Airframers – Page 1398
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News
Eurowings discusses RJ-X launch order
Jens Flottau/DORTMUND Eurowings is in negotiations with British Aerospace to become launch customer for its updated Avro RJ-X model, with which it would replace its ageing BAe 146s. The airline is discussing an order for up to six examples. The RJ-X is BAe's planned, re-engined, AlliedSignal AS977-powered development ...
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Competition puts pressure on LIAT to restructure
Paul Lewis/WASHINGTON DC LIAT is facing growing pressure to restructure its business due to the impending entry of Eastern Caribbean Express into a market overcrowded with financially struggling regional carriers. St Lucia-based Eastern Caribbean plans to make its debut early next year, backed by Air Jamaica. The carrier, ...
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Nationwide's long-haul plans are scuppered by licence rejection
Hilka Birns/CAPE TOWN Plans by South African regional carrier Nationwide to launch long-haul services have been frustrated by the South African civil aviation authority's rejection of its application for a temporary international air transport licence. Nationwide planned to launch a weekly service, with Virgin Atlantic, between Cape Town ...
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Routes
United Airlines will begin daily services between Los Angeles and Paris Charles de Gaulle next April using Boeing 777s. Sabena is introducing daily services from Brussels to Washington this month using Airbus A330-300s The airline has also upgraded its flights between London City Airport to Brussels, replacing de Havilland Dash ...
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Workshop
UK spares specialist Airinmar has signed a two-year agreement with British Aerospace Asset Management, to support its fleet of more than 240 BAe 146/RJs, ATPs and Jetstreams. Airinmar will manage the exchange, test, overhaul and repair of parts removed from BAe Asset Management's aircraft undergoing maintenance and refurbishment between leases. ...
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BMW surrenders BMW R-R majority stake
Andrew Doyle/MUNICHBMW is surrendering its majority stake in loss-making aero engine maker BMW Rolls-Royce (BMW R-R) in a deal which will see joint venture partner Rolls-Royce take full control. The German automotive group will in turn increase its holding in the UK powerplant giant to 10%. R-R says it plans ...
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Mergers
United Technologies is to acquire composite components overhaul specialist Cade Industries for $129 million and engine parts supplier Dallas Aerospace for $57 million. Both companies will become part of UTC's Pratt & Whitney Engine Services unit. Dallas Aerospace is owned by the parent company of Fairchild Fasteners. Derlan Industries is ...
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Top 50 Cargo Airline Ranking - 1998
Top 50 Cargo Airline Ranking - 1998 Ranking 1998 Airline Country Cargo Traffic Cargo share Total RTK's Cargo revenue $ million Cargo share of revenue Cargo yield USC/RTK Period End RTK million Change ...
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A lesson in low cost
Debonair's demise has provided a salutary lesson to other of Europe's low-fares carriers not to stray too far from the low-cost formula. Conventional wisdom may be much maligned, but it is not always wrong. Almost from the day that Franco Mancasola sketched out his plans to launch a ...
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Air Canada's allies prepare rescue bid
DAVID KNIBB SEATTLE A showdown is expected by 8 November on the bid by Onex to acquire Air Canada and merge it with Canadian Airlines. With high stakes for the Star and oneworld alliances, United and Lufthansa Airlines appear ready to intervene on Air Canada's behalf. Onex ...
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Travel agents outraged by commission reductions
KAREN WALKER WASHINGTON DC Taking their lead from United Airlines, most major US carriers have slashed travel agent commission rates from 8% to 5%. The cuts have provoked outcry from travel agent groups, already reeling from efforts by the airlines to steer customers towards Internet bookings. Within days of ...
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Boeing reverses policy to create full-service finance unit
DAVID KNIBB SEATTLE In a major policy reversal, Boeing is turning the customer finance unit it inherited from McDonnell Douglas (MDC) into "a full-service financing organisation". The former MDC finance unit, renamed Boeing Capital, will be combined with the finance services of its treasury as part of the move ...
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In brief
Joint operations - Qantas Airways and British Airways are to merge commercial operations in Hong Kong from next April. The carriers say the new organisation is designated to integrate commercial operations such as telephone sales, ticketing and marketing. The two have joint operations in Indonesia, Malaysia, Singapore and Thailand. ...
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A year to forget
PETER CONWAY LONDON It took a while for the Asian downturn to affect the air cargo industry, but last year the bad news really hit home. There is little hiding from the fact that 1998 was a dismal year for the air cargo industry. And final figures from the ...
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Hong Kong cuts fees
DAVE KNIBB SEATTLE A deal between Hong Kong's airport authority and government has cleared the way for a 15% cut in landing and parking fees at Chek Lap Kok from 1 January. Hong Kong's Government has agreed to take over fire and rescue operations at the airport to save the ...
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Government cash to rescue Garuda
NICHOLAS IONIDES SINGAPORE Garuda Indonesia is to receive a financial boost from its government owners from next year, with a promise of annual cash injections of $62 million over the next eight years. The cash-strapped airline, Indonesia's flag carrier, says the government made the promise in September, allowing for payments ...
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New contenders join the contest in Peru
DAVID KNIBB SEATTLE Substitute LanChile and Grupo TACA for Cintra and Delta Air Lines and a new chapter opens in Peruvian aviation. LanPeru and TACA Peru, backed by their main patrons LanChile and Grupo TACA, have replaced the fallen AeroPeru that was owned by Mexico's Cintra and Delta. Meanwhile, a ...
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In brief
Air Canada expands in USA - Air Canada has signed a new code-share agreement with United Express carrier Atlantic Coast Airlines, effective from 31 October. The agreement will enable Air Canada to offer 11 new destinations along the Eastern seaboard via Washington Dulles and Chicago. Cuban contract for TransAer ...
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Aeroflot calls in US bank for long-term debt advice
PETER BENNETT VIENNA Russia's flag carrier Aeroflot has selected Chase Manhattan Bank to help restructure its mounting debt problems and finalise plans for a possible re-entry into the world capital markets. The airline insists, however, that there is no chance of a fresh share issue to raise new cash ...
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Alitalia plans strategy amid growing competition
Alitalia has announced an upbeat two-year strategic plan, but in the short term it could be in for a bumpy ride. The Italian carrier forecasts a drop in net consolidated profit from 1998's L408 billion ($223 million)to L202 billion this year, blaming declining domestic yields and a rise in ...