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Air Mauritius’ stock slumps after reporting a $37 million fiscal year loss
Air Mauritius (Port Louis, Mauritius) reported a $37 million loss for its fiscal year ending on March 31. The flag carrier had previously announced a plan to return to return to profitability. Read...
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LAN acquires TAM, becomes the LATAM Airlines Group
LAN Airlines S.A. (Santiago) (which has been renamed LATAM Airlines Group S.A.) and TAM S.A. (Sao Paulo) on June 22 completed their exchange offer. The acquisition has created the LATAM Airlines Group...
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Aerolineas Argentinas departs from Auckland for the final time
Aerolineas Argentinas (Buenos Aires) as planned, dropped the Auckland, New Zealand stop and started flying the Buenos Aires-Sydney route as a nonstop route via Antarctica three days a week on July 1....
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SAS is coming to San Francisco
Scandinavian Airlines-SAS (Stockholm) is coming to San Francisco. The airline will launch nonstop Copenhagen-San Francisco service on April 8, 2013. The new route will be operated six days a week. The...
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Iberia starts nonstop Madrid-Accra flights
Iberia (Madrid) tomorrow (July 18) will launch twice-weekly Madrid-Accra service. Copyright Photo: Rolf Wallner. Airbus A340-313X EC-ICF is pictured in action at Zurich. Iberia: Filed under: Iberia...
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South African Airways introduces its 2012 London Olympics logojet
South African Airways (Johannesburg) brought its newly-decorated Airbus A340-313X registered as ZS-SXD (msn 642) to London (Heathrow) for the first time. ZS-SXD is painted in a special 2012 London...
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China Airlines becomes the first Asian airline to join the Pacific Greenhouse...
China Airlines (Taipei) has dedicated one of its Airbus A340-300s for climate monitoring analysis, becoming the third airline after Lufthansa and Air France. China Airlines will be followed by Cathay...
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Emirates to add Phuket on December 10
Emirates Airline (Dubai) is adding new passenger and belly cargo service to Phuket, Thailand. Phuket will become the second Thai gateway that connects it to international trade opportunities across...
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Etihad Airways’ 2012 net profit increases to $42 million, will wet lease an...
Etihad Airways (Abu Dhabi) reported a net profit of $42 million (USD) in 2012, up 200 percent from the $14 million net profit in 2011. The company saw strong improvements in revenues, passengers...
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Finnair produces its first yearly profit since 2007
Finnair (Helsinki) reported a net profit of €1.2 million ($1.6 million) in the fourth quarter of 2012. The carrier produced its first yearly profit since 2007. The flag carrier reported a net profit...
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IAG sinks to a pretax loss of $1.29 billion due to Iberia
International Consolidated Airlines Group (IAG) (British Airways and Iberia) (London) presented the Group’s consolidated results for the year to December 31, 2012. In addition, IAG presented combined...
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Norwegian to wet lease two Airbus A340-300s from Hifly due to the 787 delays
Norwegian Air Shuttle (Norwegian.com) (Oslo) has announced it will wet lease two Airbus A340-300s from Hifly (Lisbon) due to the delays in the delivery of its new Boeing 787-8s for the new New York...
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Virgin Atlantic freezes wages as it prepares to report a record yearly loss
Virgin Atlantic Airways (London) has frozen all salaries according to this report by Bloomberg. The struggling carrier is expected to report a loss of $201 million for its fiscal year ending on...
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Swiss commits for six new Boeing 777-300 ERs to start replacing its Airbus...
Swiss International Air Lines (Zurich) has committed for six new Boeing 777-300 ER aircraft. The prospective deal will have to be finalized into a firm order. Boeing (Chicago) issued the following...
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China Airlines elects a new chairman, studies a new JV with TransAsia Airways
China Airlines‘ (Taipei) Board of Directors has elected company President Huang-Hsiang Sun as its new chairman. According to the carrier, “Sun joined China Airlines in1970 and has assumed various...
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SAS launches Copenhagen-San Francisco service, drops Bangkok
Scandinavian Airlines-SAS (Stockholm) today (April 8) begins flying six times a week from Copenhagen to San Francisco. SAS already flies to New York, Chicago and Washington. This is the first service...
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Aerolineas Argentinas to lease four Airbus A330-200s from ILFC
Aerolineas Argentinas (Buenos Aires) has signed a contract to lease four Airbus A330-200s from International Lease Finance Corporation (ILFC). Deliveries of the aircraft are scheduled to take place...
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JetBlue Airways and South African Airways begin code-sharing
JetBlue Airways (New York) and South African Airways (SAA) (Johannesburg) have launched their bilateral code-share agreement. JetBlue is now placing its “B6″ code on SAA-operated flights between the...
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