Grenadian Tourism Minister Claris Modeste-Curwen said recently that the “government and American Airlines has signed an agreement resulting in the airline returning to the island from November after a 10-year absence.” This development comes after months of negotiations between the two parties.
Lufthansa is expanding its route network from Milan and in future will offer passengers a much wider choice of flights from the North Italian city to European destinations.
As the pending Northwest-Delta merger threatens to marginalize Continental’s standing in the SkyTeam alliance, Continental is talking to American and British Airways about joining Oneworld.
Silverjet, the British exclusively business class airline, announced an update on its working capital position and that it has entered into a memorandum of understanding with a UAE-based investor.
Jamaica has reportedly signed an agreement with a U.S. federal trade agency to get its debt-ridden national airline off its books by 2009. Jamaica will collect an $820,000 grant from the U.S.
Lufthansa expects fuel costs to rise this year to some 5.26 billion euros ($8.29 billion) after hedging, finance chief Stephan Gemkow said on Friday. The carrier had said last month it expected fuel costs to increase to 4.9 billion euros this year from 3.9 billion euros last year.