News from FlightGlobal – Page 2286
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Routes London
Almost 50 airlines have already confirmed they will attend the Airline Business/ASM Routes event, which will take place in London on 21-22 September and will be hosted by BAA. Full details on our Web site, www.airlinebusiness.com, or call 44 161 839 0747. Source: Airline Business
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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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Virgin movers
Virgin Express Holdings chief financial officer Jim Swigart was due to take over as president and CEO of Virgin Express on 1 May, replacing Jonathan Ornstein, who has been appointed CEO of Mesa Air Group of the US. 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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DOT puts the clock back
A US Department of Transportation inspector has called for a standard definition of 'arrival' as on-time arrival becomes the latest hotly-contested issue among US majors. The call for a clearer policy came as some majors accused other airlines - most notably Southwest Airlines - of fudging the manually collected ...
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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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Reform is vital to Japan's recovery
An overriding objective for the Western industrial nations during the East Asian financial crisis has been to limit the contagion in the region - specifically, to keep it away from Japan. There has been a clear awareness that Japan, the world's second most productive economy, has acute problems in both ...
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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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Delta's quick fix?
Delta Air Lines' new chief executive Leo Mullin is getting to grips with the idiosyncrasies of the airline industry and rapidly addressing issues like service and low staff morale. But his options on the alliances front look limited. Karen Walker reports. 'This is a very strange industry,' remarked Delta ...
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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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Majors face test in Washington
Just as Washington is focusing on airlines, the carriers plan further concentration. The world of aviation is full of ironies. The competitive structure of the US airline industry is under closer political scrutiny than ever, with Senate hearings, a Department of Transportation policy statement on anti-competitive behaviour, and rumblings from ...
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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 ...