All news – Page 6824
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News
Mahalo sinks
Hawaii's Mahalo Air has failed to find the funds needed to survive liquidation. A court has ordered the sale of the airline's remaining assets. Mahalo sought chapter 11 protection last year. Source: Airline Business
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Thai tussle
The Thai government board say upgrades at Don Muang airport should be scaled back from $113 million to $38 million in light of Thailand's fiscal crisis. Source: Airline Business
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FAA rules out
A US Court of Appeals has overturned a Federal Aviation Administration interim rule that came into effect last year and introduced overflight fees for carriers that use US airspace but do not take off or land in the US. The FAA, which had hoped for $100 million annually in fees, ...
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Chek Lap chop
The latest opening date for Chek Lap Kok airport is now July 1 1998 - the first anniversary of Hong Kong's handover to China. Source: Airline Business
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Dutch stamp
KLM is to buy the remaining 50 per cent stake in Martinair to make it a wholly owned KLMsubsidiary. KLMis rebranding its three European regional airlines, Air UK, KLM Cityhopper and Air Exel, as KLM UK, KLM Cityhopper and KLM Exel. Source: Airline Business
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AB float time
AB Airlines is to float 30-40 per cent of its share capital on the London Stock Exchange during April/May to finance new aircraft purchases and route expansion. The carrier flies from London/Gatwick to Shannon, Lisbon and Berlin. Source: Airline Business
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Thai tumble
Thai Airways International has reported a $576 million loss for its first quarter to 31 December, largely due to the devaluation of the Thai baht. Source: Airline Business
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Peseta outpour
Iberia has placed the largest ever single European order for Airbus aircraft, with 50 firm orders and 26 options, comprising nine A319s, 36 A320s and 31 A321s. Source: Airline Business
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BA set to Go
British Airways has named its new low-cost airline subsidiary 'Go'. It will be launched in May from London/Stansted. Source: Airline Business
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Appointments
Federal Express has promoted David J Bronczek to executive vice president and chief operating officer and Tracy G Schmidt to senior vice president and chief financial officer. Karen M Claybourne has been appointed senior vice president and general counsel; Bob Elliott is now senior vice president of the Europe Middle ...
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Suppliers
China Airlines has started an IBM-based online booking system for internet reservations. IBM Global Services Australia is taking over the management and control of Cathay Pacific's data centrein Sydney. Unisys has supplied Cathay Pacific with the electronic ticketing system Unisys Aircare. Servisair has won a contract to provide ...
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Aircraft News
Southwest Airlines has ordered 59 Boeing 737-700s. Air China has signed a purchase agreement for five B737-800s, as part of its 50-aircraft order, signed last year. European Regions Airlines has ordered two Embraer RJ-145s plus three options, with deliveries starting in December 1998. Egyptair has ordered two Airbus ...
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BA alliance faces delay
Patience is a virtue that American Airlines and British Airways surely must be learning. Both carriers seem resigned to more months of delay as their proposed alliance faces scrutiny on both sides of the Atlantic. But BA now hopes that the European Commission might put all alliances at a ...
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Up in arms over Uganda
The battle for dominance of African air space is intensifying with Alliance Air striving to gain control of soon to be privatised Uganda Airlines. Alliance's executive director John Murray says it is 'vital' for Kampala-based Alliance to gain control of Uganda Airlines to prevent it from falling prey to ...
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Kiwi quests
Air New Zealand sees its future in a global alliance but has yet to gain access to the Star Alliance. Meanwhile the carrier still needs to overcome major challenges close to home. David Knibb reports from Auckland. Air New ZealandThey say events often happen in threes - all the more ...
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Alitalia stops cheap stunt
Alitalia deftly dropped all promotional fares within Europe in February to avoid the European Commission re-considering approval of its state aid. Alitalia had come under fire from domestic airlines Alpi Eagles and Air One, which claimed the Italian flag carrier was 'price leading' on key routes, violating conditions attached ...
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Milan moves in to manage
A consortium headed by the Milan airport operator SEA has won a 30 year concession to manage Argentina's 33 state-owned airports. The winning consortium is called Argentina 2000. SEA holds a 30 per cent stake, US ground handling company Ogden 28 per cent, and local partner Corporacion America Sudamericana ...
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Sharp exit out of Asia
The Asian crisis is forcing Qantas and Air New Zealand to shift capacity out of Asia and into a face-off closer to home. Both airlines withdrew from Korea in January; Qantas has now announced cutbacks to Indonesia, Thailand, and Malaysia. Air New Zealand retreated from these markets last year. ...
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Asia chops its policies
Fleets, financing and fares are all under review as airlines in the most troubled parts of Asia look for ways to weather the financial turbulence. Boeing predicts that Asian customers could delay up to 60 aircraft deliveries over the next three years. Asian airlines have placed firm orders for ...
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Degrees of new disaster
The Asian economic crisis may have thrown the entire region into turmoil, but differing attitudes among Asian startups illustrate how misfortunes vary between countries. Harlequin Air, a new affiliate of Japan Air System, is confident that while Japan may have economic worries, its citizens still have disposable income. Harlequin ...