All air transport news – Page 2602
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Dealing in Deutsche marks
The German tax lease market is growing, and providing an important source of aircraft funds, but there are fears that any liberties taken with structures could lead to tighter regulation by the tax authorities. Trevor French reports.It doesn't often happen that the arcane world of aircraft finance hits the front ...
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Financial results
Aer Lingus' operating profit was $83.3m, partly due to increased traffic. The carrier received $80m in government aid in 1995. Aeromexico's load factor fell 4.5 points to 60%. Cost saving measures cut capacity 13% and reduced staff by 10%. Operating profit was $24m. Cathay benefited from ...
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Airline news
Lufthansa is launching an on-line reservation service that can be accessed through either a CD-ROM format or through the Internet or other on-line services. Distribution of the CD-ROM is in conjunction with travel agents, who will be able to customse their own versions of the disc. South African ...
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Pressing for open skies
The US Department of Transportation has in general had strong support from the halls of Congress of late - especially in the realm of international aviation issues. In a late March floor speech, Larry Pressler, South Dakota Republican and chairman of the Senate commerce committee, spoke on the ...
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PAL recovery under threat
The recovery of Philippine Airlines from disastrous financial losses over the past two years is under threat from rising competition from a growing number of startups with ambitions to launch on to key regional routes. Grand Air and Cebu Pacific Air, which have both made inroads on domestic ...
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East West in US deadlock
The vagaries of the youthful private Indian aviation sector are starting to manifest themselves in the courts, as the number of cases of litigation against the independents by foreign lessors starts to rise. The most prominent case that has come to court is between East West Airlines and ...
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Is it just pie in the sky?
When an airline can save $1.5 million a year by serving salads without a lettuce liner which nobody eats anyway, you know that cost-cutting has begun to bite. These days, catering represents quite a dilemma for airlines. The marketeers say food remains a way for airlines to differentiate ...
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Chill winds hit Geneva
Political niceties have given way to economic realities as Swissair concentrates its longhaul activities in Zürich, moving several international destinations from Geneva. 'There is a change in the economic environment in this business and we are no longer in a position to pay attention to political considerations,' says Martin Bisang, ...
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US smarts at Euro success
The European aerospace industry is flexing its muscles in the wake of the Fokker collapse with an apparent double success in China and the emergence of a real challenge to the monopoly of the B747. Equally significant, the Dutch manufacturer may yet see in 1997, as it continues the search ...
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UK minnows challenge BA
British Airways is facing a double dose of action under European legislation from two of its UK rivals. In a case due before the UK High Court in mid-April, Air UK is suing BA for planning four daily services between London/Gatwick and Edinburgh. Air UK refuses to comment ...
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Urgency mounts for Alitalia state cash as losses grow
Kevin O'Toole/LONDON THE FULL EXTENT of Alitalia's losing battle with its massive debts became clear as the group revealed further losses for 1995. The extent of the deficit makes an injection of fresh capital essential if the airline is to continue operating. Although the group's headline loss was held to ...
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USA tries again to close F-16 Indonesian sale
US GOVERNMENT officials are hoping that a planned visit to Indonesia by the Chairman of the US Joint Chiefs of Staff will revive the flagging deal to sell nine embargoed Lockheed Martin F-16A/Bs which had been destined for Pakistan. Gen John Shalikashvili is due to visit Indonesia in early May ...
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Airship deal at final stage
Ramon Lopez/WASHINGTON DC AIRSHIP manufacturing will resume in the UK as soon as a UK investor group finalises its purchase of designs, patents and other assets of Westinghouse Airships. The transaction (Flight International, 10-16 April) will be completed shortly, says Roger Munk, who is leading ...
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Bedek backs 707 as tanker platform
Douglas Barrie/TEL AVIV ISRAEL AIRCRAFT Industries' Bedek group is to stay with the Boeing 707 airframe as the basis for its tanker-conversion business, following internal studies into alternative airframes. Despite the age of the 707 design, senior Bedek officials believe that the airframe still provides ...
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The benefits of glass cockpits
Sir - I get the impression from David Learmount's article "Cracked glass" (Flight International, 3-9 April, P30) that glass-cockpit aircraft today are less than flawless and that there is a revolution, not just an evolution, needed to bring them back on track. Research into cockpit layout and the ...
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China wants Airbus Industrie to join AE-100 programme
Paul Lewis/TOULOUSE CHINA HAS ASKED AERO International (Regional) (AI(R)) to modify its regional-jet partnership proposal to include Airbus Industrie, to improve marketing and after-sales support for the planned Air Express AE-100. The involvement of Airbus is among key demands made by Aviation Industries of China (AVIC) during recent discussions with ...
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Cargo conundrum
Steady growth is predicted for world air-cargo market. Guy Norris/LOS ANGELES AIRCRAFT MANUFACTURERS and conversion specialists are watching the burgeoning growth in world air-cargo traffic with eager anticipation. Every forecast points to steady and continuous growth, but not all agree on whether most of it will be ...
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Winglet benefits
Winglets could bring operational benefits to the Boeing 747-200F. Guy Norris/SEATTLE Aviation Partners, a Seattle-based modification company specialising in advanced winglet designs, is developing a lightweight winglet for the Boeing 747-200F. The company predicts that the revised wing could yield a 7% cruise-drag reduction, among ...
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Preaching conversion
Buoyant demand spawns new wave of widebody freighters. Graham Warwick/ATLANTA SO FAR, THE WIDEBODY freighter-conversion market has been dominated by the Boeing 747. Now, a new wave of widebody freighters is being rolled out of modification centres to meet the buoyant demand for cargo aircraft. ...
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Profitable Dassault keeps quiet on Aerospatiale link
FEW CLUES HAVE emerged as to the state of Dassault Aviation's enforced merger talks with Aerospatiale from chairman Serge Dassault's unveiling of an increasingly healthy financial results for 1995 . Dassault refers only briefly to the negotiations with Aerospatiale, which have been more or less forced on his ...