Air Malta and ALPA sign new collective agreement
Air Malta and the ALPA (Airline Pilots Associations
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Phased pay increase for Lufthansa pilots
Lufthansa and the Vereinigung Cockpit pilots
Phased pay increase for Lufthansa pilots Read More »
JetBlue announces 2007 annual profit
JetBlue Airways Corporation reported its results for the fourth quarter and full year 2007. Net loss for the quarter was $4 million com-pared with fourth quarter 2006 net income of $17 million. For the full year 2007, net income totaled $18 million compared with a net loss of $1 million for the full year 2006.
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AirTran Holdings reports 2007 net profit of $52.7 million
AirTran Holding reported net income of $52.7 million for the full year 2007 and for the fourth quarter AirTran reported a net loss of $2.2 million. For the full year and fourth quarter of 2006, AirTran reported net income of $14.7 million and a $3.6 million loss respectively.
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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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Teamsters back out of FedEx home delivery election
The Teamsters voluntarily canceled an organizing election scheduled for February 1, 2008 at the FedEx Home Delivery facility in Worcester, Massachusetts. The withdrawal signals a defeat for the union, which was seeking to organize FedEx owner operators in Worcester. This is the Teamsters
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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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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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MatlinPatterson signs for six A330-200F
MatlinPatterson Global Advisers LLC, the US investment fund, through an affiliate, has signed a firm contract for six A330-200 Freighter aircraft. The company intends for the aircraft to be used by certain of its airline portfolio companies, such as Varig Logistica in Brazil and Global Aero Logistics in the USA. With this agreement the two
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ST Aerospace renames SAS Component to ST Aerospace Solutions
Singapore Technologies Aerospace Ltd (ST Aerospace) has renamed its European component repair facility, SAS Component A/S. The company is now known as ST Aerospace Solutions (Europe) A/S.
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