News from FlightGlobal – Page 1598
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Delay fears mount as traffic soars
Europe’s air traffic management organisation Eurocontrol says that air traffic grew to a record 9.2 million flights in 2005, but airline bodies are nervous as delay levels creep up.
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Airlines lose passenger rights case
The European Court of Justice (ECJ) has thrown out a challenge brought by IATA and Europe’s low-cost airlines against new rules covering passenger rights in cases of denied boarding, cancellations and delays.
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Lufthansa extends empire
German flag carrier Lufthansa is to take over control of Eurowings and its low-cost subsidiary germanwings after winning approval for the deal from the European competition authorities.
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Northwest cranks up labour tensions
A proposal by Northwest Airlines to set up an internal small-jet subsidiary as it reorganises in bankruptcy has provoked strike threats by its pilots union, a warning observers are taking seriously.
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US blow for SkyTeam
The SkyTeam alliance was dealt a significant regulatory setback with a US denial of antitrust immunity sought by its European core members and two of its three US flag carriers partners.
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More of the same
The latest research from Airline Business shows that carriers have been tackling their cost bases vigorously over the past few brutal years with measurable success. However, as traffic and revenues rise, the challenge will be to sustain this progress and change the industry’s fundamentals for ever
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Full recovery
Leasing companies are enjoying some of the best market conditions they have ever known, and are ordering aircraft heavily once again
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Finance and Leasing markets
The leasing market stormed back to its peak in 2005, encouraging lessors to begin ordering aircraft heavily once again. Investors are also viewing airlines more favourably. Our annual leasing survey, compiled by sister fleet data service AvSoft, features details of the Top 50 leasing companies and our rankings.
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Liquid returns
The airline sector is once again back in favour with investors, with plenty of financing available and an increasing number of initial public offerings coming to market
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Focus Iceland: Northern raiders
A small island in the North Atlantic does not immediately spring to mind as a hotbed of aggressive investment policies and strategic forays into foreign lands, yet Iceland has an abundance of both
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Africa report: Bilateral barriers
Despite a wide geographical area, large population and limited surface transport, progress towards liberalisation of the skies over southern Africa is still painfully slow
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Delayed take-off
Bangkok’s Suvarnabhumi airport, despite a well-publicised so-called first landing in September, may finally open in June 2006. But several question marks still hang over the development and IATA has a number of misgivings
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Gary Kelly: on the offensive at Southwest
Gary Kelly has a hard act to follow, but looks like the right man to grow Southwest Airlines – that much-imitated low-cost leader – aggressively and head off the competition
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Airport action
Leaders at the recent Latin American Airline Forum in Miami showed solidarity with IATA and several Star Alliance carriers as they denounced excessive airport fees