News Listings for Basiq Air

  • Global reach

    News | 30 Apr 2005 23:00

    The first ever Airline Business low-cost survey demonstrates just how far the sector now reaches, and it shows no sign of any let up
  • Cost conscious

    News | 30 Sep 2004 23:00 | Günter Endres

    <P><STRONG>Hapag-Lloyd Express chief executive and European Low Fares Airline Association president Wolfgang Kurth is at the forefront of Europe's low-cost revolution</STRONG></P> <P>If the traditional airline industry still needed reminding that low-cost carriers, far from being a passing phase, have matured into a sustainable sector distinct from the legacy carriers, then any last lingering scepticism should have been jolted by the formation last January of the European Low Fares Airline Association (ELFAA). And if any full-service airlines still feel tempted to sneer at this upstart, they would do well not to underestimate the man who heads the association as its president. </P> <P>Wolfgang Kurth, who is also chief executive of low-fare airline Hapag-Lloyd Express (HLX), is not given to the flamboyant self-promotion of easyJet's founder Stelios Haji-Ioannou, or the shooting from the hip - occasionally into his own foot - of Ryanair's Michael O'Leary. With a professional career spe
  • Air France-KLM get merger approval

    News | 31 May 2004 23:00

    <p>Air France and KLM have cemented their merger and given the first indications of how the company will be run in the future.</p> <p>Air France's takeover of the Dutch flag carrier was completed in early May, with nearly 90% of KLM shareholders giving their approval to the deal. The takeover also sees the French state become a minority shareholder in the new entity, with its shareholding dropping from 54% to 44.7%. </p> <p>Air France president Jean-Cyril Spinetta expects his government to further halve its stake later this year. The two carriers are now concentrating on the planned entry of KLM, Continental Airlines and Northwest Airlines into the SkyTeam alliance - which is led by Air France and Delta Air Lines - in September this year.</p> <p>At a press conference in Paris convened to announce the deal, Spinetta and his deputy chairman, KLM chief executive Leo van Wijk made it clear that they will follow a two-hub strategy based around Paris Charles de Gaulle (CDG) and Amsterdam
  • Transavia plans cuts and productivity drive

    News | 08 Sep 2003 23:00

    <p>KLM subsidiary Transavia is to cut 70 of its 450 ground staff under measures to save €14 million ($15 million) over the next two years. The airline also plans to simplify its fleet by returning three Boeing 757s to lessors by November, leaving it with only 737-700s and -800s, and hopes to increase productivity of flight and cabin crews. </p> <p>Although Transavia reported €17 million profit before tax on €509 million revenue last year, it now says: "An increase in revenue is an unlikely prospect - certainly in the short term." It blames the cuts on overcapacity and pressure on prices in the continuing downturn in the aviation market. </p> <p>As well as fleet and job cuts and productivity increases, Transavia, which operates scheduled services under the Basiq Air brand and charter flights, has also moved to ticketless operations and has stopped selling through travel agents, booking both Basiq Air and seat-only charter flights over the web or telephone.</p> The board of loss-m
  • Decision time

    News | 31 Jul 2003 23:00

    <p>The chief executive of KLM is about to bring to an end more than 10 years of alliance manoeuvring when he links his airline to either the oneworld or SkyTeam alliance</p> <p>KLM chief executive Leo van Wijk seems remarkably relaxed for a man preparing to decide the fate of Europe's fourth largest carrier. At some point over the next few months, he will, barring a major change of plan, tie the Dutch flag carrier to either the oneworld or SkyTeam alliance. The carrier's future shape and even its very survival are at stake. Either way, one thing is clear: there is no going back. "This choice will determine the future of our company," he admits. "This is a once in a lifetime decision."</p> <p>Van Wijk says he expects to take the plunge this autumn, and while he readily admits that these timetables have a habit of slipping, he is confident that the waiting will soon be over. "We have done the right thing by taking our time, but if we wait another six months we won't know any more than
  • Budget options

    News | 01 Feb 2003 00:00

    <p>The entry of SAS into the low-cost sector is just the latest response by north European carriers to the no-frills threat</p> <p>Ever since the emergence in Europe of the low-cost sector in the late 1990s, the continent's full service carriers have been trying to fathom out how to respond to this new challenge. In the UK - the first major market to be exposed to low-cost competition - flag carrier British Airways launched a low-cost subsidiary, Go, in 1997, only to bail out five years later as the new entity was cannibalising mainline traffic.</p> <p>KLM followed BA in launching a low-cost offering, Buzz, as its KLM uk regional subsidiary struggled against the likes of Ryanair and easyJet. Unlike BA, KLM has stayed with Buzz, although it is looking for an investment partner for the operation. It also launched Basiq Air in its home market. Lufthansa also put its foot in the low-cost door through its minority-owned German regional subsidiary Eurowings. The latter launched germanwing