Airline

November 26, 2007 - 12:53pm

Short of cash after a financially strenuous year marked by a strong rise in fuel prices, the Austrian regional AirAlps has relinquished its exclusive code- sharing agreement with KLM and found new investors in Northern Italy.

November 26, 2007 - 12:34pm

The management of Swiss regional airline Swisswings (formerly Air Engiadina) has announced the successful completion of a refinancing program that provided SFr8 million ($5 million) in fresh capital before the subscription deadline of Aug. 30, 2001. The company previously reduced share capital by 60 percent to liquidate accumulated debt.

November 26, 2007 - 12:12pm

The economic doldrums have begun to markedly slow the phenomenal growth European regional carriers have enjoyed in recent years.

November 26, 2007 - 12:08pm

Aegean Airlines chief operating officer Antonis Simigdalas has to rummage among framed certificates stacked by his desk to find the Greek regional’s independent air-carrier licence (ACL), the first issued in Greece. A man in a hurry, the airline executive has had no time to mount the document on his Athens office wall.

November 26, 2007 - 12:04pm

As the tragic events of September 11 unfolded in New York City and Washington, D.C., the potential effect on the regional airline industry’s bottom line paled in significance to the loss of life and the implications to global peace. But as the days wore on and the initial shock of the tragedy subsided, the recognition of the profound changes in store for the entire air transport business became painfully apparent.

November 26, 2007 - 7:08am

The first four years of the 2000s have been a trial for aviation. While the decade got off to a heady start in 2000 with the high times of the late-1990s boom still going strong, by the spring of 2001 the industry’s fortunes were taking a southerly course.

November 12, 2007 - 5:31am

Over the last five years, no other region in the world has seen air travel, as measured by revenue-passenger kilometers and cargo traffic, grow faster than the Middle East, which has experienced an average growth rate of 12 percent. Boeing forecasts the future passenger traffic growth rate of the region to be 5.2 percent through 2026.

November 11, 2007 - 7:17pm

Both local and Western companies are enjoying a strong market for maintenance, repair and overhaul (MRO) services in the Middle East, due to increased airline activity and military aircraft fleets.

November 11, 2007 - 6:49pm

Over the last five years, no other region in the world has seen air travel, as measured by revenue-passenger kilometers and cargo traffic, grow faster than the Middle East, which has experienced an average growth rate of 12 percent. Boeing forecasts the future passenger traffic growth rate of the region to be 5.2 percent through 2026.

November 6, 2007 - 7:04am

Thales Aerospace hopes a proactive approach to customer services will help it both win repeat business for its avionics and in-flight entertainment (IFE) systems and sustain the investment needed to develop new products.

 
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