All Networks news – Page 1290
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News
Cathay axes offshore plan
Plans by Hong Kong flag carrier Cathay Pacific to cut labour costs by setting up a cabin crew base in Bangkok have had to be abandoned following complaints by attendants that the rostering system was unworkable. The move is a body blow to a longer term scheme to ...
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US opens up centre
Sceptics could be forgiven for questioning the true 'open' nature ofthe new US open skies agreements with six Central American countries since carriers from two of the countries are prohibited from flying to the US. Costa Rica, El Salvador, Honduras, Guatemala, Nicaragua and Panama each signed open skies ...
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West sends clear signals over HK
There will be no more important global event this decade than the handover of Hong Kong, the most advanced economy in Asia (excluding Japan), to its neighbour in the north, the People's Republic of China. When the Union Jack is finally lowered at midnight on the last day ...
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Airline News
Continental Airlines is to start daily nonstop flights from New York/Newark to Sao Paulo and Rio de Janerio on 10 July. Continental Express was to launch three daily services from Cleveland/Hopkins to Raleigh-Durham on 1 May as well as three daily flights to Norfolk, Virginia via Washington/Dulles and a daily ...
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Boeing's actions require scrutiny
Sole-supplier deals could stifle competition and reduce the impetus to innovate. When a company with the size and influence of Boeing flexes its muscles, everybody had better sit up and take notice. Recently, there's been plenty of muscle-flexing in Seattle. Boeing has signed sole-supplier deals with American Airlines ...
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Europe is set to expand
The European Commission is drawing up legislation for the aviation sector to match US antitrust laws, as the first stage in expanding the European aviation market to the east nears completion. Commercial aviation is one of the few industry sectors in which Brussels suffers from 'split competence'. The ...
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Financial results
Company Period Net US$ mil Comp period Sales US$ mil % change Aer Lingus Y Dec 31 51.2 24.2 1,225 -4.0 AMR Corp 1Q Mar 31 152.0 157.0 4,006 2.4 Austrian Airlines Y Dec 31 19.8 30.4 1,228 8.8 China Eastern Airlines ...
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A race to market
When Seiji Fukatsu, president of Japan's All Nippon Airways, called a press conference in mid-April, local scribes could have been forgiven for speculating that a major announcement of international import was in the offing. It was common knowledge that ANA was on the verge of releasing details of ...
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PIA sale to fund revamp
The Pakistani government has launched its search for a strategic equity partner to help recapitalise and restructure state-controlled Pakistan International Airlines. The government's privatisation commission plans to appoint financial advisors, consisting of an investment bank, a law firm and consultants, on 20 July to oversee the sale of ...
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Proceed with care
If a single US airline were to be picked out for its sheer likeability, then that airline would have to be Southwest Airlines. This darling of the industry consistently puts smiles on the faces of its employees, its passengers, bankers, analysts, shareholders, and even former Department of Transportation inspector general ...
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Star bursts on to scene
United Airlines and Lufthansa have moved alliance building into a new era with the launch in mid-May of the five carrier Star Alliance, which attempts to present the passenger with a more uniform product while retaining individual brands. At presstime, details were scarce but the carriers were keen ...
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Direct links see change
They've done it by sea, and now Taiwan is searching for ways to ease its self-imposed ban on direct air links with the People's Republic of China. In an historic but short voyage in late April, the first ships carried cargo directly across the straits. Each side has ...
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Wolf stalks, unions resist
Frustrated by the lack of progress in labour negotiations and under pressure to cut costs, US Airways chairman and chief executive officer Stephen Wolf has launched an 'efficiency programme' that includes the ending of jet services to nine US cities, the grounding of 22 aircraft, and consolidation in maintenance and ...
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UK quick to labour point
The new UK government has put Washington to shame by moving rapidly to bring itself up to speed with the complex issues surrounding the proposed British Airways-American Airlines alliance and the related US-UK open skies discussions. Within a week of a landslide election victory for the Labour party ...
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Commission cuts hit the small guys
This year's decisions by five US majors to cut commissions for on-line travel bookings in half could result in the collapse of smaller on-line travel agents, leaving this potentially lucrative market in the hands of three major companies. Northwest was the first carrier to cut the commission paid for on-line ...
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The pros and cons of retiring at 65
Sir - The US Federal Aviation Administration has tried to increase the retirement age for US airline captains from 60 to 65, but its efforts were rejected by the self-interest of the US Airline Pilots Association (ALPA), which cannot be truly representative of experienced US pilots' views, as a high ...
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New Trent 700 failure
The fifth inflight shutdown - the third within in a two-week period - of a Rolls-Royce Trent 700 occurred to a Dragonair A330-300 en route from Malaysia to Hong Kong on 23 May. The aircraft was diverted to Subic Bay in the Philippines. "From first reports, we have no reason ...
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The pros and cons of retiring at 65
Sir - The US Federal Aviation Administration has tried to increase the retirement age for US airline captains from 60 to 65, but its efforts were rejected by the self-interest of the US Airline Pilots Association (ALPA), which cannot be truly representative of experienced US pilots' views, as a high ...
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News
All change
The final countdown has begun to tick over Chinese rule over Hong Kong. With the clock ticking away, senior airline executives in the colony have been engaged in a last-minute game of musical chairs, before the Union Jack is hauled down on 30 June. The end-of-year departure of ...
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Consortium bids to link Schiphol with Belgian airports
An Irish-Dutch consortium has offered to form an alliance with the Belgian Government to operate the airports of Amsterdam, Brussels and Charleroi as a single entity. The consortium involves Amsterdam Schiphol of the Netherlands and Aer Rianta of Ireland - each with a 50% share. The ...