All news – Page 7290
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Hainan steels for home run
Hainan Airlines was set to become the first airline to make its debut on the Chinese capital markets at presstime. Widely viewed as the country's most promising provincial carrier, Hainan was planning to issue a two-phase public offering designed to raise some US$41 million. Hainan has split its ...
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Iberia starts to fight back
Iberia is finally squaring up to its aggressive Spanish competitors by integrating the group's three main carriers. The Spanish flag carrier has seen its domestic monopoly slip over the last three years as private operators Spanair and Air Europa started expanding into scheduled services. But Iberia ...
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Euro startups go to market
European startups are wasting no time in positioning themselves for expansion as Virgin Express ponders following Ryanair with a stock listing, while Debonair looks set to tap the markets by August. The Irish low-cost carrier set the flotation ball rolling in May, offering 54.2 million shares on the ...
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Colombian mambo
ColombiaOf Colombia's newer airlines, Aces has the most ambition and potential. But to what extent the airline will be able to overcome the advantages of incumbent flag carrier Avianca remains far from clear. David Knibb reports from Bogotá. It looks like another David-Goliath contest - the innovative young challenger versus ...
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Merpati free not to choose
Jakarta finally has released Merpati Nusantara Airlines from the grip of Garuda Indonesia, but the government is still calling the shots in Merpati's fleet planning. Merpati and Garuda quietly completed their divorce in April when a government decree came into force officially separating the two carriers. The government ...
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Leap of faith
Having been forced to abandon its multi-company structure, the Mesa Air Group is now concentrating on new developments, like its operation at Fort Worth.Karen Walker talks to chairman Larry Risley. Larry Risley, chairman and chief executive officer at Mesa Air Group, has become an expert hurdles jumper over the last ...
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Florida cocktail
The battle for control of the fast-growing market from the US to Latin America is being fought in Miami, but American Airlines' dominance means some US majors are shifting their sights elsewhere. Karen Walker reports. A tornado touched down in the heart of Miami earlier this year. Had the Wizard ...
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Network agility
Will the gap widen between the most sophisticated European players in network management and those that have not yet grasped the concept fully? By Luis Rivera, Lucio Pompeo and Alberto Martin. Five years ago, network management was still quite an abstract concept for most European airlines. Though many had heard ...
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Galileo floats
Computer reservation system Galileo International is to seek a flotation in the US to provide funds to buy three of its distribution companies, Traviswiss, Galileo Nederland and US-based Apollo Travel Services. Galileo will buy Apollo from United Airlines, USAirways and Air Canada for $700 million. British Airways will sell 45 ...
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FedEx first
Vietnam has given its approval to FedEx charters -- the first US flights into the country in 20 years. Hanoi and Washington have yet to negotiate a bilateral, but the first US ambassador took up his post in Hanoi in May. FedEx will operate from Vietnam to Asian cities, both ...
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Are fares fair?
The European Commission's transport directorate has tasked British Aerospace Consultancy Services with developing a database of air fares, revenues and costs on routes within the European Economic Area. The Commission will use the database to monitor fares and has also asked the consultants to produce a report on the subject. ...
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BA hit by tit for tat ban
Air services between the UK and Nigeria were suspended in early June as a reciprocal ban of British and Nigerian registered aircraft assumed wider political implications. The UK Department of Transport banned Nigerian-registered aircraft from British airports in mid-May due to alleged poor safety standards. The Nigerian government ...
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Final bow for three chiefs
Three of the longest serving airline chiefs shocked the industry by resigning within weeks of each other in May, with at least two seemingly forced out. The departure of Ron Allen, Delta Air Lines' chairman, president and chief executive, appears to have surprised Allen himself. Neither Allen nor ...
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Shuttle is in Wolf's court
Few expect US Airways to give up its Shuttle, but a move by American Airlines to purchase the prestigious east coast operation, as well as possible interest from United Airlines, has introduced another twist in the carrier's continuing battle with unions. US Airways operates, but does not own ...
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A red flag to a bull?
New scheduled operators Spanair and Air Europa have shaken up Iberia's traditional monopoly in the Spanish domestic market. Lois Jones reports from Madrid and Palma de Mallorca on how competition has prompted the Spanish flag carrier to get its act together. Never be fooled into thinking the Spanish market staid, ...
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Thai is hardly Star choice
As the razzamatazz around the launch of the five-carrier Star Alliance subsides, Thai Airways International is emerging as the weak link in the chain and there is growing speculation that the carrier could be dumped for two other Asian carriers. The other members of the alliance, Air Canada, ...
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Sun blazes a trail for SAA
The experience gleaned during the sell-off of state-owned South African carrier Sun Air should help ease the partial privatisation of South African Airways. But there are strong doubts that the flag carrier will be in any fit shape to meet the government's stated end-of-year deadline. Captain Johan Borstlap, ...
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Two to tango
The Taca Group was once held up as a model for Latin American airline cooperation, but now stands accused of selling out through its planned alliance with American Airlines. But does Taca chairman Federico Bloch have any choice? Doug Cameron reports. Please don't tell officials at the US Department ...
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Foreign cash saves Taesa
Taesa, Mexico's third airline, has dodged bankruptcy, received an injection of new capital from abroad, and is near a restructuring accord with its creditors that should, once completed, attract more offshore investors. Judging from recent reactions, though, some local creditors and Mexico's competition commission will remain nervous until ...
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TAM gets set for US debut
The TAM group is to launch Brazil's fourth international carrier and American Airlines has wasted no time extending its relationship with the multi-airline operator. The ambitious TAM group has established Transportes Aereos Meridionais as its intercontinental carrier, which could launch services between Sao Paulo and Miami as early ...