All news – Page 6590
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News
Light beckons in Japan
Both of Japan's major carriers sense the worst could be over for their national economy. A sign of confidence perhaps, is that Japan Airlines (JAL) is expecting to pay its long-suffering shareholders their first dividend for seven years when this 1998/9 financial year ends in March. All ...
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News in brief
Loss maker - Spanish flag carrier Iberia terminated its unprofitable service to Tokyo from December, and has now severed all links with the Asian market. Happy EVA after - EVA Air began a new codeshare arrangement with America West at the end of November on flights from Los Angeles ...
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Air France on course
Air France is on course for a stock market flotation of a 20% stake in the first quarter of 1999 but despite pressure from its US partners, the carrier is still equivocating on an alliance. This was the airline's position as outlined by chief executive Jean-Cyril Spinetta, following the ...
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BA takes over CityFlyer
News that British Airways would take over CityFlyer Express finally came as little surprise. The regional airline was its first franchise partner back in 1993 and has thrived from flying in the BA colours. In the process CityFlyer has built up a valuable block of slots at London Gatwick, integral ...
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News in Brief
Short and wide - British Midland has ordered 10 50-seat Embraer RJ-145 regional jets and is seeking six long-haul aircraft for its proposed US routes. A choice is expected to be made soon between the Airbus A330-200 and the Boeing 767-300. City Bird cargo - City Bird of Belgium has ...
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Italy phases in open skies
This January the Italian Government will select the first carriers to fly to the USA under the first stage of the phased open skies agreement signed between the two countries in November. The new air services agreement allows for one daily return service out of the USA and another ...
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Debonair broadens its horizons
The last few months of 1998 have been a busy time for ambitious UK low-fare airline Debonair. First came the regional frequent flier initiative, followed by approval from above for an extensive air-bridge operation for pilgrims travelling to the religious sanctuary of Lourdes from 10 European cities. Then came ...
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Herculean task for Olympic
After extreme protectionism for the Greek national carrier, the walls come tumbling down. The latest business plan, approved by the European Commission last July, will change the Greek aviation environment forever. That is, of course, if this plan succeeds where the last effort failed through what managing director Theodore Tsakiridis ...
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News in Brief
Round-the world - British Airways and Qantas have added six new one-stop round-the world codeshare flights. Passengers from London Gatwick, Birmingham and Manchester will be able to use the alliance to connect directly to Australia, or via Paris or Frankfurt. Fairbanks flights - Lufthansa Cargo has added three weekly ...
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EC raises spectre of higher airport charges
The European Commission (EC) has recommended that airports raise charges to airlines as one of the means available to compensate for the abolition of duty free sales within the European Union. Philip Hamon, director general of ACI Europe, says operators do not want to raise charges, but agrees there is ...
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The long road to recovery
Asia-Pacific's presidents met for their latest annual assembly under the cloud of economic collapse and spiralling yields. Edging through the famously chaotic traffic of downtown Manila at the end of November, it was hard not to be struck by a certain irony in choosing the Philippines to host this ...
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Crises contained?
Fears of an outright recession have begun to recede, but world economic growth is still expected to slow in 1999 and serious risks remain. Concerted action by the world's economic policy makers appears to have paid off. The threat of global recession that loomed during the crises of 1998 ...
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Is Europe ready for recession?
Europe's major airlines are faced with the prospect of falling profits and traffic in 1999, but are they doing enough to limit the damage? If current traffic predictions hold true, then Europe should have a relatively easy ride over the coming year or so, despite the spectre of a ...
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Global outlook
With the world economy poised to slow in 1999, the airline industry may finally get the chance to show whether it has learned the lessons of the last recession. Even the most experienced of forecasters has been forced to admit that 1998 was a difficult year to call. As ...
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US majors aim to break the cycle
The US majors have just ended another year of record profits, but can the industry now avoid descending into losses once the market turns? Airline managers are confident they can. It will be different next time. How familiar that message must sound to the Wall Street analysts who track ...
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Just keep on flying
When Russia was entering the last few days of normality in July and early August of last year, its national carrier Aeroflot was worrying about its new Boeing aircraft and grappling with a 25% increase in passenger numbers. A few weeks later and it was talking about schedule cuts, capacity ...
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The rise of the global super brands
Global alliances are attempting to build and enhance new common brands, while protecting the core products of their members. It felt like a delayed reaction. Some 18 months ago Lufthansa, United Airlines, Air Canada, SAS and Thai International, later joined by Varig, jumped feet first into the branding game ...
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Economy challenge
Rising numbers of frequent business travellers fly in economy class and the trend is intensifying. By Doug Cameron. Business class seats may be getting flatter and IFE screens even bigger but the battle for premium passengers is moving inexonerably towards the back of the aircraft. For all the product upgrades ...
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PAL buys time
The owners of Philippine Airlines (PAL) are buying time with a proposal to inject their own capital into the airline while they ask creditors to give them another three more months to find investors willing to put up more. That is the nub of PAL's plan filed with the ...
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Aircraft price study
Airbus and Boeing have attracted investigations by competition authorities on both sides of the Atlantic following last year's rises in aircraft list prices. Suspicions that increases were made in tandem are dismissed by both companies. "There appear too many bureaucrats with too much time on their hands," says Airbus commercial ...