News from FlightGlobal – Page 1473
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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.
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The Southwest effect
When it comes to being a role model, Southwest Airlines is virtually perfect, and imitators from around the globe have followed its low-cost lead. But as times get tougher even Southwest is debating whether to alter its no-frills approach
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Low cost & regionals: Menu options
US carriers are boosting their efforts to sell ancillary products after seeing the positive impact of non-ticket revenues on the balance sheets of their European and Asian counterparts
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Low cost & regionals: After the gold rush
Entering the market and rapidly building up aircraft and destinations is the easy part for the management teams of low-cost carriers. The tough bit is making money doing it
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Low cost & regional: Sales thrust
The regional aircraft manufacturers are enjoying their best sales period for several years, with turboprops and larger jets proving popular
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Low cost & regionals: Branch lines
US regionals may have taken a body blow when the troubled majors renegotiated their flying contracts, but they have gained the ability to branch out in new directions
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NewsJoachim Hunold: Opportunity knocks
In just 12 months Joachim Hunold, the chief executive of Air Berlin, has taken the German low-cost/charter hybrid carrier public, bought a rival and entered the long-haul market