All Safety News – Page 942
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China Eastern completes consolidation
A sweeping consolidation exercise in China involving state-owned airlines is coming to a formal close, with China Eastern preparing to acquire the assets of two smaller carriers.
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Pain relief
Are recent deals real consolidation or just opportunistic moves? A new US combination puts an old question to the test: can two fly more cheaply than one?
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IATA issues profit warning
Rising fuel prices have prompted IATA to widen its 2005 loss forecast for the industry to $6 billion.
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Spin-offs fuel Air Canada’s growth
Air Canada’s holding company, ACE Aviation Holdings, is in empire-building mood, selling stakes in assets such as its Aeroplan frequent flyer programme to fuel growth in other areas
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NewsA grand vision
In the wake of 9/11 the industry seemed ready to free itself from the years of restrictive practices that had left it in crisis. But the hope for a new sense of direction has since faded, at least in the west, leaving others to set the pace
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Expect delays
Delays are often seen as a sad but unavoidable fact of life, but joined up planning across the industry could make radical improvements and help differentiate those airlines that achieve a better performance
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US majors see first glimmers of hope
Buried beneath news of their ever-growing fuel-cost burden, US carriers have quietly begun to enjoy a modest revenue recovery in recent months.
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Senate offers carriers cold comfort
When they took their pensions crisis to Capitol Hill recently airline chiefs found little sympathy from Washington’s political elite but considerable blame.
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Europe unveils its ATM masterplan
Political issues still cloud the way forward as the European Commission (EC) and Eurocontrol prepare to launch the “definition” phase of the SESAME programme that is designed to set a masterplan for harmonised air traffic navigation operations and standards.
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Fuel price worries mount
Predictions that high fuel prices would ease back in 2005 are looking increasingly optimistic as the half-year mark passes, and carriers in both Europe and the Asia-Pacific region are feeling the pressure
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Will orders pay off?
Aircraft orders flooded back at the Paris air show. But what impact will they have on the market? asks Chris Tarry of CTAIRA