Networks – Page 1146
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European regionals unite for US travel pass programme
Graham Warwick/WASHINGTON DC Chris Jasper/LONDON A group of 15 second tier and regional European airlines is to press ahead with a radical plan aimed at maximising their exposure in the USA through an innovative travel pass scheme. The programme, run by Los Angeles-based Europe by Air, is modelled ...
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Little relief in taxing times
Jack Sellsby/LONDON Tax law changes have put paid to cheap deals Until the final quarter of last year, potential aircraft purchasers could take advantage of major rivalry in the aircraft finance markets between finance houses and banks in different jurisdictions offering airlines attractive tax-based finance structures. These made financing aircraft ...
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Airlines keep options open
Jack Sellsby/LONDON A wide choice of financial packages brings its own complications Ask an aircraft financier about the best way to pay for an airliner and there is never a simple answer - either in healthy economic times or poor. But airlines may have a surprisingly wide choice of finance ...
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Credit search
Jack Sellsby/LONDON Financing aircraft can be a nightmare for some airlines and a hazard for lenders Airlines spend billions of dollars on new aircraft deliveries each year, and manufacturers - aided by their ever-willing and export-minded governments - ensure comparable amounts of commercial jets are financed. Airlines with ...
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Ryanair introduces first 737-800 to expand European network
Ryanair has taken delivery of the first of 25 Boeing 737-800s ordered last year to expand its European network. Ryanair, which operates 21 Boeing 737-200s, including seven Stage 3 hushkitted machines, also has options for 20 737-800s. The airline 33 routes from London Stansted to Belgium, France, Ireland, Italy, Norway, ...
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Making a mark
Max Kingsley-Jones/DOHA Qatar Airways has restructured from a low-cost operator to a high-quality international carrier The Qatar government recognised that action was needed to ensure that its capital, Doha, was not isolated as the country's economy grew during the early 1990s. While the nation's shared flag carrier, Gulf ...
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Emirates' global vision
Max Kingsley-Jones/DUBAI Emirates had a handful of routes and aircraft when it began in 1985 - now it is a major force and is eyeing the A3XX The Past 14 years have been an exciting ride for Emirates. The airline has topped the growth tables for national carriers ...
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Emerging power
Max Kingsley-Jones/MUSCAT Oman Air is embarked on a programme of expansion and restructuring OMAN, on the Gulf's eastern side, rests in the shadows cast by the cosmopolitan regions to its west, such as Abu Dhabi, Bahrain and Dubai. The country has chosen not to follow its neighbours ...
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Rising forces
Rapid growth in Gulf air transport has spawned new carriers and put pressure on others. Max Kingsley-Jones reports. The developing air transport market in the Gulf has been one of the 1990s' most fascinating stories as well as one of the most difficult to unravel - for observers outside the ...
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Gulf bites back
Max Kingsley-Jones/BAHRAIN Gulf Air is fighting back from financial crisis with a clear strategy for the future Gulf Air has been through considerable pain over the past four years. Losses mounted to over $130 million and debts rose to $1.5 billion during two financially disastrous years in the ...
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Deregulated Greek market spawns another start up
Max Kingsley-Jones/LONDON Julian Moxon/PARIS The launch of Greek scheduled carrier Axon Airlines is the latest in a string of developments in the country's air transport market, following the recent introduction of deregulation. The growing band of Greek independent carriers is taking advantage of last year's lapse of the ...
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EC delays hushkit rules as US talks go on
Julian Moxon/PARIS The European Commission (EC) has agreed to delay by four weeks the introduction of tough rules on hushkitted aircraft while negotiations with the USA continue on a compromise deal. The move follows US objections to the ruling, which would ban hushkitted aircraft after 2002 and prohibit ...
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The environment starts to hot up
The environmental debate, it seems, is back with a vengeance. Europe's decision to call a halt to hushkitting has already sparked an acrimonious transatlantic row and there is every indication that this is only for starters. A discussion paper is due from the European Commission (EC) within weeks and, if ...
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PAL creditors back rehabilitation plan
Philippine Airlines (PAL) has received its first real piece of good news since June, as some of its biggest creditors back a make-or-break rehabilitation plan. The airline, which has been in receivership since June with a debt of more than $2.2 billion, filed the new plan with Manila's government-backed Securities ...
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Israeli skies are opened up
Israel has laid down the basis for a competitive airline industry. Not only has the Government granted international passenger rights to domestic carrier Israir, it has also licensed the Tel Aviv-based air transport company, Cargo Airlines (CAL), to compete fully with El Al on international freight routes. Against ...
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US carriers brace for Atlantic fare wars
A $99 one-way introductory fare from United Airlines for its new Boston-London route has carriers on both sides of the Atlantic braced for a fares war. Analysts say the deep cuts being seen this year over the Atlantic is inevitable, given the extra capacity diverted to this market from ...
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News in brief
ProAir eyes public - Detroit-based ProAir plans to go public this year. The new entrant carrier is completing its final, $30 million, private placement and is planning an initial public offering. ProAir, which has received a fourth Boeing 737 and plans to add five this year, aims to add to ...
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THY awaits election, privatisation
THY Turkish Airlines is awaiting the country's national elections on 18 April with bated breath, as its future privatisation and relationship with Qualiflyer partner Swissair hang in the balance. The hope is that a strong coalition government will emerge with the political backing to implement a package of ...
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News in Brief
New Cambodian - A new carrier, President Airlines, has been launched in Cambodia. It operates a single Fokker F27 on four domestic routes from Phnom Penh, plus charters to Bangkok in Thailand and plans to start scheduled services to Bangkok and Singapore. Opening up - Brunei and New ...
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Mexicans divided over Cintra
Mexican ministers have failed to agree on the future of Cintra, the holding company for Aeromexico and Mexicana. Unless they find a way to resolve their differences, the issue could be decided by Mexico's President Zedillo. The immediate question is what sanctions the competition commission can impose on Cintra ...