All Networks news – Page 1416
-
News
Mexican bailout hits mighty buck
There are potent signs that the long reign of the US dollar as the world's main reserve currency may be drawing to a close. As this change starts to take place, reflecting the deep seated changes in the global economic and financial system, the American currency - like sterling for ...
-
News
Isles marshal united forces
The micro-carriers of the North Pacific have decided that group profits are better than individual losses, and are moving to form a joint airline. Led by Air Marshall Islands, the tiny island carriers have set up a working party whose task is to formulate an aircraft share scheme ...
-
News
Indian stake in question
The high hopes of ModiLuft's management to pull Lufthansa in as an equity partner appear threatened by a claim from a US consultancy on 40 per cent of the carrier's equity. ModiLuft has made no secret of its desire to have the German major as an equity partner, ...
-
News
The big float
There are doubts over whether the jewel of the Chinese state-owned airlines, Air China, will be allowed to follow flotations at China Southern and China Eastern in two years' time. David Knibb reports. Whether Air China will sell and list shares overseas after China Southern and China Eastern depends ...
-
News
A firmer future
As the industry recovers, aircraft values are hardening and surpluses falling but some types are faring better than others. Clive Medland of SH&E explains why. Predicting the outlook for the commercial aviation industry is somewhat analogous to forecasting the weather. We can accurately predict that there will be winters and ...
-
News
On the attack
Mid-sized airlines face crucial decisions as they focus on which strategies and management tactics to adopt. Sara Guild reports from an Airline Business conference on the future of medium-sized carriers. The greatest profit potential for medium sized carriers lies in a direct attack on the strategic weaknesses of ...
-
News
Airline news
Shuttle by United is adding Portland-San Francisco and Portland-Los Angeles from the beginning of April. Under the new US-Canada bilateral Northwest Airlines will begin services from Minneapolis to Calgary and Regina on 1 May and Saskatoon on 15 May following US government approval. From Detroit the carrier will ...
-
News
China order thaw on way
Pressure is mounting for Beijing to relax its freeze on new aircraft orders. It looks as if the Civil Aviation Administration of China will permit two, and perhaps all three big carriers, to place firm orders. Senior Air China officials recently visited Toulouse and Seattle in anticipation that ...
-
News
Follow the leader or fix?
Did US airlines agree to cap travel agent commissions and then stage their announcements to make it look as if they were simply following the leader as usual? That is the key question in an antitrust class action filed by US travel giant Travel Network against the major ...
-
News
Beijing sets out HK stall
Beijing has shown half its hand with an eleventh hour disclosure of its terms for renewing the Hong Kong-Taiwan air agreement that expires this month, but it has been less forthright about whether it will approve Hong Kong-Taiwan flights by foreign airlines under other bilaterals, or what criteria it will ...
-
News
Vietnam on for sell-off
The wide-ranging ambitions of Vietnam Airlines are set to receive a boost in the near future with an expected government decision to clear the way for partial privatisation, including a measure of foreign investment. At presstime, airline officials were awaiting details of a planning package which is expected ...
-
News
New accord seals open skies deal
The well known disunity of the US airlines, and their equally known derision of the Department of Transportation in Washington, were set aside recently as they voiced approval of DOT's successful renegotiation of the US-Canada bilateral. One by one, airline CEOs were quoted in press releases praising transportation secretary Federico ...
-
News
A definitive lesson in competence
The US has split the European Union and pushed the European Commission further than ever in its attempts to obtain the right to negotiate air service agreements for its member states. But Mead Jennings and Mark Odell report that bloc negotiations are a long way off. Call it what you ...
-
News
Milan is new hub for Lauda
Lauda Air will become the first carrier to establish a hub outside its home base using seventh freedom rights available under the European third package, backed by its alliance with Lufthansa. At press time, the Austrian independent was set to start a stand alone scheduled operation out of ...
-
News
Conditions: in your dreams
As the European Commission starts investigating Iberia's plan for a second state aid package from the Spanish government, it emerges that Aer Lingus was allowed to receive the second tranche of its £175 million ($270 million) aid package despite the breach of a key condition. Iberia is seeking ...
-
News
US is stuck over a barrel
Despite its bilateral successes elsewhere, when the US sits down to renegotiate its air services agreement with the UK, it will be the first example of the US Department of Transportation stepping away from its vow two years ago not to negotiate incremental deals. By mid-March, no firm ...
-
News
Smart move to save time
Lufthansa's introduction of smartcard technology is not aimed at following the US majors in their attempts to cut distribution costs, says the carrier. The first carrier in Europe to put the new technology to use, Lufthansa says the main goal is to reduce the time passengers take to check-in and ...
-
News
Oxford Cartographers develops new route-mapping concept
OXFORD Cartographers has developed a new concept in map imagery, which offers airlines a three-dimensional alternative to conventional "flat and featureless" route maps and inflight route-tracking displays. The UK mapmaker has based its "space" view of the Earth, on the photographic reproduction, of a specially modeled globe. ...
-
News
Privatisation path
In February, El Al at last emerged from 12 years of receivership. Now, for the first time since the early 1980s, Israel's national airline is under the control of its own board of directors. Their primary objective is to speed the airline towards privatisation, while at the same ...
-
News
Sabbath flight ban harms El Al
EL AL IS WARNING THAT it is being financially "crippled" by the Israeli Government's ban on its national carrier flying on the Jewish Sabbath and other holy days. There are also fears that the carrier's imminent privatisation could be affected. President Raphael Harlev issued the warning as he ...