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Lufthansa submits takeover offer to Austrian Airlines shareholders
Author: Admin on 2009-03-03 08:39:01

Lufthansa has submitted a public takeover offer to the shareholders of Austrian Airlines through OLH Osterreichische Luftverkehrs-Holding and offered E4.49 per share.

The acceptance period.....

SpiceJet likely to suspend salary hikes for senior management
Author: Admin on 2009-03-03 08:37:30

SpiceJet plans to freeze salary hikes for its senior management for the next fiscal as part of its efforts to tide over the global recession and decline in aviation business, reported the Press Tru.....

Aeroflot, Malev renew contract to operate joint services
Author: Admin on 2009-02-27 09:15:32

Russian airline Aeroflot and Malev Hungarian Airlines have renewed the contract to operate joint services between Budapest, Hungary and Moscow, Russia, starting summer 2009.

Parallel with .....

UPS names vice president of operations for Metro Jersey districtUPS names vice president of operatio
Author: Admin on 2009-02-25 08:55:54

United Parcel Service has named Mark Kemper as the new vice president of operations for the company's Metro Jersey district.

In his new role, Mr Kemper will be responsible for almost 10,00.....

Allegiant Air to establish new base in Los Angeles
Author: Admin on 2009-02-25 08:54:12

Allegiant Air, a low-cost airline subsidiary of the Allegiant Travel Company, has announced that it will establish a new base in Los Angeles, with non-stop jet service from the Los Angeles Internat.....

Enterprise Rent-A-Car to offer new GPS technology at US airport locations
Author: Admin on 2009-02-24 16:41:34

Enterprise Rent-A-Car will offer a new global positioning system-based navigation device, a customized version of the Garmin nuvi 265W, at US airport locations.

According to the company, t.....

PAM Transportation net loss widens
Author: Admin on 2009-02-24 16:39:27

PAM Transportation Services has reported a net loss of 11.42 million dollars, or diluted and basic loss per share of 1.19 dollars, in the fourth quarter of 2008, compared to a net loss of 839,909 d.....

Copa Q4 net income up
Author: Admin on 2009-02-23 09:48:50

Copa Holdings, the parent company of Copa Airlines and Aero Republica, has reported a net income of 51.9 million dollars or diluted earnings per share of 1.2 dollars in the fourth quarter of 2008, .....

Japan Airlines to decrease international fare fuel surcharge
Author: Admin on 2009-02-23 09:44:09

Japan Airlines has requested approval from the Japanese Ministry of Land, Infrastructure, Transport and Tourism to decrease the fuel surcharge placed on all international passenger tickets issued f.....

Iberia to move Heathrow operations to Terminal-3
Author: Admin on 2009-02-19 09:01:24

Spanish airline Iberia will move to the refurbished Terminal-3 at the London Heathrow Airport, effective February 25, 2009.

All Iberia flights, including those operated by British Airways .....

Cebu Pacific launches new service between Manila and Calbayog
Author: Admin on 2009-02-19 08:59:29

Philippines-based airline Cebu Pacific has launched a new domestic service between Manila and Calbayog.

The new service between Manila and Calbayog will be operated three-times-a-week on M.....

Ryanair forms partnership with Costa Cruises
Author: Admin on 2009-02-18 08:55:35

Ryanair has formed a new partnership with Costa Cruises, which will allow the airline's passengers to book cruise holidays directly via Ryanair's website and connect to Costa Cruise liners departin.....

Austrian Airlines January traffic down 12%
Author: Admin on 2009-02-18 08:49:58

The Austrian Airlines Group has reported that its passenger traffic in January 2009 decreased 12.2% to 1.16 billion revenue passenger kilometers, compared to the same period of 2008.

The ai.....

Lufthansa introduces new check-in terminals
Author: Admin on 2009-02-17 09:01:27

German airline Lufthansa has introduced new check-in terminals, and will start replacing its 300 existing check-in terminals with the new terminals.

The first terminals will be installed a.....

Air France-KLM reports Q3 net loss
Author: Admin on 2009-02-17 08:59:22

Air France-KLM has reported a net loss of E505 million for the third quarter ended December 31, 2008, compared to a net income of E139 million in the same period of 2007.

The company's tot.....

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