All news – Page 7533
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Alitalia faces capital test
Alitalia is treading a fine line as it finalises its new restructuring plan, trying to avoid the attentions of Brussels over its capital injection and further conflict with its unions. At presstime, the Italian flag was considering a report on Alitalia's restructuring drawn up by an independent financial ...
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Germans hit Milan plans
Lufthansa has revealed the sway it has over its partners with the closure of Lauda Air's Milan hub in mid-November after consultation with the German major. The hub was opened in April in a bid to get a head start on rivals in anticipation of a government plan ...
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Euro unions strike out
The signs in Europe for labour relations are ominous - and it's not just carriers with the more 'radical' unions facing a difficult start to the year. Strike action at Sabena started at the end of Nov-ember with one-day strikes after management cancelled all labour contracts. ...
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Mexico goes into a shell
Aeromexico and Mexicana should come under the oversight of a holding company by the end of the month. The search for potential buyers for the single entity could begin once the slow process of putting the two carriers' finances in order is complete. The holding company, called the ...
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Delta joins low-cost club
Delta Air Lines' success in getting a tentative agreement from its pilots on the establishment of a low-cost airline is seen as a direct result of Southwest Airlines' moving into Florida this month. It is also an opening move in the row over pilot concessions. Delta has studied ...
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US faces labour strife
The state of US aviation labour relations does not bode well for the new year, with union negotiations due at Northwest Airlines, USAir and United Airlines, among others. By early December, the 32,500 members of the International Association of Machinists and Aerospace Workers at Boeing had been on ...
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USAir looks to life alone
After its brief fling with United Airlines, USAir is settling down, if only momentarily, to its old position: alone with its high costs amidst a bevy of low-cost players. The only new wrinkle is that the airline may soon face even tougher competition, if Delta Air Lines succeeds in creating ...
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A system approach
O&D revenue management systems can increase an airline's revenues by a valuable 1 per cent, but they require airline managers to look at the system as a whole rather than an individual route. Richard Whitaker looks at one and answers common questions about the concept. Every yield manager knows that ...
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Brussels fails to use its muscles
The new European Commission has held office for a year but has little to show for its efforts, despite the initial hype. Mark Odell looks at Brussels' performance in regulating a market where competition is on the increase.When Neil Kinnock took over as the new European transport commissioner in January ...
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Smooth operators
The third package not only improved market access, it gave European Economic Area carriers the ability to choose the most favourable environment for their operations. Dermot Scully reports on the advantages of using more than one licence.European airlines are beginning to recognise the full extent of the potential benefits ...
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Solo act in Doha
Now two years old, Qatar Airways has survived the pain of its launch period. But the carrier still has to transform Doha from a regional outpost into a global hub able to compete with Dubai and Bahrain. Report by Sara Guild. One expects to find a sheikh up front, but ...
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Hubs and partners
Since being spun off into the world's first separate airline cargo subsidiary last January, Lufthansa Cargo has been free to pursue its aggressive global network strategy. Jackie Gallacher reports.As the biggest non-integrated cargo carrier in the world and the second largest air freight carrier after Federal Express, Lufthansa Cargo Airlines ...
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Hanoi hangups
Vietnam Airlines is going for controlled growth in a volatile economy, but the political climate has ruled out its near-term access to foreign capital. Tom Ballantyne reports.It is a classic case of Communist doctrine versus free market thinking. Vietnam's economic reform policy - known as doi moi - was designed ...
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New chapter of growth
A year after emerging from bankruptcy, America West is resuming growth, but this time the carrier plans to do things differently. By David Knibb.America West Airlines has unveiled a business plan designed to leave its checkered past behind and set a smooth course for at least the next two years. ...
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Airline news
EVA Air was due to launch services from Taipei to Macau, Los Angeles and Panama in December and will begin Hong Kong services in February. Emirates has launched services to Ho Chi Minh City and Nairobi, both on a twice weekly basis. Elsewhere the carrier has launched Mercator, ...
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Financial results
Air Canada's international passenger sales jumped 25% and operating income rose 14.4%. There was a US$43m gain on the sale of warrants. The move into profit was helped by lower debt, but comes before a charge for cabin crew redundancies. A full-year loss of $240m is expected. ...
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Surfers take to the air
Users of the Internet's World Wide Web spend around $40 billion a year on air travel, equivalent to the annual passenger revenues of the top three US majors combined, according to San Diego-based market research company CIC Research. Moreover, the majority are interested in using the Web to get travel ...
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Trouble in store despite recovery
Some majors face alliance upheaval, more startups and threats to costs. Did you think that stability had returned to the airline business? Were you lulled into a sense of security by a return to profits? Did you think that most carriers had now defined their long-term strategies and established their ...
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Lloyd's find out what's in a Name
After several horrendous years in which the accumulated losses of the London insurance market climbed to £8.2 billion ($12.7 billion), it is at last possible to believe that Lloyd's is far enough along the road to recovery and reform to remain a significant factor in the global insurance industry. ...