Networks – Page 615
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News
Virgin America set to fly
Virgin America is on course to begin US flights in summer after enlisting new investors and government officials in a successful campaign to reverse federal rejection of its application to fly.
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Gol changes gear with New Varig buy
Brazilian low-cost carrier Gol plans to buy New Varig and convert it into a long-haul affiliate.
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Nigeria's Arik Air goes long-haul
Arik Air is planning to launch long-haul services later this year as part of an ambitious expansion plan that will make it Nigeria's largest carrier.
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Texas Pacific eyes Iberia
US private equity firm Texas Pacific Group has expressed interest in launching a takeover bid for Iberia.
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Labour challenges mount at US majors
As the finances of major US airlines continue to improve, their labour unions are becoming more vocal in their demands for payback.
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Air Berlin makes long-haul move
Air Berlin has agreed to acquire German leisure carrier LTU for €140 million ($187 million) plus the assumption of €190-200 million in debt.
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Etihad targets 2010 for first profits
Etihad Airways plans more rapid network and fleet growth but warns it will chalk up another three years of losses and needs another capital infusion.
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Long-haul low-cost wins new fans
Ryanair chief executive Michael O'Leary has become the latest low-cost airline leader to toy with the idea of launching a long-haul carrier.