All news – Page 7820
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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 ...
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China stakes on the line?
Recent high-level signals from Beijing suggest the Chinese authorities are backing away from a policy which clears the way for foreign investment in airlines and are directly contradicting plans for foreign stock market listings for China's three main carriers. In late October, Civil Aviation Administration of China's deputy ...
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Chinese IPOs face delay
Time is running out for initial public offerings by two of China's leading airlines. Unless China Southern and China Eastern Airlines launch their IPOs in the US before year end they could be post- poned up to six months. If the airlines fail to file during December, the ...
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Merpati mire after sacking
Indonesia's troubled government-owned airline industry is in turmoil following the sacking of the president of domestic carrier Merpati Nusantara over his refusal to obey a Transport Ministry directive to lease 16 aircraft through a local company. Ridwan Fataruddin's departure came just a few months after the resignation of ...
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New deals aid Taiwan
Compromises on symbolic points have produced new air agreements between Taiwan and both Hong Kong and Macau. Following expected ratification in December, Taiwan will have five-year agreements that straddle the return of both territories to Chinese control. The deals provide new opportunities for Taiwan's airlines and an end to the ...
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'Economic' spying bugs Japanese
Not many people were surprised to learn, in October, that the CIA undertook 'economic' spying on US trade rival Japan. The high-profile impetus for the intelligence gathering was the US-Japan automobile trade talks that were resolved in July after the two sides negotiated an eleventh-hour settlement under the spectre of ...
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Abacus first in the frame
Abacus has become the first CRS to win access to the vast Chinese market in a deal that should give the Singapore-based company a lead in developing a full-scale CRS for China. The Civil Aviation Administration of China (CAAC) awarded the contract in mid-October after a three year battle that ...