New US Security Restrictions Could Hurt Airlines
December 28, 2009
Tighter security measures at US airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say.
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JAL Bankruptcy Proposed As Option To Banks
December 28, 2009
A state-backed turnaround fund may seek to put Japan Airlines through bankruptcy court if it decides to support the struggling carrier, two sources with knowledge of the matter said.
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US Boosts Airline Precautions Amid Recriminations
December 28, 2009
The United States tightened airline security amid growing questions about how a Nigerian man with alleged ties to militants smuggled explosives aboard a transatlantic flight and attempted to blow it up.
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US Says No Sign Jet Incident Part Of Bigger Plot
December 28, 2009
There are no signs that the incident in which a Nigerian man has been charged with trying to blow up a US passenger jet bound from Amsterdam to Detroit was part of a larger plot, a senior US official said on Sunday.
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Second Detroit Plane Scare Draws Tough Response
December 28, 2009
Northwest Airlines flight 253 from Amsterdam was involved in an emergency incident on its approach to Detroit on Sunday, CNN reported.
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3 Years On, Still No Let-Up In Flight Bomb Risk
December 26, 2009
Is air travel any safer from militant attacks, three years after a group of men tried to blow up transatlantic airliners using liquid explosives?
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US Says Al Qaeda-Linked Man Tried To Blow Up Plane
December 26, 2009
A Nigerian man linked to al Qaeda tried to set off an explosive device aboard a Delta Air Lines plane as it approached Detroit on Friday, but was overpowered by passengers and crew and the aircraft landed safely, officials said.
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United, Continental, ANA Seek US Antitrust Waiver
December 24, 2009
United Airlines, Continental Airlines and Japan's All Nippon Airways said on Wednesday they are seeking a waiver of antitrust rules from the United States to allow them to coordinate flights and fares across the Pacific.
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JAL Seeks Bailout, Juggles Delta, American Offers
December 24, 2009
A decision on whether Japan Airlines will be kept afloat with taxpayers' money or allowed to go bankrupt will be made over the next few weeks.
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LAN To Buy 30 Airbus A320s For USD$1.97 Bln
December 23, 2009
Chile's flagship airline LAN said on Wednesday it has signed a contract to buy 30 Airbus A320 short-haul planes worth around USD$1.97 billion as part of its fleet renewal.
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Plane Overshoots Jamaica Runway, Dozens Hurt
December 23, 2009
An American Airlines Boeing 737 carrying more than 150 passengers and crew overshot the runway while landing in torrential rain in Jamaica late on Tuesday, cracking open its fuselage and halting just short of the Caribbean sea, authorities and eyewitnesses said.
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Belgium Takes Sabena Dispute To UN Court
December 22, 2009
Belgium said on Tuesday it would take Switzerland to the World Court in The Hague as it seeks damages over a dispute regarding the bankruptcy of Belgian airline Sabena.
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Aeroflot 9 Month Profit Rises 20.7 Percent
December 22, 2009
Russian airline Aeroflot said on Tuesday nine-month net profit reached USD$170.4 million, up 20.7 percent from the year-earlier period, thanks to the company's anti-crisis cost-cutting measures.
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China Eastern To Invest USD$52 Mln In Hefei Airport
December 22, 2009
China Eastern Airlines has agreed to invest up to CNY352 million yuan (USD$52 million) into the construction of Hefei airport in China's eastern province of Anhui, the carrier said in a statement on Tuesday.
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No Japanese Guarantees For Struggling JAL
December 22, 2009
Japan's government will not offer guarantees on funding to Japan Airlines, Finance Minister Hirohisa Fujii said on Tuesday, eliminating one potential source of support for the carrier as it struggles for survival.
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