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Airlines to see more profit problems, IATA says
- SINGAPORE, Feb 18 (WorldACD) - Global airlines are likely to see a further profit cut in 2008 as the global credit crisis deepens, while fuel costs remain near record highs, the International Air Transport Association said.
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Delta-NWA merger faces hurdle
- ATLANTA, Feb 20 (WorldACD) - Delta Air Lines' bid to merge with rival Northwest Airlines may stall if their pilots fail to reach an accord on how to rank their members' seniority once the companies combine.
While the two groups have reached an agreement with Delta and Northwest on a new $2 billion labour contract, they will not sign off on the merger unless they find common ground on a seniority list, which helps determine how much pilots are paid and what planes they fly.
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GSA body to hold AGM in Malaysia
- KUALA LUMPUR - FEDAGSA, the Federation of Airline General Sales Agents,
is timing its 2008 AGM to allow some 100 GSA executives from more than
25 countries to also participate in TIACA’s Air Cargo Forum & Exhibition
in Kuala Lumpur (November 4-6).
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