All Networks news – Page 1269
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Airline news
Austrian Airlines and Swissair have confirmed taking a 18.37 per cent stake in Ukraine International Airlines through a holding company in which Austrian Airlines holds 77.78 per cent and Swissair 22.22 per cent. KLM will inaugurate twice weekly services to Abidjan and to Nagoya via Sapporo from April ...
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French revolution is a non-starter
Blanc's successor as head of state-owned carrier Air France will face a rough rideChristian Blanc's resignation statement from Air France begins with a stark heading: 'I take note of the government's decision.' France's change of government, and the decision of prime minister Lionel Jospin to appoint a Communist transport ...
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Europe close to noise ban
Proposed environmental measures to reduce aircraft noise and emissions at European airports are stirring up a storm of protest. The European Commission looks set to adopt Ecac recommendations to ban hushkitted Chapter II aircraft after 1 April 1999. An official confirms that the Commission's proposals, which are due ...
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Fair's fare is the business
In sharp contrast to the wave of low-cost startups sweeping through Europe, a Paris-based carrier is set to start Europe's first dedicated business class service. Fairlines is to start scheduled business services this November from Paris/Charles de Gaulle to Nice and Rome/Fiumicino using 70-seater MD-81s. The aircraft will ...
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Financial results
Operating income leapt from $27m to $97m. A 16% growth in passenger revenues and higher yields helped produce a 9.5% operating margin. Air NZ suffered from a strong dollar, high fuel prices and tougher competition. Restructuring cost $17.6m but selling catering made $4.2m. Operating profit increased from $11.5m to $25.1m ...
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Gulf Air aims salvo at Delhi
Gulf Air has fired a broadside at the Indian government's insistence that the Arab carrier sell its 20 per cent stake in Jet Airways, just as New Delhi looks set to bring an end to the ownership debacle by reversing the ban on foreign airlines holding stakes in Indian carriers. ...
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Gently down stream
As with the engine manufacturers, consolidation among major airframe producers is likely to be followed closely by bold moves to secure dominance in the after sales market. Report by T Wakelee Smith and Jonathan Culley.It may be hard to believe. But with the recent absorption of McDonnell Douglas into ...
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BA-AA enter political ring
The US Department of Transportation has finally launched its review of the proposed American Airlines-British Airways alliance.But 15 months after the linkup was first mooted, the US regulators are in danger of getting left behind as the process migrates to the political level. Still, the prospective partners are ...
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No more tears
With a burgeoning economy, and a new USpartner, Aerolineas Argentinas is riding high as it reaps the benefits of its restructuring plan. Karen Walker reports. Business is back to normal at Aerolineas Argentinas following a frenetic few months during which Buenos Aires became a popular destination for management at both ...
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Aeropostal row hots up
The punches are getting lower in the fight for control of Aeropostal, with an arrest warrant issued against its president and legal proceedings mounting. Aeropostal's president and 51 per cent shareholder, Nelson Ramiz, is currently running the airline from Aruba as he faces arrest on his return to Venezuela to ...
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Italians go to the markets
Italian charter carrier Air Europe is preparing for an initial public offering, while flag carrier Alitalia is still on the lookout for private investors. Air Europe is to float 35 per cent of its shares on the Milan stock exchange and in 'several markets abroad' by December this ...
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SIA prepares for stardom
As the clock runs down on one of the oldest alliances in Asia, US and Taiwanese carriers are forging closer ties following the recent open skies deal between the two countries. The first sign that Singapore Airlines' Global Excellence alliance with Delta Air Lines and Swissair is starting ...
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Sydney syndrome
As Australia's government prepared to launch the second phase of its airport privatisations in October, the difficulty of finding a buyer for Sydney remained a significant cloud on the horizon. By Tom Ballantyne.Three down, 15 to go and one odd man out. That constitutes a pretty good summary of where ...
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Finnair co-operation
Air France and Finnair are to co-operate on the Helsinki-Paris route, starting on 26 October. The three daily flights will operate on a codeshare basis. Finnair will also transfer its Paris operation to Terminal Two at Charles de Gaulle. Air France is believed to be one of the airlines which ...
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Eurowings doubles up
German regional carrier Eurowings is doubling its frequencies between Frankfurt and Berlin Tempelhof with up to eight flights daily. Source: Flight International
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Deal opens French door for Swissair
French independent airline AOM has agreed a "commercial and industrial" alliance with Swissair. Switzerland is not a member of the European Union (EU), and the alliance with AOM will provide Swissair with access to the lucrative French internal market for the first time. The deal, which is expected ...
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Fijian start-up plans scheduled services
A Fijian start-up carrier is planning to launch scheduled passenger and freight services from Nadi to selected Asian, European, Indian and South Pacific destinations from early 1998. According to Fiji International Airway's Singapore-based chief executive, Alan Lindrea, the company hopes to be granted an air operator's certificate by ...
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USA urges Asian partners to liberalise regional services
Paul Lewis/SINGAPORE The US Government is urging its new "open-skies" partner nations in Asia and the Pacific Rim to adopt similar liberal air-service agreements with one another, to open up regional traffic and allow airlines to exercise effectively new beyond-rights to third countries. In the past ...
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TransEuropean aims at charter services to the UK
New Moscow-based TransEuropean is planning to start charter flights to London by the end of this year. TransEuropean, a breakaway from the Russian carrier AJT, operates three Tupolev Tu-154s and an Ilyushin Il-86 on routes from Sheremetyevo airport. It also has two Ilyushin Il- 96-300 on order. Source: ...
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Airbus and Boeing battle for Royal Brunei order
Airbus Industrie and Boeing have submitted final proposals to Royal Brunei Airlines (RBA) to supply a new family of narrowbody passenger aircraft to replace its fleet of Boeing 757-200s and Fokker 100 twinjets. RBA's board is close to a decision on a replacement type and hopes to be ...