Programmes – Page 1103
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News
TAAN joins Venezuelan start-up
Despite warnings from industry observers that Venezuela's future calls for fewer rather than more airlines, new carriers continue to line up to fill the hole left by the demise of flag carrier Viasa. TAAN (Transporte Aereo Andino) is the latest planned start-up, and one of three carriers seeking operating certificates ...
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Spirit soars in USA
A US start-up which has so far secured its mostly profitable existence by controlling growth and sticking to niche leisure markets up and down the east coast is to test new waters. Detroit, Michigan-based Spirit Airlines will begin a non-stop service to Los Angeles in June and is expanding operations ...
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Bringing airlines to account
The lure of global capital markets is spurring the search for international accounting standards. To accompany the launch of the latest Bridging the GAAP reference work, author Ian Milne reports on an accountancy revolution. International accounting standards may seem an unpromising place to seek a revolution, at least one that ...
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JAL turns the corner but ANA struggles
Recovery has started sooner for Japan Airlines (JAL) than for All Nippon Airways (ANA). JAL has returned to profit, but both carriers face the twin threats of recession and domestic competition. Figures for the financial year ending 31 March will not be available until May, but the ...
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Pilot strife hits Asia
Cathay Pacific Airways and Royal Nepal Airlines have lengthened the list of Asian carriers suffering from discontented pilots. Troubled Royal Nepal suffered a serious problem in March when its pilots went on strike, grounding the carrier for 10 days. The dispute stemmed from the Kathmandu-based airline's controversial ...
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PAL suffers new rejection
The Philippine Airlines (PAL) soap opera continued in March and April, with a new episode nearly every day in the carrier's fight for survival. As of mid-April, Manila's Securities and Exchange Commission (SEC) had rejected a second rehabilitation plan filed by the airline in March, on the grounds ...
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Routes
Australian deal - Under a revised agreement, Australia and Austria are to allow unlimited cargo flights and greatly boost passenger allowances between the two countries. Austrian carriers are granted an immediate 53% increase in the number of seats sold, while airlines from both countries can add extra flights from October ...
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KAL's safety blasted on the net
Korean Air (KAL) is facing a new public relations crisis after the anonymous publication on the Internet of a damning review of its flight safety procedures and Delta Air Lines' suspension of its codeshare alliance with the carrier. The detailed assessment appeared on the Internet in March. In early ...
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Rights and wrongs
Passenger rights bills are currently winding their way through US Congress. Are passengers set for a better deal? Twenty one years after the US Government gave the airlines free rein to run their businesses as they saw fit, Congressional fingers are beginning to itch. A glance at the various ...
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All change in Taiwan
Sandy Liu, newly-confirmed president of China Airlines, is resorting to a radical approach to turn the airline around. Nicholas Ionides reports from Taipei. When Sandy Liu, president of China Airlines (CAL) has time on his hands, he picks up the company's internal telephone directory and picks a name. Liu then ...
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Growth continues
Regional airlines continue to thrive around the world, with traffic and profits climbing again last year, as the latest rankings indicate. But there are structural issues on the horizon as Kevin O'Toole, Karen Walker, Jackie Gallacher and Tom Gill report. And so regional markets continue to boom. Equipped with ...
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News in Brief
AirTran profit - AirTran has posted a profit for the first three months of the year, reporting net income of $3.1 million compared with a net loss of $7.9 million in the first quarter of 1998. Boeing reshape - Boeing has restructured its finance organisation in a ...
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Pilots hamper TAP privatisation
SAirGroup has agreed to take a stake in Tap Air Portugal, but a dispute over pilots' pay may jeopardise the Portuguese carrier's fragile profitability and remaining privatisation plans. As expected, Swissair's parent is to cement its relationship with the Portuguese flag carrier by taking a 20% stake, pending ...
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Time to talk about the scope clause
Union limits on the scale and scope of regional flying are due to be brought out into the open as US regional carriers prepare to meet in Phoenix. How times have changed. In the not too distant past, regional airlines were the minnows of the aviation world, flying on "hometown" ...
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Air China joins prospective A318 launchers
Air China has signed a tentative agreement with Airbus Industrie and Pratt & Whitney to order eight PW6000-powered A318 twinjets as a trade-in for four Boeing 747SPs. A second potential launch customer, Air France, has asked CFM International to offer the CFM56-5A as an alternative powerplant (Flight International, 21-27 ...
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Shorts boss takes on NATS privatisation task
Sir Roy McNulty, chairman of aerospace manufacturer Short Brothers, has been appointed by the UK Government to steer the country's state-owned National Air Traffic Services (NATS) through its impending partial privatisation. McNulty becomes chairman of NATS on 1 May on a contract running for two-and-a-half years and has been ...
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New York's New Air aims for new year start with Airbuses
Ramon Lopez/WASHINGTON DC New Air, which plans to launch low-fare services from New York Kennedy International in January, has ordered 25 Airbus Industrie A320 family aircraft worth an estimated $1 billion. The new US entrant also holds 25 options and 25 purchase rights on A320 family aircraft, with ...
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Varig shakes up aircraft plans as economy bites
Paul Lewis/RIO DE JANEIRO Varig has dropped plans to lease two new Boeing 777s and is negotiating with the manufacturer to reschedule deliveries of other newly ordered aircraft. The airline is also planning to restructure further its ancillary operations in the face of Brazil's recent economic difficulties. The Brazilian flag ...
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African Star ships in aircraft as it claims licence approval
Hilka Birns/CAPE TOWN South Africa's first independent and majority black-owned international airline, African Star, may have jumped the gun by announcing that the government has granted it an international air service licence. According to sources at the country's transport department, Pretoria's Air Services Licensing Council has given only ...
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Cargolux takes stock exchange route for fleet recapitalisation
Freight airline Cargolux plans to go to the stock exchange later this year, with the aim of raising $100-$150 million to help fund the expansion of its fleet from seven to 12 Boeing 747-400Fs by 2002. The Luxembourg carrier's vice-president for strategy, Lucien Schummer, says the cash will be raised ...