News from FlightGlobal – Page 1686
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News
Jagson schedules arrival at India party
India’s booming airline market looks set to continue its phenomenal growth in 2006, with yet more carriers planning to launch operations and even more aircraft orders being placed.
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Carriers renew fleets
More than a decade after studies began, state-owned Air India and Indian Airlines have finally ordered a wealth of new Airbus and Boeing types to help them renew and expand their ageing fleets.
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BA sets deadline for regional revival
Willie Walsh, the chief executive of British Airways, will close the airline’s loss-making regional division if it has not returned to profitability by the end of the 2007-8 financial year.
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Pacific islands struggle on
Three Pacific island nations are finding it tough to maintain links with the outside world following cutbacks in air service.
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Delay fears mount as traffic soars
Europe’s air traffic management organisation Eurocontrol says that air traffic grew to a record 9.2 million flights in 2005, but airline bodies are nervous as delay levels creep up.
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Airlines lose passenger rights case
The European Court of Justice (ECJ) has thrown out a challenge brought by IATA and Europe’s low-cost airlines against new rules covering passenger rights in cases of denied boarding, cancellations and delays.
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Lufthansa extends empire
German flag carrier Lufthansa is to take over control of Eurowings and its low-cost subsidiary germanwings after winning approval for the deal from the European competition authorities.
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Northwest cranks up labour tensions
A proposal by Northwest Airlines to set up an internal small-jet subsidiary as it reorganises in bankruptcy has provoked strike threats by its pilots union, a warning observers are taking seriously.
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US blow for SkyTeam
The SkyTeam alliance was dealt a significant regulatory setback with a US denial of antitrust immunity sought by its European core members and two of its three US flag carriers partners.
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More of the same
The latest research from Airline Business shows that carriers have been tackling their cost bases vigorously over the past few brutal years with measurable success. However, as traffic and revenues rise, the challenge will be to sustain this progress and change the industry’s fundamentals for ever
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Full recovery
Leasing companies are enjoying some of the best market conditions they have ever known, and are ordering aircraft heavily once again
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Finance and Leasing markets
The leasing market stormed back to its peak in 2005, encouraging lessors to begin ordering aircraft heavily once again. Investors are also viewing airlines more favourably. Our annual leasing survey, compiled by sister fleet data service AvSoft, features details of the Top 50 leasing companies and our rankings.