All news – Page 6874
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Nasty ending for Goldilocks tale
There is a rude confidence among western financial leaders that the robust economic expansion seen during the last 12 months can be carried over into 1998. The US economy, the main driver of worldwide demand, remains in a remarkably healthy state, despite the jitters which surrounded the October 1997 stock ...
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Continental trumps Delta
Delta Air Lines needs to sharpen up its act as Continental scores a double victory over rival Delta in the race for Latin American routes. In Venezuela, Continental has won transport ministry approval to start inbound flights while Delta still waits for comparable approval. In Chile, Continental has beaten ...
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Hidden baggage cause for concern
Americans and their baggage are not easily parted. For the average US airline passenger, travelling 'light' has little to do with restraint at the packing stage and much to do with how much he or she can haul past the flight attendant and hurl into an overhead bin. For maximum ...
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Blue Sky faces a storm of protest
So far, it's been a relatively easy ride for most of Europe's new breed of low-cost carriers. Four in particular - Ryanair, EasyJet, Virgin Express and Debonair - have built up substantial businesses, and three of them have had successful public flotations. But now, British Airways is fighting back with ...
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Bankers cool on euro offer
Airbus Industrie's plan to offer its aircraft in the new European single currency as well as US dollars are set to receive a warmer reception from airlines than from the financial community. Airlines in the 11 countries which have signed up for the first wave of euro membership in ...
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Excellence loses shine
The collapse of the Global Excellence alliance between Swissair, Delta and Singapore Airlines promises a cash boost for the carriers when they liquidate their cross-shareholdings, despite the recent fall in SIA's share price. Delta values its 2.75 per cent stake in SIA at US$315 million while Swissair's 0.6 per ...
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India fails to ink accords
Just when India's beleaguered airlines though it was safe to plan for the future, another government has fallen by the wayside and left the airlines wondering what fate holds in store for them next. Some four reports by special committees on domestic Indian Airlines, national flag Air India, aviation ...
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The labour lever
Thirty years ago, many would have considered working for an airline the best job available. A young pilot or flight attendant had the opportunity both to earn great pay and to see the world. And flight benefits allowed free travel in leisure time. Management was supportive and focused on the ...
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Love lost over airfield
In a David and Goliath-style battle, a legal war is raging in Washington D.C. over the future of Love Field Airport in Dallas, which could lead to new competition for American Airlines this year. Due to the Wright Amendment, a long-standing federal law designed to protect Dallas/Fort Worth International ...
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Cintra may split control
Under scrutiny from Mexico's Chamber of Deputies and Mexican federal agencies, Cintra, the holding company for Aeromexico, Mexicana, and AeroPeru, is deliberating whether to retain common control or split each airline into a separate company. Pressure on Cintra has been mounting since last May, when it first disclosed plans ...
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First timers
Virgin Express raised US$96.3 million from its initial public offering in November. The deal was 10-times oversubscribed and values the carrier at $216 million. Virgin Group retains a 60 per cent stake in the airline. Source: Airline Business
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Oz saves Niugini's day
Help is at hand for debt-ridden Air Niugini as an Australian businessman prepares an offer for the flag carrier. Michael Bromley, a former chairman of Air Niugini, approached the Papua New Guinea government in late November. But Bromley was stopped from placing a specific bid on the table by ...
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Low fares capture more Web sales
A handful of airlines, including America West, Delta, Southwest and Cathay Pacific, have begun to use the Internet to offer creative pricing initiatives -- above and beyond the Wednesday online fare specials first introduced by American with its Netsavers - both to promote their World Wide Web sites and to ...
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Holding the pieces together
The old adage, 'what goes up must come down' is frighteningly true most of the time, and whether the topic under discussion is the economy or the fortunes of the airline industry, there is no escaping its veracity. As the industry enters 1998, many managers will be wondering if ...
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Peru fears lost status
Peru fears it could lose the Category 1 safety status it only regained last July if it extends supervision to civilian domestic flights flown by its military. Peru's concerns follow confusion over the US Federal Aviation Administration's right to consider foreign domestic issues under its safety assessment programme. ...
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Hop-around on Oz policy
Qantas and British Airways were breathing more easily in December after Australia's route right authority cleared the pair to extend codesharing on the London to Australia Kangaroo Route. The decision represented a backdown by the route authority, the International Air Services Commission. The IASC had earlier published a draft ...
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Icao soothes safety fears
Icao has salvaged a role as a global aviation safety watchdog after hammering out an agreement at its safety convention. However, critics fear that the International Civil Aviation Organisation will not clamp down on countries which ignore safety standards. The 145 member states attending Icao's November safety conference in ...
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Restrictions put KLM all out at sea
'The Owl and the Pussy-cat went to sea in a beautiful, pea-green boat'. Unlikely, yes, but a lot more realistic than millions of passengers, an airport and all Dutch airlines shifting to the middle of the North Sea. Yet a new airport to be built on an artificial island ...
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SIA in Star tie-break
Singapore Airlines is expected to become the seventh member of the Star Alliance by the first quarter of 1998, but uncertainty hangs over the final Asian line-up of the largest alliance group. SIA took its first step on the Star trail at the end of November when it signed ...
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Taiwan not ready to talk
Now you're talking. Or are they? Politically sparring partners, Taiwan and the People's Republic of China, may be nearing the negotiating table, but they're still skirting around aviation issues. Taiwan President Lee Teng-hui and Prime Minister Vincent Siew have both declared that talks on direct transport, trade, and postal ...