All news – Page 7000
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AA set to win Latin stake?
Victory appeared close for American Airlines at presstime in its bid to capture a stake in Aerolineas Argentinas. Although American was making no comment and Continental Airlines, the other bidder, said it had not been informed of any decision, well informed sources in the US were saying that ...
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French kiss of life?
Air France is getting into shape with a healthier balance sheet and budding alliance strategy. But its privatisation plans could be scuppered by the new French government and union problems remain. Lois Jones reports from Paris. Inhale, exhale. Inhale, exhale. Anybody got a spare inhaler handy? Air France needs more ...
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Alitalia gets cash crutch
State aid conditions attached to Alitalia's capital injection present few surprises, other than the insistence on the removal of the carrier's monopoly rights on international routes and a potential loophole which could allow the carrier to circumvent restrictions on capacity expansion. The European Commission was set to rule ...
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Business revolution
While Ansett Australia is certain to benefit from its relationships with Air New Zealand, United and Singapore Airlines, the carrier knows that internal change is required to ensure a more profitable future. By Tom Ballantyne. When former Cathay Pacific managing director Rod Eddington took control of financially struggling Ansett ...
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Shifting sands
European carriers have taken the lead across the North Atlantic, and major airports like Detroit, Heathrow and Amsterdam have emerged as the clear winners. April Pearson examines the latest data on the US-Europe market. Newly released International Onboard traffic data demonstrates how much the most competitive airline market in the ...
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Union action is ailing BA
British Airways' chief executive Robert Ayling was forced to adopt a more conciliatory tone with the airline's largest trade union, the Transport and General Workers' Union when, during a three-day strike by cabin crew in early July, BA ground staff voted to reject the package of terms and conditions linked ...
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Taipei bids to reign in CAL
Taiwan's government is trying to take control of China Airlines before it is opened up to foreign ownership amid suggestions that Taipei is worried that mainland China may seek some of the equity. Taiwan's transport and communications ministry has demanded control of the carrier's holding company, China Aviation ...
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Unity comes to Caribbean
The Caribbean islands, jolted by the damaging implications the threatened pilot strike at American Airlines could have had on tourism to the region, have put aside internal differences to pursue a unified commercial aviation policy. Air Jamaica and Montego Bay Airport, now designated the carrier's hub for the ...
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Airports face down charge
Brussels' second attempt to push through legislation to harmonise airport charges in Europe has attracted the usual hail of criticism from both sides of the industry. Airport charges vary widely across the European Union. In its draft proposal, the Commission highlights a 'cost variation for these facilities and ...
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Bogota plays safe for FAA
Colombia's airlines are feeling the effects of an invigorated safety campaign aimed at convincing the US Federal Aviation Administration to upgrade Colombia from its Category II status under the FAA's controversial rating of the oversight practices of foreign civil aviation authorities. The country's third largest domestic carrier, Aero-Republica, ...
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Corruption is blot on world markets
The open-market creed which has become the rallying call for the international economy has its downside. Open markets have led to greater volatility on the foreign exchange markets, with countries like Thailand and Bulgaria having to adjust to speculative attack. Worse, open borders and unfettered internal markets have led to ...
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Xiamen joins China float
Xiamen Airlines looks set to become the fourth Chinese airline to go public, following the boost the domestic carrier has given to its majority shareholder China Southern Airlines in advance of its parent's late July stock market debut. At presstime, China Southern was heading for Hong Kong and ...
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Airline news
Icelandair will introduce four weekly flights to Minneapolis and two weekly flights to Helsinki in 1998. Olympic Airways commenced five weekly Athens-Budapest services on 22 June. Delta Air Lines is planning to operate daily Atlanta-Caracas services in December 1997, subject to government approval. Sabena ...
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Everyone hit as strikes get a grip
Employee morale slumps; airlines lose hard cash and goodwill; customers suffer. Short of a fatal accident, it's an airline chief executive's worst nightmare. Billions of dollars worth of shiny aircraft sit idly on the ground. Terminal buildings are thronged with displaced customers desperate to find a way to get to ...
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Power to the plans
As the major alliance partners strengthen the ties between their frequent flyer programmes, the combined power of FFPs to influence the all-important business class traveller has made frequent flyer plans more important to global alliances than codesharing. Report by Jackie Gallacher. 'It is the glue to hold the alliance together.' ...
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The price of loyalty
Frequent flyer plans have evolved into a network of partnerships based on the sale of air miles. Randy Petersen discusses FFP partnerships and compares the major programmes. Frequent flyer programmes have become big business. Considered the most popular form of loyalty marketing, they have also become text book examples ...
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SIA re-opens Indian file
Singapore Airlines looks set to become the first beneficiary of the latest twist in India's convoluted efforts to develop a coherent aviation policy. The country's new prime minister has directed the aviation ministry to abandon its two-month old ban on foreign ownership of domestic airlines, opening the door again to ...
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Jakarta trio seek remedy
Indonesia's financially battered airlines are taking extraordinary measures in their bids to turn around their performance, including the end to most domestic competition. Privately owned Sempati Air, with debts of more than US$300 million, has given up competing with national flag carrier Garuda Indonesia Airways and entered an ...
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KLM ponders US disposal
As KLM increased its holding in Air UK to 100 per cent, speculation was mounting that the Dutch major was close to selling its 19 per cent stake in partner Northwest Airlines. The move by KLM to sell its stake in Northwest is seen by analysts as the ...
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Five vie for cut of LAM
Three airlines have emerged as bidders for a stake in LAM Mozambique Airlines, with a decision due by October. In total five consortia, including three led by TAP Air Portugal, South African Airways, and Air Mauritius, have pre-qualified to bid for a 51 per cent stake in the ...