Venezuela To Pick Up Hostages Venezuelan President Hugo Chavez prepared to send helicopters into neighboring Colombia to pick up three hostages who have been held for years by leftist rebels.... Read Full Article Operator Of Parking Lots Accepts Bid The Central Parking Corporation accepted a takeover bid of about $733 million from a private equity consortium led by Kohlberg & Company.... Read Full Article Goodbye And Good Riddance To Those Bad Curries Members of the Birmingham New Road branch of Fitness First who witnessed my recent disintegration behind the handles of a cross-trainer probably wont be surprised to learn that I enjoy my India... Read Full Article Off The Shelf: Get Ahead Or, If You Must, Bounce Back The problem with taking the path of most resistance is multilayered: It is difficult and it can keep you from succeeding at your true calling.... Read Full Article German Court Orders Release Of Far-Left Terrorist Brigitte Mohnhaupt of the far-left terrorist Red Army Faction has spent 24 years in prison for carrying out several kidnappings and murders in the 1970s.... Read Full Article |
Alliance NewsBritish Airways discuss US tie-upBritish Airways is expected to forge an alliance with Continental Airlines after yesterday admitting it is exploring opportunities to cooperate with the US carrier as well as American Airlines, its current oneworld partner.Read Full Article NATO Accuses Russia of Stirring Tensions in Rebel Georgia AreasRelations with Russia have been strained by calls for NATO to expand by accepting Ukraine and Georgia, formerly part of the Soviet Union, into the alliance.Read Full Article Eos bankruptcy filing signals end to cheap executive travelEos, the premium airline that flew between London and New York, filed for Chapter 11 bankruptcy protection last night, a move that appeared to signal the end of cut-price executive-only flights across the Atlantic. The American carrier’s flights were suspended last night, leaving hundreds of passengers stranded at Stan-sted and John F Kennedy airports. The grounding of Eos follows the collapse of Maxjet last December and the announcement that Silverjet, which operates from Luton, is seeking a bailout from new investors. L’Avion, which flies from Paris to New York, is also thought to be struggling. Last night it emerged that mainstream carrier Continental Airlines had withdrawn from merger talks with United Airlines amid concerns about United’s financial health in the face of high oil prices. Continental is now focused on a possible alliance with British Airways and American Airlines. All four of the pure business class airlines were launched over the past couple of years to take advantage of a boom in business-class travel between Europe and the United States. They hoped to take on the established transatlantic carriers such as British Airways and Virgin by offering services tailored to business-class travellers. However, sustained high oil prices have pushed up operating costs while the worsening economic environment has reduced demand for premium air travel and the new carriers struggled to compete with better-capitalised rivals. Eos occupied the top end of this niche market and flew only 48 passengers on its Boeing 757s, styling itself a budget-first class service. Silverjet, the last of the British all-business-class carriers, flies 100 passengers on its larger 767 aircraft and charges from £999 for a business-class return – about a third of a typical BA business-class fare. None of the three premium-only carriers that operated from Britain has ever made a profit. In regulatory filings in America, Eos said that it had lost $37 million ($£18.6 million) in the first nine months of last year on revenue of $53 million. Silverjet was losing about $£1 million a month and its share price has fallen from a peak of £2.09 last March to 14p. A spokesman for Silverjet said: “We are a different model to Eos and we remain very confident of continuing to fly.” Eos, which was founded by David Spurlock, a former British Airways executive, was the first of the low-cost business operators to launch, starting flights in October 2005, and it raised $212 million from private equity groups and individual investors. Eos had begun to edge its way into the City$’s favours and is thought to have been included on the preferred airline lists of a number of big institutions. However, it still needed additional financing and approached its original investors seeking more money this month. When that move failed, Eos approached rival airlines, including BA and