Author Archive
Air Berlin Denies Etihad Is Pushing For New CEO
Air Berlin denied a report that its major shareholder Etihad Airways is pushing for the German airline to find a new permanent chief executive quickly. German monthly Manager Magazin said in an excerpt of an article to b...
Aer Lingus Repeats Rejection Of Ryanair Bid
Irish airline Aer Lingus on Friday renewed a call to its shareholders to reject Ryanair’s latest takeover bid, saying its budget rival had failed to provide any new information on its offer. Ryanair has asked EU an...
Australian Airports Fund Shares Rise On Offer
The Australian Infrastructure Fund, which holds interests in several state airports, said on Friday it had agreed to a AUD$2 billion (USD$2.10 billion) offer from the sovereign wealth Future Fund, sending its shares to a...
Qantas Posts Loss, Cancels 787 Order
Australia’s struggling flag carrier Qantas Airways on Thursday posted a second-half underlying loss before tax of AUD$107 million and cut orders for 35 Boeing 787 Dreamliners. The airline, which had earlier flagged...
Lufthansa Cabin Crew May Strike From Tuesday
Lufthansa cabin crew may strike over pay from Tuesday in a move that could cause widespread flight disruption at Germany’s leading airline. The UFO union, which represents 18,000 Lufthansa flight attendants, said o...
More Cuts Loom As Fuel Costs Hurt Qantas
Australia’s struggling flag carrier Qantas will face pressure to further cut costs and streamline operations with its earnings poised to take a dive due to high fuel expenses and a bleeding international division. ...
