All news – Page 7705
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Not so easy
Where are the Southwests of Europe? As 1997 fast approaches, Sara Guild talks to the sole example, Ryanair, and looks at the difficulties of establishing the profitable low cost, low fare European airline. Tentative inquiries from the US are reaching the ears of would-be European airline companies. Two years away ...
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Making it work
Though airline alliances will come and go in the years to come, this survey demonstrates that they will almost certainly remain a strong feature of the industry. Despite some significant deletions since last year, particularly in the realm of route specific cooperation, each time an agreement has died another partnership ...
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A fighting chance
Aer Lingus managers have yet to solve the airline's problems on UK regional routes and must complete the restructuring of the rest of the group in order to secure the final payment of state aid. Mark Odell reports from Dublin.When the European Commission gave a derogation to the Irish government ...
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Chinese drop guarantees
Air China has made history as the first Chinese airline to finance most of a new aircraft purchase without a bank guarantee. But the chances that others will soon follow suit have diminished with a recent rating downgrade for non-sovereign Chinese debt. Pressure has been mounting on China's ...
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China cramps Taipei links
Taiwan is struggling to retain or expand regional air links in the face of Beijing's campaign to isolate the island state and force it into direct ties with mainland China. The commercial agreement that serves as a bilateral between Taiwan and Hong Kong was extended for an interim ...
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Airline news
Korean Air has begun operations to Aomori, Japan. The thrice weekly service uses a Fokker 100. Emirates will start flights to Nairobi and Ho Chi Minh City from the end of October. Both destinations will be twice weekly and use A310s. SAS is to resume its ...
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Home sales, closed ranks
The sale of stakes in three of Taiwan's larger domestic airlines in less than a month appears to be linked to Taipei's plan to open international routes to these airlines. EVA Air paid $13 million for 20 per cent of Great China Airlines and $18 million for 32 ...
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What's in a code?
After a year of research, two US government-sponsored studies on codesharing alliances are complete. Mead Jennings says the findings confirm what most airlines have already known for some time: codesharing pays. In the early part of 1994, US transportation officials began to question the precepts of the 'glue' that ...
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Spreading the free trade gospel
The world economic summit in Halifax, Nova Scotia, is an important time for the post second world war global institutions. It will set the direction for reshaping the organisations which have contributed to the peace since 1945 and which, since the end of the Cold War, have been spreading ...
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Virgin hopes for Oz link
Malaysia Airlines' codeshare link with Virgin Atlantic Airways on the Kangaroo Route hit unexpected turbulance when the Australian government declined to approve it. However, at presstime Virgin officials were hopeful of a positive outcome by mid-May, allowing the codesharing to start by early June. Canberra's refusal to clear ...
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Qantas/BA green light
British Airways and Qantas are set to win approval from Australia's Trade Practices Commission (TPC) for their controversial revenue pooling and price arranging plans for the loss-making Kangaroo Route, though with some tough conditions attached. Approval will be strictly limited to cooperation on flights between Australia and Europe ...
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Cathay HK role threat
The future of Hong Kong's Cathay Pacific looks increasingly uncertain as it attempts to fathom the motives behind a China National Aviation Corporation (CNAC) application for an air operator's certificate in the territory, in a move to set up a Chinese-controlled, Hong Kong-based international airline to compete with Cathay. ...
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Air NZ to take Ansett
News Corporation's Rupert Murdoch has agreed to sell his 50 per cent share in Ansett Australia to Air New Zealand for around A$500 million (US$365 million). But an announcement was delayed as Air NZ and its controlling shareholder Brierley Investments continued tough negotiations with the other Ansett shareholder, TNT, over ...
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JAL: cancel US bilateral
Japan Airlines has fired the opening shot in expected Japan-US aviation talks by calling for cancellation of the existing bilateral so that both sides can start with a clean slate. With talks imminent, JAL is signalling its determination to urge a harder line that is consistent with Tokyo's growing resistance ...
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Western help Uzbek style
Forget airline consultants. Uzbekistan Airways has come up with a novel way of obtaining western expertise: invest in a UK airline. European Airways, which operates a single domestic route, is 40 per cent owned by the CIS carrier. In exchange, managing director David Allen and board members are ...
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Amadeus in One
Amadeus has bought the SystemOne CRS from Continental Airlines. The airline receives 12.4 per cent of Amadeus and an undisclosed sum of money. The Lufthansa, Air France and Iberia stakes in Amadeus have been diluted to 29.2 per cent each. Source: Airline Business
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In defence of US policy
Last November, when transportation secretary Federico Pena publicly announced the first formal US international aviation policy since 1978, the support from all other parts of the federal government appeared to be unswerving. The policy, after all, was a product of the Clinton administration's 'collegial' approach to policy making. ...
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Alitalia pilots feel the heat
Alitalia is forcing its intransigent pilots into a corner. The recent move by management to convert lower cost domestic subsidiary Avianova to a regional European operation follows the decision to wet-lease B767s on some transatlantic routes. Both moves mean cheaper labour for Alitalia and less work for its pilots. ...
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Ryanair aims for jugular
In the highly sensitive area of European state aid, Irish independent Ryanair has decided enough is enough and aims to set a precedent when it takes the EC to court. Ryanair's action follows the Commission's decision to award Aer Lingus its second tranche of state aid despite the ...
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Bells ring in the changes
Time will tell whether the three recently announced major alliances are merely marriages of convenience or opportunities for long-term harmony and success. The wedding bells are ringing again. If successful, this month's three major new airline alliances will all change the balance of power in their respective markets. But ...