All news – Page 7907
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Pilot pay deal
Continental's pilots, without a contract since unionising in 1993, tentatively agreed to a plan that will increase their pay by 18.5 per cent over the next two years. The agreement also includes a pay snapback and a cash payout of $20 million, the latter going into effect upon signing the ...
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Dutch loss
Fokker has warned shareholders that equity will fall to below half the issued share capital, as the net loss in the first half of 1995 was expected to be greater than the DFl449 million ($288 million) loss for all of 1994. Source: Airline Business
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UK shuffle
Sir George Young is the new UK secretary of state for transport following a cabinet reshuffle in early July. He has had little exposure to transport issues, previously holding the post of financial secretary to the Treasury for the past 12 months. Source: Airline Business
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USAir setback
USAir suffered a setback with its restructuring plan when its flight attendants voted 55 to 45 per cent against the proposal. The struggling carrier has yet to get pilot or machinist approval, and must now start talking with the flight attendants again to reach their targeted saving of $52.8 million. ...
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LIAT sale
The privatisation of Liat is going forward, with Trinidad and Tobago's BWIA the probable lead investor in the small Antigua-based Carribbean regional. BWIA has proposed a 22 per cent investment, and will provide marketing services for Liat. The Antiguan government will retain 10 per cent of the privatised carrier, employees ...
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Financial results
Air Canada cut its operating loss from C$12m to C$7m. Passengers and yields both rose 6%. There were C$40m of non-operating gains in 1994. Operating income trebled to US$162.2m, moving ANA into the black. Boosted by the Kobe earthquake and the strong yen, traffic rose 6.1%. ...
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Same old story
Bilaterals The reasons underlying the long-running bilateral dispute between the US and Japan are little changed. But David Knibb explains that economic and political imperatives could well signal the end to what has become an uncomfortable impasse.The scene is a familiar one: a US airline proposes a route beyond Japan, ...
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Technology tradeoffs
As the taxi pulls into the airport, the passenger's personal digital assistant (PDA) flashes the message that his flight is delayed for an hour, and asks him to confirm his inflight meal selection. He swipes his SmartCredit card through the taximeter, enters his personal authorisation code, adds a tip for ...
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The sum of future parts
Global Airways flight 632 is midway between Manchester and Orlando. A line maintenance technician in Orlando, monitoring the aircraft's systems via satellite, is alerted to a malfunctioning aft fuel pump. The technician, who has never handled this problem before, consults a virtual workplace to review the system design and get ...
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Superjumbo or white elephant?
Mrs Akido is flying from Sapporo to Fukuoka to visit her mother. While the aircraft is taxiing to the runway, she goes through the safety procedure on her virtual reality screen. In the noise-proofed cabin she cannot hear the roar of the engines, nestling under the 80 metre wingspan, as ...
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Tomorrow's flight plan
They call it the autonomous aeroplane. An aircraft which can be navigated around the world independently of any ground navigation aid and which, rather less easily, can return to earth anywhere in any weather. Technically the concept is a practicable one. Whether it will be coming to an airport near ...
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Don't just talk
Leading airlines have long talked about spinning off or even selling their non-core operations but there are finally signs that they are putting their words into action. T Wakelee Smith of SH&E assesses what progress has been made.For several years now, airline experts and management gurus have expounded on the ...
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A fourfold future
How will airline passengers acquire travel products in the future? Can the airline industry retain control of the distribution pipeline through which carriers sell their products and get information on their customers, or will the large travel agencies take over? By Jay Rein, Michael Gelhausen and Scot Hornick. Ten years ...
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Staying in business
Iata's director general Pierre Jeanniot is preaching the benefits of market economics and privatisation to member airlines while carrying out the association's own extensive internal review and restructuring. Interview by Jacqueline Gallacher. Pierre Jeanniot is no stranger to government bureaucracy, nor to market restrictions. As president and chief executive of ...
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A changing game plan
In coach class passengers are contentedly gazing at seatback video screens, absorbed in a broad range of quality in-flight entertainment. Live television and radio vie for passengers' attention with the latest movie releases of 2005. Adults while away the hours making purchases of questionable wisdom or slowly gambling away their ...
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2005: An airline odyssey
In ten years time, what will have become of the conventional wisdom of the airline industry? In looking ahead 10 years, this survey concentrates on how the electronic revolution will reshape the airline business. But first, Mead Jennings balances the projected technological advances against less quantifiable developments in labour ...
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Slots to grumble about
Virgin seems to have it all, well almost. Improving profitability, strong international codeshare partners and a highly successful brand name. But further expansion is hampered by the independent UK carrier's old bogey: slot restrictions at London/Heathrow. Sara Guild examines Virgin's dilemma.Washington, none; Philadelphia, none; Chicago, none; Boston, none; Bombay, none; ...
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Malaysians so 'ruthless'
I refer to your editorial 'Meeting Market Needs is Essential' (Airline Business, May). This is timely advice to carriers bent on taking rapid steps to realise their goals. Malaysia's national carrier is also experimenting with the new approach. In doing so, it has uprooted the very structure of ...