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Air One Adds United States To Routes
May 16, 2008
Italian airline Air One will launch new flights from Milan to Boston and Chicago in June and is also considering services to other US cities including New York, Washington and Miami.
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United In Alliance Talks With Continental
May 16, 2008
United Airlines has begun talks with Continental Airlines for a possible alliance even as its merger talks with US Airways continue to advance, sources briefed on the matter said.
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FAA Studying American's Lightning Checks Procedure - Report
May 16, 2008
US aviation officials are examining why American Airlines asked mechanics to start skipping some safety checks to detect damage to planes from suspected lightning strikes, the Wall Street Journal said on Friday, citing internal company and agency documents.
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British Airways Warns Of Turbulent Year
May 16, 2008
British Airways raised hopes it can manage a turbulent year ahead by paying its first dividend since 2001 and lifting profits 45 percent as it said fuel costs are set to rise GBP1 billion pounds (USD$2 billion).
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Small US Regional Airlines Face Cash Crunch
May 15, 2008
Cracks in the US airline industry are widening, pushing smaller regional air carriers such as Mesa Air to the brink of bankruptcy.
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China Eastern Says Singapore Air Deal Very Likely
May 15, 2008
China Eastern Airlines is still in talks to sell a stake to Singapore Airlines and it is very likely the two carriers will complete a deal, China Eastern Chairman Li Fenghua said on Thursday.
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EU, US Begin New 'Open Skies' Aviation Talks
May 15, 2008
The European Union and the United States launched talks on Thursday on liberalizing transatlantic aviation, with Britain pushing for greater freedoms but US politicians likely to oppose further movement.
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Air Canada Cuts Back Its Fuel Surcharges
May 15, 2008
Air Canada has eased off a bit on fuel surcharges for flights in Canada and the United States after its main competitor announced smaller extra fees to cope with high jet fuel prices.
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Vueling Loss Swells In Q1, Hopes For 2009 Profit
May 15, 2008
Spanish low-cost airline Vueling reported a higher first-quarter loss on Thursday as it battled with record oil prices, but said it hoped to book a profit in 2009.
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United's Tilton To Give Parker A Shot At Top Job - Report
May 15, 2008
United Airlines' chief executive Glenn Tilton has offered to make US Airways CEO Doug Parker a top candidate to succeed him if the airlines agree to merge, the Financial Times said on Thursday, citing people familiar with the matter.
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Singapore Air Seeks Bids For Virgin Atlantic Stake
May 15, 2008
Singapore Airlines on Wednesday invited offers for its 49 percent stake in Richard Branson's trans-Atlantic airline Virgin Atlantic because the nine-year old investment was giving it poor returns.
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Thai Airways To Buy Rolls Royce Engines For A380
May 15, 2008
Thai Airways International plans to spend more than USD$500 million to purchase Rolls-Royce engines for its six Airbus A380 passenger planes.
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Air France Unions Call For May 22 Strike
May 15, 2008
French unions have called for a strike by Air France-KLM staff on May 22 to support national protests planned against proposed pension system reforms, one of France's leading unions said.
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US April Jet Fuel Demand Lowest In 5 Years
May 15, 2008
US jet fuel demand in April fell to the lowest level for the month in five years, after three small airlines ceased operations and thousands of flights at other carriers were canceled for safety reasons, the American Petroleum Institute said.
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Delta Pilots OK Modified Contract
May 15, 2008
Delta Air Lines said on Wednesday the Air Line Pilots Association (ALPA) has informed the company that Delta pilots have approved a modification to their current contract.
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Mesa Air To Sell Shares To Repurchase Debt
May 15, 2008
Struggling regional airline Mesa Air said on Wednesday its shareholders approved a plan to issue as many shares as necessary to buy back all the company's senior convertible bonds, due in 2023.
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US Proposes Global Airline Ownership Plan
May 13, 2008
The United States on Tuesday proposed a deal to sweep away a global "spider's web" of airline ownership rules, taking the EU by surprise as it seeks a transatlantic deal for its airlines to buy their US rivals.
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ATA Forecasts 2.7 Mln Fewer Summer Passengers
May 13, 2008
About 2.7 million fewer passengers will travel with major US airlines this summer due partly to high fuel prices, a weakening economy and capacity cuts, the Air Transport Association of America (ATA) said on Tuesday.
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Northwest Exec Cohen To Leave Next Month
May 13, 2008
Northwest Airlines said on Tuesday Neal Cohen, its executive in charge of strategy and international operations and the chief of its regional airline unit, will leave the company on June 16.
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Alitalia Posts Q1, Warns On Future
May 13, 2008
Ailing Italian carrier Alitalia on Tuesday reported its first-quarter loss widened and said it could not sustain the impact of high oil prices and uncertainty over its fate for much longer.
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