Airline | OTC Capital Partners
Tuesday, February 7, 2012

Top EU court upholds carbon airline law

Posted by Reuters: Business News on December 21, 2011

LUXEMBOURG/BRUSSELS (Reuters) – Europe’s highest court gave unreserved backing on Wednesday to an EU law to charge airlines for carbon emissions on flights to and from Europe, a decision likely to escalate tension with trading partners, especially the United States.



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Hawaiian Airlines orders Airbus planes worth $1 billion

Posted by Reuters: Business News on November 17, 2011

PARIS (Reuters) – Honolulu-based Hawaiian Airlines ordered five additional A330-200 aircraft from European planemaker Airbus on Thursday to help expand its network and replace Boeing 767-300 planes, the airline’s chief executive said in an Airbus statement.



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Boeing 787 Dreamliner hit by landing gear glitch

Posted by Reuters: Business News on November 7, 2011

TOKYO (Reuters) – Boeing Co and All Nippon Airways are investigating a landing gear problem on the 787 Dreamliner, the first technical glitch reported since the new jetliner entered service less than two weeks ago, the airline said on Monday.



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Qantas offers free flights to woo back customers

Posted by Reuters: Business News on November 6, 2011

SYDNEY, NOV 6 – Qantas Airways is offering free flights to passengers who were affected by the airline’s decision to ground its entire fleet over a labor dispute, in the first of a number of measures to regain customer loyalty.



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Australia’s Qantas, unions face off over fleet grounding

Posted by Reuters: Business News on October 30, 2011

MELBOURNE (Reuters) – Qantas Airways and its unions appeared before a labor tribunal on Sunday with Australia’s prime minister urging an end to the industrial dispute that grounded the airline’s entire fleet, stranding tens of thousands of passengers.



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Boeing scrubs planned first delivery of 747-8F

Posted by Reuters: Business News on September 17, 2011

(Reuters) – Boeing Co said on Friday it would not make the planned first delivery of its 747-8 Freighter to Cargolux on Monday, citing “unresolved issues” with the airline.



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Rolls-Royce, Qantas settle A380 engine dispute

Posted by Reuters: Business News on June 22, 2011

SYDNEY (Reuters) – Rolls-Royce and Qantas have reached a settlement over an Airbus A380 engine explosion last year that forced a jet with 469 people on board to make an emergency landing and grounded much of the airline’s fleet.



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Airline profit fears as trade fight looms with Europe

Posted by Reuters: Business News on June 5, 2011

SINGAPORE (Reuters) – Global airlines will spell out the cost of a whirlwind of disasters, political unrest and high oil prices on Monday while mounting an all-out offensive against European plans to make them pay extra for carbon emissions.



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Delta offers some voluntary buyouts as fuel weighs

Posted by Reuters: Business News on May 8, 2011

CHICAGO (Reuters) – Delta Air Lines Inc is offering voluntary early retirement and buyout plans to some employees as the airline tries to operate more efficiently in the face of high fuel costs.



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Airlines results hit by soaring fuel costs

Posted by Reuters: Business News on April 21, 2011

CHICAGO (Reuters) – Skyrocketing fuel costs and disasters in Japan took a bite of out major U.S. airline earnings reported on Thursday, but higher fares helped the carriers, including United Continental Holdings , meet or beat Wall Street forecasts.



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