News from FlightGlobal – Page 2475
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Restoring orders
Last year finally saw that long-awaited recovery in aircraft orders, but few expect the boom years of 1990-1 to return on quite the same scale. Jacqueline Gallacher reports. Phew! After hitting an all-time low in 1994, aircraft order books are filling up again - but more for some than for ...
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New LOT on the block
Partial privatisation is back on the agenda at LOT Polish Airlines after a two-year delay and the carrier has emerged as a more attractive proposition. Mark Odell reports from Warsaw. Delays in the airline business are rarely beneficial, but the management at LOT Polish Airlines has used the time ...
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Financial results
Launching 29 transborder routes deflated Air Canada's forecast $72.2m profit by half. Operating cost per ASM increased 2%. Proposals to float Air Liberté in late 1997 may depend on the success of 23 new French domestic routes launches planned for 1996. Air New Zealand's international capacity ...
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The route to expansion
Airport and airline executives from all over the world will convene in Abu Dhabi on 14-15 October to explore new opportunities for growth at Routes '97. The event will be the second annual route planning workshop organised by Airline Business and consultants Airport Strategy and Marketing Ltd (ASM), ...
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PAL peace is within sight
The end of the turmoil that has plagued Philippine Airlines is in sight following the appointment of advisers for its fleet renewal programme, unprecedented shareholder unity, and equal treatment for the leading private rival on unprofitable domestic sectors. Credit Lyonnais and Chase Manhattan Bank have been chosen by ...
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Brits target key SA rivals
The UK's two long-haul carriers are looking for alliances in the potentially lucrative South African domestic market in an attempt to counter the dominance created by South African Airways' linkup with Lufthansa. British Airways and Virgin Atlantic are talking to two regional carriers aimed at securing feed and ...
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India seeks foreign cash
Four of India's private operators are looking abroad to finance their government-approved fleet expansion programmes, driven chiefly by the better terms on offer compared to those in the depressed domestic capital markets. Most significantly, East West Airlines is hoping to become the first Indian private airline to secure ...
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Heads are rolling again
In the airline business, occupancy of the corner office remains a somewhat precarious business. Just recently, the chief executives of Alitalia and Sabena have been forced to walk the corporate plank because of lack of success in restructuring their companies. At Olympic Airways, the chairman and chief executive has achieved ...
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Swiss switch on at Sabena
The collective sigh of relief breathed by Sabena's unions following the departure of chairman, president and chief executive Pierre Godfroid could quickly turn in to a moan, once his successor from Swissair settles in. The Swiss carrier has finally acted over concerns that the labour unrest at Sabena, ...
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Farewell Fokker
The search is on to find industrial partners to take over the viable remains of Fokker, which declared bankruptcy on 15 March. An independent foundation now owns Fokker Aviation, which includes the Fokker Aircraft Services maintenance firm, the aerostructures and electronics companies, and product support operations for the ...
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Can you do IT better?
The quest for greater efficiency and financial benefits is driving carriers to outsource their information technology services. Carlos de Pommes and Steve Geller detail the benefits and potential pitfalls. As airlines dig more deeply to uncover efficiency improvements, the restructuring of information technology departments is being reviewed with greater vigour. ...
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Planners in control
Traditional financial tools do not allow airlines to correct inefficiencies as they arise, a fault which can be rectified by the newly developed technique of process controlling. Report by Wendy Nichols and Harald Deprosse. It could have been any airline at any airport. The head of the check-in department was ...
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New deal for airline reps
I read with interest the remarks of Doug Rhymes in 'The Market Makers' in the February issue of Airline Business. While I share most of Mr Rhymes' opinions, I am under the impression that 'outsourcing' is a new, better word for the old concept of 'airline representation'. We ...
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Wish you were here
A plethora of low fare airlines has invaded Florida, an aviation market that traditionally serves low yield leisure traffic. Mead Jennings considers what this means for competition - both in and out of the state. Bloodbath is not a term most people associate with Florida, the US's self-proclaimed sunshine state. ...
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Airline news
British Airways is to fit out its entire shorthaul fleet with the Traffic Alert & Collision Avoidance System supplied by Honeywell Avionic Systems. Lufthansa is launching a weekly, non-stop service from Frankfurt to Shanghai from July. It will start four flights a week from Munich to Pisa and ...
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For immunity read disunity
As Washington's aviation community became distracted by the tentative signing of open skies between the US and Germany; then the immediate application for anti-trust immunity by United-Lufthansa; then other aeropolitical concerns like the US-Japan cargo imbroglio, Delta Air Lines waited. Just as it has been doing for close to six ...
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EVA quiet on home front
EVA Air is remaining silent on why it decided to buy 30 per cent of Taiwan Airlines, but its investment in a third domestic carrier in less than a year has raised many eyebrows. The Taipei-based carrier will only say the purchase is 'positive' for both Taiwan Airlines ...
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Oz taxman to take his toll
Australia's big operators Qantas and Ansett could be in for a rude shock when the taxation time rolls around later this year. Canberra's tax overlords have ruled that manufacturer credits do not qualify as a discount on the price of new aircraft but as assessable income and should be treated ...
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Terrorists cloud Israel's growth
The return of bombings and terrorism to the streets of Israel has cast a dark cloud over the prospects for the peace process, and for the normalisation of the region's economy. The high security on the borders between Israel and the West Bank, together with the violent images of destruction ...
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RAC needs to shape up
Little more than a year after throwing out two Thai-owned airlines to give new flag carrier, Royal Air Cambodge, a local monopoly on international and domestic services, the Phnom Penh government is threatening to end the protection from competition. RAC is 40 per cent owned by Malaysian telecommunication ...