All news – Page 7289
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Foiled again
France has failed in its second attempt to persuade Fiji's Air Pacific to switch its order for the Boeing 737-700 to the Airbus A320. Source: Airline Business
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Caribbean coop
BWIA is looking to extend regional cooperation in the Caribbean along the lines of a memorandum of understanding signed with Air Jamaica. The two carriers will explore cost savings in areas such as purchasing, customer service and engineering, and longer term will consider codesharing and cross utilisation of aircraft. ...
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French Delhi
Air France and Air India have signed a letter of intent to establish a strategic alliance. The deal will see Air India move into Terminal 2 at Paris/CDG and envisages codesharing and FFP links. Source: Airline Business
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Dog's leg
US low fares carrier ValuJet has struck an interlining arrangement with a difference. The deal with Greyhound Lines bus service, called FlightLink, allows ValuJet passengers from three towns in Georgia and Tennessee to catch a bus to the carrier's Atlanta base for $14, with automatic through checking for baggage. ...
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J41 killed off
British Aerospace is to stop production of its Jetstream 41. The line at Prestwick, Scotland will close at the end of 1997, with the loss of 400 jobs. Source: Airline Business
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Profits soften
Icao says airline operating profits fell in 1996. Operating revenues reached US$281.5 billion last year while operating expenses were $269.5 billion, leaving an operating profit margin of 4.3 per cent against 5.1 per cent in 1995. Source: Airline Business
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Ciao Malev
The Hungarian privatisation is in talks with Alitalia to buy back the Italian carrier's 30 per cent stake in Malev and will then start the search for a new strategic investor. The agency is awaiting government approval to start talks with the Italian carrier and hopes to conclude the buy-back ...
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Senate grills the two Bobs
As theatre goes, it was in a class of its own. And as the curtain went down on a US Senate hearing into the US-UK open skies talks in early June, the prospect of progress seemed as remote as ever. The general consensus was that Robert Crandall and ...
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Taiwan loses Express role
As Airbus starts firming up the so-called Asian Express joint venture with China, Taiwanese firms are having to face up to the fact that politics have conspired to exclude them from any participation. The European consortium saw its foothold in China considerably strengthened after a state visit by ...
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Aeropostal in legal dispute
The parties behind the resurrection of Aeropostal are caught up in a legal dispute over money and control of the Venezuelan carrier. On first appearances, the carrier has made a miraculous comeback after going bankrupt in October 1994. Aeropostal's president Nelson Ramiz says the airline was due to ...
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Airlines unite over Africa
Rising concerns over air safety in most of Africa have spurred several major European carriers to support a South Africa Airways' initiative that could see some countries boycotted if they do nothing to improve the parlous state of their air traffic control systems. In May SAA put forward ...
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BA places a no strike bet
British Airways' plan to reap £1 billion a year in efficiency savings by March 2000 could suffer a severe blow if two separate ballots of cabin crew and ground staff, the latter over the airline's plan to sell its catering operations, result in support for strike action. Both ...
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Muted concern speaks volumes
A recent poll by Airline Business lifts the lid on the attitudes of the big carriers to the proposed merger between Boeing and McDonnell Douglas. Yet the sheer complexity of the deal means a political solution is needed to avoid a transatlantic trade war, says MarkOdell. Amid all the hype, ...
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Canada set for shakeup
The two major Canadian carriers are preparing their unprofitable regional operations for a shake-up, as Canada's low-cost startup carriers threaten to expand their influence. Even before Air Canada has completed a review of the future of its five regional carriers, it has been approached by a potential purchaser ...
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Domestic dancing
The surge in new entrants to the Colombian market is over but major challenges remain. David Knibb reviews the progress of the five main players. Nowadays Colombians seem naturally optimistic. The heady days of growth are still a fresh enough memory for few to be willing to predict their airlines ...
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We win together
Profits and a healthy cash balance once seemed impossible goals for Continental Airlines. Having achieved them, chairman and chief executive officer Gordon Bethune has turned his attention to the fight for global market share. Interview by Richard Whitaker Working together worked! So says the banner headline on the front cover ...
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Friendly skies? Let's get honest
Blame it on the lettuce leaf liner. Just a few years ago, when airline CEOs across the US were nervously eyeing their costs per available seat mile, the challenge was to trim costs without upsetting the passenger. An easy throwaway was the limp piece of lettuce that lined the trays ...
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Airline News
Swissair and Delta Air Lines started codesharing on 1 June from Zürich to New Orleans, Charlotte, Fort Lauderdale, Portland, Memphis, Nashville, Phoenix and Tallahassee via Atlanta or Cincinnati. Swissair was to start three weekly Zürich-Sarajevo services on 9 June. Crossair launched twice weekly Basle-Dublin services on ...
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Financial results
The sale of Continental Airlines shares added US$126m to pre-tax income, which was lowered by $24m by a regional airlines strike. Air France made its first net profit since 1989, but Air France Europe lost $93m despite $50.5m in aircraft sales. Future results will be reported jointly after ...
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What's left for France?
Is it a case of plus ça change or will the new French socialist government compromise Air France's planned privatisation and the integration of the Airbus consortium? The French airline industry is waiting with bated breath to see whether France's new socialist prime minister, Lionel Jospin, is a ...