All Networks articles – Page 1118
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News
Olympic maps out recovery plan
GÜNTER ENDRES ATHENS November could go down in history as the month when Olympic Airways finally turned the corner in its perennial battle for survival. After the completion of a 12 week evaluation, the new BA Speedwing management team led by former Air Europe managing director Rod Lynch has ...
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Slots Logjam
ALAN GEORGE BRUSSELS KEVIN O'TOOLE LONDON Hopes are growing that the new team at the European Commission could finally end the long wait for new regulations on airport slot allocation. Even the contentious issue of slot trading could be back on the agenda. Could Europe at last be ...
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JFK Reconstructs
CAROLE SHIFRIN NEW YORK Billions of dollars are being pumped into New York's once run-down Kennedy airport to make the USA's east coast gateway fit for the 21st century A largely faded symbol of the new world of international aviation, New York's John F Kennedy International Airport is undergoing a ...
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Mixed messages from Japan
On the surface, results from Japan's big three carriers seemed to offer a few grounds for optimism. All showed better operating profits for the first half of their latest financial years, yet concerns linger. Lower fares have stimulated traffic and changes in depreciation have skewed results so it is still ...
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Study reveals steady safety improvement
David Learmount/LONDON Airline safety is improving more quickly than traditional statistics indicate, says a study by Airclaims in association with the European Union. The annual number of aircraft totally destroyed in airline accidents has been steady since 1970, despite a 350% expansion of the world fleet and an increase ...
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Life in the Hot Seat
NICHOLAS IONIDE COLOMBO After a tough year, SriLankan Airlines chief executive, Peter Hill, is confident that the future of the troubled carrier will improve As he takes his seat in the boardroom, SriLankan Airlines chief executive officer Peter Hill has a request: that he is not quoted verbatim. His request ...
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Tokyo's promised runways get nearer
DAVE KNIBB SEATTLE Three separate initiatives, including a decision on a new airport, are underway to boost runway capacity in Tokyo, which remains Asia's biggest and most congested gateway. Construction could start before the end of the year on a second runway at Narita, allowing more room for regional services ...
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The first signs of light?
Results of the summer's capacity hike are starting to show through in Europe's latest results, but Commerzbank's Chris Tarry detects signs that the worst may be over. Leading off the latest round of reporting for the major European airlines, both KLM and British Airways have provided the first tangible evidence ...
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Europe nears harmonised working hours
ALAN GEORGE BRUSSELS Key industry organisations are close to a general agreement on how part of the European Union's Working Time Directive, which sets a range of binding standards on working hours, can be applied to aviation. On 15 October, the European Commission (EC) and industry groups agreed a ...
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JEA ready to take over CityJet
Chris Jasper/LONDON UK cargo and wet-lease specialist Air Foyle is planning to pull out of Irish carrier CityJet, with regional operator Jersey European Airways (JEA) favourite to step into the breach. Air Foyle took control of CityJet earlier this year, but industry sources say the Dublin-based airline "has proved to ...
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Capitol route to chaos
KAREN WALKER WASHINGTON DC Everyone in the USA agrees that urgent action is needed to cope with increasing capacity constraints. The problem remains how to wrench control from Congress. Democracy may have notched another coup on 10 November, but it was a bitterly disappointing day for the US air traffic ...
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Cape Town service hits a setback
ROGER MAKINGS JOHANNESBURG Plans by Nationwide Air, a domestic South African carrier, to link with Virgin Atlantic in starting a new service between Cape Town and London Heathrow have met with initial failure. Nationwide had applied for a temporary licence to fly the route weekly using a wet-leased Virgin ...
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Judge rules out Canadian's takeover
DAVID KNIBB SEATTLE Everything came to a screeching halt late on the last business day before shareholders were set to vote on the counter-proposals from Onex and Air Canada. Quebec judge Justice Wery ruled that Onex's offer to acquire 31% of Air Canada and merge it with Canadian was illegal. ...
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Brighter spots on horizon for USA
Given heavy losses from Trans World Airlines and US Airways, the latest round of third quarter results from the US majors could have played much worse on Wall Street than it seems to have done. Most aviation analysts were keen to point to some bright spots on the industry's horizon ...
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In Brief
AA-BA revisit alliance In a move that has drawn fire from UK rival British Midland, British Airways has submitted a joint application with American Airlines for US approval to start codesharing between Chicago and New York, and eight UK cities, excluding London. The alliance partners also aim to share ...
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In Brief
WTO rules on aircraft tax Washington has appealed against a World Trade Organisation (WTO) ruling that foreign sales corporations are an illegal subsidy. US exporters use these corporations to shield income from tax. That creates opportunities for tax-based leasing on such exports as aircraft. If the ruling stands, Boeing ...
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In Brief
Vanguard to boost short-haul Kansas-based Vanguard Airlines has signed a letter of intent to lease six Boeing 737-200s from US Airways Leasing &Sales for delivery in the first quarter of next year. By expanding its fleet of 13 737-200s the airline says it will be able to pursue its ...
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No borders, please
In documenting a sorry year for European air traffic management (ATM) - so far - the independent Performance Review Commission (PRC) has nevertheless thrown the industry more than a few crumbs of comfort. There is considerable latent traffic capacity, it says, which is waiting to be released, and all that ...
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Hong Kong starts US bilateral round
Hong Kong and the USA were due to have opened their first round of air services talks in four years in mid November in a key test of Hong Kong's resolve to liberalise. The two-day round was due to have begun on 17 November in Washington DC with ...
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KAL to face further operating ban
NICHOLAS IONIDES/ATI SINGAPORE Korean Air (KAL) faced further criticism in November when a US NTSB report concluded that the 1997 crash of one of its Boeing 747-300s on Guam was largely due to pilot error. South Korea's Civil Aviation Bureau (KCAB) - also criticised in the report for not ...