All news – Page 6127
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Hold on tight
Do recent traffic declines signal a fundamental shift in the link between GDPand airline growth asks Chris Tarry of Commerzbank?
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No light yet at the end of the tunnel
The driving factors behind a June quarter operating loss for USairlines were lower corporate spending and higher labour costs. Prospects seem glum for the rest of 2001 and the outlook for 2002 is equally uncertain, writes Jane Levere.
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ANZ awaits word from Wellington
A decision with long-range implications for Australasian aviation is due from the New Zealand Government by early September before the next meeting of the Air New Zealand (ANZ) board.
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Cathay dispute refuses to die down
Cathay Pacific started August by declaring that its labour dispute with pilots was at an end. But as the month wore on, it was again being forced to cancel flights, this time due to the levels of sick leave.
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China backs down from threat to blank Boeing
China's Government is finalising a multi-billion-dollar agreement with Boeing - after months of threatening to snub US companies and buy high-value goods from suppliers in other countries.
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Down time
The slump has come early for the major USairlines, with business travel numbers in free-fall, even though the economy is still just about managing to grow. Ominously there is evidence that this time the cuts may be structural rather than snapping back once the good times return. It may be ...
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Greek holiday is over
Now that the summer holiday period is over, exclusive negotiations with the Axon Group over the privatisation of flag-carrier Olympic Airways are also due to reach a conclusion.
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Sabena draws up another last chance survival plan
Sabena appears to once again be drinking at the last chance saloon as it draws up a plan to ensure its survival now that shareholder Swissair has washed its hands of any further liabilities.