Air France
Here´s what the Finnair CEO said about the € 300 million loan:
http://www.newsdesk.se/view/pressrel...bsidies-211256
Somehow I think I agree with his views.
http://www.newsdesk.se/view/pressrel...bsidies-211256
Somehow I think I agree with his views.
Join Date: Jan 2008
Location: Pretty far away
Posts: 316
Likes: 0
Received 0 Likes
on
0 Posts
Good God
This should really scare the living s...t out of Silvio !!!!
Are you kidding ??? He doesn't give a damn about what the EEC thinks, least of all the Finnair CEO !!!
Look I don't blame him. What's the choice ?? Either a little slap on the wrist from >Brussels or thousands of people marching the streets of Rome.
Alitalia is going to go on like this forever and the EEC will do nothing.
This should really scare the living s...t out of Silvio !!!!
Are you kidding ??? He doesn't give a damn about what the EEC thinks, least of all the Finnair CEO !!!
Look I don't blame him. What's the choice ?? Either a little slap on the wrist from >Brussels or thousands of people marching the streets of Rome.
Alitalia is going to go on like this forever and the EEC will do nothing.
Last edited by Me Myself; 27th Apr 2008 at 07:51.
Join Date: Feb 2008
Location: italy
Age: 67
Posts: 24
Likes: 0
Received 0 Likes
on
0 Posts
...Hi, back from a 5 days flying and to Mem; no I've never said that Silvio should call Nicolas ( God forbid) as for the rest I do not think I'll be out of a job anytime soon...just wait and see....
U.S. private equity fund Texas Pacific Group (TPG) could be interested in Alitalia SpA again, if the company is declared insolvent, said TPG partner Vincenzo Morelli, responsible for TPG European investment.
JAS
An article in "Corriere della Sera" today says that Berlusconi now threatens the EU: if the EU creates problems with the 300m loan, he will make the government-owned Italian Railroad Company buy Alitalia 
http://www.corriere.it/politica/08_a...4f02aabc.shtml
http://www.corriere.it/politica/08_a...4f02aabc.shtml
mostly harmless
will the 300 million euro loan be allowed to go through by the EU?
But what can Berlusconi do before the loan is repaid? I had thought that he would try the following plan:
1.a. Split off into a new company a few profitable routes and traffic rights, together with the rights to the name 'Alitalia' if the main company stops flying. Preferably have all his pals (including the one in the mirror) get a stake in the new company. Publicise as a great Italian success.
1.b. Wait a few months, then let the main company go bankrupt, preferably blaming the EC for demading repayment of loan.
I really don't see the end-game for Berlusconi through nationalisation:
2.a. The loan will have to go back.
2.b. Italian railways will have additional debt. Rail competition comes into force in a few years and they will have a fight on their hands for inter-city travel.
2.c. All Alitalia debt (not just the new loan but the whole lot) will go on the government's books. This will breach EC agreements big time. People will sit up and take notice.
The question is: is Berlusconi bluffing on nationalisation? He's stupid enough not to be. It comes down to one thing: what's in it for him? Under plan 1 above, he could walk away with a profit (leaving the mess with creditors and the Italian public, as usual). But I don't see where plan 2 gets him.
Join Date: Nov 2007
Location: london
Posts: 54
Likes: 0
Received 0 Likes
on
0 Posts
Air France prepares for potential strike
A potential strike at Air France-KLM promises to wreck havoc in Europa's air travel industry. The planned walk-out is scheduled to occur on May 22nd, 2008, after French union leaders invited airline employees to join other workers across the country in a strike aimed at expressing their displeasure against government attempts to reform the country’s pension scheme. Six French unions have already made it clear that they would participate in the mass strike. It has not yet been confirmed whether any Air France-KLM employees will join the labour action, nor has there been any indication about how long the walk-out will actually last.
EagleStar
EagleStar
Join Date: Jan 2008
Location: Pretty far away
Posts: 316
Likes: 0
Received 0 Likes
on
0 Posts
[QUOTE It has not yet been confirmed whether any Air France-KLM employees will join the labour action, nor has there been any indication about how long the walk-out will actually last.
][/QUOTE]
..........and according to you this, although not knowing if AF/KLM employees were going to take part, is going to create........havoc ???
][/QUOTE]
..........and according to you this, although not knowing if AF/KLM employees were going to take part, is going to create........havoc ???
Join Date: Nov 2007
Location: london
Posts: 54
Likes: 0
Received 0 Likes
on
0 Posts
Me Myself
Don't shoot the messenger! I am merely trying to find out whether this is going to take place and what action exactly will be taken! It is not my intention to stir things up or create havoc and this information was merely taken from another source: http://strike.skynetblogs.be/
Just trying to get some info as this could affect me
EagleStar
Don't shoot the messenger! I am merely trying to find out whether this is going to take place and what action exactly will be taken! It is not my intention to stir things up or create havoc and this information was merely taken from another source: http://strike.skynetblogs.be/
Just trying to get some info as this could affect me
EagleStar
Air France and insurers sue over YYZ crash of AF358
Toronto Star Article
This is not the first thunderstorm accident where everybody was landing successfully until the last one did not.
