Airline News Stories

American May Face Maintenance Penalty - Report

February 9, 2010

American Airlines may be hit by a civil penalty for serious maintenance lapses, the Wall Street Journal said, citing government and industry officials familiar with the details.
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SAS In SEK5 Bln Rights Issue, Seeks Further Savings

February 9, 2010

SAS called on investors to pour SEK5 billion Swedish kronor (USD$672 million) into the airline as it deepens a cost-cutting drive after posting a worse-than-expected quarterly loss.
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Jet Air In Cargo JV Talks With Fedex - Report

February 9, 2010

Jet Airways, India's largest private carrier, is in initial talks with FedEx to launch a dedicated cargo airline, the Mint newspaper reported on Tuesday, citing sources.
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JAL To Stay With American In Blow To Delta

February 9, 2010

Japan Airlines said it would keep its partnership with American Airlines in the Oneworld alliance, ending Delta Air Lines' attempt to entice the bankrupt carrier to its rival SkyTeam group.
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LAN January Passenger, Cargo Traffic Up

February 8, 2010

Chilean carrier LAN, one of Latin America's biggest air carriers, said on Monday its passenger traffic rose 17.6 percent in January, compared with the same month a year earlier.
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Air France-KLM January Traffic Down, Cargo Up

February 8, 2010

Passenger traffic at Air France-KLM fell 1.6 percent in January but there were fewer spare seats as reductions in capacity continued to cut deeper than the fall in bookings, the Franco-Dutch airline group said on Monday.
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Crashed Ethiopian Jet's Data Recorders Recovered

February 7, 2010

Search teams retrieved the flight recorders belonging to an Ethiopian Airlines plane that crashed off the coast of Lebanon last month killing all 90 people on board, a Lebanese security official said on Sunday.
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JAL To Stay With Oneworld, End Delta Talks - Report

February 7, 2010

Japan Airlines will keep its partnership with American Airlines in the Oneworld alliance and end talks with Delta Air Lines and the rival SkyTeam group, the Asahi newspaper reported.
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Chile President-Elect Pinera OKs LAN Stake Sale

February 5, 2010

Chile's President-elect Sebastian Pinera on Friday approved the sale of his majority stake in flagship airline LAN, worth an estimated USD$1.5 billion.
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Kenya Airways Cargo Volume Up 9 Pct Oct-Dec

February 5, 2010

Kenya Airways said on Friday its cargo business grew by 9 percent and the number of passengers flown within Africa rose by a similar margin in the third quarter of its financial year.
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British Airways Posts Surprise Q3 Profit

February 5, 2010

British Airways posted a surprise third-quarter operating profit, reflecting the impact of deep cost cuts and capacity reductions, and said it had adapted to industry changes caused by the global recession.
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Airbus To Sell 6 A330-200s To Hong Kong Air

February 4, 2010

Airbus said on Thursday that it had signed a memorandum of understanding to sell six Airbus A330-200 aircraft to Hong Kong Airlines.
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Bahrain Moves Gulf Air Ownership To Govt

February 4, 2010

Bahrain's sovereign wealth fund Mumtalakat said on Thursday it would transfer ownership of the country's loss-making national carrier Gulf Air to the Bahraini government.
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Turkish Airlines To Buy 20 737s From Boeing

February 4, 2010

Turkish Airlines, which aims to carry 20 percent more passengers in 2010, said on Thursday it would buy 20 planes from Boeing as it expands its fleet.
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Mexicana Sees Passenger Numbers Up 8 Pct In 2010

February 3, 2010

Grupo Mexicana, the holding company of one of Mexico's leading airlines, said on Wednesday it expects passenger traffic to rise 8 percent this year from 2009, with a more visible recovery from July.
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