Tuesday, April 17, 2007

Airline, Airport And Aviation Industry

Airwise News Story US Airlines Cancel More Flights Due To Storm

US airlines canceled dozens of flights on Monday as they regrouped after heavy rain and gale-force winds battered the US Northeast.


Airwise News Story Delta Creditors Vote For Reorganization

Delta Air Lines said on Monday that creditors overwhelmingly approved its reorganization plan, setting the stage for the airline to exit Chapter 11 bankruptcy by early May.


Airwise News Story Embraer Delivers 25 Planes In Q1

Brazilian aircraft manufacturer Embraer said on Monday it delivered 25 planes in the first quarter, down from 27 in the year-earlier period.


Airwise News Story Jet Sees Air Sahara Profitable In Year One

India's Jet Airways said on Monday its takeover of Air Sahara would not strain its cash flows, and that it expected the loss-making Sahara to turn a profit in the first year of operations.


Airwise News Story Three Non-Binding Offers For Alitalia

All three shortlisted bidders for loss-making Italian airline Alitalia presented their non-binding offers by Monday's deadline, the government said without revealing details of the bids.


Airwise News Story Lufthansa CEO Sees Little Chance For Takeover

Lufthansa does not plan to team up with a partner to buy Iberia and sees the Spanish airline's share price as excessive, its Chief Executive Wolfgang Mayrhuber said on Monday.


Airwise News Story Frankfurt March Passengers Up 8.9 Percent

Fraport said passenger numbers at Frankfurt Airport, its main hub, rose 8.9 percent in March to 4.4 million.


Airwise News Story Passengers Fume As Sleepy BA Crew Delays Flight

Passengers on a British Airways flight from New Delhi to London faced a 13 hour delay as the pilot felt he was too sleepy after a noisy night in a New Delhi hotel, newspapers reported on Monday.


Airwise News Story Ex-Garuda Chief Arrested In Murder Probe

A former head of Indonesian carrier Garuda and another airline official have been arrested in connection with the murder of a leading rights campaigner who was poisoned during a flight, an airline lawyer said.


Airwise News Story Court Rules Against Northwest Flight Attendants

A New York bankruptcy judge denied a motion by Northwest Airlines' flight attendants on Friday to change a ruling that allowed the airline to void their work contract and impose heavy pay cuts last year.


Airwise News Story AirTran Not Planning To Increase Midwest Bid

AirTran Holdings has no intention of increasing its offer for Midwest Air Group after Midwest's board advised shareholders to reject the hostile bid, AirTran's chief operating officer said on Friday.


Airwise News Story Brussels Airport Flights Resume As Strike Ends

Flights resumed at Brussels Airport on Friday after rescue workers agreed to stop a strike, an employee of the airport said.


Airwise News Story Iberia Wants To Know If TPG Has Bid Partner

Iberia said on Friday it required more information from suitor Texas Pacific Group regarding its EUR3.4 billion euro (USD$4.6 billion) bid for the airline, echoing comments it made on Thursday.


Airwise News Story Morgan Stanley To Buy ANA Hotels For USD$2.4 Bln

Morgan Stanley will buy 13 hotels and two property management units from Japanese airline All Nippon Airways for USD$2.4 billion in the biggest hotel transaction in Asia.


Airwise News Story Lufthansa May Hit EUR1 Bln Profit This Year

Lufthansa finance chief Stephan Gemkow said the airline may achieve its target of EUR1 billion euros (USD$1.35 billion) of operating profit a year early in 2007, Euro magazine reported.


Airwise News Story US Airline Recovery Intact Despite The Bumps

Early 2007 has been marked by severe weather and public relations disasters at airlines such as JetBlue Airways and US Airways, but the string of bad luck and blunders does not threaten a longer-term industry recovery, experts say.


Airwise News Story Air France Denies Interest In US Partners

Air France-KLM denied on Thursday a report it may acquire minority stakes in US partner carriers Delta Air Lines and Northwest Airlines.


Airwise News Story Ryanair Plans Low-Cost Transatlantic Airline

Executives at Europe's biggest low-cost carrier Ryanair are working on launching a transatlantic airline with a fleet of 30 to 50 long-haul aircraft in the next three to four years.


Airwise News Story Fraport, Partner Win Antalya Airport Deal

Germany's Fraport and partner IC Holding won a contract to operate Turkey's second-largest airport with a bid of EUR2.37 billion euros (USD$3.19 billion), the companies said on Thursday.


Airwise News Story Iberia Asks TPG For Bid Partner Details

Iberia has not shown its books to Texas Pacific Group and will ask the private equity bidder to name its partners in the deal, the airline said on Thursday.


Airwise News Story Jet Airways To Buy Air Sahara For USD$340 Million

India's Jet Airways said on Thursday it had agreed to buy Air Sahara for INR14.5 billion rupees (USD$340 million), about 34 percent cheaper than an earlier deal it had abandoned.


Airwise News Story Qantas Bidder Lowers Shareholder Acceptance Level

A consortium bidding for Qantas Airways reduced its shareholder acceptance requirement to 70 percent from 90 percent on Thursday in a bid to salvage its AUD$11 billion (USD$9 billion) takeover of the Australian carrier.


Airwise News Story French Air Traffic Disruptions Likely On Thursday

French air traffic is expected to be disrupted on Thursday because of strike action planned by some air traffic controllers, the Civil Aviation Authority said.


Airwise News Story Brazil Air Travel Safe But Lacks Controllers

Brazil's air traffic control is understaffed and lacks modern equipment, but travel is still safe, aviation authorities told Congress on Wednesday.


Airwise News Story Rolls-Royce Wins Guggenheim A330 Freighter Deal

Rolls-Royce said on Wednesday it had received its first order for engines to power the new Airbus A330 freighter plane.

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