Networks – Page 1211
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Open skies hostility
Kevin O'Toole/LONDON The tussle between the European Commission (EC) and the member states over who has the right to negotiate transatlantic air agreements has just become more interesting. In the words of one Brussels insider, it is shaping up as one of Europe's "big political games". Legal threats are ...
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Air Belgium to switch from 737s to A320s
Air Belgium is to roll over its CFM International CFM56-powered Boeing 737 fleet and replace them with Airbus Industrie A320s by 1999. The move comes as part of the take-over by Airtours of the Belgian charter airline's tour operator parent, Sunair. The UK tour operator has purchased an 80% ...
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Air Liberte incorporates TAT and relaunches
Julian Moxon/PARIS French independent carrier Air Liberté has completed the absorption of TAT and has launched a strategy aimed at consolidating its place as France's second largest domestic airline. Fifteen months after Air Liberté was rescued from bankruptcy by British Airways (which owns 70% of the airline), its ...
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Air Nostrum selects CRJ for expansion
Air Nostrum has selected the Canadair Regional Jet (CRJ) for its fleet expansion and concluded a deal with Bombardier for up to ten aircraft. The Spanish regional airline, based in Valencia, has placed a firm order worth C$153.5 million ($108 million) for five CRJ-200ERs, with options on a further ...
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Pilots voice concern over BA's plans for AML 777 flights
Kevin O'Toole/LONDON British Airways' plans to use its low cost Airline Management (AML)affiliate to take over new long haul services from London Gatwick next year using Boeing 777s is raising concerns at the British Air Lines Pilots Association (BALPA). AML began flights early in 1997 using BA crews and a ...
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SIA defers Boeing orders and admits more cuts may follow
Paul Lewis/SINGAPORE Asia's economic crisis has finally begun to hit one of the region's sturdier blue chip carriers, Singapore Airlines (SIA), which is slipping delivery of four of its Boeing 747-400 and 777 orders. Meanwhile, Philippines Airlines (PAL) is to defer delivery of three Airbus A320 and two more ...
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TWA raises fresh cash as 747 flights end
Trans World Airlines has completed its latest $150 million private debt placement. At the same time, TWA completed another phase of its fleet renewal programme with the phasing out on 20 February of its last Boeing 747 (above), after 28 years.Source: Flight International
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Cathay Pacific and Korean results plummet
Asia-Pacific's flag carriers have begun to reveal the extent of damage done to their finances by the region's economic crisis, led by Cathay Pacific Airways showing profits cut in half and Korean Air (KAL) nursing a record loss. Cathay, which has suffered a massive downturn in traffic, saw net profits ...
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Marketplace
-American Eagle has taken delivery of the first of 42 Embraer RJ-145s, and plans to begin regional jet services from Chicago O'Hare in May. The airline will receive the 50-seat ERJ-145s at a rate of two a month until mid-1999. -TAM's component of the massive Latin American Airbus order ...
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Routes
-Delta Air Lines and Venezuela's Aeropostal have agreed to provide codeshare service between Atlanta and Caracas, beginning on 2 April. The deal is subject to government approval. -United Airlines has selected Air Wisconsin, its new subsidiary, Mountain Air Express, and Great Lakes Aviation, to replace Mesa Airlines on United Express ...
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Delta Air Lines takes stake in Aeroperu
As part of strategic efforts to build its presence in South America, Delta Air Lines has agreed to acquire a 35% stake in Aeroperu and enter into a 10-year marketing agreement. Delta's stake will match that of Aeromexico. Both foreign carriers will be represented on Aeroperu's board of directors. ...
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Alitalia talks to the EC about release of state-aid restrictions
Alitalia has taken initial soundings from the European Commission (EC) over the prospect of releasing its state-aid restrictions if the Italian carrier moves towards privatisation, possibly within the next year. Chairman Fausto Cereti is understood to have raised the issue in Brussels during talks over the airline's compliance with ...
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SunJet backers make move for Kiwi
Aviation Industries, the US airline investment vehicle that is backing Sun Jet's re-emergence from bankruptcy, has increased its stake in Kiwi International and is to negotiate the purchase of the low cost carrier. Kiwi re-emerged from Chapter 11 bankruptcy protection in July with backing from private investor Charles Edwards, who ...
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West to escape Asian slump
US credit rating agency Moody's has added its voice to concerns over the impact of the Asian crisis on the airline industry. It argues, however, that US and European carriers may escape the slump relatively unscathed. Those carriers most heavily dependent on intra-Asian traffic are due to face the ...
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Trade links increase
Almost every week, it appears, a US airline announces a new service to Latin America. Almost every month, it seems, a new codeshare agreement is forged between carriers in North and South America. Every year, it is evident, traffic between the two regions continues to grow. Increasing trade is the ...
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Boeing 717 price emerges but fails to meet early hopes
Guy Norris/LOS ANGELES Kevin O'Toole/LONDON As Boeing prepares to reveal an official price for the 717, there are already indications that the 100-seat aircraft will sell for closer to $25 million, deflating hopes among airlines that it could be offered below $20 million. When the aircraft was ...
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American and BA head talks on alliance to challenge Star group
Max Kingsley-Jones/LONDON Talks are under way which could lead to the creation of a worldwide airline alliance grouping involving British Airways, American Airlines, Japan Airlines (JAL) and Cathay Pacific Airways. If the deal is cemented it would rival that of the Lufthansa/United Airlines-led Star Alliance. JAL, which recently ...
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Qantas talks with Cathay break down
Paul Phelan/CAIRNS Talks have broken down between Cathay Pacific and Qantas over the Australian carrier's plans to acquire up to five RB.211-524D4-powered Boeing 747-200s, with airline sources confirming that the carrier expects to consider a wider range of options in the wake of the Asian downturn. These aircraft include new ...
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Saega suspends
Saeaga Airlines suspended operations on 1 March and is seeking to sell or lease its fleet . The Malaysian regional airline has two Bombardier de Havilland Dash 8s and a Canadair Regional Jet. It is already in discussions to lease the Dash 8s to a new Brunei regional, Borneo Airways. ...
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French independent taps into new routes
French independent airline AOM has signed a codesharing agreement with TAP Air Portugal under which the two carriers will jointly develop routes to cities in the south of France, Portugal, LatinAmerica and the Caribbean. The deal follows last year's agreement with Swissair, which AOM business director Jean-Marc Janaillac admits ...