All news – Page 6660
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News
Apec promises progress
Asia-Pacific Economic Co-operation (APEC) forum leaders have pledged to further liberalise air services "better to meet consumer needs". APEC leaders made the pledge following high-level meetings that wrapped up in Auckland, New Zealand. Concrete measures on how this promised liberalisation will be realised were not tabled. Source: Airline Business
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Maldives spreads wings
Air Maldives is to lease three Airbus A310s from the manufacturer as part of a major route and fleet expansion. Services are to be added from November to five new destinations: London, Paris, Johannesburg, Kuala Lumpur and Bangkok. Source: Airline Business
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FedEx extends Subic lease
FedEx has agreed to extend its lease at its Asia-Pacific hub at the Subic Bay Freeport Zone in the Philippines for another five years, to 2007. FedEx established its hub operation at Subic Bay in 1995 and its Asia-Pacific express air cargo transport network, dubbed Asia One, connects 17 cities ...
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China crisis no more
Hong Kong and New York-listed China Southern Airlines and China Eastern Airlines have both returned to profitability in the first half of the year. Guangzhou-based China Southern posted a ´216.9 million ($26 million) net profit, while China Eastern posted a ´64.3 million net gain. Both cited internal cost-cutting efforts and ...
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Asiana prepares to list
South Korea's Asiana Airlines is preparing for a listing on the country's secondary Kosdaq market in an exercise designed to raise cash for future expansion. Asiana says it expects a listing by the end of this year and analysts believe it could raise the carrier $200 million. Source: Airline ...
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Labouring in Europe
TOM GILL LONDON Industrial relations appear to have improved and European workers are becoming more efficient. But will the changes be far-reaching enough to enable airlines to cope with cyclical downturn? The British Airline Pilots Association(BALPA) describes itself as "serene". The UK white-collar union MSF says it is ...
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Parts to spare
KAREN WALKER WASHINGTON DC AirLiance Materials, a joint maintenance and spare parts company founded by three Star Alliance airlines, is shaking up the industry. Can other airlines afford not to follow? Dave Sissons cannot help but wonder sometimes whether the airline industry's cautious attitude towards spare parts has not gone ...
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New challenge to charter
European low-cost scheduled operators have begun to make small inroads into traditional charter markets. But, despite some aggressive noises, they have some way to go before posing a serious threat. Europe's low-cost carriers may continue to grab the headlines, but one sector remains resolutely unimpressed. The traditional charter airlines ...
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Olympic work just begun
LOIS JONES LONDON Olympic Airwarys appears to be making financial gains by attacking costs, but a major restructuring effort still faces the Greek carrier's new management team. The Greek Government tendered the management of Olympic to British Airways consulting subsidiary Speedwing, with a view to making it more ...
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Routes
Stockholm bound -Eurowings is starting a new scheduled service in October, using an ATR 42-500. The flight will be operated in conjunction with partner KLM. Emirates, will be codesharing with SriLankan Airlines code-sharing on three times weekly flights between Dubai and Stockholm, starting this November. BA heads to Hannover ...
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UK charter airlines growing urge to merge
Consolidation is speeding up in the UK leisure market as charter carriers Flying Colours and Caledonian Airways merge to form a vertically integrated airline, JMC Airlines. The creation of JMC Airlines follows the merger of parent companies, Thomas Cook and Carlson. Over the next five years, JMC will ...
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Iberia prepares to float
The delayed flotation of a 54% stake in Iberia will start in the last week of November, according to the Spanish flag-carrier's chief executive, Angel Mullor. The initial public offering (IPO) should raise Ptas300 billion ($2 billion) for Iberia's parent, the state-owned holding group Sepi. The sale marks the ...
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CAL sanctions bite
NICK IONIDES ATI SINGAPORE Calls have been made for a shake-up in both Taiwan's aviation bureaucracy and in China Airlines' (CAL) management team following a crash in Hong Kong in August. So far, the carrier's relatively new management team, installed following an Airbus A300 crash at Taipei ...
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Vietnam in US link-up deal
The prospect of air links between the USA and Vietnam has strengthened following successful negotiations on a codesharing deal, designed as an interim measure until a full air services agreement is reached. The memorandum was to have been signed in Hanoi early in September during a visit to ...
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Routes
New Zealand agreement - New Zealand and Switzerland have signed an air services agreement allowing for scheduled services between the two countries. Air New Zealand has applied to operate to Switzerland and initial services are considered likely via a route-specific codeshare agreement with Swissair. The air services agreement allows any ...
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The Airport Awards
The aviation industry is hardly short of awards events, but the Airport Awards can perhaps claim to be different. Uniquely, these awards aim to recognise the success of airports in developing and implementing marketing strategies - not just for the benefit of passengers and profits, but in partnership with the ...
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Delta pilots talk tough
KAREN WALKER WASHINGTON DC Delta Air Line pilots have thrown down the gauntlet to airline management and demanded formal negotiations in one of the most important US contract negotiations of the year. But a swift response by management has already led to a tentative agreement In addition to ...
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Aloha grows beyond the Hawaiian islands
In the boldest move of its 53-year history, Aloha Airlines has decided to launch scheduled flights beyond the Hawaiian islands. In September, the carrier started weekly flights to the Republic of the Marshall Islands in the central Pacific, and also plans its first flights to the US mainland in February. ...
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Boeing keeps control of outsourcing
DAVID KNIBB SEATTLE Boeing has emerged the winner in its recent negotiations with the International Association of Machinists over the issue of outsourcing. The union had demanded that Boeing give up its right to outsource or subcontract work, a growing concern among Boeing workers worried about job security. Their ...