Networks – Page 1290
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News
Rebuild with care
New faces in Washington mean action in the most controversial area of FAA reform - funding - is on hold. But the sparks should still fly in 1997. The new US Federal Aviation Administrator may want to consider investing in a pair of velvet gloves on taking up office. ...
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Financial results
Air Macau's operating loss during its first full year was about half of the original forecast. The airline carried 665,000 passengers at an average load factor of 68%. Air Pacific increased its profits during its first full year of flying to Los Angeles and Osaka, although the French ...
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Gulf Air split put on hold
Gulf Air's future remains in doubt as Abu Dhabi still looks set to succeed in its bid to take control of the carrier. The bid by the oil-rich Emirate was put on hold following new objections from Qatar and Oman. Concerned about their ability to grow their own ...
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LOT tackles local losses
In a bid to stem both financial losses and the erosion of market share by western European carriers, LOTis set to retaliate with the long-awaited launch of a new regional and domestic subsidiary, Eurolot. The wholly owned subsidiary, set up in December 1996, is due to start operations ...
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BA-AA: a hell of a furore
The European Commission's latest drive to secure external competence in aviation matters is little short of a public relations disaster. But then the way most parties have acted during the response period to the UK's Office of Fair Trading report on the proposed British Airways-American Airlines alliance reeks of bad ...
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BA tightens Euro screws
British Airways will intensify its efforts to turn around its unprofitable operations in France and Germany after the acquisition of Air Liberté and the relaunch of Deutsche BA. Air Liberté's fate rests in BA's hands after the commercial tribunal in Creteil finally approved BA's recovery plan, filed in ...
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Garuda link
Garuda and Northwest Airlines have signed an MoU to pursue a broad marketing and operating alliance. The deal envisages codesharing, schedule coordination, a CRS linkup and joint marketing. On the operational side, Northwest plans to extend its three weekly Seattle-Osaka flights to Jakarta. Source: Airline Business
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1997: very best of the decade?
There is an extraordinary degree of optimism about world economic prospects in the year ahead. Equity markets, the global barometer of business health, stand at or close to record levels on both sides of the Atlantic and have been climbing in the Pacific; oil prices have begun to flatten after ...
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SIA cautious on India link
Singapore Airlines' plan to launch a joint venture start-up in India has run into more trouble. The country's civil aviation minister has cast doubt on the plan's official approval by India's Foreign Investment Promotion Board (FIPB). SIA has been lobbying with Tata Industries to launch the airline since ...
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Atlantic trio boost links
Swissair, Austrian Airlines and Sabena have enhanced their integration with a joint order for up to 29 Airbus A330s and the launch in February of a joint North Atlantic operation with Delta Air Lines. Officially, the A330 order follows a joint evaluation, but in practice Sabena has closed ...
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Taipei cuts as SA shifts
Taiwan is suspending air service with South Africa after the latter announced it was switching diplomatic recognition from Taipei to Beijing. The move will have little effect on Taiwan's airlines but raises questions about the basis of Taipei's aeropolitical policy. China Airlines has operated twice-weekly flights to Johannesburg ...
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Sea change
A change of government has resulted in a new chief executive for Air Malta, as well as a narrower focus. The airline's investment in Italian startup carrier Azzurra Air is now being questioned. Ian Verchere reports from Malta. Malta's unexpected shift to the Left at the national elections in November ...
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No unity over Rio Grande
Mexicana and Aéromexico have each entered or expanded separate alliances with US airlines, signalling that they plan to continue competing against each other across the US-Mexico border. These pacts revive questions about the carriers' commitment to their joint Alas de America alliance with AeroPeru. Aéromexico has expanded its ...
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Mastering Micronesia
As island governments slash support for their airlines, the carriers are discovering the need to size themselves to fit their markets and to pay more heed to commercial realities. When your nearest neighbour is 10 days away by boat, aviation is fairly important. But the central Pacific Micronesians are ...
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Mutual interests
Mutual funds own substantial shares in most major US airlines. James S Altschul examines how they look at the airline business, and asks how much influence they wield. They are the behemoths of the equity investment world. Fuelled by a surging stock market, growing retail interest in equities, and a ...
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Skating on thin ice
Competition, high costs, declining yields, and powerful unions are weighing heavily on SAS, but salvation could lie in its growing alliance grouping. It must be like hoarding a treasure chest, only suddenly to find a queue of people knocking on your door demanding a share of the booty. SAS ...
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Flightwest and MBA prepare to begin new Australia-PNG services
Flightwest Airlines of Brisbane is preparing to fly between Australia and Papua New Guinea (PNG), using capacity to be released by Australia's International Air Services Commission (IASC) following agreement late in 1996 on a new Australia/PNG bilateral (Flight International, 6-12 November, 1996). The IASC says that the Flightwest ...
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Lithuanian introduces Saab 340 on regional flights
Lithuanian Airlines (LAL) is leasing two used Saab 340B turboprops to develop regional routes from Lithuania's capital Vilnius. The first of the two used aircraft, formerly operated by now-defunct Spanish regional Prima Air, came into service in mid-January. The second will follow in April. LAL will ...
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Boeing regains popularity in China
Boeing is beginning to enjoy a revival in the number of its passenger aircraft being ordered and leased by Chinese carriers, as political relations between Beijing and Washington continue to show signs of improvement. After a year in which Boeing recorded total sales of only three aircraft in ...
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Sabena discusses outsourcing more of its loss-making routes
Sabena is seeking to extend its policy of outsourcing loss-making routes to low-cost operators, with its Antwerp, Belgium, to London, UK, services expected to be taken over on 1 April by VLM. The Antwerp-based regional already operates four daily return flights between Antwerp and London City Airport with ...