All news – Page 7238
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Together we stand
As the major airline alliance groups begin to solidify, they are becoming more controversial than ever. This table reveals the truth behind the groups which seek to dominate the airline industry. The Star Alliance is well on the way to being the largest alliance group. Once Varig joins in October, ...
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Marginal gains
Given the usual distortions caused by special items, from restructuring costs to investment write-downs, all summaries of airline profitability have to be read carefully. The overall impression from this year's Airline Business 100 is that 1996 was a great year for some, but others have a long way to go ...
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Ins and outs
Five major airlines were unable to provide 1996 revenue figures, and they have been eliminated from the main Airline Business 100 list because it is unrealistic to attempt to estimate revenues for several years in a row. Had data been available, Garuda's revenues of around $2 billion would ...
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Marking time
It's time to open those bottles of champagne again, as Airline Business reports another year of airline profits. With the 100 largest carriers achieving a collective net profit of nearly $5.5 billion, 1996 looks like another vintage year. Hold on. Before you are overcome by frothy bubbles, take a sober ...
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Traffic leaders
Last year was another relatively strong year for growth. The 100 largest airlines achieved a 5.3 per cent increase in passenger numbers, but as average journey distances increased revenue passenger km jumped by 8.7 per cent. A disappointing freight performance held the growth in total tonne km back to 6.5 ...
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Time to measure up
The airport industry has been caught up in the trend towards benchmarking and should accept performance indicators as a valuable source of information to both managers and investors, argues Peter Mackenzie-Williams. Airports beware. In many business fields managers have for some time increasingly been seeking to compare the performance ...
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Hell for leather
American Airlines is pushing alliance logic to the limit, leaving its rivals howling in protest and regulators perplexed at the issues of hub and market dominance that have been brought to the forefront. Karen Walker reports.Mention the word 'alliance' in the same sentence as 'American Airlines' and you might as ...
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BA strikes up Spanish talks
After a damaging three-day strike forced British Airways back to the negotiating table, management set about leaking plans for a low-cost carrier in a bid to raise the pressure on the cabin crew union. At the same time, BA has started talking with Iberia about a possible alliance, following a ...
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Boeing talks up its MD-95
Boeing talks up its MD-95 fter clearing the last regulatory hurdle in Brussels at the eleventh hour, the newly merged Boeing-McDonnell Douglas is making one last bid to breathe new life into marketing efforts for the MD-95. The 'new' Boeing, which began operations on 4 August, has a ...
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Brazil wipes out its debts
Three of Brazil's major carriers are hoping to wipe huge tranches of debt off their balance sheets, following Transbrasil's victory over the government in a dispute over fare freezes. Varig and Vasp are waiting for joint compensation of US$5 billion against the government, after the supreme court rejected ...
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Time to sprint
The pace of business life in Brazil is slow. The Brazilians tend to advocate the 'Mañana' approach introduced by their Portuguese forefathers and add an extra week onto the deadline for virtually any urgent task. Liberalisation is proceeding at a leisurely pace. 'Any new step towards open skies will ...
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Hun postures as war rages
In a bid to revive Cambodia's standing in the region and the world, new leader Hun Sen played the aeropolitical card while the country was still reeling from a civil war sparked by his bloody coup in early July. As foreign airlines cancelled services and refugees fled into ...
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Strong debut for Southern
Fresh from its strong debut on the Hong Kong and New York stock exchanges in late July, China Southern Airlines has revealed plans to spend nearly US$1.3 billion on a fleet expansion and general modernisation programme over the next three years. The carrier will spend some US$560 million ...
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China yields to fare hike
Beijing's move to hike air fares across the board shortly after scrapping the domestic surcharges for foreign travellers could stunt passenger growth further but should help boost domestic yields. The fare hike is based on proposals put to the government by the Civil Aviation Administration of China. This ...
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Time to worry: the economy is fine
The time to feel most worried about the global economic condition is when things seem to be going well. Take the most recent International Monetary Fund analysis of the global economy. Written in almost poetic terms, it talked of the most favourable economic conditions in recent memory 'underscored by the ...
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Airline news
KLMis to introduce twice-weekly services from Amsterdam to Sapporo and Nagoya effective 28 October. KLMand Transavia are to codeshare to Casablanca from 26 October. Northwest and KLMare to operate daily Amsterdam-Seattle codesharing services from April 1998. American Airlines is to start daily Miami-Asuncion services on 1 December. ...
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How much value on human life?
Despite a strong safety culture, accident rate must improve to avoid more deaths. Ask an airline chief what his or her number one priority is, and the reply will probably be: 'Safety'. It certainly should be. While they struggle with all the other priorities, from service standards to costs and ...
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Great expectations
The European Commission is putting a stronger case than ever before for direct powers to apply EC competition rules to air transport services on third country routes. If it is successful the implications will be enormous. By Trevor Soames.The European Commission never was one to give in easily. With some ...
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Euro alliance shape shifts
The European alliance merry-go-round is turning at full tilt during the northern hemisphere's summer, with loose ends tidied up and new combinations entering the arena. With the holidays more or less shutting the regulators in Brussels down for the month of August, the frustrated officials at British Airways ...
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FAA falters over charges
Under a barrage of protest from overseas governments and pressure at home, the Federal Aviation Administration may back down and modify its position on overflight fees. A senior official at the FAA confirms that most of the comments received on the overflight ruling are negative. Before the current ...