All Strategy news – Page 573
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News
BA seeks to reinvent itself
Facing a structural shift in its business, British Airways is increasing its liquidity to ride out the economic storm by embarking on a move to raise £600 million ($987 million)in cash while continuing to press for labour support for cost savings.
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American 767 damaged at its Alliance maintenance base
American Airlines says the nose gear on a 767-300 retracted on the ground at its base at the Alliance Fort Worth Airport on 15 July while the aircraft was...
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NewsBA explores options for selling majority share in OpenSkies
British Airways is gearing up to sell control of its OpenSkies premium transatlantic operation, although it intends to retain a degree of interest in the...
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Tiger opposes Virgin Blue-Delta JV
Tiger Airways plans to lodge an objection to the proposed joint venture between Australia's Virgin Blue group and US carrier Delta Air Lines.
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Kellner to depart Continental at year-end
Continental Airlines chief executive officer Larry Kellner plans to leave the airline at the end of 2009, capping off 14-years at the carrier.
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Latest IATA data show murky picture in revival of demand
A potential bottoming out in travel demand is growing harder to predict as IATA's latest examination of travel statistics for the month of May indicates...
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American CEO Arpey cites economic struggles with 757s
American Airlines is giving serious consideration to the role its Boeing 757s will play in its long-term fleet plan as the carrier's chief executive says...
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Aircell expands wi-fi pricing options
Aircell today is introducing two more usage rates for its in-flight broadband solution as more US carriers adopt the firm's air-to-ground (ATG)-based product...
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EU blacklists Kazakhstan but Air Astana narrowly escapes
European Commission air safety regulators have extended the blanket ban on air carriers to Kazakhstan and Zambia, but have eased restrictions on certain...
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EU blacklists Kazakhstan but Air Astana narrowly escapes
Europe Commission air safety regulators have extended the blanket ban on air carriers to Kazakhstan and Zambia, although they have eased the restrictions...
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Bankruptcy judge approves Republic’s purchase of Frontier
A bankruptcy judge overseeing the restructuring of Frontier Airlines under Chapter 11 bankruptcy protection has approved its purchase by Republic Airways...
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Air Canada FAs and pilots ratify labour deals
Canadian flag carrier Air Canada today moved closer to overhauling its cost structure outside a formal restructuring as flight attendants and pilots approved...
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Virgin Blue denies reports on fund-raising deal
Australian carrier Virgin Blue has denied media reports in the country that it had reached a deal to raise up to A$400 million ($312 million) in fresh funds.
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Virgin Blue share trading halted amid fund-raising reports
Trading in the shares of the Virgin Blue Group has been suspended on the Australian stock exchange amid reports that it plans to raise up to A$400 million...
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NewsChina Eastern offers $1.3 billion for Shanghai Airlines
China Eastern Airlines has formally offered to take over Shanghai Airlines in a 9 billion yuan deal as it seeks to increase its market share, lower costs,...
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Former SkyEurope chairman Bitter emerges at Air Arabia Maroc
Roughly a month after resigning his post as chairman of the SkyEurope board, Jason Bitter was selected as chief executive officer of Air Arabia Maroc.
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DOT’s final ATI approval for Star expands carve-outs
After requiring virtually no carve-outs in its tentative approval of antitrust immunity among members of the Star Alliance, the US Department of Transportation...
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AeroMobile supports effort to gain Airbus line-fit offerable status
AeroMobile is standing beside partner Panasonic Avionics as it works to secure line-fit offerability from Airbus for the in-flight mobile connectivity provider's...
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Lithuania's FL Technics links with Coopesa on 757 MRO
Growing Lithuanian maintenance company FL Technics is to co-operate with Costa Rica-based Coopesa to offer base maintenance for Boeing 757 aircraft. The...
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Delta and Virgin Blue to form JV
Virgin Blue group and Delta Air Lines will seek regulatory approval to form a comprehensive joint venture.