Aviation Sector

BA and Iberia to Form IAG; Listed 12 Airlines in Focus

BA and Iberia to Form IAG; Listed 12 Airlines in Focus

A shopping list of 12 airlines has been drawn up by the British Airways and Iberia. This comes as a spending expedition just as soon as they are done with their merging. In this, they are looking for Asia to be in their focus for the expansion.

It has been reported by the CEO Willie Walsh that by the end of this year, the merger of these two airlines will be accomplished. After this agreement, the two airlines will be known as International Airlines Group (IAG) and they have listed 12 good targets that will be focused upon, once their talks finish.

BA Plans Establishing a Global Airline Group

BA Plans Establishing a Global Airline Group

Willie Walsh, the Irish businessman who is on the post of Executive in British Airways for 5 years, announced in Mumbai, India, that he is planning the world’s largest airline group. The plan includes taking acquisition of about 12 other airline groups, including British Airways (BA) and Iberia, the Spanish alley airline.

Endeavors to Revamp LAX Concession Agreements Slow down Owing to City Hall Politics

Endeavors to Revamp LAX Concession Agreements Slow down Owing to City Hall Polit

In order to give a boost to the otherwise dowdy facility, which often gets murky ratings from travelers; new concessionaires are being drawn in at the Los Angeles International Airport. With this move, the food and shopping facility at the Airport will get a much-needed kick.

However, five months after the agreement was believed to be accepted, a new L. A. aspect has cropped up — the tousled politics of City Hall.

Aer Arran has entered in to bankruptcy protection

Aer Arran has entered in to bankruptcy protection

The regional airline of Ireland, Aer Arran has entered in to bankruptcy protection process as it has suffered with a loss of 18 million euros since the year 2008.

High Court of Dublin has appointed an examiner to test the internal financial condition of the airline. It is a process of Irish Company law which protects any company from its creditors when the company suffers with such a huge loss.

It also allows the firm to execute its upcoming restructuring plans. The airline which has 320 employees has said that the decision of the court would not affect its day by day business.

United and Continental get The ‘Go-Ahead’ for Merger

United and Continental get The ‘Go-Ahead’ for Merger

After the Justice Department’s approval on Friday, United Airlines (UAUA) and Continental Airlines (CAL) are now ready for the merger, which would be concluded by October the 1st of this year, resulting in the world’s biggest airline Company. Both of these airlines are prominent among the US airlines market. Therefore, it is predicted that the resulting airline would definitely be double as strong and would have even better market position.

787 Dreamliner Delivery to be Delayed

Boeing Co

The Boeing Co. will be incapable of delivering its often delayed 787 Dreamliner till the middle of February next year.

It had been planned by Boeing to deliver its first Dreamliner to Japan’s All Nippon Airways by the year’s end after over two years of postponements.

The firm’s executives have dropped a hint that the delivery might slide into early January.

But in the later parts of Thursday, Boeing gave confirmation that it was delaying the delivery of 787 till mid-February of the subsequent year.

FAA Trying to Eliminate Challenges for Private Space Travel

FAA Trying to Eliminate Challenges for Private Space Travel

The Federal Aviation Administration is facing the challenge of clearing the way for a private airline jet that is ready for its first flight within a few years. Other matters for worry with the aviation officials are to make passengers ready for flight and issues relating to logistics.

In Spite of a Drop in Net Profits, Airport Link to Complete as per Schedule

In Spite of a Drop in Net Profits, Airport Link to Complete as per Schedule

Brisbane airport road-link builder, BrisConnections said that the building of the road infrastructure project, which is worth A$5.6 billion, will be finished on its scheduled time in 2012. According to the Chairman of BrisConnections, Trevor Rowe, the firm and its new service provider have managed to finish 52% of the project.

Airport Link would help in enhancing traffic currents and a much stronger Brisbane community would evolve. Rowe said that the project is moving on time and within the budget.

Pilots Protest against Jetstar’s New Employment Contracts

Pilots Protest against Jetstar’s New Employment Contracts

In a protest to the Jetstar’s new employment contracts, its pilots are planning to initiate action against the airline with Fair Work Australia. Also, they are considering causing delays, on account of degrading wages and conditions.

On Monday, in Sydney, a meeting will held between 100 pilots and the airline, to talk about the Jetstar’s expansion plans in Asia and Europe, for which it is making employment agreements.

Passengers Can Get ‘Express Seats’ in American Airlines by Paying Extra Money

Passengers Can Get ‘Express Seats’ in American Airlines by Paying Extra Money

American Airlines Inc. has come up with a new scheme in which the passengers can get the front seats of the coach section by paying extra money.

The passengers will have to pay between $19 and $39 extra in order to sit on the `Express Seats' in the airline.

By paying extra, the passengers will also be able to board the plane in the first boarding group along with some select few people who sit in the business class section of the airplane.

Anne Banas, Executive Editor of SmarterTravel. com, says that in future travellers will get such schemes.

Difficult for Barclays Now to Afford Tam Bonds

Difficult for Barclays Now to Afford Tam Bonds

Tam SA, which is Brazil's second biggest carrier after a record rally in bonds, has made them quite costly for Barclays to afford it after the $3.7 billion takeover proposal from Chile's Lan Airlines SA.

Yields on Tam's 9.5% dollar bonds that are due for 2020 plunged by 123 basis points, or rather 1.23% points, which is of the highest level ever since they had been issued in the month of October, to 7.87% on news that Lan may presume Tam's arrears, as per the information given by Bloomberg.

BAA meeting Unite union representatives to settle dispute over pay increase

BAA meeting Unite union representatives to settle dispute over pay increase

UK airport operator BAA is meeting with representatives of the Unite union on Monday to find out a way to avert possible strike action by airport workers later this month.

Workers at six airports including London's Heathrow, Stansted, Glasgow and Edinburgh are in dispute with BAA over pay and working conditions.

Last week, ground staff rejected a 1 per cent pay offer, and voted in favor of strikes at country’s major airports later in August. The airport operator has also offered 0.5 per cent but that is conditional on changes to the firm's sickness agreement.

Delayed Flights Result in Multi-million Dollar Fines

Delayed Flights Result in Multi-million Dollar Fines

The three planes being operated by United Airlines crowned the three-hour maximum by five minutes or less. These three airlines reportedly were the only ones among thousands that underwent the delay.

The reason behind the delay, however, was the weather which prevented the employees from safely loading and unloading aircraft at a few points during the day.

Obama administrations new consumer-protection rule is said to intimidate the commercial airlines, for they fear the stiff fines that will have to pay for undue tarmac delays.

Flight Attendant Unhappy Over Passenger’s Behaviour

Flight Attendant Unhappy Over Passenger’s Behaviour

A 38-year-old, JetBlue flight attendant, Steven Slater, was unhappy when a passenger unintentionally hit him on his head with his baggage and didn’t say sorry to him. The two got engaged in an altercation over the incident and the passenger passed some curse words at Mr. Slater.

According to the airplane officials, Mr. Slater then went to the airliner’s PA system and expressed his anger towards all the passengers in the plane, especially at the person who hit him.

Broiling Heat Wave Has Its Toll on Puppies; Seven Die In Cargo Section of a Flight

American Airlines

In a heart-aching incident, it has been reported that as many as seven puppies have died, which were loaded in the cargo section of an American Airlines.

The broiling heat wave is being pointed as the reason for the tragic death of the seven pups.

As per the airlines officials, in the cargo section of the plane, about 15 puppies were loaded. It was pointed that the temperature at the airport at Tulsa was soaring at 85 degrees. Further, it was forecasted that the temperatures would reach at about 100 degrees.

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