All Networks articles – Page 1371
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News
New chapter of growth
A year after emerging from bankruptcy, America West is resuming growth, but this time the carrier plans to do things differently. By David Knibb.America West Airlines has unveiled a business plan designed to leave its checkered past behind and set a smooth course for at least the next two years. ...
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Delta joins low-cost club
Delta Air Lines' success in getting a tentative agreement from its pilots on the establishment of a low-cost airline is seen as a direct result of Southwest Airlines' moving into Florida this month. It is also an opening move in the row over pilot concessions. Delta has studied ...
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Deja vu in Washington
In Washington, events don't happen; they always happen again. It's not necessarily a positive attribute. Witness the Charles Hunnicutt affair. This unsuspecting trade lawyer, without significant experience in the field of international commercial aviation diplomacy, was recently nominated to become the US Department of Transportation assistant secretary for ...
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Trouble in store despite recovery
Some majors face alliance upheaval, more startups and threats to costs. Did you think that stability had returned to the airline business? Were you lulled into a sense of security by a return to profits? Did you think that most carriers had now defined their long-term strategies and established their ...
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Euro unions strike out
The signs in Europe for labour relations are ominous - and it's not just carriers with the more 'radical' unions facing a difficult start to the year. Strike action at Sabena started at the end of Nov-ember with one-day strikes after management cancelled all labour contracts. ...
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EVA victory rings hollow
Five years after it started clamouring to end China Airlines' monopoly on the world's busiest air route, EVA Airways has finally gained the right to compete on the lucrative Taipei-Hong Kong sector. With the simultaneous prize of Macau, one might expect EVA to rejoice, but both victories ring somewhat hollow. ...
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Financial results
Air Canada's international passenger sales jumped 25% and operating income rose 14.4%. There was a US$43m gain on the sale of warrants. The move into profit was helped by lower debt, but comes before a charge for cabin crew redundancies. A full-year loss of $240m is expected. ...
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Lloyd's find out what's in a Name
After several horrendous years in which the accumulated losses of the London insurance market climbed to £8.2 billion ($12.7 billion), it is at last possible to believe that Lloyd's is far enough along the road to recovery and reform to remain a significant factor in the global insurance industry. ...
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Germans hit Milan plans
Lufthansa has revealed the sway it has over its partners with the closure of Lauda Air's Milan hub in mid-November after consultation with the German major. The hub was opened in April in a bid to get a head start on rivals in anticipation of a government plan ...
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Mexico goes into a shell
Aeromexico and Mexicana should come under the oversight of a holding company by the end of the month. The search for potential buyers for the single entity could begin once the slow process of putting the two carriers' finances in order is complete. The holding company, called the ...
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Hanoi hangups
Vietnam Airlines is going for controlled growth in a volatile economy, but the political climate has ruled out its near-term access to foreign capital. Tom Ballantyne reports.It is a classic case of Communist doctrine versus free market thinking. Vietnam's economic reform policy - known as doi moi - was designed ...
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Hubs and partners
Since being spun off into the world's first separate airline cargo subsidiary last January, Lufthansa Cargo has been free to pursue its aggressive global network strategy. Jackie Gallacher reports.As the biggest non-integrated cargo carrier in the world and the second largest air freight carrier after Federal Express, Lufthansa Cargo Airlines ...
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Valu lost on key NY slots
ValuJet is pressing its antitrust case against Delta Air Lines despite failing to stop its rival from buying 10 coveted slots at New York/LaGuardia pending the outcome of its lawsuit. Atlanta-based ValuJet claims it was the sole bidder for the slots when TWA initially offered them and that ...
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Peace spurs twin launch
Royal Jordanian and El Al are both taking advantage of the continued stability in the Middle East to launch regional subsidiaries prompted by imminent signing of an Israel-Jordan bilateral, due by the end of December. Royal Jordanian will rename its executive jet subsidiary, currently known as Arab Wings, ...
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Smooth operators
The third package not only improved market access, it gave European Economic Area carriers the ability to choose the most favourable environment for their operations. Dermot Scully reports on the advantages of using more than one licence.European airlines are beginning to recognise the full extent of the potential benefits ...
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Romanian An-24 crashes in Italy
A BANAT AIR Transport flight, operated by Romavia-owned Antonov An-24, crashed shortly after take-off from Verona, Italy, bound for Timisoara and Bucharest, Romania. All eight crew and 41 passengers died when the Romanian flight, having taken off in darkness on 13 December at about 19:00 local time in ...
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Czech Saab 340
Czech regional airline Air Ostrava is acquiring two secondhand Saab 340s for its expanding network, now linking Ostrava in the east of the country with Amsterdam, Prague, Salzburg, Verona and Vienna. The airline also flies corporate shuttles for VW-Skoda to Braunschweig in Germany. The first 340A, an ex-Deutsche BA aircraft, ...
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Airtours phases out MD-83s
UK CHARTER AIRLINE Airtours International has begun phasing out its fleet of seven McDonnell Douglas MD-83s, in favour of the Airbus A320. The first two aircraft have already been returned to the lessor for onward lease to Taiwanese carrier Far Eastern Air Transport. One aircraft will leave the ...
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Air Macau expected to add Airbuses
Brett Hannan/MACAU START-UP CARRIER Air Macau expects to add two narrow body aircraft a year to its fleet for the next five years. The new aircraft will almost certainly be additional Airbus A320s and A321s, says airline marketing executive Dominic Ching. Air Macau, which now operates ...
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Europe agrees on ground-handling
Julian Moxon/PARIS IN A LANDMARK decision, European transport ministers have agreed to a full liberalisation of the region's airport ground-handling from 1 January 2003. Germany and Austria have refused to sign the agreement, but will still be bound by the decision, which is expected to ...