All news – Page 7596
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Air Afrique states case
We have been deeply upset by the article 'Eleven oust Afrique boss' (Airline Business, June) commenting on Yves Roland-Billecart's departure from Air Afrique. Roland-Billecart's decision to resign was a consequence of the resolution from the Ministers of Transport of Air Afrique's owner states to separate the functions of chairman ...
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Russia gets Euro boost
The European Commission is inviting consultants to tender for three studies to assess the commercialisation and upgrading of Russia's airports, which could lead to privatisation of the sector. The Commission will select the winner for each of the year-long studies in September. The studies are part of a ...
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North open by year end?
Iata claims to have brokered an agreement to open North Korean airspace to all carriers from December, producing annual savings to effected carriers of US$125 million through flight time savings. The breakthrough comes after 18 months of talks between Iata and Pyongyang. But the scheme may yet face ...
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All together in the Middle East
The collapse in yields to the Indian subcontinent and the Philippines has pushed carriers in the Middle East into a fares pact aimed at stemming the decline. Gulf Air, Emirates and Kuwait Airways agreed at a meeting in Kuwait in June to raise market fares on sectors to ...
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TWA resists Pan Am rerun
After years of proving detractors wrong and just as the carrier was showing signs of recovery, TWA is once again fighting to prove that it can survive, following the crash of Flight 800 off New York's Long Island on 17 July. In the three weeks that followed the ...
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Dual policy is under fire
Less than two years after its launch, Canada's restrictive policy for dual designation of Canadian carriers on international routes is under serious attack. Air Canada and a coalition of charter carriers have intensified their campaign for a more open designation system, leading some officials to predict that the policy could ...
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Merger off
An Indian government panel has rejected plans to merge the unprofitable operations of Air India and Indian Airlines, suggesting that a larger entity would have even more trouble reacting to market changes. A merger would also give the combined airline over 20 unions. Source: Airline Business
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No Easy ride in the World
The European Commission may need to act sharply to toughen up competition law enforcement, as newcomers EasyJet, World Airlines and VLM file complaints against incumbents' alleged anti-competitive behaviour. World Airlines says KLM affiliate Air UK is guilty of predatory behaviour on London-Amsterdam, while EasyJet accuses KLM itself of ...
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Aria on verge of merger?
Speculation is mounting in Moscow that state-controlled Aeroflot Russian International Airlines (Aria) and private operator Transaero are close to a merger. Rumours were fuelled in early July when the rival carriers signed a cooperation deal, which envisages codesharing and joint fleet planning. One aviation source in ...
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Iberia's boss
The new Spanish government has appointed US-born Xabier de Irala Estevez, a former vice president of General Electric in France, as chairman of Iberia. Source: Airline Business
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Running for cover
The war in former Yugoslavia highlighted some problems for that invention of the previous decade, political risk insurance for aircraft lenders. Angus von Schoenberg tells how the insurance product has developed and matured. Political risk insurance (PRI) as a form of security for aircraft financiers is no longer the new, ...
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Where angels fear to tread
An unprecedented restructuring plan has put Avensa back in the black amid economic chaos, but has also attracted fierce criticism. Flag carrier Viasa has lost out to its rival in both the domestic and US markets and as it struggles to fight back, new entrants are appearing on the scene. ...
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Thai tight rope
The embattled president of Thai's flag carrier is hoping that he can avoid further sniping and get on with a much-needed revamp of the airline. Imtiaz Muqbil reports from Bangkok. Thamnoon Wanglee might want to consider a career in the circus, if he wasn't already performing a high-wire act as ...
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ValuJet's long shadow
US The crash of ValuJet Flight 592 in May has had more impact on the US airline industry than any other commercial aviation tragedy. Mead Jennings explores the longer-term repercussions of the ValuJet affair. The repercussions of the crash of a 27-year-old ValuJet Airlines DC-9 in Florida's Everglades, which killed ...
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Mandela inspires trade into Africa
After more than a decade of being regarded as a lost cause, there are increasing signs that sub-Saharan Africa is making a return to the global economic and political system. In the 1990s, apart from periodic bouts of brutal violence in countries as diverse as Rwanda, Burundi, Liberia and Nigeria, ...
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Washington now Virgin territory?
As Virgin Atlantic makes its presence felt in the US-UK open skies negotiations, Washington's commonly held wisdom that British Airways holds nearly complete sway over the UK's international aviation policy is being put to the test. BA, which wants an open skies pact so it can seek antitrust ...
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Airline news
Canadian Air Cargo and American Airlines Cargo begin an alliance on 1 September. Canadian Air Cargo will be general sales agent for its US partner in Canada and American will be GSA for Canadian Air Cargo in the US, Latin America and the Caribbean. Continental Airlines plans to ...
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China's links are at stake
The clearing of the aeropolitical clouds over Hong Kong may be having a downwind effect in Taiwan, where direct air links with China (PRC) are moving from political rhetoric to actual preparation. Wang Guixiang, chairman of China National Aviation Corporation and new chairman of Dragonair, was the first ...
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Qantas faces union threat
Qantas's management is facing confrontation with unions over a new wage agreement as it launches a drive to try to control costs and improve on disappointing productivity gains. Flight attendants and ground workers have already hinted at industrial action if they fail to win agreement on across the ...
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HAL hopes
Hawaiian Air could raise over $36 million through a rights offering to its shareholders. As part of an agreement early this year allowing Airline Investor Partnership to take control of the airline for $20 million in cash, AIP agreed to give other shareholders a chance to buy 12 million additional ...