All air transport news – Page 2160
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News
Probing the costs
JACK SELLSBY LONDON IATA's upgraded maintenance accounting system offers cost transparency and gives participating airlines the best chance yet to benchmark globally Establishing the true cost of maintenance has never been a straightforward affair, even within the most sophisticated of airlines. Attempts to make meaningful comparisons between different ...
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Is Asia close to a turning point?
Asia's economic woes authored much of the over-capacity appearing on the North Atlantic. Chris Tarry of Commerzbank looks for sings of recovery Over the last few months much attention has been focussed on the current blood bath taking place on the North Atlantic. The conclusion very early on from ...
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UK cargo carriers pin hopes on Europe
PETER CONWAY LONDON UK cargo airlines angry at a controversial government decision that grants new rights to US operators, hope to generate the consensus needed by the European Commission to negotiate broader cargo rights with the USA. In August, the UK Government granted fifth freedom rights out of ...
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Singapore Airlines joins call for US-UK open skies
LOIS JONES LONDON UK-USopen skies talks remain in gridlock, with no sign of progress this side of the Millennium. But more players are joining the queue to offer transatlantic services and increase pressure for an open skies agreement. Singapore Airlines is the latest airline to apply pressure on the ...
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Low-cost survivors
CAROLE SHIFRIN WASHINGTON DC After years of uncertain and even disastrous performances by new entrant carriers in the USA, some seem to be thriving and even beginning to report profits. Why did these start-ups survive where so many failed? Accepted wisdom in the USA is that the fate ...
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European carriers to get no relief
European carriers are still suffering from declining yields and it could be some time before there is any good news. The damage of the weak market conditions is finally showing through in Europe. Results for the last quarter and half year ending June put them hard and cold ...
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Fairchild in hunt for investors after bond offer is scrapped
Paul Lewis/WASHINGTON DCFairchild Aerospace's owners have embarked on an urgent search for new equity investors to underwrite continued development of the 728JET series and 428JET regional aircraft programmes after having to abandon a planned bond offer. Chairman Carl Albert is believed to be negotiating with banks and financiers seeking to ...
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Key 717 deals close as Hawaiian takes 20
Guy Norris/LONG BEACH Boeing is closing on potential major 717 deals with British Airways and US low fare airline Vanguard, following the conclusion of a key deal from Hawaiian Airlines for up to 20 aircraft. "Three or four" orders for up to 50 aircraft are being finalised, says ...
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Air China close to placing A340s on lease with Cathay Pacific
Andrzej Jeziorski/SINGAPORE Air China is on the verge of closing an agreement to lease its three Airbus A340-300s to Cathay Pacific as part of a fleet restructuring move that will also see its Boeing 777-200s removed. Sources in China told Flight International's sister on-line service, Air Transport Intelligence, that ...
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Marketplace
Lufthansa has ordered eight more Airbus A340-300s and three CFM International CFM56-powered A320s for delivery between 2001 and 2004. Options have been taken on a further six A340-300s. Swiss cargo carrier Farnair Europe has acquired three Fokker F27 Mk 500s from TAM Brazil. TACA has taken delivery of the first ...
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Boeing and BA launch spares network
British Airways has become launch customer for Boeing's Global Airline Inventory Network, a new service in which Boeing will manage the supply of expendable spare parts for the Boeing-built aircraft in the fleet. The scheme is expected to be a "win-win" situation for the airline, airframer and most spares ...
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Qualiflyer to standardise fleet with Flightlease Airbus deal
Andrew Doyle/MUNICH The Qualiflyer Group of airlines is stepping up its fleet standardisation efforts following an order by GATX Flightlease for 38 Airbus aircraft for delivery between next year and 2006. The SFr2.5 billion ($1.6 billion) deal covers 32 A320 family aircraft - 12 A318s, 10 A320s and ...
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Air Dolomiti focuses on regional jets after Lufthansa share deal
Andrew Doyle/MUNICH Air Dolomiti is evaluating several regional jet types to supplement its fleet of ATR 42s and expects to make a selection "in the near future". The move follows the announcement that Lufthansa is to take a 26% stake in the Italian regional. The Trieste-based airline, which operates ...
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Routes
United Airlines and Spanair have agreed to a codeshare deal covering Spanair flights from Washington to Madrid, and from Madrid to three other cities in Spain. The agreement will begin at the end of October, and gives the Spanish airline a link with a second Star member after Lufthansa. British ...
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Boeing details revised growth 777 schedule
Paul Lewis/WASHINGTON DC Boeing has unveiled a detailed revised timetable for development of the growth 777-200X and -300X, calling for delivery of the first General Electric GE90-115B-powered aircraft within 44 months of formal launch. The schedule is based on a formal launch for the programme by the end ...
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Hong Kong to climb down over airport fees
Hong Kong's Airport Authority (AA) is cutting landing and parking fees at Hong Kong International Airport (HKIA) by 15% from 1 January in response to criticism over high charges at the new Chek Lap Kok airport, which opened last year. The AA says the move should "increase the competitive ...
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Consolidate to accumulate
The maintenance, repair and overhaul market is expected to swell to around $35.9 billion by 2004, according to Doug Birch/LONDON Think of consolidation within the aviation industry and the frenzied merger activity gripping the aerospace manufacturing sector immediately springs to mind. Yet consolidation is also beginning to change the ...
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Il Avia loses licence after using time-expired engines
Russia's Federal Service of Air Transport has withdrawn the operating licence of a leading air cargo operator for maintenance violations involving the alleged use of time-expired engines on an Ilyushin Il-76TD. Il Avia, 10%-owned by the Ilyushin Aviation Complex and 90% by Vozrozhdenniya, a foundation set up to support ...
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Mergers
Aero-engine giant Rolls-Royce is to buy UK defence and marine power specialist Vickers for £576 million ($935 million) plus £125 million of debt in a move which decreases its reliance on aerospace. R-R is also acquiring National Airmotive of the USA for $73 million, expanding its powerplant aftermarket presence. SAirGroup ...
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UPS wins Alaska FAA ADS-B contract
The US Federal Aviation Administration has awarded UPS Aviation Technologies a contract for at least 150 shipsets of avionics to be made available to small commercial operators in Alaska, finalising plans for an operational evaluation of free flight. The three-year Capstone programme will involve most of the aircraft operating ...