All Strategy news – Page 594
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News
Largest US regional ground handler to emerge under Delta plan
Delta Air Lines has unveiled plans to consolidate the customer service operations of its three wholly-owned regional airlines, Comair, Mesaba and Compass,...
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EC doubts fairness and transparency of Austrian takeover
Lufthansa's intended acquisition of Austrian Airlines is under threat from European competition authorities who doubt that the takeover conforms to criteria governing state aid and rescue of struggling companies.
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Air Canada buys $100m in parts from Aero Inventory
UK-based aerospace parts specialist Aero Inventory has sold almost $100 million worth of aircraft parts to Air Canada. Aero Inventory says in a statement...
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Business Briefs
A $300 million goodwill impairment charge pushed B/E Aerospace into the red for...
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This Week Briefings
Europe's first low-cost air-taxi company, Bikkair, has collapsed, citing inability to secure finance....
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Lufthansa sells remaining Condor shares to Thomas Cook
German flag-carrier Lufthansa has exercised its put option to place a 24.9% share of holiday carrier Condor with tour operator Thomas Cook. Thomas...
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Business: Good week - Bad week
LUFTHANSA The German flag carrier expects to turn in a full-year operating profit of €1.3 billion ($1.7 billion), up from its earlier forecast of €1.1 billion....
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Volaris accelerates US launch plans, selects Fort Lauderdale
Mexican low-cost carrier Volaris has selected Fort Lauderdale as its first US destination and has accelerated the launch of transborder services by about...
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PICTURE: Spain's AeBal to rebrand as Quantum Air
Former SAS Group operator Aerolineas de Baleares (AeBal) is to rebrand as Quantum Air and relocate its headquarters from Palma de Mallorca to Madrid. The...
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Bombardier keeps the faith on CSeries
Bombardier's self-imposed deadline to ink firm orders for its geared turbofan (GTF)-powered CSeries airliner passed unceremoniously on 31 January with no...
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P&W must wait for Airbus nod before releasing full GTF flight-test results
Pratt & Whitney will not go public with the definitive data on the fuel burn and noise performance of its GTF...
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Passenger desire for plug-and-play keeps IFE giants on their toes
Thales and Panasonic have moved aggressively to ensure their in-flight entertainment (IFE) hardware can support and enable different media applications and...
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Porter's growth plans eye US, Ontario cities, more frequencies
This airline may have a raccoon for its mascot, but Porter Airlines is very much a different animal among start-ups...
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Jet2 and Oxford Aviation seal five-year training deal
UK budget carrier Jet2 and Oxford Aviation Academy have signed a five-year deal covering simulator and ab initio pilot training.
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BAE invests in asset management business as recession bites
BAE Systems Regional Aircraft has appointed eight executives to a new business development team within its asset management unit, in a bid to take advantage...
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Biofuel R&D to receive up to $25m in federal funding
The US Departments of Energy and Agriculture will allocate up to $25 million in research and development funding for biofuels, including aviation fuels