All news – Page 7955
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US-UK close
The US and UK were close to coming to terms on the bilateral 'mini-deal' that will give United Airlines Chicago-Heathrow authority for a 767 service. Points of contention are the number of frequencies United would be allowed, whether US unlimited codeshare rights beyond London would just be for Europe or ...
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Spanish aid
In requesting further evidence to support Iberia's request for Pta130 billion ($1 billion) in state aid, the European Commission says it has 'serious doubts' about the carrier's claims of exceptional and unforeseen circumstances, and about the proposed restructuring plan. Source: Airline Business
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Even bidding
Nine consortia including Air France, Continental, Vasp, Taca, Aces, and Carnival Airlines are bidding for a 50.1 per cent stake in Ecuatoriana. Business plans plus a minimum working capital sum of $10 million must be submitted by mid-June. Source: Airline Business
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US antipathy gives focus
Nations in Asia-Pacific ponder the benefits of a single market. Aeropolitics in the Asia-Pacific region are at something of a crossroads. The US has always been a single market, and the European Union created a single market in 1993. But the Pacific Rim nations remain aeropolitically fragmented, and this could ...
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A mighty match
Can the Boeing 747-400 freighter be more profitable than an older conversion? Mark W Lyon reports.A new freighter aircraft can be a financial conundrum. How can one be confident of financing a $150 million investment over 20 years when cargo yields fluctuate wildly and show a disturbing long-term decline? Between ...
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Pushing the limits
Failure to agree a new international system quickly could mean that all airlines will face unlimited financial liability for the injury or death of their passengers. David Knibb reports.It may already be too late, but even those who still champion the Montreal Protocols now acknowledge that time is running out ...
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Suppliers in demand
What enlarged role could suppliers and manufacturers play as airlines look to outsourcing as a cost control mechanism? Kevin P Michaels and William D Angeloni of the Canaan Group explore the possibilities.Airline suppliers have already endured a tumultuous decade - order boom followed by order bust, complicated by the constant ...
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A question of give and take
Many airlines have become more demanding of marketing alliances and are now prepared to abandon bad agreements or switch partners to get the right benefits.To the untrained eye the level of alliance activity over the past year could seem rather subdued compared to the frenetic activity of previous years. Some ...
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Not so easy
Where are the Southwests of Europe? As 1997 fast approaches, Sara Guild talks to the sole example, Ryanair, and looks at the difficulties of establishing the profitable low cost, low fare European airline. Tentative inquiries from the US are reaching the ears of would-be European airline companies. Two years away ...
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Making it work
Though airline alliances will come and go in the years to come, this survey demonstrates that they will almost certainly remain a strong feature of the industry. Despite some significant deletions since last year, particularly in the realm of route specific cooperation, each time an agreement has died another partnership ...
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A fighting chance
Aer Lingus managers have yet to solve the airline's problems on UK regional routes and must complete the restructuring of the rest of the group in order to secure the final payment of state aid. Mark Odell reports from Dublin.When the European Commission gave a derogation to the Irish government ...
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Chinese drop guarantees
Air China has made history as the first Chinese airline to finance most of a new aircraft purchase without a bank guarantee. But the chances that others will soon follow suit have diminished with a recent rating downgrade for non-sovereign Chinese debt. Pressure has been mounting on China's ...
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China cramps Taipei links
Taiwan is struggling to retain or expand regional air links in the face of Beijing's campaign to isolate the island state and force it into direct ties with mainland China. The commercial agreement that serves as a bilateral between Taiwan and Hong Kong was extended for an interim ...
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Airline news
Korean Air has begun operations to Aomori, Japan. The thrice weekly service uses a Fokker 100. Emirates will start flights to Nairobi and Ho Chi Minh City from the end of October. Both destinations will be twice weekly and use A310s. SAS is to resume its ...
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Home sales, closed ranks
The sale of stakes in three of Taiwan's larger domestic airlines in less than a month appears to be linked to Taipei's plan to open international routes to these airlines. EVA Air paid $13 million for 20 per cent of Great China Airlines and $18 million for 32 ...
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What's in a code?
After a year of research, two US government-sponsored studies on codesharing alliances are complete. Mead Jennings says the findings confirm what most airlines have already known for some time: codesharing pays. In the early part of 1994, US transportation officials began to question the precepts of the 'glue' that ...
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Spreading the free trade gospel
The world economic summit in Halifax, Nova Scotia, is an important time for the post second world war global institutions. It will set the direction for reshaping the organisations which have contributed to the peace since 1945 and which, since the end of the Cold War, have been spreading ...
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Virgin hopes for Oz link
Malaysia Airlines' codeshare link with Virgin Atlantic Airways on the Kangaroo Route hit unexpected turbulance when the Australian government declined to approve it. However, at presstime Virgin officials were hopeful of a positive outcome by mid-May, allowing the codesharing to start by early June. Canberra's refusal to clear ...
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Qantas/BA green light
British Airways and Qantas are set to win approval from Australia's Trade Practices Commission (TPC) for their controversial revenue pooling and price arranging plans for the loss-making Kangaroo Route, though with some tough conditions attached. Approval will be strictly limited to cooperation on flights between Australia and Europe ...
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Cathay HK role threat
The future of Hong Kong's Cathay Pacific looks increasingly uncertain as it attempts to fathom the motives behind a China National Aviation Corporation (CNAC) application for an air operator's certificate in the territory, in a move to set up a Chinese-controlled, Hong Kong-based international airline to compete with Cathay. ...