Reuters reports that Aeroflot has agreed step in to help VIM, with one source saying it would offer 27m. Thousands more holding advance tickets have been left struggling to make alternative arrangements with no word about compensation or refunds. Operating revenue decreased.8 year-over-year to 927 million and costs fell.9 to 855.2 million, including.7 reduction of its fuel bill to 157.6 million. Flybe Profits fall.9 News reports state that UK regional carrier Flybes first-quarter revenue has fallen.9 as the airline continues to press ahead with restructuring. First-half revenue was.9 billion, down 4 compared to the year-ago period. Insurers, Travel Agents, Tour Operators, Policy Holders or their representing broker / intermediary will be notified in writing or by email which will serve as notice that cover is no longer provided in respect of a particular airline going forward. According to preliminary plans, the new carrier would operate with a fleet of 20 aircraft instead of the current. AB's 2011 revenue increased.7 year-over-year.23 billion. The airline - whose main owners are the governments of Denmark, Norway and Sweden - is facing stiff competition from low-cost carriers such as Norwegian Air Shuttle. Candinavian airline SAS to cut 1,500 jobs News reports state that Scandinavian airline SAS will launch an entirely new cost program and lay off 1,500 employees in a move to curb swelling losses. KyEurope first-quarter loss narrows News reports state that SkyEurope posted a loss.3 million (17.2 million) in its fiscal first quarter ended Dec.
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The CAA said it was making arrangements to fly customers home at the end of their holiday under its atol (Air Travel Organiser's Licensing) scheme. The carrier halted flights earlier on Wednesday, mere hours before German aviation authorities revoked its operating license for the time being, according to a spokesman for the company. Quarterly interest expenses totaled BRL81.3 million while foreign exchange losses were BRL29.9 million "mainly due to the impact of the.2 appreciation of the dollar on the company's foreign currency debt Gol said. Group revenue increased.3, to 615.3m, compared with 595.5m in 2011. Speaking yesterday, CEO Michael O'Leary said the radical U-turn was a bid to avoid travel chaos for customers during Christmas week. Etihad said the majority of its loss was a result of exceptional costs related to a write-down in value and early phase-out of some aircraft types, as well as a 808m charge related to exposures to its equity partners, including Alitalia, which recently collapsed into. Cirrus Airlines ceases operations News reports state that German regional carrier Cirrus Airlines (C9) ceased operations Jan. It didn't describe those items.
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