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    Flagging flag carrier: can Lynne Embleton pick Aer Lingus off the ground?

    When its UK regional services operator Stobart Air collapsed without warning last weekend, Aer Lingus was left to plug a big gap in its schedule. The airline’s regional British partner had looked to be in trouble for some time, but the speed of its failure was bad timing for its new chief executive Lynne Embleton. Emerald Airlines, a start-up founded by the former Ryanair executive Conor McCarthy, was chosen to succeed Stobart Air’s operation of 16 Aer Lingus UK-Ireland routes in 2023 but did not have the aircraft or crew to pick up the slack. Over the past week, Aer […] More

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    Legal Action Against How UK Makes Travel Rules Gains Momentum

    Legal Action Against How UK Makes Travel Rules Gains Momentum | Aviation Week Network Skip to main content Portugal was downgraded from green to amber under the UK’s traffic light rules on June 4. Credit: Horacio Villalobos / Corbis / Getty Images LONDON—The UK government is said to be considering easing COVID-19 travel restrictions for double-vaccinated travelers following a legal backlash to how it classifies countries under its traffic light system. On June 17, airport operator Manchester Airports Group (MAG) lodged court papers for a…   Legal Action Against How UK Makes Travel Rules Gains Momentum is published in […] More

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    IAG signs with American Express Global Business Travel to accelerate NDC adoption

    American Express Global Business Travel (GBT) has renewed its distribution agreement with British Airways and Iberia. This will allow GBT customers and members of its Partner Solutions group to confidently shop within Supply MarketPlace.      The multi-year agreement has been expanded to cover a collaboration between GBT, British Airways and Iberia on developing and distributing NDC content through the global distribution systems with which the airlines’ parent company, International Airlines Group (IAG), has a deal. GBT will take a leading role in implementing the airlines’ NDC capabilities through the GDSs, reflecting a joint ambition to achieve significant bookings of […] More

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    Philippine Airlines to restructure amid widening full-year losses

    Philippine Airlines (PAL) is working towards “a comprehensive restructuring plan”, as the embattled carrier widened its full-year losses on what it called the “extraordinary impact” of the coronavirus pandemic.  PAL Holdings, the carrier’s parent company, states that the restructuring will “enable the airline to emerge financially stronger from the current global crisis”.  “We are confident that the restructuring will enable PAL to strengthen its capital structure, meet stakeholder obligations and position the company for long-term success,” the company adds.  No further details were disclosed in the 17 June filing, though PAL Holdings says that PAL’s management are finalising details of […] More

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    Global Transportation Services Industry Almanac 2020 – ResearchAndMarkets.com

    The “Transportation Services Global Industry Almanac 2015-2024” report has been added to ResearchAndMarkets.com’s offering. The global transportation services industry group had total revenues of $2,207,827.8m in 2019, representing a compound annual growth rate (CAGR) of 4% between 2015 and 2019. The global Transportation Services industry profile provides top-line qualitative and quantitative summary information including: industry group size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry group. Key Highlights The transportation services industry consists of the air, marine, rail, and road freight […] More

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    CORRECTED-(OFFICIAL)-UPDATE 3-Dubai steps in again as pandemic drives Emirates to $5.5 bln loss

    (Company clarifies statement to show Group’s first loss ever, paragraph 12) * Dubai government injected $3.1 bln into Emirates * State-owned airline reports loss of $5.5 bln * Passenger numbers lowest in 20 years DUBAI, June 15 (Reuters) – Emirates got an additional $1.1 billion in state support from Dubai after a collapse in long-haul travel due to the coronavirus triggered its first full-year loss in over three decades. Governments around the world have pumped billions of dollars into airlines to keep them afloat during the pandemic and Emirates, which is state-owned, has received $3.1 billion in equity injections from […] More

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    Unlikely but possible: Walsh on IAG, British Airways split

    The European airline holding company International Airlines Group (IAG) (IAG)came into being via a merger of British Airways and Iberia in 2011. However, despite being one of the two founding companies, the UK’s flag carrier appears far from sacred, and could be cut loose if need be, former Chief Executive Officer of IAG and British Airways Willie Walsh explained. British Airways could be sold off by its parent company IAG to facilitate the financial situation of the group, Walsh hinted when speaking to the Sunday Telegraph on June 12, 2021. The ex-boss of the company, who ran the airline between […] More

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    German airline Lufthansa returns to Zimbabwe

    The Herald Ivan Zhakata-Herald correspondent German airline Lufthansa, is set to resume flights from Frankfurt to Windhoek and Victoria Falls in March 2022 after having pulled off from Zimbabwe in 1998. Lufthansa, together with other international airlines, including Qantas, Air France and British Airways, pulled out of Zimbabwe between 1998 and 2008 citing dwindling passenger volumes coupled with an unstable economic environment. But with the stabilisation of the Zimbabwean economy following the introduction of a multi-currency regime in 2009, some of the airlines have resumed flights. Lufthansa general manager Southern and East Africa Mr André SchulzIn said in many parts […] More

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