Airline Market News

Air France-KLM faces €500 million price-fixing claim

Air France-KLM faces €500 million price-fixing claim

30th Sep 2010 Airline News

Air France-KLM could be hit with claims of up to €500 million by hundreds of European companies, led by Ericsson and Philips, over alleged cargo price-fixing. The claim is being filled in a Dutch court today and represents the largest ever in Europe for damages resulting from cartel behaviour.

Air France-KLM eyes new low-cost carrier

Air France-KLM eyes new low-cost carrier

3rd Sep 2010 Airline News

Air France-KLM could launch a “low-cost” domestic carrier in a bid to win back market share in France from budget rivals. Dubbed “Air France Express”, the pan-European carrier could start service as early as next year from a series of bases across southern France.

Global aviation given clean bill of health

Global aviation given clean bill of health

7th Jun 2010 Airline News

The global aviation industry is recovering at a much faster rate than previously expected due to a sharp recovery in passenger numbers and cargo. However European airlines are missing out on the recovery due to the impact of April’s volcanic eruption in Iceland and industrial disputes, IATA announced on the first day of its 2010 AGM.

Support African Airlines urges development expert

Support African Airlines urges development expert

27th May 2010 Press Release Airline News

Africa’s airline systems were branded “colonial and cold war remnants” stunting the continent’s progress by a development specialist who called on African governments to urge international donors to actively support Africa’s airline industry.

US authorities provisionally approve oneworld transatlantic tie-up

US authorities provisionally approve oneworld transatlantic tie-up

15th Feb 2010 Airline News

The American Department of Transport (DOT) has issued a tentative decision approving antitrust immunity for American Airlines and its oneworld partners, allowing the formation a global alliance. If granted final approval, the decision will allow the oneworld Alliance to join Star and SkyTeam – both of which have operated with antitrust immunity in the USA for some time – in the North American market.

Elia breaks silence over Globespan collapse

Elia breaks silence over Globespan collapse

24th Dec 2009 Travel Technology News

Elias Elia, the owner of E-Clear, the online transactions company linked to the collapse of the Globespan airline, has broken his silence over his company’s position, saying that his firm was not responsible for the airline’s collapse, and that he was getting on “extremely well” with administrators.

All Nippon Airways, Continental, and United Apply to U.S. DOT for Approval

All Nippon Airways, Continental, and United Apply to U.S. DOT for Approval

24th Dec 2009 Press Release Airline News

All Nippon Airways, Continental Airlines (NYSE: CAL), and United Airlines (NASDAQ: UAUA) today filed an application with the U.S. Department of Transportation for antitrust immunity to enable the three carriers to create a more efficient and comprehensive trans-Pacific network, generating substantial service and pricing benefits for consumers.

United, Continental and ANA seek trans-Pacific tie-up

United, Continental and ANA seek trans-Pacific tie-up

24th Dec 2009 Airline News

United, Continental and All Nippon Airways are seeking a three-way tie-up which will enable them to co-ordinate schedules and fares between the US and Japan in a bid to “compete more effectively” with other global airline alliances. The application comes less than a fortnight after an “open skies” agreement between the US and Japan.