European Parliament's new agreement and said that according to the European Commission's impact assessment, "Fully passing on costs to customers would mean that by 2020 airline tickets for a return journey could increase by EUR4.60 ($7.21) to EUR39.60, depending on the journey length." Assn. of European Airlines was one of several industry groups that blasted the ruling, saying it "could have consequences far beyond the blinkered vision of the legislators." Secretary General Ulrich Schulte-Strathaus said the ETS "has been turned into a multibillion-euro cash dispenser for national exchequers" and claimed the "potential cost" to the commercial aviation industry in Europe would average [euro]5.3 billion per year "over the initial phase." 7/8/2008
Air France KLM is in preliminary talks with state rail company SNCF about high-speed train cooperation even before the liberalization of rail travel by 2010, Liberation newspaper said on Tuesday. The French paper said SNCF has offered Air France to set up a special joint unit for the rail link between airport hubs. Air France last week confirmed its interest in high-speed train travel and said it was in talks with Veolia Transport, which does not currently have a high-speed train service. Air France and SNCF had no immediate comment on the report. High-speed rail links have already taken traffic from short distance air links. With existing or upcoming high-speed rail links between Paris, Amsterdam or Frankfurt, airlines could transport long-distance air travellers to their hubs -- boosting the load factor and cutting costs. 7/15/2008
Air France said on Tuesday it would raise fuel surcharges due to high oil prices. The airline, part of Franco-Dutch group Air France KLM, plans to increase its fuel surcharge by 2 euros on domestic flights, by 4 euros on medium-haul flights, by 10 euros on long-haul flights and by 14 euros on very long-haul flights. The charges are valid for each segment of a journey and take effect on July 10, Air France said in a statement. 7/9/2008
British Airways is launching an advertising campaign to try to rescue the reputation of Terminal 5, its new home at Heathrow Airport, which opened to chaotic scenes of lost baggage and canceled flights in March. Walsh said the performance of the terminal had "very significantly improved", and he was receiving letters and emails on a daily basis praising the GBP4.3 billion pound (USD$8.6 billion) facility....