All Networks news – Page 1242
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Cintra faces censure
By delaying its initial public offering, the holding company Cintra has dodged calls for separate offerings of shares in Aeromexico and Mexicana, but it still faces heat from several quarters. AeroCalifornia, one of Mexico's two major independent airlines, has become the most outspoken critic of Cintra's practices and ties ...
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US-Japan: is this the finish post?
The new US-Japan civil aviation bilateral might go down in history as the agreement that metamorphosed from a full open skies prospect into a reality check. Given the increasingly obvious premise that full open skies was not on the table, it eventually came down to the US Department of ...
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Airline News
Japan Airlines is scheduled to introduce a three times weekly service from Nagoya to Los Angeles, a twice weekly service between Nagoya and London/Heathrow and a weekly Hiroshima to Honolulu service, as well as a daily Fukushima to Sapporo operation this April. United Airlines is due to introduce a ...
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And then there were four . . .
The latest 'virtual merger' means four airlines have 70 per cent of the US market. The airline alliance dance has moved into a new phase with the announcement of the virtual merger between Northwest Airlines and Continental Airlines. The entire industry is still trying to digest the implications of this ...
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Enter the eurozone
Airlines need to get to grips with the pricing and IT issues that are posed by the planned arrival of Europe's single currency on 1 January, 1999. Report by Gemini's Keith Turner. A year ago it was debatable whether Economic and Monetary Union (EMU) would ever happen. Since then there ...
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1997 at a glance
January Boeing and McDonnell Douglas announce plans for a $13.3 billion merger. Norwegian travel agents threaten to sue SAS over plans to reduce commissions. Delta Air Lines winds down its Frankfurt hub, ending its intra-European services. Swissair, Austrian, Sabena and Delta establish a revenue pool on the North Atlantic. A ...
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Dutch courage pays off
KLM is now in the major league of global alliances. But the carrier still needs to select an Asian partner while noise restrictions at its hub threaten its development. Leo van Wijk, president and chief executive officer, talks to Lois Jones about the challenges facing KLM.At 10.30 am precisely ...
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Latin race heats up
Even before the American-Tacapact gets final approval, it is sparking a flurry of competitive reactions from other UScarriers, set on improving their own Latin American positions. The US Department of Transportation's tentative approval of the American-Tacadeal last December has pushed Continental Airlines to apply to fly to six Central ...
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Champion of the cause
Senator John McCain is on a mission to secure a more competitive US airline industry. His legislative proposals include freeing up more slots for startups and smaller airlines, prompt action against predatory behaviour, and increased airport funding. Report by Karen Walker.'He can be a powerful friend or a formidable foe,' ...
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Mesa faces tough times
A new board of directors at Mesa Air Group is flexing its muscles in a bid to respond to challenges facing the carrier. The airline's new board includes Virgin Express chief executive officer Jonathan Ornstein and Virgin Express director, James Swigart. Larry Risley and his wife, both co-founders of ...
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MetroJet set to propel US
US Airways' new airline, MetroJet, will throw down the gauntlet to the US champion of low-costs, Southwest Airlines, when it launches operations out of Baltimore-Washington on 1 June 1998. Details of US Airways' low-cost competitive response hold no surprises, according to analysts. By launching a service out of Baltimore ...
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US alliance opens the floodgates
The alliance coup pulled off by Northwest and Continental will speed up similar revenue tieups in the US and push global alliance building to new levels of activity. By Karen Walker.Denying a statement that he has worked for '. . . just about every airline in the US', US Airways' ...
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The smart airlines take credit cards
Three US airlines have formed partnerships with American Express and Bank of Hawaii to expand their use of electronic systems, streamline their operations and broaden distribution. Pioneering in these efforts is travel industry giant American Express, which has partnered both American Airlines and Continental Airlines. Since late 1996, American has ...
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Labour strife hits Europe
Cancellations are set to continue at Olympic Airlines if the question of staff shortages is not resolved, while labour strife is also plaguing Virgin Express. Olympic's unions are demanding that the airline reinstate the 64 seasonal flight attendants it fired in February. At presstime, the airline was forced to ...
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Weakened by taxation
Growing profits at many airlines have led to an increase in the taxes levied by governments and a rash of new charges. Tom Gill assesses the current state of affairs worldwide.'An airline is like a fat cow - everyone is milking it.' Like most airline executives, Franco Mancassola of UK-based ...
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Delta toys with TWA tie
A proposed codeshare by Delta Air Lines and Trans World Airlines on US-Japan routes is sparking speculation of the start of a stronger relationship between the two. Earlier in February, Delta's plans for a merger with Continental Airlines were thwarted when Continental opted instead for an alliance with Northwest ...
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Oriental calm dawns in US
At long last, Tokyo and Washington have settled their aeropolitical differences with a substantive open skies agreement that extends well beyond a 'mini-deal'. But Europeans are fuming at the deal's valuable concessions to the US. The new US-Japan open skies deal penned in February 1998 has helped right the ...
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Southern boom
The US carriers, led by American Airlines, have benefited the most from the growth in demand to Latin America. Report by April Pearson. With growth of 23.9 per cent over the last five years, US-Latin America air traffic is outpacing economic growth. Growth still lags behind the larger European and ...
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WestPac to pack it all in
Denver-based Western Pacific has joined the long list of US low cost carriers to bite the dust. The airline has been unable to buy the time needed to turn around since limping into Chapter 11 bankruptcy last year. The US industry has been anticipating Western Pacific's demise for some ...
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P&W starts geared turbofan revolution
Karen Walker Pratt & Whitney will unveil details tomorrow of its new PW8000 geared turbofan, the engine which it says will "-change the rules of the game." P&W has made the unusual decision to launch the PW8000 without a customer. But company president Karl Krapek says it is time to ...