01-May-2008
oneworld is boosting its presence at Milan Malpansa with two more of its member carriers launching services at the airport. Malév Hungarian Airlines added the gateway to its network with American Airlines to follow 01-May-08.
01-May-2008
(XFN Asia) Standard & Poor's Ratings stated it placed its 'BB' longterm corporate credit rating on Scandinavian airline group, SAS AB, on negative watch, reflecting deteriorating industry conditions, rising oil price and intensifying competition.
01-May-2008 IRELAND :
Aer Lingus Group announced that it has now concluded a contract with Lufthansa Technik AG for components maintenance of its A320 and A330 Aircraft. Maintenance services under this new contract will commence from 01-Nov-08 and will be primarily provided in Germany.
01-May-2008 ITALY :
(XFN Asia) Alitalia SpA stated its net debt at the end of March 2008 fell by EUR15 million to 1.353 billion euros, from the end of February, after it sold Air France-KLM shares for EUR79 million, and despite paying EUR56 million in annual bond interest.
01-May-2008
Monarch has announced its entire Winter 2008/2009 schedule well in advance of its competitors. The Winter 08/09 programme includes 1.75 million seats from London Luton, London Gatwick, Birmingham International and Manchester Airports.
01-May-2008
Icelandair announced plans to launch its first inaugural flight from Toronto Pearson International Airport on 02-May-08. With up to five flights weekly, this service marks the extension of Icelandair's service into Canada under the Open Skies agreement between the Canadian Government and Iceland.
01-May-2008 AUSTRIA :
Austrian Airlines announced that at the Ordinary Meeting of Shareholders, to be held on 07-May-08, a new member nominated by investor, Al Jaber, will be elected into the Supervisory Board of Austrian Airlines AG. The new man on the Supervisory Board will be, Herr Klaus Edelhauser.
01-May-2008 HUNGARY :
Malév confirmed it has passed the global airline industry’s benchmark operational safety audit. As a consequence, the auditing organisation, IATA, has renewed the company’s IOSA registration for a further two years.
01-May-2008 HUNGARY :
Malév and Hungarian Post renewed an air cargo contract of coordinated and close cooperation on the back of a forecast of 1,000 tonnes of Hungarian Post mail deliveries in 2008. This tonnage is a 10% increase on the quantity delivered in 2007.
01-May-2008 UNITED KINGDOM :
LONDON (XFN-ASIA) - British Airways Plc. said on Wednesday that it is exploring opportunities for cooperation with American Airlines and Continental Airlines Inc.
