17,904 news found
AirlinesAir France-KLM. Meeting between Smith and exponents of the Dutch government
The desire to protect KLM's interests and the role of Elbers has been reaffirmed
In an attempt to solve the new "crisis" in Air France-Klm this morning, the CEO of the Group, Benjamin Smith, met the Dutch finance and transport ministers in The Hague. The aim of the meeting was to find... more
AirlinesJet Airways: approved by the BoD the transformation of debt into shares?
Next phase will be a step backwards of the president
The Board of Directors of Jet Airways would have approved the agreement for the rescue of the carrier that foresees the transformation of the debt in actions of the total value of approximately 1,2 billion... more
AirlinesRyanair. Jacobs: "There will be no strikes next Summer"
Certainty of resolving all the problems with the trade unions by March
"There should be no strikes next Summer", as the Ryanair's Chief Marketing Officer Kenny Jacobs said to journalists in London who asked him about the future of low-cost airline workers. Jacobs also added... more
AirlinesAir Arabia: in the next few months, order for 100 airplanes
Will the low-cost continue to grow?
The low-cost Emirate Air Arabia would be considering the possibility of placing an order for 100 aircraft in the coming months, in what would be the largest commercial agreement signed with Airbus or Boeing... more
AirlinesEtihad: drastic cut to the number of ordered planes
Attempts to return positively continue
The cuts made by Etihad Airways continue. After having closed unprofitable flights and reduced the number of personnel employed, it has now seen a drastic reduction in orders made to Boeing and Airbus... more
AirlinesAir France-KLM: the Group's future be decided on Monday?
There will be an internal crisi if Elbers will be removed as CEO?
Next Monday, the board of directors of Air France-KLM will make a decision regarding the leadership of the Dutch carrier, above all the doubt on the future of the president and CEO of KLM Pieter Elders will... more
AirlinesAlitalia: easyJet specifies that the negotiations will still be long
Participation and business plan still to be defined
The board of Ferrovie dello Stato (FS) gave -yesterday late in the afternoon- the go-ahead to deal with Delta and easyJet to include them in the share ownership of the "new" Alitalia; decision followed... more
AirlinesBrexit. IAG Group: a limit for non-European shareholders?
The only way to avoid the revocation of the operating license of carriers
In order to solve the potential problem relating to the non-European ownership of IAG, the management of the Air Group, which owns British Airways, Iberia, Vueling and Aer Lingus, is considering setting... more
AirlinesAir France-KLM: also Hoekstra is on the side of Elbers
The Dutch Finance Minister calls for an intervention by the French counterpart
During yesterday's meeting between Ministers of Finance Wopke Hoekstra and Bruno Le Maire, the Dutch politician expressed his full support to the current President and CEO of KLM Pieter Elbers, which could... more
AirlinesThomas Cook Airlines: carrier for sale?
Interest especially for slots
The British operator Thomas Cook would be willing to sell its carrier -Thomas Cook Airlines- in order to reduce losses by financing part of the debt through the sale of one of the largest items of expenditure.... more
AirlinesJet Airways: 4 airplanes grounded for economic problems
The future will be decided on February 21st
Jet Airways has grounded four planes after the leasing companies have asked to be paid in the short term, but it is not clear whether this decision was taken voluntarily or whether it came after a court... more
AirlinesAir France-KLM: new internal break or compromise?
The disagreements between Benjamin Smith and Pieter Elbers continue
Will there be a new leak from the Air France-KLM Group? The next to leave could be the president of the carrier KLM Pieter Elbers who could leave his post by February 20, despite the contractual deadline... more
AirlinesAlitalia: in January second most punctual airline in the world
89.04 per cent of flights arrived on-time. According to US company FlightStats
Alitalia has ranked second most punctual airline in the world in January 2019 with 89.04 per cent of flights landed on schedule, according to the report published by FlightStats, the US independent society... more
AirlinesAlitalia: February 14th meeting between unions, Di Maio and extraordinary commissioners
Paleari: "For March there will be the industrial partner"
The Minister of Economic Development and of Labor -and Deputy Prime Minister- Luigi Di Maio convened the unions on February 14 in Rome to talk about the future plans for the relaunch of Alitalia. In addition... more
AirlinesNorwegian Air: found a partner to share air ownership
It would be an Asian company
Among the various strategies implemented by Norwegian Air to reduce costs and to return to being profitable was to find an industrial partner with whom to share the ownership of the aircraft, so as to... more
AirlinesGovernment: final go-ahead for the extension of the Alitalia bridge loan
Deadline to 30 June 2019
The Chamber of Deputies voted -yesterday- the trust on the decree Simplifications, and tomorrow's final vote on the provision will be practically only a formality since the Government can count on a large... more
AirlinesAvianca Brasil: Elliott fund will finance recapitalization
$ 75 million to control 49% of the new company
The fund Elliott Management would be ready -according to the Brazilian newspaper "Valor"- to extend the loan to Avianca Brasil to the airline in a state of insolvency of $ 75 million, so as to allow it... more
AirlinesNorwegian Air: there will be suspended the deliveries of 16 Boeing and Airbus planes?
