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A three-day strike by Danish cabin crew members that forced Scandinavian air carrier SAS to cancel nearly 700 flights from its main hub in Copenhagen ended late Thursday, the airline said.

SAS said it aimed to resume services as soon as possible but estimated that at least 30 to 40 flights would be delayed or possibly cancelled on Friday. Late Thursday, the cabin crew union announced they would be returning for work Friday morning.

Passengers were advised to check company websites or the Copenhagen airport’s website for information on their respective flight.

source: bangkokpost.com

Wizz Air, one of eastern Europe’s biggest budget airlines, plans to float on the London Stock Exchange, in a listing which could value it at up to 500 million pounds ($1 billion), the Daily Telegraph said on Wednesday.

A Wizz Air spokeswoman at the Budapest-based airline declined to comment on the report.

The float is planned before the end of the year and will include fundraising of up to 200 million pounds to finance the airline’s expansion, the newspaper said.

source: Reuters

Ryanair said Thursday it was expanding its route network for its newest hub in Bremen, northwest Germany.

Europe’s largest no-frills airline said it planned to open seven new routes in mid-September, taking the total number of routes to 18, just weeks after opening services in Bremen.

New twice-weekly services would link Bremen with Alghero in Sardinia and Trapani in Sicily; three-times weekly with the Slovak capital of Bratislava, Malta and Stockholm; four-times weekly with Italy’s financial capital, Milan; and daily with Paris.

source: Forbes

Emirates is “‘thinking a bit'” about starting a budget airline in the coming few years, its vice chairman said today as the state-owned firm announced a 20.2% increase in second-half profits.

“‘We are thinking a bit about [a low-cost carrier],'” Maurice Flanagan told the Reuters news agency. “‘It’s something for the next few years. The [Airbus] A380 could be a very good aircraft for that,'” he said without elaboration.

source: arabianbusiness.com

Low-cost airline easyJet has called on European governments to remove around 700 of the oldest aircraft from Europe’s skies by banning any aircraft built before 1990 from operating within the European Union after 1st January 2012.

The no-frills carrier argues that older aircraft are far less fuel efficient and, therefore, more environmentally damaging than newer planes. As such, easyJet has called for a strict age-limiting policy to be implemented on aircraft used by European airlines.

source: Forbes

Virgin Atlantic will become the first airline to fly non-stop from London to Australia after buying 43 new, fuel-efficient aircraft from Boeing.

Sir Richard Branson, the airline’s chairman, announced the US$8 billion ($9.6 billion) order for up to 43 787 Dreamliners. They will allow Virgin to launch super-longhaul flights to Perth and later to Syndey and Melbourne.

Qantas considered launching a non-stop service last year using 777s, but it abandoned the idea because the increased fuel required would cut revenues.

source: The Australian

The European Commission is concerned over Dutch airline KLM-Air France’s intention to buy out co-owner Moeller-Maersk’s shares in Martinair — a move which Martinair says would see KLM become ”too dominant” on the Dutch market, according to financial daily Het Financieele Dagblad.

KLM-Air France wants to buy the remaining 50 pct from Danish transport group AP Moeller Marsk, which wants to sell its stake.

The paper says other companies have expressed an interest in the Moeller-Maersk stake and said they are also keen on buying a part of the KLM-Air France share to obtain a majority of the shares.

A spokesperson for KLM responded that it is not interested in selling part of its share.

source: abcmoney.co.uk

The extreme low-fare airline, already well established in Europe, will try for a comeback in the United States on May 22 with a well-financed start-up, Skybus Airlines, beginning service that day and promising at least 10 seats on every flight priced at $10 one-way ” before taxes.

If it sounds like People Express and Laker Airways ” low-price carriers that made a splash, expanded too fast and then collapsed ” there are similarities.

But the organizers of Skybus are counting on the $160 million cushion that they have raised and on a big change in consumer behavior to help the carrier follow the success of Ryanair, the Irish airline. Ryanair brought ultracheap fares to much of Europe, charging fees for many extras and transforming the short-haul market there.

source: NY Times

Norwegian Air Shuttle ASA on Tuesday announced an agreement to buy Finnair PLC’s subsidiary FlyNordic, a budget airline based in Stockholm, Sweden.

The deal, which is subject to regulatory approval, will be settled with shares and options. Finnair will receive about 5 percent of Norwegian’s shares with the option to increase its stake to 10 percent at 115 kroner (US$19.1, euro14.4) per share through 2008.

“‘This acquisition will strengthen our position in the Nordic region as well as in the European market,'” Norwegian chief executive Bjorn Kjos said in a statement.

source: Forbes

British Airways is in negotiations with private equity about a potential €5bn (£3.39bn) takeover offer for Iberia but has ruled out making a solo bid for the Spanish flag-carrier.

It is understood that Apax Partners is one of three private equity houses in talks with BA and is negotiating to bring Spain’s Gestair on board. In an announcement to the Stock Exchange yesterday, BA said it was considering how to use its 10 per cent stake holding in Iberia after US private equity house Texas Pacific Group (TPG) made an indicative offer of €3.60 a share for the carrier last month. This valued the Spanish airline, whose shares have doubled in the past six months on the expectation of further consolidation in the sector, at €3.4bn.

source: independent.co.uk