All Networks news – Page 1349

  • News

    A clearer direction?

    1996-06-01T00:00:00Z

    A spring-clean of the alliance movement has taken place over the past year, with many of the majors dusting off and discarding some of their older, redundant agreements and focusing instead on developing newer ones. Meanwhile the number of alliances continues to grow as more pertinent agreements are added by ...

  • News

    Euro-continent is slow to recover

    1996-06-01T00:00:00Z

    The long period of expansion for the global economy, which began in the United States five years ago, looks set to pickup momentum again this year and next as the Japanese business machine springs back to life. However, the performance of the industrial countries as a group looks distinctly patchy ...

  • News

    Props back in Dusseldorf

    1996-06-01T00:00:00Z

    Düsseldorf's move to ban turboprop aircraft has failed following legal action by three operators and the airport has agreed a 3 June restart date. Germany's second busiest airport has a longstanding slot shortage and faces additional handling problems as a result of a serious fire on 11 April. ...

  • News

    Xiamen tests public purse

    1996-06-01T00:00:00Z

    Xiamen airport has become China's test case for finding new funds. After Cathay Pacific's retreat last December ended the first attempted airport development with a foreign investor, Xiamen has now taken the lead again and become China's first airport to make a public offering. But foreign equity is proving elusive. ...

  • News

    UPS closes on Taipei hub

    1996-06-01T00:00:00Z

    The decisions by United Parcel Service and DHL to launch Asian hubs commit all four of the big express cargo carriers to the Orient. The question now is which of the differing strategies will work and whether they will avoid the bloody shakedown that followed a similar scramble four years ...

  • News

    Twin trouble over China

    1996-06-01T00:00:00Z

    The extraordinary growth in China's air travel market has come as a welcome boost for the world airline industry but it is also sparking serious confrontation between rival carriers of two Asia-Pacific nations over route rights. In South Korea, Korean Air and rival Asiana Airlines are tussling over ...

  • News

    More cash as heads roll?

    1996-06-01T00:00:00Z

    Indonesian flag carrier Garuda is undergoing more management upheaval as it struggles to implement a critical fleet modernisation programme and lift performance after one of its toughest years. In the face of intense competition on key domestic and international routes from local rival Sempati and more efficient foreign ...

  • News

    Sempati sale signals float

    1996-06-01T00:00:00Z

    In a move to boost its balance sheet before going public, Indonesia's Sempati Air is to sell 40 per cent of its equity in a private deal to an Indonesian-Malaysian consortium. Coupled with a planned public offering of another 20 per cent later this year, Sempati will make ...

  • News

    Thai weighs cargo option

    1996-06-01T00:00:00Z

    Thai International wants to take full ownership of a proposed national all-cargo operator being set up to tap into the impressive 15 per cent growth in freight traffic - almost double the annual rise in passenger numbers. Thai's management is proposing to set up the as yet unnamed ...

  • News

    Market-led links are longer lasting

    1996-06-01T00:00:00Z

    The most successful alliances to date were based on more than just fashion.Producing a comprehensive list of airline alliances can be frustrating. Just as you are outputting the last version of the tables, Northwest announces a deal with Air China. Then, after the tables are finally finished, British Airways announces ...

  • News

    Politics turn sweets sour

    1996-06-01T00:00:00Z

    Political interference has left South African Airways seriously out of pocket and the airline's management quietly seething after a clash between two government departments over the interpretation of trade rules led to the delay of desperately needed new aircraft. The debacle centres on SAA's order for seven B777s ...

  • News

    Sun shines on BA empire

    1996-06-01T00:00:00Z

    Danish regional Sun-Air has signed a franchise agreement which will see it operating as British Airways Express from August. The deal marks the first time BA has franchised its Express brand to an airline based outside the UK, although 49 per cent-owned TAT European Airways of France is licensed to ...

  • News

    Eleven oust Afrique boss

    1996-06-01T00:00:00Z

    The tense standoff at Air Afrique between management and unions has finally led to the sacking of chief executive Yves Rolland-Billecart, who has failed to reverse the decline at the multinational African carrier since his appointment in 1989. The unions' demand for the sacking of the entire management ...

  • News

    Lax tax rules hit at costs

    1996-06-01T00:00:00Z

    As US carriers report record earnings during the first quarter, some analysts are cautioning that the windfalls, in good measure due to the lapse of the 10 per cent ticket tax at the start of this year, are disguising a rise in unit costs. On one of the ...

  • News

    Time for last post again?

    1996-06-01T00:00:00Z

    The sale of Venezuela's state-owned airline Aeropostal, bankrupt and grounded since October 1994, could take place by late June. Though the carrier's assets are limited and valued at $20 million, the asking price is double that. The government claims that it has received five bids, but analysts regard ...

  • News

    CNAC enters with Dragon

    1996-06-01T00:00:00Z

    Hong Kong's handover has come a year early for Dragonair. Yielding to Chinese pressure, Cathay Pacific and the Swire group have agreed to cut their holdings in Dragonair and allow China National Aviation Corporation (CNAC) to take control. Peter Sutch, Cathay's chairman, describes this as 'an accommodation of PRC aviation ...

  • News

    Swiss release

    1996-06-01T00:00:00Z

    Swissair's decision to concentrate longhaul flights at its Zürich hub at the expense of Geneva has prompted a revision of the Swiss Federal Aviation Act to end the flag's monopoly on the Geneva-Basel and Geneva-Zürich routes. The government is also considering designating a second Swiss carrier in bilaterals to bring ...

  • News

    Virgin buys into Europe

    1996-06-01T00:00:00Z

    With the Virgin Group's takeover of 90 per cent of Euro-Belgian Airlines (EBA), continental Europe is getting its first taste of the US low-fare, short-haul carrier craze. In return, the US management team of Brussels-based Virgin Express is getting its first taste of the vagaries of the European market. ...

  • News

    AOM and TAT link to take on Air France Europe

    1996-05-29T00:00:00Z

    Julian Moxon/PARIS FRENCH INDEPENDENT airline AOM French Airlines has joined forces with British Airways partner TAT to compete with Air France between Paris Orly and Marseilles, the busiest domestic route in France. The move may signal a further rationalisation of French independents, which have been jostling ...

  • News

    European bosses accuse pilots on flight-limits issue

    1996-05-29T00:00:00Z

    PILOTS HAVE "HIJACKED" the issue of joint European flight-time limitations (FTL) as a route to securing improvements in their working conditions, claim the region's airline chiefs. The draft Joint Aviation Regulation on FTL was highlighted as one of the major threats to the airline industry's fledgling recovery as ...