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A leading airline association in Paris said airline losses in 2009 would reach $11 billion with customer demand for flights slack. The International Air Transport Association, which represents 230 airlines, increased the loss forecast from June by $2...
Tags: International Air Transport Association, Giovanni Bisignani, airline industry, trade group, global airline, Airlines, France, Paris
Delta said it still expects to lose money in the first quarter but report a profit for the full year. The Atlanta-based airline this month also announced plans to reduce its international flight capacity by another 10 percent starting in September, mainly...
Leading industry consultant Chris Tarry said the worldwide cuts, led by US carriers including Continental and American Airlines, will be followed by further reductions next year as airlines pay the price for expanding their fleets by nearly 1,700 aircraft...
Tags: global airline
Mr Dixon today also disagreed with claims that Air New Zealand was too small to be a takeover target, but added that this didn't imply that Qantas was interested in buying the kiwi carrier. Just days after announcing 1500 job cuts at Qantas, Mr Dixon...
Tags: Qantas Airways, Mr Dixon, Geoff Dixon, aviation world, world order, aviation industry, qantas chief, global airline, higher fuel, fuel prices