Month: June 2009

Virgin Atlantic takes on ten more A330s

June 22: AerCap announced it has agreed with Virgin Atlantic the lease of ten Airbus A330-300s. Six aircraft are currently on order from Airbus by Virgin Atlantic, but this new deal will see AerCap purchase the aircraft and lease them

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Lufthansa takeovers get green light

June 23: The European Commission has granted regulatory approval for the tie-up of Lufthansa and Brussels Airlines. Clearance from the EU competition authority was required but it now gives the Lufthansa the green light to acquire an initial 45% stake

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Air India looks for wages cut

June 22: In the face of a financial crisis Air India’s Chairman and Managing Director, Mr Arvind Jadhav, has written to senior management requesting them to work unpaid during July. The airline is also to examine its wage agreements, including

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Paris Air Show: A330 for Turkish

Paris Air Show: A330 for Turkish June 19: Wrapping up business at Le Bourget, Turkish Airlines signed a Memorandum of Understanding (MoU) for seven Airbus A330s. Two are the 200 version with five 300s. Deliveries will begin in August 2010.

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Airline pilot dies mid-air

June 18: A pilot flying a transatlantic flight died midway on the journey today. The Houston Chronicle named the pilot as Captain Craig Lennel, 60, who passed away from natural causes aboard Continental Airlines Flight 61, a Boeing 777, between

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BA pilots to accept pay cut?

June 19: The British Airline Pilots’ Association (BALPA) has agreed a draft pay and productivity package with British Airways to help the airline back to profit. The package will see pilots take a wage cut of 2.6% from October, together

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Paris Air Show: Wizz Air to buy 50 A320s

June 18: Wizz Air, the Central and Eastern European low cost airline, has signed a Memorandum of Understanding to buy 50 more A320s from Airbus, taking its total order to 132 aircraft. Wizz Air already operates a fleet of 24

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Paris Air Show: AirAsia X orders the A350

June 16: AirAsia X, the long-haul, low-cost affiliate of Malaysia’s AirAsia Group, placed an order for 10 A350-900 XWB aircraft with Airbus. “By buying the A350 XWB, the strategy of AirAsia and AirAsia X is now fixed until 2020. The

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Paris Air Show: Rolls-Royce announces bumper orders

June 16: Aero engine manufacturer Rolls-Royce announced several major contracts at Le Bourget, totalling some $4 billion. The Trent powerplant has secured the bulk of the orders, with a $1.8 billion deal with AirAsia to supply up to 15 Trent

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BA in cash crisis?

June 16: The Daily Mail reports that British Airways chief Willie Walsh has written to all 40,000 British Airways employees asking them to ‘work for nothing’ for up to four weeks in a ‘fight for survival’. When BA’s annual results

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