Virgin, to propose a takeover. It found no interest. Jack Williams, the chief executive of Eos, said: “There are times when even though you execute your business plan, external forces prevent you from controlling your own destiny.” Rising oil prices are causing havoc in the airline industry and Eos is the seventh carrier in two weeks to seek bankruptcy protection or go bust.Read Full Article Polands delicate balance of risk and reward; or how to have your cake and eat itYou could say that Poland is trying to have it both ways, in wanting to exercise the clout of a big country and to claim the privileges of a developing one. But it would be hard not to be moved by the balancing act that the new reform-minded Government is trying to pull off in its foreign policy, courting allies with calculation, and yet inspired overall by an intense desire to be part of any Western alliance thats going.Read Full Article DealBook: S.E.C. Sues Trader for False Rumors About Alliance DataRegulators said they charged a trader with spreading false rumors about the buyout of Alliance Data Systems last fall and winter, causing the credit card processors stock to fall.Read Full Article External News for: allianceCost of child vaccines fall, more kids saved - The Associated PressAustralia.TOCost of child vaccines fall, more kids savedThe Associated PressAbout half of the vaccines purchased by the alliance were produced in developing countries such as India. "We know that immunization will start children ...Vaccine Price Drop to Help Millions of ChildrenVoice of AmericaIntl health alliance says pushes vaccine costs downReutersGAVI Alliance Drives Down Pentavalent Vaccine Costs, Data ShowsKaiser Family FoundationBloomberg -FierceVaccines -IPSall 181 news articles »Cost of child vaccines fall, more kids saved - The Associated PressAustralia.TOCost of child vaccines fall, more kids savedThe Associated PressAbout half of the vaccines purchased by the alliance were produced in developing countries such as India. "We know that immunization will start children ...Vaccine Price Drop to Help Millions of ChildrenVoice of AmericaIntl health alliance says pushes vaccine costs downReutersGAVI Alliance Drives Down Pentavalent Vaccine Costs, Data ShowsKaiser Family FoundationBloomberg -FierceVaccines -IPSall 181 news articles »Gibson Guitars Plant Is Raided - New York Timesguardian.co.ukGibson Guitars Plant Is RaidedNew York TimesThe Rainforest Alliance, a conservation group, said the Gibson chief executive, Henry Juszkiewicz, would not rejoin its board until the federal ...Rainforest Alliance Postpones Gibson AuditNashville Public RadioRainforest Alliance speaks out on GibsonNashville Post (subscription)Gibson's CEO takes leave of absence from Rainforest Alliance's board during ...The Tennesseanguardian.co.uk -WZTV -Home Furnishings Businessall 54 news articles »Cost of child vaccines fall, more kids saved - The Associated PressAustralia.TOCost of child vaccines fall, more kids savedThe Associated PressAbout half of the vaccines purchased by the alliance were produced in developing countries such as India. "We know that immunization will start children ...Vaccine Price Drop to Help Millions of ChildrenVoice of AmericaIntl health alliance says pushes vaccine costs downReutersGAVI Alliance Drives Down Pentavalent Vaccine Costs, Data ShowsKaiser Family FoundationBloomberg -FierceVaccines -IPSall 181 news articles »Gibson Guitars Plant Is Raided - New York Timesguardian.co.ukGibson Guitars Plant Is RaidedNew York TimesThe Rainforest Alliance, a conservation group, said the Gibson chief executive, Henry Juszkiewicz, would not rejoin its board until the federal ...Rainforest Alliance Postpones Gibson AuditNashville Public RadioRainforest Alliance speaks out on GibsonNashville Post (subscription)Gibson's CEO takes leave of absence from Rainforest Alliance's board during ...The Tennesseanguardian.co.uk -WZTV -Home Furnishings Businessall 54 news articles »AMR Says Offer for Japan Air Is at Advanced Stage - BloombergTimes OnlineAMR Says Offer for Japan Air Is at Advanced StageBloomberg“American has much at stake in maintaining an alliance with JAL,” Standard & Poor's credit analysts Betsy Snyder and Philip Baggaley said today in a ...What AA, Delta gain from a JAL allianceMarketplace (blog)Delta, SkyTeam may plow $1 billion into JALMarketWatchAir Alliances Tussle For JALFinancier WorldwideInvestor's Business Daily -TransWorldNews (press release) -Wall Street Journal (blog)all 524 news articles » |
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