Airlines
Air Canada announced it would drop litigation that would prevent Partnerships in World Air (PWA) from closing its deal with AMR Corp, apparently after agreeing to compete with PWA's Canadian International Airlines on certain Asian routes. Meanwhile, BCE Inc. reported a significant loss for 1993, a $656-million loss
Airlines
Air Canada's Aeroplan program has strengthened its ties with Air France, allowing Canadian residents to accumulate points on flights across five continents. The new arrangement also includes United Airlines and Lufthansa, which have partnered with each other to offer reciprocal mileage credits on flights worldwide. This expanded partnership
Airlines
Paul Nelson, the long-standing president and CEO of Gemini Group Automated Distribution Systems Inc., has resigned from his position, effective January 31. Nelson has led the company since its formation in 1987 as a partnership between Air Canada and PWA Corp., later joined by Covia Corp. However, the company has
Airlines
The US State Department has called on Gabon to respect human rights after the country's presidential guards blocked seven opposition leaders, including four former candidates, from boarding a flight to Paris and Washington. The move is seen as part of a broader crackdown on opposition politicians, who have
Airlines
As Poland's LOT airlines and Hungarian national carrier MALEV struggle with competition from Western carriers, they are not alone in the challenge. Eastern European airlines, once the darlings of their countries' centrally run economies, are now facing the brutal realities of competition in a market-driven world. The
Airlines
Airbus Industrie, the European aircraft maker, reported a 9.2% increase in revenue in 1993, reaching $8.3-billion (U.S.) from $7.6-billion in 1992. However, the company faced significant challenges, including a decline in total plane sales and large order cancellations for the second consecutive year. Despite these setbacks,
