All news – Page 7460
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United allies down under
The fierce fight for market share on routes in and out of Australasia is set to hot up even further following Air New Zealand's alliance with United Airlines and a new capacity-boosting bilateral between Australia and the UK. The fledgling partnership of Air New Zealand and Australia's Ansett ...
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China puts on the squeeze
China is having mixed success in its aviation policy. Despite easing the moratorium on aircraft orders, Beijing is now having to curb international capacity growth for fear of Chinese carriers losing out to their foreign counterparts. But the authorities are having more success in their drive for domestic consolidation. ...
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Beijing spurs triple listing
Three Chinese airlines are pressing ahead with plans for initial public offerings, but at presstime it was unclear whether they would beat the 1 January deadline. Missing that date would mean they would have to include another year's audited financial results in their share prospectuses. Following the Civil ...
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Coded for no competition
A study on codesharing for the European Commission recommends ending the practice on nonstop routes and reducing the number of CRS listings for codeshare flights to one. These are two of the main findings of a study by Amsterdam-based consultants Strategem. Their report finds that codesharing by two ...
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Global traders will win economic war
In the final years of this century, the new global 'geo-economics' has become the driving force of international relations and commerce. Autocratic regimes and domestically focused businesses are more likely to fail, or grow less slowly, than those which recognise the reality of the globalised economy. The days ...
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Wheeling out the service
For major airlines seeking high-margin travellers, customer service will be a key to profitability. Still, Philip Festa says pressures within the industry are threatening to squeeze carriers' service levels. Customer service is now the norm throughout almost all sectors of commerce: supermarkets, hotels, banks and fast food chains vie ...
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Is candid Crandall correct about IT?
When Robert Crandall, AMR Corp chairman, noted at the last Iata annual general meeting that 'there is no reason to believe that technology will make airlines more profitable,' there had to have been a few sets of raised eyebrows in the audience. Crandall, after all, is the one credited for ...
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Airline news
Austrian Airlines and Swissair have confirmed taking a 18.37 per cent stake in Ukraine International Airlines through a holding company in which Austrian Airlines holds 77.78 per cent and Swissair 22.22 per cent. KLMwill inaugurate twice weekly services to Abidjan and to Nagoya via Sapporo from April 1997 ...
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Delta dances Continental
The only certainty about suggestions of a merger between Delta Air Lines and Continental Airlines is that it would create the world's largest airline. Beyond that analysts remain split as to whether such a deal would make strategic sense. The only clear winner is David Bonderman, who leads Continental's controlling ...
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All aboard for the next recession
You've seen it all before. A recession coincides with the delivery of hundreds of new aircraft. Swamped with capacity, airlines seek to extract some revenue from their glossy new machines by placing too much capacity into the marketplace. Yields and load factors plummet, and the red ink flows. All future ...
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FedEx voices objections
I am writing to take strong objection to three points made in your November 1996 Dateline Washington column. First, you are incorrect to characterise the US/Japan aviation bilateral dispute concerning FedEx as being only a 'parochial' interest. The fact is that the government of Japan, after honouring a ...
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Financial results
Operating income rose 9% to US$151.8m, spurred on by a 38% increase in transborder traffic. There was a $42.8m one-time gain in the 1995 period. Operating profit rose 30% to $214.7m despite lower yields and higher fuel costs. In the 1995 half Air France made $59.8m before severance ...
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End of Korea for Fokker
Korea's Samsung may turn to purchasing the turboprop operations of one of the European manufacturers following the collapse of its plans to buy Fokker's remaining assets. Fokker's administrators ended discussions with Samsung on 28 November after Fokker suppliers declined to accept further orders because of the uncertainty surrounding ...
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Bespoke fortunes
Effective, efficient hubs are vital to most US majors' profitability. But do they operate in everybody's best interests and is stronger regulation needed? Karen Walker reports. You either love hubs or hate them. A government department has accused the US majors of continuing to use their hubs to raise fares ...
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A measure of Irala's intent
Iberia's new president has plenty of work to do if he is to fulfil his aim of privatising the carrier by 2000. Xabier de Irala talks to Mark Odell in the first major interview since his appointment. Xabier de Irala Estevez is a not only a newcomer to the airline ...
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Iberia eyes Latin return
Iberia may repurchase its stake in Aerolineas Argentinas as early as June 1997 in a move that could recreate its Latin American airline stable. However, the carrier remains embroiled in a legal dispute in Chile over the future of Ladeco, in which it has a 35 ...
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NTSB makes explosive fuel tank recommendations
The US National Transportation Safety Board (NTSB) has proposed far-reaching recommendations to reduce the risk of explosion in fuel tanks. The safety board warns that all airliner fuel tanks are vulnerable to explosion under certain conditions. Suspicions about fuel-tank safety have existed for many years, admits the NTSB ...
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JAL plans new carrier
Japan Airlines (JAL) plans to establish a new low-cost subsidiary carrier in March, in the face of growing domestic competition. The new carrier hopes to cut air fares by up to 20% on trunk services to Sapporo and Fukuoka, by using foreign crews and flight attendants and scaling back in- ...
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Marshall closes in on more TriStar cargo-conversion deals
Marshall Aerospace, which completed the last of its ten contracted Lockheed TriStar cargo conversions in December, says that it is close to a deal to modify more aircraft. According to Michael Milne, marketing and business development director, the Cambridge, UK-based maintenance specialist "-expects to announce a significant order ...
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Malaysia Airlines gears up for overhaul on 777 service-entry
Malaysia Airlines (MAS) plans to begin implementing an overhaul of its operations, to coincide with the entry into service of the Boeing 777-200IGW this year. The sweeping changes will include a rationalisation of MAS aircraft and engine types, with the phasing out of some of its Boeing 747-400/300s, ...