News from FlightGlobal – Page 1702
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News
Asia comes into focus
As traditional markets struggle, Asia remains the area for revenue-led growth, writes Chris Tarry of CTAIRA, with analyses from Fabrice Tacoun
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Revenue gains buoy carriers
Dragged down by the losses of three major network carriers in reorganisation, US airlines lost $2.6 billion in the third quarter. But revenues are rising as capacity falls, and some analysts are credibly optimistic
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Sterling sold to FL Group
The sale of Copenhagen-based budget carrier Sterling to Iceland’s FL Group is set to change the face of the Scandinavian low-cost sector.
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Judgement day looms for Varig
Varig may avoid the threatened repossession of about half its fleet, but the crisis has left it little time to complete restructuring by its December deadline.
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Delta and Northwest force labour cuts
The two majors in reorganisation are finding that the brute force of bankruptcy protection produces more results than a conciliatory approach.
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USA offers ownership and control deal
A late US offer on ownership and control may not be enough to spur a breakthrough on liberalisation talks between the European Union (EU) and the USA.