Riga/Vilnius - Latvia's main airport is giving unfair preference to the nation's flag carrier, hurting a rival Baltic airline, a court in neighbouring Lithuania ruled Tuesday.
At the request of FlyLAL-Lithuanian Airlines, the district court ordered that the assets of Riga International Airport and Latvia's airBaltic, the largest airline in the three Baltic nations, be frozen.
It was not clear how the decision would affect airBaltic, which immediately rejected the ruling as against European Union law.
Beijing - Aircraft builder Airbus opened an assembly plant in China on Sunday, its first production facility outside of Europe.
Airbus said it viewed the modern facility in the port city of Tianjin one hour to the south-east of the capital Beijing as a "milestone" in the globalization of the company's production.
Chinese Premier Wen Jiabao and Airbus head Thomas Enders were both present at the opening ceremony on Sunday.
The investment in the plant was between 8 billion and 12 billion yuan (1.2 billion to 1.8 billion dollars), state-run news agency Xinhua reported.
Four A320 Airbus craft are expected to be assembled at the Tianjin plant each month by 2011 at the latest.
The promotional fares on various routes are expected to be withdrawn by the domestic carriers as a step to cash in on the festive season which is just around the corner.
From 1st October, Kingfisher airlines, owned by Vijay Mallya will bring back the off-peak season fare to its original level.
Other than this, the coming festive season will also see an increase in the fare by up to 10% by the country’s largest airline by market share, Jet Airways.
Beijing - Global plane maker Airbus plans to formally launch its assembly plant in the northern Chinese port of Tianjin on Sunday, the company said on Friday.
"The completion of the first assembly line outside Europe, in China, is a visible cornerstone of Airbus internationalization strategy," Airbus said in a statement.