Networks – Page 1153
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News
News in Brief
EasyJet seeks listing - UK low-cost carrier easyJet has announced that it intends to seek a listing on the London stock exchange and the US Nasdaq market early next year, to finance the purchase of the new aircraft it has on order. A spokesman also said that easyJet would drop ...
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Iberia joins oneworld alliance
Iberia is finally cleared to join the oneworld alliance, having tied up agreement with American Airlines and British Airways on their acquisition of small minority stakes in the Spanish flag-carrier. Iberia also now appears to be on course to finish off the year with its long-awaited privatisation. Iberia's ...
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Routes
Japanese codes - Cathay Pacific Airways and Japan Airlines (JAL) are to start codesharing on Hong Kong-Osaka services on 28 March. JAL will also halt its Boeing 767-operated Nagoya-Hong Kong service on 1 April, when it starts codesharing on Cathay's daily service. Meanwhile, All Nippon Airways (ANA) and United Airlines ...
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Japan's majors face loss of slots
Low-cost start-up carriers appear to be having more of an impact on Japan's "big three" than expected and new rules are on the way that could erode their dominance on busy domestic routes. The "big three" - All Nippon Airways, Japan Airlines and Japan Air System - are ...
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Guyana sets sell-off date
The government of Guyana is hoping to have handed over control of Guyana Airways Corporation (GAC) by the end of April. The government's privatisation unit says it had set a deadline of 16 February for would-be purchasers to submit proposals and then it was hoping to complete the sale within ...
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Brazilian carriers fight cash crisis
Brazil's major airlines, which are still suffering the consequences of a fares war last year, are now facing an economic crisis. Latin America's largest economy is in turmoil after the Real, the currency introduced in mid-1994 as part of a plan which successfully halted inflation, collapsed in ...
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Double Standards
Airlines face a growing array of different and often divergent competition rules, as recent transatlantic cases have shown. David Knibb, a former antitrust lawyer, examines the issues. Antitrust authorities are positioning themselves as the new policeman of the world marketplace. And as they do so, they begin to replace the ...
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Ansett greets Star with fleet upgrade
Ansett Australia is upgrading its fleet to include Boeing 747-400s as it prepares for its entry on 28 March into the Star Alliance. In a surprise move, Australia's second carrier says it will lease two 747-400s for five years from new partner Singapore Airlines (SIA), when leases on two ...
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Low cost: improving the odds
Low-cost entrant airlines in the USA are attracting a lot of government and political support because of their poor success rate. But some industry experts argue there is more that start-ups could do for themselves to better their chances of survival. What do restaurants and airlines have in common? ...
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Low cost or bust
Europe's low-cost experiment is in full flow, but are there casualties waiting? Ever since the low-cost formula began to take root in Europe a couple of years ago, industry observers have been waiting keenly for the first start-up to fail. Even the low-cost pioneers themselves have expressed surprise that ...
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Third Party Pressure
The third party maintenance, repair and overhaul business will consolidate further as the dominant companies seek greater economies of scale and airlines turn their attention back to improving costs. If you were asked to name the landmarks of the aircraft maintenance and overhaul industry over the past year, you ...
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Asia faces fallout
The Asian downturn has led to overcapacity in the maintenance market, but there is no sign that the major carriers will let go of their in-house operations. When Hong Kong Aircraft Engineering (HAECO) cut 8% of its workforce at the end of last year, it was seen as an indication ...
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Life starts at 50
SITA may just have turned 50, but its gaze remains firmly fix on the future. Kevin O'Toole talks to chairman John Watson. "People try to categorise SITA but it's just a phenomenon," says its chairman John Watson. The fact that it exists at all is thanks to the foresight of ...
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Licking its wounds
Northwest Airlines had less to celebrate at the end of last year than most of its US competitors. Jane Levere examines the potential impact of last year's battles on this year's performance. For Northwest Airlines, 1998 will go down as the year it would rather forget. The effects of the ...
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BA set to stay in red
British Airways' first quarterly loss in four years has triggered doubts over its grip on premium business markets and analysts expect further losses before things improve. Intense competition, particularly across the Atlantic, finally pushed the group into the red, resulting in a £75 million ($122 million) loss before ...
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US yields spoil the party
Despite a solid set of 1998 results, the US majors are nagged by doubts over yields. After all the pessimism, and the damage of the Northwest Airlines strike, the year-end figures from the US majors held little to complain about. That little something, however, was an overall fall in yields. ...
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Carrier of controversy
Jet Airways has surmounted every obstacle to become India's dominant private carrier and pose a serious challenge to rival Indian Airlines. But its rise has been dogged by political controversy. When India opened competition in the domestic airline market about eight years ago, local entrepreneurs rushed to launch airlines. ...
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Air Namibia shapes up for privatisation
Despite Air Namibia's flagging fortunes, the airline's new managing director, Jaafar Ahmad, is confident that he can restructure and recapitalise the airline ready for privatisation within five years. The Namibian Government brought in the Malaysian-born financier as acting managing director and chief executive of Air Namibia last November, demoting ...
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New short haul airline planned to boost Gulf regional links
Max Kingsley-Jones/BAHRAIN Plans have emerged for a new regional airline in the Gulf which would operate an intensive network of short haul services between major cities in the region. The impetus for the airline has come from business interests in the Bahrain and other Gulf states. Local sources ...
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BWIA confirms regional launch
BWIA International Airways has confirmed plans to launch a regional airline, with newly created "BWee Express" set to launch operations on 1 March operating two new Bombardier Dash 8-300s. BWee Express will operate a regional network in the South and Eastern Caribbean, intially serving Grenada, Barbados, and St. Lucia. ...