São Paulo Guarulhos airport (IATA code: GRU) is quite possibly the plane spotter's haven given the diversity in aircraft movements. The airport continues to attract new service from a growing list of foreign carriers from virtually every continent across the globe. The airport is slot-restricted to handle only 45 aircraft movements per hour, creating intense competition for global carriers to launch new service to GRU.
Despite this constraint, new airlines are ...
This week, Delta Air Lines, Inc. purchased a 49% share in Virgin Atlantic for $360 million USD from Singapore Airlines (SIA), signifying yet another dynamic shake-up in the evolving world of cross-airline partnerships, alliances and agreements as global carriers fight tooth and nail to stay in the black and maintain market share presence in competitive environments.
Singapore had purchased the same equity stake in Virgin back in the 1990's, paying nearly three times the price at ...
Qatar Airways makes the official announcement of its entry into Oneworld on its Facebook page in New York on October 8, 2012. Pictured here are American Airlines Chairman and CEO Tom Horton, Qatar Airways CEO Akbar Al Baker, IAG CEO Willie Walsh, and Oneworld CEO Bruce Ashby.
To catch all live news on Qatar Airways and the Oneworld announcement, you can follow them @QatarAirways and use the Official Hashtag #QatarOneWorld
The cat is out of the bag: after ...
[slideshow]
Emirates Airline of Dubai is in talks with American Airlines' parent company AMR Corp surrounding a partnership launch that will involve code-sharing on flights and reciprocal frequent flier benefits, according to FlightGlobal.com.
The two carriers have apparently been engaging in discussions since late last year, says Emirates president Tim Clark, who spoke from Washington Dulles airport. Clark was on-site in light of Emirates' inaugural service launch from ...
Etihad Airways has been cleared by the Australian government to up its equity stake in Virgin Australia from the current 4.99% it bought earlier this year to a maximum of 10%! This will give Virgin Australia even more foreign ownership with 10% owned by Etihad, 19.9% by Air New Zealand, and 26% by Richard Branson’s UK based Virgin Group, for a total foreign ownership of 55.9%. Note that as of 2012, the Australia Foreign Investment policy capped foreign ownership at 49%, how this will ...
In February of 2012 Etihad invested in Air Seychelles and bought a 40% stake in the airline. Now Etihad is upping the ante and incorporating Air Seychelles more than ever before. The first adjustments were Air Seychelles flights to Abu Dhabi and code shares on Etihad's extensive route network, the carriers now fly 8x a week (4x a week by Air Seychelles and 4x by Etihad) between the two destinations, up from zero in 2011! However, on June 16, 2012 the tiny Air Seychelles will be engulfed by ...
