LUFTHANSA is to cut 20 per cent of its administrative jobs as part of a €1 billion (US$1.41 billion) cost-cutting…
July 23, 2009
Americans second quarter cargo drops 42 per cent
23 / 07 / 2009
AMERICAN Airlines’ parent company – AMR – has posted a loss of US$390 million for the second calendar quarter. Revenues…
Gatwick sale stalls
23 / 07 / 2009
GATWICK’S sale by BAA is still stalled after the two leading bidders have walked away from the negotiating table. BAA…
Continental cuts jobs after heavy Q2 loss
23 / 07 / 2009
CONTINENTAL Airlines is to slash 1,700 jobs and raise luggage fees following its posting of a US$213 million loss for…
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