Big Three US airline cargo revenues continue to shrink alongside margins and rates
Unveiling its numbers yesterday, American Airlines was the last of the Big Three US passenger ...
Interesting news from Qatar, which could result in an airline alliance shake-up. Qatar Airways has invested in a 5% stake in China Southern – making it a joint shareholder along with rival American Airlines, which has a 2.68% stake in the Chinese carrier. But, as ATW notes, the deal is interesting in several respects, not least as Qatar also has a 9.99% stake in competitor Cathay Pacific. Alliance-wise, China Southern left SkyTeam this month and has been getting closer to OneWorld – which has been heavily criticised by member Qatar, which has mooted leaving the alliance.
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