All news – Page 7436
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LOT tackles local losses
In a bid to stem both financial losses and the erosion of market share by western European carriers, LOTis set to retaliate with the long-awaited launch of a new regional and domestic subsidiary, Eurolot. The wholly owned subsidiary, set up in December 1996, is due to start operations ...
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SIA cautious on India link
Singapore Airlines' plan to launch a joint venture start-up in India has run into more trouble. The country's civil aviation minister has cast doubt on the plan's official approval by India's Foreign Investment Promotion Board (FIPB). SIA has been lobbying with Tata Industries to launch the airline since ...
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Atlantic trio boost links
Swissair, Austrian Airlines and Sabena have enhanced their integration with a joint order for up to 29 Airbus A330s and the launch in February of a joint North Atlantic operation with Delta Air Lines. Officially, the A330 order follows a joint evaluation, but in practice Sabena has closed ...
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Taipei cuts as SA shifts
Taiwan is suspending air service with South Africa after the latter announced it was switching diplomatic recognition from Taipei to Beijing. The move will have little effect on Taiwan's airlines but raises questions about the basis of Taipei's aeropolitical policy. China Airlines has operated twice-weekly flights to Johannesburg ...
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Military Thai down options
Thailand's new government has reawakened fears that close historical ties with the military will surface once again to interfere with the country's aviation sector. Prime minister Chavalit Yongchaiyudh, a former army chief of staff, has already blocked Thai Airways' five-year- restructuring plan and announced that Bangkok's new US$3.4 ...
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US-Japan in for long slog
The first talks between US and Japanese aviation officials in five months ended in January with no big surprises, and any future progress is likely to be both difficult and time-consuming. Both sides described the meetings as 'exploratory' but little was achieved bar plans for renewed talks in ...
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Iberia set to drop Viasa
Iberia is set to end its Latin American airline odyssey after shareholders and unions rejected the Spanish airline's plan to restructure Viasa. The tough stance adopted by Iberia's senior management suggests that new president, Xabier de Irala Estevez, will shrug off political pressure to maintain existing links with ...
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Web fever
Business gurus like to portray the Internet as the best marketing opportunity ever and most airlines and aerospace companies have jumped onto the bandwagon. Richard Whitaker goes surfing to see what is on offer, and Jane Levere discusses the trend towards airlines using the Internet for distress sales of inventory. ...
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Sea change
A change of government has resulted in a new chief executive for Air Malta, as well as a narrower focus. The airline's investment in Italian startup carrier Azzurra Air is now being questioned. Ian Verchere reports from Malta. Malta's unexpected shift to the Left at the national elections in November ...
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No unity over Rio Grande
Mexicana and Aéromexico have each entered or expanded separate alliances with US airlines, signalling that they plan to continue competing against each other across the US-Mexico border. These pacts revive questions about the carriers' commitment to their joint Alas de America alliance with AeroPeru. Aéromexico has expanded its ...
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Mastering Micronesia
As island governments slash support for their airlines, the carriers are discovering the need to size themselves to fit their markets and to pay more heed to commercial realities. When your nearest neighbour is 10 days away by boat, aviation is fairly important. But the central Pacific Micronesians are ...
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Mutual interests
Mutual funds own substantial shares in most major US airlines. James S Altschul examines how they look at the airline business, and asks how much influence they wield. They are the behemoths of the equity investment world. Fuelled by a surging stock market, growing retail interest in equities, and a ...
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Tan tough on PAL unions
Philippine Airlines chairman Lucio Tan has displayed characteristic toughness in dealing with the carrier's three unions and has secured a four-year accord after three months of brinkmanship talks. Tan has given the unions a rude awakening after years of capitulation by the carrier's former government owners. Tan set ...
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PIA is primed for sell off
Pakistan International Airlines looks set to become the latest carrier in the region to start the hunt for a strategic equity partner, as the shortlist is drawn up for potential bidders for a stake in Air Lanka. The Pakistani government called in a team from International Finance Corporation, ...
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US pilots are out for profit
Record profits and the use of regional jets are at the root of troubled pilot union negotiations at both American Airlines and United Airlines, and American could suffer a strike. The relationship between American's management and the Allied Pilots Association has changed dramatically since early January, when APA ...
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Skating on thin ice
Competition, high costs, declining yields, and powerful unions are weighing heavily on SAS, but salvation could lie in its growing alliance grouping. It must be like hoarding a treasure chest, only suddenly to find a queue of people knocking on your door demanding a share of the booty. SAS ...
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SIA still keen on Sempati
The main reasons behind Sempati Air's delayed initial public offering have now emerged as its deteriorating financial situation and the resulting top management shakeup. These events do not appear to have dampened Singapore Airlines' interest in taking a stake in the Indonesian private carrier. 'Discussions are continuing' about ...
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Europe set to act on Boeing linkup?
The proposed Boeing/McDonnell Douglas merger should pass US scrutiny though Brussels may yet act, say Lois Jones and Karen Walker. The proposed merger of Boeing and McDonnell Douglas could yet cause a major rift between the US and Europe. While US government officials and carriers alike appear to accept the ...
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Northropp Grumman and rafael upgrade Litening for F-18 bid
Northrop Grumman and Rafael of Israel are working to upgrade the Litening airborne laser designator and navigation pod in anticipation of a US Navy competition to equip McDonnell Douglas F-18E/Fs and refit F-18C/Ds. The upgraded Litening is being fitted with a third-generation forward-looking infra-red (FLIR) system and advanced ...
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Germany agrees Eurofighter price
German defence minister Volker Rühe and Eurofighter industrial partner Daimler-Benz Aerospace (DASA) have agreed an overall weapons system price for the Eurofighter EF2000. The price, including integrated logistics support, has been fixed at DM125.4 million ($79 million) -some 28%lower than earlier estimates - bringing the overall cost of ...