News from FlightGlobal – Page 2523
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Fans support spreads
The benefits of the Future Air Navigation System have been slow in coming, but now they are tantalisingly close to being realised and more countries are rallying to the cause.
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Asia's liberal minority
Aeropolitics The US is making headway with its open skies philosophy in Europe but the Asia-Pacific market is proving a tougher nut to crack. Tom Ballantyne looks at the differing regional attitudes to liberalisation with the outside world and then assesses progress on open skies locally. To Asia-Pacific's growth-hungry ...
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Starting over
The second wave of US new entrant airlines is proving more resilient than the first and some venture capitalists are now looking at Europe. Russell Winter offers a formula to make sure aspiring low-cost startups, especially in Europe, find financial backers with deep pockets.Many industry specialists continue to believe that ...
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Off to a head start
After a long wait, deregulation in Europe has spawned a growing number of startup carriers which are now providing a serious challenge to the majors. Lois Jones reports Until now, startup carriers have tended to provoke no more than a bemused glance from Europe's old timers. But the ...
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Profits return
It's been a long haul, but at last the airline industry can rejoice. Last year, the 100 largest airlines made a collective net profit of $5.7 billion, the first positive bottom line since 1989. And the industry's operating profit reached the record level of $15.5 billion, half as much again ...
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Financial data
Air Canada's operating profit fell from US$33m to US$27m as domestic yields fell, but the sale of Continental Airlines shares netted C$129 million. America West's record quarterly earnings came as traffic grew 13.8%, load factors rose 3.3 points, yields jumped 4.1%, and unit costs fell 7.5%. ...
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ANA allies by mix 'n' match
The codeshare service started by All Nippon Airways and Air Canada in August on Osaka-Vancouver marks the growing emphasis the Japanese carrier is putting on expanding its network through alliances. The days when Japan's Ministry of Transport discouraged its carriers from forming such pacts are clearly over, and ...
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United goes soft on fifths
A softening of United Airlines' opposition to limiting fifth freedom traffic beyond Japan could yet signal a breakthrough in the acrimonious dispute that has stalled passenger talks with the US. The signal came in unprepared remarks by United's chief executive Gerald Greenwald, on which the carrier has declined ...
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Air Afrique states case
We have been deeply upset by the article 'Eleven oust Afrique boss' (Airline Business, June) commenting on Yves Roland-Billecart's departure from Air Afrique. Roland-Billecart's decision to resign was a consequence of the resolution from the Ministers of Transport of Air Afrique's owner states to separate the functions of chairman ...
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Russia gets Euro boost
The European Commission is inviting consultants to tender for three studies to assess the commercialisation and upgrading of Russia's airports, which could lead to privatisation of the sector. The Commission will select the winner for each of the year-long studies in September. The studies are part of a ...
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All together in the Middle East
The collapse in yields to the Indian subcontinent and the Philippines has pushed carriers in the Middle East into a fares pact aimed at stemming the decline. Gulf Air, Emirates and Kuwait Airways agreed at a meeting in Kuwait in June to raise market fares on sectors to ...
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TWA resists Pan Am rerun
After years of proving detractors wrong and just as the carrier was showing signs of recovery, TWA is once again fighting to prove that it can survive, following the crash of Flight 800 off New York's Long Island on 17 July. In the three weeks that followed the ...
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Dual policy is under fire
Less than two years after its launch, Canada's restrictive policy for dual designation of Canadian carriers on international routes is under serious attack. Air Canada and a coalition of charter carriers have intensified their campaign for a more open designation system, leading some officials to predict that the policy could ...
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No Easy ride in the World
The European Commission may need to act sharply to toughen up competition law enforcement, as newcomers EasyJet, World Airlines and VLM file complaints against incumbents' alleged anti-competitive behaviour. World Airlines says KLM affiliate Air UK is guilty of predatory behaviour on London-Amsterdam, while EasyJet accuses KLM itself of ...
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Aria on verge of merger?
Speculation is mounting in Moscow that state-controlled Aeroflot Russian International Airlines (Aria) and private operator Transaero are close to a merger. Rumours were fuelled in early July when the rival carriers signed a cooperation deal, which envisages codesharing and joint fleet planning. One aviation source in ...
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Iberia's boss
The new Spanish government has appointed US-born Xabier de Irala Estevez, a former vice president of General Electric in France, as chairman of Iberia. Source: Airline Business
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Where angels fear to tread
An unprecedented restructuring plan has put Avensa back in the black amid economic chaos, but has also attracted fierce criticism. Flag carrier Viasa has lost out to its rival in both the domestic and US markets and as it struggles to fight back, new entrants are appearing on the scene. ...
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Thai tight rope
The embattled president of Thai's flag carrier is hoping that he can avoid further sniping and get on with a much-needed revamp of the airline. Imtiaz Muqbil reports from Bangkok. Thamnoon Wanglee might want to consider a career in the circus, if he wasn't already performing a high-wire act as ...
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ValuJet's long shadow
US The crash of ValuJet Flight 592 in May has had more impact on the US airline industry than any other commercial aviation tragedy. Mead Jennings explores the longer-term repercussions of the ValuJet affair. The repercussions of the crash of a 27-year-old ValuJet Airlines DC-9 in Florida's Everglades, which killed ...
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Washington now Virgin territory?
As Virgin Atlantic makes its presence felt in the US-UK open skies negotiations, Washington's commonly held wisdom that British Airways holds nearly complete sway over the UK's international aviation policy is being put to the test. BA, which wants an open skies pact so it can seek antitrust ...