ATW Daily News ATW
Daily News
Business news and events affecting the global airline industry |  |
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ATW News â For latest news go to ATWOnline.com
| Helen Massy-Beresford  Air France-KLM CEO Jean-Marc Janaillac will submit his resignation next week after a majority of Air France employees rejected a pay proposal in a staff-wide consultation that had been his high-stakes bid to extract the airline from a costly labor relations crisis.
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| Jens Flottau  The board of Norwegian Air Shuttle (NAS) has rejected two offers for a full takeover by International Airlines Group (IAG) since the group made public its initial small investment.
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| Jens Flottau  International Airlines Group (IAG) posted a significantly higher operating profit in the first quarter and assured investors its full-year result will be better than last year despite rising fuel prices.
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| Adrian Schofield Premium Content ICAO is involved in moves that could lead to improved aviation cooperation between North and South Korea.
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| Kurt Hofmann .jpg) Chicago-based United Airlines and Frankfurt-based Lufthansa Cargo (LHC) launched a joint venture (JV), effective May 3. The JV agreement was signed April 20, 2017.
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| Kurt Hofmann Premium Content Airlines for Europe (A4E), which has been lobbying to reduce aviation taxes in eight European countries, has said that when Austria cut air travel taxes in half at the beginning of this year, Austrian Airlines saw a 13% increase in passenger growth in the first quarter alone, according to a study by PricewaterhouseCoopers (PwC).
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| Helen Massy-Beresford Premium Content  Air France-KLM warned its 2018 operating profit would be “notably below” 2017’s because of the financial impact of ongoing Air France strikes, currency fluctuations and a fuel bill that is €350 million ($419 million) higher than last year’s.
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ATW Editorâs Blog
| Karen Walker Today's news that Air France-KLM CEO Jean-Marc Janaillac will offer his resignation next week raises questions.
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