What we’re reading: Nigeria gives BA & Virgin Atlantic ultimatum on fares, US Airways said to brief AMR creditors, Iberia Express takes to the skies

by Stephanus Surjaputra on March 27, 2012

Nigeria gives BA, Virgin ultimatum on fares

Nigeria’s aviation minister has given British Airways and Virgin Atlantic 30 days to lower their fares or they won’t be allowed to fly there.

Britain responded by saying it could take retaliatory action against Nigerian airlines if a ban was imposed, and that “heavy-handed action” banning private airlines would be “catastrophic” for business confidence in the country.

Nigeria’s aviation minister has said it is unfair BA and Virgin charged more to fly to Africa’s biggest oil exporter than to neighboring West African countries.

US Airways said to brief AMR creditors on takeover plan

US Airways is said to be talking to AMR creditors to gain support for its takeover plan according to sources familiar with the matter.

Executives have laid out details of US Airways’ proposal for a combined airline to some members of the unsecured creditors committee and gotten a positive reception, said the people, who declined to be identified because the terms aren’t public. The goal would be to complete a merger before American parent AMR Corp. (AMR) exits Chapter 11, the people said yesterday.

Iberia Express takes to the skies

Despite opposition from its mainline pilots and unions representing the cabin crew, Iberia Expresss started flights on Sunday.

IB pilots so far have staged 12 days of strikes since December protesting the new carrier. They announced a further 24 days of industrial action between March 16 and May 28, but this was called off after they agreed to new talks led by a government-appointed mediator (ATW Daily News, March 14).

(PHoto: Deanster1983/Flickr Creative Commons)

Print Friendly
Be Sociable, Share!

Previous post:

Next post: