All news – Page 7138
-
News
The labour lever
Thirty years ago, many would have considered working for an airline the best job available. A young pilot or flight attendant had the opportunity both to earn great pay and to see the world. And flight benefits allowed free travel in leisure time. Management was supportive and focused on the ...
-
News
Love lost over airfield
In a David and Goliath-style battle, a legal war is raging in Washington D.C. over the future of Love Field Airport in Dallas, which could lead to new competition for American Airlines this year. Due to the Wright Amendment, a long-standing federal law designed to protect Dallas/Fort Worth International ...
-
News
Cintra may split control
Under scrutiny from Mexico's Chamber of Deputies and Mexican federal agencies, Cintra, the holding company for Aeromexico, Mexicana, and AeroPeru, is deliberating whether to retain common control or split each airline into a separate company. Pressure on Cintra has been mounting since last May, when it first disclosed plans ...
-
News
First timers
Virgin Express raised US$96.3 million from its initial public offering in November. The deal was 10-times oversubscribed and values the carrier at $216 million. Virgin Group retains a 60 per cent stake in the airline. Source: Airline Business
-
News
Oz saves Niugini's day
Help is at hand for debt-ridden Air Niugini as an Australian businessman prepares an offer for the flag carrier. Michael Bromley, a former chairman of Air Niugini, approached the Papua New Guinea government in late November. But Bromley was stopped from placing a specific bid on the table by ...
-
News
Low fares capture more Web sales
A handful of airlines, including America West, Delta, Southwest and Cathay Pacific, have begun to use the Internet to offer creative pricing initiatives -- above and beyond the Wednesday online fare specials first introduced by American with its Netsavers - both to promote their World Wide Web sites and to ...
-
News
Holding the pieces together
The old adage, 'what goes up must come down' is frighteningly true most of the time, and whether the topic under discussion is the economy or the fortunes of the airline industry, there is no escaping its veracity. As the industry enters 1998, many managers will be wondering if ...
-
News
Peru fears lost status
Peru fears it could lose the Category 1 safety status it only regained last July if it extends supervision to civilian domestic flights flown by its military. Peru's concerns follow confusion over the US Federal Aviation Administration's right to consider foreign domestic issues under its safety assessment programme. ...
-
News
Hop-around on Oz policy
Qantas and British Airways were breathing more easily in December after Australia's route right authority cleared the pair to extend codesharing on the London to Australia Kangaroo Route. The decision represented a backdown by the route authority, the International Air Services Commission. The IASC had earlier published a draft ...
-
News
Icao soothes safety fears
Icao has salvaged a role as a global aviation safety watchdog after hammering out an agreement at its safety convention. However, critics fear that the International Civil Aviation Organisation will not clamp down on countries which ignore safety standards. The 145 member states attending Icao's November safety conference in ...
-
News
Restrictions put KLM all out at sea
'The Owl and the Pussy-cat went to sea in a beautiful, pea-green boat'. Unlikely, yes, but a lot more realistic than millions of passengers, an airport and all Dutch airlines shifting to the middle of the North Sea. Yet a new airport to be built on an artificial island ...
-
News
SIA in Star tie-break
Singapore Airlines is expected to become the seventh member of the Star Alliance by the first quarter of 1998, but uncertainty hangs over the final Asian line-up of the largest alliance group. SIA took its first step on the Star trail at the end of November when it signed ...
-
News
Taiwan not ready to talk
Now you're talking. Or are they? Politically sparring partners, Taiwan and the People's Republic of China, may be nearing the negotiating table, but they're still skirting around aviation issues. Taiwan President Lee Teng-hui and Prime Minister Vincent Siew have both declared that talks on direct transport, trade, and postal ...
-
News
Tarom heads over two
Tarom Romanian Airlines is closing in on a union agreement to restructure the carrier after the government revamped its senior management again last year. Gheorge Racaru has been reappointed as managing director after being sacked from the position in mid-1996 after succumbing to union opposition for his plans to ...
-
News
TWA tipped for upturn
A new president, a new injection of capital and a new feeling of confidence seem to be gearing Trans World Airlines up for what could be its turnaround year in 1998. TWA has named William Compton, a former MD-80 captain and a member of the Air Line Pilots Association's ...
-
News
Atlantic rush
Several new transatlantic routes are in the works. Continental Airlines is to link New York/Newark with Moscow, Dublin, Shannon and Glasgow. Delta Air Lines will fly from Atlanta to Hamburg and from New York/JFK to Stockholm and Stuttgart. KLM/Northwest are to fly from Amsterdam to Seattle and Philadelphia. US Airways ...
-
News
Colombo cased
The short-list for a 40 per cent stake in Air Lanka has been narrowed to Emirates, Continental Airlines and Malaysian start-up, AirAsia. The Emirates proposal involves taking over management of Air Lanka in return for a reduced purchase price. Source: Airline Business
-
News
SAA timetable
The airport authorities of BAA, Schiphol, Frankfurt, Milan, Rome and Montreal are each to bid for a 20 per cent stake in the Airports Company of South Africa. Source: Airline Business
-
News
Freddie flung
Laker Airways' case against British Airways has been thrown out by a Florida court. Laker had alleged that BA was blocking its bid to secure competitive slots at London/ Gatwick for its transatlantic services. Source: Airline Business
-
News
China offering
China Eastern has completed its first domestic equity offering, raising a net US$86.8 million with a Shanghai exchange offering of 300 million shares reserved for Chinese investors. Meanwhile CNAC's proposed Hong Kong float has been shelved again following the currency crisis rocking southeast Asia. Source: Airline Business