All Networks news – Page 1363
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Financial results
A restructuring charge of $533 million relates to early retirement programmes, writing down DC-10s and retiring turboprops. Traffic increases accounted for the 44% increase in profit. BA's yield was up 2.3%, with 1.3% due to exchange rate gains. Passenger revenue per ASM was up 1.6 cents ...
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Fokker's future hangs in balance
Dutch aircraft manufacturer Fokker is fighting for survival as a split emerges between the two main partners in the proposed Asian Express 100-seat aircraft project. Richard Whitaker reports from the Asian Aerospace show in Singapore.The 30 companies considering bids for all or part of crisis-torn regional aircraft manufacturer Fokker face ...
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More aircraft up for Sale
Singapore Airlines' leasing joint venture, Singapore Aircraft Leasing Enterprise (Sale), is in expansion mode and could have 50 aircraft in its portfolio within five years. Current plans envisage 25 widebodied aircraft by 2001, but Sale is considering entry into the narrowbody market which could result in a doubling ...
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Malays scrap over airport
Indo-China's airport authorities are striving to catch up with the rapid pace of modernisation but at least one is finding to its cost that dipping into airline revenues is a recipe for confrontation. Plans by a Franco-Malaysian-Cambodian airport management consortium to part fund an ambitious redevelopment programme for ...
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Japan set to tie down
Tokyo is hoping the new pragmatism demonstrated by Washington on fifth freedom issues with Thailand will carry over into passenger talks it hopes to start in April. Thai-US negotiators reached agreement on a new bilateral surprisingly fast, thus ending a six year impasse over US fifth freedoms. The ...
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One problem, three Chinas
Beijing's sovereignty claims over the 'territories' of Hong Kong and Taiwan are having repercussions throughout Asia and could yet spread to other parts of the world. China's attempts to disrupt Taiwan's presidential election in March have left the status of air services between several Asian points in limbo. ...
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DAC to take Tarom slack
Tarom Romanian Airlines is preparing to hive off its unprofitable domestic routes and part of its regional operation to a new private enterprise, DAC Air. At presstime, the Romanian government was negotiating the conditions of the transferral of route rights with George Paunescu, entrepreneur and chairman of the ...
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More than a name change
Chairman Christian Blanc is using the UK market to trial his plans to merge Air France's European operations with Air Inter - already legally known as Air France Europe. Air France's sister carrier is taking over all operations on routes from Paris/Orly and the French regional destinations to ...
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Kinnock aims for mandate
European transport commissioner Neil Kinnock is hoping to turn a potentially serious threat to securing the external negotiating mandate to his advantage as the Commission aims to secure at least part of the elusive holy grail this year. On the surface, the tentative open skies accord reached between ...
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ANZ rejigs Ansett deal
Air New Zealand's tortuous attempts to forge an equity alliance with Australian operator Ansett are fast taking on more shades than a chameleon. After prolonged discussions to reach an agreement to make a phased purchase of TNT's 50 per cent holding, new talks are underway to change the shape of ...
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Gang of four menace MAS
Malaysia Airlines' traditional monopoly on domestic and international air services is coming under increasing threat from four other carriers. The national flag's much-vaunted potential competitor, Air Asia, is set to join forces with Malaysian regional startup Saeaga Airlines in a joint venture with services to major regional destinations. ...
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Airline speak: a beginner's guide
In this industry people rarely mean what they say. Here's what they really mean.As airline startups multiply and established carriers recruit new management teams, there is a steady influx of new blood into this industry. Newcomers listening to the old hands talking might make the cardinal error of assuming that ...
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Strike threat looms in US
A surprise deal between United Airlines and its flight attendants contrasts sharply with pilot-management talks at Delta Air Lines and American Airlines. As of mid-February, those two carriers were locked in federally mediated negotiations as pilots turned up the heat with strike preparations. The most notable points that ...
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Cuts start to pay at TWA
Restructuring at TWA is finally beginning to bear fruit as Delta Air Lines slows its broad '7.5' cost-reduction programme. But both carriers have been hard hit by one-time costs associated with layoffs, outsourcing, fleet retirements and, especially for TWA, new technology investment. At St Louis-based TWA, there are ...
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Agents for change
All the major computer reservations systems recently signed distribution agreements in China. Elaine White outlines the Chinese travel agent scene and looks at the potential for automating what will become the world's largest travel market.China's travel and tourism industry may be relatively new, but it is already one of the ...
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No haste, just speed
Having sealed its partnership with KLM, Kenya Airways is wasting no time in completing its privatisation and entering the next phase of its development. Jackie Gallacher reports.Kenya Airways is in a hurry. It aims to complete its privatisation by the end of March, and to outline the main priorities for ...
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On the upswing
Richard Whitaker and Sara Guild review the financial and traffic performances of the 40 airlines which have so far released data covering all or part of 1995. If 1994 was the year of recovery for the airline industry, for most carriers 1995 saw profits return with a vengeance. Ten out ...
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A personal approach
Straight corporate branding could soon be banished to the past as experience in other sectors demonstrates that a personalised approach is far more effective. By David Fraser. There was a time when manufacturers, introducing industrialised technology, created products that were targeted simply at a wide and somewhat ubiquitous audience. Take ...
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Good times, bad times
Northwest Airlines is no longer the highly leveraged, unprofitable carrier of a few years ago, but the carrier faces some tough hurdles in 1996. Jane Levere reports.The scourge of the investment community less than three years ago, Northwest Airlines is now the darling of Wall Street, having streamlined its operations ...
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A few home truths
Full liberalisation of the domestic markets of all the third package signatory states is just over a year away but Europe's leading economy is already in its third year of fully-fledged domestic competition. Mark Odell reports. The prospects for new competitors in the German internal market appear bleak after liberalisation ...