All Networks articles – Page 1366
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From bust to boom in a year
The good times are here again - but nobody can predict for just how longIt's at times like this that largesse takes over. As 1995 draws to a close, it is clear that at long last we have a vintage year for airline profitability - Iata says its members will ...
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Asian Express
After a bitter defeat in Europe three years ago, Federal Express is now taking on Asia to compensate for declining yields at home and develop high yield premium international business. By Mead Jennings.Fred Smith, founder and CEO of Federal Express Corporation, has never had trouble thinking about the big picture. ...
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Flowers of Asia
Asia-Pacific is awash with new startups and domestic carriers expanding off shore. Tom Ballantyne looks at how big a threat they are to the region's majors.They are like bees attracted to the honey pot, says one executive from a major Asian airline of the rash of new startups swarming to ...
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Alitalia hit by One startup
Startup carrier Air One will end Alitalia's monopoly on Milan-Rome, the Italian flag carrier's most profitable domestic route, following increased slot availability at congested Milan/Linate. Air One, formerly Air Adriatica, will serve Europe's fifth largest route five times a day from end November, with plans to increase to ...
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Airline news
SAS has launched a thrice weekly service from Copen-hagen to Poznan, the carrier's third Polish destination. Ansett Australia is to begin codesharing on seven existing Malaysia Airlines services and on a new Saturday service between Sydney and Kuala Lumpur via Melbourne. Meanwhile, Ansett has also entered ...
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New deals aid Taiwan
Compromises on symbolic points have produced new air agreements between Taiwan and both Hong Kong and Macau. Following expected ratification in December, Taiwan will have five-year agreements that straddle the return of both territories to Chinese control. The deals provide new opportunities for Taiwan's airlines and an end to the ...
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Pena to face Asia action
'All eyes are on Asia-Pacific,' said US transportation secretary Federico Peña before leaving on a 17-day tour of the region in November. Declaring he had done all he could for now in Europe, Peña is faced with at least three potentially explosive situations in Asia. The latest drive ...
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SAS profits soar
THE SAS group came close to doubling its pre-tax profits for the third quarter, despite the cost of the pilots' dispute in June, which resulted in a three-day lockout. SAS turned in profits of SKr1.1 billion ($167 million) for the quarter, overcoming an estimated SKr300 million loss from ...
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Too much too soon?
The outbreak of massive orders must surely have made the last quarter of 1995 a dream for aircraft salesmen - but does it mean a return to nightmares for airframe and engine manufacturers? Probably the biggest single fear for a manufacturer, after that of not having any orders, is that ...
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Are low fares, just pie in the sky?
Sir - The question of fare levels - in which the public should take a great interest - is an important issue. There is talk about a "low-fare philosophy" and Ryan Air is operating to Glasgow, the second-densest route in Europe, at fares lower than those established for ...
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Knight expands
UK regional airline Knight Air says that it is to replace two of its three Embraer Bandeirantes with British Aerospace Jetstream 31s in March, boosting its capacity by 30%. Knight will lease the 17-seat twin-turboprop J31s from BAe subsidiary JSX Capital. Source: Flight International
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EU law hits Ryanair routes
Gunter Endres/LONDON IRISH NO-FRILLS AIRLINE Ryanair is being forced to offer only 50% of seats available on its flights between London Stansted and Prestwick in Scotland, until it obtains its own Aircraft Operating Certificate, or finds a UK airline which will operate the service on its behalf (Flight ...
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THAI competitor
Thailand's Council of Economic Ministers has approved the establishment of a second national airline to compete on international routes with state-owned flag carrier Thai Airways International. The council has proposed granting a new operator a four-year licence, subject to final Government approval. Source: Flight International
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Cargo in control
Lufthansa Cargo achieved its long-sought independence at the start of 1995. The business has not looked back since. Kevin O'Toole/LONDON WILHELM ALTHEN, chairman of Lufthansa Cargo, is clearly a happy man. For the past two decades, he has campaigned for air cargo to be treated ...
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Globespan buys Excalibur
UK CHARTER CARRIER Excalibur Airways has been sold to a Scottish long-haul tour-operator, Globespan, virtually completing the recent spate of vertical integration taking place within the industry. No price is given for the sale of the East Midlands-based airline, which was owned by its five directors, together with ...
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Burlington expands
US cargo carrier Burlington Air Express took over Roadway Global Air's domestic fast-package business on 20 November following Roadway Services' decision to discontinue air-freight operations. Burlington will acquire Roadway's San Jose, California, operation and will use an additional aircraft to handle the extra 182,000kg/day of cargo. Source: Flight ...
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Brymon fleet decision imminent
BRYMON AIRWAYS is to decide on a major fleet re-equipment programme in early December, with proposals being considered from ATR and Bombardier. Mike Jones, the Plymouth-based British Airways subsidiary's managing director, says that, if Brymon decides to stay with Bombardier, it will replace three of its five de ...
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French domestic traffic boosted
THE ARRIVAL OF competition on French domestic routes has resulted in a dramatic increase in traffic originating at two of the busiest airports in the country. In the nine months to the end of September, passenger traffic at Marseilles-Provence Airport increased overall by 5.9%, following a growth of ...
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MAS chairman confirms big-twin plans
Paul Lewis/KUALA LUMPUR MALAYSIA AIRLINES (MAS) chairman Tajudin Ramli has confirmed plans to order new long-range widebody aircraft, worth $4 billion, by the end of the year, although he appears to rule out a decision in time for the Malaysian air show in early December. ...
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JAL's rating dips below 'A' grade
JAPAN AIRLINES (JAL) has lost its A-grade long-term credit rating following concerns over the speed of the group's recovery and the weakness of its balance sheet. Standard & Poor's (S&P) rating agency warns that JAL's recovery is likely to be "more gradual than anticipated". It highlights the pending ...