Networks – Page 1203
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Legend is born
Low-cost startup Legend Airlines plans to start services from Dallas/Love Field at the end of 1998, using six Douglas DC-9s. The carrier filed for regulatory approval in March. Source: Airline Business
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Regional Airlines Survey
Rank Airline Pass 000 Emp Revenue US$ 000 Net Result US$ 000 Year end Regional fleet details (In service + On order + On option) Significant shareholders Alliances Rank 1 American Eagle ...
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When the going gets tough
Lois Jones/BRUSSELS European Union competition commissioner Karel Van Miert is a man of many contradictions. One leaps out at you from the moment you meet him: his loud, lurid ties offset his traditional sober suit, which blends in with the many others lining the corridors of the European Commission in ...
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Sales and cuts in India
Air-India is drawing up sale and leaseback deals and preparing to slash staff numbers, among a series of desperate measures which aim to alleviate the airline's burden of heavy losses and debt. Air-India has proposed to its owner, the Civil Aviation Ministry, that it sell some of its Boeing ...
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BMA grabs BA capacity
British Midland has scored victory over British Airways in the first capacity hearing for a new route entrant, after complaining of an effective duopoly by BA and LOT on London-Warsaw. At a scarce capacity hearing in April, the UK CAA forced BA to concede that its plans to replace ...
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Brazil battles over fares
Brazilian airlines are seeing their comfortable cartel crumble in the wake of a full-scale fares war which is raging through the country. Several airlines began offering generous discounts on selected flights at the end of last year. But the battle took on a new dimension in March when TAM ...
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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 ...