All news – Page 7354
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Ozzy for sale
A consortium led by Amsterdam/Schiphol airport has bought Brisbane airport for US$1.1 billion, while Australia Pacific Airports Corporation, which includes the UK's BAA, has bought Melbourne Airport for US$1 billion. Perth Airport has gone to a consortium led by Lockheed Martin and Soros Capital for US$502 million. ...
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Oslo calling
This year's ASM/Airline Business route planning forum, Routes Oslo 97, will be held on 15-16 September in Oslo. It will incorporate the first Routes Airport Marketing Awards. Details from ASM on +44 161 832 2120, or by fax on +44 161 839 4252. Source: Airline Business
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Bidders line up for Iberia
European and US airlines are lining up to take a stake in Iberia as only two carriers remain in the fray for part of the Spanish flag carrier's former holding in Aerolineas Argentinas. A senior source at Iberia has disclosed that Air France, American Airlines, British Airways, Continental ...
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Malay duo to share routes
Malaysia's second international carrier AirAsia is planning a rapid expansion programme but this is unlikely to trouble incumbent Malaysia Airlines after the two carriers agreed to avoid competition. Operating as Pacific Eagle, the carrier is set to launch services to Shanghai in China - alongside MAS - and ...
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French make waves in Fiji
It's normally the US that stands accused of neo-colonialism. But not to be outdone, France has decided it too can play the game and the focus of its efforts is the tiny Pacific island of Fiji. The island's government, a major recipient of overseas aid from the European ...
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BA fuels Air Algerie spat
Air Algérie hasn't exactly received the warmest welcome back to Paris/Charles de Gaulle since it resumed flights from the airport in April, with British Airways leading a 34-airline protest against security arrangements at the French airport. The UK carrier is concerned about sharing a baggage conveyor with Air ...
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Alitalia too late for aid?
Alitalia appears to be a victim of the 'first come, first served' principle. Brussels has rejected the Italian carrier's amended restructuring plan yet cleared Air France's final tranche of state aid. But the legal challenge to Air France's aid has moved a step further. The Commission informed Alitalia ...
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Partners for now
Every year sees a major change to the global alliance movement and this year's survey, the fourth consecutive since 1994/95, is no exception. Last year SAS left the European Quality Alliance for Lufthansa, while this time British Airways ditched its codeshare with US Airways in favour of American Airlines. With ...
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ANA homes in on losses
All Nippon Airways believes it may soon be able to restructure its massive domestic network by dropping a significant number of unprofitable routes, a move barred until now under government regulation. The airline says it 'understands' further domestic liberalisation, which has already seen an easing of fare controls ...
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The good European
What do you get if you cross an English mother company with French and German subsidiaries? The airline industry is still waiting for the punchline as British Airways pursues its so far unprofitable attempts to move into the French and German domestic markets via subsidiaries TAT/Air Liberté and Deutsche BA. ...
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Foreigners out
India's ban on foreign airlines investing in domestic carriers still stands, despite the collapse of the government in April. New prime minister Kumar Gujral has retained transport minister C M Ibrahim, architect of the foreign equity ban, while free marketeer P Chidambaram has resigned as finance minister. However, there is ...
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AA pilots' boost
American Airlines' pilots have overwhelmingly accepted the latest terms of their new contract, removing any threat of strike and allowing the airline to confirm its exclusive purchase agreement with Boeing. The Allied Pilots Association voted 69 per cent in favour of the new contract, which provides a 9 per cent ...
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Cathay axes offshore plan
Plans by Hong Kong flag carrier Cathay Pacific to cut labour costs by setting up a cabin crew base in Bangkok have had to be abandoned following complaints by attendants that the rostering system was unworkable. The move is a body blow to a longer term scheme to ...
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US opens up centre
Sceptics could be forgiven for questioning the true 'open' nature ofthe new US open skies agreements with six Central American countries since carriers from two of the countries are prohibited from flying to the US. Costa Rica, El Salvador, Honduras, Guatemala, Nicaragua and Panama each signed open skies ...
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CNAC enters stock race
Two of China's leading aviation companies are embroiled in a race to list on the Hong Kong stock exchange before the territory is handed over to Beijing's control on 1 July, with sources suggesting only one is likely to succeed. Guangzhou-based China Southern Airlines is still trying to ...
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West sends clear signals over HK
There will be no more important global event this decade than the handover of Hong Kong, the most advanced economy in Asia (excluding Japan), to its neighbour in the north, the People's Republic of China. When the Union Jack is finally lowered at midnight on the last day ...
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Who dares follow Crandall's path?
Somewhat ruefully, a speaker at AvMan's recent CEO conference for Latin American and Caribbean airlines remarked that it now seems as if all roads lead to Bob Crandall, American Airlines' president and chief executive officer. There is a wide gulf, however, between those who eagerly hope to tread that path ...
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Airline News
Continental Airlines is to start daily nonstop flights from New York/Newark to Sao Paulo and Rio de Janerio on 10 July. Continental Express was to launch three daily services from Cleveland/Hopkins to Raleigh-Durham on 1 May as well as three daily flights to Norfolk, Virginia via Washington/Dulles and a daily ...
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Boeing's actions require scrutiny
Sole-supplier deals could stifle competition and reduce the impetus to innovate. When a company with the size and influence of Boeing flexes its muscles, everybody had better sit up and take notice. Recently, there's been plenty of muscle-flexing in Seattle. Boeing has signed sole-supplier deals with American Airlines ...