All news – Page 7188
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Float tied by IMF's strings
The future of Thai Airways International's privatisation programme may hinge on a deal with an unlikely source - the International Monetary Fund - as a result of strings attached to a US$16 billion rescue package for the beleaguered Thai economy. The poser for the Thai government is that ...
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Airtran does the business
ValuJet is giving up more than its name in the planned merger with fellow Atlanta startup AirTran Airways. The no-frills, single-class, open-seating service is going as well in a quest to attract the business traveller. From November the new ValuJet, renamed AirTran Airlines, will no longer focus purely ...
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French spin
Jean-Cyril Spinetta has taken over as chairman of Air France following Christian Blanc's resignation. Spinetta was president and CEO of Air Inter until 1994. Source: Airline Business
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Trust United
The US DOT has awarded antitrust immunity to the United Airlines-Air Canada alliance. Source: Airline Business
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EMB-135 launch
Embraer has launched its 37-seater EMB-135 jet. The business plan envisages investment of $100 million and 500 orders over 10 years. The aircraft will have 90 per cent commonality with the EMB-145 and the first delivery is expected in the second half of 1999. Source: Airline ...
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Schiphol on top
Amsterdam/Schiphol won the overall Airport Marketing Award at the Airline Business/ASM Routes conference in Oslo. Specialist award winners were Manchester, for best trade advertisement; Dubai, for best print material for the trade; Birmingham, for best consumer advertisement/poster; and Stansted, for best consumer print material. Source: Airline ...
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Jamaica go!
The US FAA has awarded the Jamaican Civil Aviation Authority Category 1 status for its safety oversight, which allows Air Jamaica to resume normal US operations after almost two years of Category 2 safety constraints. Source: Airline Business
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UK electric
United Airlines has introduced electronic ticketing on longhaul services, with the launch of its E-Ticket system on US-UK routes. Source: Airline Business
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Global travel
Sabre has extended its Travelocity Internet travel booking system to cover 70 countries. Customers can now obtain fare and tax quotes in their local currency and have tickets issued through a local travel agency. Travelocity has 1.5 million members and took $95 million in bookings last year. ...
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Basle buster
Europe Continental Airways, the Basle-Mulhouse-based start-up in which Crossair has a 35 per cent stake, will launch flights in spring 1998. The carrier is controlled by French investors and no decision has been taken on the carrier's final trading name. Initial services will start with two Saab 340s but up ...
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AVIC reacts
In response to complaints that the government is doing too little for China's interior, Aviation Industries of China has agreed to shift the planned assembly site of the AE31X from Shanghai to Xian. But there are doubts over the continued participation of Singapore Technologies, with reports suggesting it is concerned ...
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ANZ lists in Oz
Air New Zealand listed its B shares, the stock available to foreign investors, on the Australian Stock Exchange in October. The move is aimed at reflecting the carrier's growing presence in the Australian market. Source: Airline Business
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Cargolux sale
SAirLogistics, the cargo and logistics subsidiary of Swissair parent SAirGroup, has bought Lufthansa Cargo's 24.5 per cent stake in Cargolux. The latter will enter an extensive cooperation agreement with Swisscargo as a result. Source: Airline Business
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Push start on the Web
Taking Internet technology to the next level, Lufthansa recently became the first airline to use 'push' technology to send its customers fare data regularly. Individuals who surf the Web, seeking out information on their own, are said to be 'pulling' this data from the Internet. Whenever a Web ...
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Don't just look, book !
Microsoft's Expedia travel Web site is cracking down on people who look but do not book, though instances of this seem to be rare. Josh Herst, group product manager of Expedia, says the site now has over 700,000 members and is posting sales of over $2 million weekly, ...
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The tigers advance
Asian carriers have taken the biggest share of the rapid growth in the US-Pacific market. April Pearson reports. Over the past five years, transpacific traffic to and from the US has risen by 33 per cent - nearly 10 percentage points more than the transatlantic market - according to ...
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Brown is beautiful
As demand for express products continues to grow in overseas markets, United Parcel Service has carefully tailored its international operations to suit each region and is willing to take a long-term view in waiting for the rewards. Karen Walker reports. The last 12 months have been somewhat colourful for ...
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Sole survivor
Canada has rapidly lost two of its low-cost airlines, leaving WestJet as sole survivor. David Knibb looks at the lessons which should be learned and examines the prospects for any future Canadian new entrants. Like a tree shedding leaves in autumn, two of Canada's three low-cost airlines - Greyhound ...
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Flyers in the ointment
High average load factors are leading US airlines to clamp down on multiple bookings which play havoc with their yield mix. But some more advantageous solutions should be considered. By Bill McKnight, Geoff Murray and Patrick Meynial. Plan ahead. Leave yourself plenty of time. Always check in at the ...