Anyway there's no surprise that the insurer is looking for contributions from other parties.
If EMAS becomes more widely used as a result of this lawsuit, lives and hulls will be saved.
Pearson International Airport's newest runway lacks proper safety margins and falls short of international standards, Air France alleges in a lawsuit following the dramatic 2005 crash of one of its jets at the site.
The French airline and its insurers are suing the Greater Toronto Airports Authority, which runs Pearson, the federal government and the country's air-traffic control agency for some $180 million, charging they all cut corners that contributed to the crash of its Airbus A340 jet.
The airline takes aim at the airport operator, saying the design of Runway 24 Left – which ends at a steep ravine – failed to ensure there was an "adequate margin of safety for aircraft in the event of an overrun event..."
The French airline and its insurers are suing the Greater Toronto Airports Authority, which runs Pearson, the federal government and the country's air-traffic control agency for some $180 million, charging they all cut corners that contributed to the crash of its Airbus A340 jet.
The airline takes aim at the airport operator, saying the design of Runway 24 Left – which ends at a steep ravine – failed to ensure there was an "adequate margin of safety for aircraft in the event of an overrun event..."
Anyway there's no surprise that the insurer is looking for contributions from other parties.
If EMAS becomes more widely used as a result of this lawsuit, lives and hulls will be saved.
Rebel PPRuNer
Join Date: Aug 2000
Location: Toronto, Canada (formerly EICK)
Age: 51
Posts: 2,834
Likes: 0
Received 0 Likes
on
0 Posts
"Air France has continued to operate flights including those by A340 aircraft on Runway 24L since the said incident," the government says in its statement of defence.
GTAA should sue AF for littering.
Join Date: Jul 2001
Location: Ottawa, Canada
Age: 70
Posts: 213
Likes: 0
Received 0 Likes
on
0 Posts
How many times have AF landed a 340 on 24L prior to and following their poorly planned excursion from the paved surface? Howcome it was only considered unsafe on that one day? In addition to littering they should also be held responsible for any environmnetal damage caused.
ex-egll
ex-egll
Nemo Me Impune Lacessit
Join Date: Jun 2004
Location: Derbyshire, England.
Posts: 4,093
Received 0 Likes
on
0 Posts
If you delete 'Air France' and 'Pearson International Airport' from the report you will just about have the truth.
One set of insurance underwriters is suing another set of insurance underwriters, once the accident has happened the airline and the airport subrogate to their respective underwriters who take over any possible claims from there.
One set of insurance underwriters is suing another set of insurance underwriters, once the accident has happened the airline and the airport subrogate to their respective underwriters who take over any possible claims from there.
Join Date: Jul 2005
Location: Canadian Shield
Posts: 538
Likes: 0
Received 0 Likes
on
0 Posts
Sadly a reflection of modern commerical times. Parabellum sums up the situation nicely. Presumably GTAA will now counter-claim against AF for all lost revenue / costs associated with the rescue etc etc etc. Lawyers as usual will just love it and drag it on indefinitely.
Personnally I'd just cxl all AF landing slots to be on the safe side.
Personnally I'd just cxl all AF landing slots to be on the safe side.
Join Date: Oct 2007
Location: fort sheridan, il
Posts: 1,656
Likes: 0
Received 0 Likes
on
0 Posts
Checking the test guide for a commercial or atp pilot, one must demonstrate landing within 200 feet of a spot.
How many landings have we all made that go outside the above?
Certainly 4000' is way too long.
And it is time to recognize that pilots will make mistakes and airports should be built to allow for these errors.
How many landings have we all made that go outside the above?
Certainly 4000' is way too long.
And it is time to recognize that pilots will make mistakes and airports should be built to allow for these errors.
Paxing All Over The World
Air France eyes move to railways
Air France is holding talks on a joint venture that could lead to it offering high-speed rail travel.
The airline confirmed reports it was discussing a possible tie-up with Veolia, a French utility firm that also runs several rail services.
Commentators suggest such a deal would enable the airline to cut fuel costs by moving some services onto the railways. Under the plans Veolia would run trains from Air France's hub airport in Paris to other European destinations.
Rest of story on BBC BBC NEWS | Business | Air France eyes move to railways
Friday, 4 July 2008 11:21 UK
The airline confirmed reports it was discussing a possible tie-up with Veolia, a French utility firm that also runs several rail services.
Commentators suggest such a deal would enable the airline to cut fuel costs by moving some services onto the railways. Under the plans Veolia would run trains from Air France's hub airport in Paris to other European destinations.
Rest of story on BBC BBC NEWS | Business | Air France eyes move to railways
Friday, 4 July 2008 11:21 UK
Join Date: Mar 2006
Location: UK
Posts: 126
Likes: 0
Received 0 Likes
on
0 Posts
Railway services can be subsidised by governments (unlike airlines) so subsidised services competing with foreign airlines is a good idea - if you're Air France. Seats were subsidised on the TGV service from Paris to Marseille a few years ago. According to a French news website at the time, the Government said it was a move designed to compete with lo-cost airlines - of which there was one, and it wasn't French.
JB
JB