News from FlightGlobal – Page 2280
-
News
Who's ready for a cosy threesome?
And then there were three. If things work out as planned - and that's a big 'if' - over 80 per cent of the US airline industry will be in the hands of three alliance groups. Globally, the situation is less clear-cut, but the industry is moving in the same ...
-
News
How does your airline grow?
Tom Barkin and Todd Morgan With most airlines failing to deliver satisfactory shareholder returns over the full business cycle, it is essential to look beyond the core business for profitable growth. But seeking out and exploiting the best opportunities is not easy. Airlines need to combine their unique capabilities or ...
-
News
Indian policy starts afresh
Ravi Prasad The appointment of a new Indian civil aviation minister, Ananth Kumar, is translating into a fresh outlook for Indian aviation policy. The minister is scrutinising recommendations made by an expert group, headed by a senior civil aviation ministry official, to reassess India's aviation sector. Kumar promises ...
-
News
Will sun rise in Japan?
David Knibb After a bad year for all three major Japanese airlines, the debate is now whether their woes are temporary or due to deeper, more fundamental problems. Japan Airlines claims to have resolved its problems and cleaned up its balance sheet by taking a US$1.2 billion write down. ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
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 ...
-
News
Taiwan urge to merge
David Knibb Taiwan's skies will be less crowded if recently announced consolidation plans proceed. How far these go, however, will depend on key players which have not yet revealed their intentions. Three air crashes in February claiming 218 lives prompted Taiwan's premier Vincent Siew to call for a new ...
-
News
Bizarre Thai love triangle
David Mann Singapore Airlines, Lufthansa and Qantas are among the latest suitors to be linked with buying a stake in Thai Airways International, as doubts linger over the airline's future membership of the Star Alliance. SIA, due to join Star in the near future, has confirmed its interest in ...
-
News
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' ...
-
News
Uganda eyes foreign cash
Tom Gill Uganda Airlines is set to go private, with the sale of a controlling stake slated for mid-year. Six airlines have expressed interest in a yet to be determined majority stake in wholly government-owned Uganda Airlines, according to Michael Opagi, director of the Ugandan government's privatisation unit. The ...
-
News
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 ...
-
News
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 ...
-
News
Latin link-up
Continental Airlines plans to buy a 49% stake in COPA and begin code-sharing with the Panamanian carrier. The deal will require the exclusion of COPA, part of the TACA Group, from the pending American Airlines/ TACA alliance, which would bar group airlines from entering marketing agreements with other carriers. The ...
-
News
Boeing breaks 4,000 sales mark for 737s
Sales of the Boeing 737 have passed through the 4,000 mark as a result of top-up deals from various Next Generation 737 customers. American Airlines has concluded a deal for 25 more 737-800s, bringing its total 737 orders to 100. The newly ordered aircraft will arrive between January 2000 ...