News from FlightGlobal – Page 2397
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Tamed by politics
Report by Tom Ballantyne It seems that every time a new Indian aviation policy ship gently eases itself into port, an election storm rears its head and dashes it onto the rocks. As India's two state-owned airlines, Air-India and Indian Airlines, prepared for the New Year after a ...
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Going Dutch on Italian job
Doug Cameron Alitalia can breathe a sigh of relief after securing KLM as a European partner, as KLMlooks forward to its network being boosted. Alitalia rejected Swissair and Air France as possible partners and signed a memorandum of understanding for a broad-based alliance with KLMon 18 December. For ...
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Red ink rains over Korea
Tom Ballantyne South Korea's airlines are scrambling to downsize and slash costs as the region staggers from the blow of Asia's worsening economic crisis. Flag carrier Korean Airlines faces more than US$900 million in foreign exchange losses after the local currency, the won, dived 40 per cent against ...
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US lusts after Latins
Karen Walker US majors are looking southwards as American Airlines receives its long-awaited go-ahead for a codeshare with the Taca group and jockeys with its competitors for other prized Latin American alliances and routes. After 18 months, and a storm of protest from other US and central American ...
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Hungary for private eyes
Peter Bennett The Hungarian privatisation agency, APV, means to privatise its flag carrier Malev by 2000 but a strategic foreign partner is not yet in sight. Malev's sell-off is set to be a complicated one with a 40 per cent state-owned stake floated in an initial public offering ...
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Eleven men to go at MEA
Lois Jones Struggling Lebanese flag carrier Middle East Airlines has named a new seven-man board of directors, after the former board was ousted amid corruption allegations. MEA's outgoing 11-man board has been replaced by one headed by Mohammed Hout, the director of real estate affairs at Banque du ...
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Mexican gulf breaks down
Karen Walker Mexico's chief regional airlines mean to work closer together with the possible aim of becoming a single operation while retaining individual names, shunning concerns about monopolistic behaviour among Mexican airlines. Mexico's major airlines, Aeromexico and Mexicana, and the regionals Aerocaribe, Aerocozumel and Aerolitoral, are affiliates of ...
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Angst up in the Andes
Peru is trying hard to attract foreign capital by opening its skies, but its policies are not uncontested and Peru's military may have plans of its own. David Knibb reports from Lima. Deregulation Peruvian-style is not for the faint of heart. Seventeen local airlines have failed in eight years and ...
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Lufthansa say in SAA?
Roger Makings Lufthansa is set to enter the fray for a stake in South African Airways' partial privatisation, due to be finalised by October this year. Lufthansa had consistently denied that it was interested in buying into SAA, saying acquisitions were 'not its style - we prefer to ...
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SIA shares its profits
Tom Ballantyne Asia's big profit-maker Singapore Airlines is to end its dual stock exchange listing by merging its local and foreign shares, providing the move doesn't impact Singapore's air service agreements. Mathew Samuel, the airline's legal and administration director, confirms that SIA is 'actively considering whether or not ...
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Cheap thrills with no frills
Lois Jones Low-cost startups are beginning to looking extremely vulnerable as more majors launch low-cost subsidiaries, ignoring the argument that the independent players should instead be left to satisfy the demand for low fares in underserved markets. By Lois Jones. To your corners, please. To the left of the ring ...
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Thai hold is loosened
Tom Ballantyne Thailand's government is moving towards domestic and international open skies this year, starting with a move to end a virtual monopoly held by flag carrier Thai Airways International on major domestic routes. Thai transport and communication minister Suthep Thueksuban has proposed a new aviation policy, allowing ...
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US hubs need to be consolidated
Karen Walker Driven as they are by the shareholder, the major US carriers will no doubt sit up and take notice of a new report from a Wall Street analyst that assesses their growth potential, and therefore investment worth, based on the relative strengths and weaknesses of their hubs. ...
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AMR Eagle merges
The four carriers which have made up AMR Eagle since 1992 are to be merged to form a single feeder carrier for the American Airlines network. Until now Simmons, Flagship, Executive and Wings West Airlines have operated as separate subsidiary companies. The new American Eagle Airlines will help to streamline ...
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Fairchild Dornier flies 328JET
Andrzej Jeziorski/MUNICH Fairchild Dornier flew its prototype 328JET for the first time on 20 January, bringing it a step closer to entering the emerging 30-seat regional-jet market. The aircraft took off at 11:16 local time from the company's Oberpfaffenhofen site near Munich, and was flown for nearly 2h over the ...
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Boeing 737-600 takes off
Guy Norris/LOS ANGELES The Boeing 737-600 had a successful 2h 28min first flight from Renton on 22 January on a day when firm orders for Next Generation aircraft climbed to 811, with the sale of 59 more to launch-customer Southwest Airlines. The -600's take-off weight was a relatively light 50,395kg, ...
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Air New Zealand leases 737s to boost Australia services
Air New Zealand (ANZ) is leasing three new Boeing 737-300s to enable it to boost capacity on services between New Zealand and Australia. The airline will increase frequencies with 26 new services weekly from Auckland, Christchurch and Wellington. Qantas is introducing 11 new flights on the trans-Tasman routes, using ...
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Blue Sky prepares for launch as PAL 737-300s are secured
Max Kingsley-Jones/LONDON British Airways has secured a fleet of eight Boeing 737-300s to launch its low-fare subsidiary at London Stansted Airport. The airline, known as Operation Blue Sky, has also applied for its operating licence. The airline, which is believed to be aiming for a launch in April, has filed ...
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Air China agrees deal to acquire 737-800s
Air China has signed a purchase agreement with Boeing for five 737-800s and taken options on another 15 as part of China Aviation Supplies' (CASC) recently announced order for 50 widebodies and narrowbodies. The five 167-seat aircraft are the first Next Generation 737s to be officially purchased by a ...
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Boeing perseveres as EVA discusses A340 order
EVA Airways has opened contractual negotiations with Airbus Industrie on ordering six A340-500s, plus six options, but has not ruled out placing orders with Boeing. It holds an unsigned letter-of-intent (LoI) for a similar number of proposed 747-200ERXs. Despite EVA having earlier signed a memorandum of understanding (MoU) with ...