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BA ‘close’ to Iberia deal

: Latest News; Friday, 30 October 2009

UK carrier British Airways says it is ready to challenge competition concerns raised by European Union regulators about its planned alliance with American Airlines and Spain’s Iberia and ceo Willie Walsh also has signalled he believes the BA-Iberia merger is very close.

BAA books GBP225 million Gatwick loss

: Latest News; Thursday, 29 October 2009

BAA, the UK airports owner that sold London Gatwick airport to Global Infrastructure Partners last week for GBP1.51 billion, says it booked a GBP225 million loss on the deal. BAA had valued the airport for accounting purposes at GBP1.735 billion.

Northwest pilots lose licences

: Latest News; Thursday, 29 October 2009

The USA’s FAA administrator has revoked the licences of the two Northwest Airlines pilots who said they were studying schedules when they flew 150 miles past their destination, Minneapolis International Airport, before circling back to land.

ACCC targets Thai Airways

: Latest News; Thursday, 29 October 2009

The Australian Competition and Consumer Commission (ACCC) has alleged that between 2001 and 2006, Thai Airways International entered into arrangements or understandings with other international air cargo carriers in specific countries that had the purpose or effect of fixing the price of fuel surcharges and security surcharges.

Air China reports profit

: Latest News; Thursday, 29 October 2009

Air China has reported a Q3 net profit of 885.3 million yuan (US$130 million), up from a net loss of 1.97 billion yuan a year before.

US caves in to shipping

: Latest News; Thursday, 29 October 2009

The US government is tipped to exempt Great Lakes freight vessels from a proposed Environmental Protection Agency rule that aims to reduce sulfur emissions.

US antitrust ruling to be delayed?

: Latest News; Thursday, 29 October 2009

Nasdaq.com says differences between the US Department of Transportation and US Department of Justice are delaying the Transportation Department's antitrust immunity ruling on a proposed alliance between American Airlines, the UK’s British Airways and Spain's Iberia and that a decision may be pushed back until early 2010.

Continental joins Star

: Latest News; Thursday, 29 October 2009

USA carrier Continental Airlines has officially joined the Star Alliance and is out of rival marketing group SkyTeam, which is led by Delta Air Lines.