Problems mounted for beleaguered Swissair on Friday when its shares fell sharply amid concerns that the troubled Swiss aviation group is likely to face higher costs to extricate itself from its unprofitable French operations.
Read MoreAir forwarders received “some conflicting messages” from officials at American Airlines and United Airlines regarding the carriers’ relationship with Integres, a newly-formed air forwarding joint venture, and whether the carriers would give preference to the new company.
Read MoreHewlett-Packard, the computer and printer maker, and professional services firm, PricewaterhouseCoopers announced an alliance to sell computers and services to the aviation industry. The deal follows the failed acquisition talks last year between HP and PwC. Through the alliance, the two companies aim to knock International Business Machines off the top spot of what they see as a $15bn market.
Read MoreForwarders are reacting angrily to the plan by Integres Global Logistics, a new joint venture, to target small and medium-sized shippers
Read MoreQantas, the Australian flag carrier, on Thursday sought to appease the New Zealand government and regulators over its plans to acquire a majority stake in competitor Air New Zealand. If successful in its bid, Qantas said it would leave a majority of Air NZ in New Zealand hands. Air NZ would also retain its brand, its headquarters in Auckland, and a New Zealander chairman.
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