Airline news
Canada’s Triple Five Interested In Cyprus Air
Canadian conglomerate Triple Five is interested in acquiring a majority stake in Cyprus Airways, the Cypriot flag carrier said on Tuesday. The Canadian group had expressed its intention in a letter sent to the air...
SAS April Traffic Rises 7.9 Percent
Loss-making Scandinavian airline SAS reported a 7.9 percent rise in passenger traffic in April on the back of good demand on most of its routes and said it expected its yield to be stable in the month. The airline...
Kingfisher To Start Paying January Wages
India’s Kingfisher Airlines will start paying January salaries starting from Wednesday, Chairman Vijay Mallya wrote in a letter to employees, as the debt-laden carrier struggles to retain staff. “It is...
LAN Says Brazil OKs Swap In TAM Takeover
Chilean airline LAN said on Monday Brazil’s stock market regulator approved a share swap to take over TAM, adding the move should happen within the next 10 days and help create one of the world’s large...
Air Canada, Pilots To Start 10-Day Talks
Air Canada and the union representing its 3,000 pilots will start 10 days of talks on Thursday under a Canadian government-appointed arbitrator, in a final effort to agree a new contract. If they fail to reach an ...
American Looking At More International Flights
American Airlines, which is being eyed by rival US Airways for possible takeover, plans to boost international flying and increase US codeshares under a plan to emerge from Chapter 11 bankruptcy protection. Americ...