All air transport news – Page 2617
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More aircraft up for Sale
Singapore Airlines' leasing joint venture, Singapore Aircraft Leasing Enterprise (Sale), is in expansion mode and could have 50 aircraft in its portfolio within five years. Current plans envisage 25 widebodied aircraft by 2001, but Sale is considering entry into the narrowbody market which could result in a doubling ...
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Order doubts slay dragons
China's smaller carriers are in a life or death struggle to gain Beijing's approval for what they expect will be a limited number of aircraft orders this year. The outcome of the battle looks likely to settle which airlines survive and which are swallowed by others. And the ...
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Lessors less committed
For the first time in years, operating lessors are placing major aircraft orders again without advance lease commitments and amid warnings that history may repeat itself. General Electric Capital Aviation Services (Gecas) has ordered 107 Boeing aircraft, and is reportedly close to making a large Airbus order. Singapore ...
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One problem, three Chinas
Beijing's sovereignty claims over the 'territories' of Hong Kong and Taiwan are having repercussions throughout Asia and could yet spread to other parts of the world. China's attempts to disrupt Taiwan's presidential election in March have left the status of air services between several Asian points in limbo. ...
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Jumbo threat spurs Airbus
Boeing's recent sales successes in Asia with the B777 and B747 are forcing Airbus to consider an early launch for its A3XX project, as the US manufacturer prepares to stretch its largest jet. While Airbus and its partners ponder the viability of their $8 billion programme, Boeing is ...
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ANZ rejigs Ansett deal
Air New Zealand's tortuous attempts to forge an equity alliance with Australian operator Ansett are fast taking on more shades than a chameleon. After prolonged discussions to reach an agreement to make a phased purchase of TNT's 50 per cent holding, new talks are underway to change the shape of ...
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ATA bemoans Russia deal
By approving a $1 billion loan to Aeroflot, the Export-Import Bank has inadvertently become the latest target in the US airline industry's fight to have the exemption on fuel tax reinstated. The howls of protest that greeted Exim's decision to grant a $1 billion loan to Aeroflot to ...
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Cuts start to pay at TWA
Restructuring at TWA is finally beginning to bear fruit as Delta Air Lines slows its broad '7.5' cost-reduction programme. But both carriers have been hard hit by one-time costs associated with layoffs, outsourcing, fleet retirements and, especially for TWA, new technology investment. At St Louis-based TWA, there are ...
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Agents for change
All the major computer reservations systems recently signed distribution agreements in China. Elaine White outlines the Chinese travel agent scene and looks at the potential for automating what will become the world's largest travel market.China's travel and tourism industry may be relatively new, but it is already one of the ...
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No haste, just speed
Having sealed its partnership with KLM, Kenya Airways is wasting no time in completing its privatisation and entering the next phase of its development. Jackie Gallacher reports.Kenya Airways is in a hurry. It aims to complete its privatisation by the end of March, and to outline the main priorities for ...
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Latin Americans eye trade en bloc
The Latin American economies have recovered speedily from the Mexican crisis of a year ago. After an initial drop in capital flows into the region, inward investment has resumed, inflation rates across the South American continent have continued to moderate and growth rates are gradually being restored. As a ...
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On the upswing
Richard Whitaker and Sara Guild review the financial and traffic performances of the 40 airlines which have so far released data covering all or part of 1995. If 1994 was the year of recovery for the airline industry, for most carriers 1995 saw profits return with a vengeance. Ten out ...
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Good times, bad times
Northwest Airlines is no longer the highly leveraged, unprofitable carrier of a few years ago, but the carrier faces some tough hurdles in 1996. Jane Levere reports.The scourge of the investment community less than three years ago, Northwest Airlines is now the darling of Wall Street, having streamlined its operations ...
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A few home truths
Full liberalisation of the domestic markets of all the third package signatory states is just over a year away but Europe's leading economy is already in its third year of fully-fledged domestic competition. Mark Odell reports. The prospects for new competitors in the German internal market appear bleak after liberalisation ...
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Airline news
Virgin Atlantic will start thrice weekly services from London/ Heathrow to Johannesburg from October. British Airways is to ban smoking on all flights to US and Caribbean destinations, except where more than one daily flight is available. South African Airways has resumed service to Buenos Aires ...
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Consulting with success
Kenya Airways' successful privatisation is raising hopes for a renaissance in African aviation Kevin O'Toole/LONDON BRIAN DAVIES admits that it was an opportunity that no self-respecting aviation consultant could have resisted. After being called in to lead a six-week study on how Kenya Airways should ...
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American in Paris
Boeing is trying to interest Air France in the purchase of the Boeing 777. An Air France Boeing 747 pilot, Andre Groppo of the airline's evaluation division, flew the aircraft between Dubai and Paris in late February. Air France directors, headed by chairman Christian Blanc, also attended a presentation of ...
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Extra EA400 tourer nears maiden flight
Andrzej Jeziorski/MUNICH GERMAN AIRCRAFT manufacturer Extra-Flugzeugbau expects to conduct the maiden flight of its Extra EA400 touring aircraft by mid-March. The company says that the aircraft is in a final round of ground tests leading up to its aerial debut. The exact date of the ...
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Fairchild delivers Metro 23s to Orca
FAIRCHILD HAS delivered the first of two Metro 23s equipped with an electronic flight-information system. The 23E as the version is known, is also fitted with a digital autopilot and was delivered recently, to Egyptian carrier Orca Air. The airline, which has options on a further four 23Es, will operate ...
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Canada's WestJet ready for take-off
LOW-COST CARRIER WestJet Airlines plans to begin operations in western Canada on 29 February. The Calgary-based airline intends to operate 96 flights a week initially, increasing to 152, between Victoria, Vancouver, Kelowna, Calgary, Edmonton and Winnipeg. The carrier owns three Boeing 737-200s and has a "substantial pool" of working capital. ...