Flag carrier

March 3, 2014 - 3:30pm

Etihad Airways appears close to making a final decision as to whether or not to buy an equity stake in Alitalia. Speaking during a March 3 conference call about the Abu Dhabi-based airline’s latest quarterly financial results, CEO James Hogan confirmed that Etihad has entered the final stage of due diligence in evaluating the struggling Italian flagcarrier. 

December 9, 2013 - 12:05pm

Talks between Cambodian telecommunications, banking and property tycoon Kith Meng and Philippine Airlines (PAL) over a new Cambodian flag carrier called Cambodia Air have intensified following their failure to realize plans to close on a deal on October 15.

On April 25, PAL’s board agreed to acquire a 49-percent stake in Cambodia Air, now solely owned by Meng’s company, Inter Logistics (ILC).

November 15, 2013 - 1:30pm
Experts say African airlines such as Ethiopian Airlines (below), currently the most profitable among the four best-performing national carriers–the other three being Kenya Airways (above), Egyptair and South African Airlines–need to cooperate more on business strategy if they are stop losing market share to European, Middle Eastern and even U.S. carriers.

Africa’s airlines need to wake up to competition from outside the continent, form alliances that allow players both big and small to interact for the greater good, and realize that governments are often no longer interested in protecting domestic carriers (as they see economy-boosting tourist arrivals as a more important priority), according to Nick Fadugba, CEO of African Aviation Services.

August 1, 2013 - 4:49pm

Etihad Airways will take a 49-percent stake in Serbian national airline JatAirways under the terms of a deal with the government of Serbia announced Thursday that includes the award of a five-year management contract to Etihad. The deal also calls for Abu Dhabi-based Etihad to match a $40 million capital injection in the airline by the Serbian government with a loan facility that would convert into equity on January 1 of next year.

September 1, 2012 - 12:35am

Are U.S. aviation safety ratings of foreign countries meaningless?

July 3, 2012 - 5:20am

Russia’s action against Finland’s national carrier, Finnair, significantly raises the stakes in the standoff between the European Union (EU) and opponents of its emissions trading scheme (ETS). The European Commission (EC) protested the move, saying that Russia is now in breach of its obligations as a new member of the World Trade Organization.

May 4, 2012 - 1:25am
Henrik Hololei, assistant to EC vice president and commissioner for transport Siim Kallas.

Europe’s regional airlines continue to struggle against European Commission (EC) bureaucrats who do not appreciate their value or the problems poor legislation and punitive taxation cause, or that they enable European economic prosperity. This was the central message from the “Regions at Risk” conference held by the European Regions Airline Association (ERA) in Porto, Portugal on April 18 and 19.

January 12, 2012 - 9:24pm
Lufthansa Airbus A320-200

Numerous U.S. and international airlines added fare surcharges to certain flights in the first half of January, apparently reacting to the European emissions trading scheme (ETS) that took effect on January 1.

August 28, 2011 - 1:50pm

To the European Regions Airline Association, the last 36 months have proved the most challenging period the industry at large has ever faced, leaving ERA general director Mike Ambrose and his team laser focused on sending a clear message that the association’s members can no longer accept the status quo in Brussels.

March 25, 2011 - 10:45am
Loss of business has hit All Nippon Airways and Japan Air Lines hard followin...

Airlines are starting to count the financial cost of the earthquake and tsunami that devastated large areas of northeastern Japan on March 11. The International Air Transport Association has warned of a “major slowdown” for airlines operating in the Japanese market and says that this is unlikely to recover before the second half of 2011.

 
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