News from FlightGlobal – Page 1651
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India frees more markets and bursts with low-cost life
India has continued to provide surprises by further liberalising its international air services regime at a speedy pace, the latest deals being with Belgium, Canada and Germany.
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China Eastern completes consolidation
A sweeping consolidation exercise in China involving state-owned airlines is coming to a formal close, with China Eastern preparing to acquire the assets of two smaller carriers.
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Paris cheer
Airbus and Boeing had reasons galore to be pleased with their work at the recent Paris air show as the orders piled in and new models gained ground
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CSA set to compete from Bratislava
CSA Czech Airlines is planning to base aircraft in the Slovak capital Bratislava as it turns its attentions away from Hungary following Malev’s decision to join oneworld rather than SkyTeam.
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Pain relief
Are recent deals real consolidation or just opportunistic moves? A new US combination puts an old question to the test: can two fly more cheaply than one?
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IATA issues profit warning
Rising fuel prices have prompted IATA to widen its 2005 loss forecast for the industry to $6 billion.
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Spin-offs fuel Air Canada’s growth
Air Canada’s holding company, ACE Aviation Holdings, is in empire-building mood, selling stakes in assets such as its Aeroplan frequent flyer programme to fuel growth in other areas
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A grand vision
In the wake of 9/11 the industry seemed ready to free itself from the years of restrictive practices that had left it in crisis. But the hope for a new sense of direction has since faded, at least in the west, leaving others to set the pace