All news – Page 6792
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News
USA/China spring surprise with an air services deal
Incumbent carriers have won a reprieve from the immediate entry of new players on China-USA routes, with a surprise new air services agreement signed in April which protects them for at least two more years. The agreement was signed on 9 April in Washington during Chinese premier Zhu ...
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but UAL doubts US-UK open skies
United Airlines is losing faith that a UK-US open skies deal will ever materialise despite industry hopes that progress is at last being made. Despairing of the lack of progress towards a new UK-US air transport pact, Michael Whitaker, United's vice-president international and regulatory affairs, claims that "there ...
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United launches attack on Washington market
A new push by United Airlines to expand its north-south US network has intensified competition from Washington DC to other key East Coast cities. United's expansion strategy in the region relies heavily on its Dulles, Virginia-based regional partner, Atlantic Coast Airlines (ACA), which operates as a United Express ...
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Boeing gets back on track
A "solid and clearly improving performance" at Boeing has seen the company post healthy first quarter net profits of $469 million - a better than anticipated result after the aircraft giant's woes last year. Boeing warns, however, that recent stronger prices on commercial jets are not expected to hold for ...
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Routes
Delta in China - Delta Air Lines and China Southern Airlines have begun a non-stop codeshare service between Los Angeles and Guangzhou. China Southern operates the route three times a week with a Boeing 777. Guatemala bound - Continental Airlines will begin a non-stop Saturday service between New York ...
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FAA shifts Y2K focus
US concerns over year 2000 (Y2K) compliance are shifting to the international arena after a live test of the country's air traffic control system revealed no date-related problems. The test, conducted by the Federal Aviation Administration on 10-11 April, involved all major elements of the US air traffic ...
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TAAN joins Venezuelan start-up
Despite warnings from industry observers that Venezuela's future calls for fewer rather than more airlines, new carriers continue to line up to fill the hole left by the demise of flag carrier Viasa. TAAN (Transporte Aereo Andino) is the latest planned start-up, and one of three carriers seeking operating certificates ...
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Spirit soars in USA
A US start-up which has so far secured its mostly profitable existence by controlling growth and sticking to niche leisure markets up and down the east coast is to test new waters. Detroit, Michigan-based Spirit Airlines will begin a non-stop service to Los Angeles in June and is expanding operations ...
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Legend in the making
Since declaring plans to launch an all first-class airline out of Dallas, Texas, management at Legend have fought an uphill battle to get off the ground. It could turn into the stuff of which legends are made - a US startup, with a flamboyant and outspoken chief executive, exploiting ...
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Bringing airlines to account
The lure of global capital markets is spurring the search for international accounting standards. To accompany the launch of the latest Bridging the GAAP reference work, author Ian Milne reports on an accountancy revolution. International accounting standards may seem an unpromising place to seek a revolution, at least one that ...
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Two bid for Ansett half stake
Singapore Airlines (SIA) and Air New Zealand (ANZ) each want the half interest in Ansett Holdings that News Corporation is selling for A$500 million ($315 million). ANZ owns half of Ansett Holdings, which in turn owns 49% of Ansett International Airlines and 100% of Ansett Australian Airlines. When ...
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JAL turns the corner but ANA struggles
Recovery has started sooner for Japan Airlines (JAL) than for All Nippon Airways (ANA). JAL has returned to profit, but both carriers face the twin threats of recession and domestic competition. Figures for the financial year ending 31 March will not be available until May, but the ...
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Pilot strife hits Asia
Cathay Pacific Airways and Royal Nepal Airlines have lengthened the list of Asian carriers suffering from discontented pilots. Troubled Royal Nepal suffered a serious problem in March when its pilots went on strike, grounding the carrier for 10 days. The dispute stemmed from the Kathmandu-based airline's controversial ...
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PAL suffers new rejection
The Philippine Airlines (PAL) soap opera continued in March and April, with a new episode nearly every day in the carrier's fight for survival. As of mid-April, Manila's Securities and Exchange Commission (SEC) had rejected a second rehabilitation plan filed by the airline in March, on the grounds ...
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Routes
Australian deal - Under a revised agreement, Australia and Austria are to allow unlimited cargo flights and greatly boost passenger allowances between the two countries. Austrian carriers are granted an immediate 53% increase in the number of seats sold, while airlines from both countries can add extra flights from October ...
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KAL's safety blasted on the net
Korean Air (KAL) is facing a new public relations crisis after the anonymous publication on the Internet of a damning review of its flight safety procedures and Delta Air Lines' suspension of its codeshare alliance with the carrier. The detailed assessment appeared on the Internet in March. In early ...
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China battles airline losses
China's Civil Aviation Administration of China (CAAC) is taking steps to help turn around the country's airlines after last year's loss of over ´6 billion ($725 million). Topping the list is a plan to merge China's 40 airlines into three to six groups. Liu Jianfeng, CAAC director, announced ...
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Virgin aims to attack BA via Air-India
Air-India is negotiating a marketing tie-up with British Airways rival Virgin Atlantic aimed at reducing BA's dominance on the India-UK sector. Meanwhile, speculation in India is growing that BA and Lufthansa may be interested in an equity stake in Air-India. Under the rumoured tie-up, the two European carriers would ...
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Rights and wrongs
Passenger rights bills are currently winding their way through US Congress. Are passengers set for a better deal? Twenty one years after the US Government gave the airlines free rein to run their businesses as they saw fit, Congressional fingers are beginning to itch. A glance at the various ...