All air transport news – Page 2299
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Privatisation hopes survive Indian politics
Ravi Prasad NEW DELHI Despite the fall of the Hindu nationalist-led coalition government, there are hopes that privatisation of Air-India and Indian Airlines could still go-ahead. The federal cabinet has allocated Rs32.5 billion ($830 million) for Indian Airlines to increase its equity base and authorised it to ...
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Philippine Airlines races against time
Nicholas Ionides ATI/SINGAPORE The future of Philippine Airlines (PAL) remains unclear as it strives for an injection of capital. It was dealt a major blow when the US Exim Bank withdrew support for its rehabilitation plan The clock was ticking on PAL in May as it rushed to ...
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Routes - Asia
China codeshare - Australia's Qantas Airways and China Eastern Airlines have signed a commercial agreement for a codesharing partnership. The carriers are to start sharing codes on flights between Australia and China sometime in the "middle of the year". Fiji first - Ansett Australia is to open a new ...
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KAL reshuffle disappoints
Nicholas Ionides ATI/SINGAPORE Troubles continue to pile up for KAL, with criticism from the country's president adding to its woes April and May are two months that Korean Air (KAL) may want to forget. Hurt by a 15 April Boeing MD-11 freighter crash in Shanghai - its fourth hull ...
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Fleets - Asia
Taiwan orders - Taiwan's EVA Airways has ordered three Boeing 747-400 freighters for delivery from next year, apparently taking advantage of a good deal on offer (see feature p80). Rival China Airlines is preparing to announce a similar order for 747-400Fs, but it is also expected to order 777s and ...
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The king of low-cost: Herb Kelleher of Southwest Airlines
When it comes to making work seem like play, Herb Kelleher is a master. But don't be fooled by the broad smiles and open-neck shirt. Behind the casual demeanour lies a management style that is Disney-esque in its attention to detail. Southwest Airlines employees expect to have fun under this ...
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Jockeying for position
Tom Gill While European and US hubs remain buoyed by healthy traffic flows across the Atlantic, the airports of Asia-Pacific have yet to see concrete signs of recovery in passenger numbers to fill the bright new capacity that has been coming on stream. If growth through the world's airports ...
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Storming the capital
Lois Jones Stansted has evolved from a little known local airport in the south-east of England to be the new rising star of the London airport scene, and still holds ambitions to become a base for global alliances launching long-haul services It is the tale of a poor relation which ...
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Time to reflect
Nicholas Ionides TAIPEI Taiwan's EVA Airways has enjoyed rapid growth since it started flying eight years ago. Now it is time for consolidation and to take stock An unfamiliar quiet now fills the once bustling halls of the EVA Airways corporate offices. After eight years of phenomenal ...
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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 ...