Author Archive
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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...
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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 ...
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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...
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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...
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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...
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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...