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Airbus reports strong Full-Year 2018 results, delivers on guidance

Strong 2018 performance, guidance delivered Revenues € 64 billion; EBIT Adjusted € 5.8 billion; Free Cash Flow Before M&A and Customer Financing € 2.9...

Czech Airlines Technics welcomes new Board of Directors member

Czech Airlines Technics (CSAT), a daughter company of Prague Airport, which provides aircraft repair and maintenance services, has appointed a new member to its...

Opportunity for tourism investors

The very first luxury travel enterprise in Vietnam is going to IPO.

Power of People proves popular for upcoming BestCities Global Forum in...

Leaders will hold talks, workshops, and programs while also learning about the region and culture of Latin America at the BestCities Global Forum to be held in Bogota.

Lufthansa: Increase in international airline mergers inevitable

Deutsche Lufthansa AG, the German airline that acquired three European carriers last year, said industry mergers combining partners from different parts of the world will rise as companies seek higher

Passengers still annoyed with airlines

WASHINGTON - Once again, it's open season on airlines.

Would playing instant catch-up be wise for American Airlines?

In 2008, American Airlines was the largest airline in the U.S.

Airline mantra: Merge, fail, repeat

Albert Einstein once defined insanity as “doing the same thing over and over again and expecting different results.”

Richard Anderson: Completing airline merger has become harder

ATLANTA - Delta CEO Richard Anderson said it has become harder to complete an airline merger.

Flight attendants are pressing DOT to ensure American jobs are protected

Flight attendants, represented by the Association of Flight Attendants-CWA, AFL-CIO (AFA-CWA) at United Airlines, are pressing the DOT to ensure American jobs are protected when considering the anti-t

US Air CEO: Mergers needed in recession

The recession, which has eroded travel demand and punished U.S.

Mergers, fuel surcharges, open skies agreements – debate the future of...

The airline industry continues to generate headline news; the 2008 World Travel Market Airline Program will explore the burning issues in a series of thought-provoking seminar sessions.

World airlines face harsh reality: consolidate or perish

Air New Qantas? Singapore Virgin? Air Tiger X? The idea of super carriers ruling the skies has been talked about almost as long as airlines have been around.

Why airline mergers don’t fly

Throughout the current debate about the future of the airline industry there has been one constant refrain: the airlines must cut capacity. Some analysts say the industry needs to cut so much capacity, in fact, that the only way to do it by combining two or more airlines in a merger. United is playing along: it is getting rid of 100 mainline aircraft, including all of its 737s.

Do airline deals favor Boeing or Airbus?

Among the assets US Airways would bring to a merger is one that its potential partner totally lacks - an aircraft order. If United were to merge with US Airways, it would gain access to an order for 92 narrowbody and widebody Airbus aircraft, with a list price around $10 billion, making the France-based airplane maker a likely winner if the two carriers successfully complete a deal.

Pilot seniority takes a long time to work out

TEMPE, Ariz. — Few, if any, CEOs have been bigger boosters of airline consolidation than US Airways chief Doug Parker. But Parker wonders if Delta Air Lines and Northwest Airlines apparent combination plans will work, especially if the carriers wait for pilots to first agree who gets seniority. "It's going to be extremely hard to get that done anytime soon," Parker said. He should know.

Pilots’ battles over seniority play havoc with airline mergers

Merger talks between Delta Air Lines and Northwest Airlines have been held up for a couple of weeks while pilots at each carrier discuss how to combine their union seniority lists. How long can such a procedural matter take to resolve? If the last big airline merger is any guide, the answer is 28 months. And counting.

Machinists union says it will oppose mergers

NEW YORK - The union that represents baggage handlers and ticket agents at Northwest and other airlines says it will oppose any merger. The International Association of Machinists says airline mergers hurt workers and passengers. The union also represents workers at United Airlines, Alaska Airlines, and other carriers.

Airline changes may cut choices

Boston area air travelers could be in for some turbulence if the airline industry experiences a wave of consolidations, which appears inevitable. Delta and Northwest airlines - both of which fly in and out of Boston’s Logan International Airport - could announce as early as tomorrow that they’re merging to create the nation’s largest airline, according to published reports.

What China can learn from U.S. airline consolidation

The normally astute (and often erudite) BusinessWeek falters a tad in analyzing the value of the coming wave of airline mergers in the United States.

Priceline, Orbitz wary of airline M&A

LOS ANGELES (Reuters) - Online travel agents could feel the pinch from airline consolidation, as deals combining the largest U.S. carriers would shift the balance of power in the ticket-selling business.

JetBlue would gain from airline mergers, CEO says

JetBlue Airways Corp. chief executive officer Dave Barger said airline mergers would benefit JetBlue and other U.S. carriers by limiting capacity. "Consolidation would be very good for the industry," Barger said Friday in a Bloomberg Television interview. "There's still too many airline seats chasing the demand."

A Wave of matchups on deck for airlines?

The Delta-Northwest combination inching toward completion would create a new world leader, leapfrogging American Airlines and the Air France-KLM tandem in passenger traffic, but would also likely trigger a chain reaction of other deals, with unknown consequences for travelers.

House panel chairman vows to fight airline mergers, hold hearings

The Democratic chairman of a key House committee pledged a vigorous effort to slow or stop, if possible, a proposed merger between Delta Air Lines Inc. (DAL) and rival carriers Northwest Airlines Corp. (NWA) and United Airlines.

Airline execs eye consolidation

PHOENIX — As U.S. airlines pressure each other with low fares, executives are keeping an eye on consolidation efforts as the one sure way to squeeze profits out of an industry plagued by sky high fuel costs.
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