Airline Business articles from March 2002

Airline Business archives from March 2002

In brief.(Empressa Ecuatoriana de Aviacion, Aeropostal Alas de Venezuela)(Brief Article)
March 1, 2002... Saeta gone for good Two years after it stopped flying, Ecuador's Saeta has finally lost its operating licence. In its last gasp, Saeta tried to convince officials to approve a plan for Peru's AeroContinente to wet-lease aircraft to it for...

Foreign carriers retreat from Argentina.(as country's economic crisis deepens)(Brief Article)
March 1, 2002... Foreign airlines are reducing their Argentinian services as the country's economic crisis deepens. Devaluation of the peso has brought short-term pain to carriers who must now honour tickets sold in pesos when the currency was still pegged...

Business travel makes slow recovery.(air-travel sales down 25 percent at end of 2001)(Brief Article)(Statistical Data Included)
March 1, 2002... Although US business travel is showing signs of improvement, most industry observers say strengthening will be gradual, and that a full recovery is at least one, if not two, years away. Alex Wasilov, president and chief operating officer of...

JetBlue floats for $125m.(initial public offering)(Brief Article)
March 1, 2002... TEXT: JetBlue Airways hopes to raise $125 million in an initial public offering (IPO), two years after the low-fares startup began flights from New York Kennedy airport. It had planned an IPO or flotation just before the September attacks. ...

US majors seek a fresh vision amid the red ink.(United Airlines reports biggest full-year loss in airline history)(Brief Article)(Statistical Data Included)
March 1, 2002... The year ahead may seem like the rerun of a familiar horror movie for some UScarriers, led by a beleaguered United Airlines.But others detect a new sense of maturity which was missing during the last recession. At United Airlines, the...

Confusion reigns over Transbrasil.(restructuring)(Brief Article)
March 1, 2002... Transbrasil met its second extended deadline to file a restructuring plan, but it still faces a battle to win back its operating licence and avoid permanent loss of all routes and airport terminals. Symbolic of its troubles, the plan...

Delta resists union recruitment bid.(Delta Air Lines, Association of Flight Attendants)(Brief Article)
March 1, 2002... david field washington Delta Air Lines has been able to persuade enough of its flight attendants to ignore a massive union organising drive, defeating the largest membership campaign since airline deregulation. Although the Association...

Rights of passage.(British Airways, American Airlines, slots at London Heathrow)(Brief Article)
March 1, 2002... The question of how much a slot is worth has again come into question by the USdecision on BA/AA. Chris Tarry of Commerzbank looks for the true value. Last month's decision by British Airways and American Airlines not to pursue antitrust...

Mekong plans to fill void in Cambodia.(Mekong Airlines readies new service)(Brief Article)
March 1, 2002... A new airline is being readied for launch in Cambodia to fill the gap in the market left by the collapse last year of national carrier Royal Air Cambodge (RAC). The carrier is to be known as Mekong Airlines and is backed by a group of...

Japanese partners detail merger focus on cost cuts.(Japan Airlines Company Ltd., Japan Airlines System)(Brief Article)(Statistical Data Included)
March 1, 2002... Japan Airlines (JAL) and Japan Air System (JAS) are forecasting substantial cost savings from their planned merger, and have finalised a formal schedule for its completion. The carriers announced the plan in November, and confirm the new,...

MAS reduces domestic exposure.(Malaysia Airlines restructuring strategy)(Brief Article)(Statistical Data Included)
March 1, 2002... nicholas ionides singapore Malaysia Airlines (MAS) has unveiled another wholesale restructuring that will see its loss-making domestic operations split from more healthy international operations, and a new firm taking over long-term. ...

In brief.(two news items)(Brief Article)
March 1, 2002... Ansett orders 30 Airbus A320s Australian investment group Tesna has signed a memorandum of understanding with Airbus to acquire 30 A320s and A321s, with an option on a further 10 aircraft, for Ansett as it strives to re-launch the...

US codeshare key for Royal Jordanian.(Royal Jordanian Airlines)(Brief Article)(Statistical Data Included)
March 1, 2002... Royal Jordanian Airlines aims to seal a codeshare deal with a US carrier by July in what could be a key move in kick-starting its long-delayed privatisation later in the year. July is when the carrier's first Airbus A340s arrive...

