Airlines
A staggering number of significant stock trades took place in Canada, showcasing the country's dynamic financial market. The trades involved well-established companies, with many having a substantial impact on the market. Notable companies such as Air Canada, Alberta Energy Corporation, and Royal Bank of Canada saw substantial trades.
Airlines
As passengers arrive and depart at Pearson International Airport, they may not notice the crumbling structure of the Terminal 1 parking garage, a once-iconic showplace in airport design that has seen better days. Located just 30 years ago, the garage's concrete has flaked off due to the relentless
Airlines
Canadian Airlines International Ltd. is asking employees for wage concessions for the second time in two years to cut costs by a reported $200-million a year. The move has been met with skepticism by union officials, who argue that the airline cannot expect employees to take pay cuts without first
Airlines
Spain's state-owned Iberia airline has reached an agreement with union negotiators on a restructuring plan that includes pay cuts and staff reductions. The agreement, which was reached in early morning, includes an 8.3 percent pay cut and a reduction of 3,500 jobs, ending a wildcat strike
Airlines
Senior executives from Qantas and British Airways met this week to discuss a preliminary strategy to fight the Trade Practices Commission's (TPC) decision blocking their plans to pool resources and fix prices on the lucrative Australia to Europe route. The joint airline agreement, which would have combined their
Airlines
The Australian government's wage reform agenda has hit a stumbling block, with concerns raised over the potential impact of across-the-board wage rises on inflation and unemployment. Industry experts argue that such rises, averaging around 15%, would inevitably lead to higher interest rates and lower competitiveness. Meanwhile, union leaders
Airlines
Ground-to-air telephone calls, a convenience long unavailable to air travelers, is now a reality on over 400 aircraft operated by major airlines. GTE Airfone's digital technology, known as GenStar, allows passengers to receive clear connections and reliable calls. Airlines such as Delta, USAir, United, Shuttle by United, Reno
Airlines
Canadian corporations have been building partnerships with international businesses to leverage resources, expertise, and global reach. This list features 62 companies from various industries, including telecommunications, technology, finance, and energy, that have collaborated with foreign entities in Canada. The list includes well-established companies such as Air Canada, IBM Canada, and
Airlines
AeroSpace Technologies of Australia, the Victorian aircraft maintenance group, has bounced back from its recent setback in securing a Qantas contract. The company has won new contracts with Cathay Pacific Airways and other airlines, saving 300 jobs in the process. These contracts will see ASTAAS undertake routine heavy maintenance and
Airlines
In a recent series of developments, key players in the global airline industry have shared updates on their strategies and performance. Cathay Pacific has ruled out participating in the equity issue by Ansett, while Airbus Industrie is pushing to tap into the growing Chinese market. Meanwhile, the demand for executives
Airlines
New Zealand's Transport Minister, Mr. Maurice Williamson, will meet with his Australian counterpart, Mr. Brereton, on November 10th to discuss the row over a single trans-Tasman aviation market. The meeting comes after the Australian government withdrew permission for Air New Zealand to operate domestic flights in Australia, citing
Airlines
Qantas has announced plans to operate six charter flights from Melbourne and Sydney to the South Pole starting on New Year's Eve, marking the first sightseeing trips to Antarctica since a devastating accident in 1979. The non-stop return charter flights will use Boeing 747-300 aircraft, flying along the
