Networks – Page 1340
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News
Appointments
British Airways has announced a major management reshuffle. Alistair Cummings becomes chief operating officer and director of profit development and is replaced as managing director British Airways Engineering by Clive Mason. Charles Gurassa becomes director of passenger business, David Holmes assumes the post of director corporate resources and Roger Maynard ...
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Russian growth
Moscow-based Vnukovo Airlines is starting scheduled services to Greece and will jointly operate flights to Serbia and Montenegro with Aeroflot RIA. Meanwhile, the carrier awaits the outcome of a private legal battle which claims the sale of 41.4 per cent of the company violated regulations. ...
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95 at a glance
Mark Odell recaps on the highlights of 1995, from the usual share of startups, failures and major equity transactions to commission caps and open skies. January The French government partially opens Paris/Orly to intra-European traffic after complaints to the European Commission from Lufthansa, KLM, SAS and Lauda Air. The new ...
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One law for all
Manufacturers and financiers are drafting proposed uniform rules on aircraft security interests and leases that could lead to lower capital costs for airlines worldwide. But will they be adopted soon enough to be of help? David Knibb reports.Lower credit costs for airlines are the aim of an international effort now ...
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Europe
During the past year the fortunes of Europe's flag carriers have, at best, been variable. And as 1996 gets underway there is a pervasive sense of unsettled agendas and greater events to come. The European majors have reaped the benefits of fragile economic recovery and stronger demand to ...
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Zero sum game
North America-Asia routes may be projected as some of the world's fastest growing, yet capacity growth is at a standstill. David Knibb examines the reasons. One would expect the skies to be full between North America and Asia, given the growth in the Asian economies and the shift in US ...
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Horror movie
Problems with airline inflight entertainment and communications systems have turned into a nightmare for many senior executives and there is not much prospect of an early solution. Kieran Daly looks at the problems.Rarely before has a technical concept promised such commercial advantage and delivered such misery. In fact the story ...
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Middle East
Peace in the Middle East is the factor which will make or break the events of 1996. A lasting peace accord between Israel and its Arab neighbours could produce the boom the aviation players have been waiting for, but failure on the part of the politicians could put pressure on ...
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Asia-Pacific
The Asia-Pacific region continues to maintain its flagship role at the sharp end of global air travel recovery. Double-digit growth is again forecast through 1996, bringing further financial gains for regional operators and benefits for major airlines operating into the area from elsewhere. There will, however, be dramatically ...
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Trust in us
Harmonised competition rules would be essential to EU-US open skies and the growing link being made between US antitrust immunity for multinational alliances and the conclusion of open skies agreements with individual countries is increasing the urgency. By Ron Katz.EU transport commissioner Neil Kinnock's comment, on emerging from the December ...
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Latin America
Now that the process of privatising the airlines in Latin America and the Caribbean is complete, the next logical step is consolidation. Most Latin carriers are small by world standards, all are highly dependent on their home country markets, and many have weak balance sheets. The heavy losses of the ...
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Sore over safety
The FAA's controversial public ratings of foreign civil aviation authorities' safety practices is causing many to cry foul and is wreaking havoc with some non-US carriers' finances. Jane Levere reports. That the oversight of airline safety and civil aviation authorities remains paramount was never in dispute - and December's ...
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The market makers
Intense competition is leading more and more airlines to seek low costs and maximum revenues in off-line markets by outsourcing some of their sales and marketing operations. Special report by Doug Rhymes.International airline sales and marketing managers are struggling to cope with the unique challenges presented by an industry bent ...
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Forging ahead
What could possibly go wrong? Most carriers have achieved a remarkable turnaround from the depression of 1990-1. Traffic has rebounded and capacity is under control, leading to healthy load factors and yields. Unit costs have fallen as workforce cuts and productivity improvements have borne fruit, while fuel prices have remained ...
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Swiss role reversal
Regional operator Crossair has a central role to play in reversing the fortunes of the Swissair group. Mark Odell reports from Switzerland on the wider restructuring of a company trying to redefine itself.Swissair has earned its reputation for quality, sound management principles and solid financial performance as it has grown ...
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West teeters on brink of recession
The sustained economic recovery among the larger western economies, now entering its fifth year, could pause in 1996 after slowing abruptly in the final months of last year. A combination of factors, including the downward pressure on budget deficits in Europe being exerted by the need to meet the ...
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Airline news
Alaska Airlines has become the first US carrier to offer ticket booking on the Internet. Northwest Airlines is extending its daily Boston-Amsterdam service to Bombay (four times weekly) and Delhi (three times). United Airlines is launching daily services to Vancouver from both Denver and Los Angeles ...
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Financial results
Air-India's revenue jumped 15.8% in rupees but operating expenses increased by 18.7%, halving the operating profit to $22m. The net profit was after $4m compensation for premature surrender of lease rights. Air Malta's long-term debt rose 43% as it added four new RJ70s and launched five new scheduled ...