News from FlightGlobal – Page 2486
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News
Taipei cuts as SA shifts
Taiwan is suspending air service with South Africa after the latter announced it was switching diplomatic recognition from Taipei to Beijing. The move will have little effect on Taiwan's airlines but raises questions about the basis of Taipei's aeropolitical policy. China Airlines has operated twice-weekly flights to Johannesburg ...
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Iberia set to drop Viasa
Iberia is set to end its Latin American airline odyssey after shareholders and unions rejected the Spanish airline's plan to restructure Viasa. The tough stance adopted by Iberia's senior management suggests that new president, Xabier de Irala Estevez, will shrug off political pressure to maintain existing links with ...
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Web fever
Business gurus like to portray the Internet as the best marketing opportunity ever and most airlines and aerospace companies have jumped onto the bandwagon. Richard Whitaker goes surfing to see what is on offer, and Jane Levere discusses the trend towards airlines using the Internet for distress sales of inventory. ...
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Sea change
A change of government has resulted in a new chief executive for Air Malta, as well as a narrower focus. The airline's investment in Italian startup carrier Azzurra Air is now being questioned. Ian Verchere reports from Malta. Malta's unexpected shift to the Left at the national elections in November ...
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No unity over Rio Grande
Mexicana and Aéromexico have each entered or expanded separate alliances with US airlines, signalling that they plan to continue competing against each other across the US-Mexico border. These pacts revive questions about the carriers' commitment to their joint Alas de America alliance with AeroPeru. Aéromexico has expanded its ...
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Mastering Micronesia
As island governments slash support for their airlines, the carriers are discovering the need to size themselves to fit their markets and to pay more heed to commercial realities. When your nearest neighbour is 10 days away by boat, aviation is fairly important. But the central Pacific Micronesians are ...
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Mutual interests
Mutual funds own substantial shares in most major US airlines. James S Altschul examines how they look at the airline business, and asks how much influence they wield. They are the behemoths of the equity investment world. Fuelled by a surging stock market, growing retail interest in equities, and a ...
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Tan tough on PAL unions
Philippine Airlines chairman Lucio Tan has displayed characteristic toughness in dealing with the carrier's three unions and has secured a four-year accord after three months of brinkmanship talks. Tan has given the unions a rude awakening after years of capitulation by the carrier's former government owners. Tan set ...
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PIA is primed for sell off
Pakistan International Airlines looks set to become the latest carrier in the region to start the hunt for a strategic equity partner, as the shortlist is drawn up for potential bidders for a stake in Air Lanka. The Pakistani government called in a team from International Finance Corporation, ...
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US pilots are out for profit
Record profits and the use of regional jets are at the root of troubled pilot union negotiations at both American Airlines and United Airlines, and American could suffer a strike. The relationship between American's management and the Allied Pilots Association has changed dramatically since early January, when APA ...
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Skating on thin ice
Competition, high costs, declining yields, and powerful unions are weighing heavily on SAS, but salvation could lie in its growing alliance grouping. It must be like hoarding a treasure chest, only suddenly to find a queue of people knocking on your door demanding a share of the booty. SAS ...
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SIA still keen on Sempati
The main reasons behind Sempati Air's delayed initial public offering have now emerged as its deteriorating financial situation and the resulting top management shakeup. These events do not appear to have dampened Singapore Airlines' interest in taking a stake in the Indonesian private carrier. 'Discussions are continuing' about ...
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Flightwest and MBA prepare to begin new Australia-PNG services
Flightwest Airlines of Brisbane is preparing to fly between Australia and Papua New Guinea (PNG), using capacity to be released by Australia's International Air Services Commission (IASC) following agreement late in 1996 on a new Australia/PNG bilateral (Flight International, 6-12 November, 1996). The IASC says that the Flightwest ...
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Lithuanian introduces Saab 340 on regional flights
Lithuanian Airlines (LAL) is leasing two used Saab 340B turboprops to develop regional routes from Lithuania's capital Vilnius. The first of the two used aircraft, formerly operated by now-defunct Spanish regional Prima Air, came into service in mid-January. The second will follow in April. LAL will ...
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Boeing regains popularity in China
Boeing is beginning to enjoy a revival in the number of its passenger aircraft being ordered and leased by Chinese carriers, as political relations between Beijing and Washington continue to show signs of improvement. After a year in which Boeing recorded total sales of only three aircraft in ...
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Sabena discusses outsourcing more of its loss-making routes
Sabena is seeking to extend its policy of outsourcing loss-making routes to low-cost operators, with its Antwerp, Belgium, to London, UK, services expected to be taken over on 1 April by VLM. The Antwerp-based regional already operates four daily return flights between Antwerp and London City Airport with ...
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Continental to Europe
Continental Airlines plans to expand its transatlantic services later this year, with the introduction of a New York (Newark International) to Birmingham, UK, service on 1 July. The US carrier will use Boeing 757s on the route. Source: Flight International
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Air Littoral orders more Regional Jets, evaluates CRJ-X
Air Littoral has signed a $133 million deal with Bombardier Aircraft for seven Regional Jets, with options on a further five. The Montpellier, France-based regional airline is also seriously evaluating the stretched 70-seat Bombardier CRJ-X regional jet. All seven aircraft, which are in addition to the nine Regional ...
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Ministry places launch order for Beriev Be-200
Russia's Ministry of Emergency Situations has placed an order with the Beta-Air consortium for seven Beriev Be-200 jet amphibians.The aircraft will be built at the APKSukhoi Irkutsk plant. Along with Irkutsk and Beriev, the Beta-Air consortium also includes Swiss financier ILTA Trade. The order is a further success ...
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Air France
François Bachelet has been appointed chief operating officer of Air France Cargo, taking over functions previously held by Sten Grotenfelt. Bachelet, who joined the company in 1965, was previously vice-president of development and a former chief executive of Sodexi, the express-freight subsidiary of Air France. Source: ...