Airframers – Page 1484
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BA and Cathay Pacific near alliance agreement
Paul Lewis/HONG KONG Cathay Pacific Airways is close to finalising a wide-ranging alliance with British Airways, which could extend to the UK company acquiring an equity stake in the Hong Kong carrier. The airlines are also believed to be talking about swapping aircraft. According to industry sources, discussions ...
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Airbus Industrie and AVIC abandon AE31X
Julian Moxon/PARIS Paul Lewis/HONG KONG Airbus Industrie and Aviation Industries of China (AVIC) have broken off negotiations on co-operative development of the 100-seater AE31X following what an industry source describes as "failure to establish a sufficient business case" . The move will cause little surprise. The third potential ...
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China Aviation may take 10 more 737-700/800s
Boeing has secured a smaller than expected tentative sale of a further 10 737-700/800s to China Aviation Supplies (CASC), while firming up the final allocation to carriers of the 50 aircraft ordered by Beijing last October. The latest deal involves a letter of intent (LoI) to order an incremental ...
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JAL aims to speed cost cuts with new express subsidiary
Paul Lewis/SINGAPORE Japan Airlines (JAL) has launched its new low cost subsidiary, JAL Express (JEX), in an effort to counter the country's crippling high labour costs and in response to the impending entry into the domestic airline market of the first of several planned start-ups. JEX launched its ...
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Delta/ALPA agree pay
Delta Air Lines and the US Air Line Pilots Association (ALPA) have reached tentative agreement on "industry leading rates of pay" for pilots flying the Next Generation Boeing 737. Delta pilots had threatened not to fly the 72 737-800s on order when deliveries begin next year. Source: Flight International
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Top 50 airlines - Top tens
TOP 1997 PROFIT-MAKERS... Rank Airline group Net profit $m 1 AMR/American Airlines 985 2 United Airlines 949 3 Delta Air Lines 934 4 British ...
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Top 50 airlines
Financial performance of the world's top 50 passenger airlines ranked by sales -1997 in US$ million - revised 1 August 1998 Group/Airline Sales ($m) Operating profit/loss Operating margin Net profit/loss Year end 1997 change 1997 ...
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Top 50 airlines - Regional
Selected Asian airline scheduled passenger statistics - financial years Rank/Airline Traffic Capacity Load factors Yields Unit costs Year RPK m change change 1997 change ¢/RPK change ¢/ASK* ...
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Sempati first to shut down
Sempati Air ceased operations in early June, becoming the second airline casualty of the Asian currency crisis and the first in Indonesia. Transportation minister Giri Suseno broke the news about the shutdown. 'It is impossible for Sempati to continue operations in the current difficult situation,' he told the Jakarta ...
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Island of competition
Air Mauritius still enjoys government protection as the sole local scheduled carrier and has successfully seen off a recent challenge to this position from local upstarts African Island Airways (AIA). The idea for a second, regional Mauritian carrier was first floated in July 1995 by local entrepreneur Georges Chung. ...
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Cathay coy over partner
Cathay Pacific remains coy about which global alliance grouping it will ally itself with as speculation mounts over potential bedfellows. Cathay's alliance talks are progressing with virtually all major carriers and groupings in the industry, and a decision will be made within six to nine months, says Cathay managing ...
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Chinese join global pack
Chinese flag carrier Air China has become the first Chinese airline to enter fully into an international alliance, but its decision is likely to trigger similar alliance moves from other Chinese carriers. Air China is set to join a strategic alliance with Northwest Airlines and its partners Continental Airlines, ...
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China stops cheap deals
So much for China's experiment with deregulated air fares. Wide-open pricing, which led to discounts of up to 50 per cent, ended in May when the Civil Aviation Administration of China tightened limits on how much airlines could vary ticket prices. Last November the CAAC gave airlines an almost ...
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Comair lists in Jo'burg
Comair is to become the first South African carrier to seek a listing, and is to debut on the Johannesburg Stock Exchange this July. Comair's chairman, Dave Novick, hopes the listing will value the company in excess of R1 billion (US$200 million). A prospectus was expected to be issued ...
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Aer Lingus is to lose Team
With the disposal of an unprofitable non-core subsidiary finally on the horizon, Aer Lingus now has to confront the bigger questions of ownership and alliances. At presstime the management of the Irish flag carrier had still not convinced the 1,550 strong workforce of its unprofitable aircraft maintenance arm, Team, ...
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Making waves
With a new regional venture, a consultancy and plans to invest in an African carrier, Air Mauritius is taking an increasingly aggressive stance in exploiting its standing in the region. When Air Mauritius chairman and managing director Nashir Mallam-Hasham arrived at his new desk a little over a year ...
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US alliances face scrutiny
The US General Accounting Office has planted serious seeds for concern in politicians' minds by claiming that proposed US domestic alliances could mean a reduction in competitive service to almost 101 million American passengers. The GAO highlights the Delta Air Lines/United Airlines partnership as especially worrying because of its ...
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'Production issues' put 757-300 first flight back by three weeks
Guy Norris/LOS ANGELES First flight of the stretched 757-300 has slipped three weeks and is now planned for about 24 July, because of "production related issues", says Boeing. The manufacturer says that the aircraft "-is not the problem", but that overall production issues at the site in Renton, Washington, are ...
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American ponders DC-10s' fate
Guy Norris/DALLAS FORT WORTH American Airlines will decide on the fate of its remaining McDonnell Douglas DC-10s by the end of the month as part of a major restructuring process that will see its total jet fleet increase to more than 700 aircraft from 2000 onwards. "By the ...