Author Archive
Turkish Air Continues Buyout Talks With LOT
Turkish Airlines chief executive Temel Kotil said on Friday partnership talks with Polish carrier LOT were continuing and no decision had been made regarding pulling out of its joint venture with Bosnia’s BH...
Air France-KLM Core Losses Widen In Q1
Air France-KLM unveiled a wider first-quarter operating loss on Friday as increased passenger traffic failed to compensate for weak international trade and record fuel costs. Operating losses grew to EUR€597 mil...
Qantas Delays Two A380 Deliveries
Australian carrier Qantas is delaying delivery of two Airbus A380s by 3-4 years to help cut capital spending by AUD$400 million (USD$411 million). Delivery of the two A380s, originally intended for early 2013, will be put back ...
IAG May Close bmibaby In September
British airline bmi, which was bought by BA and Iberia owner IAG last month, has begun a consultation process that could see bmibaby cease operations in September, after it failed to find a buyer for the low-cost unit. Bmi comp...
Losses At Gol May Add To Headwinds
The path to recovery for Brazilian airline Gol, which may post its third quarterly loss in a year, looks increasingly unclear as management struggles with slipping seat occupancy, a jump in fuel prices and a weakening currency....
Unions Call On AMR Board To Support US Air Merger
Three unions at American Airlines are appealing directly to the company’s board of directors to support a merger with rival carrier US Airways, a step that managers at the carrier’s parent, AMR, have so far resisted...
