TAP staff to strike
In a protest over budget, pay and job cuts, staff at TAP plan to on March 21-23 – overlapping industrial action by staff at Iberia who plan intermittent stoppages between March 18-22. The TAP action h...
In a protest over budget, pay and job cuts, staff at TAP plan to on March 21-23 – overlapping industrial action by staff at Iberia who plan intermittent stoppages between March 18-22. The TAP action h...
The Administrative Council for Economic Defense – Cade in Brazil has celebrated a Cease and Desist Agreement (TCC) with airline companies Societé Air France and KLM (a Royal Dutch Aviation Company) an...
Buried in International Airlines Group’s annual report is the news that the group has informed its lenders that is has failed to meet one of the financial covenant on a finance lease for one A340-600,...
Buried in International Airlines Group’s annual report is the news that the group has informed its lenders that is has failed to meet one of the financial covenant on a finance lease for one A340-600,...
David Andrews has resigned from investment firm Pimco to start his own venture. Timelines are yet to be agreed but industry friends have been quick to wish him well. Greg Lee of Goldman Sachs says: “D...
Polish airline LOT is due to file its recovery plan but it does not yet know when the 787 will resume flights and much of its hoped for return to profit depends on cutting operating costs and attracti...
Portuguese TAP Airlines has posted a 3.1% increase in profit to €16 million in 2012, up from €3.1 million in 2011. This is the fourth consecutive year that the airline has posted positive results. TAP...
Aeroflot’s CEO Vitaly Savelyev is considering several options to launch a low-cost subsidiary. One option is to transform existing Donavia into a low-cost operation but it is encumbered with an old fl...
Lufthansa and labour union Verdi are meeting to discuss wage increases. Verdi wants increases of 5.2%, a profit-sharing scheme and job guarantees, however these demands come at the same time that Luft...
Alitalia net loss widened during 2012 from of €69 million to €280 million ($370 million), worsened from a loss of €69 million in 2011. Full-year revenue rose by 3.3% to €3.59 billion. Passenger number...
Air France-KLM Group chairman and CEO Jean-Cyril Spinetta has stated that Air France will not finalise a tentative agreement from September 2011 to order 25 Airbus A350 XWBs by the end of the first qu...
The Russian Ministry of Transport has prepared amendments for its air code that will allow Russian airlines to hire foreign pilots. Russian carriers will be able to hire up to 200 foreign captains and...
We're Social