All news – Page 7389
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All tied up
Once again Thai Airways is prevented from realising its true potential through interference from the establishment leaving a credible strategy close to ruins, laments Tom Ballantyne. If the president of Thai Airways International, Thamnoon Wanglee, is feeling the strain as he struggles to revive the battered reputation of his charge, ...
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New threat to tired Thai
Beleaguered Thai Airways is facing the prospect of direct competition from a major new Thai competitor as early as next year. The new coalition government is pressing ahead with deregulation and has promised the newcomer access to all of Thai's routes. This comes as a massive blow to ...
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TWA is still in dire straits
A move by Trans World Airlines to raise $26 million in cash from pre-purchase tickets is further evidence of the airline's growing financial woes. TWA struck an advance purchase deal with 20 leading businesses in its home town of St Louis for discounted tickets. It is the second ...
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Virgin takes new partner
Virgin Atlantic's decision to switch US partners this August reflects the growing business links between Virgin's chairman Richard Branson and Continental's chairman and main investor, David Bonderman. Bonderman has invested in Virgin's cinema and rail activities and, a source close to Branson says, the two may look at other joint ...
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Cleaning up on yields
The benefits of a yield management system depend upon what competing airlines are doing. Peter P Belobaba and John L Wilson from MIT's Flight Transportation Laboratory explain why. Most airlines have embraced the practices of differential pricing and yield management over the past decade. By offering a range of fare ...
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Broader ties for Alliance?
Mozambique and Zambia have both expressed an interest in joining the multinational African carrier Alliance Air, as it emerges that two of its founder members are preparing to merge their operations. Talks with Mozambique's national carrier LAM have been 'ongoing for more than a year and they are ...
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US to tackle central issue
American's proposed alliance with British Airways and the prospect of US-UK open skies is grabbing all the headlines. But the Dallas-based carrier's alliance building in Latin America could temporarily overshadow that with the promise of another slanging match and the prospect of Central American open skies. The alliance ...
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SAS tightens its UK links
British Midland's holding company has finally acknowledged a conflict of interests with its British Airways franchised regional operation and is demerging the latter as it tightens its links with SAS. 'The regional operators have all taken on a BA franchise and so it was a good moment to ...
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Boeing tries to convince
Boeing's attempts to clinch a second big exclusive aircraft deal, similar to the one signed with American Airlines last November, comes at a time when the US manufacturer is trying to persuade regulators on both sides of the Atlantic to approve its merger with McDonnell Douglas. The company's ...
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Olympic advice
Olympic Airways has called in management consultants McKinsey & Co to advise it on a management reorganisation and cost-cutting in the next two years under its 2000 restructuring programme. Source: Airline Business
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Kobe takeoff
Japan's Ministry of Transport has approved construction of an offshore airport near Kobe, only 60 km north of Osaka/Kansai. The airport, which one Japanese airline official dubs a 'dubious project', will cost US$2.5 billion and will open in 2004. Source: Airline Business
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Bigger suit
US Airways has expanded its lawsuit against British Airways to include an alleged breach of fiduciary duty by former BA representatives on the US Airways board. Source: Airline Business
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CAI survives the big chill
Canadian Airlines International has survived the winter with the help of government, employees and creditors, but competition in western Canada is still growing with charter operator Canada 3000 expanding its scheduled services. Canadian's cash position has improved enough to defer searching for a C$60 million (US$40 million) credit ...
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Clinton still confident
The American economy has shown remarkable resilience in the 1990s. Over the last five years more than 11 million new jobs have been created, the rate of unemployment has fallen to 5.4 per cent of the workforce and inflation has been kept below 3 per cent. Even the US budget ...
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Algeria plans amid chaos
The vision of the president and chief executive of Air Algérie as a profitable and privatised airline may seem more like a Saharan mirage in a country riven by a bloody, religious conflict. But Faycal Kellil's actions certainly prove he is serious. The government-owned airline became a joint ...
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Private funds elude Alitalia
Put your wallet away: Alitalia's no longer for sale. The carrier has abandoned its quest for private investors and turned to state holding company IRI for the full capital injection. The Italian treasury has now confirmed that IRI will inject the remaining L1.5 trillion (US$880 million) of fresh ...
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BFGoodrich
Mike Reed has been appointed vice-president of marketing at BFGoodrich Aerospace, of New Century, Kansas. Reed, who has been with the company for more than 12 years, was most recently director of original-equipment-manufacturer marketing. Source: Flight International
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British Airways
British Airways has named Sue Moore general manager for brands management, effective from April. She is now head of European strategy. Moore, who joined BA in 1987, is now head of European strategy. She takes over in April from Hamish Taylor, who is to leave the airline. Source: Flight ...
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Rolls-Royce
UK aero-engine manufacturer Rolls-Royce has made senior appointments in South-East Asia. Dr Robin Singleton becomes regional executive for Indonesia, based in Jakarta; Jonathan Asherson is named regional executive for Maaysia, based in Kuala Lumpur; Chua Pheng Cher becomes regional manager for Singapore and Brunei, based in Singapore; and Peter Clogger ...