News from FlightGlobal – Page 2622
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Airline news
All Nippon Airways will begin routes from Osaka/Kansai to Shanghai, Bangkok and Kuala Lumpur in mid-July. The routes are subject to approval by Japan's Ministry of Transport. Philippine Airlines has begun a three time a week service from Manila to San Francisco using B747-400s. SilkAir and ...
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Financial results
Air Canada cut its operating loss from C$12m to C$7m. Passengers and yields both rose 6%. There were C$40m of non-operating gains in 1994. Operating income trebled to US$162.2m, moving ANA into the black. Boosted by the Kobe earthquake and the strong yen, traffic rose 6.1%. ...
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Crisis looms in Thailand
Thailand faces the renewed prospect of its airline industry falling prey to political vested interests in the wake of the dissolution of the Thai government on 19 May and the elections set for 2 July. The dissolution has meant the departure of both the transport and finance ministers, ...
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SAA boosted by Lufthansa
The cooperation agreement between South African Airways and Lufthansa is a major boost for the African carrier, while the pact nearly completes the German flag's global net of alliances. SAA has sought a European partner for more than two years and senior general manager John Hare says few ...
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Taiwan takes direct route
Conceding the inevitable, Taiwan has taken the first fateful steps that could lead to direct air links to China within two years. But Beijing's willingness to facilitate such flights will depend on whether CAAC pragmatists prevail over policy ideologues who hope to capitalise on Taipei's recognition that direct links are ...
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Sino thaw is set to grip
Chinese aviation appears to be experiencing a thaw as two recent events show that both outsiders and the CAAC have growing confidence in China's airlines. China's transition from bank-guaranteed to asset-based financing received a boost with the recent decision of an operating lessor to commit aircraft to a ...
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KLM cagey over Garuda
Indonesia and the Philippines are heading in opposite directions on state ownership of flag carriers, but neither is making progress. Jakarta cannot find a buyer for Garuda Indonesia and Manila is still waiting for a ruling as to whether it can reassert control over Philippine Airlines. On-again off-again ...
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Japan urges Asian forum
Japanese officials in Asia-Pacific have completed a diplomatic offensive to win support for a major regional aviation forum that Japan hopes will lead to tighter government cooperation on air transport policies. The initiative is emerging as the first serious attempt to bring together high level government officials capable ...
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Phone-in plan riles agents
Japan's travel agents are up in arms over a new ticketing drive by the country's major airlines which allows domestic travellers to bypass agents by ordering airline tickets directly over the telephone and paying by credit card. Initiated by the country's biggest carrier All Nippon Airways in April, ...
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American's fire met with blanks
Frank Salizzoni, president of USAir, says he has known Robert Crandall a long time. He believes that the chief executive of AMR Corp can be a genuinely nice person. That is, 'if you agree with him'. In a bid to find a whole region of the world to agree with ...
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Qantas all set to float
With its long awaited A$2 billion (US$1.4 billion) public flotation now in sight, Qantas has taken steps to reassure prospective local investors that privatisation is not a step on the way to integration with 25 per cent stockholder British Airways, and that the company remains committed to European markets. ...
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Ansett carry on regardless
Ignoring recent losses and the imminent purchase of 50 per cent of its stock by Air New Zealand, Ansett Australia has decided to push ahead with plans to expand its embryonic international operations in Asia. Managing director Graeme McMahon says a third Boeing 747-300 will be leased for ...
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Capital plans out of Africa
Two African airlines are moving closer to privatisation, as Kenya Airways seeks an airline investor and Air Tanzania awaits the government's plan for its intended sell-off. International Finance Corporation, the World Bank body advising the Kenyan government, has written to all Iata members requesting expressions of interest in ...
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New wave hits Mexico
The reversal in Mexican economic fortunes, dragged down by the slump of the peso, is at least restoring some equilibrium in the airline industry. But the economic crisis could yet precipitate a reversal in policy, with the government pushing to re-regulate pricing and infusing both Aeromexico and Mexicana with new ...
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Latin sales close to end
The opening of the bidding for Bolivia's LAB and what remains of Ecuatoriana should bring to a close the troubled airline privatisation process in Latin America. Consolidation could be the emerging trend, as evidenced by events in Chile and Peru. Advisers for both LAB and Ecuatoriana are placing ...
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Ghosts, phantoms and funnel flights
Some airlines are manipulating schedules to get improved marketing visibility.When is a new route not a new route? Answer: When it's a codeshare, funnel flight, ghost flight, change of gauge, or yet another figment of a marketing executive's fertile imagination. The intention behind the survey of new route developments in ...
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Merger plan draws blank
Yet again political expediency is muddying the debate over Air Inter's future, as its merger with Air France Europe looks set to be sidelined to minimise social unrest. Christian Blanc, who took over the chair of Air Inter when Michel Bernard unexpectedly resigned in mid-May, has proposed an ...
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US-UK slow movement
Although the early June US-UK 'interim' agreement found favour with United Airlines and British Airways, the US Department of Transportation now faces considerable pressure from rivals American Airlines, Continental Airlines and TWA to broaden Heathrow rights in the next round of negotiations. However there has at least been ...
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TWA are set to file anew
A second trip into bankruptcy protection appears inevitable for Trans World Airlines. For months, carrier executives have been trying to corral creditors into supporting an ever changing plan that would see the airline enter bankruptcy with a pre-packaged debt restructuring for the second time in three years. This ...
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USAir boost: BA doubts
The winding down of Continental Lite has helped USAir increase yields and bounce back into profitability, and the airline now has agreements with three out of its four unions. However, the proposed employee board representation has thrown up a potential conflict with partner British Airways. Investors in USAir, ...