News from FlightGlobal – Page 2258
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Profits for better and for worse
Airline profits may be at an all-time high but can the industry keep them there? It's just déjà vu all over again. So a disillusioned sportsman is said to have remarked on seeing his team once again collapse to defeat. There may be more than a few in the airline ...
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Two set for Tokyo launch
Japan has taken several more steps towards deregulating its skies by liberalising overseas fares and licensing two new domestic airlines. The Ministry of Transport is promoting fares competition by allowing higher discounts on international tickets. From October, fares for overseas tours may be 35 per cent below International Air ...
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Startup fills Vegas niche
A planned new Las Vegas-based airline differs from previous contenders in that its backers, two of the largest casino companies in the US, have a strong vested interest in its success. National Airlines expects to begin operations in early 1999 and has already raised more than US$50 million in ...
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Cintra stake changes over
The Mexican government is trying to distance itself from the management of Cintra, the holding company for Aeromex-ico and Mexicana Airlines, even though plans for a sale of Cintra shares, including those owned by the government, have been delayed. The federal government has decided to transfer its 10 per ...
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Aces trumps
Bogotá has convinced Washington that Aces can fly new Airbus A320s to the US even though Colombia remains in category 2. Category 2 freezes US routes and fleets for foreign airlines, but Aces' tests and pressure from Colombian officials convinced the FAA to exemptthe airline's new jets. Source: Airline ...
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Pilots fear US alliance
Concern over job security in light of the proposed alliance with Continental Airlines has emerged as the key issue that could lead Northwest Airlines' pilots to strike from 29 August. The pilots' union says that, contrary to company statements, the dispute is about protecting jobs, not pay. The Air ...
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United's answer to Travelocity
UAL, the parent company of United Airlines, is somewhat belatedly taking a more aggressive tack in selling its online services. For several months United has been offering tickets on its world wide web site including weekly deeply discounted, Internet-only fares, actions most of its competitors took months ago. More ...
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PAL fights for survival
Philippine Airlines' future hangs in the balance as it prepares a plan to avoid bankruptcy. PAL's interim receivership committee is being supervised by the Philippine Securities and Exchange Commission as it works towards the SEC's 21 September deadline. PAL is struggling to survive an ill-fated fleet expansion and Asia's ...
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Peru vies for US markets
Peru's airlines are scrambling to claim more than their current one-quarter share of the Peru-US market in the face of a growing invasion by US and fifth freedom airlines. Three Peruvian carriers are vying to enter the US market, which has doubled over the last eight years, sparking a ...
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Strong on caution
Qantas needs to respond quickly to market conditions yet its managing director, James Strong, refuses to be rushed into any major decisions. If he has said it once, he has said it in a dozen ways: 'There's no use charging around the place; you don't just snatch at things ...
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SIA moves to link with CAL
Singapore Airlines' latest linkup - with China Airlines - offers few clues as to whether it will join the Star Alliance. The agreement by Singapore Airlines and China Airlines to form a strategic partnership caught many by surprise because it does not follow the pattern of pacts between members ...
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A time for celebration
While 1997 certainly broke all industry records for profitability, there were already dark clouds on the horizon as the effects of the Asian currency crisis began to make themselves felt. There will be worse to come this year as economies in the region continue to slow. So while the ...
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Recipe for reform
Romania's national airline still hopes to attract a western partner, if only the economy would improve. Take one battered old airport, add a few old Russian aircraft, and then throw in years of political instability. Stir with economic collapse, simmer for nine years, and serve with a garnish of ...
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Will Gangwal get BA back?
US Airways' president and chief executive officer, Rakesh Gangwal, is hinting strongly of renewed interest in British Airways as an attractive prospective alliance partner. The US airline has been free to pursue its expansion plans since signing an agreement with its pilots' union last year. According to Gangwal, efforts ...
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US alliances meet silence
A Wall Street analyst is predicting that none of the proposed US domestic airline alliances will be approved by the Department of Transportation because of the unfavourable environment in Washington DC and concerns about competition. Candace Browning, an analyst at Merrill Lynch in New York, points out that the ...
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Winds rise in the east
Following the entry of MetroJet, US Airways' long awaited low cost spinoff, the rapidly growing US east coast market is becoming crowded with competitors. From Florida to Maine the story is the same - the US east coast is booming. Airports are growing capacity; airlines are adding frequencies; new ...
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Deregulation dogfight
The US majors are responding to the Department of Transportation's proposed policy against predatory behaviour by arguing that it will deter them from offering cheaper fares. The irony is obvious. This year is the 20th anniversary of deregulation in the US and the industry should be celebrating two decades ...
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North America: communication lines are open
If the millennium bug decides to take a bite out of the US airline industry, it will not be through lack of dialogue on the subject. Perhaps characteristically, Americans see communication as the primary frontline weapon in the war against potential computer chaos at the birth of the new century. ...
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Asia-Pacific
As Asia rocks from the effects of the year-old financial crisis, a new demon is lurking on the horizon in the shape of the year 2000 date change. The big question is whether Asian airlines will fix the millennium bug in time. Estimates of the global cost to make ...
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Europe: few direct answers
Will Europe's aviation industry be ready for the year 2000? The honest answer is that nobody yet knows. To date, companies have largely been preoccupied with their own internal compliance issues, but the wider debate over how the issue will affect the industry as a whole has only just begun. ...