All Networks articles – Page 1365
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News
Appointments
British Airways has announced a major management reshuffle. Alistair Cummings becomes chief operating officer and director of profit development and is replaced as managing director British Airways Engineering by Clive Mason. Charles Gurassa becomes director of passenger business, David Holmes assumes the post of director corporate resources and Roger Maynard ...
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Russian growth
Moscow-based Vnukovo Airlines is starting scheduled services to Greece and will jointly operate flights to Serbia and Montenegro with Aeroflot RIA. Meanwhile, the carrier awaits the outcome of a private legal battle which claims the sale of 41.4 per cent of the company violated regulations. ...
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95 at a glance
Mark Odell recaps on the highlights of 1995, from the usual share of startups, failures and major equity transactions to commission caps and open skies. January The French government partially opens Paris/Orly to intra-European traffic after complaints to the European Commission from Lufthansa, KLM, SAS and Lauda Air. The new ...
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Beijing wins on US accord
The China-US bilateral signed in December is the culmination of a sustained and successful effort by Beijing to ratchet back US dominance. It resists pressure from Washington for big capacity boosts. China has long complained that loads did not justify more capacity and that US airlines already carried ...
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Forging ahead
What could possibly go wrong? Most carriers have achieved a remarkable turnaround from the depression of 1990-1. Traffic has rebounded and capacity is under control, leading to healthy load factors and yields. Unit costs have fallen as workforce cuts and productivity improvements have borne fruit, while fuel prices have remained ...
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Airline news
Alaska Airlines has become the first US carrier to offer ticket booking on the Internet. Northwest Airlines is extending its daily Boston-Amsterdam service to Bombay (four times weekly) and Delhi (three times). United Airlines is launching daily services to Vancouver from both Denver and Los Angeles ...
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One law for all
Manufacturers and financiers are drafting proposed uniform rules on aircraft security interests and leases that could lead to lower capital costs for airlines worldwide. But will they be adopted soon enough to be of help? David Knibb reports.Lower credit costs for airlines are the aim of an international effort now ...
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Latin America
Now that the process of privatising the airlines in Latin America and the Caribbean is complete, the next logical step is consolidation. Most Latin carriers are small by world standards, all are highly dependent on their home country markets, and many have weak balance sheets. The heavy losses of the ...
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Tokyo mixes its approach
No one is more baffled by the Ministry of Transport's plans for a third Tokyo airport than local government and civic leaders. Not that they oppose another airport, but they are wondering whether the MOT has levelled with them, or if it is incapable of following a coherent airport strategy. ...
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Asia-Pacific
The Asia-Pacific region continues to maintain its flagship role at the sharp end of global air travel recovery. Double-digit growth is again forecast through 1996, bringing further financial gains for regional operators and benefits for major airlines operating into the area from elsewhere. There will, however, be dramatically ...
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West teeters on brink of recession
The sustained economic recovery among the larger western economies, now entering its fifth year, could pause in 1996 after slowing abruptly in the final months of last year. A combination of factors, including the downward pressure on budget deficits in Europe being exerted by the need to meet the ...
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NEPC chases Modi stake
Indian independent NEPC Airways is moving aggressively to consolidate its position as a major domestic player with a hostile takeover bid for rival Modiluft. NEPC's chairman Ravi Prakash Khemka's goal is to become the largest independent in the Indian domestic sector. 'We want to be number one in ...
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China double in five years
Beijing may have put the brakes on its airline's phenomenal expansion rates over the past year but the Civil Aviation Administration of China (CAAC) is preparing to cope with another 'Great Leap Forward'. The latest Five Year Plan, covering 1996-2000, caters for an annual civil aviation industry growth ...
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Euro partner leaves club
A conflict of interests over US partners has spelt the end for Canadian Airlines International's long-standing relationship with Lufthansa. American Airlines, which has a 33 per cent stake in the Canadian carrier, moved to strengthen further the ties with its northern partner when it applied for antitrust immunity ...
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Job cuts could hit companies hard
America West Airlines laid off 500 machinists in December following a 736-person cutback last March. As part of its dramatic cost-cutting campaign began, Delta Air Lines let go of more than 3,000 workers. In 1995 alone, Continental Airlines dropped 5,000 jobs from its roster. What is happening? Long attributed ...
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Five crowd over Tasman
The skies between Australia and New Zealand are becoming crowded as two new startups vie for discount traffic on secondary routes across the Tasman Sea. At the same time Ansett Australia has launched its first flights to New Zealand, joining national flags Qantas and Air New Zealand on the primary ...
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The day the taxes died
US government taxes on air tickets died - probably only temporarily - on 31 December but their demise, however short-lived, could be good news for US airlines. At presstime the 10 per cent excise tax on domestic tickets and $6 departure tax on international tickets still had not ...
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Delta: what value pilots?
Delta Air Lines is struggling to reach a deal with its pilots over the launch of a low-cost B737 operation to go head to head with ValuJet, as the no-frills Atlanta-based carrier turns up the heat by launching into USAir's heartland. Delta management, which is seeking $340 million ...
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Middle East
Peace in the Middle East is the factor which will make or break the events of 1996. A lasting peace accord between Israel and its Arab neighbours could produce the boom the aviation players have been waiting for, but failure on the part of the politicians could put pressure on ...