All news – Page 7380
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Alliances still not immune from risk
Immunity is in the air. First in this year's clutch came United-Lufthansa, followed by Delta-Swissair-Austrian-Sabena and American-Canadian (even without open skies between the US and Canada). Next up will be United-Air Canada. Then, probably later rather than sooner, American and British Airways will be seeking what has recently become the ...
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Two Chinas to build 100?
Taiwan Aerospace Corporation appears to have found a regional aircraft partner in the most unlikely place, after claiming that it has reached an agreement in principle on a production and ownership role in the Chinese-led Asian Express AE-100 project. But four serious doubts still persist over the venture. ...
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Will four into Saeaga go?
Improving relations between Malaysia and the Philippines have led the countries' political leaders to put the concept of a multinational east Asian airline back on the agenda. The proposed carrier, which would be jointly-owned by the four members of the East Asean Growth Area (EAGA): Malaysia, the Philippines, ...
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Ansett deal's finally done
At long last. Air New Zealand's two-year odyssey to win approval for its bid to take a 50 per cent stake in Australia's Ansett finally came to a successful end in early June, at the same time as the prospect for the rebirth of the single trans-Tasman aviation market brightened. ...
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HK hat trick
Planners are already studying the feasibility of a third runway at Hong Kong's new Chek Lap Kok airport, just weeks after a surprise Sino-UK agreement to approve construction of a second runway. Even with the second runway CLK is forecast to run out of capacity within eight years. ...
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No trust in a joint venture
Joint ventures proposed by General Electric and Pratt & Whitney to develop an engine for the stretched B747X, and a possible alliance between McDonnell Douglas and Dasa to work on the Airbus A3XX, pose questions about how antitrust laws apply when rivals retain separate identities but pool efforts. ...
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MAS largess foots the bill
Malaysia Airlines is facing a large increase in its wages bill, which has already affected the carrier's second half financial results, after signing new pay agreements covering almost its entire workforce. The 14,000 members of the Malaysia Airlines Employees Union (Maseu) get rises of between 20 and 26.8 ...
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China boost for Japanese
Japan's major airlines have won clearance to use a new air corridor to Beijing which will save them millions of dollars annually in operating costs and could give them a significant competitive advantage over US rivals. Flight times from Japan to the Chinese capital will be slashed by ...
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Thai muscles in on second
Despite the denials of bureaucrats, there are growing signs that Thai Airways International will get its hook into the second airline, which was given the go-ahead in late May. The first and perhaps most ominous sign of this is in the final terms of reference, which omitted the ...
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Codes jump Tokyo hurdle
The three US carriers which lack rights beyond Japan are finding ways to bolster their Asian presence through new alliances. Scorning conventional wisdom says that it is not commercially feasible for trans-Pacific services to bypass Japan, they are relying on codeshares to boost access to Asia. Continental Airlines ...
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Alliance flop?
No alliance can hope to survive and prosper when the partners are at each others' throats. A clear message runs through this month's cover story about KLM/Northwest: what a pity if the world's most successful airline alliance were destroyed by infighting. If asked about the conditions needed for ...
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New Airbus at a stretch
Airbus Industrie and its four owners are preparing for long and complex negotiations about restructuring the partnership. In a report due in July, the four-man committee headed by former Daimler Benz chairman Edzard Reuter will discuss the options, now that the French, German, UK and Spanish governments have agreed in ...
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Is there any Valu left?
Besides becoming one of the most scrutinised tragedies in US aviation history, the May crash of ValuJet flight 592 has also become one of the most politicised. The low-cost carrier's survival depends on whether it can withstand an intense federal safety audit and re-launch its image while keeping its costs ...
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Row boils up over pricing
The European Commission is considering regulating air fares in Europe in a bid to cut disproportionately high prices on many routes without competition. A heated debate is certain to develop when the Commission publishes its report in July, which will analyse the progress of liberalisation. The study will also focus ...
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Barbara's off
The Venezuelan startup, Santa Barbara Airlines, is planning to start operations by the end of the year on both domestic and regional routes from its Maracaibo hub. The carrier is still evaluating three turboprops, the ATR42, Dash 8-300 and Fokker 50, before making its final selection. Source: Airline ...
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US ticket tax battle peaks
Several US airlines have been in the odd position of lobbying for the reimposition of a 10 per cent ticket tax, which has not been in effect since the beginning of the year and whose absence was credited for helping spur record carrier profits during the traditionally slow winter period. ...
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Modi loses German link
The termination of Lufthansa's technical agreement with ModiLuft is a severe body blow to the cash-strapped Indian independent but does not spell the end of the German carrier's involvement in the subcontinent. The decision in late May to terminate the relationship with ModiLuft is a result of the ...
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Cash stymies Euro startups
In his article 'Europe's Cost Crisis' (Airline Business, May), Hugh Parry failed to emphasise the biggest barrier to entry in launching a Southwest style startup in Europe - namely, money. Obtaining adequate seed financing is traditionally much harder in Europe than in the US, particularly for high risk ...
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Who? What?
I liked your editorial 'So what's in a name' (Airline Business, April). Your point that 'employees need to feel a sense of identity, of belonging to an organisation which they understand and relate to' is right on the mark. Our research shows that many service companies have reputations ...
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Financial results
Air-India moved to a loss despite sales growth of almost 10%. The carrier blamed competition and interest charges and depreciation on its B747-400s. British Midland's pretax profit fell 7% to £4.1m (US$6.4m) but the Manx and Loganair regional airlines moved from a £5.1m loss to a £1.3m profit. ...