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NewsVirgin Atlantic To Stop Kenya Flights - 17.05.2012 Virgin Atlantic is to withdraw flights between Nairobi and London by September due to low passenger numbers, high fuel costs, and increasing aviation taxes in Britain. airBaltic Achieves +3 pp Increase of Load Factor in the First Four Months of 2012 - 16.05.2012 In April 2012, Latvian airline airBaltic operated 4,272 flights, or 13% less than in April 2011 when airBaltic operated 4,889 flights. Flybe Interested in Buying Cimber Sterling - 15.05.2012 British airline Flybe is interested in buying Danish airline Cimber Sterling that declared bankruptcy earlier this month, Finnish public broadcaster YLE said on Monday. Emirates 2011 Profit Sags 72 Percent - 11.05.2012 Dubai's flagship carrier Emirates reported a 72 percent drop in 2011 profits on Thursday as high fuel prices accounted for 40 percent of the Gulf carrier's costs. EasyJet Losses Narrow, Sees Sales Grow - 10.05.2012 EasyJet said seasonal first half losses narrowed, helped by cost cutting initiatives and minimal weather-related disruption, and that it expected second half revenues to grow by up to 5 percent. Lufthansa Sees Big Hit From Tax, CO2 Trading - 09.05.2012 Lufthansa expects the burden from Germany's air travel tax, emissions trading, a night flight ban at Frankfurt airport and other items to exceed EUR€700 million (USD$913 million) this year, its chief executive said. American Looking At More International Flights - 08.05.2012 American Airlines, which is being eyed by rival US Airways for possible takeover, plans to boost international flying and increase US codeshares under a plan to emerge from Chapter 11 bankruptcy protection. Lufthansa Posts Q1 Loss On Fuel Costs - 03.05.2012 Lufthansa said high fuel costs triggered a bigger than expected first-quarter loss and forecast it might only hit its profit target if costs from a new restructuring plan were excluded. BalticBikes Return to the Streets in Riga and Jurmala - 02.05.2012 On May 2, the bicycles of the BalticBike rental service will return to the streets of the Latvian capital of Riga and its nearby seaside resort of Jurmala for the summer season. Iberia Pilots Strike Off After Govt Forces Talks - 28.04.2012 Iberia pilots called off their strike plans on Friday after the government ordered the Spanish airline and its pilots union to enter talks to resolve a dispute that threatens to disrupt Spanish tourism during the peak season. Lufthansa Says No Decision On Job Cuts - 27.04.2012 Lufthansa said it is still evaluating how many jobs it would cut as part of a cost-saving initiative, in response to a report that Germany’s biggest airline plans to slash about 3,000 administrative jobs. Delta Posts Q1 Loss, Expects Full Year Profit - 26.04.2012 Delta Air Lines reported a quarterly operating loss, but said it expects profits for the current second quarter and full year despite higher fuel costs. Gol, Delta In Stake Sale Talks - Report - 25.04.2012 Gol, Brazil's second-largest airline, is in talks to sell an additional 17 percent stake to US carrier Delta Air Lines to better cope with rising costs and declining market share, daily newspaper Folha de S. Paulo reported on Tuesday. IATA Says Airlines See Improved Outlook - 24.04.2012 Chief financial officers and heads of cargo at the world's airlines reported growing confidence in their profitability and an improved outlook for the next 12 months, according to a survey by the International Air Transport Association released on Monday. airBaltic Training Joins European Business Aviation Association - 19.04.2012 airBaltic Training has joined European Business Aviation Association (EBAA), an organization that represents interests of its members specializing in air transport tailored to the specific needs of company executives, government officials and individuals. Iberia Warns Pilots' Strikes Threaten Future - 17.04.2012 Spanish airline Iberia has warned that a fresh round of strikes by its pilots to protest the creation of a low-cost carrier could threaten the company's future. Tez Tour Latvija and airBaltic to Work Together on Providing Summer Charter Flights - 16.04.2012 Latvia’s national airline airBaltic has signed a cooperation agreement with the international tour operator Tez Tour Latvija on the execution of charter flights to Turkey, Greece and Bulgaria during the summer season. Transaero Secures Financing For A380 Deal - 13.04.2012 Russian privately owned airline Transaero has secured financing from state bank VEB to buy four A380s from Airbus, a key step towards completing the USD$1.58 billion deal. Top 10 airBaltic Destinations for Easter - 12.04.2012 For the busy Easter travel period, Latvian national airline airBaltic saw increased passenger interest in the carrier’s destinations in Europe, Middle East, and Russia/CIS. CNN praises quality of airBaltic inflight food - 11.04.2012 Latvian national airline airBaltic has achieved widespread recognition among its customers for its organic menus, created by Martins Ritins, a