22-May-2008
German Cartel Office has reportedly further extended the deadline for its review of Air Berlin's plans to purchase a stake in Condor from Thomas Cook by two months to 11-Aug-08 (Reuters, 21-May-08).
22-May-2008
GERMANY : Lufthansa confirmed it is “willing to look” at Austrian Airlines, but stated it needed to be approached by the Austrian carrier first (Reuters, 21-May-08).
22-May-2008
ITALY : Alitalia’s EUR300 million government loan will reportedly be temporarily counted as the airline’s own capital (AFP, 21-May-08).
22-May-2008
GERMANY : Lufthansa stated forward bookings for Jul-08 and Aug-08 are “extremely up” (Reuters, 21-May-08). The airline expects to grow capacity by 7% in the European Summer and expects 2008 operating profit to be at least at last year’s levels.
22-May-2008
The SAS Revenue Information A/S and Lufthansa Systems announced that they have signed a six-year implementation and service (ASP) contract for the Sirax AirFinance Platform.
22-May-2008
(XFN Asia) SAS AB has reportedly ruled out the sale of its Spanair unit to Iberia Lineas Aereas de Espana SA, as it considers its offer too low. SAS is now focusing on a potential offer from a group of Catalan investors led by hotel chain, Husa, and the region's private business foundation, FemCat.
22-May-2008
SWISS announced it will be offering its customers top cuisines from Bern, Switzerland's capital, from 28-May-08. Gregor Zimmermann, Executive Chef at the city's Bellevue Palace, has concocted some innovative combinations exclusively for SWISS' First and Business Class travellers in collaboration with foodservice provider, Gate Gourmet.
22-May-2008
FRANCE : XFN Asia) Air France-KLM is expected to post record net profits of EUR1.1 billion for the full year to March 2008, according to a consensus estimate of analyst forecasts compiled by Thomson Financial. The Group posted net profit of EUR891 million last year.
22-May-2008
GERMANY : (XFN Asia) Air Berlin Plc stated that the German cartel office has again extended the deadline for its review of Air Berlin’s planned acquisition of low cost carrier, Condor, from Thomas Cook by two months until 11-Aug-08.
22-May-2008
OpenSkies, a premium transatlantic airline from British Airways, received approval from the U.S. Department of Transportation to begin operations. The new airline will offer flights between Paris' Orly Airport and New York's JFK Airport starting in June.
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