Author Archive
IATA: Harmonization and Global Standards Key to a Safer Aviation Industry
The International Air Transport Associations (IATA) 2012 Operations Committee (OPC) agreed to four main priorities to guide IATAs safety initiatives over the next 12 months. These are: Pilot and Engineer Training: Accommoda...
Boeing Reports Strong First-Quarter Results
The Boeing Company (NYSE: BA) reported first-quarter net income rose to $0.9 billion, or $1.22 per share, on revenue of $19.4 billion. Earnings per share rose 56 percent, reflecting continued strong core performance across the ...
IAG To Close Loss-making bmi Units If No Buyer
British Airways and Iberia owner IAG will close two loss-making subsidiaries inherited from the acquisition of Lufthansa’s UK unit bmi if it is unable to sell them, IAG’s chief executive Willie Walsh s...
BAA Squeezes More Growth Out Of Heathrow
British airports operator BAA posted a 15 percent rise in quarterly profit on Wednesday, squeezing more growth from its busy London Heathrow hub but repeating its plea for permission to add capacity there. The bus...
EU Probes Ryanair Deals At Nimes Airport
EU antitrust regulators are investigating whether marketing deals and discounted fees granted by France’s Nimes airport to Ryanair gave the Irish low-cost carrier an unfair advantage, in the latest probe aga...
Austrian Air, Pilots Make Wage Deal Progress
Lufthansa unit Austrian Airlines has struck a tentative accord with pilots and flight attendants that could head off AUA’s plans to shift their contracts to a sister company with less generous terms, accordi...