29 January 2008

Northwest Airlines reports fourth quarter net loss of $8 million

Northwest Airlines reported a 2007 pre-tax profit of $764 million before reorganization items, a 154 percent improvement over its 2006 pre-tax income of $301 million before reorganization items. For the fourth quarter 2007, Northwest reported a net loss of $8 million. Results for the fourth quarter include a $14 million pre-tax loss associated with the […]

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TUI Travel plans to merge Germanwings, Eurowings and TUIfly

TUI Travel PLC has signed a Memorandum of Understanding with Deutsche Lufthansa AG and Albrecht Knauf Industriebeteiligung GmbH, allowing the parties to proceed with plans to merge their subsidiaries Hapag-Lloyd Fluggesellschaft GmbH, Hapag-Lloyd Express GmbH, Germanwings GmbH and Eurowings Luftverkehrs AG under a joint and independent holding company. The prerequisites for the conclusion of legally

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Continental Airlines to offer live television and e-mail on domestic flights

Continental Airlines has entered into an agreement with LiveTV, that will allow Continental to offer 36 channels of live, inflight satellite-based television programming provided by DIRECTV, the nation’s leading satellite television provider, at every seat on Continental’s new generation aircraft. The service is expected to be available to customers on flights operating within the continental

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Rolls-Royce increases Middle East order book with engine order from Oman

Rolls-Royce increased its growing presence in the Middle East with orders from Oman Air for Trent 700s. Oman Air, the national airline of the Sultanate of Oman, has selected Trent 700 engines to power its new fleet of five purchased and two new leased Airbus A330 aircraft. The value of the business, including a TotalCare

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