All Networks articles – Page 1211
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News
BA Gatwick growth
British Airways says that expansion at London's Gatwick Airport over the next ten years will take its passenger numbers up by 60%, to 12 million a year, and double cargo to 400,000t annually. BA aims to add only 10 more aircraft, but expects the move to create 3,500 jobs. ...
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Third domestic could start up could be in Australia
Australia is to get a third domestic carrier for major trunk routes, if Australian Airlines Holdings' plans come to fruition. The company has revealed its intention to launch an airline connecting Adelaide, Brisbane, Cairns, Melbourne, Perth and Sydney. Chief executive Paul Orpwood says the plan is to acquire ...
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Qantas will wind down Asia routes
Qantas is to make further cuts in capacity on routes to Asia as the economic chaos takes an increasing toll on passenger numbers on certain routes. The airline is also moving to bolster services elsewhere, particularly in the Philippines, where the Australian carrier moved to double capacity following the ...
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Ryanair announces new share offering
Irish low-fares carrier Ryanair plans a fresh share offering and a possible listing on the London stock exchange to help back its ambitious fleet and network expansion programme. Ryanair, which launched on the Dublin and US Nasdaq markets last May, says that it plans to raise another IR£50 million ...
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New SAA boss Andrews ready for 'tenacious' cost-cutting
Hilka Birns/CAPE TOWN South African Airways has appointed former World Airways chief executive Coleman Andrews to restore the ailing airline to health in time for its approaching privatisation. Andrews succeeds chief executive Mike Myburgh, whose early retirement had been expected. Myburgh's deputy, John Hare, has also been axed ...
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Engine pooling concept targets airline costs
Guy Norris/SAN DIEGO Shannon Engine Support (SES), an Irish-based company specialising in supporting the CFM International CFM56-3, is promoting a concept in which airlines will club together to create a pool of spare engines. The initiative has been prompted by estimates that the industry will have to spend $30 ...
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PAL to slash aircraft fleet
Paul Lewis/SINGAPORE Philippine Airlines (PAL) is to offload 74% of its aircraft, including 15 new Airbus A330/ 340s, and will dump 68% of its international and domestic services in a bid to keep its finances afloat. Under a dramatic restructuring plan presented to the Philippine Securities and Exchange ...
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New Garuda boss plans to slash aircraft fleet
The Indonesian Government has appointed Robby Djohan, the new president of national carrier Garuda, as part of a shake-up of the financially stricken airline's board of directors, senior management and operations. Djohan is a relative newcomer to the airline industry, having previously headed Citibank Indonesia and Bank Negara. Observers ...
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Air Canada expands as rival sells off regional
Canada's domestic market has been shaken up this week, with Air Canada expanding services in a deal with charter operator Voyageur Airways, and rival Canadian Airlines International selling its loss-making regional, Inter-Canadian, to a group of investors. The Air Canada move strengthens its position to serve small communities in ...
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Asian crisis will cost 150 orders in next five years, says Boeing
Kevin O'Toole/LONDON The still unfolding economic crisis in Asia has had a big impact on Boeing's latest long-term aircraft forecasts, with predictions that the regional downturn will cost 150 aircraft orders over the next five years. Prospects for the launch of a high-capacity aircraft above the 747-400 have ...
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Routes
-Iberia and Royal Air Maroc have signed a code-sharing agreement. -Swissair has added four new destinations to its route network, with the introduction of scheduled services from Zurich to Malabo (once weekly) and Skopje (four flights a week), as well as daily flights to Bologna and Venice in co-operation with ...
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Marketplace
-Air Macau is subleasing an Airbus A320 and five crews to TAP Air Portugal for six months during the period of the Lisbon Expo. The airline, in which TAP holds a 25% stake, has been suffering from falling demand on some Asian routes. -US Airways has accelerated deliveries of its ...
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PAL fights for survival as pilots are sacked and flights slashed
Paul Lewis/SINGAPORE Philippine Airlines (PAL) is drawing up survival plans for a massive shrinkage of its international and domestic operations, after sacking 600 pilots involved in a week-long strike that has brought the national carrier close to financial ruin. Pilots were protesting over plans to force redundancies among older ...
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Asian crisis prompts Boeing to slow production
Boeing has confirmed that production of the 747 and 777 will slow next year in response to the economic downturn in Asia. The expected axing of some 12,000 jobs is also beginning as the company overcomes the worst of its fraught production ramp-up. Boeing's official production rate announcement for ...
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IATA approves millennium bug plan
Graham Warwick/WASHINGTON DC The International Air Transport Association (IATA), which estimates that the so-called "millennium bug" will cost the airline industry $1.6 billion, has won approval from airlines for a plan to ensure that airlines, airports, air traffic control providers and manufacturers work together to minimise the effect of ...
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Crisis spreads to China as airlines make losses
The Asian economic downturn has begun to have an impact on the Chinese air transport industry, with the country's 11 largest carriers announcing for the first time a collective loss of ¥1.7 billion ($206 million) in the opening quarter of the financial year. According to the state-run China ...
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Airline comeback disguises Asian crisis
Kevin O'Toole/LONDON Airline profits rebounded strongly to near record levels last year, says the International Air Transport Association (IATA),but director general Pierre Jeanniot again warns that margins remain too low and that the headline figures disguise the crisis still unfolding in Asia. The detailed figures, issued in the ...
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BA demands give Airbus and Boeing delivery headaches
Max Kingsley Jones/LONDON British Airways is entering final negotiations with Airbus and Boeing to acquire its new short haul fleet, but the two manufacturers are having to discuss deals with leasing companies to help them meet the airline's requirements for early delivery slots. The UK carrier is aiming ...
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Corsair moves to Airbus from all-Boeing fleet
French charter airline Corsair has confirmed its purchase of two Airbus A330-200s, with Rolls-Royce Trent 700s. The decision in favour of the European consortium was taken, says Corsair president Jacques Maillot, "-because Airbus reacted most quickly" to the request for proposals and "-presented the best financing package". The ...
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Ailing Tigers
Anyone still nursing hopes that the Asian downturn would prove to be a short, albeit sharp, shock to the region's once buoyant airline industry, will have struggled to retain their optimism in the face of the extraordinary news pouring out over the past fortnight. Perhaps most ominous was the ...