The UK Office of Fair Trading has more than halved a GBP121.5 million fine on British Airways (BA) for colluding with Virgin Atlantic on fuel surcharges.
Australia's Qantas Freight will inaugurate a weekly, scheduled freighter service from Friday April 19, flying from Sydney to the Chinese manufacturing hub of Chongqing and then on to Chicago, USA.
Global carriers reportedly are planning alternative routes that bypass the UK due to capacity constraints at London Heathrow Airport, with 53 per cent in a survey saying they will base flights in other countries because of Heathrow's lack of capacity.
IAG unit Iberia could cut pilots' pay by 20 per cent as it fights to make cost cuts and launch a budget carrier to compete with other European low cost carriers including Ryanair and EasyJet.
Germany's Lufthansa's subsidiary BMI's sale price may be reduced by tens of millions of pounds when International Airlines Group (the parent of British Airways and Iberia) completes its deal to buy the loss-making carrier this week.
Constantly changing security requirements mean annual airport security costs could exceed US$45 billion by 2018, according to new analysis from analyst Frost & Sullivan. The figure last year was US$19 billion, the firm claims.
The UK Office of Fair Trading has more than halved a GBP121.5 million fine on British Airways (BA) for colluding with Virgin Atlantic on fuel surcharges.
Australia's Qantas Freight will inaugurate a weekly, scheduled freighter service from Friday April 19, flying from Sydney to the Chinese manufacturing hub of Chongqing and then on to Chicago, USA.
Global carriers reportedly are planning alternative routes that bypass the UK due to capacity constraints at London Heathrow Airport, with 53 per cent in a survey saying they will base flights in other countries because of Heathrow's lack of capacity.
IAG unit Iberia could cut pilots' pay by 20 per cent as it fights to make cost cuts and launch a budget carrier to compete with other European low cost carriers including Ryanair and EasyJet.
Germany's Lufthansa's subsidiary BMI's sale price may be reduced by tens of millions of pounds when International Airlines Group (the parent of British Airways and Iberia) completes its deal to buy the loss-making carrier this week.
Constantly changing security requirements mean annual airport security costs could exceed US$45 billion by 2018, according to new analysis from analyst Frost & Sullivan. The figure last year was US$19 billion, the firm claims.