United

Alitalia rescue – the details

Latest News
Thursday, 02 October 2008

The concessions offered by the rescue consortium for beleaguered Italian carrier Alitalia include a commitment by the company to consider 1000 temporary Alitalia workers for seasonal jobs and other positions during the first three months of operations and a pledge not to cut the salaries of pilots and cabin crew by more than seven per cent.

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Aerolineas sale drags on

Latest News
Thursday, 02 October 2008

In Argentina, Congress has decided that it must approve the purchase price of Aerolineas Argentinas before the country can re-nationalise the airline, which is burdened by US$890m debts.  The Spanish owner, Marsans, agreed to sell Aerolineas in July at a price to be set ‘with the government’.

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TAP reports loss

Latest News
Thursday, 02 October 2008

Portugal's government has said it might part-privatise flag carrier TAP after the airline posted a fuel cost-influenced net loss of EUR133 million (US$188 million) for the first eight months of this year after a profit a year earlier.

Read more ...

Rate fixing: Packer to go to jail

Latest News
Wednesday, 01 October 2008

A British citizen and former executive of British Airways World Cargo (BAWC) has agreed to plead guilty, serve eight months in jail and pay a criminal fine for participating in a conspiracy to fix rates for international air cargo shipments, says the US Department of Justice.

Read more ...

HACTL
Cathay Cargo
United

Alitalia rescue – the details

Latest News
Thursday, 02 October 2008

The concessions offered by the rescue consortium for beleaguered Italian carrier Alitalia include a commitment by the company to consider 1000 temporary Alitalia workers for seasonal jobs and other positions during the first three months of operations and a pledge not to cut the salaries of pilots and cabin crew by more than seven per cent.

Read more ...

Aerolineas sale drags on

Latest News
Thursday, 02 October 2008

In Argentina, Congress has decided that it must approve the purchase price of Aerolineas Argentinas before the country can re-nationalise the airline, which is burdened by US$890m debts.  The Spanish owner, Marsans, agreed to sell Aerolineas in July at a price to be set ‘with the government’.

Read more ...

TAP reports loss

Latest News
Thursday, 02 October 2008

Portugal's government has said it might part-privatise flag carrier TAP after the airline posted a fuel cost-influenced net loss of EUR133 million (US$188 million) for the first eight months of this year after a profit a year earlier.

Read more ...

Rate fixing: Packer to go to jail

Latest News
Wednesday, 01 October 2008

A British citizen and former executive of British Airways World Cargo (BAWC) has agreed to plead guilty, serve eight months in jail and pay a criminal fine for participating in a conspiracy to fix rates for international air cargo shipments, says the US Department of Justice.

Read more ...

HACTL
Cathay Cargo
HACTL
Cathay Cargo