All air transport news – Page 2297
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Airline News May 1998
Delta Air Lines started code-sharing with Air Jamaica on 6 April on services from Atlanta, Miami and New York to Montego Bay, Kingston, Barbados and St Lucia, and from Atlanta to Boston, Cincinnati, Hartford, Memphis, and San Francisco. Finnair and Iberia have begun codesharing on Helsinki-Barcelona-Madrid. Northwest Airlines ...
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Asian storm hits Garuda
The Asian economic slump is reinforcing industry opinion that the outlook for Indonesian carrier Garuda is bleak. Aviation analyst Nora Chang of HSBC James Capel echoes the general industry view when she rates Garuda's survival chances as 'poor'. But the Indonesian carrier is desperately cutting costs in a bid ...
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Emirates buys Lanka
Armed with a restructuring plan, Emirates Airlines has stepped in as a strategic investor for Air Lanka. The Sri Lankan government has sold a 40 per cent stake in Air Lanka to Emirates for US$70 million in cash. Sri Lankan aviation minister Dharmasiri Senanayake says Emirates has already paid ...
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Peru turns protective
Peru's President Alberto Fujimori has completed a changeover in aviation administrators and his new team is already taking a closer look at the implications of liberalisation for Peruvian airlines. Fujimori's latest personnel change was to replace the current head of the Director General Transportes Aereos (DGTA)with a new appointee, ...
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Thai stews over stake
The timing of the planned privatisation of Thai Airways remains unclear amid speculation that British Airways could be interested in taking a stake. Overseas interest in a stake in Thai has been sparked by the proposed raising of the current 10 per cent foreign ownership limit to 30 per ...
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French open gates to US
Both Continental Airlines and Delta Air Lines were swift to respond to the new US-French bilateral by declaring their intentions to formalise codeshare agreements with Air France. The bilateral, initialled in Paris on 8 April, will allow full open skies to be phased in over five years, and immediately ...
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Suffering from exposure
As the Asian crisis bites deeper, the potential impact on the values of widebody aircraft in particular is only just beginning to become apparent to investors. Report by Angus Williamson. The financial and economic crisis affecting several of the East Asian 'tiger' economies has so far produced muted repercussions ...
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Samsung wing parts
Samsung Aerospace has signed a $30 million contract with Boeing to supply wing structures for the 767-400ER until 2006. The company will supply parts worth $13 million from October until 2001, possibly to be followed by a further $3 million each year to 2006 in spares. Source: Flight International
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Bombardier growth
Bombardier Aerospace saw sales increase by around 15%for the 1997/8 year to January, to reach C$4.6 billion ($3.2 billion). Aerospace accounted for more than half the Canadian's group's C$8.5 billion sales and a large slice of its C$420 million profit. Source: Flight International
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AB Airlines Floats airline
AB Airlines, the five-year-old UK independent, has listed on the London stock market. AB aims to raise £9 million to pay deposits on new aircraft due to replace its three BAC One-Elevens. Two Boeing 737-300s will arrive in May with deposits paid on six -700s due in 2001. The airline ...
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Airbus lowers A3XX numbers
Max Kingsley-Jones/LONDON Airbus Industrie's latest long range market forecast has maintained a bullish outlook for jet airliner demand over the next 20 years, despite the present Asian economic crisis, but its analysis has shifted towards greater demand for smaller aircraft compared to 1997 predictions, and reduced the size of ...
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ANA Star gazes after signing deals with Lufthansa and United
All Nippon Airways (ANA) has signed its codesharing agreements with Lufthansa and United Airlines, suggesting that it may now join their Star Alliance. At the same time, the airline's pilots are to suspend their strike action. Under the new alliances, ANA will codeshare on 11 routes to the USA ...
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East Europeans set to join single skies
A comprehensive air transport agreement between the European Commission (EC) and 10 East European states has been drafted and could take effect early next year. Frederik Sorensen, head of airline policy at the EC's transport directorate, says that the accord will create "a complete integration" of the countries into ...
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FedEx MD-11 fleet swells to 60 after Swissair and LTU deals
Ramon Lopez/WASHINGTON DC FedEx is raising its reliance on the Boeing MD-11 freighter, with a decision to almost double its planned fleet of MD-11Fs to 60 through deals for more new and secondhand aircraft. The US parcels carrier, which now operates 20 MD-11Fs, last week disclosed that it ...
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Marketplace
-Olympic has added its second Boeing 737-300, an ex-Western Pacific aircraft on lease from Boullioun Aviation Services. -Northwest Airlines has concluded a deal with Fortis Aviation's Alliance AirInvest to acquire three ex-Thai International McDonnell Douglas DC-10-30ERs. The three aircraft have been delivered and will enter service later this year after ...
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Six new entrants win US airport slots
Six smaller US airlines have been awarded coveted take-off and landing rights at Chicago O'Hare International and New York's La Guardia, as part of efforts by the Department of Transportation (DoT)to open up slot-controlled airports to new competition. America West Airlines, Atlantic Coast Airlines (ACA), American Eagle's Simmons Airlines ...
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Quiet Wing 727 modification gets FAA approval
The US Federal Aviation Administration has awarded a supplemental type certificate (STC) to DuganAir Technologies for a modification package which allows Boeing 727-100 and -200s to meet Stage 3 requirements without hushkits. The "Quiet Wing System" has been under development for four years. It combines winglet technology developed by ...
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Routes
-Malaysia Airlines has inaugurated its new thrice weekly service to New York's Newark Airport via Dubai, its third North American destination and its first to the US East coast. -Northwest Airlines is to launch a twice weekly non-stop service between Las Vegas and Tokyo from June, taking further advantage of ...
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TWA firms up plans for more MD-83s
Trans World Airlines (TWA) has firmed up its plans for additional Boeing MD-83s with the signing of a $1.1 billion order for 24 aircraft. It emerged earlier this month that the carrier was discussing an order with Boeing for 24 MD-83s, which would see production of the former McDonnell ...
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The vital combinations
Shahe Ouzounian/LONDON and FRANKFURT, Brent Hannon/TAIPEI ACCORDING TO Wilhelm Althen, chairman of the executive board of Lufthansa Cargo, the revolutionary break in January 1995 with the passenger side of Lufthansa's business was "-a process that hasn't just been about the last three years, it's a 20 year old road ...