap Air Portugal transported 4,2 million passengers from January to September 2001, with a 3,5% increase year-to-year. Capacity reached 72%. The airline is developing an emergency plan in order... more
AirlinesRYANAIR TO LAUNCH FLIGHTS BETWEEN ITALY AND GERMANY
DUBLIN, Irish low-cost carrier Ryanair is to launch new routes from Italy to Frankfurt. A new service between Frankfurt and Bergamo and Pescara is to be launched on February 14. A third new route, from... more
AirlinesBOMBARDIER DELIVERS FIRST Q400 TO ENGLAND'S BRITISH EUROPEAN
TORONTO, "British European, UK's largest independent scheduled airline, has taken delivery of its first 78-seat Bombardier Q400* high-speed airliner, one of four on order, from... more
AirlinesCHINA YUNNAN AIRLINES RECEIVES FIRST TWO CRJ FROM
TORONTO, "Bombardier Aerospace has delivered the first two Bombardier CRJ200* Series regional jetliner to China Yunnan Airlines of the People's Republic of China, which has placed firm orders for six... more
AirlinesSAS DELAYS OPENING OF SAN FRANCISCO ROUTE
STOCKHOLM, "As a result of the decline in the number of passengers, SAS has decided to delay the launch of San Francisco as a new destination. The events in New York on September 11 this year have... more
AirlinesAIR FRANCE FLIGHTS IN AFRICA TO BE DELAYED BY INDUSTRIAL ACTION
FRANCE, An industrial action of Air Afrique's workers is to disrupt AIr France flights in 11 african countries today. AIr France is to become the biggest shareholder in Air Afrique. "What is at stake here... more
AirlinesTHAI AIRWAYS DELAYS THE SALE OF A STAKE
BANGKOK, Thai Airways said it will delay the sale of a 23% stake to focus on its restructuring plan before selling, said Thai Airways chairman Virabongsa Ramangkura. Itr is not certain how long the sale,... more
AirlinesSABENA SUES SWISSAIR
BRUSSELS, Sabena and belgian government will sue Swissair for damages and other costs worth over 1 billion Euros. Swissair would be responsible for Sabena's colapse because it didn't make a contribution... more
AirlinesBUZZ TO CUT SOME EUROPEAN FARES
LONDON, Buzz said it is to cut the price of some european services by up to 45% in order to tempt passengers back to the sky. The carrier, owned by KLM, predicts a 15% rise in bookings thanx to such a... more
AirlinesEU RECEIVE A LUFTHANSA PROTEST AGAINST LTU AIDS
BRUSSELS, BELGIUM, A protest from Lufthansa has been delivered to European Union about the finacial aids for 123 EURm, received by German airline LTU by Land Nordreno-Westfalia. Lufthansa ask also European... more
AirlinesGHANA AIRWAYS PILOT GROUNDED FOR SUPPORTING BIN LADEN
ACCRA, A Ghana Airways pilot, Talal Khaldi, has been grounded for allegedly supporting the terrorist Bin Laden. The man, of syrian descent, was also banned from entering restricted areas at the Kotoka... more
AirlinesKLM SUFFERS EUR 52 MILLION DAMAGE AFTER 11 SEPTEMBER
AMSTERDAM, "Our first estimate is of direct damages after September 11 would be a minimum 52 million euros", said Bart Koster, spokesman for KLM. Koster added that the exact amount is to be revealed next... more
AirlinesSAA WILL BE REACQUIRED BY SOUTH AFRICAN GOVENMENT
JOHANNESBURG, SOUTH AFRICA, The 20% share of South African Airlines, that South African government has yeld to Swissair, will be reacquired entirely by that government, as announced by a spokesman, after... more
AirlinesQATAR AIRWAYS TO LAUNCH NEW SERVICE TO MALDIVES
QATAR, Qatar Airways is to launch a new route between Doha and Male, in Maldives, from December 18. The airline will operate three weekly flights. more
AirlinesFINNAIR LOSE 8,2 EURM
HELSINKI, FINLAND, According to a Finnair spokesman, airline suffered a 8,2 EURm lose in the third quarter of 2001, due to general crisis which attained the aviation market. more
AirlinesRYANAIR DEFIES LUFTHANSA IN GERMANY
FRANKFURT, Ryanair announced that Frankfurt-Hahn Airport is to become its second base in continental Europe. Michael O'Leary, ceo for the low-cost carrier, said that from February Ryanair will operate... more
AirlinesEL AL PROFITS SOAR IN THE THIRD QUARTER
ISRAEL, El Al profits took off to $24,2 million in the third quarter, compared with $15,2 million the previous year. operating revenues declined by 16% to $350,2 million. Operating expenses fell 18% to... more
AirlinesKOREAN AIR EXPANDS ROUTES TO CHINA
SEOUL, Korean Air announced it has added six new routes to China to prepare for next year's World Cup. The new services are Cheongju-Beijing, Taegu-Beijing, Pusan-Qingdao, Incheon-Kunming and Incheon-Wuhan,... more
AirlinesAIR CANADA TO LAUNCH NON-STOP VANCOUVER-ANCHORAGE SERVICE
VANCOUVER, Air Canada "announced that it will offer its customers daily non-stop Vancouver-Anchorage service effective May 13 to September 15, 2002 coinciding with the summer travel season. To promote... more