A European Union high court has ordered the Greek government to pay EUR2 million in fines for failing to recover state aid illegally granted to Greek carrier Olympic Airways. The court also imposed a daily fine of EUR16,000 if Greece fails to recover the money.
UK carrier British Airways has announced a push on premium products at British Airways World Cargo (BAWC). It also is discouraging wasteful staff practices including making international calls on work cell phones.
Belgian air freight carrier Cargo B has ceased operations after minority stakeholder Japanese Nippon Cargo Airlines (NCA) rejected a request for a capital injection.
Brazil will lift foreign capital limits in Brazilian airline companies to 49 per cent – up from a current cap of 20 per cent – if the government okays a draft bill from the Civil Aviation Advisory Council.
Austrian Airlines says it will cut 1,000 jobs – it currently employs 8,000 people - as it awaits the outcome of a European Commission investigation into German flag carrier Lufthansa’s takeover bid.
US carrier Delta Air Lines and Australia's Virgin Blue Airlines plan to seek regulatory approval to form a joint venture that will expand both carriers’ reach between the US and Australia and the South Pacific.
A European Union high court has ordered the Greek government to pay EUR2 million in fines for failing to recover state aid illegally granted to Greek carrier Olympic Airways. The court also imposed a daily fine of EUR16,000 if Greece fails to recover the money.
UK carrier British Airways has announced a push on premium products at British Airways World Cargo (BAWC). It also is discouraging wasteful staff practices including making international calls on work cell phones.
Belgian air freight carrier Cargo B has ceased operations after minority stakeholder Japanese Nippon Cargo Airlines (NCA) rejected a request for a capital injection.
Brazil will lift foreign capital limits in Brazilian airline companies to 49 per cent – up from a current cap of 20 per cent – if the government okays a draft bill from the Civil Aviation Advisory Council.
Austrian Airlines says it will cut 1,000 jobs – it currently employs 8,000 people - as it awaits the outcome of a European Commission investigation into German flag carrier Lufthansa’s takeover bid.
US carrier Delta Air Lines and Australia's Virgin Blue Airlines plan to seek regulatory approval to form a joint venture that will expand both carriers’ reach between the US and Australia and the South Pacific.