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 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.....

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 .....

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, 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 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 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 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 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.....

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 .....

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 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.....

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.....

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 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.....