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  Southwest Names CEO Kelly As Chairman   2008-5-22

Southwest Airlines said on Wednesday its board elected chief executive Gary Kelly as chairman.


  Italy Converts Alitalia Loan To Win Auditor Blessing   2008-5-22

The Italian government has agreed to convert a EUR300 million euro (USD$473 million) emergency loan to Alitalia into an asset on the ailing carrier's books, in a surprise move to win auditor approval for the airline's precarious finances.


  Ryanair CEO Says Oil Hurting, But Can Make Money   2008-5-22

Rising oil prices are hurting Ryanair, chief executive Michael O'Leary said on Wednesday, but Europe's biggest low-cost airline can still avoid making a loss with oil prices at USD$125 a barrel.


  Too Early For Talk About Alitalia Numbers   2008-5-21

A rescue plan for ailing carrier Alitalia calls for investment of EUR1.4 billion euros (USD$2.18 billion), an Italian newspaper said on Tuesday, but the adviser drafting it said it was too early to talk about numbers.


  Strike Closes 12 Norwegian Airports   2008-5-21

Another six Norwegian airports closed on Tuesday as a ground workers' strike escalated and continued to pinch the oil industry relying on airports in western Norway for access to its offshore oil and gas platforms.




  Malaysia Airlines Q1 Net Down 9.8 Percent   2008-5-21

State-controlled Malaysia Airlines on Tuesday reported a 9.8 percent drop in first-quarter profit due to higher fuel costs.


  US Warns Airline Over Paint Chips In Water Tank   2008-5-21

US health inspectors found paint chips and other debris in equipment used to deliver drinking water to Atlantic Southeast Airlines planes in Kansas, regulators said on Tuesday.


  Bombardier Wins USD$1.2 Bln Order From VistaJet   2008-5-21

Bombardier said on Tuesday it has won an order for business aircraft worth up to USD$1.2 billion from Switzerland's VistaJet.


  Argentina Authorizes Domestic Air Fare Increase   2008-5-21

Argentina's government raised domestic air fares on Tuesday for the second time in just over a month, responding to complaints from airlines about rising fuel and wage costs.


  SAS Flies Slower To Save Costs And Emissions   2008-5-21

Scandinavian airline SAS is flying slower to save on fuel costs and curb emissions of carbon dioxide in a new push to green up its image.




  Fahy leaves DHL Global Forwarding   2008-5-21

AIR Cargo News has learned that DHL Global Forwarding's president and chief executive officer, Chris Fahy (right), has reached an agreement to leave the company. The move was exclusively predicted by Air Cargo News issue 624, following a major restructuring in March.


  Cargoitalia in turmoil   2008-5-21

ITALIAN all-freight airline Cargoitalia, is searching for a buyer in the face of financial difficulties, as yet another widebody freighter operator suffers at the hands of the record high oil prices.


  Airport Slot Auctions Proposed For Newark, JFK   2008-5-20

The US government on Friday proposed to auction some takeoff and landing rights at the New York area's two international airports, as a way to boost competition, a plan that drew sharp criticism from airlines.


  China Airlines Has No Immediate Plan To Cut HK Flights   2008-5-20

Taiwan carrier China Airlines said on Monday it needs to wait until cross-strait relations improve before it decides whether to cut its Hong Kong-Taiwan passenger flights.


  Vietnam To Cut Import Duty On Aviation Fuel   2008-5-20

Vietnam will reduce the import duty on fuel and oil products used in the aviation sector to 5 percent from 15 percent to help domestic airlines avoid raising airfares, state media reported on Monday.




  XOJet To Get USD$2.5 Bln To Expand Its Fleet   2008-5-20

XOJet, a private aviation company backed by buyout firm TPG, said it has arranged USD$2.5 billion of financing to expand its fleet and better compete with rivals such as NetJets, owned by Warren Buffett's Berkshire Hathaway.


  Norwegian Airport Strike Felt By Oil Industry   2008-5-20

A ground workers' strike which has shut six Norwegian airports, and may close a further six on Tuesday, is affecting the North Sea oil and gas industry by hindering helicopter flights to offshore platforms.


  Russia's Superjet Makes Maiden Test Flight   2008-5-20

Russia's first new passenger plane since the 1991 fall of the Soviet Union, the Superjet-100, took off on its maiden test flight on Monday, inching Moscow closer to the lucrative regional civil aviation market.


  Alitalia Denies Having Trouble Paying Staff Wages   2008-5-20

Alitalia denied it was having difficulty paying its staff as the troubled airline waits to see if any new investors can save it from bankruptcy.


  Aegean Airlines Extends Q1 Losses   2008-5-20

Greek carrier Aegean Airlines reported on Monday a loss of EUR4.4 million euros (USD$6.86 million) in the first quarter, wider than the EUR2.6 million deficit in the same period last year.




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