News from FlightGlobal – Page 1641
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Further bankruptcies beckon for US majors
The season of involuntary restructuring is in full blossom this autumn as two more major US airlines – Delta and Northwest Airlines – are poised at the brink of bankruptcy.
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Mexican sales spark market shake-up
After years in the doldrums, Mexican aviation is on the verge of significant change with the sale of Aeromexico and Mexicana and the emergence of low-fare players.
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Southwest’s Seattle showdown
Playing tough on airport costs, Southwest Airlines says it will leave Seattle/Tacoma airport and build its own terminal at the little-used Boeing Field across the city.
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NewsSingapore budget carriers to merge
Widely expected consolidation in Singapore’s crowded budget airline sector has become reality, as rivals Jetstar Asia and Valuair have agreed to merge.
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Labour turbulence shakes Aer Lingus management
A bitter labour row over a leaked memo about cuts greeted new Aer Lingus chief executive Dermot Mannion when he assumed the leadership of the Irish state-owned carrier in August.
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Virgin Blue seeks homes for cheap 737s
Faced with a mature market that has little room for growth, Australia’s Virgin Blue is looking for other ways to capitalise on a big asset – nearly 40 options to buy Boeing 737NGs at bargain prices.
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Alitalia thrown final lifeline
Italian flag carrier Alitalia is hoping a European Commission (EC) approved recapitalisation, coupled with a raft of restructuring measures, will enable it to return to profit next year.
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Asia’s skill shortage
Rapid airline growth in the Asia-Pacific region, particularly in China and India, is causing a shortage in skilled staff and putting pressure on costs. But is this a short-term phenomenon, or do carriers face a longer-term problem?
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Leisure travel: New horizons
Leisure carriers are shifting their attentions to medium- and long- haul destinations as they face a stiff challenge from budget airlines and respond to changing consumer behaviour
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Expansive mood
Under Zhou Chi, Shanghai Airlines has become China’s fifth largest airline group. He is planning plenty more growth, including a low-cost arm, but this must not come at the expense of profitability
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Cargo counts
The techniques that airports need to employ to attract cargo service are very different to those used to woo passenger carriers