The Board of Airline Representatives in Germany (BARIG) has criticised the decision by the Hessian Ministry of Economics, Transport and Regional Development (HMWEVL) to provide fee incentives for new airlines establishing services at Frankfurt Airport. According to BARIG, which represents around 100 national and international airlines, the new fee structure places established airlines at a disadvantage. Being one of the most expensive airports, FRA has additionally increased its charges for … [Read more...] about BARIG criticises Frankfurt fee incentives
Ryanair
Govt’ gives green light for Aer Lingus stake sales
The Irish parliament gave International Consolidated Airlines' (IAG) bid for Aer Lingus the final go-ahead. Irish MPs voted by 74 votes to 51 in favour of the deal, according to local media reports. The vote comes after the Irish government agreed to sell its 25 per cent in Aer Lingus to IAG earlier this week, saying that IAG had made "a number of extremely important changes" to its initial offer. Under the deal, IAG agreed to a legally binding commitment to maintain current services between … [Read more...] about Govt’ gives green light for Aer Lingus stake sales
Govt' gives green light for Aer Lingus stake sales
The Irish parliament gave International Consolidated Airlines' (IAG) bid for Aer Lingus the final go-ahead. Irish MPs voted by 74 votes to 51 in favour of the deal, according to local media reports. The vote comes after the Irish government agreed to sell its 25 per cent in Aer Lingus to IAG earlier this week, saying that IAG had made "a number of extremely important changes" to its initial offer. Under the deal, IAG agreed to a legally binding commitment to maintain current services between … [Read more...] about Govt' gives green light for Aer Lingus stake sales
Frankfurt-Hahn Airport strengthens sales team
Thomas Kurzweg has been appointed director of marketing & business development at Frankfurt-Hahn Airport. In his newly created position, Kurzweg is responsible for the development of the passenger airline business and all marketing concerns. In the past, the manager worked with various airlines and tourism companies, most recently as head of sales and marketing for a subsidiary company of Lufthansa in Frankfurt am Main. Alongside with Christoph Götzmann, sales manager at … [Read more...] about Frankfurt-Hahn Airport strengthens sales team
Ryanair steps up plans for transatlantic airline
The board of Ryanair has approved plans to launch transatlantic flights, as part of its five-year growth strategy outlined by the airline. The low-cost carrier said it was already in talks with manufacturers about purchasing long-haul aircraft but couldn’t comment further. “European consumers want lower-cost travel to the USA and the same for Americans coming to Europe. We see it as a logical development in the European market,” the airline said. Chicago, Boston, New … [Read more...] about Ryanair steps up plans for transatlantic airline
Aer Lingus to accept takeover bid from IAG
The BBC has reported that Aer Lingus will be taken over by International Airlines Group (IAG), the parent company of British Airways and Iberia Airlines. According to several news sources, IAG pitched its latest proposal at €2.50 a share, valuing Aer Lingus at about €1.3 billion (approx. US$1.5 billion). The Irish Government owns a 25.1 per cent stake in Aer Lingus, while Ryanair owns 29.9 per cent. If the board accepts the bid the government will have to … [Read more...] about Aer Lingus to accept takeover bid from IAG