All air transport news – Page 2366
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News
Airbus breaks into BA with huge A320 order
Max Kingsley-Jones/TOULOUSE Airbus Industrie has landed one of the biggest deals in its history with British Airways' decision to place an order for up to 188 A320 family aircraft - the first time it has placed an order with the European consortium. The deal was only done after BA ...
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Garuda embarks on major restructure
Paul Lewis/SINGAPORE Garuda Indonesia's newly appointed president has embarked on a comprehensive overhaul of the financially stricken carrier, involving new financing for a reduced fleet of aircraft, cutting routes, new code-share agreements, the axing of over 40% of the airline's staff and the sale of non-core businesses. "What ...
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Raptor arrives
The second Lockheed Martin/Boeing F-22 Raptor arrived on 26 August at Edwards AFB, California, where it will enter the flight test programme. The aircraft flew non-stop to the desert test site from Lockheed Martin Aeronautical System's Marietta plant in Georgia. Source: Flight International
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Rolls-Royce improves V2500 production times
International Aero Engines (IAE) partner Rolls-Royce has cut the lead time from 60 to 10 days for manufacturing compressor discs and drums for the IAE V2500 turbofan. The improvement has been achieved thanks to a new £2 million ($3.2 million) "lean" production cell, opened at R-R's Derby, UK, base ...
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CAE to produce first Cargolux 747-400F freighter simulator
Graham Warwick/WASHINGTON DC Canada's CAE Electronics has revealed several flight simulator orders, including one from a first-time customer. Luxembourg-based Cargolux Airlines has ordered a Boeing 747-400F freighter full-flight simulator for delivery next year. Cargolux's device will be the first built for the freighter version of the 747-400, says ...
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Have four engines, will travel far
Max Kingsley-Jones/LONDON When Airbus Industrie launched its four-engined fly-by-wire A340 family in June 1987, it was the first all-new long-range widebody for a generation, and seemed to catch Boeing on the hop. The McDonnell Douglas DC-10-derived MD-11 provided the only competition for the A340 for several years as Boeing ...
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The next big idea
Kevin O'Toole/LONDON Stock markets may not always be right, but they are also very hard to ignore. So when Wall Street began to discount aerospace stock earlier this year it was a brave executive who turned a blind eye. Perhaps most troublesome is the timing of the slump. It ...
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Turbine technology
Guy Norris/LOS ANGELES The newest US combat aircraft shattering the skies over Farnborough in 2010 will be powered by an engine which, compared to its 1990s' ancestor, will have double the thrust-to-weight ratio, yet will cost one-third less to make and to maintain. Futuristic though these goals may ...
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Airline Business 100 - 1998
Rank Airline Revenue US$M OpResult US$M NetResult US$M net margin % fleet Total emps Revenue Tonne kilometres (mil) Revenue Pax km Pax millions Load Factor % Year End 97 96 Pax ...
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Aircraft News
US Airways has ordered seven Airbus A330-300s with seven options and 16 delivery positions convertible to A300-200s or A340s. Deliveries will start in late 1999. United Airlines has converted 22 options into firm orders for 12 A320s and 10 A319s. Deliveries commence in 2000. Airtours has confirmed ...
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The devil's in the detail
The European Commission's rulings on two transatlantic alliances will be poured over by interested parties before official comments are filed. Now that the European Commission finally has produced its conditions for approving the American Airlines/British Airways alliance, lawyers will be scrambling to examine the detail. The Commission's competition directorate, ...
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Air Afrique in crisis again
Air Afrique hopes to overcome its worst crisis yet by privatising and forming a strategic partnership, but critics say the airline's chairman has mismanaged and should resign. The heavily indebted Côte d'Ivoire-based carrier, owned by 11 African states and Air France, has defaulted on payments for four Airbus A310-300s ...
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Air-India fights losses
A report has claimed Air-India is fast slipping into a debt trap where its repayment commitments are so high that the airline could be forced to resort to further loans. 'Air India's net worth will turn negative by June 1999 if adequate funds are not infused immediately and the ...
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Bouillioun still bullish
Boullioun Aviation Services has strengthened its claim on the number three spot among operating lessors by placing an order worth up to US$2.6 billion for new-generation Boeing 737s. With new financing for its subsidiary, Singapore Aircraft Leasing Enterprise (SALE), Boullioun continues to show its determination to keep growing despite the ...
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Airline News
Transbrasil and TAP Air Portugal began codesharing on services between Lisbon and Sao Paulo, Rio de Janeiro, Salvador and Fortaleza on 30 June. TAP intends to expand in Brazil via Transbrasil's domestic network, as part of an agreement signed in 1997. Swissair was to begin codesharing with THY Turkish Airlines, ...
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Profits for better and for worse
Airline profits may be at an all-time high but can the industry keep them there? It's just déjà vu all over again. So a disillusioned sportsman is said to have remarked on seeing his team once again collapse to defeat. There may be more than a few in the airline ...
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Two set for Tokyo launch
Japan has taken several more steps towards deregulating its skies by liberalising overseas fares and licensing two new domestic airlines. The Ministry of Transport is promoting fares competition by allowing higher discounts on international tickets. From October, fares for overseas tours may be 35 per cent below International Air ...
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Startup fills Vegas niche
A planned new Las Vegas-based airline differs from previous contenders in that its backers, two of the largest casino companies in the US, have a strong vested interest in its success. National Airlines expects to begin operations in early 1999 and has already raised more than US$50 million in ...
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United's answer to Travelocity
UAL, the parent company of United Airlines, is somewhat belatedly taking a more aggressive tack in selling its online services. For several months United has been offering tickets on its world wide web site including weekly deeply discounted, Internet-only fares, actions most of its competitors took months ago. More ...
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PAL fights for survival
Philippine Airlines' future hangs in the balance as it prepares a plan to avoid bankruptcy. PAL's interim receivership committee is being supervised by the Philippine Securities and Exchange Commission as it works towards the SEC's 21 September deadline. PAL is struggling to survive an ill-fated fleet expansion and Asia's ...