All news – Page 7364
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Latin cargo tempts Asia
Access to unlimited beyond rights is one of the main goals for the US in its global drive for open skies and now Asian carriers are discovering there may yet be benefits in return, in the booming Latin American cargo market at least. China Airlines will become the ...
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Lessors look to go it alone
Leading aircraft lessors are seeking outside capital in unprecedented amounts to fund their aggressive portfolio expansions. Boullioun Aviation Services typifies the new trend. In the past it would occasionally privately place part of a single plane transaction with an outside financier. Otherwise it relied on parent Sumitomo Trust ...
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LOTs of luck at third try?
The management at LOT has got its hands full. Not only is this year crucial for the third attempt at a partial sell-off but the Polish carrier is also introducing five new aircraft, resulting in the biggest single capacity hike ever. After the government blocked the first attempt ...
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When the wolf's at your door
Edward Faberman, executive director of the newly formed Air Carrier Association of America, makes an unusual Red Riding Hood, but he is certain he is looking into the eyes of cleverly disguised wolves. Faberman uses chilling language to describe the actions of the US major carriers against their ...
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MAS bids to stop malaise
Amid criticism of high debt levels and excessive ambition, Malaysia Airlines has announced the biggest capital restructuring in its history, aimed at raising US$2.2 billion for new aircraft purchases and investment at Kuala Lumpur's new airport. MAS chairman Tan Sri Tajudin Ramli, says a one-for-one bonus share issue, ...
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Eagle eyes regional jets
The long-running dispute between American Airlines management and its pilots seems likely to be resolved this month, but at a high cost to the airline. In return for compromises on the issue of regional jets, the pilots have won a wage increase that is almost double that of the previous ...
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French force unions down
The French may still be demanding liberté but there's less égalité and fraternité as unions resist management attempts to force the lower working conditions of Air France and Air Liberté on to their members at Air France Europe and TAT respectively. Pilots and ground staff from Air France ...
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Euro agents fight change
European travel agents are portraying their attempts at resisting the rising tide of commission cuts as a case of the biblical slaying of Goliath by David and, in most cases, they are right. But the tables are reversed in the case of low-cost operator Ryanair, which is one of the ...
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BA hires and fires equally
British Airways has agreed concessions with one main union but the others may not comply so easily as the carrier launches a recruitment drive to hire 1,300 pilots and 2,000 cabin crew. Ground staff of the transport workers' union, TGWU, voted in favour of a three-year proposal at ...
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Having fun in Brussels
As Sabena throws itself into revamping its shaky operations it had better remember to watch its back. Both Virgin Express and City Bird are attacking the flag carrier's Brussels base with gusto. The two airlines claim to be revolutionising the services on offer in Europe with a cheap, ...
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China set to fuel mergers
China looks set to hike fuel prices to try to force further consolidation among its many unprofitable local carriers as local fares are set to rise. The authorities have already cleared airlines to raise air fares for local residents by up to 20 per cent from July following ...
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Chinas start strait talking
The countdown to Hong Kong's handover is starting to realign China-Taiwan aeropolitics. There has been little progress in the two years since Taipei predicted direct flights would start in 1997, but there are signs that China and Taiwan want better relations and are willing to take tentative steps towards direct ...
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EMU on course for scheduled launch
Despite a number of obstacles it is now looking much more likely that European Monetary Union will go ahead as planned on 1 January, 1999. This will be the dominant theme for the Amsterdam summit of European leaders scheduled for June this year. During the build-up to monetary ...
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Crossair tries back door
Swiss regional carrier Crossair has taken a 35 per cent stake in a proposed French startup carrier, in an attempt to improve its access to the European Union market. Initially, Euro Continental Airways would operate two Crossair Saab 2000s from major French cities to the French sector of ...
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Tough task to fill Hinson's shoes
Nobody is supposed to be indispensable, but it appears that former Federal Aviation Administration administrator David Hinson's shoes are proving more challenging to fill than most. Hinson relinquished his post on 8 November; his deputy, Linda Daschle, made it clear she was not interested in the top job ...
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Delta deal fires debate
Delta Air Lines' decision to sign up with Boeing for 20 years prompted analysts to coo their approvals. But one former Capitol Hill veteran worries that this deal will only stoke the antitrust debate over the proposed Boeing- McDonnell Douglas merger. Mike Korens, managing director at consultants GKMG ...
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Digest
Delta Air Lines has extended its SkyMiles FFP to Air France and Korean Air, while British Airways and American Airlines have extended their FFP links. British Airways introduced two daily flights from Manchester to Warsaw and two weekly flights from London/Gatwick to Krakow. In return LOT Polish Airlines ...
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American Eagle joins the jet set
Phew. It was a tough negotiation, as all union talks are. A strike was avoided only after presidential intervention. Nobody is entirely happy with the outcome. But there is a palpable sense of relief throughout the industry that American Airlines and its pilots have, at last, reached an accommodation. ...
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US user fees rock Canada
Canadian government has requested an urgent meeting with the US Federal Aviation Administration over proposed new overflight fees that Ottawa sees as 'highly discriminatory'. From 19 May, the FAA will begin charging fees for aircraft which fly through US airspace, but do not take off or land in ...
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Slater slams Miami ruling
In his first major decision as US secretary of transportation, Rodney Slater has overturned a controversial ruling on the financing of a new terminal at Miami, which would have set a precedent on the raising and use of airport funds. Slater's action reverses a March decision by a ...