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Ryanair To Appeal As EU Blocks Aer Lingus Move
EU antitrust regulators blocked Ryanair’s third attempt to acquire Irish rival Aer Lingus on Wednesday, a ruling Europe’s biggest low-cost airline called politically motivated and vowed to challenge in court....
EU Court Says Airlines Must Pay For Late Flights
Airlines must pay compensation to passengers who arrive at their destination three or more hours late, even when due to missed connections, the European Union’s highest court said on Tuesday. The ruling supplements...
AirAsia Profit Surges On Thai Share Sale
AirAsia reported full year profit more than tripled, thanks to a share sale of its Thai business. AirAsia, Asia’s largest budget airline by passengers, reported full-year profit of MYR1.88 billion ringgit (USD$606....
Alitalia Chief Quits As Loss Deepens
The chief executive of Italian airline Alitalia quit after only a year in the job on Monday as the struggling company reported a net loss of EUR€280 million (USD$366 million) in 2012. Alitalia, 25 percent owned by Air ...
Asia-Pacific to Drive Demand for Bigger and More Efficient Aircraft
Asia-Pacific airlines will lead global demand for larger and more eco-efficient aircraft types over the next 20 years, according to the latest market forecast for the region by Airbus. The forecast was presented today in Singap...
Sukhoi Superjet Takeoff Abandoned In Moscow
A Sukhoi Superjet 100 failed to take off from Moscow’s Sheremetyevo airport after one of its engines malfunctioned, Interfax reported, further clouding the future of Russia’s first post-Soviet civil aircraft project...
