All Networks news – Page 1138
-
News
In brief
Air Canada expands in USA - Air Canada has signed a new code-share agreement with United Express carrier Atlantic Coast Airlines, effective from 31 October. The agreement will enable Air Canada to offer 11 new destinations along the Eastern seaboard via Washington Dulles and Chicago. Cuban contract for TransAer ...
-
News
Aeroflot calls in US bank for long-term debt advice
PETER BENNETT VIENNA Russia's flag carrier Aeroflot has selected Chase Manhattan Bank to help restructure its mounting debt problems and finalise plans for a possible re-entry into the world capital markets. The airline insists, however, that there is no chance of a fresh share issue to raise new cash ...
-
News
Alitalia plans strategy amid growing competition
Alitalia has announced an upbeat two-year strategic plan, but in the short term it could be in for a bumpy ride. The Italian carrier forecasts a drop in net consolidated profit from 1998's L408 billion ($223 million)to L202 billion this year, blaming declining domestic yields and a rise in ...
-
News
Iberia faces attack as shares go on sale
BARRY CROSS LONDON Iberia's initial public offering is finally going ahead on 22 November, following the resolution of a dispute between 9% shareholder British Airways and major company shareholder Caja Madrid over voting rights. A 53% stake held in the flag carrier by state holding company SEPI will be floated. ...
-
News
Forced marriages
PETER CONWAY LONDON The big three global alliances have produced few cargo synergies so far. Will they ever? Cargo departments could be forgiven for feeling a little excluded amid all the clamour surrounding global alliances. While vast amounts of management time have been focussed on cementing the right strategic relationships ...
-
News
Expanded horizons
NICHOLAS IONIDES SINGAPORE Singapore Airlines emerged relatively unscathed from Asia's economic turmoil. Now the group's executive team, led by Dr Cheong, aim to ensure that growth gets back on track, with alliances which will increase the carrier's reach around the world. The executive team at Singapore Airlines (SIA) would seem ...
-
News
Europe's majors call for liberalised transatlantic
ALAN GEORGE BRUSSELS The Association of European Airlines (AEA) has called for a renewed drive to establish a so-called Transatlantic Common Aviation Area, subject to a single regulatory framework. The AEA, the club of Europe's major carriers, makes the call in a draft policy paper scheduled for adoption at ...
-
News
Births, deaths and marriages
Sifting the sands of global alliance networks is quickly becoming an art. Over the next year to 18 months this skill will be tested to the limits as exposed "independent" carriers seek shelter in global alliances. These are interesting times for alliance watchers everywhere. Swissair's long-running Atlantic Excellence alliance ...
-
News
Free for all
KAREN WALKER WASHINGTON DC US plans for a modernised air traffic control system have undergone a sharp change in direction, making them evolutionary rather than revolutionary and putting the emphasis on government-industry collaboration. Such a programme is more likely to win Congressional support and become a reality. "Ask 10 controllers ...
-
News
Mind the capacity gap
Chris Tarry of Commerzbank unveils a new model to measure the true gap between capacity growth and underlying traffic demand. A constant theme of our analysis over the last few months has been the relationship between capacity - or more precisely excess capacity - and yields. A recent surge ...
-
News
Routes
MAS boosts partnerships Malaysia Airlines has firmed up plans with Northwest Airlines for a long-awaited codesharing agreement that will take MAS closer to the Northwest/KLM alliance. The two signed a memorandum of understanding for the tie-up last February and seek governmental approval for the strategic partnership to take effect ...
-
News
Routes
British Airways franchise operator British Regional Airlines has been cleared to take over services from Jersey in the Channel Islands to Southampton from KLM uk. Jersey European Airways and Aurigny had also been vying for the route. American Airlines and French rail company SNCF are to market jointly air-to-rail ...
-
News
Destination unknown
Replacing its current fleet could be the least complicated issue facing Canadian Regional Airlines as an airline takeover battle looms Paul Seidenman/CALGARY As Air Canada and Canadian Airlines (CAI) face up to each other in what is becoming one of the hardest-fought airline takeover battles in recent years, shock waves ...
-
News
Schreiner Group snaps up Air Holland
Dutch aviation company Schreiner Group has agreed to buy Amsterdam-based charter carrier Air Holland. The airline operates two Boeing 737-300s and four 757-200s. It is attractive because of its slot holdings at crowded Schiphol Airport, although the Schreiner deal should allow it to continue operations. Meanwhile, French regional ...
-
News
Alliance blames Congo problems for loss
Rwandan carrier Alliance Express has posted a $4 million operating loss for its first trading year, ended 31 March, with the result blamed on its failure to open routes to the Democratic Republic of Congo (DRC) because of the conflict there. The airline, formed in February last year, is ...
-
News
Kenya Airways weighs options for long-haul aircraft renewal
Jens Flottau/NAIROBI Kenya Airways is preparing to undertake a long-haul fleet-renewal programme. The carrier has issued requests for proposals to Airbus and Boeing and to leasing companies. A decision on the new long-haul fleet could be made as early as January. Although the airline's new chairman Richard Nyaga ...
-
News
Workshop
Australian regional Kendell Airlines has selected GE Engine Services to maintain and service the General Electric CF34-3Bs which power its new Canadair Regional Jet fleet. The deal is valued at around $40 million. KLM and its subsidiary, Martinair, have signed a contract with Boeing covering the exchange, overhaul and repair ...
-
News
Helios charters rise in Cyprus
Backed by Cypriot and Swiss investors, a new privately owned charter carrier serving the leisure market will start operations from Larnaca, southern Cyprus, next June. Already licensed by Cyprus, the carrier, Helios Airways, will launch services with a single 170-seat Boeing 737-400 leased from GE Capital Aviation Services. By ...
-
News
Airbus sales irk US Congressman
America West Airlines has confirmed a deal for up to 77 Airbus Industrie A320 series aircraft. The move follows a Frontier Airlines letter of intent (LoI) for another 20 jets, rekindling US political criticism of the European manufacturer's growing success in the US market at Boeing's expense. Phoenix-based America ...
-
News
Continental boss hits out at Airbus A340/ETOPS campaign
Continental Airlines chief executive Gordon Bethune has hit out at Airbus Industrie over its advertising campaign promoting the safety of four-engined aircraft versus twins on Pacific routes. In a letter to Airbus managing director Noel Forgeard, Bethune accuses Airbus of exploiting "the unfounded fears of the travelling public on ...