News from FlightGlobal – Page 2531
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A new breed?
The US airline industry has produced several waves of startup carriers at various points in its history. The latest such surge, centred on low-cost entrants, started in 1992 with the recession in full swing and is now slowing in the swell of an economic upturn. Mead Jennings examines the new ...
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Air France sale to bail out Chirac?
There is a paradox at the heart of the economic strategy being pursued by the new Chirac administration in France. The highest priority of President Jacques Chirac's government is the reduction of unemployment. This was the centrepiece of his campaign for the presidency, his main preoccupation at the G7 ...
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Ramli row on airport cuts
Malaysia Airlines chairman Tajudin Ramli is ruffling government feathers in his drive to make the airline fully profitable, by calling for the closure of some of Malaysia's domestic airports. The airline's domestic operations, which account for about a third of its revenue, have been a drain on profits. ...
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Squeeze on down under
The strict conditions placed on the linkup between British Airways and Qantas on the Kangaroo route by the Australian Trade Practices Commission may have appeased the Asian carriers, but some of Europe's majors are feeling the squeeze in the highly competitive Europe-Australia market. Lufthansa has opted to abandon ...
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Blanc brings Inter change
With sleight of hand and a change of name, Christian Blanc, now heading up both Air Inter and Air France, has dissipated the social unrest brewing around him. Air Inter's unions were against being merged into Air France Europe, wanting instead independence and the ability to develop freely. ...
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Japan cool on codesharing
Judging from attitudes recently expressed in Tokyo, codesharing is not the key to solving the Japan-US dispute. It may have provided the way out of the US-Germany bilateral impasse, but with Japan trying to instill pan-Asian unity on aeropolitical issues, Tokyo believes extensive codesharing rights for US carriers would upset ...
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FedEx sways on Subic Bay
Amidst all the heat generated from the trade friction between the US and Japan on aviation matters, Federal Express stands out as the clear winner at home and abroad. In Washington, the express freight company's political sway has influenced the highest reaches of government. In Asia, the Japan dispute has ...
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Big boost for liability limits
The Kuala Lumpur protocols are set to upstage the much-maligned Montreal protocols on airline liability for passenger claims. If all goes as expected, a proposal adopted by 67 airlines will be approved at the International Air Transport Association meeting in Malaysia in October. It took persistent badgering by ...
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Austria rivals set for battle
Austrian Airlines has called on partners Swissair and Tyrolean to support it in the battle against rivals Lauda Air and Lufthansa as the German Monopolies Commission investigates whether Lufthansa's influence on Lauda is a dominating one. The German carrier owns 39.7 per cent of Lauda Air, with a ...
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Equity links act as lifeline
The chances of an airline alliance surviving are increased threefold if there are equity links between the partners, according to an analysis of all airline alliances undertaken by Boston Consulting Group. The same analysis, presented at a recent IIR/Airline Business conference, shows that the survival rate of intercontinental alliances is ...
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Doubts fail to rip Oz
Despite two outstanding strategic issues clouding the long awaited privatisation of Qantas, initial investor interest appears solid. But a reduced issue price is threatening to cut dramatically the value of British Airways' 25 per cent investment and shrink the expected returns for the federal coffers. As applications for ...
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No goodbye to Tata deal?
Singapore Airlines' plans to invest US$230 million in a 40 per cent share of a new Indian domestic may be stuck in the mire of Delhi politics, but the airline maintains they are far from buried. The new carrier, a joint venture with India's biggest conglomerate, Tata Industries, ...
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Investors favour Valu
For some carriers media scrutiny at times of misfortune adds fuel to the fire. But not for ValuJet Airlines. The darling of Wall Street and consumers alike seems to have sidestepped a recent spate of bad luck. Lewis Jordan, president of the Atlanta-based carrier, waves off suggestions that ...
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The digital age: A virtual reality?
Second-guessing future developments will help airlines in key areas like distribution.Good morning. It's 0800 local time on 1 August 2005. This synthesised, virtual reality, digital Airline Business newscast is brought to you, wherever you are, by satellite from London. The top stories this morning: * United Lufthansa buys final tranche ...
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Indian feed for starters
A third tier of Indian feeder carriers is emerging as more turboprop operators, backed by state governments and investment from home and abroad, start up in a potentially lucrative market. The smaller carriers will fill the gap below the country's jet operators, which, with profitability still eluding them, ...
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Iberia insists it is viable
As Spain assumes the presidency of the European Union, Iberia's management has taken a new tack in trying to convince the European Commission and industry critics that it should receive its controversial Pta130 billion ($1.07 billion) in state aid. Having blamed the recession, devaluation of the pesata, competition ...
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CAI rejigs its restructuring
Having so far failed to achieve new concessions from its employees, Canadian Airlines International has said its 30 June deadline was an 'arbitrary' date, and that it needs 20 per cent less in labour savings than estimated in April. Since passing the deadline without new contracts, management at ...
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Swedes root for Carlzon
A long-awaited shakeup in the ownership of Swedish independent Transwede will see a shift towards charter operations and a retreat back into scheduled domestic services. The change also sees the return of ex-SAS chief Jan Carlzon to the industry as president of new holding company Transpool and chairman ...
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Germans win out on codes
A recent report on codesharing for the German ministry of transport has pushed Bonn to the centre of the debate in Europe, as Brussels prepares to launch its own long-awaited study. The report by the quasi-independent state research institute, DLR, is the first of its kind in Europe, following the ...
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TransBrazil ditches 777
TRANSBRASIL HAS cancelled its order for three Boeing 777s. The Brazilian carrier informed Boeing of its decision just days before the Paris air show, held during June, but the US manufacturer has yet to announce the move officially. Transbrasil ordered the aircraft in 1993, originally for delivery starting ...