All air transport news – Page 2314
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New Airbus chief
Noël Forgeard has been appointed managing director of Airbus. Forgeard, formerly president of Lagardère and chief executive of Matra, replaces Jean Pierson. Dietrich Russell is now Airbus' chief operating officer. Source: Airline Business
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Looking peaky
In its third straight year of profit, the airline industry broke all records last year. But some Asians are suffering and tougher times may be ahead. Richard Whitaker reports. It's early days yet and many carriers have not yet reported full-year financial results for 1997, but it is clear that ...
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Labour strife hits Europe
Cancellations are set to continue at Olympic Airlines if the question of staff shortages is not resolved, while labour strife is also plaguing Virgin Express. Olympic's unions are demanding that the airline reinstate the 64 seasonal flight attendants it fired in February. At presstime, the airline was forced to ...
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Weakened by taxation
Growing profits at many airlines have led to an increase in the taxes levied by governments and a rash of new charges. Tom Gill assesses the current state of affairs worldwide.'An airline is like a fat cow - everyone is milking it.' Like most airline executives, Franco Mancassola of UK-based ...
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Southern boom
The US carriers, led by American Airlines, have benefited the most from the growth in demand to Latin America. Report by April Pearson. With growth of 23.9 per cent over the last five years, US-Latin America air traffic is outpacing economic growth. Growth still lags behind the larger European and ...
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WestPac to pack it all in
Denver-based Western Pacific has joined the long list of US low cost carriers to bite the dust. The airline has been unable to buy the time needed to turn around since limping into Chapter 11 bankruptcy last year. The US industry has been anticipating Western Pacific's demise for some ...
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P&W starts geared turbofan revolution
Karen Walker Pratt & Whitney will unveil details tomorrow of its new PW8000 geared turbofan, the engine which it says will "-change the rules of the game." P&W has made the unusual decision to launch the PW8000 without a customer. But company president Karl Krapek says it is time to ...
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Overhaul specialist expands with international contracts
Alitalia Technical Operations division has secured contracts to overhaul two Continental Airlines DC-10s at its Rome maintenance centre and is optimistic that it will win a longer term commitment from the US carrier. One contract is for a C-check, the other a D-check. Winning a more substantial contract would satisfy ...
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Singapore Aircraft Leasing Enterprise (SALE)
Singapore Aircraft Leasing Enterprise (SALE) is to consider a Singapore and New York Stock Exchange listing in 2000 as a capital-raising exercise to help boost its portfolio. Managing director John Willingham says SALE has no definitive plans to list at the moment, although owners Singapore Airlines (SIA), Boullioun Aviation Services ...
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Embraer scoops an $810million order from Business Express
Embraer earned its place as the show's most successful exhibitor in new contract terms yesterday when it revealed an $810-million order from US regional carrier Business Express. This takes the value of Embraer's show announcements to more than $1.3 billion. Over glasses of champagne, Mauricio Botelho, Embraer president ...
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Lockheed Martin wants to make new friends
Strong international partnerships are still the ambition of Lockheed Martin, says Micky Blackwell, president of the company's Aeronautics Sector. During a whistlestop one-day visit to Asian Aerospace, he says: "We are looking for partnerships as stepping stones to other things". Blackwell points to recent link-ups with Australian, Italian ...
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Boeing sees good potential in region's air cargo market
The financial turmoil of Asia-Pacific is not reflected in any downturn in air cargo forecasts. The market remains stable, Boeing's James Edgar, regional director, cargo marketing, said at the show yesterday. The broader picture shows world air cargo traffic tripling over the next 20 years. "In fact, the ...
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GE joins forces with Eva in overhaul operation
General Electric (GE) has announced a joint venture with Taiwan's second-largest carrier, Eva Airways, to form an engine overhaul and aircraft maintenance joint venture, to be named Evergreen Aviation Technologies (EAT). The Memorandum of Agreement (MoA) was signed in Taipei on 24 February. Eva will hold an 80% share ...
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Multi-billion deal for Airbus?
Airbus and International Aero Engines are believed to have sealed a major multi-billion-dollar deal with three Latin American airlines for 100 A319/A320/A321s equipped with the V2500 turbofan. LanChile of Chile, Taca of El Salvador and TAM of Brazil have joined forces for this particular purchase in an effort to ...
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CFM focuses on loyalty to beat the opposition
"When the customers are happy with you, then they come back to you." That's an observation by Gerard Laviec, CFM International's president and chief executive officer. CFM's overwhelmingly strong position in the narrowbody market seems to bear that out, but what Laviec now has to concentrate on is maintaining that ...
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No brakes on Messier-Bugatti in global market
Asian Aerospace exhibitor Messier-Bugatti (Stand A411), which is owned by Snecma, is now the world's leading supplier of carbon brakes, with around 30% of its possible global market. Airbus has certified Messier-Bugatti carbon brakes for each of its aircraft types and Dassault also specifies them for the Mirage 2000 ...
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Pierson a popular winner in aerospace industry awards
There was unanimous approval from the packed aerospace industry audience at the Shangri-La Hotel last night as Jean Pierson, the president and chief executive of Airbus Industrie, was named as the Aerospace Personality of the Year. Pierson, who retires from Airbus at the end of next month, has been ...
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Asia-Pacific projects shine in awards
Hong Kong's new Chek Lap Kok airport was one of several Asia-Pacific winners at the Flight International Aerospace Industry Awards. The airport won the Infrastructure award in recognition of the first landing at the airport which will formally open later this year. The Air China-Lufthansa joint venture, Ameco-Beijing, was ...
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ANA to set up own APU servicing centre
All Nippon Airways (ANA) has struck a deal with Sundstrand to set up its own aircraft auxiliary power unit (APU) maintenance and repair unit at its main plant at Haneda, Tokyo. This is the first time an airline company has set up its own APU servicing centre. ANA ...
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Q and A with Sikorsky's Gene Buckley
As president and chief executive officer of Sikorsky Gene Buckley, left, is one of the most influential men in the aerospace industry today. He talked to Paul Derby about his attitude to the fierce competition which exists in the helicopter market, his views on the future of the RAH-66 Comanche ...