AMR pulls back on pensions
AMR Corporation, the parent of bankrupt American Airlines, has announced that it will only freeze three of the four employee pension plans — the ones for everybody except its pilots — instead of turni...
AMR Corporation, the parent of bankrupt American Airlines, has announced that it will only freeze three of the four employee pension plans — the ones for everybody except its pilots — instead of turni...
The International Association of Machinists and Aerospace Workers (IAMAW) that represents Air Canada’s 8,600 mechanics, baggage handlers and cargo agents, has served notice of a strike to start March ...
Ryan International Airlines, an airlift provider for the U.S. military, filed for Chapter 11 bankruptcy on Tuesday. The airline cited decreased government spending and the purchase of two aircraft pur...
United Continental Holdings consolidated traffic (revenue passenger miles) in February 2012 increased 3.4% and consolidated capacity (available seat miles) increased 5.4% versus February 2011 results....
Saudi Airlines Cargo is launching a twice-weekly 747-400 freighter service from Saigon, Vietnam from March 25. The move is part of the airline’s expansion into Asia. "Saigon is an emerging market. Wit...
Air France KLM Group has appointed Frederic Gagey as CFO of Air France, while existing CFO of Air France and KLM Philippe Calavia will be CFO of Air France-KLM Group. Erik Swelheim, currently SVP-corp...
MTU Maintenance Hannover won a five-year contract from Atlasjet airlines to continue to provide maintenance, repair and overhaul services for its V2500 engines, powering its Airbus A320 fleet. ...
BAE Systems Regional Aircraft is placing extra consignment stock of aircraft spares for the Avro RJ close to London City Airport for the duration of the London Olympic Games. ...
French newspaper La Tribune reports that Air France KLM intends to buy Alitalia next year in a share swap transaction. However, the airline group’s poor results (see top) shows a dire need for Air Fra...
Air France-KLM has reported a full-year loss with a warning that results for the current six months will show a further deterioration. The airline posted a net loss of €809m ($1.06bn) from a pro €289m...
The top ten US carriers, excluding American Airlines and its shirt-burning Chapter 11 entrance and $2bn loss, performed well in 2011with revenue on the main increasing by over 10% while fuel costs s...
The Director General of Foreign Trade yesterday allowed individual domestic airlines to directly import aviation turbine fuel (ATF) by issuing a formal notification to this effect. The notification ...
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