All news – Page 7802
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Delta cargo solo
Delta Air Lines was set to hive cargo off into a separate unit from the beginning of December as part of the carrier's Leadership 7.5 programme. The unit is forecast to add $90 million a year to Delta's operating results. Source: Airline Business
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Paris trois
The French government is seeking a site to build a third Paris airport. In response to local opposition it will also limit the extension of two runways at Charles de Gaulle, and ban noisy night flights from next March. Source: Airline Business
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Florida Freddie
Laker Airways, the latest venture of Sir Freddie Laker, is on course to launch early in 1996, offering 'high quality service' from London/Gatwick, Manchester and Glasgow to Fort Lauderdale and Orlando in Florida. He holds 49 per cent of the carrier with the remaining 51 per cent owned by US ...
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Macau opens up
The $1 billion Macau International Airport opened in early November with capacity for 6 million passengers. The airport will operate 24 hours. Source: Airline Business
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Dasa ultimatum
Daimler-Benz Aerospace says it will abandon Fokker if the Dutch government continues to refuse financial assistance. Dasa itself will shed 8,000 jobs and close three factories in an effort to cut costs. Source: Airline Business
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MD-95 launched
ValuJet Airlines has launched the MD-95 with an order for 50 aircraft. The Atlanta-based independent will begin taking deliveries in mid-1999 and will take three used MD-80s and five DC-9s to add capacity until then. Source: Airline Business
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Minnow trouble
EuroBelgian Airlines has complained to the European Commission about Belgium's alleged failure to open up flights to Switzerland. Ryanair's UK-based operation hit trouble when the UK authorities ruled that it could not wetlease an aircraft to GB Airways for the operation. Short-term clearance was given for Ryanair to operate the ...
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Russian change
Air Marshall Evgeny Ivanovich Shaposhnikov has replaced Vladimir Tikhanov as director general of Aeroflot. Another military appointee, General Akpissorov, has taken over as director general of Sheremetyevo Airport Authority. Source: Airline Business
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Flowers of Asia
Asia-Pacific is awash with new startups and domestic carriers expanding off shore. Tom Ballantyne looks at how big a threat they are to the region's majors.They are like bees attracted to the honey pot, says one executive from a major Asian airline of the rash of new startups swarming to ...
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Going to market
Airport marketing is coming of age, as airports work harder to attract new airlines, new routes and new hub operations. Richard Whitaker reports from the recent route development conference in Cannes. Airports represent the last industry to discover marketing. So says Mike Howarth of Airport Strategy and Marketing which, along ...
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California hotshots
Southwest is again taking the initiative in the US's most densely travelled market, while the performance of Shuttle by United remains unclear. Jane Levere reports. The fireworks that many expected to ignite in October 1994, when Shuttle by United first invaded Southwest's territory on the US west coast, have been ...
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Brave new shoots
The emergence of a new generation of start up carriers in Europe has finally begun. Sara Guild talks to some of the new players and examines their strategies for survival.It's a bit like attending the Academy Awards and not knowing when the envelopes will be opened. European aviation has been ...
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Fortunes return
After a slight hiccup in the previous year, the money spinners of the airport industry are back on the upward curve. Revenues for the top 45 reporting airport authorities in 1994/5 rose 8.3 per cent, while their collective net profits leapt an enormous 17.8 per cent. The resumption ...
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More private airlines than ever
This compilation of the ownership of the world's major airlines is the most comprehensive published by Airline Business to date and lists details for 194 airlines, including the world's 150 largest airlines by sales and a number of smaller players. Only shareholdings above 3 per cent are included. ...
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Financial results
Alaska Airline's cost per ASM dropped 5.5% from 1994 to 7.5 cents. But load factors were down 1.3 points on 1994 and yield decreased 1.7%. ANA's cost cutting showed benefits as expenses rose only 5%. International traffic rose 28.1% due to the strong yen. America West's ...
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Yeltsin fears hit Russian recovery
The serious health cloud over Russian president Boris Yeltsin could not be more untimely. Politically it means that Yeltsin, the champion of economic liberalisation, is not fit enough to campaign for reformist candidates in this month's (December) parliamentary elections. Moreover, after several years of economic decline and chaos, there ...
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Asian Express
After a bitter defeat in Europe three years ago, Federal Express is now taking on Asia to compensate for declining yields at home and develop high yield premium international business. By Mead Jennings.Fred Smith, founder and CEO of Federal Express Corporation, has never had trouble thinking about the big picture. ...
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LAB expands Vasp empire
Vasp's $47.5 million purchase of 49 per cent of LAB effectively gives it control over the Bolivian flag carrier, which will use the proceeds for internal development as well as to form an alliance with Vasp and its other recent acquisition, Ecuatoriana. Part of the Bolivian government's 51 ...
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Chan chops
The entire National Airline Commission in charge of Air Niugini has been sacked by Papua New Guinea's prime minister Sir Julius Chan. His action came after NAC acting chairman Mike Bromley warned the carrier was approaching financial collapse due to government actions. Sir Julius, whose own airline Islands Transair competes ...
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Unions fight for fair share
Boeing's use of foreign subcontractors has become the key issue in what is shaping up to become a long and bitter strike by its 32,000 machinists. Unlike the typical labour disputes over wages and benefits, this strike focuses on some contentious areas of US trade policy. Two recent ...