The bankruptcy administrators in charge of the operations of Ansett Airlines subsidiary Kendall Airlines and independent Ansett affiliate Hazelton Airlines have accepted a A$500,000 ($275,000) deposit from Australiawide Airlines as part of a tentative purchase agreement for both carriers.
As the air transport industry slowly recovers from a sagging global economy and persistent geopolitical unrest, regional airlines have recast themselves as agents
for change in a business often criticized for its inflexibility and lack of fiscal discipline.
UK regional carrier British European Airlines hopes to marshal more active support ofairframe manufacturers as it considers a larger, longer-range replacement for its BAe 146s.
Local politics–not economic necessity or distance from commercial centers–might influence the administration of Europe’s public-service obligation (PSO) air service contracts more than any single factor, according to an academic report for Scotland’s Highlands and Islands (H&I) regional authority.
Following recent restructuring, British Airways wholly owned regional subsidiary BA CitiExpress (BACE) “is on track to stop the bleeding,” but will need at least another year to meet profitability targets, company officials predict. The airline has made
Some charter companies are reporting new interest and bookings as a result of last month’s terrorist attacks. Demand is reportedly up in response to more time-consuming airline check-in security requirements, as well as the perception that charter will provide better security. One wire story said a charter service in Southern California reported a 110-percent increase in customer calls.
Political and commercial agendas, both individual and collective, rarely allow for a wholly accurate assessment of the regional airline industry’s condition. With an array
of conflicting and ambiguous signals from within executive circles, trying to gauge industry prospects at this year’s Regional Airline Association convention in St. Louis would prove as frustrating as ever.
Brazil's aircraft investigation board, Cenipa, won't release its report on the Embraer Legacy 600/Gol Airlines Boeing 737-800 midair until early next month, but many of the report's details have already been leaked to São Paulo-based daily newspaper Folha de São Paulo. All 154 aboard the Gol airliner were killed when the two aircraft collided at FL370 over Brazil's Amazon jungle, but the damaged Legacy landed safely.
As more signs of air transport recovery rise out of a global economy still hampered by geopolitical unrest, regional airlines continue to parlay their cost and flexibility advantages into steady gains in traffic and profits, even while their mainline counterparts struggle to reverse the near disastrous effects of 9/11, the invasion of Iraq and the outbreak of SARS in the Far East.
While regional airlines in the U.S. enjoy something of a renaissance as a result of post-9/11 capacity restructuring, Europe’s regionals continue to register unspectacular traffic growth and progressively deteriorating yield performances. The reasons vary, but delegates at last month’s ERA spring conference in Barcelona more often than not pinned the blame on the rise of the discount fare segment.