All air transport news – Page 2236
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Top 50 Airports first half Jan-Jun 1998
Rank City Airport Country Code Pax Jan-Jun Freight Jan-Jun Mvmts Jan-Jun Full year ‘97 ‘98 ‘97 Million Change 000t Change 000 Change Pass m rank ...
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Airport financial results 1997/8
Airport company/authority Country Main city/airport Revenue $ Million Net result $ million Year end 1997/8 change 1997/8 1996/7 BAA UK London Heathrow/Gatwick 2818.4 22.3% 624.0 469.1 ...
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Transbrasil reshapes
Transbrasil, which admitted earlier this year that it was the Brazilian carrier most vulnerable to the effects of the country's partial deregulation, has announced a series of changes aimed at regaining the local market share it has lost over the last three years. Founded by Omar Fontana 40 years ...
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ROUTES
Indian inauguration - Air Madagascar has begun a weekly Boeing 767 service between Antananarivo and Singapore. Emirates share Emirates has increased its codeshare flights between Dubai and Melbourne to daily frequency. Emirates has also signed a codeshare deal with British Airways for flights between the UK and the UAE. ...
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Seoul cuts Korean flights
South Korea's transport ministry has spanked Korean Airlines (KAL) with a cutback of 20% in domestic flights. For the next six months, KAL cannot operate 138 weekly flights on 10 of its best domestic routes and must suspend two of its 28 weekly flights to Tokyo. The carrier stands to ...
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Royal Air Maroc gets back on track with record
Royal Air Maroc has staged a dramatic turnaround, underlined this year by what promises to be a record haul of profits and some ambitious expansion plans. Official figures have yet to be published for the Moroccan flag carrier's latest 1997/8 financial year to October, but it is confident that ...
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Russian rates hit North Korea income
"Open your skies and they will come." That was the message North Korea heard when it agreed with the International Civil Aviation Organisation to allow commercial flights through its heavily guarded airspace. Yet, since that agreement took effect in April, use of North Korean airspace has been below projections. ...
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SAA dumps sale guidelines
Widely accepted guidelines for the privatisation of South African Airways (SAA) have been turned on their head by chief executive Coleman Andrews. The South African Government had said that it would sell off 49% of SAA, with 30-35% going to a single foreign partner and the balance finding its ...
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Latin Americans braced for crisis
The financial crisis which rolled out of Asia's once rapidly growing economies and enveloped Russia and the countries of the former Soviet Union, is now hovering over the Latin American region just when its growth had reached record levels. The political and economic restoration of South America - after the ...
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Preparing for downturn
Any analysts keen to spot signs of an end to the boom, will have found much to whet the appetite as the major US airlines posted their third quarter financials. Even before the results were fully out, nervous equity markets had begun to downgrade earnings estimates for next year. It ...
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FLEETS
Lufthansa largest - Launch customer Lufthansa has ordered 10 more Airbus A340-300s and six A321s. This brings its Airbus orders to 164, including 41 A340s, making it the largest airline customer for the aircraft. Debonair delivers - Low-fare carrier Debonair is adding three more British Aerospace 146-200s, taking its ...
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Cretans welcome Dutch move
Dutch scheduled and charter airline Transavia has become the first non-Greek airline to operate a domestic schedule in Greece, following a change in the rules by the Greek aviation authorities in line with European Union (EU) rules. Transavia, which has built up a strong following in Greece over many ...
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BA and American agree 10% Iberia stake
While the alliance across the Atlantic appears to have been scaled back, British Airways and American Airlines are moving ahead with their European and Latin American links. BA and American are taking a 10% stake in Iberia, according to Spanish state industrial holding company SEPI, with BA taking at ...
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Moscow tussle continues
Virgin Atlantic and British Midland are still fighting it out over Moscow route rights. The two rivals are taking their cases for a new London Heathrow to Moscow route back to the UK's Civil Aviation Authority after John Prescott, the UK Secretary of State for Transport, ruled that it had ...
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FAA team builder
The sceptics were out when Jane Garvey became the FAA's first female, non-pilot Administrator. But her management technique is beginning to change minds. Only 18 months after taking the helm at the Federal Aviation Administration, Jane Garvey has already served as long as the entire terms of some of ...
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Pockets of growth
It should come as no surprise that in the USA, much of what can or cannot be done about capacity growth will boil down to politics. In keeping with all of American life, politics weaves its way through all of the major issues: not least the struggle to raise ...
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Not there yet
Canadian Airlines is falling behind on its recovery plan and still faces a host of serious challenges. Canadian Airlines finally made a profit last year. A tiny net result of only C$5.4 million ($3.5 million)may have looked like a molehill amid the Rocky Mountains that crowd Alberta's western sky. Yet ...
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BA/American put alliance brakes on
Faced with declining yields across the North Atlantic, British Airways and American Airlines have confirmed plans to postpone a full alliance for up to five years. But their revised plans for limited codesharing have failed to dispel US opposition. BA now plans to codeshare with American in the US ...
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Continental seeks justice
The US Department of Justice's (DOJ) decision to mount a legal challenge to the proposed purchase of a 14% stake in Continental Airlines by Northwest Airlines throws a question mark over the future shape of the alliance. Continental Airlines insists it will pursue the pact and that the two airlines ...