All air transport news – Page 2561
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Appointments
Daniel Garton has been appointed as president of AMR Eagle. Garton leaves his position as chief financial officer and senior vice president of Continental Airlines. Boonie Soodik has been named vice president general manager quality for Douglas Aircraft. Richard Smallwood has been named as successor to ...
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Airline Business 100 - 1995
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 94 93 Pax ...
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Western rethink
After a few early failures, potential western investors are again showing an interest in FSU aviation. But a more upbeat view of future traffic growth is needed. Colin Smith reports.More than three years have elapsed since the demise of the Former Soviet Union (FSU) and the ensuing disintegration of the ...
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Many happy returns
After keen investor interest, Australian flag Qantas was all set to become fully traded on the stock exchange from 31 July, and under immediate intense pressure to provide the projected return on investment. Tom Ballantyne reports.As Qantas began its first twelve months as the world's most recently privatised airline in ...
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Thriving markets
For the industry as a whole, 1994 was marked by substantial growth, with passenger traffic for the Airline Business 100 carriers increasing by 8.2 per cent and freight tonne km by 16.3 per cent. However there were some meteors, almost all of them smaller carriers whose revenues place them below ...
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Flying on course?
Many airline executives have read Professor Rigas Doganis' textbook on airline management, Flying off Course. As chairman and chief executive of Olympic Airways, Doganis is now putting theory into practice. He talks to Sara Guild about progress so far, and the future.Ensconced in the room that once held Aristotle Onassis, ...
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Financial results
Higher load factors and increased yields combined to produce the increase in revenue. Pretax income doubled to $41.2m but the tax provision rose. The dislocation of American Eagle's fleet due to bad weather and a freak hailstorm affecting 10% of American's fleet cost $23m in net earnings. ...
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Northern Exposure
Alaska Air has slashed its unit costs, revamped its network and moved away from high service levels. Now the carrier must rebuild its balance sheet and rebuff the advances of competitors in an increasingly tough market. Mead Jennings reports from Seattle.John Kelly, president and chief executive officer of Alaska Air ...
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Airline news
British Airways and USAir have expanded their codeshare agreement to include 10 new US destinations. BA has signed a service partnership with Aeromexico. Canadian Airlines has added 17 new daily flights to its codeshare agreement with American Airlines. Services include Montreal, Toronto and Vancouver to Dallas-Ft Worth; Calgary ...
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Asia majors to woo DHL
The Asia-Pacific's major airlines are trying to convince overnight express freight operator DHL Worldwide to modify plans to introduce 12 of its own Boeing 727 freighters into the region, apparently fearing the move will rob them of critical cargo income. Until now DHL has used only commercial uplift ...
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Asia yields to price wars
Asia's halcyon days of high yields look set to end in the conflagration of fare wars as the pressure on prices mounts from four directions. Seven months of flat or falling loads are the main culprit. Traffic is still growing at an annual 8 or 9 per cent, ...
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Garuda fears open house
Already hit by falling profitability Garuda Indonesia has been stunned by a government scheme to allow major rivals virtual open entry into its home market. The carrier has 'protested fiercely' at proposals by minister of transport Haryanto Dhanutirto to invite British Airways, KLM and Japan Airlines to apply ...
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Twin trouble for Cathay?
Cathay Pacific doesn't know whether to laugh or cry. On the one hand, it has avoided sharing its Hong Kong-Taiwan route with a Chinese-backed aspiring new entrant, China National Aviation Corporation, but it must still contend with two new entrants on the lucrative route. The thorny issue of ...
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Profits hit USAir cuts ...
USAir's short period of optimism, with its labour problems near resolution, its competitors at bay and its second quarter profit up 717 per cent, was only illusory. The carrier returned to square one in its labour talks in July, Southwest is preparing to enter the Florida market, long ...
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LOT to think about AMR
LOT Polish Airlines has a lot to think about. The most pressing issues are doubts over its cooperation with AMR Corp, its proposed codeshare with American Airlines and the refinancing of its recent fleet acquisition. AMR Corp's ground services management contract with LOT is up for a two ...
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Air India has capital plans
In a bid to reverse its declining market share Air India is embarking on an ambitious fleet renewal and expansion plan which would double the number of aircraft to 54 by the year 2002. With the state coffers shut tight, the Indian flag carrier is planning a further expansion of ...
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Delta plans another rejig
Delta Air Lines is to restructure its network by leaving five international markets, diminishing its Dallas-Fort Worth hub further, building up the importance of Cincinnati, and transferring more routes to regional airlines. The realignment is part of a continuing effort to maximise the profitable elements of Delta's network ...
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Sepcarb success
Lufthansa has selected Messier-Bugatti's new-generation Sepcarb III carbon brakes for its recently ordered fleet of 20 Airbus A319s, plus 20 options. The German flag carrier is also considering replacing the early-generation carbon brakes fitted to its A320s, and the steel brakes on its A321s with Sepcarb IIIs. ...
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Delta repairs PW4060s
Delta Air Lines has signed a contract, potentially worth $10-15 million, to repair up to 15 Pratt & Whitney PW4060 turbofans for Sweden's Volvo Aero Engine Services. The PW4060 powers extended-range Boeing 767s. The engines will be air-freighted to Atlanta, Georgia, for repair. Source: Flight International
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V-22 progress
Bell Helicopter Textron has completed the nacelles for the first production-representative V-22 tilt-rotor. They will be mated to the Bell-manufactured wing in October. Bell and Boeing Helicopters are building four V-22s under the engineering and manufacturing development programme, the first of which will be flown in late 1996 Source: ...