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Notice to Readers In observance of the Independence Day holiday in the US, the next edition of Daily News will appear on Tuesday, July 8. atwonline.com Sunday, July 06, 2008BA, AA, Iberia reportedly pursuing antitrust immunity American airlines, British Airways and Iberia are close to applying for antitrust immunity to form a transatlantic revenue- and profit-sharing joint venture, the Financial Times reported yesterday, citing executives at the carriers. atwonline.com Sunday, July 06, 2008AMR tells employees 8% of workforce will be cut by year end American airlines parent AMR Corp. told its employees this week that more than 6,700 of them will be cut by year end, representing about 8% of the company's total workforce. atwonline.com Sunday, July 06, 2008Continental employees, former Concorde officials to stand trial in Paris crash Eight years to the month after the crash of an Air France Concorde began the countdown to the end of the age of supersonic air travel, a French judge ruled that five individuals as well as Continental Airlines should stand trial for manslaughter in the disaster. atwonline.com Sunday, July 06, 2008BA consolidates premium transatlantic market with acquisition of L'Avion British Airways reached an agreement to acquire French all-business-class operator L'Avion for £54 million ($107.7 million) and will integrate the company into its new premium transatlantic subsidiary OpenSkies. ATW Online Sunday, July 06, 2008American to take $1.1-$1.2 billion impairment charge, furlough 900 flight attendants American airlines parent AMR Corp. informed the US Securities and Exchange Commission yesterday that it will record a noncash impairment charge of $1.1-$1.2 billion in the second quarter related to the capacity reductions announced in May (ATWOnline, May 22). ATW Online Sunday, July 06, 2008China Southern set to inaugurate cross-strait operations Friday Guangzhou-based China Southern Airlines is expected to be the first Chinese mainland carrier to operate a charter flight across the Taiwan Strait Friday, with Taiwan's China Airlines following suit later that day from Taipei to Shanghai. ATW Online Sunday, July 06, 2008
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