All news – Page 7411

  • News

    Remarks

    1997-03-01T00:00:00Z

    Severe winter storms and high fuel prices helped to widen Alaska Air's fourth-quarter net loss; the airline had an $8.4m operating loss. A record load factor of 69.1% helped America West boost revenues by 11%, while unit costs fell 2.6% despite a 23% fuel cost increase. ...

  • News

    United target on legal front

    1997-03-01T00:00:00Z

    Low-fare carriers in the US are avidly watching how a predatory pricing complaint against United Airlines by one of their number, Frontier Airlines, pans out. A win for the minnow could encourage other no-frills operators to follow suit. Denver-based Frontier has asked the Department of Justice to investigate ...

  • News

    Indian policy is a let down

    1997-03-01T00:00:00Z

    India's revised civil aviation policy has led to charges of protectionism after it failed to set an investment limit for foreign airlines and airports in Indian carriers. The strategy is being viewed as another setback for Singapore Airlines' planned joint venture with Tata Industries, which remains on hold in the ...

  • News

    Surviving the customer

    1997-03-01T00:00:00Z

    Innovation has always been difficult in the airline business. The basic airline product is uniform throughout the industry, and any incremental change by one carrier is usually taken up by its competitors quickly - if it is successful. To survive and stay ahead of their competitors, airlines are constantly looking ...

  • News

    Startups slot into Japan

    1997-03-01T00:00:00Z

    Japan's incumbent carriers are bracing for their first tussle with new competition in four decades, though analysts doubt that air travellers' expectations of dramatically reduced fares will be met. The incumbents are also facing a battle for the 40 new slots that will be created at Tokyo/Haneda when ...

  • News

    Competition rules, ok?

    1997-03-01T00:00:00Z

    The buy/sell slot rules in the US are premised on the simple proposition that the market is better at determining the efficient use of a scarce resource than is an administrative or bureaucratic entity. Competition rules, however, are a different matter and properly the province of governments. To ...

  • News

    Web site update

    1997-03-01T00:00:00Z

    We have received the following additions and updates to the Airline Business list of airline and aviation sites on the World Wide Web: Airlines American Trans Air: www.ata.com China Airlines: www.china-airlines.com Hawaiian Airlines: www.hawaiianair.com Middle East Airlines: www.mea.com.lb ...

  • News

    96 at a glance

    1997-03-01T00:00:00Z

    January The European Commission clears Lufthansa's comprehensive commercial alliance with SAS, with conditions. Acomplaint by UK regional CityFlyer Express prompts the European Commission to order Belgian carrier VLM to pay interest on a $670,000 unsecured loan from the Flemish government. AI(R)partners Aérospatiale, Alenia and ...

  • News

    Top of the curve

    1997-03-01T00:00:00Z

    In some airline boardrooms, the champagne corks are finally popping. After years in the doldrums, the airline business appears to be on course to report record profits for the second year running. Still, in this business even the best news tends to come with a few caveats, and this initial ...

  • News

    Alitalia in for a rough ride

    1997-03-01T00:00:00Z

    The European Commission has asked Alitalia to reassess its proposed restructuring plan and even then looks set to rule that the carrier's planned injection is state aid. It will also be looking at Alitalia's linkup with Air France, while both carriers suffer further industrial unrest. The revelation that ...

  • News

    BA-AA rivals round on DOT

    1997-03-01T00:00:00Z

    The posturing surrounding the proposed American Airlines-British Airways alliance has moved across the Atlantic with the US Department of Transportation coming under growing pressure from rivals to act. In the most extreme case, the outspoken chairman and chief executive of Continental Airlines, Gordon Bethune, is threatening to ask ...

  • News

    Bangkok hub plan snubbed

    1997-03-01T00:00:00Z

    Bangkok's plan to become the leading hub in south-east Asia lies in ruins and Thai Airways' alliance strategy is under threat after the new government decided to shelve the building of the new US$5.2 billion airport. The announcement in February by Thai prime minister Chavalit Yongchaiyudh further clouded ...

  • News

    AA's China tie

    1997-03-01T00:00:00Z

    American Airlines has signed an MoU with China Eastern Airlines envisaging codesharing on the Chinese carrier's services from Beijing and Shanghai to Los Angeles and its planned flights to San Francisco. China Eastern will also put its code on American domestic flights from the west coast.   ...

  • News

    Macau change

    1997-03-01T00:00:00Z

    Li Ke Li, the CAAC's deputy director for international affairs, has been appointed chief executive officer of Air Macau. He replaces Ng Kian-wah, who has returned to Singapore Airlines. CNAC, which controls Air Macau, pushed for the appointment of Li, who has never managed an airline before.   ...

  • News

    Freight frighteners

    1997-03-01T00:00:00Z

    After persistently failing to ensure on-time delivery of its product to Japan by air, a major European pharmaceutical company was forced to take a multi-million dollar stake in a local Japanese drug company to ensure consistency of supply in a last desperate bid to retain a foothold in this lucrative ...

  • News

    Shares rise in the east

    1997-03-01T00:00:00Z

    Four days before the Chinese New Year, China Eastern Airlines made an auspicious debut on the world's markets by raising an estimated US$250 million. The success of the issue should pave the way for the other Chinese majors to follow suit, although holding company China National Aviation Corp may well ...

  • News

    Global watch put on nations at risk

    1997-03-01T00:00:00Z

    In these days of globalisation and robust economic growth in almost every region of the world, it is tempting to believe that nothing can go wrong. But in many respects this is the most dangerous phase of the economic cycle when businesses, whether they be banks, manufacturers or airlines, are ...

  • News

    People movers

    1997-03-01T00:00:00Z

    Hang on. The flight attendant in the blue Delta Air Lines uniform has an unmistakable Dublin accent, akin to that of her green-clad colleagues on the Aer Lingus Dublin-JFK flight. Either 100 years of Irish immigration to the US have failed to alter speech patterns or airline alliances are taking ...

  • News

    Easy ride on the Hill for mega-deal

    1997-03-01T00:00:00Z

    The face of special-interest politics in Washington is changing, and American Airlines is wearing a smile. An overhaul of the Senate Commerce Committee means the airline finds itself with new-found clout. The rise of Arizona Sen John McCain to chairmanship of the committee is a big win for American Airlines. ...

  • News

    Much ado about nothing?

    1997-03-01T00:00:00Z

    The countdown to full European deregulation has begun, so where's the rush to the starting post? When the final hurdle to full deregulation is swept away on 1 April all airlines in the European Economic Area gain access to cabotage rights, enabling them to fly between any two domestic points ...