For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 17, 2006
Japan, China Agree To Boost Aviation Links. China and Japan agreed on Thursday to boost the number of flights between the countries in the latest move to improve ties between them. Jul 13, 2006
Foreign firms expected to lead bidding for Midway. Foreign bidders are expected to dominate the sale of Chicago's Midway airport next year. "We are seeing interest from more than the usual four or five [companies] -- the British, Australian, Singaporean, Germans and the Spanish," Chicago Chief Financial Officer Dana Levenson says. "But there are others starting to come out of the woodwork." Chicago hopes the long-term lease of the airport will help close a wide budget gap.
Jul 12, 2006
DOT may end IATA antitrust immunity; IATA disappointed. A Transportation Department proposal would eliminate the airlines' ability to collaborate on setting prices for international fares. IATA calls the DOT action "disappointing." DOT officials say such price setting, which has existed for five decades, fosters anti-competitive, anti-consumer business practices. The change, however, is not expected to affect domestic U.S. fares. Jul 11, 2006
Norman Mineta, the former US transportation secretary who ended a 5.5-year tenure last week, will join communications consultancy Hill & Knowlton as vice chairman effective July 24. He will be based in Washington. Jul 11, 2006
EU Not Investigating Ryanair Pricing. The European Commission is studying the need for new rules to govern airline ticket pricing but...