All air transport news – Page 2197
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News
Playing for profit
Chris Tarry at Commerzbank in LONDON Chasing market share has cost the industry dear in past cycles. To avoid a repeat, major airlines and their alliances must start to recognise that not all growth is good for profits. Alliance strategy in one form or another has come to dominate the ...
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Opening Arab skies
Tom Gill JEDDAH Unity among Arab airlines is being tested over proposals for a single aviation market in the region as they struggle against a weak economic background. With the Middle East peace dividend yet to materialise, weak oil prices , a continuing UN economic embargo on Iraq and ...
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Towards unsettled skies
The economic crisis in Latin America is making the region's carriers focus on capitalisation and potential consolidation. Report from the annual meeting of airline chief executives in Miami. Latin American carriers, shaken by liberalisation, open skies agreements and the continuing encroachment of US airlines into their territories, must come to ...
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Starcraft Boosters seeks partners
Starcraft Boosters is looking for industrial partners to develop its StarBooster 200 concept for the early low-risk introduction of a reusable launch vehicle. Starcraft chairman and former Apollo 11 astronaut Buzz Aldrin believes the technology for a single-stage-to-orbit launch vehicle is not ready. "I do not believe that a ...
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Government will honour contracts says Embraer
Embraer says the Brazilian Government will honour all existing contracts even if the World Trade Organisation (WTO) upholds its ruling that Proex export financing support for regional jet sales constitutes an illegal subsidy. Hearings on Brazil's appeal against the decision have begun, with a final ruling expected by August. ...
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VisionAire redesign could give advantage to single-engined jet
Dave Higdon/WICHITA VisionAire's single engined Vantage will be heavier, longer and costlier, following an extensive six-month design review. The move compounds the Ames, Iowa-based firm's charge that the Vantage is a new jet for the 21st century, as certification and first deliveries have been pushed back by about 18 ...
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SEAsian carriers recovering
Andrzej Jeziorski/SINGAPORE Chris Jasper/LONDON South East Asia's major carriers appear to be easing out of the slump which so depressed traffic last year, with Cathay Pacific - the region's most notable victim last year - reporting a 5% increase in passengers during the first quarter of 1998. Thai Airways ...
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Fairchild plans bank loan and bond offer to finance 728JET
Paul Lewis/SAN ANTONIO Fairchild Aerospace plans to underwrite development of the new 728JET family of regional aircraft by raising up to $800 million through a combination of bank loans and a bond offer, with an equity sale under consideration in the longer term. The US/German manufacturer has budgeted ...
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Socata seeks new assembler for Tangara
Kate Sarsfield/LONDON Socata has halted development of its four-seat, twin-engined Tangara because of soaring demand for its piston-single aircraft line and growing subcontract work. "Our workload has increased so much that we are now not in a position to launch the Tangara," says Socata commercial director Christophe Van ...
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BAeAM anticipates corporate demand for 146
British Aerospace Asset Management (BAeAM) is stepping up its marketing efforts to meet increases for corporate variants of its four-engined BAe 146 regional airliner. "There is a lot of demand for this aircraft from the business community and we plan to place up to two aircraft a year," says BAeAM. ...
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Airbus deliveries rocket with 2,000th shipment
David Learmount/TOULOUSE Having just delivered its 2,000th aircraft, Airbus Industrie predicts that it will achieve the 3,000 target within three years. Germany's Lufthansa, Airbus' largest single airline customer, took delivery last week of the 2,000th, an A340-300. Deliveries of the whole Airbus range are rolling off the assembly lines ...
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Palestinian expands network and signs deal for two CRJ-200s
Palestinian Airlines is to expand its regional network with new destinations, and plans to introduce 50-seat Canadair Regional Jets (CRJs). According to chairman Fayez Haidan, the Government-owned airline hopes to launch new services this month to Dubai and Abu Dhabi in the United Arab Emirates. Palestinian has just been ...
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Routes
Air Canada launched daily non-stop Airbus A319 services between Chicago and Calgary on 17 May, with plans for twice-daily flights. United Airlines will codeshare on the route. Lufthansa Cargo will reintroduce and increase freighter service to Dallas/Fort Worth, Texas, on 31 May, having previously announced that it would suspend flights ...
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Virgin Sun launches European charter services
Virgin Sun, the new charter airline division of Virgin Holidays, has launched operations with two leased Airbus A320s on services to European tourist destinations. The carrier's initial fleet, which flies from London Gatwick and Manchester, is being leased from GE Capital Aviation Services. Additional A320s are expected to join the ...
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Marketplace
American Airlines has placed orders for three additional Boeing 737-800s for delivery in 2000. The 146-seaters will replace three aircraft operated by Reno Air that will not be integrated into American's fleet when the airlines are merged. Beirut-based Trans-Mediterranean Airways (TMA) is seeking finance to fund the acquisition of ...
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Contracts
Lockheed Martin Sanders, electronic warfare prime contractor for its parent company's Joint Strike Fighter (JSF) proposal, has selected Litton Amecom to lead development of the electronic support measures (ESM)system, if Lockheed Martin wins the JSF contest. Israel's Rafael will supply its vertically launched Barak-1 point defence missile to Signaal of ...
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Airlink Swaziland prepares for take-off
Hilka Birns/CAPE TOWN A new southern African airline, Airlink Swaziland, will take to the skies on 13 June as a joint venture between South African regional carrier, SA Airlink, and the government of Swaziland. The new carrier takes over from Royal Swazi National Airways which will close after ...
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Workshop
British Airways has selected its subsidiary BAAE to undertake avionics maintenance of its Airbus fleet. The airline has orders and options on 188 single-aisle A320 family aircraft. Subject to raising the required investment funding, BAAE will undertake the maintenance at its South Wales facility for the next 10 years. Sextant ...
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Korean Air incurs fresh penalties
Korean Air (KAL) has suffered a new round of government sanctions on its domestic operations following the release of findings from the investigation into the recent runway overrun of a KAL Boeing MD-83. The South Korean Government has forced KAL to cut frequencies on its Seoul-Pohang route from 35 ...
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Chinese aim to compensate for traffic slump with aircraft leases
Chinese airlines are responding to overcapacity and a slump in domestic traffic by offering aircraft for lease to other carriers. China Southern Airlines, based in Guangzhou, is to wet-lease two of its Boeing 777-200s to Biman Airlines of Bangladesh for carrying passengers on the hadj, starting in July. Chengdu-based ...