Networks – Page 1384
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Transwede is forced into radical change
INCREASINGLY unsustainable losses have forced independent Swedish airline Transwede to initiate a radical restructuring programme centred on the establishment of three separate business units. From this month, scheduled, charter and maintenance activities will be operated as independent profit centres. The move, which involved 160 redundancies at the end ...
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Continental and Air Canada agree to extend code-share deal
CONTINENTAL AIRLINES and shareholder Air Canada have announced new code-share services, beginning on 8 July. Rival Canadian Airlines International and American Airlines launched their code-sharing agreement on 1 June. The US-Canada "open-skies" aviation pact, signed in February, allows unlimited code-sharing between the countries' airlines, with temporary limits on ...
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Aircraft news
Continental Express has ordered 25 Beech 1900Ds. The contract is worth $105 million with deliveries due to start in July and continue through to mid-1996. Qantas has ordered three B737-400s and two 767-300ERs, worth $325 million. Maersk Air has ordered six Boeing 737-500s with options on ...
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India's giant
NEPC Airlines has bought rival Damania Airways to become the largest privately owned carrier in India. Damania operates mainly in western India, using four Boeing 737-200s. NEPC operates five Fokker F27s on feeder routes in southern India. Source: Airline Business
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Canadian spread
Air Canada and United Airlines have tightened their marketing alliance, and now plan codesharing to six US and four Canadian destinations. Air Canada also has been granted route rights to Belgium, the Czech Republic, Greece, Haiti, Israel, Russia, Singapore and Spain. Flights to Israel start end of June. ...
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New entry to Oz
Cathay Pacific has filed with the Australian Federal Court asking for the Australian government's ban on flights from 30 June to be quashed. Talks on the Australia-Hong Kong bilateral have broken down and Cathay's licence to operate to Australia finishes at the end of June. The HK carrier says the ...
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Managing Asia's growth
Aeropolitics, rising costs and physical impediments to growth are the biggest challenges posed by the tidal wave of growth forecast for the Asia-Pacific region. David Knibb reports from the Airline Business/ Reed Exhibitions conference on 'Managing Airline Growth in Asia', held in Singapore.Asia's growth defies superlatives. ...
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The yen factor
The strength of the Japanese yen is having major repercussions throughout the airline business. David Knibb looks at the impact.The Japanese even have a word for it. Endaka describes the inexorable rise in the value of the yen. It's not a new phenomenon; the yen has been appreciating for at ...
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Clearing the cost block
Continental Airlines' president, Gordon Bethune, says the airline must focus on revenue gains rather than cost cuts, and must improve its poor reputation. Mark Odell reports from Houston.Gordon Bethune, the president and chief executive of Continental Airlines, doesn't mince his words. His energetic and hands-on management style has ripped ...
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Routing for growth
Airlines have added and abandoned new routes at a substantial rate in the past two years, but US carriers and those based in more liberal markets dominated the picture. Report by Reed Travel Group Market Analysis and Airline Business. Market expansion is one of the most pertinent ways to ...
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Pyramids in the sky
Egyptair has seen off domestic competition and traffic is returning after a couple of years of decline. Chairman Mohammed Rayan talks to Sara Guild about his lofty plans for the carrier's future. There appears to be a discrepancy between the plans and ideas of Egyptair's chief executive and those of ...
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Airline news
All Nippon Airways will begin routes from Osaka/Kansai to Shanghai, Bangkok and Kuala Lumpur in mid-July. The routes are subject to approval by Japan's Ministry of Transport. Philippine Airlines has begun a three time a week service from Manila to San Francisco using B747-400s. SilkAir and ...
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Financial results
Air Canada cut its operating loss from C$12m to C$7m. Passengers and yields both rose 6%. There were C$40m of non-operating gains in 1994. Operating income trebled to US$162.2m, moving ANA into the black. Boosted by the Kobe earthquake and the strong yen, traffic rose 6.1%. ...
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Crisis looms in Thailand
Thailand faces the renewed prospect of its airline industry falling prey to political vested interests in the wake of the dissolution of the Thai government on 19 May and the elections set for 2 July. The dissolution has meant the departure of both the transport and finance ministers, ...
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SAA boosted by Lufthansa
The cooperation agreement between South African Airways and Lufthansa is a major boost for the African carrier, while the pact nearly completes the German flag's global net of alliances. SAA has sought a European partner for more than two years and senior general manager John Hare says few ...
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Taiwan takes direct route
Conceding the inevitable, Taiwan has taken the first fateful steps that could lead to direct air links to China within two years. But Beijing's willingness to facilitate such flights will depend on whether CAAC pragmatists prevail over policy ideologues who hope to capitalise on Taipei's recognition that direct links are ...
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Sino thaw is set to grip
Chinese aviation appears to be experiencing a thaw as two recent events show that both outsiders and the CAAC have growing confidence in China's airlines. China's transition from bank-guaranteed to asset-based financing received a boost with the recent decision of an operating lessor to commit aircraft to a ...
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Japan urges Asian forum
Japanese officials in Asia-Pacific have completed a diplomatic offensive to win support for a major regional aviation forum that Japan hopes will lead to tighter government cooperation on air transport policies. The initiative is emerging as the first serious attempt to bring together high level government officials capable ...
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Phone-in plan riles agents
Japan's travel agents are up in arms over a new ticketing drive by the country's major airlines which allows domestic travellers to bypass agents by ordering airline tickets directly over the telephone and paying by credit card. Initiated by the country's biggest carrier All Nippon Airways in April, ...
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Qantas all set to float
With its long awaited A$2 billion (US$1.4 billion) public flotation now in sight, Qantas has taken steps to reassure prospective local investors that privatisation is not a step on the way to integration with 25 per cent stockholder British Airways, and that the company remains committed to European markets. ...