All air transport news – Page 2306
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News
Bringing airlines to account
The lure of global capital markets is spurring the search for international accounting standards. To accompany the launch of the latest Bridging the GAAP reference work, author Ian Milne reports on an accountancy revolution. International accounting standards may seem an unpromising place to seek a revolution, at least one that ...
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JAL turns the corner but ANA struggles
Recovery has started sooner for Japan Airlines (JAL) than for All Nippon Airways (ANA). JAL has returned to profit, but both carriers face the twin threats of recession and domestic competition. Figures for the financial year ending 31 March will not be available until May, but the ...
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Pilot strife hits Asia
Cathay Pacific Airways and Royal Nepal Airlines have lengthened the list of Asian carriers suffering from discontented pilots. Troubled Royal Nepal suffered a serious problem in March when its pilots went on strike, grounding the carrier for 10 days. The dispute stemmed from the Kathmandu-based airline's controversial ...
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PAL suffers new rejection
The Philippine Airlines (PAL) soap opera continued in March and April, with a new episode nearly every day in the carrier's fight for survival. As of mid-April, Manila's Securities and Exchange Commission (SEC) had rejected a second rehabilitation plan filed by the airline in March, on the grounds ...
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Routes
Australian deal - Under a revised agreement, Australia and Austria are to allow unlimited cargo flights and greatly boost passenger allowances between the two countries. Austrian carriers are granted an immediate 53% increase in the number of seats sold, while airlines from both countries can add extra flights from October ...
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KAL's safety blasted on the net
Korean Air (KAL) is facing a new public relations crisis after the anonymous publication on the Internet of a damning review of its flight safety procedures and Delta Air Lines' suspension of its codeshare alliance with the carrier. The detailed assessment appeared on the Internet in March. In early ...
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Rights and wrongs
Passenger rights bills are currently winding their way through US Congress. Are passengers set for a better deal? Twenty one years after the US Government gave the airlines free rein to run their businesses as they saw fit, Congressional fingers are beginning to itch. A glance at the various ...
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All change in Taiwan
Sandy Liu, newly-confirmed president of China Airlines, is resorting to a radical approach to turn the airline around. Nicholas Ionides reports from Taipei. When Sandy Liu, president of China Airlines (CAL) has time on his hands, he picks up the company's internal telephone directory and picks a name. Liu then ...
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Growth continues
Regional airlines continue to thrive around the world, with traffic and profits climbing again last year, as the latest rankings indicate. But there are structural issues on the horizon as Kevin O'Toole, Karen Walker, Jackie Gallacher and Tom Gill report. And so regional markets continue to boom. Equipped with ...
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New Greek hopefuls line up
The spawning of domestic start-ups in the Greek market following the introduction of deregulation is increasing the pressure on troubled flag carrier Olympic Airways. The European Commission's agreement giving Olympic exclusive rights to serve the Greek islands ended last year and a group of eager start-ups ...
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News in Brief
AirTran profit - AirTran has posted a profit for the first three months of the year, reporting net income of $3.1 million compared with a net loss of $7.9 million in the first quarter of 1998. Boeing reshape - Boeing has restructured its finance organisation in a ...
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Pilots hamper TAP privatisation
SAirGroup has agreed to take a stake in Tap Air Portugal, but a dispute over pilots' pay may jeopardise the Portuguese carrier's fragile profitability and remaining privatisation plans. As expected, Swissair's parent is to cement its relationship with the Portuguese flag carrier by taking a 20% stake, pending ...
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Alitalia defends Italy
Alitalia is considering setting up a southern Italian regional operation which observers believe may be a defensive action against similar plans by British Airways. Alitalia is carrying out a feasibility study, to be completed in June, into setting up a regional operation connecting southern Italy with other destinations ...
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News in Brief
Slot exchange - A UK high court has ruled that the former Air UK, now KLM uk, did not illegally sell its Guernsey slots at London Heathrow to British Airways. According to the presiding judge in the case brought by Guernsey, the fact that the exchange was unequal - Air ...
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Time to talk about the scope clause
Union limits on the scale and scope of regional flying are due to be brought out into the open as US regional carriers prepare to meet in Phoenix. How times have changed. In the not too distant past, regional airlines were the minnows of the aviation world, flying on "hometown" ...
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Link to the future
Europe's air traffic control datalink work is forging on Kieran Daly/COPENHAGEN and STOCKHOLM Processing in loose line astern up the east Swedish coast through the broken cloud of a winter Sunday morning, our four-strong formation is something of an oddity: a light twin turboprop flat out at 240kt (440km/h), tailed ...
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Long wait
Hungary is struggling to perk up its air force in the face of a hostile economic climate Rene VanWoezik/BUDAPEST Poor economic conditions have forced Hungary's politicians to repeatedly delay the tough long term decisions necessary to revive the country's air force. The flying units form one of two ...
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Air China joins prospective A318 launchers
Air China has signed a tentative agreement with Airbus Industrie and Pratt & Whitney to order eight PW6000-powered A318 twinjets as a trade-in for four Boeing 747SPs. A second potential launch customer, Air France, has asked CFM International to offer the CFM56-5A as an alternative powerplant (Flight International, 21-27 ...
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Shorts boss takes on NATS privatisation task
Sir Roy McNulty, chairman of aerospace manufacturer Short Brothers, has been appointed by the UK Government to steer the country's state-owned National Air Traffic Services (NATS) through its impending partial privatisation. McNulty becomes chairman of NATS on 1 May on a contract running for two-and-a-half years and has been ...
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New York's New Air aims for new year start with Airbuses
Ramon Lopez/WASHINGTON DC New Air, which plans to launch low-fare services from New York Kennedy International in January, has ordered 25 Airbus Industrie A320 family aircraft worth an estimated $1 billion. The new US entrant also holds 25 options and 25 purchase rights on A320 family aircraft, with ...