Virgin Atlantic’s Little Red short-haul arm has become the latest victim in a sweeping strategy review focused on returning the airline to profitability.
Air Canada has reached a tentative agreement with the leadership of its pilots union on a 10-year labor contract. Leadership of the Air Canada Pilots Association (ACPA)—which represents 3,000 Air Canada pilots—said the agreement covers “compensation, benefits and other work rules until September 2024.” Neither the airline nor the union released details of the agreement, which must be ratified by a majority vote of Air Canada’s pilots.
Air passenger traffic demand worldwide grew 5.9% year-over-year in August, up 0.6 point from July but down 0.9 point from August 2013’s growth rate, according to International Air Transport Association (IATA) data. IATA noted that sanctions resulting from the Russia-Ukraine crisis continue to have a sobering effect upon the European economy, especially affecting Germany, and within Russia itself.
You can now register online for Aviation Week events. Go to www.aviationweek.com/conferences or contact: Lydia Janow, 212-904-3225 or 800-240-7645 ext. 5 (U.S. and Canada only) Oct. 7-9—MRO Europe, Madrid Spain Nov. 4-6—MRO Asia, Singapore EXPO Convention and Exhibition Centre, Singapore Nov. 19-20—A&D Programs, Wigwam Resort, Liltchfield Park, Ariz.
To list an event, send information in calendar format to Donna Thomas at [email protected] . (Bold type indicates new calendar listing.) Oct. 6-9—2014 ACI-NA Public Safety & Security Fall Conference, Arlington, Virginia, http://aci-na.org/event/4309 Oct. 7-8—Airsat Forum 2014, Arion Resort & Spa, Athens, Greece, www.iata.org/events/Pages/airsat-forum.aspx