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American Airlines will not terminate pension plans

NEW YORK, N.Y. - American Airlines retreated Wednesday on its proposal to terminate its workers' pension plans and dump them on a federal agency as part of its bankruptcy reorganization.

IATA: Air Passenger Duty freeze is good news for UK

GENAVA, Switzerland - The International Air Transport Association (IATA) welcomed the UK Chancellor of the Exchequer's decision not to increase the Air Passenger Duty (APD), announced in his Budget St

Qantas moves to stem passengers stuck in airports, freezes outbound flights...

Qantas passengers hoping to travel to Europe via Asia won't be permitted to check in for the outbound flights from Australia, as the airline moved to stem passengers stuck in transit ports due to the

Pyongyang freezes South Korean real estate in Kumgangsan tourist region

PYONGYANG - Government of the Democratic People's Republic of Korea has passed a decision to freeze South Korean real estate in the Kumgangsan tourist region, the Korean Central News Agency /KCNA/ sai

South Africa Tourism campaigns for price freeze

Inflation of prices, especially on accommodation and transportation, are part of the Olympics and World Cup, but the South Africa 2010 World Cup may be different, as South Africa Tourism’s campaign

EU freezes airline take-off slot rules

BRUSSELS - Airlines hit by the economic slowdown will gain new flexibility in how they use take-off and landing slots after the European Union assembly agreed on Thursday to loosen "use-or-lose rules"

American Airlines freezes pay, hiring for nonunion workers

American Airlines, the world’s second-biggest carrier, froze hiring and general pay increases for nonunion workers as it struggles with a drop in revenue and travel demand.

Airline freezes bosses pay

Air New Zealand has frozen salaries of senior executives, halted bonus payments and is considering slashing jobs to compensate for soaring fuel costs and sliding passenger demand, according to an inte

China freezes price hikes of admission tickets to tourist spots

BEIJING - The Chinese government has staged a national overhaul to axe overcharging in the admission tickets for tourist sites, banning further price rises in the coming 12 months and vowing to open most public museums, memorials and patriotic educational sites for free in two years.