The world’s three leading airline alliances have signaled their unwillingness to relocate from London Heathrow Airport in the event that a government-appointed commission proposes the development of a second hub airport for the UK capital.
AIN Air Transport Perspective » August 19, 2013
The U.S. Justice Department pointed to what most in the airline industry would consider fairly innocuous comments by US Airways executives as evidence of how consolidation has harmed the flying public by resulting in higher airfares and reduced service.
It specifically cited US Airways president Scott Kirby’s remarks that consolidation has allowed for “three successful fare increases.”
FedEx Express awaits the result of Supreme Court proceedings in the Philippines that could determine its ability to fly freight within the archipelago.
The death knell for India’s Kingfisher Airlines sounded as lender banks took possession of the airline’s 25,850-sq-ft headquarters property in Mumbai on August 10. Carrying some $1 billion in outstanding debt, liquor tsar Vijay Mallya and his United Breweries Group have seen wholly owned Kingfisher accumulate $2.6 billion in losses since its launch in 2005. Most recently, it registered a loss of $188 million for the quarter running from April to June.
Rockwell Collins’s planned acquisition of airborne communications provider Arinc positions it to benefit both on the ground and in the air from the increasing “digitization” of airline communications. The future paradigm for ATC calls for replacing voice communications between pilots and controllers with digital data messaging, and Arinc’s ground infrastructure provides one of two major pipes for routing those messages.
AIN Air Transport Perspective is AIN’s e-newsletter focused on the air transport industry. It is distributed once a week and is FREE to all subscribers. Simply fill out the subscription form, which is accessed by clicking on the button below. You can also use this button to update your current account information.