All news – Page 7710
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Airport growth
Japan's cabinet has approved a Yen 3.6 trillion ($34.3 billion) five year airport expansion programme. The work will include construction of the second of three runways at Kansai, building a third airport in the Tokyo area, and an international airport for the Chubu region. Source: Airline Business
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PAL peace is within sight
The end of the turmoil that has plagued Philippine Airlines is in sight following the appointment of advisers for its fleet renewal programme, unprecedented shareholder unity, and equal treatment for the leading private rival on unprofitable domestic sectors. Credit Lyonnais and Chase Manhattan Bank have been chosen by ...
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Brits target key SA rivals
The UK's two long-haul carriers are looking for alliances in the potentially lucrative South African domestic market in an attempt to counter the dominance created by South African Airways' linkup with Lufthansa. British Airways and Virgin Atlantic are talking to two regional carriers aimed at securing feed and ...
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India seeks foreign cash
Four of India's private operators are looking abroad to finance their government-approved fleet expansion programmes, driven chiefly by the better terms on offer compared to those in the depressed domestic capital markets. Most significantly, East West Airlines is hoping to become the first Indian private airline to secure ...
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Palestinian plans in peril
The demise of the Middle East peace process is reflected in events surrounding the Palestinian drive to establish its own air transport infrastructure, which illustrate clearly the problems Israelis and Palestinians are facing as they attempt to coexist. On the surface plans for a Palestinian airline are progressing, ...
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Fleet revamp to boost Thai
Thai Airways has begun a sweeping five-year fleet replacement programme which will see nearly half of its 73 aircraft put up for sale and replaced by US$5 billion worth of new aircraft in a bid to boost productivity by 8.5 per cent and dramatically improve fleet economics. Chatu ...
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Ed goes too
BWIA president and chief executive Ed Wegel resigned in early March for personal reasons. This follows the departure of chairman Ed Acker in February. The two men led the carrier through its recent privatisation. Source: Airline Business
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Heads are rolling again
In the airline business, occupancy of the corner office remains a somewhat precarious business. Just recently, the chief executives of Alitalia and Sabena have been forced to walk the corporate plank because of lack of success in restructuring their companies. At Olympic Airways, the chairman and chief executive has achieved ...
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It's all Greek to Doganis
The Greek government may wish it had consulted the oracle before sacking Olympic Airways' chairman and chief executive Rigas Doganis - the Brussels oracle, that is. Privately, a senior European Commission official is unimpressed by the sacking in mid-March, which came only a week after transport commissioner Neil ...
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Swiss switch on at Sabena
The collective sigh of relief breathed by Sabena's unions following the departure of chairman, president and chief executive Pierre Godfroid could quickly turn in to a moan, once his successor from Swissair settles in. The Swiss carrier has finally acted over concerns that the labour unrest at Sabena, ...
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Farewell Fokker
The search is on to find industrial partners to take over the viable remains of Fokker, which declared bankruptcy on 15 March. An independent foundation now owns Fokker Aviation, which includes the Fokker Aircraft Services maintenance firm, the aerostructures and electronics companies, and product support operations for the ...
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Can you do IT better?
The quest for greater efficiency and financial benefits is driving carriers to outsource their information technology services. Carlos de Pommes and Steve Geller detail the benefits and potential pitfalls. As airlines dig more deeply to uncover efficiency improvements, the restructuring of information technology departments is being reviewed with greater vigour. ...
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Planners in control
Traditional financial tools do not allow airlines to correct inefficiencies as they arise, a fault which can be rectified by the newly developed technique of process controlling. Report by Wendy Nichols and Harald Deprosse. It could have been any airline at any airport. The head of the check-in department was ...
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New deal for airline reps
I read with interest the remarks of Doug Rhymes in 'The Market Makers' in the February issue of Airline Business. While I share most of Mr Rhymes' opinions, I am under the impression that 'outsourcing' is a new, better word for the old concept of 'airline representation'. We ...
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Wish you were here
A plethora of low fare airlines has invaded Florida, an aviation market that traditionally serves low yield leisure traffic. Mead Jennings considers what this means for competition - both in and out of the state. Bloodbath is not a term most people associate with Florida, the US's self-proclaimed sunshine state. ...
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Airline news
British Airways is to fit out its entire shorthaul fleet with the Traffic Alert & Collision Avoidance System supplied by Honeywell Avionic Systems. Lufthansa is launching a weekly, non-stop service from Frankfurt to Shanghai from July. It will start four flights a week from Munich to Pisa and ...
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For immunity read disunity
As Washington's aviation community became distracted by the tentative signing of open skies between the US and Germany; then the immediate application for anti-trust immunity by United-Lufthansa; then other aeropolitical concerns like the US-Japan cargo imbroglio, Delta Air Lines waited. Just as it has been doing for close to six ...
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China sets legal puzzle
China's new aviation law has changed the legal landscape and finance lawyers will be busy for months sorting it out, but they do not think it will change the overall risk of dealing with China. 'People will have to reevaluate risks and figure out how to cover them,' ...
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EVA quiet on home front
EVA Air is remaining silent on why it decided to buy 30 per cent of Taiwan Airlines, but its investment in a third domestic carrier in less than a year has raised many eyebrows. The Taipei-based carrier will only say the purchase is 'positive' for both Taiwan Airlines ...
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Oz taxman to take his toll
Australia's big operators Qantas and Ansett could be in for a rude shock when the taxation time rolls around later this year. Canberra's tax overlords have ruled that manufacturer credits do not qualify as a discount on the price of new aircraft but as assessable income and should be treated ...