All Networks news – Page 1420
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News
Air New Zealand boosts profits
AIR NEW ZEALAND (ANZ) boosted profits in its first half-year, despite continuing problems with its domestic Boeing 737 fleet and a rapid expansion of capacity on international routes. The New Zealand carrier managed to raise net profits by nearly 60%, to more than NZ$140 million ($89 million) ...
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Lufthansa decides on A319 as successor to 737-200
Andrzej Jeziorski/MUNICH LUFTHANSA IS to order 20 Airbus A319 short- to medium-range airliners to replace its remaining Boeing 737-200s. The airline says that it chose the latest and smallest product of the Airbus stable on "grounds of fleet policy and economics". The decision still requires the ...
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Expansionist Air Canada swings back to profitability
AIR CANADA HAS posted its first profit in five years, and chairman Hollis Harris plans to keep the momentum rolling in 1995 with a further double-digit capacity expansion. Group net profits of C$129 million ($92 million) in 1994 mark a dramatic turnaround from the C$326 million loss ...
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GB Airways
GB Airways, now a British Airways franchise carrier is adding four per week services to the Spanish destinations of Valencia and Murcia in the northern summer. Source: Flight International
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Austrian Airlines
Austrian Airlines is beginning services from Vienna to Beijing and Almaty, while Austrian rival Lauda Air is starting a daily Salzburg-London Gatwick service. Source: Flight International
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Air Canada
Air Canada is increasing its transatlantic and transpacific capacity for the northern summer by 18%. Toronto-Tel Aviv and Toronto-Montreal-Brussels are new services. There are capacity and frequency increases on routes to Madrid, Osaka, London, Glasgow, Zurich, Berlin and Vienna. Source: Flight International
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Programming change
Many aviation companies, including airports and service providers as well as airlines, need to find ways of cutting costs further. Ray Eitel Porter and his colleagues at The LEK Partnership discuss effective responses. For the first time in its history, a medium-sized airline faced the threat of real competition. ...
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Northward bound
Ansett Australia is grappling with international expansion, toughening domestic competition, questions over its ownership, and a heavy debt burden. Tom Ballantyne assesses the future of Australia's second major airline. Fledgling international carrier Ansett Australia, striving to establish a permanent presence amongst Asia-Pacific's airlines, is wondering what cards fate will deal ...
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Picking up the pieces
The impact of a major accident on an airline's traffic and revenues is often short lived but limiting the damage to the carrier's public image is a delicate exercise. Sara Guild examines the lessons learned by a selection of carriers. There is a true tale in aviation's not so ...
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Coming clean
It is time the United States stopped equivocating and led the way towards multilateral liberalisation by clearly stating its international open skies policy. Jacqueline Gallacher reports. The attempt to launch a worthwhile debate on multilateralism at last November's Icao worldwide air transport conference, resulted in little more than a ...
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Financial results
Y = Year. H = Half year. Q = Quarter. M = Months. Currencies converted into US dollars a average exchange rates during reporting period. Per cent changes in local currencies. Net profit at the UK airports operator rose 13 per cent. Passenger numbers rose 7.4 per cent ...
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The unions' man
United Airlines' chairman and CEO Gerald Greenwald has some novel ideas on how to make employees work together, run an airline more efficiently and establish strong ties with worker groups. Could he be the new blood airlines have needed at the top for years? Mead Jennings reports.In Gerald Greenwald's office ...
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Airline news
Air Canada will commence its first Middle Eastern service with a twice weekly flight from Toronto to Tel Aviv from 20 June. Northwest is to launch a Detroit-London/Gatwick service at the beginning of March. The carrier has purchased the route from Delta, in a deal awaiting US government ...
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Changing fortunes
Early figures suggest that 1994 was the long-awaited turnround year for most airlines. Richard Whitaker reports. 'Mixed' seems the most appropriate word to use in describing the fortunes of the world's major airlines in 1994, to judge by the information available so far. The full-year financial results for the ...
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Once more to the breach?
The clearance for up to 9 million members of American Airlines' frequent flyer programme to sue the carrier over retroactive changes to its loyalty programme could open the flood gates to legal action against US carriers. At the very least, the ruling means a comparable number of United ...
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BA: put your trust in US
The recent decision forcing British Airways to stand trial in New York for alleged conduct in the UK has heightened uncertainties about when actions outside the US can subject a non-US company to US anti-trust claims. Indeed, one anti-trust specialist believes BA's case was weakened by the judge's ...
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HK's woe of two Chinas
The transfer of Hong Kong to Chinese control continues to overshadow the UK colony's role in regional aviation. Despite November's Sino-British accord over funding for Chek Lap Kok, talks are dragging on over the language of debt guarantee agreements, while Hong Kong's future as a Taiwan-China hub appears tenuous as ...