All Networks news – Page 1196
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News
Air Niugini reduces debt with Government cash
Papua New Guinea (PNG) has boosted Air Niugini's capital base to over kina60 million ($22 million) with a kina50 million cash injection, as part of a wider effort to restructure the airline. The injection will allow the carrier to reduce its debt to PNG Banking, believed to exceed kina150 million. ...
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SAir Group acquires major Air Europe stake
Marco Messalla/MILAN Swissair parent SAir Group is to grow its increasing portfolio of small European airlines by taking the maximum permitted stake in Italian long-range charter carrier Air Europe, through the purchase of 49.9% of Dutch-based holding company Tegel. The move follows the recent purchase of 44%of France's Air ...
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Lithuanian fleet boosted with Saab
Lithuanian Airlines is to boost its Saab turboprop fleet with the lease of two Saab 2000s from the manufacturer's leasing division. The two aircraft, which were previously operated by Deutsche BA and France's Regional Airlines, will arrive at the Lithuanian national carrier's Vilnius base this month, joining two Saab ...
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Gathering clouds threaten European open skies deals
Max Kingsley-Jones/LONDON Julian Moxon/PARIS Any prospects of an immediate UK-US open skies agreement have disappeared, following the confirmation by British Airways that it is postponing its plans for a full-blown strategic alliance with American Airlines. Meanwhile, France is pressing ahead with implementing its bilateral aviation agreement with the ...
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SIA profits down
Singapore Airlines (SIA) blamed the Asian economic downturn for its poor financial performance for the first half of its 1998 financial year with operating profits plummeting 44% to S$246 million ($x million), a drop of S$195 million on 1997 first half figures. Revenues were down $87 million at $3.43 billion. ...
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USA moves to block Northwest bid for Continental
The civil lawsuit which the US Department of Justice (DoJ) filed in late October to block Northwest Airlines from purchasing a controlling stake in Continental Airlines could take federal courts years to resolve. The airlines describe the DoJ's claims as groundless, and Northwest still plans to buy the 51% ...
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MD-11 probe leads to entertainment disconnection
Swissair has voluntarily disconnected the in-flight entertainment systems on its Boeing 747 and MD-11 fleets as a precaution because some heat-damaged wiring associated with it has been found in the MD-11 which crashed off Nova Scotia, Canada, on 2 September. Both the airline and the Transportation Safety Board of Canada ...
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Marketplace
-Frontier Airlines is leasing a Boeing 737-200 from Interlease Aviation Investors, and two new 737-300s, one from Air New Zealand and another from Heller Financial. The -200 has been delivered, while the two 136-seat -300s will go into service with the Denver-based airline in December. -TransAer has introduced its tenth ...
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More Air Do routes
Japan's transport ministry has licensed Hokkaido International Airlines, known as Air Do, to fly between Tokyo and Sapporo. The new carrier will fly three round trip services daily from 20 December, with fares to be set at 36% lower than existing ticket prices. Air Do is the second new Japanese ...
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Routes
-Transavia will begin year-round, scheduled services from Amsterdam Schiphol to Seville and to Rhodes in its 1999 summer season. -LTU resumes weekly non-stop flights between Munich and Cape Town on 6 November with a Boeing 767-300ER. The airline temporarily suspended flights to Cape Town six months ago, quoting less demand ...
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American and BA in accord on Iberia stake
American Airlines and British Airways, leaders of the oneworld alliance, have reached a tentative agreement with Iberia's state holding company to acquire jointly a 10% stake in the Spanish flag carrier as it is transferred into private ownership. The agreement, which signals the next likely move to bolster the new ...
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Winners and losers
Brent Hannon/MANILA New carriers launched since aviation was deregulated in the Philippines in late 1994 have enjoyed rapid growth as a result of the prolonged crisis at Philippine Airlines (PAL). The crisis, which came to a head with a pilots' strike in June this year and a two-week cessation ...
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Boeing tests 747-X trailing edge wedge
Boeing has begun flight tests of a trailing-edge wedge wing modification on a 747-400 as the first element of a potential package of changes that could be applied to future 747 derivatives. The modification consists of a triangular-shaped wedge on the lower surface of the wing trailing edge, and ...
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UK halts Air Atlanta leasing in parts maintenance inquiry
David Learmount/LONDON In a surprise move, the UK Civil Aviation Authority suspended operating permission for five days for UK airlines to lease aircraft from Air Atlanta Icelandic. The issue, says the CAA, was the manner in which Air Atlanta was using an out-of-service Boeing 747 to supply parts for ...
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BA closes on RB211 'hybrid' retrofit deal
Andrew Doyle/SEATTLE Max Kingsley-Jones/LONDON British Airways is finalising a deal with Rolls-Royce to upgrade the engines on half of its 50-strong fleet of RB211-powered Boeing 747-400s, as it finalises a plan to phase out the remainder of its "classic" 747 variants within the next four years. The proposed contract, which ...
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British Midland to outline fleet expansion for long haul services
Max Kingsley-Jones/LONDON British Midland (BM) will this week outline plans to acquire a fleet of long-haul aircraft, as well as new deals for additional short-haul aircraft. In February, the UK airline unveiled plans for transatlantic services from London Heathrow in anticipation of a UK/US "open skies" accord, and ...
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Japan Air Lines ramps up efficiency plan
Japan Air Lines plans to accelerate efficiency improvements across the airline including a reduction of up to 10 aircraft in its fleet acquisition planning. Measures in the new"strategic business plan" include: achievement of a 10% cost reduction is to be brought forward from March ...
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Air Canada loss
Air Canada suffered a net loss of C$61 million ($40 million) during the third quarter, down C$242 million on the same quarter in 1997. The airline warns that the worsening performance of certain international and domestic routes will require fundamental changes to its business plan for 1999, possibly including order ...
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PAL resumes service as courts order aircraft to be returned
Brent Hannon/TAIPEI Philippine Airlines (PAL) was able to relaunch international flights on 29 October, following a US court decision ordering the US Exim bank to return its seized Boeing 747-400s to the struggling carrier. The airline has also received approval from Manila's Securities and Exchange Commission (SEC) to return ...
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Qantas suspends regional services
Paul Phelan/CAIRNS Australian flag carrier Qantas suspended regional services to several eastern New South Wales provincial centres on 30 October, because of safety concerns over a trial of proposed new flight information and communication rules in uncontrolled "Class G" airspace. Up to 41 incidents reported in the first ...