All news – Page 7658
-
News
FedEx sways on Subic Bay
Amidst all the heat generated from the trade friction between the US and Japan on aviation matters, Federal Express stands out as the clear winner at home and abroad. In Washington, the express freight company's political sway has influenced the highest reaches of government. In Asia, the Japan dispute has ...
-
News
Big boost for liability limits
The Kuala Lumpur protocols are set to upstage the much-maligned Montreal protocols on airline liability for passenger claims. If all goes as expected, a proposal adopted by 67 airlines will be approved at the International Air Transport Association meeting in Malaysia in October. It took persistent badgering by ...
-
News
Austria rivals set for battle
Austrian Airlines has called on partners Swissair and Tyrolean to support it in the battle against rivals Lauda Air and Lufthansa as the German Monopolies Commission investigates whether Lufthansa's influence on Lauda is a dominating one. The German carrier owns 39.7 per cent of Lauda Air, with a ...
-
News
A penchant for polarity
As Washington watches with amazement as the Democratic party essentially disintegrates, it is equally intrigued by the Republicans, who appear impervious to disunity. But if there is one certainty in this town, it is that things are not usually as they appear. Republicans may have stuck together with ...
-
News
Equity links act as lifeline
The chances of an airline alliance surviving are increased threefold if there are equity links between the partners, according to an analysis of all airline alliances undertaken by Boston Consulting Group. The same analysis, presented at a recent IIR/Airline Business conference, shows that the survival rate of intercontinental alliances is ...
-
News
Doubts fail to rip Oz
Despite two outstanding strategic issues clouding the long awaited privatisation of Qantas, initial investor interest appears solid. But a reduced issue price is threatening to cut dramatically the value of British Airways' 25 per cent investment and shrink the expected returns for the federal coffers. As applications for ...
-
News
No goodbye to Tata deal?
Singapore Airlines' plans to invest US$230 million in a 40 per cent share of a new Indian domestic may be stuck in the mire of Delhi politics, but the airline maintains they are far from buried. The new carrier, a joint venture with India's biggest conglomerate, Tata Industries, ...
-
News
No strike but little accord
Roberto Schisano, Alitalia's managing director, continues to be thwarted by his pilots, and has only achieved a guarantee of three strike-free months with no salary concessions in sight. The government intervened in March to begin a consultation document which was finalised and presented to management and unions in ...
-
News
New chapter
After 20 months of operating out of bankruptcy, TWA re-entered Chapter 11 protection in early July. The filing is prepackaged - as it was when it sought protection in January 1992 - and will give creditors a 70 per cent stake in the 'new' TWA in a $500 million debt-for-equity ...
-
News
Investors favour Valu
For some carriers media scrutiny at times of misfortune adds fuel to the fire. But not for ValuJet Airlines. The darling of Wall Street and consumers alike seems to have sidestepped a recent spate of bad luck. Lewis Jordan, president of the Atlanta-based carrier, waves off suggestions that ...
-
News
The digital age: A virtual reality?
Second-guessing future developments will help airlines in key areas like distribution.Good morning. It's 0800 local time on 1 August 2005. This synthesised, virtual reality, digital Airline Business newscast is brought to you, wherever you are, by satellite from London. The top stories this morning: * United Lufthansa buys final tranche ...
-
News
Indian feed for starters
A third tier of Indian feeder carriers is emerging as more turboprop operators, backed by state governments and investment from home and abroad, start up in a potentially lucrative market. The smaller carriers will fill the gap below the country's jet operators, which, with profitability still eluding them, ...
-
News
Latvian revamp?
The Latvian government and privatisation agency have given the go ahead for Baltic International USA (BIUSA) to set up a new Latvian flag carrier in a joint venture with SAS, according to BIUSA. The move means Latavio will close or be reduced to charter only. SAS refuses to confirm its ...
-
News
LAX land fee row rolls on
US airlines continue their landing-fee battle with Los Angeles International Airport (LAX), but so far all they have made is a small dent in the increases, as new fees are imposed and the validity of the old ones is largely upheld by the Department of Transportation. In late ...
-
News
Iberia insists it is viable
As Spain assumes the presidency of the European Union, Iberia's management has taken a new tack in trying to convince the European Commission and industry critics that it should receive its controversial Pta130 billion ($1.07 billion) in state aid. Having blamed the recession, devaluation of the pesata, competition ...
-
News
CAI rejigs its restructuring
Having so far failed to achieve new concessions from its employees, Canadian Airlines International has said its 30 June deadline was an 'arbitrary' date, and that it needs 20 per cent less in labour savings than estimated in April. Since passing the deadline without new contracts, management at ...
-
News
Swedes root for Carlzon
A long-awaited shakeup in the ownership of Swedish independent Transwede will see a shift towards charter operations and a retreat back into scheduled domestic services. The change also sees the return of ex-SAS chief Jan Carlzon to the industry as president of new holding company Transpool and chairman ...
-
News
Germans win out on codes
A recent report on codesharing for the German ministry of transport has pushed Bonn to the centre of the debate in Europe, as Brussels prepares to launch its own long-awaited study. The report by the quasi-independent state research institute, DLR, is the first of its kind in Europe, following the ...
-
News
Commission targets UK
The European Commission is set to extend its legal challenge aimed at the six member states talking 'open skies' with the US to include the UK, in a seemingly unbalanced bid to win external competence in air service negotiations. At presstime, the Commission was set to initiate legal ...
-
News
Sanders/ITT Joint Bid
Lockheed Martin's Sanders unit and ITT Avionics have teamed to bid for the integrated defensive electronic-countermeasures (IDECM) system to be used to defend US military aircraft, including the US Navy's McDonnell Douglas F-18E/Fs. Under the teaming arrangement, Sanders would serve as the prime contractor. Both firms supply the Pentagon with ...