All air transport news – Page 2509
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Aircraft news
ILFC has ordered 38 Airbus aircraft: 12 A340s, 14 A330s, six A320s, three A321s and three A319s. Deliveries will start in May 1997. The Los Angeles-based lessor has also ordered 18 B777s with deliveries starting in 1999. Northwest Airlines has ordered 20 A320s with deliveries starting in 1998. ...
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Aiming high
Asiana's president has ambitious plans for the young carrier, which is now among the world's 50 most profitable. Richard Whitaker reports. Sam Koo Park, president of Asiana Airlines, does not pull his punches. 'Will you take an old airplane?' asked a recent round of advertisements. 'Do you want to receive ...
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Common factors
Should airlines standardise their fleets or not? In today's economic climate, the answer is often based on how long a carrier is willing to wait in order to reap significant financial gains. By Sean Broderick.By New Year's Day 2000, Delta Air Lines will be in a position it has not ...
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Restoring orders
Last year finally saw that long-awaited recovery in aircraft orders, but few expect the boom years of 1990-1 to return on quite the same scale. Jacqueline Gallacher reports. Phew! After hitting an all-time low in 1994, aircraft order books are filling up again - but more for some than for ...
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New LOT on the block
Partial privatisation is back on the agenda at LOT Polish Airlines after a two-year delay and the carrier has emerged as a more attractive proposition. Mark Odell reports from Warsaw. Delays in the airline business are rarely beneficial, but the management at LOT Polish Airlines has used the time ...
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PAL peace is within sight
The end of the turmoil that has plagued Philippine Airlines is in sight following the appointment of advisers for its fleet renewal programme, unprecedented shareholder unity, and equal treatment for the leading private rival on unprofitable domestic sectors. Credit Lyonnais and Chase Manhattan Bank have been chosen by ...
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India seeks foreign cash
Four of India's private operators are looking abroad to finance their government-approved fleet expansion programmes, driven chiefly by the better terms on offer compared to those in the depressed domestic capital markets. Most significantly, East West Airlines is hoping to become the first Indian private airline to secure ...
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Heads are rolling again
In the airline business, occupancy of the corner office remains a somewhat precarious business. Just recently, the chief executives of Alitalia and Sabena have been forced to walk the corporate plank because of lack of success in restructuring their companies. At Olympic Airways, the chairman and chief executive has achieved ...
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Swiss switch on at Sabena
The collective sigh of relief breathed by Sabena's unions following the departure of chairman, president and chief executive Pierre Godfroid could quickly turn in to a moan, once his successor from Swissair settles in. The Swiss carrier has finally acted over concerns that the labour unrest at Sabena, ...
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Planners in control
Traditional financial tools do not allow airlines to correct inefficiencies as they arise, a fault which can be rectified by the newly developed technique of process controlling. Report by Wendy Nichols and Harald Deprosse. It could have been any airline at any airport. The head of the check-in department was ...
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Wish you were here
A plethora of low fare airlines has invaded Florida, an aviation market that traditionally serves low yield leisure traffic. Mead Jennings considers what this means for competition - both in and out of the state. Bloodbath is not a term most people associate with Florida, the US's self-proclaimed sunshine state. ...
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EVA quiet on home front
EVA Air is remaining silent on why it decided to buy 30 per cent of Taiwan Airlines, but its investment in a third domestic carrier in less than a year has raised many eyebrows. The Taipei-based carrier will only say the purchase is 'positive' for both Taiwan Airlines ...
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Oz taxman to take his toll
Australia's big operators Qantas and Ansett could be in for a rude shock when the taxation time rolls around later this year. Canberra's tax overlords have ruled that manufacturer credits do not qualify as a discount on the price of new aircraft but as assessable income and should be treated ...
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Rome recalls its old hands
Two years after Alitalia's management underwent a radical shakeup with the hiring of two private sector managers to fill the senior posts, the top dogs are out of the door, seven other executives are on 'holiday' and the status quo has returned with the appointment of trusted, politically astute, aviation ...
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SAS fingers French lead
Air France clearly enjoys sailing close to the wind. But this time it may have capsized the boat, following SAS' complaint to the European Commission that the French flag's recent weekend break promotions undercut market prices. The French flag carrier is strictly prohibited from price leading under the ...
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Delta set for solo quest?
After 14 months, Delta Air Lines and AT&T may be parting ways as joint equity holders of TransQuest Information Solutions, the information technology concern primarily serving Delta but also set up to rival AMR's Sabre to sell services to other airlines. NCR, the computer division of AT&T and ...
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FAA hurts its neighbours
The US Federal Aviation Administration's controversial rating of the oversight practices of foreign civil aviation authorities is threatening the existence of Venezuelan carrier Avensa and starting to harm the international expansion plans of Air Jamaica. After an FAA safety audit, Venezuela was categorised as a Category II country ...
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Air Ops closes down
SWEDISH-BASED charter airline Air Operations of Europe will cease operations by May. All 170 employees, mainly those at the airline's headquarters in Sollentuna, outside Stockholm, will lose their jobs. The airline, better known as Air Ops, was started by pilot/businessman Thomas Johansson on behalf of Dutch bank ING. ...
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Swissair will cut 1,200 more jobs
SWISSAIR IS CUTTING a further 1,200 jobs from its workforce in a bid to reduce costs. The redundancies come on top of the lay-off of 1,600 employees in September 1995. The airline says that the move is part of a scheme to add a further SFr500 million ($415 ...
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Mesaba setback hits Dornier workforce
Andrzej Jeziorski/MUNICH DORNIER HAS PUT half of its production workforce on short time after losing to Saab Aircraft on the order for 72 turboprop aircraft from US regional carrier Mesaba Airlines. The short working begins on 1 April, and will continue for six months. What ...