All Networks articles – Page 1245
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News
Airline News
American Airlines is to launch daily services from Dallas-Fort Worth to Manchester on 6 April and from Boston to London/ Gatwick on 22 May. American Airlines expanded ticketless travel to all its north Atlantic flights on 17 January. Delta Air Lines plans to start daily services from Atlanta ...
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India airlines in doldrums
T Ballantyne/R Prasad India's hard pressed domestics are facing a double challenge to their shaky balance sheets: the renewed threat of a Tata Industries local startup and massive hikes in airport landing charges. The Tata group had earlier plans for a joint venture with Singapore Airlines, backed by ...
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Angst up in the Andes
Peru is trying hard to attract foreign capital by opening its skies, but its policies are not uncontested and Peru's military may have plans of its own. David Knibb reports from Lima. Deregulation Peruvian-style is not for the faint of heart. Seventeen local airlines have failed in eight years and ...
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Islands apart
A grand plan for Air Jamaica to be the focus of closer cooperation in the Caribbean region has failed to materialise, and instead would-be partners like BWIA continue to pursue their own separate strategies. Karen Walker reports. According to a joke that circulates in the Caribbean, St Peter allows newly ...
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Arranged marriage
Indian Airlines is destined to wed Air-India, but first the government must accept some responsibility for its financial troubles. Its proposed 'dowry' would be made up of compensation for the enforced grounding of its entire A320 fleet back in 1990, a subordinated loan, and the injection of new capital. By ...
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Asia's crisis: a rude awakening
Asia's financial crisis is now threatening to start another global airline recession. What goes up must come down. Of all people, participants in the aviation business should understand this most basic phenomenon. After all, the one certainty of every flight is that gravity will bring it down eventually. All that ...
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Asia's new era
Asia's economic turmoil is going to accelerate long-term structural change as the carriers in the region respond to the challenges. Doug Cameron looks at the impact on aircraft renewal, funding, alliances and liberalisation. Asian executives must be wondering what other calamities fate can possibly have in store for them. ...
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No more red China blues?
Tom Ballantyne China's airlines are getting their first taste of capitalism as the country's carriers drastically slash their air fares and liberalisation hits the region. The Civil Aviation Administration of China has given its 27 CAAC-approved airlines the go-ahead to cut prices by up to 40 per cent ...
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Born free?
While government regulations were the downfall of most of India's first batch of startups, it appears that a second cycle - involving new players as well as the return of some old contenders - is underway. Like large tracts of Asia, cloaked in the fog from forest fires, India's ...
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Brazil cracks the fare nut
Brian Homewood Brazil, a country with some of the highest internal air fares in the world, has taken the first tentative steps towards deregulation by allowing unrestricted charter flights. The Civil Aviation Department (DAC) has given the go-ahead for any nationally-owned company to operate charters on any route ...
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Mexican gulf breaks down
Karen Walker Mexico's chief regional airlines mean to work closer together with the possible aim of becoming a single operation while retaining individual names, shunning concerns about monopolistic behaviour among Mexican airlines. Mexico's major airlines, Aeromexico and Mexicana, and the regionals Aerocaribe, Aerocozumel and Aerolitoral, are affiliates of ...
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Cheap thrills with no frills
Lois Jones Low-cost startups are beginning to looking extremely vulnerable as more majors launch low-cost subsidiaries, ignoring the argument that the independent players should instead be left to satisfy the demand for low fares in underserved markets. By Lois Jones. To your corners, please. To the left of the ring ...
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Garuda in dire straits
Tom Ballantyne Reeling from a freefall in its local currency which has blown up debt, Jakarta's state-owned flag carrier Garuda Indonesia may face bankruptcy unless it auctions off assets. The country's economic collapse, coupled with a string of accidents including a major crash last September in which 300 ...
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Going Dutch on Italian job
Doug Cameron Alitalia can breathe a sigh of relief after securing KLM as a European partner, as KLMlooks forward to its network being boosted. Alitalia rejected Swissair and Air France as possible partners and signed a memorandum of understanding for a broad-based alliance with KLMon 18 December. For ...
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Eleven men to go at MEA
Lois Jones Struggling Lebanese flag carrier Middle East Airlines has named a new seven-man board of directors, after the former board was ousted amid corruption allegations. MEA's outgoing 11-man board has been replaced by one headed by Mohammed Hout, the director of real estate affairs at Banque du ...
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Eye of the tiger
National flag carrier Air India is being readied for a merger with its domestic partner Indian Airlines and at least partial privatisation. But once again political change threatens to scupper the progress made so far. Tom Ballantyne reports from Mumbai. If anyone had doubts that Mumbai-based flag carrier Air-India was ...
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Iberia faces inquisition?
Doug Cameron Iberia is courting trouble with the Spanish competition authorities after reaching agreement for a franchise deal with its main domestic competitor, Palma-based Air Europa. Iberia suffered capacity shortages during 1997 and was forced to wet lease a variety of aircraft, resulting in a fall in service ...
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Higher US fares are hitting home
As US domestic fares continue to rise, more business travellers are making concessions in order to obtain lower fares, or are switching to low-cost carriers. Report by Karen Walker. The New Year had barely been rung in when both American Express and the US Department of Transportation confirmed what most ...
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French stick over partner
Doug Cameron Investment bankers are sharply split over Air France's ability to secure a strategic airline investor and Air France's advisers have retreated from supporting a trade sale after the collapse of its planned Alitalia agreement. Air France plans an equity issue of FFr18 billion (US$2.9 billion) in ...
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Thai hold is loosened
Tom Ballantyne Thailand's government is moving towards domestic and international open skies this year, starting with a move to end a virtual monopoly held by flag carrier Thai Airways International on major domestic routes. Thai transport and communication minister Suthep Thueksuban has proposed a new aviation policy, allowing ...