All Networks news – Page 1174
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News
PAL creditors back rehabilitation plan
Philippine Airlines (PAL) has received its first real piece of good news since June, as some of its biggest creditors back a make-or-break rehabilitation plan. The airline, which has been in receivership since June with a debt of more than $2.2 billion, filed the new plan with Manila's government-backed Securities ...
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Israeli skies are opened up
Israel has laid down the basis for a competitive airline industry. Not only has the Government granted international passenger rights to domestic carrier Israir, it has also licensed the Tel Aviv-based air transport company, Cargo Airlines (CAL), to compete fully with El Al on international freight routes. Against ...
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US carriers brace for Atlantic fare wars
A $99 one-way introductory fare from United Airlines for its new Boston-London route has carriers on both sides of the Atlantic braced for a fares war. Analysts say the deep cuts being seen this year over the Atlantic is inevitable, given the extra capacity diverted to this market from ...
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News in brief
ProAir eyes public - Detroit-based ProAir plans to go public this year. The new entrant carrier is completing its final, $30 million, private placement and is planning an initial public offering. ProAir, which has received a fourth Boeing 737 and plans to add five this year, aims to add to ...
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THY awaits election, privatisation
THY Turkish Airlines is awaiting the country's national elections on 18 April with bated breath, as its future privatisation and relationship with Qualiflyer partner Swissair hang in the balance. The hope is that a strong coalition government will emerge with the political backing to implement a package of ...
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News in Brief
New Cambodian - A new carrier, President Airlines, has been launched in Cambodia. It operates a single Fokker F27 on four domestic routes from Phnom Penh, plus charters to Bangkok in Thailand and plans to start scheduled services to Bangkok and Singapore. Opening up - Brunei and New ...
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Mexicans divided over Cintra
Mexican ministers have failed to agree on the future of Cintra, the holding company for Aeromexico and Mexicana. Unless they find a way to resolve their differences, the issue could be decided by Mexico's President Zedillo. The immediate question is what sanctions the competition commission can impose on Cintra ...
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Routes
Southwest flies east - Southwest Airlines plans to begin services from Raleigh/Durham, North Carolina, on 6 June, in its latest move into the US East Coast market. The low-fares airline will offer daily nonstop service to five cities: Baltimore/ Washington, Chicago Midway, Nashville, Orlando and Tampa. Raleigh/ Durham-based Midway Airlines ...
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Fine extends range with Arrow addition
Fine Air's purchase of Arrow Air could make it the largest of Miami's all-cargo international airlines, and will certainly extend its reach into South America. Fine Air has been seeking growth through acquisitions for some time. Last year it completed a $120 million bond offering that insiders predicted ...
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Swissair resists Air France deal
Any remaining speculation that Swissair could be headed for an alliance with Air France has been brought to an abrupt end, with group chief executive Philippe Bruggisser taking the opportunity of the SAirGroup annual results round to kill the possibility stone dead. Speculation had rested on the alliance ...
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Zurich Airport put on notice over capacity
Two years ago, as he made his debut as SAirGroup chief executive, Philippe Bruggisser raised a local political storm by pulling back the bulk of Swissair's intercontinental flights from Geneva to the main Zürich hub. Now he has issued a blunt warning that Zürich "is in danger of losing its ...
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Brussels gears up to tackle aviation
The mass resignation of European Commissioners could hardly have been poorer timing for those in Brussels gearing up to tackle major issues in aviation. Brussels had planned to start the year running with initiatives spanning everything from alliances through to Eastern Europe and the environment. The Competition Directorate ...
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Malev restructures and hunts for partners
Hungarian flag carrier Malev is gearing up to join one of the global alliance groupings while pushing ahead with a restructuring programme. New chief Antal Pongracz is keeping its options open, but re-opening talks with British Airways, which broke off last May, will be high on his agenda. ...
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News in Brief
BA's pilot deal - BA has sealed a comprehensive agreement with pilots union BALPA, which provides pilots flying for its controversial long-haul charter arm AML and short-haul routes out of Gatwick with the same terms and conditions as BA mainline pilots. In return pilots have agreed to relax some flying ...
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SAA profits just in time
After a radical restructuring, South African Airways (SAA) has claimed it is again profitable just as the South African Government confirmed the timetable for its privatisation. The corporatisation of SAA as a separate entity will be completed by the end of March. Privatisation is on schedule for mid-June with ...
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CAL and EVA go Canadian
Taiwan is changing the face of its presence in Canada and in the process has added a second player. Now the question is whether Ottawa will do the same in Taipei. Before the latest update in the Taiwan-Canada bilateral, Mandarin Airlines, a subsidiary of China Airlines (CAL), was Taiwan's ...
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JAL slows on oneworld
Japan Airlines is in no hurry to join the oneworld alliance, despite its growing array of codeshare and reciprocal frequent flier agreements with its members British Airways, American Airlines, Cathay Pacific, Qantas and Canadian Airlines. For now, JAL says it wants to keep these only as bilateral pacts. "Membership of ...
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Routes
United extra - United Airlines is to introduce an additional daily non-stop flight from San Francisco to Hong Kong, from 10 June to 7 September. United already operates a regular daily non-stop service between the two cities and says demand for US-Hong Kong routes remains strong. China Southern ...
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Beijing talks with USA break down
Despite early optimism that a deal could be struck ahead of a high-level delegation of Chinese leaders to the USA in April, talks on a new air services agreement between Beijing and Washington broke down in February. During meetings between US and Chinese negotiators in Beijing from 24-26 February, ...