News from FlightGlobal – Page 1720
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Virgin Blue at centre of power struggle
Ever since Patrick Corporation took control of Virgin Blue in April, Sir Richard Branson has been angling to get back into the carrier he started.
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Austral set to fly overseas
Argentina’s air transport industry has entered more turbulence – this time over who will operate its international routes.
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United outlines post-bankruptcy vision
The long-awaited United Airlines reorganisation plan is set to free the carrier from bankruptcy in February, 38 months since parent UAL sought Chapter 11 protection from creditors in the largest airline bankruptcy on record.
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Star IT platform finally gets the green light
Star Alliance partners Lufthansa and United Airlines have finally committed to a deal that will see technology provider Amadeus develop a common IT platform for the two airlines.
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No easy fix to US woes
Delta and Northwest may now be under bankruptcy protection, but talk of US carrier consolidation is premature, writes Chris Tarry of the CTAIRA consultancy, with analyses from Fabrice Tacoun
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Back to the table
As the groundwork is laid for a new round of transatlantic talks on open skies, there is some hope that progress can be made, despite the many obstacles still to be overcome
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Sliding doors
Thai Airways is in a state of flux, with president Kanok Abhiradee hastily sidelined in the wake of huge losses. But product upgrades and new routes instigated before his departure are beginning to bear fruit
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Protect and survive
The mid-September Chapter 11 filings of Delta Air Lines and Northwest Airlines followed a well-trod path of US carriers seeking the shelter of the bankruptcy courts, but are unlikely to herald a new era of consolidation or reregulation
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After the storm
Hurricane Katrina has jacked up jet fuel prices far more than crude oil costs, hobbling attempts by major carriers to restructure without bankruptcy protection