Airlines
When the U.S. news network predicted a looming invasion of Haiti, it triggered a media frenzy, attracting international journalists and sparking a media invasion of the embattled island nation. The anticipation of military action drew top war correspondents, including Christiane Amanpour and Peter Arnett of CNN, who arrived in
Airlines
The European Union has approved a significant bailout for France's loss-making flag carrier, Air France, amidst controversy and expected opposition from Britain and other non-subsidized European airlines. The EU's executive body, the Commission, has allowed France to extend a capital injection of $3.68 billion (20
Airlines
A near collision between an American Airlines jet and a helicopter at Chicago's O'Hare International Airport on Friday night has reignited debate over the Traffic Alert and Collision Avoidance System (TCAS). The National Air Traffic Controllers Association claims that the system may cause a major air
Airlines
Cleveland Hopkins International Airport, already experiencing its busiest year ever, is expected to receive even more flights as Continental Airlines prepares to announce its plans to expand service in the city. The announcement, scheduled for July 25, has city officials and industry observers alike eagerly anticipating the possibility of a
Airlines
Employees of United Airlines have achieved a rare feat, gaining majority control of the nation's largest air carrier by trading significant wage and work-rule concessions for 55% of the company's stock. This bold move, facilitated by a seven-year string of failed buyout attempts, is expected to
Airlines
John A. Edwardson, the 44-year-old chief financial officer of Ameritech Corporation, has been selected as the new president of United Airlines, taking over the number two spot under chairman and chief executive Gerald Greenwald. Edwardson leaves Ameritech next Thursday, after serving in senior financial roles at Northwest Airlines and Ameritech.
Airlines
The Australian government has agreed to sell its 75 per cent stake in Qantas, the national airline, to the public and financial institutions for AUD$2 billion (approximately £1 billion) early next year. This move comes after earlier attempts at floating the airline on the stock market were shelved due
Airlines
ASI Technologies, a Melbourne-based aviation company, is at the forefront of innovation in aircraft sound and communication technology, earning a spot in the Telecom and Victorian Government Small Business Awards. The company has secured a significant $12 million contract with Pakistan Airlines to equip their aircraft with cutting-edge cockpit technology,
Airlines
A USAir DC-9 jet, carrying 55 people, crashed into a house near Charlotte-Douglas International airport in a thunderstorm on a fateful night, resulting in the deaths of at least 18 people and injuring many others. The plane, which took off from Columbia, S.C., as USAir Flight 1016, was unable
Airlines
The crash of a China Airlines (CAL) Airbus 300-600R in Nagoya, Japan, on April 26, killing 264 people, has left the carrier facing severe safety concerns and financial struggles. The incident marked the 10th worst airline accident in history, and Japanese investigators have tentatively blamed pilot error. The crash is
Airlines
Singapore Airlines placed a $1.65 billion order for 11 Boeing 747-400 jumbo jets, with options for 11 additional airplanes that could be 747s or 777s worth up to $3.25 billion. The carrier also ordered $5.4 billion in firm orders for 10 planes and options for 20 others
Airlines
Singapore Airlines has placed a $5.4 billion order with Airbus Industrie for 30 ultra-long range A340-300 aircraft, marking a significant victory for the European consortium. The order includes 10 firm orders and 20 options, with the potential for some or all of the options to be switched to the
