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CAI pays premium for Alitalia

: Latest News; Friday, 21 November 2008

The Italian government has squeezed a premium out of consortium CAI, which wants to buy the assets of carrier Alitalia.

Aerolineas still in play

: Latest News; Friday, 21 November 2008

An Argentine congressional committee has recommended the government nationalise flag carrier Aerolíneas Argentinas, a move tipped to increase tensions between the government and Spain's Grupo Marsan, which owns 95 per cent of the struggling airline.

Air France profits down

: Latest News; Friday, 21 November 2008

Europe's Air France-KLM has posted a 44 per cent drop in operating profit for the second quarter and cut its full-year profit forecast.

Maximus sells 95 per cent

: Latest News; Friday, 21 November 2008

Abu Dhabi Aviation has taken a 95 per cent stake in Maximus Air Cargo, the Middle East’s specialist heavy-lift airline.

Boeing upbeat about future

: Latest News; Friday, 21 November 2008

Aircraft manufacturer Boeing says this year's commercial aircraft orders probably will be lower than in the three previous years, and 2009 orders also will probably decline, but the company remains upbeat about the future.

10 blamed for TAM crash

: Latest News; Friday, 21 November 2008

An official report has identified 10 Brazilian government and airline officials as responsible for the country's worst air accident, when a passenger plane operated by the Brazilian airline TAM crashed into a building after veering off a Sao Paulo runway in heavy rain in July 2007, killing 199.

Emirates bucks market trend

: Latest News; Friday, 21 November 2008

Dubai-based Emirates airline will maintain its ambitious expansion plan, despite an expected softening in consumer travel over the next 12 months.

ACCC blocks NZ-AC market initiative

: Latest News; Friday, 21 November 2008

The Australian Competition and Consumer Commission (ACCC) has issued a draft determination proposing to deny authorisation to Air New Zealand (NZ) and Air Canada (AC) to give effect to a co-operation deal.

Shipping firms do it tough

: Latest News; Thursday, 20 November 2008

A Forbes report says global shipping is in crisis, with dry cargo rates down more than 90 per cent and Greek shipping firms in particular – Greek companies own a fifth of the world's fleet – facing an uncertain future.