AAPA adverts to boost travel.(Association of Asia Pacific Airlines launches marketing campaign)(Brief Article)
March 1, 2002... The Association of Asia Pacific Airlines (AAPA) has taken the unusual step of launching a major advertising campaign aimed at restoring confidence in air travel following the September attacksin the USA. Television and print advertisements...

Mergers promise profitable future.(China to consolidate its airline industry)(Brief Article)
March 1, 2002... The last regulatory hurdles in a sweeping overhaul of China's airlines and aviation bureaucracy have been overcome, with the top-level State Council approving a long-studied package of changes. The restructuring has been worked on for...

Qantas threat angers New Zealand.(Qantas says it will try to put Air New Zealand out of business)(Brief Article)
March 1, 2002... Reports of a Qantas plan to crush Air New Zealand (ANZ) on its home turf are going down badly in New Zealand. Qantas chief executive Geoff Dixon told company managers that he intended to boost flights from Australia to New Zealand, and to...

Simplicity itself.(British Airways pledges to simplify its fare structure)(Brief Article)
March 1, 2002... Major carriers on both sides of the Atlantic have been soul-searching over their role in the world and British Airways chief among them.The UK carrier's pledge to simplify its business structure and make pricing more transparent could provide a...

Swissair receivers sell catering and handling units.(Brief Article)
March 1, 2002... The receivers at the Swissair Group have sealed the disposal of two of its major subsidiaries, ground handler Swissport and in-flight catering company GateGourmet. They have also sold the Group's stakes in South African Airways (SAA) and...

Eurocontrol hits back at AEA criticism over delays.(Association of European Airlines)(Brief Article)
March 1, 2002... A slight improvement in delays over 2001 has won only a cautious welcome from the Association of European Airlines (AEA) which complains that delays are still "unacceptably high". BYLINE: colin Baker london Some 24.2% of flights were...

EasyJet raises the heat over Orly slots.(Brief Article)
March 1, 2002... EasyJet's angry salvos over slot allocation at Paris Orly represent a further warning sign of the battles that lie ahead as low-cost carriers begin to surge out of the UKmarket into continental Europe. BYLINE: colin baker London ...

[0] In brief.(Virgin Express merger w/ SN Brussels Airlines)(Brief Article)
March 1, 2002... DATrebrands as SNBrussels DAT, the successor to Belgian flag carrier Sabena, has rebranded itself as SN Brussels Airlines. A merger withVirgin Express has also been agreed in principle. ECpresses on with service bill Despite the...

In brief.(two news items)(Brief Article)
March 1, 2002... New doubts for Olympic The privatisation of troubled Greek flag carrier Olympic Airways was thrown into further confusion when the last bidder remaining, Integrated Airline Solutions Consortium, missed a deadline to make promised financial...

Signs of recovery thin on the ground.(airline industry attempts to recover)(Brief Article)
March 1, 2002... Fourth quarter results from Europe's major carriers suggest that, though the traumas of 2001 hit the bottom line badly, cost-cutting has been equally dramatic. However, there are still few signs of a convincing recovery. British Airways...

Swiss new guard.(Swiss Air Lines plans new management strategies and goals)(Brief Article)(Statistical Data Included)
March 1, 2002... At the launch of the new "Swiss" flag carrier, the airlines management made it clear that the fight for intercontinental hub status is far from over. With a 30% cut in capacity, the company believes that transfer traffic will fall from 60% to...

Out of.(Sabena and Swissair collapses cause losses for airports)(Statistical Data Included)
March 1, 2002... the ashes The demise of Sabena and Swissair has badly dented the hub status of Brussels and Zurich - though the two carriers do seem to be coming back from the dead last year's collapse of Swissair and Sabena was seen by many as a...

Industry seeks mutual insurance deal.(airlines need insurance)(Brief Article)
March 1, 2002... A global solution to providing war risk insurance cover for airlines may be the preferred option, but the time needed to put this in place has caused Europe and the USA to put forward their own interim proposals. Airlines are having to pay...

USopen skies faces court threat.(European Court ruling)(Brief Article)
March 1, 2002... The European Commission (EC)has won the opening round in its legal challenge against US open skies agreements, although some of the urgency has subsided following the decision by American Airlines and British Airways to abandon their latest bid...

