All news – Page 7856
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Macau faces slow start
The long-awaited opening of Macau's airport next month may not see the carriers lining up as planners had envisaged, but they can at least take comfort from the barrier still facing their irrepressible rival and neighbouring airport at Zhuhai. When the first scheduled flights start from the Portuguese ...
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Italian swap?
Alitalia has bought a 55 per cent stake in Avianova from Cofiri for L19.7 billion ($12.1 million), giving it 100 per cent of the domestic carrier. At the same time Alitalia completed the sale of its 56.2 per cent stake in Aeroporti di Roma to Cofiri at a price between ...
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Dragon sale to calm fears
Senior managers at Cathay Pacific are still fighting to prevent the China National Aviation Corporation (CNAC) from invading their home turf. The latest gambit is to offer the potential rival a stake in regional carrier Dragonair, but there are doubts whether this tactic will curb the Chinese operator's ambitions. ...
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Kiwi to Oz
The New Zealand government has given Kiwi Travel International Airlines approval to operate scheduled services to Australia. The former charter carrier launched three new trans-Tasman routes with six weekly services: three between Hamilton and Brisbane, two from Hamilton to Sydney and one from Dunedin to Brisbane, using an all-economy B727-200. ...
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Oz closes on airport sales
The privatisation of Australia's 22 airports looks set to become as lengthy a process as the oft-postponed float of national flag carrier Qantas. While Canberra has at long last released details of the terms for local and offshore bidders, legislation to clear the way for privatisation will not ...
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JAL smooths over FAA ban
Japan Airlines was understood to be close to an agreement in early September to end the US Federal Aviation Administration's suspension of its licence to repair US registered aircraft. The airline's FAA authorisation was cancelled in August after a routine annual inspection showed violations of US standards, according ...
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Global economy spreads little joy
A distinct mood of pessimism has descended upon the finance ministers and central and commercial bankers who were due to gather in Washington in October for the autumn meetings of the Group of Seven, International Monetary Fund and World Bank. With only a few exceptions, the signs of ...
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Thai in return to old ways?
Thai aviation policy has taken a step backwards since the election of a seven-party coalition government in July and the shakeup at the transport ministry which has allowed the air force to regain its grip on Thai Airways International. The changes have caused an uproar in the Thailand ...
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Kiwi sold on Murphy's law
The traditionally difficult winter season could prove especially challenging for troubled US minnow Kiwi International. In August, the Newark-based carrier installed its fourth chief executive in seven months, and its competitive position in the eastern US is under threat from Southwest's planned entry into Florida. But CEO Jerry ...
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Latins can look to a brighter future
South America's airlines are entering a new phase of alliances and cooperationThe realignment of the Latin American airline business is gathering pace. Chile's antimonopolies board has finally decided to permit LanChile to acquire Ladeco. Enjoying the fruits of a remarkable financial turnaround, Vasp of Brazil is acquiring Ecuatoriana and bidding ...
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Blanc rejigs his top team
Air France chairman Christian Blanc is putting pressure on flight attendants to accept a two-tier pay structure. The latest bid to cut costs follows a management reshuffle at the end of August. Blanc has commissioned a study by Munich-based consultants Roland, Berger and Partner which shows that cabin ...
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Iberia hit by pilot threat
Hell hath no fury like a pilot scorned. And Iberia's pilots believe the European Commission is scorning them by delaying the ruling on the proposed state injection of Pts130 billion ($1.03 billion). Fed up with waiting, the pilots decided to turn up the heat by refusing to ratify ...
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MEA cash pledge
Khaled Salaam is the new president and chairman of Middle East Airlines, while Youssef Lahoud has been confirmed as managing director. This means MEA should now receive a $100 million government loan, but general elections in November could yet compromise the funding. Source: Airline Business
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No ticket to ride with UAL
United Airlines' decision to make electronic ticketing an option for passengers on all its domestic routes, including services to Hawaii and Puerto Rico, could save the carrier up to $5 per ticket. The carrier estimates the new technology will save it about $25 million annually, similar to savings ...
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Asia holds Europe's key
The overcrowded European regional jet market has moved closer to further consolidation, spurred on by continued problems at Fokker and Daimler Benz Aerospace (Dasa), the imminent approval of the joint venture Aero International Regional, and a joint European bid to partner China and Korea in building a new regional jet. ...
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KLM builds with caution
KLM's recent agreements with Garuda Indonesia and Jet Airways in India reflect a wariness by the Dutch carrier over the future development of the industry in Asia-Pacific, but in Europe the carrier is still lacking a major partner. As parts of Asia like Thailand and Vietnam develop rapidly ...
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New faces sweep Lagos
Nigeria's aviation industry has undergone a massive shake-up, with the sacking of the entire management of Nigeria Airways and the merger of the Federal Civil Aviation Authority and the Nigerian Airports Authority. Group captain Peter Gana replaces managing director Andrew Agom at Nigeria Airways, after what the minister ...
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More blues in St Louis
After emerging from Chapter 11 for the second time in three years, TWA's management may have left the immediate crisis behind but there are still plenty of problems that need fixing. TWA came out of bankruptcy protection in late August with a prepackaged restructuring that erased $500 million in debt. ...
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US push for London move
The US is hoping to wrap up the next stage in aviation bilateral negotiations with the UK by October, with talks focusing on US carriers' rights to move London flights from Gatwick to Heathrow. But an initial UK proposal gave little solace to US carriers. In exchange for ...
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How much trust in US?
With all nine European countries signed up to open skies agreements with the US, Washington has completed a key part of its international aviation policy announced last November. But the fallout could have serious repercussions for the European Commission's attempts to win an external negotiating mandate with the US, in ...