All news – Page 7879
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Airline Business 100 - 1995
Rank Airline Revenue US$M OpResult US$M NetResult US$M net margin % fleet Total emps Revenue Tonne kilometres (mil) Revenue Pax km Pax millions Load Factor % Year End 94 93 Pax ...
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The strong performers
As more and more airports become profit-driven there is a greater demand for productivity comparisons. Andrew Lobbenberg and Anne Graham present an analysis of 25 European airports.Many European airports have been transformed over the past 10 years. As a sector they have changed from government utilities into a dynamic commercially ...
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Western rethink
After a few early failures, potential western investors are again showing an interest in FSU aviation. But a more upbeat view of future traffic growth is needed. Colin Smith reports.More than three years have elapsed since the demise of the Former Soviet Union (FSU) and the ensuing disintegration of the ...
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Many happy returns
After keen investor interest, Australian flag Qantas was all set to become fully traded on the stock exchange from 31 July, and under immediate intense pressure to provide the projected return on investment. Tom Ballantyne reports.As Qantas began its first twelve months as the world's most recently privatised airline in ...
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Big brother blues
With the collapse of negotiations to buy a stake in Ansett Australia and the future of the single Australasian marlket still hanging in the balance, Air New Zealand must continue to focus on cost control and selective expansion. Report by Tom Ballantyne.Air New Zealand managers like to say the carrier ...
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The great Gats
Despite the complexities, experience with the Gats in aviation so far shows it should not be written off as a vehicle for multilateral liberalisation. Ron Katz reports. The General Agreement on Trade in Services (Gats) and its annex on air transport services came into force for the majority of Gatt ...
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The right balance
Profits and losses dominate the headlines, but balance sheets give a better long term view of a company's health Ian Milne explains.In the rapidly changing, increasingly results-oriented airline industry most attention is paid to operating performance, in the shape of the profit and loss account, in assessing the immediate success ...
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New game in town
Last November's takeover of the US Congress by Republicans has made for strong partisan politics and even aviation, traditionally a bipartisan affair, is showing signs of rancour. Mead Jennings reports. If there is one person who signifies that Congress now leans to the right following the Republican takeover last November, ...
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More progress
Oh, dear. The 100 largest airlines in the world once again have failed to turn a net profit. It was a close call, but this is the fifth consecutive annual net loss for the carriers in the Airline Business 100. Last year was, of course, a big improvement. ...
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The polarisation of the airline
The polarisation of the airline industry has never been so evident. Among the 92 Airline Business 100 carriers reporting net results for 1994, 62 made money. Yet the other 30 lost enough between them to plunge the industry into a collective net loss for the fifth year running. As well ...
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Thriving markets
For the industry as a whole, 1994 was marked by substantial growth, with passenger traffic for the Airline Business 100 carriers increasing by 8.2 per cent and freight tonne km by 16.3 per cent. However there were some meteors, almost all of them smaller carriers whose revenues place them below ...
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Flying on course?
Many airline executives have read Professor Rigas Doganis' textbook on airline management, Flying off Course. As chairman and chief executive of Olympic Airways, Doganis is now putting theory into practice. He talks to Sara Guild about progress so far, and the future.Ensconced in the room that once held Aristotle Onassis, ...
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Holding back the tide
Relations between Europe's major airlines and their flight deck crews have reached an all-time low, as pilots resist cost cuts and changes to scope clauses. A return to profit by US carriers looks set to damage relations with their pilots too. Mark Odell assesses the pilots' case.Overpaid, overreacting and overhead. ...
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Financial results
Higher load factors and increased yields combined to produce the increase in revenue. Pretax income doubled to $41.2m but the tax provision rose. The dislocation of American Eagle's fleet due to bad weather and a freak hailstorm affecting 10% of American's fleet cost $23m in net earnings. ...
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Northern Exposure
Alaska Air has slashed its unit costs, revamped its network and moved away from high service levels. Now the carrier must rebuild its balance sheet and rebuff the advances of competitors in an increasingly tough market. Mead Jennings reports from Seattle.John Kelly, president and chief executive officer of Alaska Air ...
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Airline news
British Airways and USAir have expanded their codeshare agreement to include 10 new US destinations. BA has signed a service partnership with Aeromexico. Canadian Airlines has added 17 new daily flights to its codeshare agreement with American Airlines. Services include Montreal, Toronto and Vancouver to Dallas-Ft Worth; Calgary ...
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Asian giants ripe for investment
One only has to monitor the extraordinary number of high-powered, government-sponsored trade missions from the industrial countries to China and India to realise that these rising powers of Asia have become critical targets for western exports, financial services and inward investment. At a time when growth among some of the ...
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ATA comes out fighting
Washington aviation officials have been watching with fascination as the Air Transport Association - the trade group representing most US majors - has transformed itself into an effective lobbying entity. Gone are calls heard only a year ago for disbanding the group because it was a waste of money for ...
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Abacus lifts Thai stakes
In a further bid to break the monopoly of the Amadeus CRS in Thailand, Singapore-based Abacus is threatening to elevate its battle with the Thai government to a regional trade dispute. As a measure of intent, Abacus president William Liu has already threatened to wipe Thai Airways flights ...
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Asia majors to woo DHL
The Asia-Pacific's major airlines are trying to convince overnight express freight operator DHL Worldwide to modify plans to introduce 12 of its own Boeing 727 freighters into the region, apparently fearing the move will rob them of critical cargo income. Until now DHL has used only commercial uplift ...