Climbing the mountain.(British Airways, management strategies and goals)(Company Profile)(Statistical Data Included)
March 1, 2002... BA's future size and shape exercise has outlined radical cuts across the European network and there is the promise of more change ahead as it squares up to low-cost competitors at London Gatwick. BYLINE: kevin O'toole and mark pilling...

USA loses WTO appeal.(World Trade Organization rules foreign sales corporation act amounts to illegal subsidies)(Brief Article)
March 1, 2002... Ending a four-year battle, the World Trade Organisation (WTO) has announced in its final ruling that the US foreign sales corporation act amounts to an illegal subsidy.?This follows an appeal by the USA from a WTO panel decision last August...

Scandinavian high flier.(profile of Austrian Airlines official)(Brief Article)
March 1, 2002... Ever since he worked at a regional Danish airport in his summer holidays in between his studies, Vagn S?rensen has had a fascination with the air transport industry. After graduating from the Business School of Economics at the University of...

Renaissance.(Austrian Airlines management strategies and goals)(Statistical Data Included)
March 1, 2002... man Vagn S?rensen's career took an unexpected turn last year. He left SASunder a cloud, only to become the first foreign head of Austrian Airlines It is said that you should always try to find some good in the worst of situations. Yet...

Core.(General Electric Aircraft Engines develops GE90)
March 1, 2002... General Electric has great plans for the GE90 but its near-term future is pinned on the longer-range 777s For all engine makers, the development game is a long one - yet some play a hand that stakes much on a single core concept and the...

Under-powered.(aircraft engine manufacturers face uncertain 2002)(Industry Overview)(Statistical Data Included)
March 1, 2002... Manufacturers face tough times in a market where not only have new engine deliveries started to slump, but where the lucrative spares and repairs business is also being hit by cutbacks in flying. In common with much of the rest of the...

Special report.(recession influences aircraft engine manufacturing industry)(Brief Article)
March 1, 2002... EnginesWith the world economy poised to slow in 1999 The big three aircraft engine manufacturers have been hit hard by recession as they struggle with lower orders and fewer spares, while at the same time developing the technologies which...

Over.(International Civil Aviation Organization considers engine noise standards)(Statistical Data Included)
March 1, 2002... the limit Proposals put forward by Brussels are likely to see a number of aircraft/engine combinations excluded from certain European airports After a tense couple of years, the 33rd general assembly of the International Civil Aviation...

Technology.(aircraft engine manufacturers seek development of energy efficient engines that reduce noise and emissions)(Statistical Data Included)
March 1, 2002... stalking Millions of dollars are being invested to find the step changes in fuel consumption, noise and emission reduction, and improved reliability which airlines want from their next generation of powerplants. There was a time when...

Battered.(Balkan airline companies seek to re-establish order)(Statistical Data Included)(Industry Overview)
March 1, 2002... not BYLINE: bowed With relative peace back in the Balkans, the fragmented airline industry is trying to re-establish a semblance of order Not so long ago, commercial aviation in the Balkans began and ended with JAT Yugoslav...

Russian.(Volga-Dnepr, management strategy and goals)(Statistical Data Included)
March 1, 2002... steps Russian carriers have not, so far, made much of an impact on the rest of the world. Volga-Dnepr's Alexey Isaikin is trying to change all that Mention Russian air cargo and two images come to mind. One is of a ragbag collection...

Contents.
March 1, 2002... Comment 9Simplicity itself Briefing International 11Global insurance deal Crucial EC court decision USAloses WTOappeal Americas 14Majors seek new vision 15Business travel picks up Delta resists...

The.(airline industry globalization)(Statistical Data Included)
March 1, 2002... lost BYLINE: decade Despite the world's march towards segmented, global markets over the past decade, the airline industry remains dominated by national players. But the established carriers may soon face a choice - do they plan to...

The only way is up.(airline industry begins recovery from World Trade Center and Pentagon attacks)(Brief Article)(Industry Overview)(Statistical Data Included)
March 1, 2002... Six months after the attacks, USairlines and analysts are beginning to talk about the industry moving from crisis management to recovery, reports David Field from Washington. In London, Colin Baker finds that intra-European traffic has held up...