Archive for November, 2007

UPDATE: So Long ‘Heathrow Hassle?’ Terminal 5 Billed As Travel Cure-all

Monday, November 26th, 2007

LONDON (Dow Jones) — At the headquarters of Heathrow airport’s operator, BAA, employees drink tea out of “Making Heathrow Great” mugs. A few miles away, at the home of flagship carrier British Airways Plc, impatient executives watch a clock that’s counting down the hours to the opening in March of the airport’s much-hyped and long-awaited […]

Ryanair files suit over alleged Greek state aid to Olympic, ‘happy’ with Aer Lingus losses

Friday, November 23rd, 2007

Ryanair Holdings PLC filed a lawsuit Thursday against the European Commission — its third such action this month in complaints challenging funding of national airlines by European governments. In its latest suit, Ryanair accused EU competition authorities of failing to investigate €500 million (US$740 million) in money paid by the Greek government to Olympic Airlines. […]

Commentary Greek Newspaper Kathimerini

Sunday, November 18th, 2007

Nov 17, 2007 Olympic safety concerns Recent reports about troubled state-owned air carrier Olympic Airlines have annulled the last remaining argument for maintaining the stagnant situation: Safety has gradually ceased to be the company’s comparative advantage. Continuous company losses have pushed its managers toward cheap and patchy solutions in a bid to keep the company […]

Olympic Airlines grounds 4 ‘unsafe’ planes

Sunday, November 18th, 2007

Officials at state-carrier Olympic Airlines (OA) yesterday blamed state oversights for the leasing from a Spanish company of four passenger aircraft that displayed serious, and potentially dangerous, operational defects. They stressed that there was no problem with any planes currently operating. The comments came after one of the four Boeing 737s was grounded after displaying […]

Ryanair sues European Commission over Air France

Saturday, November 10th, 2007

Ryanair confirmed on Thursday it would sue the European Commission for not tackling the French government over reduced domestic airport charges which the airline believes favour Air France. “Ryanair … today lodged a case in the European Court of First Instance against the European Commission’s failure to act on Ryanair’s complaint about 1 billion euros […]