News from FlightGlobal – Page 2309
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News
easyJet sees black
Privately owned easyJet has finally turned a profit, but the publication of its first set of results has provoked scepticism and speculation that it may soon be up for sale. The carrier's 1998 pre-tax profit of £2.3 million ($3.8 million) on a turnover of £77 million, appears to belie ...
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French ambition
With a pilot deal under its belt, the French national carrier is now moving ahead with a flotation. But a global alliance still escapes the airline, while there are also doubts over its ambitious expansion plans. When in the autumn of 1997 former Air Inter boss, Jean-Cyril Spinetta, was ...
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Express yourself
As Delta Express heads for its third year of operation, not all industry observers share the group's optimism for this experiment in setting up a low-fares, airline-within-an-airline. Passengers on Delta Express aircraft wave dollar notes in the air when they see the flight attendant coming down the aisle. Having ...
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Hard day's flying
El Al is getting ready for a mid-year privatisation. Even without the right to fly on the Sabbath, the airline reckons that it is one of the most efficient in the world. When running an airline that can fly only five days a week, you could be forgiven for ...
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End of an era
After the demise of the Japanese leveraged lease, the markets for tax based aircraft leasing are being shut down one by one. What other sources of funding will replace tax leasing and will they be as cost effective? All good things must come to an end and that time ...
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Split decisions
In the next few months, Mexico's government plans to decide whether Aeromexico and Mexicana should stay under common ownership. Three years after placing Aeromexico and Mexicana in common ownership, Mexico's federal government is debating whether to keep the two airlines together or sell them separately. Common ownership was ...
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Building shareholder value
Shareholders have not always had a good deal from their airline investments. Michael Deimler and James Whitehurst of the Boston Consulting Group in Atlanta, Georgia, outline new approaches to help management put investor values first. For shareholders with a long term perspective, airlines have historically been a high risk, low ...
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Little hope of early US-UK open skies
A sceptical but curious US delegation is preparing once again to sit down with UK aviation representatives in mid-February for informal talks on open skies, although the mood in Washington is pessimistic. While the USA now has more than 30 open skies agreements in place around the world, a ...
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A final flurry of orders
Despite the gathering gloom, 1998 turned out to be another bonanza year for jet airliner sales. As the year-end totals rolled in, it became clear that Airbus and Boeing had managed to net the second largest bag of orders on record. That may raise few cheers from an airline industry ...
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Are there dangers in duopoly?
As Airbus again draws closer to Boeing, are there risks from an airliner duopoly? Whatever else the Airbus and Boeing year-end figures may have revealed, there is one fact that remains inescapable. The market for large civil aircraft is now a straight fight between two fairly evenly matched manufacturers. Conventional ...
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Euro: business as usual
Following the introduction of Europe's new currency, the question being asked in the travel industry circles is what impact the euro will have on prices. There are immediate benefits of the euro, such as the elimination of exchange rate risk, but what about fares? Travel agents, tour operators and ...
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ROUTES
Chicago service - All Nippon Airways is to launch Tokyo-Chicago services on 13 April. The daily non-stop service will be run with Boeing 747-400s, seating 319. It will be the sixth US destination for ANA, after New York, Los Angeles, San Francisco, Washington DC and Honolulu. Round the world ...
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Prevention is better than cure
The increase in disruptive airline passengers - the perpetrators of 'air rage' - is a warning sign that flying is becoming more stressful. Even its most ardent supporters would have to admit that airline travel is not always the most soothing of experiences. The advertised image is of the ...
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News in brief
Mood not so good - It will be "another good year for the US airline industry", according to Moody's credit ratings agency, but growth in Europe and the USA will be slower and profits lower than last year. Asia still faces "a difficult environment", except China. EVA's early recovery ...
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News in Brief
BA/JAL link - British Airways and Japan Airlines have inked a strategic partnership agreement that will take effect from 1 April. Initially covering codesharing on JAL's Osaka-London service from "late summer", it moves the Japanese carrier closer to a place in the oneworld alliance. JAL has strong ties with all ...
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Sri Lankan Government puts paid to PeaceAir ambition
The Sri Lankan Directorate General of Civil Aviation has frustrated attempts by would-be start-up PeaceAir to firm up its memorandum of understanding, signed with Boeing last September, for a 747-400 Combi. It has been told that it cannot register the aircraft in Sri Lanka and that the Sri Lankan Government ...
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PC-12 heads for US commercial history
Ramon Lopez/WASHINGTON DC Start-up US regional carrier Community Air hopes to begin scheduled passenger services in April, with the single-engined 10-seat Pilatus PC-12. The small carrier is the first to exploit recent US Federal Aviation Administration legislation that allows the carriage of fare-paying passengers in single engined aircraft under ...
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COPA completes deal for 12 new Boeing 737-700s
COPA has finalised a deal to acquire 12 new Boeing 737-700s through order and operating leases. The carrier will re-equip its fleet completely and expand services to Central and South America. The privately owned Panamanian carrier has ordered eight 737s from Boeing and will lease a further four aircraft, ...
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Croatia Airlines nears alliance
Andrew Doyle/ZAGREB Croatia Airlines is finalising a strategic tie-up with a major European flag carrier as the next stage in its plans to establish Zagreb as a regional hub for destinations in the former Yugoslavia. The move comes hard on the heels of the acquisition by the Croatian ...
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Eurocontrol firms up separation plans in bid to beat congestion
Andrew Doyle/DUBROVNIK Proposals for a major shake-up of Europe's congested airspace, aimed at securing extra capacity, will be considered by Eurocontrol in April. If approved, the programme will commit 38 countries to work together to introduce reduced vertical separation minima (RVSM) between flight levels 290 and 410 simultaneously ...