Airframers – Page 1615
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Airbus boost
Airbus Industrie waited until the last few days of December to land its first major order of 1995, announcing a deal with Philippine Airlines for 24 aircraft. Boeing was also included, with eight 747-400s included in the order. The Airbus share of the $3 billion deal includes four A340-300s, eight ...
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Airlines
Kevin O'Toole/Business Editor THE WORLD AIRLINE INDUSTRY finally shook off the recession in 1995, to produce what are likely to be the highest profits on record. Barring unforeseen disasters, the industry should continue to forge ahead in 1996. The figures have yet to be collated for ...
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Family ties undone
Certification "grandfather rights" for derivative aircraft are about to be phased out. David Learmount/LONDON T HE ISSUE OF "grandfather rights" as they apply to aircraft certification provokes righteous indignation, anger and transatlantic disharmony. Something had to be done about them, but reaching agreement without destabilising ...
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Air transport
Andrew Doyle/TECHNICAL REPORTER Kevin O'Toole/BUSINESS EDITOR THE GOOD NEWS, at least for manufacturers, is that aircraft deliveries reached the bottom in 1995. The less good news is that the upturn in 1996 will be moderate. The big three, airframe manufacturers (Airbus, Boeing and McDonnell Douglas), ...
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Boeing to raise output as markets begin to stir
Kevin O'Toole/LONDON BOEING IS TO raise aircraft production rates towards the end of 1996 in a move, which the company says reflects the beginnings of an upswing in aircraft demand, as well as efforts to catch up from the ten-week strike. Production is expected to recover ...
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Las Vegas lasers shut down
Alan Staats/PHOENIX Hotel and casino operators in Las Vegas have been ordered to suspend their laser displays following an incident involving a Southwest Airlines Boeing 737 first officer being temporarily blinded by a burst of laser light. The event occurred even though the hotel involved ...
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Austrian orders two A340-300s
AUSTRIAN AIRLINES has placed a Sch3.22 billion ($320 million) order for two high-capacity Airbus A340-300s, for delivery in 1997 and 1999. The new aircraft, to be configured for 297 passengers in a two-class layout, will be used to supplement or replace the existing A340-200s on routes to Johannesburg, ...
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SAA and Lufthansa to co-operate
Andrzej Jeziorski/MUNICH LUFTHANSA AND South African Airlines (SAA) have put signatures to a co-operation agreement, now scheduled to come in to force from 1 April. The agreement, signed by Lufthansa's chairman Jurgen Weber and his SAA counterpart Mike Myburgh on 15 December, follows a memorandum of ...
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Hamilton Standard signs with Russian firm
HAMILTON STANDARD has signed a joint venture with Nauka, a Russian designer and manufacturer of environmental-control systems (ECS). The joint company, announced in Moscow at the end of November, is already set up for Westernised production of ECS units. The venture employs 35 workers, but there are plans ...
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Aircraft news
SAS is to buy six more B737-600s worth an estimated $210 million, adding to its existing order for 35. South African Airways is to acquire seven B777-200s and two B747-400s. Amsterdam-based carrier Transavia has ordered eight B737-800s, with options on an additional 12. Gulf ...
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Finance
Atlas Air has completed a $100 million public offering to finance three of the 10 Boeing 747-200s which Haeco is converting to freighters. Atlas Air operates 10 B747 freighters on behalf of British Airways, China Airlines, Emirates, KLM, Lufthansa and Varig. Hong Kong's Provisional Airport Authority has signed ...
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Alitalia faces capital test
Alitalia is treading a fine line as it finalises its new restructuring plan, trying to avoid the attentions of Brussels over its capital injection and further conflict with its unions. At presstime, the Italian flag was considering a report on Alitalia's restructuring drawn up by an independent financial ...
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Mexico goes into a shell
Aeromexico and Mexicana should come under the oversight of a holding company by the end of the month. The search for potential buyers for the single entity could begin once the slow process of putting the two carriers' finances in order is complete. The holding company, called the ...
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Hubs and partners
Since being spun off into the world's first separate airline cargo subsidiary last January, Lufthansa Cargo has been free to pursue its aggressive global network strategy. Jackie Gallacher reports.As the biggest non-integrated cargo carrier in the world and the second largest air freight carrier after Federal Express, Lufthansa Cargo Airlines ...
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Hanoi hangups
Vietnam Airlines is going for controlled growth in a volatile economy, but the political climate has ruled out its near-term access to foreign capital. Tom Ballantyne reports.It is a classic case of Communist doctrine versus free market thinking. Vietnam's economic reform policy - known as doi moi - was designed ...
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Airline news
EVA Air was due to launch services from Taipei to Macau, Los Angeles and Panama in December and will begin Hong Kong services in February. Emirates has launched services to Ho Chi Minh City and Nairobi, both on a twice weekly basis. Elsewhere the carrier has launched Mercator, ...
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DHL delivers Asian jigsaw
DHL has successfully 'frightened' some of Asia's major airlines into a deal in which it will add capacity to handle DHL's spectacular growth in the regional freight business. Continental Micronesia, Cathay Pacific and two unnamed Asian carriers were afraid that DHL would bring in its own aircraft, losing ...
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Hawaiian set to sell stake
Hawaiian Airlines looks set to sell a controlling stake to a group of US east coast investors for $20 million, ending the carriers intensive search for additional capital which has been underway since its emergence from bankruptcy. Hawaiian has declined to identify investors in the group, called Airline ...
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FAA issues regional rules
THE US FEDERAL Aviation Administration issued final rules on 14 December, bringing Part 135 regional carriers operating ten- to 30-seat aircraft up to the same safety and training standards as those of Part 121 major long-haul US airlines. The harmonised rules are contained in new Part 119 carrier certification requirements. ...
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Ryanair UK plans foray into Europe
RYANAIR UK IS planning a substantial expansion of the low-fare, no-frills, service concept pioneered in Europe by its Irish parent company. While keeping details under wraps until plans have been finalised, Ryanair UK managing director Tim Jeans confirms that more UK routes and a determined foray into Europe ...