All Networks news – Page 1271
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News
Low-cost Air South files for Chapter 11 bankruptcy protection
Air South has become the latest of the low-fare US start-ups to run into trouble, filing for Chapter 11 bankruptcy protection at the end of August, just days after its third anniversary. The carrier was forced to suspend operations and ground its leased fleet of seven Boeing 737-200s, ...
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Air New Zealand looks to alliances to boost profits
Paul Phelan/CAIRNSKevin O'Toole/LONDON Air New Zealand (ANZ)is looking for benefits from its alliance strategy, including closer ties with newly acquired Ansett Australia, to help lift profits this year after posting a major slump in its results for 1996/7. Over the next year, the airline plans to ...
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Taiwanese tourists boost CAL
Kevin O'Toole/LONDON A return in confidence among Taiwanese travellers has lifted profits at China Airlines (CAL)over the first half of 1997, and the airline expects better to come during the rest of the year, which includes Taiwan's peak holiday season. CAL posted pre-tax profits of nearly ...
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Eastern rising
EVA Airways of Taiwan has achieved formidable progress in six years Brent Hannon/TAIPEI EVA Airways, launched with little fanfare in mid-1991, today boasts a fleet of 30, a route network which extends to London, New York and Panama City, and a balance sheet which shows ...
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Jetcruzer 500P first flight is completed
Advanced Aerodynamics & Structures' (AASI) Jetcruzer 500P business turboprop had its maiden fight on 22 August. The 500P, which is an upgraded, higher-speed version of the Jetcruzer 450, had a 45min flight from the US manufacturer's base at Long Beach, California. AASI plans to synchronise amended US Federal ...
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BA aims to fly Qantas 747-400s in stopover periods
British Airways is seeking clearance from the UK Civil Aviation Authority to allow its pilots and cabin crews to operate Qantas Boeing 747-400s on routes from London Heathrow Airport for an unlimited period. An application to the CAA from BA says that the approval is "-initially to facilitate ...
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Azerbaijani airlines look West to help expansion
Andrew Chuter/BAKU Azerbaijan's two largest airlines are looking to acquire Western aircraft so that they can expand their international and regional routes. The buying plans of Azerbaijan Airlines (Azal), and its privately owned rival Imair, are aimed at taking advantage of the influx of foreign investment, primarily to ...
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American/BA fight goes to next stage
The European Commission's (EC) competition directorate has said that it expects American Airlines and British Airways to reply to its preliminary proposals on the planned strategic alliance between the two by early to mid-September. Competition commissioner Karel Van Miert outlined the next move in the lengthy process of ...
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Dasa's Airbus conversion orderbook expands
Daimler-Benz Aerospace (Dasa) Airbus will subcontract six Airbus A300B4 cargo conversions to its French partner Sogerma in 1998, as its orderbook swells and it seeks additional conversion capacity. The company expects its A300B4 conversion to be certificated by mid-September. It has recently taken orders and commitments for a ...
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SAS postpones decision on replacements for 767 fleet
The decision by SAS on a possible replacement for its long-haul fleet of 14 Boeing 767s is now not expected until 1998. A final decision could run into 1999 as the airline looks hard at the cost justification for the investment. The Scandinavian airline expects to take 15-20 ...
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US Airways seeks to fly back to Gatwick
Fearing a long delay in winning a Philadelphia-London Heathrow route, US Airways has asked the US Transportation Department for immediate approval to serve the transatlantic market via London Gatwick. The US carrier previously served Gatwick from Charlotte North Carolina, Pittsburgh and Philadelphia, but gave up the routes to ...
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Prospect of sell-off looms for Air Niugini
Papua New Guinea's incoming finance minister Roy Yaki has confirmed that the Government is "seriously looking" at privatising Air Niugini, which he describes as being in "a dire financial situation", and surviving on "daily cash takings". He also confirms reports that the previous PNG Government had "-received a ...
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SASCommuter confirms selection of 15 Dash-8 400s
SASCOMMUTER confirms that it plans to sign a $350 million deal for 15 Bombardier de Havilland Dash 8-400 turboprops, plus 18 options, representing the largest single order to date for the Canadian manufacturer's new high-speed 70-seat aircraft. The Dash 8-400 selection will fill a gap between the mainline ...
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More codes
Canadian and American Airlines will extend their codeshare agreement to UK and Central American routes from 1 November. Canadian's codes will appear on American's services from Chicago to Birmingham and Manchester and on its flights from Los Angeles to Guadalajara, Guatemala City, San Salvador, and San Jose. ...
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Mexican mix
Swissair was due to start a daily codeshare service with Aéromexico on 12 August to Mexico City. The flight will operate from Zürich and Geneva via New York, and via Atlanta from the winter season. Source: Airline Business
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Marginal gains
Given the usual distortions caused by special items, from restructuring costs to investment write-downs, all summaries of airline profitability have to be read carefully. The overall impression from this year's Airline Business 100 is that 1996 was a great year for some, but others have a long way to go ...
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Ins and outs
Five major airlines were unable to provide 1996 revenue figures, and they have been eliminated from the main Airline Business 100 list because it is unrealistic to attempt to estimate revenues for several years in a row. Had data been available, Garuda's revenues of around $2 billion would ...
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Traffic leaders
Last year was another relatively strong year for growth. The 100 largest airlines achieved a 5.3 per cent increase in passenger numbers, but as average journey distances increased revenue passenger km jumped by 8.7 per cent. A disappointing freight performance held the growth in total tonne km back to 6.5 ...
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Hell for leather
American Airlines is pushing alliance logic to the limit, leaving its rivals howling in protest and regulators perplexed at the issues of hub and market dominance that have been brought to the forefront. Karen Walker reports.Mention the word 'alliance' in the same sentence as 'American Airlines' and you might as ...
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BA strikes up Spanish talks
After a damaging three-day strike forced British Airways back to the negotiating table, management set about leaking plans for a low-cost carrier in a bid to raise the pressure on the cabin crew union. At the same time, BA has started talking with Iberia about a possible alliance, following a ...