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Air-Bag Accidents Lead To Extra Boeing Safety Measures

December 21, 2014

Workers at Boeing's Everett plant near Seattle are following extra safety measures after three air bag-related accidents, including the death of a technician last month.
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Air-Bag Accidents Lead To Extra Boeing Safety Measures

China's Fosun Raises Offer For Club Med

December 19, 2014

Chinese billionaire Guo Guangchang sweetened his bid for struggling Club Méditerranée at the last minute on Friday, trumping a EUR€24-a-share offer from Italian tycoon Andrea Bonomi.
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China's Fosun Raises Offer For Club Med

Air France-KLM 777 Deferral Raises Concern

December 19, 2014

Boeing faces a potentially larger gap in production of the 777 after Air France-KLM said it plans to defer delivery of 10 777s following its third profit warning in six months.
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Air France-KLM 777 Deferral Raises Concern

China Jails Captain For Deadly Plane Crash

December 19, 2014

A Chinese court has jailed for three years the captain of a plane that crashed four years ago killing 44 people after finding him guilty of negligence, state media reported.
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TAM Planning USD$4.1 Bln Fleet Investment

December 19, 2014

Latam Airlines' Brazilian carrier TAM plans to spend BRR11 billion reais (USD$4.13 billion) on the purchase of 50 new aircraft, executives said.
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TAM Planning USD$4.1 Bln Fleet Investment

Pratt & Whitney A320neo Engine Gets Certification

December 19, 2014

Pratt & Whitney's geared turbofan engine for the Airbus A320neo family of aircraft has received certification from the US Federal Aviation Administration.
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Pratt & Whitney A320neo Engine Gets Certification

SpiceJet Rescue Plan A Bold Bet On Indian Aviation

December 19, 2014

The co-founder of India's SpiceJet is leading a USD$240 million rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry plagued by high costs and heavy losses.
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SpiceJet Rescue Plan A Bold Bet On Indian Aviation

Lufthansa Rejects Pilots' Demand For Mediation

December 19, 2014

Lufthansa has rejected demands by pilots to discuss via mediation its plans to expand its low-cost operations, a decision that could lead to further strikes.
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Lufthansa Rejects Pilots' Demand For Mediation

SIA, Tata's Vistara To Start Flying January 9

December 19, 2014

Singapore Airlines' Indian joint venture with the Tata conglomerate, Vistara, will start flying from January 9, the airlines said.
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SIA, Tata's Vistara To Start Flying January 9

Hawaiian Confirms Airbus A330neo Order

December 19, 2014

Hawaiian Airlines has confirmed an order for six Airbus A330neo aircraft worth USD$1.5 billion at list prices.
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Hawaiian Confirms Airbus A330neo Order

NATS To Compensate Airlines For Travel Disruption

December 18, 2014

Airlines will get a rebate on their fees to the UK's National Air Traffic Service to compensate them for a computer failure last week which disrupted hundreds of flights.
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NATS To Compensate Airlines For Travel Disruption

Portugal Invokes Special Measures To Break TAP Strike

December 18, 2014

The Portuguese government has moved to halt a four-day strike at national airline TAP planned for the busy holiday period, invoking special powers that allow dismissal or in some cases criminal charges against strikers.
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Portugal Invokes Special Measures To Break TAP Strike

Aer Lingus Rejects IAG Takeover Approach

December 18, 2014

Aer Lingus has rejected a takeover approach from IAG, which is keen to gain control of the Irish airline's slots at London's Heathrow Airport.
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Aer Lingus Rejects IAG Takeover Approach

Air France Warns Again On Profits

December 18, 2014

Air France-KLM has issued its third profit warning in six months, cutting its 2014 earnings goal by EUR€200 million as higher-than-expected costs from a recent pilot strike added to weaker unit revenues.
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Air France Warns Again On Profits

Austrian Tourism Hit By Weakening Russian Currency

December 18, 2014

Austrian Finance Minister Hans Joerg Schelling is concerned about the weak Russian currency's impact on domestic tourism rather than on banks exposed to the Russian market.
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Austrian Tourism Hit By Weakening Russian Currency