All Safety News – Page 964
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Traffic finally flows back
Last year was the year when traffic finally returned, and although there will be no soft comparisons for 2005 figures, most commentators see sustained growth ahead
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Industry slams fuel tax proposal
Airline groups have reacted angrily to proposals from several European states to tax aviation fuel in order to raise money to aid developing nations in Africa.
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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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JAL launches corporate overhaul
Just over two years after it took over former rival Japan Air System (JAS), the Japan Airlines (JAL) Group is planning a further corporate restructuring including large cuts in top management positions.
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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?
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No-frills fortunes
US and European low-cost carriers have gained significant market share at the expense of legacy carriers over the last five years and expect growth to accelerate in the next five