All news – Page 7956
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News
Air NZ to take Ansett
News Corporation's Rupert Murdoch has agreed to sell his 50 per cent share in Ansett Australia to Air New Zealand for around A$500 million (US$365 million). But an announcement was delayed as Air NZ and its controlling shareholder Brierley Investments continued tough negotiations with the other Ansett shareholder, TNT, over ...
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JAL: cancel US bilateral
Japan Airlines has fired the opening shot in expected Japan-US aviation talks by calling for cancellation of the existing bilateral so that both sides can start with a clean slate. With talks imminent, JAL is signalling its determination to urge a harder line that is consistent with Tokyo's growing resistance ...
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Western help Uzbek style
Forget airline consultants. Uzbekistan Airways has come up with a novel way of obtaining western expertise: invest in a UK airline. European Airways, which operates a single domestic route, is 40 per cent owned by the CIS carrier. In exchange, managing director David Allen and board members are ...
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Amadeus in One
Amadeus has bought the SystemOne CRS from Continental Airlines. The airline receives 12.4 per cent of Amadeus and an undisclosed sum of money. The Lufthansa, Air France and Iberia stakes in Amadeus have been diluted to 29.2 per cent each. Source: Airline Business
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In defence of US policy
Last November, when transportation secretary Federico Pena publicly announced the first formal US international aviation policy since 1978, the support from all other parts of the federal government appeared to be unswerving. The policy, after all, was a product of the Clinton administration's 'collegial' approach to policy making. ...
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Alitalia pilots feel the heat
Alitalia is forcing its intransigent pilots into a corner. The recent move by management to convert lower cost domestic subsidiary Avianova to a regional European operation follows the decision to wet-lease B767s on some transatlantic routes. Both moves mean cheaper labour for Alitalia and less work for its pilots. ...
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Ryanair aims for jugular
In the highly sensitive area of European state aid, Irish independent Ryanair has decided enough is enough and aims to set a precedent when it takes the EC to court. Ryanair's action follows the Commission's decision to award Aer Lingus its second tranche of state aid despite the ...
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Bells ring in the changes
Time will tell whether the three recently announced major alliances are merely marriages of convenience or opportunities for long-term harmony and success. The wedding bells are ringing again. If successful, this month's three major new airline alliances will all change the balance of power in their respective markets. But ...
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EU ponders open skies
The European Commission's draft negotiating mandate, being considered by European Union transport ministers at their 19 June meeting, envisages pursuing a full open skies agreement with the US, higher reciprocal ownership limits, and a raft of safeguards to prevent anti-competitive behaviour. If it is awarded, the EU will ...
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Stay out SIA!
An Indian parliamentary committee has opposed foreign investment in airlines, casting doubts over the proposed joint venture between Singapore Airlines and Tata and the future of Jet Airways' holdings by Gulf Air and Kuwait Airways - both have 20 per cent. Source: Airline Business
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New SA fires flag growth
South Africa's new found international acceptance has forced its flag carrier sub- stantially to upgrade its fleet of long-range, wide-bodied aircraft and go on a billion dollar spending spree to compete with growing competition. South African Airways will spend $1.1 billion acquiring some 10 new wide-bodied aircraft over ...
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TWA breaks cap ranks
TWA's break from other US majors in capping travel agent commissions may not unravel the cost-cutting initiative, but it will certainly benefit the struggling carrier. The move has locked TWA into an almost guaranteed revenue windfall and has removed it from a class-action lawsuit filed against the commission-capping ...
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Lessors bid to save FSCs
US cross-border tax leases involving foreign sales corporations (FSCs) appear to have been dealt a fatal blow by a recent US Internal Revenue Service ruling that eliminates accelerated depreciation mechanisms. But sources indicate US lessors are still looking at ways around the ruling, despite some estimates of a ...
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More for sale
The Australian government has lifted the foreign investment limit in the mid-July float of Qantas from 35 per cent to 49 per cent. But individual offshore investors cannot take more than 25 per cent, thus preventing British Airways from upping its current stake. Source: Airline Business
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Weber wins Nordic prize
For SAS the search is over. But KLM now finds itself without any major European partner and is fast running out of available options. The Scandinavian flag carrier solved its European partner problem by forging close ties - but no equity swap - with Lufthansa. The alliance is ...
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Swissair set to buy way in
Swissair is not often accused of acting in haste. But the manner in which it is has approached buying a 49.5 per cent stake in Sabena smacks of desperation, brought on by its exclusion from the single European aviation market. European Commission approval for the deal appears little ...
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Old certification standards
Sir - You raise the subject of the application of old certification standards to new-derivative aircraft such as the Boeing 737X (Flight International, 10-16 May). We understand that some new standards apply only to new designs, and may not be appropriate for an existing, well-proved aircraft. For example, ...
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A tribute to RAF Oulton
A tribute to RAF Oulton Sir - In the centenary year of The UK National Trust, staff, members and volunteers associated with Blickling Hall in Norfolk are hoping to establish a permanent record and tribute to RAF Oulton, at Blickling from 1940 until 1947. At Blickling ...
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Manchester
Clive Condie has been appointed air-services development manager at Manchester Airport in the UK. Condie has been with the airport for 13 years, and was formerly manager of the leisure-marketing function in the business-development directorate. Source: Flight International
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Pemco
Carsten Birkebaek has been appointed managing director of maintainer and modifier Precision Standard's Pemco World Air Services, based in Copenhagen, Denmark. He was formerly vice-president of the ship-owning division of the Burmeister & Wain Shipbuilding Group of Denmark. Source: Flight International