News from FlightGlobal – Page 1667
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The long hello
The introduction of the A340-500/600 was Airbus’s last dry run before next year’s A380 debut. Five airlines tell us about their experiences – not all plain-sailing
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Delta moves to outsource
In its renewed search to cut costs, Delta Air Lines has reversed its long-standing policy and will contract out almost half its major airliner maintenance and overhaul work.
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Air Canada’s capital plan
Jetsgo’s collapse has eased the way for Air Canada’s parent company to raise C$720 million ($590 million) in the capital markets as the first of several steps aimed at strengthening its finances.
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China and India agree liberal bilateral
The world’s two most populous nations, China and India, have signed a more liberal air services agreement that they hope will lead to a substantial increase in flights.
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Patrick wrests control of Virgin Blue
Australia’s Patrick Corporation has successfully completed its attempt to take control of Virgin Blue.
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Air France-KLM pays off
Air France-KLM’s cautious approach to integration appears to be paying off, with the cost benefits from the groups’ international sales efforts producing results faster than forecast.
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Belgian carriers finally tie the knot
SN Brussels Airlines and Virgin Express now have a common owner, but the two carriers will still operate as separate brands.
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Decision time at Aer Lingus
Despite a third consecutive year of rising operating profits, the future for Ireland’s Aer Lingus remains cloudy.
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The pain of leaving the legacy behind
Despite some positive revenue trends, the US majors continue to struggle with a cash crunch possibly coming as the year draws to a close.
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Foreign low-cost operators restricted
As liberalisation continues to sweep across much of Asia, the ugly hand of protectionism has crept in over Indonesia, with the government there restricting foreign low-cost airlines from serving four key cities.