News from FlightGlobal – Page 2303
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News
Swissair/Delta could win SAA deal
Lufthansa, long considered the front runner in the race for a 30% stake in South African Airways (SAA), now appears to be facing a determined combined challenge from Swissair/Delta Air Lines. The German carrier launched an aggressive public relations exercise weeks ago announcing that, if successful, it would ...
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New addition for Embraer
Despite repeated earlier statements that the 70- and 90-seater markets seemed overcrowded, Embraer says it now plans to enter the fray after "considerable pressure" from customers to extend its regional jet family. But some still remain doubtful about the size of the market. Just days after the Brazilian manufacturer's ...
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Foreign ownership debate heats up
The debate in the USA over foreign ownership and control of airlines has come under a spotlight early in 1999 with airline and government officials discussing how a relaxation of the rules may occur. US Secretary of Transportation Rodney Slater stirred the controversy last year when he said the ...
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Gloves off for Orlando charters
A small airport that has managed to steal a large chunk of the foreign charter business from Orlando International Airport (OIA), including the largest tour operator Air Tours, has forced its larger competitor to lower landing fees and include more passenger-friendly facilities in a $2 billion expansion programme. ...
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Europe's BIG 3
Lufthansa, Air France and Swissair have built their repair and overhaul facilities into some of the most competitive in the world, but profit margins remain slim. Europe cannot claim to be a world leader in many sectors, but when it comes to commercial aircraft and engine maintenance, it is ...
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News in Brief
Singapore signs - Singapore Airlines has signed the contract for up to 10 ultra-long-range Airbus A340-500s, confirming an earlier commitment. Deliveries will be completed by the middle of 2003. Transaer PIA contract - Irish charter airline Transaer has signed a five-year contract with Pakistan International (PIA) under which it ...
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Beijing tightens its belt
The Civil Aviation Administration of China (CAAC) may have escaped Beijing's directive that requires other agencies to divest their interests in the industries that they regulate, but aviation is not entirely unscathed by the latest belt tightening aimed at boosting China's weak economy and currency. Heading the list ...
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Sir Harry cites bad health as he resigns from Air Afrique
Sir Harry Tirvengadum has resigned as chairman of Cote d'Ivoire-based Air Afrique, citing health reasons, but amid claims that political pressure was brought to bear. Tirvengadum asked to be released from his contract as chairman of the troubled multinational carrier on 29 January, after just two years in ...
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Back to the future for Olympic
The encouraging noises that emanated from the management of Olympic Airways little more than 10 weeks ago have again faded as the the Greek carrier lost another managing director. The official line is that Theodore Tsakiridis resigned, but the speed of his departure bore the hallmarks of the political manoeuvring ...
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News in Brief
EasyJet seeks listing - UK low-cost carrier easyJet has announced that it intends to seek a listing on the London stock exchange and the US Nasdaq market early next year, to finance the purchase of the new aircraft it has on order. A spokesman also said that easyJet would drop ...
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Iberia joins oneworld alliance
Iberia is finally cleared to join the oneworld alliance, having tied up agreement with American Airlines and British Airways on their acquisition of small minority stakes in the Spanish flag-carrier. Iberia also now appears to be on course to finish off the year with its long-awaited privatisation. Iberia's ...
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Routes
Japanese codes - Cathay Pacific Airways and Japan Airlines (JAL) are to start codesharing on Hong Kong-Osaka services on 28 March. JAL will also halt its Boeing 767-operated Nagoya-Hong Kong service on 1 April, when it starts codesharing on Cathay's daily service. Meanwhile, All Nippon Airways (ANA) and United Airlines ...
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Japan's majors face loss of slots
Low-cost start-up carriers appear to be having more of an impact on Japan's "big three" than expected and new rules are on the way that could erode their dominance on busy domestic routes. The "big three" - All Nippon Airways, Japan Airlines and Japan Air System - are ...
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Guyana sets sell-off date
The government of Guyana is hoping to have handed over control of Guyana Airways Corporation (GAC) by the end of April. The government's privatisation unit says it had set a deadline of 16 February for would-be purchasers to submit proposals and then it was hoping to complete the sale within ...
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Brazilian carriers fight cash crisis
Brazil's major airlines, which are still suffering the consequences of a fares war last year, are now facing an economic crisis. Latin America's largest economy is in turmoil after the Real, the currency introduced in mid-1994 as part of a plan which successfully halted inflation, collapsed in ...
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American plans Aeroperu bid
In a move that could transform the alliance landscape in Latin America, American Airlines is studying whether to take control of AeroPeru. American is exploiting the vacuum created when Delta and Cintra, the holding company for Aeromexico and Mexicana, refused to inject more cash into unprofitable Aeroperu. Delta ...
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Double Standards
Airlines face a growing array of different and often divergent competition rules, as recent transatlantic cases have shown. David Knibb, a former antitrust lawyer, examines the issues. Antitrust authorities are positioning themselves as the new policeman of the world marketplace. And as they do so, they begin to replace the ...
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Ansett greets Star with fleet upgrade
Ansett Australia is upgrading its fleet to include Boeing 747-400s as it prepares for its entry on 28 March into the Star Alliance. In a surprise move, Australia's second carrier says it will lease two 747-400s for five years from new partner Singapore Airlines (SIA), when leases on two ...
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Low cost: improving the odds
Low-cost entrant airlines in the USA are attracting a lot of government and political support because of their poor success rate. But some industry experts argue there is more that start-ups could do for themselves to better their chances of survival. What do restaurants and airlines have in common? ...
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Low cost or bust
Europe's low-cost experiment is in full flow, but are there casualties waiting? Ever since the low-cost formula began to take root in Europe a couple of years ago, industry observers have been waiting keenly for the first start-up to fail. Even the low-cost pioneers themselves have expressed surprise that ...