- Jagson airline reveals great ambition[Jan. 10, 2006]
Small Indian carrier Jagson Airlines is seeking to become a national operator and plans to add Airbus A320-family aircraft to its fleet of turboprops.
- EasyJet fairly flying with shares[Jan. 10, 2006]
Shares in low-cost airline easy Jet took off yesterday are adding more than ?100million to its value.
- Talks save Air NZ engineers' jobs[Jan. 10, 2006]
Negotiations are resuming between Air New Zealand and unions over the future of the airline's engineers.
- Air France KLM traffic up 11.9% in DEC[Jan. 10, 2006]
Air France KLM passenger traffic, as measured by revenue per passenger kilometre, rose 11.9 percent in December, the Franco-Dutch airline group said on Monday.
- EasyJet's December traffic up 11.1 percent[Jan. 10, 2006]
European budget airline easyJet said on Monday it carried 2.37 million passengers in December, up 11.1 percent from a year earlier.
- United: $3billion loan to leave Chapter11[Jan. 10, 2006]
United Airlines parent UAL Corp. remains on course to leave bankruptcy in early February after the company announced the launch of its oversubscribed exit financing loan for up to $3 billion.The six-year loan consists of a $300 million revolving credit facility and an up-to-$2.7 billion term loan, both priced at LIBOR plus 450 basis points. It is secured by "substantially all available assets."
- American Air executives to get payouts[Jan. 08, 2006]
About 1,000 American Airlines executives are set to receive payouts because of the rise in share price of parent AMR Corp, the company said on Friday.
- Some FLYi employees got golden parachute[Jan. 08, 2006]
FLYi, parent of Independence Air, grounded its fleet Jan. 5 following its last flight, an A319 from Tampa that landed at Washington Dulles.Some 2,700 workers were left unemployed by the shutdown. The low-fare carrier, formerly known as Atlantic Coast Airlines, made the decision Jan. 2 to cease operating after failing to gain financial support from outside investors.
- Airbus and Boeing race goes to the wire[Jan. 05, 2006]
Boeing has had its most successful year ever in 2005 in terms of orders, but Airbus could still beat its rival later this month if it firms a series of crucial commitments.
- US Northwest lays plans for regional ops[Jan. 06, 2006]
Northwest Airlines plans to establish a separate unit that will fly new, regional jets to smaller cities that it currently serves as soon as 2007, according to a company newsletter.