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Easyjet has opened talks with EU member states' aviation regulators about relocating its headquarters from the UK - Sky News

Friday, 1 Jul 2016 05:45am EDT

Easyjet Plc : Easyjet has opened talks with EU member states' aviation regulators about relocating its headquarters from the UK - Sky News Source: (http://bit.ly/29fKspR) Further company coverage: [EZJ.L] (Bengaluru Newsroom: +1 646 223 8780).

Virgin Australia announces outcome of capital structure review

Tuesday, 14 Jun 2016 07:28pm EDT

Virgin Australia Holdings Ltd : VAH announces outcomes of capital structure review . Proposed offer, placement to HNA Innovation to raise proceeds A$1.01 bln . Proposed fully underwritten A$852 million equity raising . Proposed equity raising in form of 1 for 1 non-renounceable pro-rata entitlement offer to shareholders at A$0.21 per share . Targeting net free cash flow savings increasing to A$300 million per annum (annualised run rate) by end of 2019 financial year . Singapore Airlines, HNA Innovation , Virgin Group, Nanshan Group and Air New Zealand made binding commitments to take up their pro-rata entitlements . Anticipates incurring cash restructuring costs of A$200-A$250 mln over period to 30 June 2019 . Anticipates non-cash balance sheet impairments of A$150 million - A$200 million over period to 30 June 2019 .

SAS to retain ground handling operations at main airports

Wednesday, 4 May 2016 02:00am EDT

SAS AB:In line with letter of intent signed in Sept. 2015, SAS and Aviator Airport Alliance Europe AB (Aviator) have agreed to continue negotiations in respect of transfer of SAS Ground Handling's stations in Gothenburg and Malmö to Aviator.SAS has decided not to outsource ground handling at airports of Copenhagen, Oslo, Stockholm.Says had in Sept. 2015 signed a letter of intent with Aviator concerning the transfer of ground handling at main airports in Scandinavia and in Gothenburg and Malmö.

Finnair plans organisational renewal in line with its growth strategy

Tuesday, 16 Feb 2016 02:30am EST

Finnair Oyj:Prepares for growth and plans an organisational renewal.‍New organisation is anticipated to take effect on March 1, 2016.Says organisational renewal plans will require consultation of employee representatives​.

Hainan Airlines to dissolve Xinjiang branch

Thursday, 24 Dec 2015 07:00pm EST

Hainan Airlines Co Ltd:To dissolve Xinjiang branch.

Transasia Airways to merge with subsidiary

Thursday, 12 Nov 2015 05:02am EST

Transasia Airways Corp:To merge with real estate lease wholly owned subsidiary on Dec. 1 and the subsidiary will dissolve after merger.

SAS to transfer operations at line stations in Norway to Wideroe

Thursday, 22 Oct 2015 02:00am EDT

SAS AB:SAS transfers operations at line stations in Norway to Wideroe.Says 14 line stations in Norway will be transferred to Wideroe on February 1.Says transfer corresponds to about 850 full-time positions.Says transaction in itself will have no significant impact on SAS' earnings.Says following transfer, SAS will purchase ground services from Widerøe ground, parties have entered 5-year contract for these services.

ANA Holdings to merge with subsidiary

Friday, 25 Sep 2015 02:00am EDT

ANA Holdings Inc:To merge with a Tokyo-based wholly owned subsidiary WGT, effective Dec. 1.

Finnair to discontinue NGA's operations

Friday, 8 May 2015 09:00am EDT

Finnair Oyj:The Board of Directors of Finnair's associated company Nordic Global Airlines Ltd (NGA) has decided to discontinue NGA's operations by May 31.The termination of the operations has no material impact on Finnair's cargo business, or Finnair's financial position.

Era Group Inc announces organizational realignment

Wednesday, 29 Oct 2014 06:44pm EDT

Era Group Inc:Announces executive appointments and an organizational change as part of proactive, company-wide realignment designed to streamline its business.Under new organizational structure, Era will integrate each of the customer-facing and operational aspects of business to create new, more streamlined reporting structure comprised of Commercial team to function as client advocate and an Operations group to function as unified service center.Organizational changes are designed to improve execution and discipline across departments and ensure that business is more efficient and better aligned to support customers and execute the company's overall strategy.

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