All news – Page 7262
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Air jets off
French independent Air Jet, which pioneered ticketless travel in Europe, has ceased scheduled operations and withdrawn from its solitary route, from Paris/Charles de Gaulle to London/City. Air Jet will continue to operate in the charter sector. Source: Airline Business
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Canadian credit
Canadian Airlines has reached an agreement with its creditors to defer $123 million in debt and lease payments that were due by 29 May, and has begun a normal payment schedule. Source: Airline Business
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Laker sues BA
Laker Airways has filed an antitrust lawsuit against British Airways in the US, alleging exclusionary tactics by the UK major. The US startup claims that BA controls the slot allocation committee at London/ Gatwick, which denies Laker a 'fair opportunity to compete on Miami-London'. The suit also says that Laker ...
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Micro control
Continental Airlines has bought back the outstanding 9 per cent stake in subsidiary Continental Micronesia for $73 million, to take its holding up to 100 per cent. Source: Airline Business
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Paris terminal
The new French government has suspended construction of two extra runways at Paris/Charles de Gaulle, following traffic noise concerns. The runways are vital for Air France's expansion at its main hub, which is close to its capacity limit. Source: Airline Business
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German holding
British Airwaysnow owns 65 per cent of its German subsidiary, Deutsche BA, after buying Bayerischen Vereinsbank's 16 per cent stake in July. Source: Airline Business
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Rule Britannia
Britannia Airways has become the first foreign carrier to enter the high-yielding German charter market by setting up subsidiary Britannia Airways GmbH. The carrier will operate two B767-300ERs from May 1998 for tour operator FTi. Source: Airline Business
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Little moves on US-Japan
Alliance plans appear to have led to a softening of United Airlines' stance towards US bilateral talks with Japan, but there is little progress on open skies talks with the UK. Formal bilateral negotiations between Japan and the US resumed in July, with Tokyo still rejecting the prospect ...
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Virgin leaves Sun's orbit
In a surprise move, Virgin Atlantic Airways has opted out of the bidding for a stake in its current South African partner Sun Air, and has set its sights on the biggest fish of all, South African Airways. Virgin's withdrawal from the sale of state-owned Sun Air means ...
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US starts up merge mania
Low-fare, low-cost startups on both the east and west coasts of the US are seeking critical mass through mergers in their struggle for survival. On the east coast, ValuJet's mid-July merger with Airways Corporation allows the Atlanta-based airline to obtain critical mass without technically infringing the growth restrictions ...
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AA set to win Latin stake?
Victory appeared close for American Airlines at presstime in its bid to capture a stake in Aerolineas Argentinas. Although American was making no comment and Continental Airlines, the other bidder, said it had not been informed of any decision, well informed sources in the US were saying that ...
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French kiss of life?
Air France is getting into shape with a healthier balance sheet and budding alliance strategy. But its privatisation plans could be scuppered by the new French government and union problems remain. Lois Jones reports from Paris. Inhale, exhale. Inhale, exhale. Anybody got a spare inhaler handy? Air France needs more ...
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Alitalia gets cash crutch
State aid conditions attached to Alitalia's capital injection present few surprises, other than the insistence on the removal of the carrier's monopoly rights on international routes and a potential loophole which could allow the carrier to circumvent restrictions on capacity expansion. The European Commission was set to rule ...
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Business revolution
While Ansett Australia is certain to benefit from its relationships with Air New Zealand, United and Singapore Airlines, the carrier knows that internal change is required to ensure a more profitable future. By Tom Ballantyne. When former Cathay Pacific managing director Rod Eddington took control of financially struggling Ansett ...
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Shifting sands
European carriers have taken the lead across the North Atlantic, and major airports like Detroit, Heathrow and Amsterdam have emerged as the clear winners. April Pearson examines the latest data on the US-Europe market. Newly released International Onboard traffic data demonstrates how much the most competitive airline market in the ...
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Union action is ailing BA
British Airways' chief executive Robert Ayling was forced to adopt a more conciliatory tone with the airline's largest trade union, the Transport and General Workers' Union when, during a three-day strike by cabin crew in early July, BA ground staff voted to reject the package of terms and conditions linked ...
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Taipei bids to reign in CAL
Taiwan's government is trying to take control of China Airlines before it is opened up to foreign ownership amid suggestions that Taipei is worried that mainland China may seek some of the equity. Taiwan's transport and communications ministry has demanded control of the carrier's holding company, China Aviation ...
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Unity comes to Caribbean
The Caribbean islands, jolted by the damaging implications the threatened pilot strike at American Airlines could have had on tourism to the region, have put aside internal differences to pursue a unified commercial aviation policy. Air Jamaica and Montego Bay Airport, now designated the carrier's hub for the ...
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Airports face down charge
Brussels' second attempt to push through legislation to harmonise airport charges in Europe has attracted the usual hail of criticism from both sides of the industry. Airport charges vary widely across the European Union. In its draft proposal, the Commission highlights a 'cost variation for these facilities and ...
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Bogota plays safe for FAA
Colombia's airlines are feeling the effects of an invigorated safety campaign aimed at convincing the US Federal Aviation Administration to upgrade Colombia from its Category II status under the FAA's controversial rating of the oversight practices of foreign civil aviation authorities. The country's third largest domestic carrier, Aero-Republica, ...