All news – Page 7157
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News
Autumn break is big turning point
The severe turbulence seen in global equity markets this autumn will have a lasting impact on the climate in which publicly-quoted corporations operate. In purely economic terms it almost certainly signals an end to the exceptional growth seen around the world over the last few years. But its financial impact ...
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Garvey/Slater: great team work
In her first major public speech as the US Federal Aviation Administrator, Jane Garvey may not have set the industry on fire, but the underlying message - coupled with recent announcements made by the Department of Transportation - was unmistakeable. Garvey is putting the FAA back on the straight and ...
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Airline News
Air France relocated its London/Heathrow-Strasbourg service to London/City on 27 October, and began codesharing with Finnair on three daily Paris/Charles de Gaulle-Helsinki flights. Jersey European Airways is oper-ating franchise services for Air France on Paris/CDG- Birmingham-Glasgow. Air France has launched a new twice weekly Paris/CDG-Newcastle service in a franchise deal ...
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Alliances: decision time approaches
There can be few more important commercial issues for airlines than the future shape of their alliances. A series of regulatory decisions about major alliances is about to be made. The outcome will determine the shape of the airline business, for the next several years at least. At the ...
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Airlines drop French polish
French carriers are lining up to follow the lead taken by startups Virgin Express and EasyJet, with the first no-frills operator due to enter the market by the end of March 1998. A former EuroBelgian Airlines commercial director, Bernard Brejoux, is working on plans to launch a low-cost operation, ...
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Hong Kong lowers fees
It sometimes pays to complain. Airlines have won their battle against the proposed fees at Hong Kong's new Chek Lap Kok airport, which were originally to have been double those at Kai Tak. After more than a year of heated negotiations, the airport authority has sliced between 25 per ...
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Japan-Taiwan make a deal
After a decade of talks Japan and Taiwan have finally reached an agreement on increased air services, including clearance for a Taiwanese carrier to operate directly into Osaka for the first time in quarter century. Under the deal, Taiwan's EVA Airways will be allowed daily flights into Osaka/Kansai airport ...
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US veers to port in Japan
The US is continuing its hard line in bilateral talks with Japan in the wake of its victory over the shipping showdown with Tokyo. The chances of an outline agreement being signed at the Apec economic summit in Vancouver on 24 November seemed slim but an accord seemed imminent. ...
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Jet propelled into action
India's second biggest domestic airline, Jet Airways, is shedding long-time equity partners and forging links with new allies, as well as gearing up to take on rivals Air India and Indian Airlines on international services. It's all change as far as Jet's partners are concerned. Middle East operators Gulf ...
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Born again airlines
Karen Walker. Those low-fare, low-cost US airlines still standing as the year draws to a close may well wish to take a bow. In sharp contrast to the US majors, for them 1997 will have been a year of survival rather than profitability. For the low-cost airlines that are ...
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Nine cry foul over Milan
The complaint by nine major operators at Milan/Linate airport to the European Commission about next year's transfer to the new Malpensa airport reflects their concern over the threat that Malpensa poses to their own hubs. While Alitalia could not develop Malpensa into a hub alone, the Italian flag carrier ...
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Airbus accord
The four Airbus partners have agreed to make the consortium a limited company by early 1999 with management control over all manufacturing functions. A decision has been postponed over whether legal ownership of the factories should also be transferred. Source: Airline Business
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US to open more skies?
The US open skies machine continues its march around the globe, with the hope that Chile may become the 26th country to seal an agreement. Although the text of the US-Chile open skies treaty has been agreed, the Chilean government is holding out until the American/LanChile alliance is approved ...
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Conquering TAP's markets
Portugalia has cemented its position as the first and, so far, the only home-grown challenger to TAP since its launch in 1990. The carrier is one of the best examples of the gradual impact of deregulation in Europe. It has followed an opportunistic path from the domestic market through limited ...
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SAA heads set to roll?
South African Airways' parent company Transnet has appointed a New York-based recruitment agency to headhunt senior managerial staff as part of the airline's restructuring process. Zukile Nomvete, the Transnet executive director responsible for SAA, says emphatically that his own job is not in doubt. He makes no mention of ...
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Saab out but Fokker in?
As Saab prepares to make its formal exit from the manufacture of regional aircraft, attempts to resurrect the production of Fokker jets are continuing. Saab's official statement merely says that the company is examining the possible closure of its Saab 340 and Saab 2000 aircraft production lines, but a ...
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S Africa to sell airports
At least 29 airport operators from Europe, North America and Asia have expressed an interest in the privatisation of South Africa's nine state-owned airports. According to the Department of Transport's advisers, Deutsche Morgan Grenfell, the government initially plans to sell 49 percent of the Airports Company South Africa (ACSA), ...
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Spain adds to civil war?
Spanish rivals Air Europa and Spanair are set to extend their domestic battle to the international arena as both carriers launch services to the US and link up with US majors. Palma-based Spanair was due to launch its first scheduled operation to the US on 20 November, flying from ...
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A pan-European hubbing pioneer
As its chairman and chief executive officer, Franco Mancassola makes no apology for his personification of Debonair's brand image. And with a penchant for designer clothes, expensive cars and the more upmarket passenger, nor does he make any attempt to disguise his disdain for some more downmarket, no-frills rivals. ...
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Easy does it
Easy come, easy go. Hopefully EasyJet's use of this slogan to depict its ticketless booking and rapid check-in and boarding procedures will never apply to its presence in the European airline industry. Few think it will. The airline's charismatic chairman, Stelios Haji-Ioannou, has made sure his startup uses technology ...