All Networks articles – Page 1270
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Appointments
Gavin Strang has taken up the position of minister for transport in the new UK government, and Glenda Jackson has been appointed aviation minister. Both report to John Prescott, secretary of state for transport and environment. Virgin Express has promoted Mike Lotz to chief operating officer, and has ...
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Trent trouble
Cathay Pacific and Dragonair resumed flying their Airbus A330s after temporarily suspending the aircraft's operation in May due to concerns over the reliability of gearbox parts in their Rolls-Royce Trent 700 engines. The grounding of its 11 A330-300s could cost Cathay up to $19.4 million. The carriers may seek compensation ...
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We win together
Profits and a healthy cash balance once seemed impossible goals for Continental Airlines. Having achieved them, chairman and chief executive officer Gordon Bethune has turned his attention to the fight for global market share. Interview by Richard Whitaker Working together worked! So says the banner headline on the front cover ...
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Two to tango
The Taca Group was once held up as a model for Latin American airline cooperation, but now stands accused of selling out through its planned alliance with American Airlines. But does Taca chairman Federico Bloch have any choice? Doug Cameron reports. Please don't tell officials at the US Department ...
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Friendly skies? Let's get honest
Blame it on the lettuce leaf liner. Just a few years ago, when airline CEOs across the US were nervously eyeing their costs per available seat mile, the challenge was to trim costs without upsetting the passenger. An easy throwaway was the limp piece of lettuce that lined the trays ...
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Financial results
The sale of Continental Airlines shares added US$126m to pre-tax income, which was lowered by $24m by a regional airlines strike. Air France made its first net profit since 1989, but Air France Europe lost $93m despite $50.5m in aircraft sales. Future results will be reported jointly after ...
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Fees tax US law makers
The US Congress looks set to opt for a compromise over the ticket tax, while international pressure may force the Federal Aviation Administration to do the same over the controversial overflight fees. Proposals for a new format for the ticket tax which were at the committee stage at ...
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Leap of faith
Having been forced to abandon its multi-company structure, the Mesa Air Group is now concentrating on new developments, like its operation at Fort Worth.Karen Walker talks to chairman Larry Risley. Larry Risley, chairman and chief executive officer at Mesa Air Group, has become an expert hurdles jumper over the last ...
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New Labour sets trend in Europe
The conservative free-market revolution, which reached its high point during the Reagan-Thatcher era and lingered on into the mid-1990s, shows increasing signs of being politically vanquished as the industrial world moves towards the millennium. Although many of the substrates of the Reagan-Thatcher revolution live on in the shape of the ...
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Euro startups go to market
European startups are wasting no time in positioning themselves for expansion as Virgin Express ponders following Ryanair with a stock listing, while Debonair looks set to tap the markets by August. The Irish low-cost carrier set the flotation ball rolling in May, offering 54.2 million shares on the ...
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TAM gets set for US debut
The TAM group is to launch Brazil's fourth international carrier and American Airlines has wasted no time extending its relationship with the multi-airline operator. The ambitious TAM group has established Transportes Aereos Meridionais as its intercontinental carrier, which could launch services between Sao Paulo and Miami as early ...
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Domestic dancing
The surge in new entrants to the Colombian market is over but major challenges remain. David Knibb reviews the progress of the five main players. Nowadays Colombians seem naturally optimistic. The heady days of growth are still a fresh enough memory for few to be willing to predict their airlines ...
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Shuttle is in Wolf's court
Few expect US Airways to give up its Shuttle, but a move by American Airlines to purchase the prestigious east coast operation, as well as possible interest from United Airlines, has introduced another twist in the carrier's continuing battle with unions. US Airways operates, but does not own ...
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Colombian mambo
ColombiaOf Colombia's newer airlines, Aces has the most ambition and potential. But to what extent the airline will be able to overcome the advantages of incumbent flag carrier Avianca remains far from clear. David Knibb reports from Bogotá. It looks like another David-Goliath contest - the innovative young challenger versus ...
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Florida cocktail
The battle for control of the fast-growing market from the US to Latin America is being fought in Miami, but American Airlines' dominance means some US majors are shifting their sights elsewhere. Karen Walker reports. A tornado touched down in the heart of Miami earlier this year. Had the Wizard ...
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Thai is hardly Star choice
As the razzamatazz around the launch of the five-carrier Star Alliance subsides, Thai Airways International is emerging as the weak link in the chain and there is growing speculation that the carrier could be dumped for two other Asian carriers. The other members of the alliance, Air Canada, ...
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Chinese puzzle
In the runup to the 1 July handover of Hong Kong to the People's Republic of China, there were only a few clues to the many questions over Beijing's likely airline policies in the former UK colony. From Cathay Pacific's managing director David Turnbull has a ...
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TWA faces up to challenge
Faced with what he describes, modestly, as a 'major challenge', Trans World Airlines' chief executive Gerald Gitner has outlined a four-part plan to get the airline back on its feet. The St Louis-based carrier faces an uphill battle but should not be counted out yet. At the airline's ...
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Canada set for shakeup
The two major Canadian carriers are preparing their unprofitable regional operations for a shake-up, as Canada's low-cost startup carriers threaten to expand their influence. Even before Air Canada has completed a review of the future of its five regional carriers, it has been approached by a potential purchaser ...
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A red flag to a bull?
New scheduled operators Spanair and Air Europa have shaken up Iberia's traditional monopoly in the Spanish domestic market. Lois Jones reports from Madrid and Palma de Mallorca on how competition has prompted the Spanish flag carrier to get its act together. Never be fooled into thinking the Spanish market staid, ...