News from FlightGlobal – Page 1632
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Indian Airlines finally freed to grow
After well over a decade without adding new aircraft, state-owned Indian Airlines has finally secured government backing to order 43 Airbus narrowbodies to help it better compete against fast-growing private carriers.
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Europe rules on airport state aid
The European Commission has finally released its guidelines on aid at regional airports to a cautious welcome from much of the industry – with the notable exception of the low-cost sector.
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Delta and Northwest finally succumb
A smaller industry is the most likely result of the Delta and Northwest Airlines bankruptcies, but carrier consolidation is still a distant prospect in the USA.
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More outsiders look to invest in China
Foreign interest in the Chinese market continues to grow, with Korean Air and Taiwan’s China Airlines both looking to take equity stakes in new starts.
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Virgin Blue at centre of power struggle
Ever since Patrick Corporation took control of Virgin Blue in April, Sir Richard Branson has been angling to get back into the carrier he started.
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Austral set to fly overseas
Argentina’s air transport industry has entered more turbulence – this time over who will operate its international routes.
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United outlines post-bankruptcy vision
The long-awaited United Airlines reorganisation plan is set to free the carrier from bankruptcy in February, 38 months since parent UAL sought Chapter 11 protection from creditors in the largest airline bankruptcy on record.
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Star IT platform finally gets the green light
Star Alliance partners Lufthansa and United Airlines have finally committed to a deal that will see technology provider Amadeus develop a common IT platform for the two airlines.
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No easy fix to US woes
Delta and Northwest may now be under bankruptcy protection, but talk of US carrier consolidation is premature, writes Chris Tarry of the CTAIRA consultancy, with analyses from Fabrice Tacoun
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Back to the table
As the groundwork is laid for a new round of transatlantic talks on open skies, there is some hope that progress can be made, despite the many obstacles still to be overcome
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Sliding doors
Thai Airways is in a state of flux, with president Kanok Abhiradee hastily sidelined in the wake of huge losses. But product upgrades and new routes instigated before his departure are beginning to bear fruit
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Protect and survive
The mid-September Chapter 11 filings of Delta Air Lines and Northwest Airlines followed a well-trod path of US carriers seeking the shelter of the bankruptcy courts, but are unlikely to herald a new era of consolidation or reregulation
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After the storm
Hurricane Katrina has jacked up jet fuel prices far more than crude oil costs, hobbling attempts by major carriers to restructure without bankruptcy protection