Airline Market News
Air France-KLM faces €500 million price-fixing claim
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 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.
Airline Insolvency: Survey results reveal protection is expected
A new survey conducted by Ipsos Mori revealed that only a small volume of air passengers think of airline insolvency when booking a ticket.
Airbus: A320 family aircraft have operated 50 million flights
Airbus said A320 family aircraft recently passed the 50-million-flight milestone and have carried 5 billion passengers since entering commercial service in 1988.
Air Malta ‘a customer-focused airline’
Air Malta has celebrated being named one of the leading short-haul carriers flying out of the UK and claimed that the achievement is evidence that it is a ‘customer-focused airline’.
Global aviation given clean bill of health
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
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
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
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 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 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.
Jet Airways launches Jetescapes for International Travellers
Jet Airways, India’s premier airline today launched its exclusive holiday product – JetEscapes for the discerning international traveller.