Air Canada, Austrian Airlines expand transatlantic JV
Star Alliance members Air Canada and Austrian Airlines are expanding their transatlantic joint venture (JV) as they launch new services. Austrian Airlines launched daily Vienna-Montreal services and Air Canada took over Austrian’s daily Toronto Pearson-Vienna services from April 29. “In this JV we share risk, revenue and commercial costs. Air Canada offers connections to 63 […]
New process for review and authorization of air carrier joint ventures now in place
Canadians rely on an aviation sector with diverse international travel offerings for both business and leisure travel. Growing Canada’s international air transportation networks allows airlines to provide passengers and businesses with greater connectivity, to grow their businesses and compete globally. The Honourable Marc Garneau, Minister of Transport, announced that effective today, the Minister of Transport […]
Comunicado de American Airlines sobre el Joint Business Agreement con LATAM Airlines
American presentó en la jornada de ayer su caso ante la Corte Suprema de Chile, demostrando que el Joint Business Agreement (JBA) de la aerolínea con LATAM Airlines Group transformará los viajes entre los Estados Unidos y América Latina, ofreciendo mejoras significativas a clientes, incluyendo una red de rutas superior con mayor conectividad, tarifas más […]
American and LATAM tout new routes in case for joint venture
American Airlines and LATAM Airlines Group promise millions of dollars in consumer benefits in their application to US authorities for an immunised joint venture. The Oneworld Alliance carriers tout up to $273 million in annual benefits from their proposed tie up that would cover flights between the USA and Brazil, Chile, Colombia, Paraguay, Peru and […]
Cathay Pacific and Lufthansa Cargo joint venture fully expanded
Cathay Pacific’s cargo division and Lufthansa Cargo have started eastbound shipments from Europe to Hong Kong under their joint business agreement (JBA). Under the JBA framework, Hong Kong is connected directly to Frankfurt, Amsterdam, Barcelona, Brussels, Dublin, London (Gatwick and Heathrow airports), Madrid, Manchester, Milan, Munich, Paris, Rome and Zurich. In addition to the capacity […]
Azul pulls out of e-commerce joint venture with Correios
Brazilian passenger airline Azul has pulled out of a proposed joint venture with national postal service Correios to launch a logistics platform serving Brazil’s e-commerce sector. Azul said that its cargo business grew revenues by a record 57% in 2018, “significantly higher than originally projected when the company initiated its discussions with Correios”. Added an […]
Boeing y Safran anuncian el nombre de su nueva joint-venture para la fabricación de APU: Initium Aerospace
Boeing y Safran han anunciado hoy el nombre de su joint-venture, en la que cada socio participa al 50%, para el diseño, la fabricación y el mantenimiento de unidades auxiliares de potencia (APU): Initium Aerospace. Por su raíz latina, «initium» significa «el inicio» o «el arranque». Y esto es precisamente lo que hace una APU: […]
Azul e Correios têm parceria aprovada no Cade; falta o TCU
Foi aprovada hoje, pelo Conselho Administrativo de Defesa Econômica (Cade), a parceria entre a Azul Linhas Aéreas e os Correios, que prevê a criação de uma empresa de logística integrada de transporte de cargas. Falta, porém, uma aprovação do Tribunal de Contas da União (TCU) para a aliança sair do papel. Em formato de joint […]
Regulador brasileño aprueba joint venture entre aerolínea Azul y Correos para transporte de cargas
El Consejo Administrativo de Defensa Económica (Cade) informó que aprobó este miércoles la creación de la joint venture formada por la compañía aérea Azul y Correos para servicios de transporte de carga y maletas. Según el órgano antimonopolio, el negocio permite mayor efectividad en el transporte ofrecido por Correos y el uso más rentable de […]
Acordo entre Embraer e Boeing enfrenta oposição de investidores e sindicatos
A Associação Brasileira de Investidores (Abradin) apresentou uma interpelação à Justiça de São Paulo para questionar a administração da Embraer e a União sobre a necessidade de realização de uma oferta pública de aquisição(OPA) por conta do acordo de venda da principal divisão da companhia para a Boeing. O instrumento jurídico tem como função oficializar […]
