All air transport news – Page 2572
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Suppliers
Dutch manufacturer Stork is to pay DFl302.5 million ($182 million) to take over Fokker Aviation, the solvent maintenance and support arm of Fokker. Rolls-Royce has signed a memorandum of understanding with Boeing about developing the Trent 900 engine for the stretched B747. Pratt & Whitney's PW4090 ...
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PAL phased by cargo bias
Struggling Philippine Airlines is fighting to retain its share of the cargo market as it starts to suffer under the impact of the government's liberal air services regime. Reportedly heading for a US$65 million loss in its current financial year, the carrier has appealed to the Civil Aeronautics ...
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Cost-cutters save more
As Lufthansa launches an interim cost-cutting campaign to offset a weak first half performance, Swissair aims to cut salaries by 5 per cent after agreeing a pay deal with its pilots. Lufthansa is looking to save DM190 million ($130 million) in the second half of 1996, following a ...
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Deciphering codes
The burst of renewed scrutiny of codesharing practices may say more about the attitude of regulators than the concern of passengers. By Doug Cameron. Please tick as applicable. The aircraft was late. The seats were too narrow. The service was lousy. You had red wine spilled down your white ...
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Fans support spreads
The benefits of the Future Air Navigation System have been slow in coming, but now they are tantalisingly close to being realised and more countries are rallying to the cause.
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Asia's liberal minority
Aeropolitics The US is making headway with its open skies philosophy in Europe but the Asia-Pacific market is proving a tougher nut to crack. Tom Ballantyne looks at the differing regional attitudes to liberalisation with the outside world and then assesses progress on open skies locally. To Asia-Pacific's growth-hungry ...
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Starting over
The second wave of US new entrant airlines is proving more resilient than the first and some venture capitalists are now looking at Europe. Russell Winter offers a formula to make sure aspiring low-cost startups, especially in Europe, find financial backers with deep pockets.Many industry specialists continue to believe that ...
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Off to a head start
After a long wait, deregulation in Europe has spawned a growing number of startup carriers which are now providing a serious challenge to the majors. Lois Jones reports Until now, startup carriers have tended to provoke no more than a bemused glance from Europe's old timers. But the ...
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Financial data
Air Canada's operating profit fell from US$33m to US$27m as domestic yields fell, but the sale of Continental Airlines shares netted C$129 million. America West's record quarterly earnings came as traffic grew 13.8%, load factors rose 3.3 points, yields jumped 4.1%, and unit costs fell 7.5%. ...
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Liability still in question
The TWA crash in mid-July underscores the uncertainty that still surrounds airline liability, despite progress made on Iata's voluntary agreement on unlimited liability. The agreement was signed after the crash, so won't affect claims against TWA. But the carrier could still follow the example of American Airlines, which ...
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Aviastar JV bid in Taiwan
Russia's largest commercial aircraft manufacturer Aviastar is bidding to carve out a niche in Asia by proposing to set up a joint venture aircraft assembly, marketing and maintenance centre in Taiwan. The Russian firm, which already has a marketing presence in Taipei, aims to assemble the medium-range Tu-204 ...
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Air Afrique states case
We have been deeply upset by the article 'Eleven oust Afrique boss' (Airline Business, June) commenting on Yves Roland-Billecart's departure from Air Afrique. Roland-Billecart's decision to resign was a consequence of the resolution from the Ministers of Transport of Air Afrique's owner states to separate the functions of chairman ...
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All together in the Middle East
The collapse in yields to the Indian subcontinent and the Philippines has pushed carriers in the Middle East into a fares pact aimed at stemming the decline. Gulf Air, Emirates and Kuwait Airways agreed at a meeting in Kuwait in June to raise market fares on sectors to ...
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TWA resists Pan Am rerun
After years of proving detractors wrong and just as the carrier was showing signs of recovery, TWA is once again fighting to prove that it can survive, following the crash of Flight 800 off New York's Long Island on 17 July. In the three weeks that followed the ...
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Running for cover
The war in former Yugoslavia highlighted some problems for that invention of the previous decade, political risk insurance for aircraft lenders. Angus von Schoenberg tells how the insurance product has developed and matured. Political risk insurance (PRI) as a form of security for aircraft financiers is no longer the new, ...
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ValuJet's long shadow
US The crash of ValuJet Flight 592 in May has had more impact on the US airline industry than any other commercial aviation tragedy. Mead Jennings explores the longer-term repercussions of the ValuJet affair. The repercussions of the crash of a 27-year-old ValuJet Airlines DC-9 in Florida's Everglades, which killed ...
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Mandela inspires trade into Africa
After more than a decade of being regarded as a lost cause, there are increasing signs that sub-Saharan Africa is making a return to the global economic and political system. In the 1990s, apart from periodic bouts of brutal violence in countries as diverse as Rwanda, Burundi, Liberia and Nigeria, ...
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Airline news
Canadian Air Cargo and American Airlines Cargo begin an alliance on 1 September. Canadian Air Cargo will be general sales agent for its US partner in Canada and American will be GSA for Canadian Air Cargo in the US, Latin America and the Caribbean. Continental Airlines plans to ...
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China's links are at stake
The clearing of the aeropolitical clouds over Hong Kong may be having a downwind effect in Taiwan, where direct air links with China (PRC) are moving from political rhetoric to actual preparation. Wang Guixiang, chairman of China National Aviation Corporation and new chairman of Dragonair, was the first ...
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Qantas faces union threat
Qantas's management is facing confrontation with unions over a new wage agreement as it launches a drive to try to control costs and improve on disappointing productivity gains. Flight attendants and ground workers have already hinted at industrial action if they fail to win agreement on across the ...