ACE Aviation Holdings has sold 31 million shares of Air Canada and 2.5 million warrants to purchase Air Canada shares at exercise prices of $1.51 (1.25 million warrants) and $1.44 (1.25 million warra...
Lufthansa has agreed to increase cabin crew pay by 3.5% over a two-year period from January. Trade union UFO had insisted on a 5% increase, which was countered by a 3.5% offer from Lufthansa. The pay ...
Siptu shop stewards and representatives at Aer Lingus are meeting to discuss ways to avert industrial action on Monday. The talks revolve around possible solutions to resolving €748 million deficit at...
Firstly keep an eye on Airbus production rates as Alcoa is once again hit by strikes and. Iberia is losing $1,600 per minute, SAS is in serious trouble, Air France is slashing costs, LOT is a worry an...
UN aviation body ICAO will recommend creating a cyber security task force at a meeting next week in Canada. A task force is needed due to an increasing reliance on interconnected IT systems with opera...
Well we all knew that they had little choice but to cave-in and here we are; Connie Hedegaard, the EU’s climate commissioner has announced that the European Union Emissions Trading Scheme (EU ETS) has...
The European Commission has stated that it welcomed the progress made by the UN's International Civil Aviation Organization (ICAO) towards developing a global solution to cut carbon emissions rather t...
The Polish treasury minister Rafal Baniak has indicated to local media that the sale of LOT Polish Airlines could take as long as late 2014. Baniak said the “LOT privatization process has not been sus...
UK regional carrier Eastern Airlines has complained that compliance with European Union’s Emissions Trading Scheme (ETS) for precise fuel usage recording is too complex. The airline claims that collec...
Although many routes flown by bmibaby that have now closed have been taken over by other airlines, eight routes are not being served. They are: Newquay, Toulouse, Alghero in Sardinia, Malta, Gibralta,...
Flag carrier, Swiss International Air Lines, is planning to cut up to 100 jobs in Switzerland as part of parent company Lufthansa's cost-cutting measures. Lufthansa stated in its third-quarter result...
TAP Portugal has posted a third-quarter net profit of €102.3 million, which is a rise of 21% over the same period last year. “The fact that more than two-thirds of our revenues are generated abroad, a...
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