All Networks news – Page 1153
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News
Airbus expects Asian order bonanza after recovery
Andrzej Jeziorski/SINGAPOREAirbus Industrie is predicting that Asia's airlines will order 4,300 passenger aircraft worth $450 billion over the next two decades as the Far East renews its economic growth. Adam Brown, Airbus vice-president, forecasting and strategic planning, says signs of recovery in the Asia-Pacific market will appear by the second ...
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BA CityFlyer takeover approved
Chris Jasper/LONDONBritish Airways has won UK Government approval for a £75 million ($117 million) takeover of its franchise carrier CityFlyer Express. The planned purchase had been referred to trade secretary Stephen Byers amid claims that it was anti-competitive in terms of its likely impact on control of slots at London ...
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Jetphone hangs up on airline market
Emma Kelly/LONDON In-flight telephone service provider Jetphone will cease operations on 31 December following a lack of demand by airline passengers for in-flight telephony. Jetphone is in discussions with its airline customers on service cessation, which will leave Europe without a terrestrial flight telecommunication system (TFTS) service provider following ...
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Novair nears A330-200 lease deal to replace TriStars
Swedish charter airline Novair is finalising a deal with International Lease Finance for two Airbus A330-200s to replace its Lockheed L-1011 TriStars. The airline, a wholly owned subsidiary of Scandinavia's third largest tour operator, Apollo, has been negotiating for a new long- haul aircraft for several months as it ...
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Routes
American Airlines will begin seasonal daily services to Los Cabos, Mexico, from Chicago O'Hare on 1 November, using Boeing MD-80s. The airline will also launch three daily Boeing 727 flights between Miami and Tampa on the same day, replacing services provided by regional partner American Eagle, which will reduce its ...
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KAL gears up for freighter fleet overhaul
Andrzej Jeziorski/SEOUL Korean Air's (KAL) cargo division is undertaking a rationalising and renewal of its freighter fleet and has wet-leased an Atlas Air Boeing 747-400F as it boosts transpacific frequencies. According to KAL, the Atlas deal was restricted by local regulations to two weeks from mid-July, after which the lease ...
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Manufacturers wait
Airbus Industrie and Boeing cannot ignore the implications of doing business in euros, but both manufacturers are holding back on offering airlines wholesale opportunities to sign euro sales contracts. Sale executives at the companies confirm that airlines have approached them with requests to buy aircraft with Europe's single currency, ...
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Taking on the dollar
Jack Sellsby/LONDON When the euro was introduced at the start of this year, it became a huge source of new currency financing almost overnight, although the airlines were not the quickest of the corporates to take advantage. But like any other industry on the lookout for fresh, plentiful finance ...
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Control freaks
It often takes a crisis to unite an industry and push participants into much-needed action. A crisis is exactly what Europe's air traffic control system is facing this summer, and Eurocontrol, Europe's air navigation organisation, freely admits it. The signs are already there. Last summer's system performance was poor, ...
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CFMI scoops second slot on A318
Paul Lewis/WASHINGTON DC CFM International has secured a position as the second powerplant supplier on the new Airbus A318 after Air France selected the CFM56-5A/B over the Pratt & Whitney PW6000 launch engine. The French Government is believed to have stepped in with financial assistance to ensure a ...
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Eurocontrol delays steps to taking regulatory powers
Emma Kelly/BRUSSELS Eurocontrol's Council has delayed until October a decision on whether to approve plans to consider granting the air navigation organisation regulatory powers to force member states to make urgent air traffic management (ATM) improvements. The move comes as Europe's air traffic control (ATC) system is facing a summer ...
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LanPeru hovers as AeroPeru searches for cash
LanPeru seeks to expand rapidly its new domestic operation, with international services to Miami and the surrounding region on its agenda. The airline could face delay, however, as AeroPeru, the bankrupt national carrier that is LanPeru's direct competitor, is given another 60-day extension by creditors to find financial backers. ...
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Boeing is considering 'shrunk' 767-400ER for long range role
Guy Norris/SEATTLE Boeing is considering a possible shrink of the 767-400ER as an alternative to meeting the long range requirement of the proposed 767-300ERX with discrete upgrades from the stretched twin-aisle development. The move would be a subtle but distinct change in direction for the 767 programme and ...
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KAL launches $200 million safety reforms
Andrzej Jeziorski/SEOUL Korean Air (KAL), desperate to restore its credibility after a string of crashes, is embarking on a $200 million reform programme to boost safety. The airline hopes this will lead to resumption of codeshare agreements with Air France, Delta Air Lines and Air Canada, which have ...
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Virgin makes plans to be bigger in Asia
Chris Jasper/SHANGHAI Virgin Atlantic Airways chairman Richard Branson has mapped out plans for a major expansion of the UK carrier's Asian route network over the next few years while conceding that its aim of establishing a US domestic subsidiary looks unlikely to become a reality. Speaking in Shanghai during ...
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New York start-up strikes blue note
JetBlue Airways is the name selected by New York-based US start-up New Air, formed by Morris Air founder David Neeleman. Backing worth $125 million in capital is coming from US-based entrepreneur George Soros, through his company Private Equity Partners Fund, and Weston Presidio Capital and Chase Capital Partners. The ...
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China Eastern nears decision on MD-11 fleet replacement
Chris Jasper/SHANGHAIChina Eastern Airlines is finalising plans to order new long-haul aircraft to replace its Boeing MD-11s, as it agrees a new delivery schedule for 10 A320s with Airbus Industrie. China Eastern operates five Boeing MD-11 passenger aircraft and a single cargo version, but will remove the type from its ...
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Gemini set to double cargo capacity
Gemini Air Cargo plans to double the number of freighters it operates by the end of 2000 from nine aircraft. The increase is the result of major US investor The Caryle Group acquiring a majority stake in the carrier. "Caryle will be an excellent financial partner in the next ...
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Routes
Air Canada has launched thrice-weekly Vancouver, Canada-Taipei, Taiwan non-stop schedules using Airbus Industrie A340s, in harmony with codeshare partner EVA Air's three Boeing 747 nonstop flights. Delta Connection Atlantic Southeast Airlines is introducing jet services between between Atlanta and Austin, Houston and San Antonio on 1 August using 50-seat Canadair ...
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Star Alliance pursues French and German rail options
Julian Moxon/PARIS French railway company SNCF is considering a move that could see it become the first "non-airline" member of the Star Alliance - although it has not yet dismissed alternative options which could see it do a "train/plane" deal with a single airline, or open its route network ...