All air transport news – Page 2537
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Asian Express
After a bitter defeat in Europe three years ago, Federal Express is now taking on Asia to compensate for declining yields at home and develop high yield premium international business. By Mead Jennings.Fred Smith, founder and CEO of Federal Express Corporation, has never had trouble thinking about the big picture. ...
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LAB expands Vasp empire
Vasp's $47.5 million purchase of 49 per cent of LAB effectively gives it control over the Bolivian flag carrier, which will use the proceeds for internal development as well as to form an alliance with Vasp and its other recent acquisition, Ecuatoriana. Part of the Bolivian government's 51 ...
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Unions fight for fair share
Boeing's use of foreign subcontractors has become the key issue in what is shaping up to become a long and bitter strike by its 32,000 machinists. Unlike the typical labour disputes over wages and benefits, this strike focuses on some contentious areas of US trade policy. Two recent ...
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Merpati mire after sacking
Indonesia's troubled government-owned airline industry is in turmoil following the sacking of the president of domestic carrier Merpati Nusantara over his refusal to obey a Transport Ministry directive to lease 16 aircraft through a local company. Ridwan Fataruddin's departure came just a few months after the resignation of ...
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New deals aid Taiwan
Compromises on symbolic points have produced new air agreements between Taiwan and both Hong Kong and Macau. Following expected ratification in December, Taiwan will have five-year agreements that straddle the return of both territories to Chinese control. The deals provide new opportunities for Taiwan's airlines and an end to the ...
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'Economic' spying bugs Japanese
Not many people were surprised to learn, in October, that the CIA undertook 'economic' spying on US trade rival Japan. The high-profile impetus for the intelligence gathering was the US-Japan automobile trade talks that were resolved in July after the two sides negotiated an eleventh-hour settlement under the spectre of ...
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Thamnoon's high noon?
Thamnoon Wanglee is fighting for survival as president of Thai Airways International amid investigations into allegations that he authorised the sale of a damaged Airbus A300B4 to Switzerland-based Sebina Trading for US$1.8 million, when it was said to be worth close to $12 million. Investigators are trying to ...
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Alitalia hit by One startup
Startup carrier Air One will end Alitalia's monopoly on Milan-Rome, the Italian flag carrier's most profitable domestic route, following increased slot availability at congested Milan/Linate. Air One, formerly Air Adriatica, will serve Europe's fifth largest route five times a day from end November, with plans to increase to ...
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French open house offer
One of Europe's last bastions of regulation is starting to crumble as the French market embraces liberalisation. Under the third package, which came into force in 1993, all member states had to open up their home markets (excluding ninth freedoms) by January 1996, at the latest. France, like ...
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Iata frees up liability limit
The signing of an inter-carrier agreement aimed at waiving all liability limits is a bold initiative aimed at overcoming global political inaction. The accord, signed at the Iata AGM in Kuala Lumpur, removes all limits on passenger liability claims, which currently range from $10,000 to the unlimited ceiling ...
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Exim tighter on security
Securitisation of export credit guaranteed loans looks set to take hold in Europe, but recent changes made by Eximbank to counter the growing popularity of the technique in the US throws up new hurdles to financiers. European export credit agencies have watched securitisation of Eximbank deals take off ...
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Virgin draws US to Europe
In a powerful combination of UK entrepreneurial drive and US investment capital, Richard Branson and David Bonderman are teaming up to launch the first low-cost startup to strike at the heart of the European Union with substantial foreign ownership. Called Virgin Europe, the new carrier is expected to be based ...
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Airline news
SAS has launched a thrice weekly service from Copen-hagen to Poznan, the carrier's third Polish destination. Ansett Australia is to begin codesharing on seven existing Malaysia Airlines services and on a new Saturday service between Sydney and Kuala Lumpur via Melbourne. Meanwhile, Ansett has also entered ...
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EU law hits Ryanair routes
Gunter Endres/LONDON IRISH NO-FRILLS AIRLINE Ryanair is being forced to offer only 50% of seats available on its flights between London Stansted and Prestwick in Scotland, until it obtains its own Aircraft Operating Certificate, or finds a UK airline which will operate the service on its behalf (Flight ...
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SR20 on schedule for 1997
CIRRUS DESIGN has flown the second prototype of its SR20 all-composite light aircraft. The company says that it remains on schedule for certification in early 1997. The aircraft was flown by Cirrus' new test pilot, former Space Shuttle commander Bob Overmyer, from the company's headquarters in Duluth, Minnesota. ...
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Cargo in control
Lufthansa Cargo achieved its long-sought independence at the start of 1995. The business has not looked back since. Kevin O'Toole/LONDON WILHELM ALTHEN, chairman of Lufthansa Cargo, is clearly a happy man. For the past two decades, he has campaigned for air cargo to be treated ...
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Saab 340 wingtip extension introduced
THE FIRST TWO SAAB 340s featuring extended wingtips for improved "hot-and-high" performance have been delivered to Canadian regional carrier Calm Air. The first aircraft was originally delivered in late 1994, but was modified and re-delivered in October 1995. Calm Air received a second, brand-new, aircraft on 8 November. ...
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Fokker
Eelco Wagner has been appointed vice-president for marketing and sales for North America at Dutch aircraft manufacturer Fokker, of Amsterdam, the Netherlands. He also becomes president of Fokker Aircraft USA, where he succeeds Maarten van Eeghen, who has joined Dutch Railways. Wagner was formerly vice-president for customer support. Bert Wilschut, ...
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Are low fares, just pie in the sky?
Sir - The question of fare levels - in which the public should take a great interest - is an important issue. There is talk about a "low-fare philosophy" and Ryan Air is operating to Glasgow, the second-densest route in Europe, at fares lower than those established for ...
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Engineers of many talents wanted
Sir - I have purposely waited to write this letter, so that I can ask the gentleman in charge of appointments at Airbus Industrie whether he has filled the advertised avionics-engineer position (Flight International, 23-29 August, P53). The advertisement includes the statement: "Candidates must be fluent in French, ...