All air transport news – Page 2575
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News
AMO sells more 146 leases
BRITISH AEROSPACE'S Asset Management Organisation (AMO) has placed six more BAe 146s with European and Australian operators. Swedish regional carrier Malm" Aviation is acquiring a ninth aircraft, a 146-200, on a five-year lease from September; Mistral Air has already taken delivery of a Series 100 for scheduled passenger ...
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Air Foyle plans to plug gap in cargo capacity
UK CHARTER AIRLINE Air Foyle is poised to enter the scheduled long-haul cargo business for the first time later this year. The Luton-based carrier is negotiating the dry-lease of a Boeing 747-200F freighter to begin services from London - possibly Stansted - to destinations in South-East Asia, South ...
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Monarch to take on Alitalia leases
Gnter Endres/LONDON MONARCH AIRLINES is on the verge of taking over the contentious wet-leased Boeing 767-300ER operation, now provided by Ansett Worldwide Aviation Services on behalf of Alitalia. The new deal is an extension of a long-standing agreement between Monarch and Ansett, under which the UK ...
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Embraer forced to impose job cuts
Brian Homewood/RIO DE JANIERO BRAZILIAN AIRCRAFT manufacturer Embraer, privatised in late 1994, is to make 1,700 of its 5,550 employees redundant in a bid to cut costs, says president Juaraz de Siqueira Britto Wanderley. The redundancies, most of which will be voluntary, began in June. ...
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Australia cuts price of Qantas
THE AUSTRALIAN Government has slashed the expected price of its remaining 75% stake in Qantas, in a bid to boost the privatisation, which has been flagging in the face of weak financial markets and expectations of a poorer operating performance from the airline group. Estimates for the price ...
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VASP to expand MD-11 fleet
BRAZILIAN AIRLINE VASP has placed firm orders for two McDonnell Douglas (MDC) MD-11s and announced long-term plans to operate a fleet of up to ten of the tri-jets. The Sao Paulo-based carrier took delivery of its first MD-11 in February 1992 and is revising its fleet plans after ...
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Avatar rockets into top ranks
A NEW COMPANY has propelled itself into the top level of the world's spares resellers with a $400 million cash deal to buy Delta Air Lines' surplus-parts inventory. Avatar Alliance believes that the acquisition of some 17 million parts for 12 aircraft types "...may be the largest transaction ...
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North Dakota reforms praised
GENERAL-AVIATION product-liability reforms enacted by North Dakota have been hailed as a model for other US states. North Dakota has established a ten-year limit on an aircraft-manufacturer's liability for manufacturing defects, arguing that the 18-year statute of repose passed by US Congress in 1994 does not go far enough. ...
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Pacific first for Saab 2000
AIR MARSHALL ISLANDS' FIRST Saab 2000 arrived in Majuro, the island nation's capital, late in June. The delivery was the first in the Pacific region, although Australian carrier Kendell Airlines has two options which could be converted to firm orders later this year. The Saab 2000 will replace Hawker-Siddeley 748s ...
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Transwede is forced into radical change
INCREASINGLY unsustainable losses have forced independent Swedish airline Transwede to initiate a radical restructuring programme centred on the establishment of three separate business units. From this month, scheduled, charter and maintenance activities will be operated as independent profit centres. The move, which involved 160 redundancies at the end ...
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Continental and Air Canada agree to extend code-share deal
CONTINENTAL AIRLINES and shareholder Air Canada have announced new code-share services, beginning on 8 July. Rival Canadian Airlines International and American Airlines launched their code-sharing agreement on 1 June. The US-Canada "open-skies" aviation pact, signed in February, allows unlimited code-sharing between the countries' airlines, with temporary limits on ...
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Collins and Dassault team up on GCAS
ROCKWELL-COLLINS has linked with Dassault Electronique of France to develop a ground-collision avoidance system (GCAS). Airbus Industrie will flight-test a "red-label" prototype of the Dassault unit in late 1995, in an A319, and the system is to enter service with Air Inter in early 1997. Rockwell's Collins Commercial ...
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Aircraft news
Continental Express has ordered 25 Beech 1900Ds. The contract is worth $105 million with deliveries due to start in July and continue through to mid-1996. Qantas has ordered three B737-400s and two 767-300ERs, worth $325 million. Maersk Air has ordered six Boeing 737-500s with options on ...
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Appointments
Graham Atkinson has been named vice president Atlantic division for United Airlines. This gives him responsibility for Europe, the Middle East and Africa. The Board of Airline Representatives in the UK has appointed Peter North as its first chief executive. Ed Bavaria has been named deputy ...
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B777 gets ETOPs
Boeing's Pratt & Whitney powered 777 received Etops approval from the US Federal Aviation Administration prior to its maiden revenue flight with United Airlines on 7 June. Source: Airline Business
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The yen factor
The strength of the Japanese yen is having major repercussions throughout the airline business. David Knibb looks at the impact.The Japanese even have a word for it. Endaka describes the inexorable rise in the value of the yen. It's not a new phenomenon; the yen has been appreciating for at ...
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Clearing the cost block
Continental Airlines' president, Gordon Bethune, says the airline must focus on revenue gains rather than cost cuts, and must improve its poor reputation. Mark Odell reports from Houston.Gordon Bethune, the president and chief executive of Continental Airlines, doesn't mince his words. His energetic and hands-on management style has ripped ...
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Routing for growth
Airlines have added and abandoned new routes at a substantial rate in the past two years, but US carriers and those based in more liberal markets dominated the picture. Report by Reed Travel Group Market Analysis and Airline Business. Market expansion is one of the most pertinent ways to ...
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Boom conditions shift to slowdown
It was only 12 short months ago that the global financial markets were gripped by fear of overheating and inflation. Robust economic growth, particularly in the United States where output soared to 4.7 per cent in 1994, sent the yields on government bonds round the world sharply higher and the ...
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Sino thaw is set to grip
Chinese aviation appears to be experiencing a thaw as two recent events show that both outsiders and the CAAC have growing confidence in China's airlines. China's transition from bank-guaranteed to asset-based financing received a boost with the recent decision of an operating lessor to commit aircraft to a ...