Feb 11, 2008
Aegean Airlines will launch flights from Athens to London Stansted (twice-daily from May 15 aboard A321s), Tirana (daily from May 2 aboard RJ100s), Limnos (four-times-weekly from March 30, becoming daily May 1) and Kefalonia (four-times-weekly from May 1, becoming six-times-weekly in July and daily in August). The carrier expects to take delivery of 10 A320s/A321s this year and to replace its 15 737s with Airbus narrowbodies by June 2009. Feb 10, 2008
Russian flag carrier Aeroflot said on Tuesday its net profit rose 92 percent in the first nine months of 2007 to USD$357.3 million. The company said in a statement revenue rose 31.9 percent to USD$2.8 billion, while operating expenses increased 21.9 percent to USD$2.3 billion. Aeroflot Deputy General Director Mikhail Poluboyarinov said the results were helped by effective control of fuel costs, favorable market conditions and currency exchange rates. The results are calculated under International Financial Reporting Standards (IFRS). Feb 5, 2008
Air France KLM, Skyteam
Air France KLM says Skyteam partners to offer 11 more Heathrow-US flights daily. Air France KLM said its Skyteam alliance with fellow airlines will offer another 11 daily flights between the US and London's Heathrow airport from March 30 following the so-called open-skies agreement on transatlantic routes. The new flights will enable Continental Airlines, Delta Air Lines and Northwest Airlines to become the first US companies to obtain slots at Heathrow since 1991, Air France KLM said. Announcing a joint venture last October, Air France KLM and Delta had already said they would share codes for US-Heathrow routes, while creating a new Air France flight between Heathrow and Los Angeles and a new Delta route between Heathrow and Atlanta. Feb 5, 2008
Alitalia, Air France KLM
Alitalia s latest move coming hot on the heels of Italy s latest government collapse is also slap in the middle of talks between the State and an Air France KLM bid for the carrier that has raised union hackles in the country. A snapshot into just how parlous a state Alitalia has fallen can be gleaned from a statement that justifies the airline s decision to withdraw substantially from Malpensa. The move has angered not only trade unionists but has also apparently whipped up strong political feeling in the north, which has long had a separatist tendency to that of Rome. But Alitalia justifies its move on the basis that most...