All news – Page 6921
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Malpensa delay
The European Commission had given the Italian Government until mid-September to change its plans to force all airlines except Alitalia and Air One to move to Milan Malpensa Airport on 24 October. Source: Airline Business
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Cargo alliance
Four independent cargo airlines - Air Foyle, Channel Express, HeavyLift and Atlantic Airlines - are to form the British Cargo Airline Alliance. The move is in response to the British Airways/American Airlines tie-up and the forthcoming US-UK bilateral negotiations. Source: Airline Business
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Routes
Renewed efforts to step up cooperation between Caribbean carriers could start with the joint handling, purchasing and wet leasing of cargo aircraft. The aim is to improve efficiency in one of the most fragmented air transport markets. US regional carrier Aspen Mountain Air is to restructure its route system ...
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Fare wars sting Brazil
Deregulation and resulting fare wars continue to bite hard into profits at Brazil's four main airlines, with no sign that the worst is over. Varig is blaming the fare wars for its Real $197 million ($168 million) loss reported for the first half year. This is almost triple the figure ...
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Bombardier muscles into 90-seat battle
Bombardier expects to launch a 90-seat regional jet in the next 12 months. The plan not only edges the Canadian manufacturer into the territory of Airbus Industrie and Boeing, but also throws down the gauntlet to Fairchild Dornier, which has its own 90-seat jet ambitions. Bombardier admits that its ...
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FLEET
Varig has signed for four Boeing 777-200s, 10 737-800s, four 737-700s, six 767-300ERs and has placed options for another four 777-200s and 11 737-700s. Another 777 customer is American Airlines, with 15 more 777-200ERs for delivery from March 2000. Package delivery company UPS has ordered 30 Airbus A300F4-600Rs, plus ...
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Eagle eyes all-jet fleet
American Airlines regional subsidiary American Eagle is planning to become an all-jet operation - a declaration that will put pressure on other US regionals to follow suit. American Eagle confirmed at the UK's Farnborough air show in September that it is to buy 75 Embraer RJ-135 37-seat jets. The ...
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Air India may seek equity
The efforts are on to sell the Indian Government's majority shareholdings in Air India and Indian Airlines. In September, the Disinvestment Commission drafted a detailed plan to sell the 60% stake in Air India, and finance minister Yashwanth Sinha announced the disinvestment of 51% of Indian Airlines. The commission ...
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Lease for SALE
Dubai-based Emirates has converted one option for an Airbus A330-200, adding to the 16 Rolls-Royce Trent 700-powered A330s it already has on order. The previously announced order for six A340-500s, and options for 10 more, was signed on 8 September. The airline has also said it will lease Singapore Aircraft ...
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Sydney's second airport in doubt
Support for a second Sydney airport is shrinking fast, and even the optimists have given up hope of a new airport being open when Sydney hosts the Olympic Games in 2000. A final environmental study (EIS) is still due later this year but is unlikely to reverse the declining ...
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Cost cuts lift Qantas and Air New Zealand
Cost-cutting continues to underpin strong financial performances by Australasia's two main international carriers, Qantas and Air New Zealand, while the region's third biggest carrier, Ansett, prepares radical measures to fix its cost problems. Investors remain worried by Qantas' exposure to Asia, in spite of management efforts to reduce that ...
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Asians climb out of currency crisis
Two of the flag carriers worst hit by the Asian currency collapse - Philippine Airlines and Indonesia's Garuda - have taken vital steps back from the abyss. PAL has resolved key labour problems while Garuda has renegotiated crippling US-dollar aircraft leases and gained government approval to increase domestic fares. ...
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The rouble plays Russian roulette
First it was the crisis in South East Asia. Now it is meltdown in Russia's financial system that is spreading panic in global markets. The lesson from Asia is that what may start with currency collapse swiftly and inevitably translates into damage for the real economy of production, output and ...
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A question of ownership
For all their advantages, global alliances can go only so far while the issue of foreign ownership remains unresolved US and UK negotiators sit down this month to thrash out a new open skies bilateral. They will face a barrage of pressure from anxious onlookers keen to see their interests ...
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EC faces tussles over slot sales
As US-UK open skies talks remained scheduled for early October, a clarification of the UK Government's position on the British Airways-American transatlantic alliance was awaited. In deciding how many slots the prospective alliance partners will have to relinquish at London Heathrow and Gatwick airports and whether or not they ...
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BA buys Airbus
British Airways has placed its first order with Airbus Industrie, confirming a deal for 39 A319s and 20 A320s, plus 129 options for a mix of A319s, A320s and A321s, with deliveries starting in September 1999. BA has also ordered 16 more Boeing 777-200s. Source: Airline Business
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British Airways GOes into cut-throat price battleground
Less than five months after British Airways started up its controversial low-cost operation at London Stansted, GO has sparked off what promises to be a cut-throat price war in Europe. The battle began on 7 September, the day before GO launched onto the high density London-Edinburgh route. Determined to face ...
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Spanish launch
New Spanish regional European Regions Airlines (ERA) has outlined preliminary plans for a start-up early next year. The airline will base two ERJ-145s at Vitoria, from where it will develop a route network which will initially serve London, Paris, Stuttgart and Amsterdam. Source: Airline Business
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Russia crisis hits home
A contraction in the Russian airline industry is now almost inevitable, after nearly a month of financial uncertainty left the rouble heavily devalued from its level of mid-August. The devaluation will almost certainly lead to a general economic downturn in Russia with passenger numbers and cargo traffic both dropping off ...
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No limit to liabilities
The crash of Swissair's MD-11 last month could become something of a legal test case. The Swiss carrier is the first signatory to the International Air Transport Association's inter-carrier passenger liability agreement to have suffered a major crash. Insurers and lawyers are watching closely to see the size of damages. ...