The EU Court of Justice has upheld the March 2012 decision of the EU Commission to fine a number of freight forwarding companies over cartel charges, dismissing an appeal lodged by companies located in Europe, Asia and the Far East. In a statement, the EU’s top court said: “The Court of Justice rejects all the
The EU Court of Justice has upheld the March 2012 decision of the EU Commission to fine a number of freight forwarding companies over cartel charges, dismissing an appeal lodged by companies located in Europe, Asia and the Far East. In a statement, the EU’s top court said: “The Court of Justice rejects all the
The Munich Airport operating company Flughafen München GmbH (FMG) has launched an Information Security Hub (ISH) on site, comprising a competence center for IT specialists who will also cooperate with experts with in the European aviation industry to develop specific strategies and new approaches to defend against cyber attacks and to fight cybercrime in general.
Munich Re, in collaboration with easyJet, has designed a comprehensive product that for the first time provides cover for airline flight cancellations. The policy provides financial protection against various large shock events that lead to business interruption losses in aviation. Examples of such events include volcanic ash clouds, severe winter storms, or the grounding of
In what is being spoken of as a surprise result, the United States International Trade Commission (ITC) has ruled against Boeing in its case brought against Canadian Bombardier’s CSeries and the sale of 75 jets to American carrier Delta Air Lines in 2016 at what was seen to be a ‘dumping’ price. The initial reaction
Mitsubishi Aircraft has confirmed that an order for 40 of its MRJ90 (Mitsubishi Regional Aircraft) jets has been canceled by U.S. carrier Eastern Air Lines. The order was originally placed back in July 2014. In 2017 Eastern Air Lines was acquired by rival carrier Swift Air (not to be confused with Spain’s Swiftair), with its
Having seen a tail-off in demand for flights to the U.S after the introduction of certain policies by President Donald Trump’s administration, the Dubai flag-carrying airline Emirates is looking to restore a number of flights to certain U.S. cities that had previously been canceled. Daily flights to five cities were reduced to five a week,
Having joined the low-cost carrier easyJet late in 2016 as its Chief Commercial Officer (CCO), current changes to the management structure will see the top marketing role become superfluous, with company CEO, Johan Lundgren, confirming it had been agreed that this was the “right time” for Peter Duffy to leave. Duffy’s remit when he joined
Despite the best efforts of British Airways’ owner, IAG, the purchase of Niki, the low-cost subsidiary of now defunct Air Berlin, has been secured by the airline’s founder, former F1 World Champion, Niki Lauda. Several weeks ago, IAG had been announced as the successful bidder for the bankrupt Austrian airline, though at the time, insolvency
Commenting at the Airline Economics Conference in Dublin on Monday, January 22, four of the major carriers, Delta Air Lines, American Airlines, United Airlines and Dubai-based Emirates, confirmed they will not be hedging fuel bills, despite a recent rise in the cost of oil. For the first time in three years, the global Trent benchmark
