Thomas Cook strengthens its group airline
As part of its on-going transformation, Thomas Cook Group has announced a new structure for its airlines in the UK, Germany and Belgium. From 1st March 2013, Condor – the Thomas Cook airline brand in...
As part of its on-going transformation, Thomas Cook Group has announced a new structure for its airlines in the UK, Germany and Belgium. From 1st March 2013, Condor – the Thomas Cook airline brand in...
European consolidation is finally on the cards, but not through mergers, rather through cost cutting. Thomas Cook is merging its European businesses, while Ryanair and Flybe will together create an op...
As part of its on-going transformation, Thomas Cook Group has announced a new structure for its airlines in the UK, Germany and Belgium. From 1st March 2013, Condor – the Thomas Cook airline brand in...
Ryanair was notified yesterday at a State of Play meeting with the EU Commission, that the Commission intends to prohibit Ryanair’s offer for Aer Lingus, despite the fact that Ryanair has met every co...
Tony Fernandes’ AirAsia Group and Tata Sons have come to an agreement to form a joint-venture (JV) airline, bringing the Tata family back into the airline sector for the first time since 1953 when Tat...
Etihad Airways has concluded a transaction with Jet Airways to purchase the Indian carrier’s three pairs of London Heathrow airport slots for $70 million. The purchase is part of a sale and lease back...
Air Berlin has launched a new convertible bond of approximately €120 million with a maturity of six years. The bonds, which can be converted into Air Berlin PLC stock, are issued at 100% of nominal va...
Lufthansa Group is planning to order 108 new aircraft – up to 100 short and medium-range aircraft and eight long-range aircraft. The carrier is in negotiations with Airbus and Boeing but the deliverie...
Tony Fernandes, CEO of AirAsia Group has abandoned plans to set up a joint venture (JV) airline in Singapore. He tweeted: “No Singapore. We serve it well already from all our airlines. No Laos. No Bru...
Japan Airlines (JAL) is seeking to replace its grounded 787 aircraft on routes between San Diego and Tokyo, which have been cancelled for the foreseeable future. JAL may use the larger 777 while the 7...
Tongan-owned domestic airline, Real Tonga, has secured the lease of two Y-12 aircraft and will start servicing Tonga's outer islands on 4 March 2013. Tevita Palu, the Chief Executive Officer of Real T...
US Airways Group full year 2012 net profit excluding net special items was a record $537 million, or $2.79 per diluted share. This is a 384% improvement over the Company's 2011 net profit of $111 mill...
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