IATA fights back as India hits major foreign airlines with tax evasion allegations
Foreign airlines operating out of India are in the crosshairs of its regulatory authorities over ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
“If you can’t beat them, join them”, the old saying goes. And it looks like Lufthansa agrees, as it announced a (passenger) tie-up with former arch-enemy Etihad. And with Lufthansa Cargo betting on partnerships as the way forward (see ANA and United) while it reduces its freighter fleet, it would not now be so surprising if the pair started looking at a freight alliance. Of course, it’s not bad news for Etihad either. Competition among the Gulf carriers is pretty tough, and this could strengthen Etihad’s offering too. The news was followed by reports that the Abu Dhabi carrier will make a number of job cuts as it restructures its business, in the face of increased competition and weak demand, it said. ATW reports.
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