- Qantas told Jetstar to spread its wings[Jan. 11, 2006]
Qantas has told its low-cost offshoot to look for expansion opportunities that will require boosting its fleet beyond the 23 177-seat A320s it will have by June.
- United plans flat capacity through 2010[Jan. 11, 2006]
United Airlines will keep mainline capacity flat at 140.9 billion ASMs in each of the five years 2006-10 inclusive.RPMs also are expected to be flat. The carrier sees scheduled passenger RASM climbing from 9.32 cents per ASM to 10.26 cents over the forecast period. It provided the guidance in a filing with the US Securities and Exchange Commission Monday. It also sees nonfuel operating CASM for the mainline rising from 7.47 cents in 2005 to 8.29 cents in 2010.
- British Airways overhauls regional unit[Jan. 11, 2006]
Less than two months after he announced a 35% downsizing of British Airways' top management (ATWOnline, Dec. 1), CEO Willie Walsh yesterday presented an overhaul of BA's poorly performing regional operations.The changes begin with British Airways CitiExpress, which will be renamed BA Connect. The Club Europe brand no longer will feature on regional services to continental Europe. In line with competing LCCs, BA Connect will move to a single-class cabin and "buy-on-board" hot and cold catering. Fares will be reduced by more than 40% and there will be two ticket types: BA Connect, a nonrestricted and changeable ticket, and BA Connect Plus, a nonrestricted and changeable ticket with airport lounge access and instant seat selection at the time of booking.
- 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.