All air transport news – Page 2129
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News
In Brief - Asia-Pacific
Cathay orders Cathay Pacific Airways has ordered three more Airbus A330-300s to help cope with current and forecast rates of passenger traffic growth. The Rolls-Royce Trent 700-powered aircraft are to be delivered early next year. JAL sells DHL stake Japan Airlines (JAL) has sold most of its ...
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Taiwan bars all flights as Philippines talks collapse
DAVE KNIBB SEATTLE Talks between the Philippines and Taiwan to resolve the dispute over air services between the countries collapsed in December just as a solution looked close. As a result, Taiwan barred charter flights by three of its carriers to the Philippines and no new talks are planned. The ...
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Lending a hand
JACK SELLSBY LONDON Fuelled by intense competition, financing from Airbus and Boeing, backed by the export credit agencies, is running at record levels. Europe and the USA have been squabbling for years over the support given to their rival civil aerospace champions Airbus and Boeing. With the manufacturers now neck-and-neck ...
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Prince of Airlines
ALAN PEAFORD DUBAI Emirates chairman, Sheikh Ahmed bin Saeed Al Maktoum, has overseen his carrier's rise to fame and fortune over the past 15 years. Sheikh Ahmed bin Saeed Al Maktoum looks every millimetre the Arabian prince that he is. A member of the ruling family of Dubai, the vibrant ...
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Cargo on-line
PETER CONWAY LONDON A new system aims to bring air cargo into the Internet age. But is the model right for the market? For the past year, former McKinsey consultant Todd Morgan, together with his colleague Doug Ash, ex-managing director of global freight forwarder MSAS, have been touring airline and ...
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Ahead of the game
PETER MORRELL & CHERIE H-Y LU CRANFIELD UNIVERSITY The 1990s have seen substantial improvements in productivity and costs in the airline industry, even if the gains have not been uniform. When Cranfield University last probed the productivity and efficiency of the industry five years ago, the emphasis was on lean ...
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Routes - Asia-Pacific
China Southern heads for USA China Southern Airlines is preparing to launch its first dedicated cargo services using a wet-leased Boeing 747-200 freighter between the southern Chinese city of Shenzhen and the US city of Chicago. The three times-weekly service is due to begin in March. The aircraft is ...
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CAL parent misses sale deadline
NICK IONIDES SINGAPORE The parent of China Airlines (CAL) has missed an end-of-1999 deadline for the sale of at least half of its 71% stake in the Taiwanese carrier. Although the company claims the sale deadline has only slipped, sceptics are again doubting its resolve to give up control. ...
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Canadian hopefuls flex their muscles
DAVID KNIBB SEATTLE Two start-ups and two incumbents are moving to fill the vacuum expected to result from Air Canada's takeover and makeover of Canadian Airlines. While none aspire to become a new Air Canada or Canadian, they foresee profitable low-cost, low-fares niches. Regional Airlines Holdings, led by ...
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Mexico orders TAESA to raise new capital
DAVID KNIBB SEATTLE Officials have told Mexico's third largest airline to improve its financial viability by raising $130 million in new capital within the next 90 days. Taesa is putting a positive spin on the conclusions of a government audit by using them to entice investors. The investment order ...
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KLM uk sets off for low-cost growth
COLIN BAKER LONDON KLM uk has joined the low-fare club as its new buzz brand took to the air in January. It backs predictions that low-cost traffic will triple in the next four years. Floris van Pallandt, KLM uk's chief executive, dismisses suggestions that the London Stansted-based carrier has been ...
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Airbus finally takes a lead
Airbus has taken the lead in its long-running annual order battle with Boeing and is drawing level on backlog, but there is still all to play for as the two manufacturers head into 2000. The battle has been fought out for the best part of three decades, but as ...
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Routes - Europe
Southampton to Frankfurt British Airways franchise British Regional Airlines has introduced a daily service between Southampton and Frankfurt in a bid to attract business travellers looking for an alternative to the main London airports. Air France has doubled its capacity from Southampton to Paris Charles de Gaulle, meanwhile, with ...
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Iberian carriers strike alliance deals
BARRY CROSS LONDON Portugal's TAP and Portugália have signed a memorandum of understanding to re-establish co-operation, while Spain's Air Europa is linking with "Wings" . The TAP-Portugália deal, announced in December, revives commercial relations which had been broken off by Portuguese flag carrier TAP 12 months previously. During the summer, ...
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Italy's Gandalf emerges as contender
Gandalf Airlines made Italian aviation history on 23 December when it become only the second carrier in the country, after Alitalia, to undertake a successful initial public offering. The company, which was established by a group of venture capitalists in April 1998, started operations in April 1999. Despite the ...
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In Brief - Americas
Hawaii gains bilateral rights Washington is inviting foreign airlines to serve Hawaii outside existing bilaterals. Airlines from any country except the UK may now fly to Honolulu and Kona, and from there to the US mainland. Washington hopes these new rights will help boost Hawaii's economy. United e-commerce ...
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Sun Air recovery hopes hit by SAA deal with Safair
ROGER MAKINGS JOHANNESBURG The saga over the liquidation of South African domestic carrier Sun Air has taken a further twist. Liquidators claim to have unearthed a deal between South African Airways (SAA) and leasing company Safair which effectively kills any chance of revival for the defunct carrier. SAA's bid ...
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Slow change
NICHOLAS IONIDES TOKYO The final changes in Japan's painstakingly slow aviation deregulation, from April, will at last pave the way for more new start-ups For a country that so often leads the world in technological innovation, it is ironic that change in other areas can be painfully slow in ...
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Regional rumba
BRIAN HOMEWOOD RIO DE JANERIO South America's regional scene is shifting rapidly; regional jets, economic upheavals, loosening of government restrictions and the scramble to secure partnerships with major carriers are all having an impact. The idea of travelling on a regional airline in South America usually evokes thoughts of ...
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Finding a new deal
Airline Business looks at the state of finance markets as carriers continue to find innovative ways to keep aircraft liabilities off the balance sheet. A new survey also covers the world's major operating lease companies, including a ranking of the Top 40 groups by fleet value. JACK SELLSBY ...