Tuesday , February 20 2018
Home | 2017 | December | 12

Daily Archives: December 12, 2017

Government should let foreign airlines bid for Air India, says IATA boss

International Air Transport Association (IATA) Chief Executive and Director General, Alexandre de Juniac, proposed that the Indian government should sell its shares in the national carrier, Air India. De Juniac lauded the government’s move to divest its stake in Air India. “We support privatization of Air India. But the company has to be privatized in right conditions,” De Juniac remarked. Pressed to elucidate on what the right conditions were, de …

Read More »

EU, China finalize new aviation agreements for certification standardization and liberalization

The European Commission and China have finalized the following agreements that would help facilitate market access: European Commission and China concluded (08-Dec-2017) the following agreements aiming to facilitate market access: Bilateral Civil Aviation Safety Agreement: Will take away the needless duplication of evaluation and certification activities for aeronautical products by the civil aviation authorities, therefore lowering costs. The initialing of the agreement will also advance ongoing certification processes for European …

Read More »

EU expresses concerns on impact on competition over Lufthansa’s plan to take over Air Berlin routes

The European Union voiced out its concerns over the possible impact on competition Lufthansa’s takeover of Air Berlin’s routes might have on competition. “We have quite deep competition concerns because there is a risk that on some routes Lufthansa becomes de facto a monopoly,” said EU Competition Commissioner, Margrethe Vestager. The caution comes in the wake of Lufthansa offering concessions to persuade the European Commission to approve its proposed purchase …

Read More »

British government urged to prioritize Brexit aviation deal to avoid trade hit

The government has been asked to think of the aviation industry in its Brexit negotiations to shield the country from hits to trade and investment. The Independent Transport Commission think-tank – a leading research charity – has publicized a report claiming that a lack of support for the aviation sector can result in trade damages once the UK departs the European Union in March 2019. Former Bank of England economist …

Read More »

Air Travel Fairness appeals to DOT to stop approval of airline antitrust immunity

The Air Travel Fairness, a traveler advocacy group based in the United States, has urged the United States Department of Transportation (DOT) to rebuff any applications from airlines for either new or amended antitrust immunity (ATI) pacts between carriers. The group said that protections must first be implemented to shield consumers from the damage these cartel-like schemes inflict. Airlines with antitrust immunity are free to collaborate with each other on …

Read More »