Networks – Page 1203
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World woos coy Cathay
Every major airline group in the world is wooing Cathay Pacific to join its alliance. And Cathay admits that the time has come to end its long-standing aloofness and join ranks with other carriers. Cathay has been talking to all the major groups. It will not say in which ...
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Rule Britannia?
Backed by their tour operators, UK charter carriers Airtours and Britannia Airways are expanding into European markets like Germany and Scandinavia, pushing prices down and disturbing the cosy status quo. Report by Tom Gill When Britannia began providing intercontinental services out of Germany late last year, alarm bells began ringing ...
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Chile's high flier
The Chilean economy and its national flag carrier now feel strong enough to insist on US antitrust immunity for the proposed alliance with American Airlines as a precondition for open skies. David Knibb reports from Santiago. Like the Andean condor, Chileans are a rare breed. Among Latin Americans the ...
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Competition rules in US
A new US Department of Transportation policy document defining anticompetitive behaviour, is prompting cries of 'reregulation' from most US majors. The document has appeared in the wake of a Senate hearing on the competitive impact of the US hub-and-spoke system, adding heat to an uncomfortable spotlight that seems set ...
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Crossing into the EU
The launch of its French subsidiary will give Crossair greater access to southern European markets and boost its Basle hub. Tom Gill reports. 'Some guys talk about the Star Alliance; well, we have our own new born star.' The star Crossair's president and CEO Moritz Suter is hailing is a ...
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Two Bobs stir the immunity debate
Could the two Bobs - Ayling and Crandall - have had an inkling of the amount of controversy they would raise when they first aired their plan to forge an alliance between their airlines? That controversy took yet another turn in March when Robert Ayling, chief executive of British ...
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Airline News May 1998
Delta Air Lines started code-sharing with Air Jamaica on 6 April on services from Atlanta, Miami and New York to Montego Bay, Kingston, Barbados and St Lucia, and from Atlanta to Boston, Cincinnati, Hartford, Memphis, and San Francisco. Finnair and Iberia have begun codesharing on Helsinki-Barcelona-Madrid. Northwest Airlines ...
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International route launches helped reduce...
International route launches helped reduce Braathens' operating profit by 19%. In 1996 there was a $28.6m extraordinary loss. British Midland's pre-tax profits almost tripled, helped by higher yields, a 7.5% increase in passengers, and a brief strike at British Airways. Profits fell at Cintra, the holding company for Aeromexico, Mexicana ...
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Asian storm hits Garuda
The Asian economic slump is reinforcing industry opinion that the outlook for Indonesian carrier Garuda is bleak. Aviation analyst Nora Chang of HSBC James Capel echoes the general industry view when she rates Garuda's survival chances as 'poor'. But the Indonesian carrier is desperately cutting costs in a bid ...
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JAL takes big write-down
Japan Airlines has turned the year of the tiger into the year of cleaning up its balance sheet. JAL ended its financial year with a massive write-off which aims to speed its return to profits. Without the write-off of US$1.2 billion on 31 March, JAL would have reported a ...
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Emirates buys Lanka
Armed with a restructuring plan, Emirates Airlines has stepped in as a strategic investor for Air Lanka. The Sri Lankan government has sold a 40 per cent stake in Air Lanka to Emirates for US$70 million in cash. Sri Lankan aviation minister Dharmasiri Senanayake says Emirates has already paid ...
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US boost for Latin club
Trans World Airlines was planning in late April to join US Airways and become the second US airline partner in the regional frequent flyer programme, LatinPass. This follows the recent decision by Venezuela's Aeropostal, following its privatisation and revival, to join LatinPass. The addition of the two new members ...
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Oz-Latin accord
Qantas expected in April to announce a codeshare on the Sydney-Auckland-Buenos Aires route operated by Aerolineas Argentinas. The Australian carrier is also considering its own Latin American flights as part of a capacity redeployment from Asia to markets with more potential. Source: Airline Business
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Continental leads CRS bypass move
The continuing battle between airlines and computerised reservations systems over rising costs took an unexpected twist in late March when Continental Airlines forced Galileo International to rescind a new fee it planned to impose on electronic tickets. Continental also announced that it planned to cut its distribution costs further by ...
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Chaos reigns at Olympic
Olympic Airways' employees are taking strike action over the Socialist government's decision to impose new working conditions. A series of strikes by Olympic workers in April reduced the flag carrier's services to one daily flight to one destination. Some 50 international and 30 domestic flights were being cancelled daily, ...
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Peru turns protective
Peru's President Alberto Fujimori has completed a changeover in aviation administrators and his new team is already taking a closer look at the implications of liberalisation for Peruvian airlines. Fujimori's latest personnel change was to replace the current head of the Director General Transportes Aereos (DGTA)with a new appointee, ...
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Shooting stars
The world's regional airlines grew strongly in 1997, and this sector remained the most profitable. Survey compiled by Tim Welch of Air Transport Intelligence and Richard Whitaker. The regional airline industry continues to be the healthiest sector in the business, judging by the results of this year's Airline Business Regional ...
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Euro no frills switch bases
As British Airways' low cost Go takes to the skies, the UK's leading no frills carrier, EasyJet, is expanding overseas while low-cost Virgin Express eyes a UK base. Go is due to start flying out of its London/Stansted base to Rome/Ciampino on 22 May, Milan/Malpensa on 23 May and ...
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Swiss qualify new partners
Swissair has expanded its European alliance to include TAP Air Portugal, THY Turkish Airlines and AOM of France and agreed to buy up to a 20 per cent stake in TAP. TAP, Turkish Airlines and AOM will join Swissair's existing partners Austrian Airlines and Sabena in an alliance to ...
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French open gates to US
Both Continental Airlines and Delta Air Lines were swift to respond to the new US-French bilateral by declaring their intentions to formalise codeshare agreements with Air France. The bilateral, initialled in Paris on 8 April, will allow full open skies to be phased in over five years, and immediately ...