Lufthansa (LH) Group is considering selling subsidiary British Midland (bmi), LH executive board member and Group Airline chief officer Stefan Lauer told ATW in Vienna Monday.
AirBaltic’s (BT) two main shareholders—the Latvian state and Baltijas Aviacijas Sistemas (BAS), the company controlled by the carrier’s president and CEO Bertolt Flick—are entangled in another dispute, as the government vows to make a capital injection in the company conditional on Flick’s resignation, according to media.
The Irish government is considering the sale of its 25% stake in Aer Lingus (EI) because it is no longer seen as a “strategic” asset, transport minister Leo Varadkar said Wednesday.
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Lufthansa (LH) Group is considering selling subsidiary British Midland (bmi), LH executive board member and Group Airline chief officer Stefan Lauer told ATW in Vienna Monday.
China Southern Airlines (CZ) signed a strategic cooperation agreement with Dalian Airport (DLC) as part of a plan to enhance its position in the Dalian market in northeastern China and compete with Air China (CA).
Hainan Airlines (HU) reported a first-half net profit of CNY669.52 million ($104.7 million), up 20.2% compared to net income of CNY556.83 million in the year-ago period, owing to “robust growth of domestic market demand.”
Air France-KLM (AF) Group and AF CEO Pierre-Henri Gourgeon met with trade unions Monday to discuss potential new cost savings in light of the uncertain economic outlook, the company confirmed to ATW.
Qantas (QF) won a significant battle Tuesday over the Australian and International Pilots’ Assn. (AIPA) after industrial arbitrator Fair Work Australia (FWA) dismissed a pilots’ claim over pay.
Hainan Airlines (HU) reported a first-half net profit of CNY669.52 million ($104.7 million), up 20.2% compared to net income of CNY556.83 million in the year-ago period, owing to “robust growth of domestic market demand.”
Saying it is remaining "consistent with the baggage polices of other major carriers," Air Canada (AC) said Friday it will start charging C$25/$25 for a first checked bag on all Canada-US transborder flights.
Boeing confirmed Friday it will deliver the first 747-8 freighter to launch customer Cargolux Sept. 19 at Paine Field in Everett. Production and development issues several times delayed the 747-8F; Cargolux was originally scheduled to get its first aircraft in the third quarter of 2009.
Aircraft leasing giant International Lease Finance Corp. (ILFC) filed a registration statement Friday with the US Securities and Exchange Commission to launch an initial public offering that will pave the way for it to largely break away from troubled parent American International Group.
The Serbian government is once again trying to sell financially troubled, state-owned Jat Airways—or at least find an investor willing to operate and manage a "new" Belgrade-based airline.
