Networks – Page 1199
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Korean sees hope ahead
David Mann Despite gloomy economic conditions in Korea, Korean Air remains bullish about its prospects. The airline aims to increase its operating revenue to US$3.5 billion this year, up from US$3 billion in 1997. And its optimism does not appear entirely misplaced. Salomon Smith Barney's Peter Negline agrees that ...
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Korea opens up its skies
David Knibb Both Koreas have taken strides towards liberalisation as South Korea agrees to an open skies bilateral with the US and North Korea allows regular commercial overflights. The South Korea-US bilateral was sealed in late April, after three rounds of tough negotiations in which Seoul successfully held out ...
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Oz to rescue Air Niugini?
David Knibb While Papua New Guinea's government ponders whether to accept Qantas Airways' offer to take over management of Air Niugini, the ailing PNGcarrier is slashing international services in an effort to stem its losses. PNG's prime minister Bill Skate has asked Qantas to manage government-owned Air Niugini and ...
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Peru opens skies first
Peru has leapfrogged past Chile in its open skies negotiations and agreed to a deal that phases in liberalisation over four years. The open skies agreement was initialled on 9 May but not made public by presstime. The deal follows the pattern of recent treaties signed with Japan and ...
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Ryanair passes go in Europe
Tom Gill With soaring profits, share price and traffic, Europe's largest and longest established low-cost airline may yet achieve its ambition to be the Southwest of Europe. But as it strives to continue its profitable growth path Ryanair can expect to cross swords with the new British Airways ...
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SAA moves key players
Roger Makings Transnet's board of directors decided to oust Zukile Nomvete from his position as executive director of South African Airways on 8 May, following the airline's dismal performance during his two-year stewardship. Sources within SAA predict that Mafika Mkwanazi, deputy managing director of SAA's parent company, Transnet, will ...
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SAA will be sold on
Roger Makings The partial privatisation of South African Airways will go ahead as planned, despite a series of setbacks which threaten to delay the deal. The Minister of Public Enterprises Stella Sigcau under whose department SAA falls, says that although the first deadline has been missed, the 31 October ...
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Lufthansa to fight EC plan
Tom Gill Lufthansa is threatening legal action against the European Commission if it proceeds with plans to force it to relinquish slots at Frankfurt. Lufthansa is prepared to proceed to legal action in the EuropeanUnion Court of Justice if necessary, it declares. The German flag carrier's comments came ...
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Time to climb?
Karen Walker From the bottom of the pile, life offers a different perspective. While most US airlines have returned to profitability in the 1990s, the financial haemorrhage at Trans World Airlines has continued. So management was encouraged to note, after announcing 1998's first quarter results, that the words 'beleaguered' ...
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Caught in the loop
Lois Jones There's no denying it - from movies to massacres, from hamburgers to heart disease cures, from diets to democracy, the United States leads the way while the rest of the world is inclined to follow. So what happens now that this 'Land of the free' has suddenly ...
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Airline News
EVA Air is due to launch three times weekly flights from Kaohsiung to Ho Chi Minh City and Los Angeles from 11 June. In addition, the Taiwanese carrier is due to start three times weekly flights between Paris and Taipei via Dubai and three times weekly flights between Vienna and ...
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Air Wisconsin 328s start
Air Wisconsin has begun operations with its new fleet of Fairchild Dornier 328-120s on feeder services for United from its Denver hub. Earlier this year the airline took over the operations of Mountain Air Express, which had operated the 328s from Denver as the regional subsidiary of the now defunct ...
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Boeing warns on China hopes
Paul Lewis/BEIJING Boeing is sounding a warning that earlier expectations of a large new order for aircraft from China in June could be affected by a marked slowdown in local airline traffic growth and the knock-on effects from Asia's wider economic difficulties. The Civil Aviation Administration of China (CAAC) ...
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Lufthansa eyes 747-400 freighter
Shahe Ouzounian/FRANKFURT Lufthansa Cargo says it will need to replace its fleet of Boeing 747-200Fs early in the next decade, with the 747-400 freighter the prime candidate, even though the German operator considers the aircraft "too expensive". Wilhelm Althen, chairman of the executive board, says that its fleet ...
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Routes
-Cityjet is to start daily services to Dublin from the UK's East Midlands Airport on 8 June using a Saab 2000. -Continental Airlines and VASP have signed a code-sharing alliance, which will come into effect on 1 July and enable VASP to sell half the seats on Continental's flights between ...
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SR Technics reveals global ambitions
SR Technics, the maintenance subsidiary of Swissair parent SAir Group, is trying to secure joint venture partners in the USA and Asia-Pacific to enable it to offer comprehensive global support to its airline customers. Konrad Wittorf, vice-president of aircraft maintenance and overhaul, says that the company has retained Ernst ...
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US Airways may forge fresh alliance with British Airways
Ramon Lopez/WASHINGTON DC US Airways could forge a new marketing alliance with British Airways as a result of the projected tie-ups by both carriers with American Airlines. The deal would go ahead only under certain conditions, says Stephen Wolf, head of US Airways Group. The prospect of a ...
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Virgin and Go launch London Stansted invasion
Virgin is poised to take over a UK airline, probably Sabre Airways, as its Brussels-based low fare division Virgin Express launches services to London Stansted. The airport could eventually become its UK hub. Meanwhile, British Airways' low fare airline Go has begun to operate at the airport. Speaking at the ...
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SIA warns of harder times to come as growth creeps up
Paul Lewis/SINGAPORE Singapore Airlines (SIA) has warned of a tougher year ahead in the face of falling passenger loads and anticipated erosion of yields, after announcing only a marginal growth of net profit for the 12 months ending 31 March. The airline turned in a net profit of S$1.03 billion ...
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Boeing refines 777-200X design to tempt launch customers
Paul Lewis/SEATTLE Boeing has reaffirmed its commitment to launching the planned 777-200X/300X derivatives and is undertaking a fresh examination of a range of payload/range performance enhancements to the design. "The programme is still proceeding and there are some opportunities to make improvements to the 777-200X/300X that we are ...