All Networks news – Page 787
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News
VASP grounding may help Varig
With VASP now grounded, Brazil’s government is free to focus on the bigger challenge of how to rescue debt-laden Varig.
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Cintra abandons merger
Four months after gaining preliminary antitrust clearance to merge Aeromexico and Mexicana, their holding company Cintra has abandoned the idea.
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US Airways fights back
Buoyed by new financing, fresh cost cuts and resumed regional jet deliveries, US Airways is more confident about its prospects for survival.
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Long-haul low-cost from Hong Kong
A group of Hong Kong investors is seeking to establish a so-called long-haul, low-cost airline to operate to points in Europe and North America.
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Patrick bids to take over Virgin Blue
Manoeuvring continues as Patrick Corporation, Virgin Blue’s largest shareholder, bids for control of the Australian low-cost airline.
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Taxing times
No sooner does the industry appear to have righted itself than the threat of yet more taxation appears on the horizon. Global warming, development aid and national security are worthy causes, but why should airlines be the ones to pay?