renowned chef of Latvia. Iberia Pilot Strike Grounds 150 Flights - 10.04.2012 Pilots for Spanish airline Iberia, part of International Airlines Group, went on strike on Monday, grounding 150 flights in the first of 30 one-day strikes to protest against the start-up of low-cost carrier Iberia Express. Failure To De-Ice Likely Cause Of UTair Crash - 05.04.2012 Failure to de-ice a UTair passenger plane before takeoff was the most likely cause of a crash in Siberia that killed 31 people, federal investigators said on Wednesday. American Cancels Dallas Flights After Storms - 04.04.2012 American Airlines cancelled more than 400 flights in and out of Dallas-Fort Worth Airport on Tuesday after several tornadoes ripped through the surrounding area. Iberia Files Legal Action Against Strikers - 03.04.2012 Spanish airline Iberia, part of International Airlines Group, has petitioned a court to ban strikes called by pilots and cabin crew during the next few months and to award compensation for strikes already held. Russian Plane Crashes, At Least 29 Dead - 02.04.2012 At least 29 people were killed and 14 were rescued alive from a plane crash in Siberia, Russia's state-run Itar-Tass news agency said on Monday, citing a regional Emergency Situations Ministry official. China Eastern Cancels 787 Order - 30.03.2012 China Eastern Airlines has scrapped an order for 24 787 Dreamliners from Boeing, the plane maker said on Thursday. Ryanair celebrated start of sommer 2012 schedule ar Riga International Airport - 29.03.2012 Ryanair, the world’s favourite airline, yesterday evening (27th March) celebrated the start of its summer schedule and the inaugural flight to new destination Karlsruhe Baden Baden at Riga International Airport. American Air Seeks To Void Staff Contracts - 28.03.2012 The parent of American Airlines on Tuesday sought bankruptcy court approval to throw out staff contracts, a move that puts new pressure on pilots, flight attendants and others to quickly agree to concessions. German Ground Handlers To Strike Tuesday - 27.03.2012 Lufthansa cancelled hundreds of flights for Tuesday at Germany's largest airports in anticipation of warning strikes by ground handlers in a dispute over pay. airBaltic to Enter Summer Season with improved service - 26.03.2012 On March 25, Latvian national airline airBaltic will enter the summer season with an increased number of flights. airBaltic Strengthens Cooperation with Corporate Customers and Travel Agencies - 23.03.2012 Latvian national airline airBaltic has improved conditions, to make its services more attractive for its long-standing and loyal partners. IATA Cuts Airline Profit Forecast - 21.03.2012 The International Air Transport Association has cut its forecast for global airline profits due to a sharp rise in oil prices, warning that a spike to USD$150 per barrel could lead to losses as high as USD$5.3 billion. Kuwait Eyes Budget Rise As Strikes Continue - 20.03.2012 Kuwait's state budget for next fiscal year envisages a spending increase of about 13 percent from the current year's plan, state news agency KUNA reported on Monday as the oil-rich state grappled with a wave of industrial unrest. airBaltic achieves +7 pp increase of load factor in February - 16.03.2012 Latvian airline airBaltic carried 180,476 passengers in February 2012, representing 1% increase comparing with the same month in 2011, when airBaltic transported 178 809 passengers. Cathay Profit Falls, Sees Tougher 2012 - 15.03.2012 Cathay Pacific Airways posted a bigger-than-expected 61 percent drop in 2011 net profit on Wednesday amid high fuel costs and a slowing global economy, and warned of a more challenging year ahead. Etihad, Air Berlin To Share 787 Fleet - 14.03.2012 Etihad Airways and Air Berlin announced plans to pool their Boeing 787s, three months after the Abu Dhabi-based carrier raised its stake in Germany's second-biggest airline to almost 30 percent. Kingfisher Cancels More Flights On Staff Action - 13.03.2012 India's Kingfisher Airlines said it had to cancel some flights due to "employee agitation on account of delayed salaries", pushing the debt-laden carrier deeper into trouble. Qantas Ends Talks With Malaysia Airlines - 09.03.2012 Qantas Airways has called off talks with Malaysia Airlines to set up an Asian premium carrier because deal terms could not be agreed, a big setback to the Australian airline's plans to turn around its ailing international operations. Lufthansa Posts Surprise 2011 Loss On bmi - 08.03.2012 Lufthansa posted a net loss of EUR€13 million (USD$17.05 million) in 2011, after taking a larger-than-expected charge on the sale of its UK unit bmi. airBaltic Reshapes for Profit - 07.03.2012 Latvian airline airBaltic yesterday (6.03.2012) announced a business reshaping plan to return the airline to profitability and sustainable future development at North Hub Riga, which |
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Berlin airport opening delayed until March 2013 - 18.05.2012
Berlin’s long-awaited new international airport faces a further delay before opening.