After failed consultations with Canada over what was considered to be US$3.0 billion of unfair subsidies provided to Canadian plane and train manufacturer Bombardier, an approach will be made to the World Trade Organization by the Brazilian government to establish a dispute settlement panel. Brazil has estimated that US$3.00 billion has been provided to Bombardier
As of January 2018, all Royal Schiphol Group’s business units will use only sustainable energy generated in the Netherlands after the Dutch company struck a 15-year deal with Rotterdam-based energy provider, Eneco. The deal is for the provision of 200GWh of green energy every year for 15 years. The intention is for all energy used
After posting a series of annual losses, including €780 million in 2016, Air Berlin, Germany’s second-largest carrier by passenger numbers, has filed for bankruptcy protection after Gulf carrier Etihad Airways, a 30% stakeholder in the company, withdrew any further financial support. Air Berlin has been granted a €150 million bridging loan to enable it to
It has been announced by the Qatar Ministry of Interior, Qatar Tourism Authority and Qatar Airways that, with immediate effect, citizens from 80 countries will now be allowed visa-free entry into Qatar. No longer will entry visas have to be paid for and, instead, multi-entry waivers will be issued free of charge at the point
ExpressJet is to close down its Atlanta, Georgia operations, which will likely include its CRJ maintenance facility. The regional carrier is also headquartered and has its OCC at Atlanta Airport as well. This will mean the end of flights for Delta Connection. As a consequence, there will be a number of changes at ExpressJet, including:
HNA Group Co., (HNA), the Chinese conglomerate headquartered in Haikou, Hainan, China has continued with its European expansion program with the acquisition of an 82.5% stake in Frankfurt-Hahn Airport at a cost of US$15.8 million. The successful bid was made back in March this year and received European regulatory approval. The stake was owned by
As part of the rebuilding and conversion of New York’s LaGuardia Airport into a 21st-century airport, Delta has broken ground on its new US$4bn 37-gate facility. The company will be investing US$3.4bn, this is the largest private investment in a public asset in New York State. Delta has already invested over US$2bn in New York
Unite, the union representing British Airways ‘mixed fleet’ cabin crew, has indicated that the current strike, scheduled to run between August 1 and August 15, will be extended with a new strike beginning on August 16 and which will end on August 30. The ‘mixed fleet’ crew represents approximately 15% of BA’s cabin crew. The
The International Air Transport Association (IATA) has released data that shows demand in freight ton kilometers (FTKs) from international freight markets grew by 10.4% in the first six months of 2017 when compared to the same period in 2016. This figure represents the best first half-year performance since air cargo bounced back in 2010 after
Qatar Airways has announced its decision not to proceed with the acquisition of a 10% stake in American Airlines, “taking into account the latest public disclosure” of the airline. A spokeswoman for the public relations firm representing the American carrier in the U.S. said it would not elaborate on what was being referred to as
