All Networks articles – Page 1265
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News
KLM ponders US disposal
As KLM increased its holding in Air UK to 100 per cent, speculation was mounting that the Dutch major was close to selling its 19 per cent stake in partner Northwest Airlines. The move by KLM to sell its stake in Northwest is seen by analysts as the ...
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Five vie for cut of LAM
Three airlines have emerged as bidders for a stake in LAM Mozambique Airlines, with a decision due by October. In total five consortia, including three led by TAP Air Portugal, South African Airways, and Air Mauritius, have pre-qualified to bid for a 51 per cent stake in the ...
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Cry Wolf!
After 18 months as chairman and CEO Stephen Wolf has changed USAir's livery and name to USAirways but achieved precious little else. As he struggles to persuade the unions of the need for concessions, Karen Walker asks if this US airline veteran's bark is now worse than his bite. Could ...
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Xiamen joins China float
Xiamen Airlines looks set to become the fourth Chinese airline to go public, following the boost the domestic carrier has given to its majority shareholder China Southern Airlines in advance of its parent's late July stock market debut. At presstime, China Southern was heading for Hong Kong and ...
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Business revolution
While Ansett Australia is certain to benefit from its relationships with Air New Zealand, United and Singapore Airlines, the carrier knows that internal change is required to ensure a more profitable future. By Tom Ballantyne. When former Cathay Pacific managing director Rod Eddington took control of financially struggling Ansett ...
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Bogota plays safe for FAA
Colombia's airlines are feeling the effects of an invigorated safety campaign aimed at convincing the US Federal Aviation Administration to upgrade Colombia from its Category II status under the FAA's controversial rating of the oversight practices of foreign civil aviation authorities. The country's third largest domestic carrier, Aero-Republica, ...
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Big seven hit by tax lobby
The seven US majors lobbying to replace the universal 10 per cent ticket tax have talked themselves into a corner and look set to end up with an extra $4 billion to pay over the next five years. This is the estimate of one Washington lobbyist, who says ...
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Alitalia gets cash crutch
State aid conditions attached to Alitalia's capital injection present few surprises, other than the insistence on the removal of the carrier's monopoly rights on international routes and a potential loophole which could allow the carrier to circumvent restrictions on capacity expansion. The European Commission was set to rule ...
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Airports face down charge
Brussels' second attempt to push through legislation to harmonise airport charges in Europe has attracted the usual hail of criticism from both sides of the industry. Airport charges vary widely across the European Union. In its draft proposal, the Commission highlights a 'cost variation for these facilities and ...
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Airline news
Icelandair will introduce four weekly flights to Minneapolis and two weekly flights to Helsinki in 1998. Olympic Airways commenced five weekly Athens-Budapest services on 22 June. Delta Air Lines is planning to operate daily Atlanta-Caracas services in December 1997, subject to government approval. Sabena ...
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Agents of change
The combination of commission capping by airlines and the advent of new technology was expected to spell doom for many in the travel agency business. But cushioned by the economic upturn, the sector is starting to adapt to the changing environment in a bid to survive. By Jane Levere. Commission ...
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AA set to win Latin stake?
Victory appeared close for American Airlines at presstime in its bid to capture a stake in Aerolineas Argentinas. Although American was making no comment and Continental Airlines, the other bidder, said it had not been informed of any decision, well informed sources in the US were saying that ...
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TWA fleet costs jobs as other US majors report rise in profits
Trans World Airlines (TWA) is to reduce its work force by some 1,000 people, with half the cuts being made in maintenance operations. The announcement comes as TWA reported a small loss in what was otherwise another quarter of healthy profits from major US carriers. TWA says that the ...
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China Southen floats on pair of stock exchanges
China Southern Airlines is to become the largest mainland Chinese carrier yet to float its shares publicly, with a dual listing on the New York and Hong Kong exchanges. The Guangzhou-based airline is to make an initial public offer of around 32% of its stock at the end of ...
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What's on
Routes Oslo 97 15-16 September, Oslo, Norway. Route-planning forum organised by Airline Business and Airport Strategy and Marketing (ASM). Contact: ASM; tel: +44 (161) 832 2120; fax: +44 (161) 839 4252. Technology and the Flight Deck Symposium 5-6 August, Vancouver, Canada. Contact: Aerospace Industries Association of Canada, Suite ...
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Progress or plateau
Kevin O'Toole/LONDON Two years ago, the world airline industry swung out of recession in style, producing its best-ever set of profit figures. The question for 1996 was whether the recovery would continue to gain pace or whether this now represented the peak for this latest business cycle. In ...
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Hainan Metros
China's Hainan Airlines has purchased seven Fairchild Dornier Metro 23s, worth $30 million, for delivery by the end of 1997. The aircraft will be used on routes from Haikou in Hainan province. Source: Flight International
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FAA details free-flight plan
Graham Warwick/WASHINGTON DC DETAILS OF a two-year, 2,000-aircraft, demonstration of the technologies required for the free-flight concept have been released by the US Federal Aviation Administration. Almost $400 million in funding required to stage the trial has yet to be approved by Congress, however. Free flight ...
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Maersk nears regional choice
Maersk Air's Birmingham, UK, division is close to selecting a new 50-seat regional jet to replace its BAC One-Elevens. Maersk Air, which operates services under franchise to British Airways, flies a network of services to various European destinations. Its fleet includes three 86-seat One-Eleven 500s and three 123-seat ...
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Polish demand leads LOT into charter territory
LOT Polish airlines is planning to form a charter subsidiary in response to a growing package-holiday market in Poland. The airline says that a team has been set up to investigate the legal and financial aspects of the plan, but the new company is unlikely to be founded ...