The European Union (EU) has decided to press countries outside the alliance to include aviation in their existing or future schemes meant to restrict emissions of greenhouse gases.
Notwithstanding the general slump in Europe’s airline industry, some of the continent’s low-cost airlines are continuing to attract record number of passengers.
Ryanair, headquartered in Dublin, Ireland, and the largest low-cost carrier in Europe, is planning to revive a bid worth €1 billion (£800 million) for Aer Lingus, the flag carrier of Ireland. In a statement, Ryanair said: “The worsening economic climate and high fuel costs could force European competition regulators to adopt ...
The European Commission (EU) has begun an anti-trust investigation into a revenue-sharing pact signed between British Airways, American Airlines and Spain’s Iberia Airlines.
Deutsche Lufthansa AG, the flag carrier of Germany, has confirmed that it has formally expressed an interest in buying the Austrian government’s stake in Austrian Airlines, the flag-carrier airline of Austria.
The European Commission (EU) has allowed Delta Airlines Incorporated to buy its rival Northwest Airlines Incorporated, clearing the decks for the creation of the world’s biggest airline.
Northwest Airlines, headquartered in Eagan, Minnesota, the United State, is pulling the plug on its daily, non-stop service to Amsterdam, the Netherlands, from Bradley International Airport, Connecticut, the United States, with effect from October 1, 2008.
Top economic policy-makers of Japan are in favour of entering into an open-sky agreement with the United States and the European Union.
A number of smaller carriers in Europe are likely to go out of business in the coming months if the oil price does not fall considerably.
The European Commission has begun what it describes as an “in-depth investigation†into whether a loan amounting to €300 million ($465 million) from the government of Italy to the airline Alitalia violates rules on state aid.
Major airlines of Europe have urged the European Commission to oppose the Italian government's recent $468-million loan to Alitalia intended to prevent the state-controlled airline from going bankrupt.
Finnair, the largest airline of Finland and the nation’s flag carrier, and Japan Airlines (JAL), one of the biggest airline operators in Asia, will start code-share cooperation on Finnair flights between Finland and Japan from June 3, 2008.