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Tag Archives: Delta

Jet Airways hires merger and acquisitions expert, Piero Ceschia, ahead of possible bid for Air India

Jet Airways has announced the hiring of Piero Ceschia, a Senior Executive from Delta Airlines, who has earned a reputation for his expertise in merger and acquisitions, right before a potential run for Air India. Ceschia previously served as Vice President for Strategic Alliances in Delta. He has also had senior finance and corporate strategy roles in Air France-KLM and Alitalia. Ceschia’s expertise however, is largely in the areas of …

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Emirates Airline President believes a truce with US rivals could benefit them all

Tim Clark

Emirates Airlines President, Sir Tim Clark, says that his company and its United States rivals – American, Delta, and United Airlines – would all do well to agree on a truce. At the same time, Clark bewailed the campaign that his rivals are using in this long-standing dispute. “They need to grow up and we need to have a mature way of going about our business,” Clark said in a …

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Nigeria: Delta yet to inform Accident Investigation Bureau regarding emergency landing

The Accident Investigation Bureau (AIB) had yet to receive any information from Delta Airlines regarding the emergency landing its Atlanta-bound flight made earlier this week at the Murtala Muhammed International Airport in Lagos. AIB Commissioner, Akin Olateru, declared that the airline’s action was a clear breach of Nigeria’s aviation laws and regulations. Delta Air Lines Flight 55 which was travelling from Lagos to Atlanta, took off at around 10.50 pm …

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Airline executives laud Trump administration’s arrangement with Qatar over subsidies

Airline executives and labor groups heaped praise on the agreement that was reached between the Trump administration and Qatar geared towards resolving a dispute over alleged unfair subsidies. “Today’s agreement by the State of Qatar is a strong first step in a process for commercial transparency and accountability, and we remain committed to working with the administration to address the harmful trade violations by the United Arab Emirates as well,” …

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US Government set to finalize agreement with Qatar to ease “Open Skies” conflict

The United States government has relayed to US carriers that Secretary of State, Rex Tillerson, would be finalizing an agreement with Qatar wherein state-owned Qatar Airways would pledge to be more transparent with its financial records, and declared that it holds no plans to operate fifth freedom flights to the US. The upcoming accord comes after the State Department told US airlines in December that it wouldn’t revisit negotiations regarding …

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Arab Air Carriers Organization lauds removal of US corporate tax plan for foreign carriers

The Arab Air Carriers Organization (AACO) has hailed the removal of the much talked about United States proposal to levy corporation tax on Arabian Gulf airlines. AACO’s Secretary-General Abdul Teffaha expressed his satisfaction with the news that the amendment – tabled last month by US Senator Johnny Isakson of Georgia – was pulled from the bill. “Reason prevailed,” he said. The amendment, put in by Isakson, called for airlines headquartered …

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Smaller U.S. airlines bash Senate tax bill provision targeting Gulf carriers

JetBlue Airways, Hawaiian Airlines and other U.S. passenger and cargo carriers are vehemently opposing a provision in the Senate tax bill that would mandate several foreign airlines to pay U.S. corporate taxes on part of their profits. The three major U.S. carriers — Fort Worth-based American Airlines, Atlanta-based Delta Air Lines and Chicago-based United Airlines — are embroiled in a long-running trade row with Persian Gulf carriers Emirates Airline, Etihad …

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United States: Senate tax proposal could prove costly for foreign carriers

A proposal included in the Senate tax bill could prove costly to foreign airlines, including Gulf-based airlines that have been accused of receiving billions of dollars in unfair state subsidies. The provision would compel specific carriers that are based outside of the country to United States corporate taxes on money earned in the country if U.S. airlines do not have at least two weekly departures to or arrivals from the …

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Delta reports campaign to enforce Open Skies agreements gaining traction

Delta announced that their fight to enforce Open Skies agreements with both Qatar and the United Arab Emirates has gained ground following two milestones this past week, “with actions by Congress and Delta employees alike reaching impressive new thresholds.” The US carrier declared that 300 members of the Congress have already written to the Trump administration, urging it to tackle “the more than $50 billion in unfair subsidies that the …

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U.S. Travel Association launches website supporting open skies agreements

A website promoting open skies aviation agreements has been launched by The United States Travel Association. The website has dubbed “Voices for Open Skies” and it’s a platform where one can find data that highlights the economic impact of the Gulf carriers – Emirates, Etihad and Qatar – on the U.S. cities they operate to. The site boasts of quotes from business owners and travelers who claim they benefit when …

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