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Archive for 2008/09/16


Union talks continue over Alitalia rescue efforts

Italy is continuing its race against the clock to secure an agreement with unions on relaunch plans for Alitalia, after unions held more talks with government…

Liquidators to pull the plug on South Africa’s Nationwide

Provisional liquidators for collapsed South African carrier Nationwide Airlines have ended efforts to sell the business as a going concern and the company is now to be wound down.
Nationwide was placed under a provisional winding-up order by the South African High Court in April as its cash-flow problems mounted after a new funding deal […]

Business - Briefs

Airbus presented details of its enhanced and expanded Power8+ cost-reduction programme to…

Shameless money-making tactics

Raising revenue is something governments have to do. There are some services, however, into which most governments choose not to venture with their revenue-raising…

State of New York moves to help AIG

New York state governor David Paterson has granted AIG special permission to access $20 billion in assets of its subsidiaries, which include International…