- European Commission Unveils Proposal[Jul. 19, 2006]
The European Commission yesterday released its "Proposed Regulation of the European Parliament and the Council on Common Rules for Air Services in the European Union," which among other things will require airlines to include all extra charges and taxes in advertised airfares, including those published on carrier websites, beginning in December 2007.
- Brazil's Varig Faces Liquidation[Jul. 19, 2006]
After initially postponing a meeting at which they planned to review a $500 million bid from freight and logistics company VarigLog due to reported changes in the offer, Varig creditors late Monday decided to reject the bid, forcing the Sao Paulo stock exchange to suspend trading in Varig stock briefly after a rush to sell, according to press reports, and leaving Brazil's flag carrier on the cusp of liquidation.
- Press: SIA May Invest in China Eastern[Jul. 19, 2006]
Singapore Airlines (SIA) is conducting due diligence on China Eastern Airlines Corp Ltd a possible strategic investment in the Chinese carrier, the China Business News reported.
- Boeing Looks to Dreamliner Progress[Jul. 19, 2006]
Boeing is making solid progress on the 787 Dreamliner. Mike Bair, vice president and general manager of the program, today told reporters at the Farnborough Air Show.
- Press: Thai Airlines Mull Fare Hikes[Jul. 18, 2006]
Three low-cost airlines will meet next week to discuss a possible increase in fuel surcharges or ticket prices as a result of rising global oil prices, The Nation reported, quoting Thai AirAsia Chief Executive Tassapon Bijleveld.
- SAS Invests in Small Business Needs[Jul. 18, 2006]
Scandinavian Airlines (SAS) has invested six months in the research and development of the SAS Guide to Managing Business Travel.
- Jordan Booms as People Flee Lebanon[Jul. 18, 2006]
Hotel occupancy rates in Jordan have increased in recent days as many people fled Lebanon since the start of Israel-Hizbollah conflicts early Wednesday, the Jordan Times reported on Tuesday.
- Airport Novel Ideas Writes a Professor[Jul. 19, 2006]
It's 3am and I'm at Inchon airport, South Korea. The place is packed with people arriving from everywhere in the world. After 14 hours in the air I'm trying to find an airline representative for a hotel voucher.
- American Express Business Plan on Track[Jul. 18, 2006]
American Express Business Travel has shared that it has signed more than $1.5 billion in new sales and renewals from North America headquartered clients. The company says its 2006 business plan for North America is on track. (7/18/2006)
- Finnair Reaches the Deal with Airbus[Jul. 18, 2006]
Finnair said it has negotiated a compensation package with Airbus to cover the delays in the introduction of the A350, a revamped version of which was unveiled yesterday at the Farnborough Airshow (see today's show report above).Terms of the compensation deal were not disclosed. Finnair originally planned to take the first of nine firm A350s in the spring of 2012. That has been pushed back to 2013.