Tag Archives: Arnd Wolf

LAN Ecuador is cutting staff and the Guayaquil-Miami route

LAN Airlines (Ecuador) Boeing 767-316 ER WL HC-CHA (msn 27613) MIA (Arnd Wolf). Image: 904469.

LAN Airlines (Ecuador) is restructuring to cut costs. 55 flight attendants and five administrative staff will lose their jobs. The airline, partly own by LAN Airlines (Chile), is also eliminating the Guayaquil-Miami route this month according to this article by El Universo. Other routes will be reduced in frequency.

Read the full story (in Spanish): CLICK HERE

In other news, the parent LAN Airlines (Chile) (Santiago) announced that the Chilean Supreme Court confirmed on April 5 the approval granted on September 21, 2011, by the Chilean Antitrust Authority (Tribunal de Defensa de la Libre Competencia (TDLC)) to the merger transaction between LAN and TAM, including the mitigation measures imposed on this transaction. The Supreme Court also rejected LAN’s appeal of three of the 14 mitigation measures, which the Company considered to be illegal and unconstitutional.

Copyright Photo: Arnd Wolf.

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IranAir claims it is being refused fuel in Europe

IranAir (Tehran) has again claimed it is being refused fuel by some companies in Europe due the United Nations sanctions.

Read the full report by Reuters:

CLICK HERE

Copyright Photo: Arnd Wolf. Click on the photo for further details.

LAN Airlines suspends operations in Ecuador due to political violence

LAN Airlines (Ecuador) (Quito) has suspended operations in Ecuador due to the current political violence.

Read the full report from Reuters:

CLICK HERE

Copyright Photo: Arnd Wolf. Boeing 767-316 ER HC-CHA (msn 27613) is pictured on final approach at Miami.

Air Finland is planning to introduce a new livery

Air Finland is planning to introduce a new livery and brand.

Read the full report (with a drawing) in Finnish:

CLICK HERE

Copyright Photo: Arnd Wolf. Boeing 757-2F2 OH-AFI (msn 26330) climbs beautifully at scenic Salzburg in the current 2003 color scheme.

Continental Airlines is merged with United Airlines, creating the world’s new largest airline

Copyright Photo: United Airlines. Boeing 737-924 ER N53442 (msn 33536) was the first ex-CO aircraft to receive UA titles. This will also become the "new" livery for the "new United".

United Continental Holdings, Inc. (Chicago), formerly UAL Corporation, announced today (October 1) that a wholly owned subsidiary has merged with Continental Airlines, Inc., and that Continental Airlines and United Air Lines, Inc. are now wholly owned subsidiaries of United Continental Holdings, Inc., creating a world-class global airline. Today, the common stock of United Continental Holdings, Inc. begins trading on the New York Stock Exchange under the symbol UAL.

United Continental Holdings, Inc. also announced the members of its board of directors, effective Oct. 1, 2010. The 16-member board includes six independent directors from each of United and Continental, Glenn Tilton, who will serve as non-executive chairman of the board, and Jeff Smisek, who will serve as president and chief executive officer. The independent directors are Kirbyjon H. Caldwell, Carolyn Corvi, W. James Farrell, Jane C. Garvey, Walter Isaacson, Henry L. Meyer III, Oscar Munoz, James J. O’Connor, Laurence E. Simmons, David J. Vitale, John H. Walker and Charles A. Yamarone. Additionally, the board has two union directors: Stephen R. Canale and Captain Wendy J. Morse.

With approximately $9 billion in unrestricted cash at closing, United expects the merger will deliver $1.0 billion to $1.2 billion in net annual synergies by 2013, including between $800 million and $900 million of incremental annual revenue, from expanded customer options resulting from the greater scope and scale of the network, fleet optimization and expanded service enabled by the broader network of the combined carrier. On a pro-forma basis, the combined company would have annual revenues of $31.4 billion, based on results for the 12 months ending June 30, 2010.

Continental and United, operating under United Continental Holdings, Inc., will immediately begin the work to fully integrate the two companies. In the near term, customers can expect to interact with each carrier as they always have. Customers flying on Continental will continue to check in at continental.com, or at Continental kiosks and ticket counters, and to be assisted by Continental employees, and customers flying on United will continue to check in at united.com or at United kiosks or ticket counters, and to be assisted by United employees. Customers will continue to earn and redeem frequent-flier miles through the respective loyalty programs of Continental and United until those programs are combined. The company expects that travelers will begin to see a more unified product in the spring of 2011, as the carriers integrate key customer service and marketing activities to deliver a more seamless product.

The new company’s corporate and operational headquarters will be in Chicago, with a significant presence in Houston, the company’s largest hub. As a result of the merger, Continental shareholders will receive 1.05 shares of United Continental Holdings, Inc. common stock for each share of Continental common stock previously held. UAL Corporation shareholders will now own approximately 55% of the equity of the holding company and former Continental shareholders will now own approximately 45%, including in-the-money convertible securities on an as-converted basis.

On its last day (September 30), Continental reached a tentative agreement with its Flight Attendants. The company announced yesterday it has reached a tentative agreement on a new labor contract with the International Association of Machinists and Aerospace Workers (IAM) representing Continental flight attendants. The IAM is expected to hold a ratification vote in the coming weeks.

The agreement covers approximately 9,300 Continental flight attendants located throughout the United States.

Goodbye CO.

American Airlines and American Eagle to cut flights at San Juan

American Airlines and American Eagle Airlines (Dallas/Worth) are cutting service to seven cities from the San Juan hub effective on April 6, 2011. The total number of flights will drop from 58 to 41 daily flights.

Copyright Photo: Arnd Wolf. Boeing 767-323 ER N395AN (msn 29432) approaches runway 9 at Miami for landing.

Finnair reports a second quarter loss of $37 million

Finnair (Helsinki) has reported a second quarter net loss of $37 million.

Read the full report in Bloomberg Businessweek:

CLICK HERE

Copyright Photo: Arnd Wolf. Airbus A319-112 OH-LVE (msn 1791) in the 1953 retrojet scheme arrives at Dusseldorf.