KLM to Cut Prices on Europe Destinations
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Air France KLM AIRF.PA said on  Wednesday it would slash KLM ticket prices to all 66 European  destinations from Amsterdam by around 40 percent on Jan. 1 in  an attempt to compete more effectively with low-cost carriers.
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BRUSSELS, Belgium -- The European Commission said Wednesday it had dropped its antitrust investigation into mobile phone roaming prices charged by operators in Britain and Germany after new EU rules forcing telecom companies to cut the cost of using mobile phones abroad.
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EU governments agreed to cut the cost of using mobile phones abroad Thursday, paving the way for a cap on roaming fees later this summer.
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European Union ministers adopted on  Thursday rules that will slash the price of making cell phone  calls abroad in the 27-member bloc, after a year of wrangling  and heated debate, the EU&#39;s German presidency said.
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Virgin Atlantic is to launch a price war on the &quot;Kangaroo route&quot; between London and Sydney, pledging to cut fares by up to one-third.
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Air France KLM  has said it is looking at the possibility of a tie-up with Spanish airline Iberia , which is already a takeover target.
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Scandinavian Airlines System (SAS) unveiled on Wednesday a four-year plan aimed at reducing its costs and concentrating its business on the North European market.
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Air France-KLM reveals that its offer for the Italian airline Alitalia is to be structured as a share swap.
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Europe&#39;s largest carrier Air France-KLM has joined rivals in raising its ticket prices to offset soaring jet fuel costs, but a leading bank has questioned how effective the surcharges will be in protecting airline profits.
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KLM Air France AIRF.PA, said on  Wednesday it would slash ticket prices to all 66 European  destinations from Amsterdam by up to 40 percent on January 1 in  an attempt to compete more effectively with low-cost carriers.
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Air France KLM said it is looking at the possibility of a tie-up with Spanish airline Iberia, which is already a takeover target.
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Financially-strapped Italian airline Alitalia said Friday it would sharly cut back on flights from Milan-Malpensa airport in late March in order to reduce costs.
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Plans to limit mobile phone call costs for consumers who travel abroad within Europe are attacked by the industry.
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Vodafone said today it remained keen on purchases in France, eastern Europe and Asia and Africa as it detailed annual cost cuts expected to reach Â£2.
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The European Commission plans to limit hand luggage on EU flights after last month's alleged terror plot in the UK.
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(InfoWorld) - The European Union's 27 governments gave the final OK Thursday to a law that will slash the cost of using a mobile phone abroad by around 70 percent, the German government said. By the end of this month mobile phone operators will have to offer subscribers a capped rate for phoning or receiving calls while outside their own countries. In the first year, roaming tariffs will be capped at â¬0.49 ($0.66) a minute for making calls abroad and â¬0.24 for receiving them. It will fall to â¬0.46 and â¬0.22 in the second year and â¬0.43 and â¬0.19 in the third, respectively. A rear-guard action by the U.K. in defense of mobile phone operators petered out and British Industry Minister Margaret Hodge was convinced to support theÂ compromise packageÂ put forward by the European Parliament. Mobile phone operators haveÂ lobbied hard to avert the law, which they see as unnecessary and harmful to competition. German Economy Minister Michael Glos was chairing the meeting because Germany currently holds the six-month rotating presidency of the EU. He will announce the agreement reached Thursday morning at a press conference at 3 p.m. CET (1 p.m. GMT). Â
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The Civil Aviation Authority plans to scrap price caps on airline charges at Stansted - but tighten them elsewhere.