All Networks articles – Page 1126
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News
Mind the capacity gap
Chris Tarry of Commerzbank unveils a new model to measure the true gap between capacity growth and underlying traffic demand. A constant theme of our analysis over the last few months has been the relationship between capacity - or more precisely excess capacity - and yields. A recent surge ...
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Europe's majors call for liberalised transatlantic
ALAN GEORGE BRUSSELS The Association of European Airlines (AEA) has called for a renewed drive to establish a so-called Transatlantic Common Aviation Area, subject to a single regulatory framework. The AEA, the club of Europe's major carriers, makes the call in a draft policy paper scheduled for adoption at ...
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Delta buys Comair
Delta Air Lines is buying Comair Holdings, parent of Comair, in a $1.8 billion deal. Comair, based in Cincinnati, Ohio, is a Delta Connection regional carrier which feeds passengers from cities in the midwest and Florida to Delta's hubs in Cincinnati and Orlando. Comair chairman and chief executive David Mueller, ...
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In brief
Joint operations - Qantas Airways and British Airways are to merge commercial operations in Hong Kong from next April. The carriers say the new organisation is designated to integrate commercial operations such as telephone sales, ticketing and marketing. The two have joint operations in Indonesia, Malaysia, Singapore and Thailand. ...
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In brief
Air Canada expands in USA - Air Canada has signed a new code-share agreement with United Express carrier Atlantic Coast Airlines, effective from 31 October. The agreement will enable Air Canada to offer 11 new destinations along the Eastern seaboard via Washington Dulles and Chicago. Cuban contract for TransAer ...
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Births, deaths and marriages
Sifting the sands of global alliance networks is quickly becoming an art. Over the next year to 18 months this skill will be tested to the limits as exposed "independent" carriers seek shelter in global alliances. These are interesting times for alliance watchers everywhere. Swissair's long-running Atlantic Excellence alliance ...
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Iberia faces attack as shares go on sale
BARRY CROSS LONDON Iberia's initial public offering is finally going ahead on 22 November, following the resolution of a dispute between 9% shareholder British Airways and major company shareholder Caja Madrid over voting rights. A 53% stake held in the flag carrier by state holding company SEPI will be floated. ...
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Asia stays cautious despite signs of recovery
The latest round of financial results from Asia's airlines show how far the bulk of the region has come over the past year. But faced with continuing depressed yields in many markets, executives across the region feel compelled to warn that a full recovery is still a distant prospect. Carriers ...
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Arabian dream
CHUCK GRIEVE DUBAI A new commuter airline in the Arabian Gulf, is linking the UAE cities of Dubai and Abu Dhabi. Will it succeed where others have failed? Robin Cutts is a man for a quote. Like this one: "Airlines publish ambitions and then charge you for it." And: ...
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One Chinese merger plan fails, but another takeover is revived
NICHOLAS IONIDES BEIJING Merger talks between Air China and China Southern Airlines have ended in failure but supporters of consolidation in China's bloated airline sector will be pleased with another positive development: two other Chinese carriers have forged a tentative deal. Beijing-based industry sources say China National Aviation (CNAC), ...
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Free for all
KAREN WALKER WASHINGTON DC US plans for a modernised air traffic control system have undergone a sharp change in direction, making them evolutionary rather than revolutionary and putting the emphasis on government-industry collaboration. Such a programme is more likely to win Congressional support and become a reality. "Ask 10 controllers ...
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Alitalia plans strategy amid growing competition
Alitalia has announced an upbeat two-year strategic plan, but in the short term it could be in for a bumpy ride. The Italian carrier forecasts a drop in net consolidated profit from 1998's L408 billion ($223 million)to L202 billion this year, blaming declining domestic yields and a rise in ...
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Shanghai opens second airport
With the opening of Pudong in October, Shanghai became China's first city with two international airports. Now the question is how to co-ordinate the two. Under a three-phase plan approved by Beijing, Pudong will boost operations in stages. During its first month, Shanghai Airlines and China Eastern planned to shift ...
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Aeroflot calls in US bank for long-term debt advice
PETER BENNETT VIENNA Russia's flag carrier Aeroflot has selected Chase Manhattan Bank to help restructure its mounting debt problems and finalise plans for a possible re-entry into the world capital markets. The airline insists, however, that there is no chance of a fresh share issue to raise new cash ...
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Philippines scraps Taiwan accord
The Philippines Government, as threatened last month, has scrapped its air services agreement with Taiwan as a high-stakes dispute over a new air accord has boiled over. The Philippine Civil Aeronautics Board (CAB) has ordered the suspension from November after Taiwan refused to agree to a demand that its ...
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Workshop
Australian regional Kendell Airlines has selected GE Engine Services to maintain and service the General Electric CF34-3Bs which power its new Canadair Regional Jet fleet. The deal is valued at around $40 million. KLM and its subsidiary, Martinair, have signed a contract with Boeing covering the exchange, overhaul and repair ...
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Routes
British Airways franchise operator British Regional Airlines has been cleared to take over services from Jersey in the Channel Islands to Southampton from KLM uk. Jersey European Airways and Aurigny had also been vying for the route. American Airlines and French rail company SNCF are to market jointly air-to-rail ...
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Marketplace
Air Canada has received the first of six Rolls-Royce Trent 700-powered Airbus A330-300s. Qatari wet-lease specialist Gulf Falcon Group has arranged to acquire five ex-Japan Airlines Boeing 747s, including two -100s and three -200s, from Itochu Air Lease, for delivery from December. Indigo Aviation has sold two CFM International CFM56-powered ...
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Injury payment
China Southern Airlines will pay up to HK$5,000 ($645) compensation and medical costs to passengers hurt when a Boeing 757 hit severe turbulence injuring 45 on board, some of them seriously. The aircraft dropped 2,000ft (600m) in 10s from 21,000ft before the captain regained control. The co-pilot, who was not ...
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Destination unknown
Replacing its current fleet could be the least complicated issue facing Canadian Regional Airlines as an airline takeover battle looms Paul Seidenman/CALGARY As Air Canada and Canadian Airlines (CAI) face up to each other in what is becoming one of the hardest-fought airline takeover battles in recent years, shock waves ...