Category: Airlines

MAS to pay $6m for cargo cartel
Airlines

Malaysia Airlines (MAS) has been the latest airline to be fined for price fixing on certain air freight surcharges after it reached a settlement with the Australian Competition and Consumer Commission in the Federal Court. The ACCC instigated proceedings against MAS in 2010 alleging that it conspired with other international airlines to set air freight

Joyce takes over as IATA chairman
Airlines

Qantas CEO Alan Joyce has taken over as chairman of the board of governors of the International Air Transport Association. “The top priorities, as always, will be safety, security, and sustainability. On top of that, I want to see IATA continue to deliver value to its members by being a strong advocate for the industry,”

Emirates wants codeshare, but will not buy into Qantas
Airlines

Emirates president Tim Clark says that his carrier has reached out to Qantas and would like the two carriers to work together, but has denied that the Dubai based carrier is looking to take a stake in the Flying Kangaroo. Speaking to journalists at the sidelines of the IATA AGM in Beijing, Mr Clark confirmed

Virgins to codeshare
Airlines

Virgin Australia will enter into a codeshare agreement with Virgin America which will further extend its North American network. The agreement, subject to regulatory approval, will see Virgin Australia add its code to Virgin America flights from Los Angeles to Portland, Washington DC, Boston, Dallas, Chicago, Fort Lauderdale, Philadelphia and Seattle. This content is available

Pax numbers hit new highs last year
Airlines

The Bureau of Infrastructure, Transport and Regional Economics has released its annual reports on international and domestic passenger activity, showing that 2011 set new records for both sectors. The international passenger activity report shows that over the year passenger numbers increased by five per cent on the previous year to 28.12 million. Total seat capacity

IATA sticks to US$3bn profit forecast
Airlines

IATA says that it still expect’s the world’s airline industry to record a collective profit of US$3 billion this year, despite pressure from the Eurozone economic crisis. “The $3.0 billion industry profit forecast has not changed. But almost everything in the equation has,” said IATA CEO and director general Tony Tyler. “Demand has been better

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