In a move which took many market watchers by surprise, Singapore Airlines (SIA) yesterday announced that it is starting up a wholly-owned long/medium-haul budget carrier. (The Business Times – Singapore)
(SYDNEY) International pilots with Australia’s Qantas yesterday prepared to vote on whether to strike, in what would be the first industrial action by the carrier’s long-haul crew in 45 years. (The Business Times – Singapore / AFP)
FORT LAUDERDALE, Fla., May 23, 2011 /PRNewswire-USNewswire/ — Gulfstream International Airlines’ flight crewmembers, represented by the International Brotherhood of Teamsters APA Local 1224, today announced they have agreed to a five-year collective bargaining agreement with Gulfstream International Airlines. (Yahoo News)
BANGKOK—The board of Thai Airways International PCL Friday approved in principle a plan to set up a new regional budget airline to serve domestic and regional routes, after its plan to establish a low-cost carrier joint venture with Singapore’s Tiger Airways Holdings Ltd. ran into regulatory hurdles (Wall Street Journal-USA).
The latest ash cloud incident is proving difficult to predict, according to experts and authorities in the UK and abroad (ABTN-UK).
No-frills carrier Ryanair took 40 aircraft out of service last winter, and plans to remove a further 40 in the coming winter (ABTN-UK).
Flights in Scotland have been cancelled by two airlines as volcanic ash continues to head towards the UK. (BBC-UK)
(Reuters) – Political unrest in North Africa, an earthquake and subsequent nuclear crisis in Japan and European debt problems are adding to a toxic mixture of high oil prices and fierce competition among airlines fighting to make a profit.