Further close to the costs of the low-cost carrier
In order to reduce costs, it seems that Norwegian Air is about to postpone the takeover of 16 aircraft produced by Boeing and Airbus that would be used to expand the fleet in the coming years, in a decision... more
AirlinesEmirates-China Southern Airlines: code-share signed
The Emirati carrier promotes a series of initiatives for the Chinese New Year
Emirates and China Southern Airlines have signed a Memorandum of Understanding (MoU) to progress a comprehensive reciprocal code-share agreement, which is set to open up new destinations for passengers... more
AirlinesBankruptcy. Germania mbH terminated flight operations
Insolvency file presented. Germania Flug Ag and Bulgarian Eagle not involved in this measure
Germania Fluggesellschaft mbH, German carrier established in April 1978 and its sister maintenance companies Germania Technik Brandenburg GmbH as well as Germania Flugdienste GmbH filed for insolvency... more
AirlinesGermany mbH (2): new failure for a carrier in Europe
Will Eurowings save it?
New failure in the European skies and once again in Germany. This time the bankruptcy operation is due to be terminated by Germany, which due to the disastrous financial situation had to file for bankruptcy... more
AirlinesQatar-EU: soon an agreement on aircraft transport
The announcement of the CEO of Qatar Airways
An agreement could be signed -in the next weeks- on aircraft transport between Qatar and the European Union (EU), so as to guarantee fair competition through transparency on financing and operations on... more
AirlinesWow Air: plan to relaunch the low-cost carrier
Soon the closing of the acquisition by Indigo
The low-cost carrier Wow Air after six years in full financial expansion thanks to the favorable tariffs for transatlantic connections, in recent years has started to suffer the effects derived from a... more
AirlinesCroatia Airlines: will it be bought by Lufthansa?
The process of privatizing the carrier will start
A new possible "reed" acquisition for Lufthansa? The next objective of the Frankfurt-based air company could be the company Croatia Airlines, which the government of Zagreb is planning to sell to allow... more
AirlinesRyanair reports Q3 loss of EUR 20 million in the 3Q (excluding Lauda)
Lauda, Brexit and succession board
Ryanair today (4 Feb.) reported a Q3 net loss of €20m (excl. Lauda). Strong traffic growth (+8%) to 33m was offset by a 6% decline in ave. fares due to excess winter capacity in Europe. Stronger ancillary r... more
AirlinesAmerican Airlines will not increase participation in China Southern Airlines
Despite the investment made by rival Qatar Airways
After the $ 200 million dollar transaction done in 2017 to buy 3% of China Southern Airlines shares, American Airlines excluded a new investment despite the fact that Qatar Airways recently took over 5%... more
AirlinesLufthansa: in 2018 500 million euros for compensation
Too much request has caused delays and cancellations
During a press conference about Platts oil products held in the last week end in Antwerpen, Belgium, Lufthansa's head of fuel purchases Thorsten Lange explained that problems caused by the increased demand... more
AirlinesHop! becomes Air France Hop
This is the next step in the process of simplifying its brands
Air France announces that the commercial branding on its routes operated by its regional fleet, and currently under the HOP! brand, will now be marketed under the name Air France HOP (see AVIONEWS).This... more
AirlinesBlue Islands brings flights from Liverpool for Summer
The connections will be served by a ATR-72/500 airplane
Blue Islands, the privately and independently owned Channel Islands based regional airline has announced that it will commence a twice weekly service from Liverpool "John Lennon Airport" (LJLA) to Guernsey... more
AirlinesBoeing (2). Muilenburg: "We work for a commercial solution between the US and China"
The new medium size long-range aircraft will be presented in 2020
Despite the severe commercial tensions between the United States and China that could have put American companies in difficulty, Boeing yesterday -which in Chinese airlines the main buyer - declared that... more