US Airways Chairman and CEO Doug Parker within the next month expects to name the senior management team that will lead American Airlines once he becomes that airline’s top executive sometime in the third quarter.
In a joint letter to the staff of American and US Airways, AMR Corp.’s CEO Tom Horton and Parker said “29 integration planning teams and several cross-functional task forces” have been created to determine how the two companies will be combined if their merger plan is approved by regulators.
United Airlines plans a phased return of its Boeing 787s to revenue service starting May 20, as modifications on its six widebodies are completed.
The airline initially will place the first batch of aircraft into domestic service as additional capacity between Houston George Bush Intercontinental Airport and its hubs at Chicago O’Hare International, Denver International and Los Angeles International Airports before the widebody enters international service in June.
WASHINGTON - American Airlines’ newly filed plan of reorganization, which centers on its proposed merger with US Airways, provides details of a drastic overhaul of its regional operation’s cost structure through a combination of aircraft returns and reduced leasing payments. (photo: American Airlines)
Air India and Caribbean Airlines in the next two months could begin negotiations to establish an interline agreement.
The talks follow a visit to India by the Trinidad and Tobago-based airline’s Chairman Rabindra Moonan and CEO Robert Corbie. The two executives in a statement say Air India has agreed to start talks by mid-June to establish the interline accord with the intent to advance the relationship to a full code-share.
Porter Airlines is seeking a major change in regulations governing its base at Billy Bishop Toronto City Center Airport to accommodate an expansion into jet operations.
The airline, which today confirmed a purchase agreement with Bombardier for 12 CS100s, is seeking a change to a 1983 accord that limits jet operations at Billy Bishop to a small number of charter flights. Porter also is seeking regulatory approval to extend the island airport’s main runway by 168 meters at each end, which will require an extension into Lake Ontario.
The UAE’s Ambassador to the U.S. says the two countries are close to finalizing a deal to allow a U.S. customs facility to be based at Abu Dhabi International Airport.
According to Yousef Al Otaiba, he had hoped a deal could have been reached to coincide with the April 2 launch of Etihad Airways’ nonstop service between Abu Dhabi and Washington Dulles International Airport. But while that did not transpire, he says that an agreement is “very, very close” and that the opening of a U.S. Customs and Border Protection facility is then dependent only on equipage.
WASHINGTON - Air Berlin is changing its Boeing 787 order to the -9 variant favored by its largest shareholder, Etihad Airways, says the Abu Dhabi-based carrier’s chairman and CEO, James Hogan. (Photo: Air Berlin)
Brazil’s traffic reports for the first two months of the year clearly illustrate that the country’s two largest operators have implemented dramatic capacity reduction plans, and that their competition continues to grow.
Both TAM Airlines and GOL Linhas Aereas Inteligentes have reversed years of growth to counter shifting demands among domestic travelers, which increasingly are favoring low-cost, low-fare operators. TAM and GOL launched their strategies last year, but the momentum, particularly at TAM, is more evident this year.
International Airlines Group (IAG’s) has increased and revised its offer to purchase Barcelona-based Vueling Airlines.
The new bid increases IAG’s offer to €9.25 ($11.86) a share from €7 and revises the minimum purchase requirement from 90% of Vueling’s voting stock not currently owned by IAG’s Iberia operation to 4.16%.
If accepted by Vueling’s board of directors, this minimum requirement would give IAG a 50.01% stake in Vueling.
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