News from FlightGlobal – Page 2444
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News
Bought in Taiwan
Taiwan's major carriers are tying up more domestic links through stakes in local airlines. EVA Air will raise its stake in Taiwan Airlines from 30 to 40 per cent, while rival China Airlines has agreed to acquire a third of Formosa Airlines, subject to government approval. U-Land is now the ...
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Aircraft news
Garuda Indonesia has signed orders for six Boeing 777-200s, to be delivered between 1997 and 1999, and 17 B737-300s and B737-500s, planned for delivery between 1997 and 1999. It also has taken options on six B747-400s. Egyptair's additional order for three Boeing 777s is for delivery between May and August ...
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Appointments
James P Kelly has been elected chairman and chief executive officer of United Parcel Service. Isaac Omolo Okero is the new chairman of Kenya Airways, which has renewed the contracts of managing director Brian Davies and finance director Malcolm Naylor. John W Power is to become ...
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Canadian change
Canadian Airlines' chief financial officer, Kevin Benson, has become president and CEO replacing Kevin Jenkins, who resigned under union pressure. Air Canada has named John Foster Fraser as its non-executive chairman replacing Hollis Harris. Source: Airline Business
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Bow to no man
Pieter Bouw, the president of KLM, will need all his knowledge of the industry to rise above the crisis in the relationship with Northwest Airlines, growing competition from other hubs and US-European alliances, and insufficient market share in Europe. Interview by Jackie Gallacher. Airline Business: KLM's operating result declined ...
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Rivals in a state
What should airlines do when their competitors benefit from state aid? Gerrit Schohe argues that the current system for approving state aids requires an overhaul, but suggests that Commission decisions can be challenged successfully. One of the biggest controversies in the European aviation industry arose when the European Commission ...
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Extra lift
Atlas Air has found a winning formula: acquire used Boeing 747-200 freighters and operate them profitably on behalf of major airlines. Jane Levere reports. Some people say Atlas Air, the Golden, Colorado-based cargo carrier, is really in the taxi business rather than the air freight business. However you describe the ...
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Slow to plug in
It's not surprising that Asia Pacific's electronic distribution push is being spearheaded by Japan, a country renowned for its leadership in the business of high technology. The nation's airlines have already made ticketless travel and self-service check-in and ticketing part and parcel of flying the country's domestic skies. All Nippon ...
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Ancient and modern
Saudi Arabian's new name and image are the latest components in a programme of wholesale change at the airline. Director general Dr Khaled A Ben-Bakr talks to Richard Whitaker. When it comes to changing things, Dr Khaled Ben-Bakr isn't reticent. Last year's order for $6 billion worth of new aircraft ...
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Smart cards to chip in
European carriers tend to wait for the thumbs-up from their US counterparts before pursuing any new trend. Yet the advanced stages of development of some of the carriers' electronic distribution products in Europe underscores their confidence in the huge potential this area has for transforming the business. The 'me-tooism' of ...
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Airline news
Unijet Group is to take over full ownership of Leisure International Airways by the end of April 1997, increasing its shareholding from the current 40 per cent. Continental Airlines introduced a daily route from New York/Newark to Quito via Bogota, a weekly flight to Düsseldorf, and second daily ...
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Wired for a new era
Last April, Dr Julius Maldutis, the airline analyst for Salomon Brothers who's never at a loss for superlatives, labelled electronic distribution the US airline industry's 'third revolution,' behind deregulation and the introduction of the jet. If an industry-wide on-line auction system for unsold seats existed, it would have added $5.7 ...
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TAP trickles into Macau
TAP Air Portugal is having a tough time on its newly launched route from Lisbon to Macau. Its difficulties range from inability to make the best use of its alliance partners to scheduling inefficiency. Launched in April, the twice-weekly flight operates via Brussels, with a block-space agreement with ...
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Arabs set to close ranks
Attempts to boost aviation cooperation in the Arab world are gathering pace. Ten carriers are considering a consultants' study recommending a pan-Arab airline alliance, while the birth of the long-awaited Arab Civil Aviation Commis- sion promises to strengthen ties further. A nine-month study on behalf of 10 of ...
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Alitalia plans more links
Once its restructuring plan is finally in place Alitalia will start the search for more alliances, and it may even invite partners to take a share in developing the new hub at Milan/Malpensa, according to new chairman Fausto Cereti. 'We plan to be a piece of a global ...
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Antitrust is key in open skies talks
The proposed BA/American alliance is forcing regulators to examine airline mergers more closely than ever, while Brussels is nearer to gaining a full mandate to negotiate with the US. Report by Mark Odell, Lois Jones and Mead Jennings.While UK and US regulators concentrate on the task of assessing the implications ...
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Asia's triple owner shift
Three major Asian carriers have signalled a new round of ownership changes to help fund up to $9 billion of aircraft orders. Garuda has begun a major restructuring ahead of privatisation, Philippine Airlines plans a public share offering, and Malaysia Airlines may sell 10 per cent of its stock to ...
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Canada's hair of the dog?
Canada's federal cabinet has overruled a National Transportation Agency decision and allowed coach operator Greyhound to launch a low-cost, no-frills airline that became Canada's fourth scheduled trans-continental carrier in early July. The NTA had previously blocked Greyhound's plans by ruling that the company could not obtain its own ...
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Dragonair breaks ice
Confirming Beijing's increasing influence over Hong Kong, a surprising number of clouds over the territory's aviation arena melted away within days of Cathay Pacific's shareholders approving the deal giving China National Aviation Corporation control of Dragonair. Taiwan headed the list, with Hong Kong's Sino-British Joint Liaison Group giving ...
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Seoul seeks North accord
South Korea is trying to block Pyongyang's attempts to end years of isolation by widening commercial aviation links, unless North Korea agrees to extend its offer of opening its airways to all carriers and sign a joint air traffic control accord for the peninsula. The latest manoeuvring by ...