Pilots union opposes immunity for American Airlines deal with BA, IberiaOctober 9th, 2009 Pilots union rips immunity for American AirlinesFORT WORTH, Texas — The pilots' union at American Airlines said Friday it opposed antitrust immunity for the carrier's proposed joint venture with British Airways and Iberia. The Allied Pilots Association cited objections to the deal raised by European regulators, and said American refused to address job-security concerns.
JetBlue, Lufthansa sign codeshare agreementAugust 31st, 2009 JetBlue, Lufthansa ink codeshare dealNEW YORK — JetBlue Airways and German air carrier Lufthansa have signed a codesharing agreement following the decision by Lufthansa's parent to buy a stake in JetBlue. Codesharing allows airlines to sell seats on each other's flights.
European Commission approves German airline Lufthansa's takeover of Austrian AirlinesAugust 28th, 2009 EU clears Lufthansa's Austrian Airlines takeoverFRANKFURT — German airline Deutsche Lufthansa AG said Friday the European Commission has approved its takeover of Austrian Airlines Group, allowing it start integrating the company in September. Cologne-based Lufthansa is taking over about 42 percent of the shares of Austrian Airlines owned by the government for about €336,000 ($480,000), according to the European Commission.
Lufthansa group July passenger levels rise 12 percent, helped by BMI, rising demandAugust 11th, 2009 Lufthansa's July passenger numbers up 12 pctFRANKFURT — Deutsche Lufthansa AG said Tuesday that its group passenger numbers increased by 12 percent on the year in July, helped by small increases in demand in Europe and Asia and the consolidation of British carrier BMI. Cologne-based Lufthansa said the group, which also includes Swiss International Airlines, transported 7.2 million passengers last month — up from 6.4 million a year earlier, a figure that was weighed down by strikes.
Ailing Austrian Airlines reports 1H, Q2 losses amid 'extremely weak demand'August 4th, 2009 Austrian Airlines runs up 1H, Q2 lossesVIENNA — Austrian Airlines, the ailing carrier due to be taken over by Germany's Lufthansa, reported losses for the second quarter and first half of the year on Tuesday, blaming the slump in demand affecting the global aviation industry. The airline experienced a loss of euro78.5 million ($113 million) in the April-June period, compared with a profit of euro11.7 million ($16.8 million) a year earlier, a company statement said.
EU to approve Lufthansa bid for Austrian AirlinesJuly 31st, 2009 EU to OK Lufthansa bid for Austrian AirlinesBRUSSELS — The European Union's antitrust chief says she will clear Lufthansa's bid for Austrian Airlines. EU Competition Commissioner Neelie Kroes said Friday that EU governments and the European Commission would still have to formally approve the takeover.
German airline Lufthansa 2Q net profit falls 88 percent to €40 millionJuly 30th, 2009 Lufthansa 2Q net pft falls 88 pct to €40 millionFRANKFURT — Airline Deutsche Lufthansa AG said Thursday its second quarter profit fell 88 percent on a slump in sales — especially of lucrative first- and business-class seats — due to the global recession. The Cologne-based airline, Europe's largest by sales, earned €40 million ($56 million) in the April-June period compared with €337 million a year ago.
German airline Lufthansa wants Austrian authorities to extend Austrian Airline merger deadlineJuly 28th, 2009 Lufthansa seeks Austrian merger deadline extensionFRANKFURT — German airline Deutsche Lufthansa AG said Tuesday it has applied for a month-long extension to the deadline to merge with Austrian Airlines in order to fulfill certain obligations for the deal. In a brief statement, the Cologne-based airline said it had applied to the Austrian Takeover Commission for the extension — to Aug.
Transportation Dept. grants Continental antitrust immunity to work closely with other airlinesJuly 10th, 2009 DOT grants antitrust immunity to ContinentalDALLAS — The Transportation Department on Friday granted Continental Airlines Inc. immunity from antitrust laws, allowing it to work closely with a group of other carriers, including United Airlines, on international service.
Some routes not covered by antitrust immunity granted to Continental and other airlinesJuly 10th, 2009 Some routes not covered by antitrust immunityFederal regulators granted Continental Airlines Inc. immunity from antitrust laws to work with nine other airlines — letting them act as a single carrier on international service.
EU says Lufthansa is not allaying antitrust concerns on Austrian Airlines takeoverJuly 10th, 2009 EU warns Lufthansa on Austrian takeoverBRUSSELS — European Union regulators charged Friday that Lufthansa AG has not done enough to allay antitrust concerns over its bid for Austrian Airlines and they are now unlikely to approve it by the end of the month. Lufthansa has the right to pull out of the takeover if EU approval doesn't come through by July 31.
Ailing Austrian Airlines to cut 1,000 jobs by mid-2010 to boost competitivenessJuly 2nd, 2009 Austrian Airlines to cut 1,000 jobsVIENNA — Austrian Airlines, the ailing carrier due to be taken over by Germany's Lufthansa AG, said Thursday it will cut about 1,000 jobs by mid-2010 as part of an effort to boost its competitiveness. In a statement, the airline said the downsizing would happen in stages and include layoffs.
Continental Airlines' bid for antitrust-immunity with United hits snag at Justice DepartmentJune 17th, 2009 New snag for Continental antitrust-immunity bidDALLAS — Continental Airlines' bid to work closely with United Airlines and others on trans-Atlantic service has hit a new snag, with the Justice Department seeking to review the plan. The Transportation Department gave preliminary approval in April to Continental's request for antitrust immunity so it could coordinate prices and schedules with United.
Memory chip company Rambus settles EU antitrust probe with new licenses, avoids finesJune 12th, 2009 Rambus settles EU antitrust probe, avoids finesBRUSSELS — Memory chip company Rambus Inc. said Friday that European Union antitrust regulators had provisionally agreed to drop a probe and any fines if the company reduced its royalty rates for DRAM patents.
EU says it prefers Microsoft to provide several browsers with Windows instead of none at allJune 12th, 2009 EU: browser-free Windows gives no real choiceBRUSSELS — European Union regulators on Friday said Microsoft Corp. was offering less choice, not more, by vowing to sell the next version of Windows without the Internet Explorer browser in Europe to soothe EU antitrust concerns.
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