All Networks news – Page 1378
-
News
New deals aid Taiwan
Compromises on symbolic points have produced new air agreements between Taiwan and both Hong Kong and Macau. Following expected ratification in December, Taiwan will have five-year agreements that straddle the return of both territories to Chinese control. The deals provide new opportunities for Taiwan's airlines and an end to the ...
-
News
'Economic' spying bugs Japanese
Not many people were surprised to learn, in October, that the CIA undertook 'economic' spying on US trade rival Japan. The high-profile impetus for the intelligence gathering was the US-Japan automobile trade talks that were resolved in July after the two sides negotiated an eleventh-hour settlement under the spectre of ...
-
News
Alitalia hit by One startup
Startup carrier Air One will end Alitalia's monopoly on Milan-Rome, the Italian flag carrier's most profitable domestic route, following increased slot availability at congested Milan/Linate. Air One, formerly Air Adriatica, will serve Europe's fifth largest route five times a day from end November, with plans to increase to ...
-
News
Solo launch in Malaysia
Plans for a single multinational airline to operate within the Asean region appear to be falling by the wayside with the planned 1 January launch of a new Malaysian operator, Saeaga Airlines. The newcomer is a joint venture between Malaysia's Ekran Air Services (20 per cent) and the ...
-
News
China set to move on HK
Cathay Pacific is facing its worst nightmare, the startup of a Chinese-controlled, Hong Kong-based rival backed by powerful friends in Beijing's corridors of power. Despite complaints that the action breaks the Sino-British joint declaration on the hand-over of Hong Kong to China, the territory's civil aviation director Peter ...
-
News
From bust to boom in a year
The good times are here again - but nobody can predict for just how longIt's at times like this that largesse takes over. As 1995 draws to a close, it is clear that at long last we have a vintage year for airline profitability - Iata says its members will ...
-
News
French open house offer
One of Europe's last bastions of regulation is starting to crumble as the French market embraces liberalisation. Under the third package, which came into force in 1993, all member states had to open up their home markets (excluding ninth freedoms) by January 1996, at the latest. France, like ...
-
News
Pena to face Asia action
'All eyes are on Asia-Pacific,' said US transportation secretary Federico Peña before leaving on a 17-day tour of the region in November. Declaring he had done all he could for now in Europe, Peña is faced with at least three potentially explosive situations in Asia. The latest drive ...
-
News
Airline news
SAS has launched a thrice weekly service from Copen-hagen to Poznan, the carrier's third Polish destination. Ansett Australia is to begin codesharing on seven existing Malaysia Airlines services and on a new Saturday service between Sydney and Kuala Lumpur via Melbourne. Meanwhile, Ansett has also entered ...
-
News
EU law hits Ryanair routes
Gunter Endres/LONDON IRISH NO-FRILLS AIRLINE Ryanair is being forced to offer only 50% of seats available on its flights between London Stansted and Prestwick in Scotland, until it obtains its own Aircraft Operating Certificate, or finds a UK airline which will operate the service on its behalf (Flight ...
-
News
SAS profits soar
THE SAS group came close to doubling its pre-tax profits for the third quarter, despite the cost of the pilots' dispute in June, which resulted in a three-day lockout. SAS turned in profits of SKr1.1 billion ($167 million) for the quarter, overcoming an estimated SKr300 million loss from ...
-
News
Cargo in control
Lufthansa Cargo achieved its long-sought independence at the start of 1995. The business has not looked back since. Kevin O'Toole/LONDON WILHELM ALTHEN, chairman of Lufthansa Cargo, is clearly a happy man. For the past two decades, he has campaigned for air cargo to be treated ...
-
News
BA raises Middle East capacity
BRITISH AIRWAYS is to increase its capacity to the Middle East by 15% as a result of the introduction of the Boeing 777 to its fleet. Its first 777 finally took off on its delayed inaugural service to Middle East destinations Dubai and Muscat on 17 November. The ...
-
News
Macau awards two new licences
EVA AIRWAYS and TransAsia Airways have been given the green light to fly to Macau, while Eva will also gain 16 flights a week from Taiwan to Hong Kong. TransAsia plans to begin twice daily Airbus A320 or A321 flights on 8 December - although the launch could ...
-
News
French domestic traffic boosted
THE ARRIVAL OF competition on French domestic routes has resulted in a dramatic increase in traffic originating at two of the busiest airports in the country. In the nine months to the end of September, passenger traffic at Marseilles-Provence Airport increased overall by 5.9%, following a growth of ...
-
News
Delta profitable on the Atlantic
DELTA AIR LINES says that its transatlantic services made a modest profit for the year to the end of September, marking the first profitable year since the group acquired the transatlantic operations of Pan American World Airways in 1991. The result was assisted by a record performance in ...
-
News
Globespan buys Excalibur
UK CHARTER CARRIER Excalibur Airways has been sold to a Scottish long-haul tour-operator, Globespan, virtually completing the recent spate of vertical integration taking place within the industry. No price is given for the sale of the East Midlands-based airline, which was owned by its five directors, together with ...
-
News
Open skies hit Alitalia
Andrea Spinelli/GENOA ALITALIA IS FACING heavy competition on its prime domestic trunk route between Rome and Milan, following Milan-Linate Airport's award of additional slots to two new rival airlines. The Italian flag carrier's woes are compounded, by its perpetual fight for financial stability, made harder ...
-
News
India's Jet Airways centres expansion on Calcutta hub
INDEPENDENT INDIAN operator Jet Airways is planning to establish Calcutta as its third hub as part of a continuing expansion programme. Chief executive Nikos Kardassis says that a clear upward trend in business travel between Bangalore and Calcutta, encouraged by West Bengal Government initiatives which have attracted large-scale ...
-
News
JAL's rating dips below 'A' grade
JAPAN AIRLINES (JAL) has lost its A-grade long-term credit rating following concerns over the speed of the group's recovery and the weakness of its balance sheet. Standard & Poor's (S&P) rating agency warns that JAL's recovery is likely to be "more gradual than anticipated". It highlights the pending ...