All Networks news – Page 1241
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Eastern premise
The abiding lesson from the recent Singapore air show is not the magnitude or nature of the present economic unrest in the Asia-Pacific region, but the vulnerability of the aerospace community in the region to such a crisis. Much as time and effort needs to be expended in countering the ...
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Range, range...range
Guy Norris/LOS ANGELES Confused over Boeing's plans for future 747 derivatives? Take heart. For two years since the cancellation of the ambitious 747-500X/600X development, Boeing appears to have been as perplexed as anybody. Devising a strategy for product development is, at best, an inexact science. Boeing knows this ...
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Embraer chief confirms plan for international flotation
Embraer president Mauricio Botelho has confirmed that the company is on course for a share flotation on international markets later this year, raising cash for new product development, but also underlining the Brazilian manufacturer's ambitions to increase its world presence. Botelho, speaking at the show, said that it is ...
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Asians sign up for Trent work
A memorandum of understanding for a proposed joint venture to undertake Trent engine overhaul and maintenance in Asia- Pacific has been signed by Rolls-Royce, Singapore Airlines Engineering (SIAEC) and Hong Kong Aero Engines Services (HAESL). HAESL, a joint venture between R-R and Hong Kong Aircraft Engineering, is the only ...
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FAA seeks further FANS funding
The US Federal Aviation Administration is seeking Congressional approval to divert more than $100 million in 1998 funding towards future air navigation system (FANS) modernisation of US air traffic control centres (ATCCs), following complaints that it was not moving fast enough. Funding is needed to upgrade 20 US continental ...
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Business Express leads 30-seater orders
Business Express has become the first US regional carrier to declare its hand for a 30-seat regional jet, signing an order for 20 Embraer RJ-135s, and 40 options, in a total package worth around $810 million. The first aircraft are scheduled for delivery in October 1999 and will follow ...
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AB float time
AB Airlines is to float 30-40 per cent of its share capital on the London Stock Exchange during April/May to finance new aircraft purchases and route expansion. The carrier flies from London/Gatwick to Shannon, Lisbon and Berlin. Source: Airline Business
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BA alliance faces delay
Patience is a virtue that American Airlines and British Airways surely must be learning. Both carriers seem resigned to more months of delay as their proposed alliance faces scrutiny on both sides of the Atlantic. But BA now hopes that the European Commission might put all alliances at a ...
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Up in arms over Uganda
The battle for dominance of African air space is intensifying with Alliance Air striving to gain control of soon to be privatised Uganda Airlines. Alliance's executive director John Murray says it is 'vital' for Kampala-based Alliance to gain control of Uganda Airlines to prevent it from falling prey to ...
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Kiwi quests
Air New Zealand sees its future in a global alliance but has yet to gain access to the Star Alliance. Meanwhile the carrier still needs to overcome major challenges close to home. David Knibb reports from Auckland. Air New ZealandThey say events often happen in threes - all the more ...
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Alitalia stops cheap stunt
Alitalia deftly dropped all promotional fares within Europe in February to avoid the European Commission re-considering approval of its state aid. Alitalia had come under fire from domestic airlines Alpi Eagles and Air One, which claimed the Italian flag carrier was 'price leading' on key routes, violating conditions attached ...
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Sharp exit out of Asia
The Asian crisis is forcing Qantas and Air New Zealand to shift capacity out of Asia and into a face-off closer to home. Both airlines withdrew from Korea in January; Qantas has now announced cutbacks to Indonesia, Thailand, and Malaysia. Air New Zealand retreated from these markets last year. ...
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Asia chops its policies
Fleets, financing and fares are all under review as airlines in the most troubled parts of Asia look for ways to weather the financial turbulence. Boeing predicts that Asian customers could delay up to 60 aircraft deliveries over the next three years. Asian airlines have placed firm orders for ...
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Degrees of new disaster
The Asian economic crisis may have thrown the entire region into turmoil, but differing attitudes among Asian startups illustrate how misfortunes vary between countries. Harlequin Air, a new affiliate of Japan Air System, is confident that while Japan may have economic worries, its citizens still have disposable income. Harlequin ...
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Cintra faces censure
By delaying its initial public offering, the holding company Cintra has dodged calls for separate offerings of shares in Aeromexico and Mexicana, but it still faces heat from several quarters. AeroCalifornia, one of Mexico's two major independent airlines, has become the most outspoken critic of Cintra's practices and ties ...
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US-Japan: is this the finish post?
The new US-Japan civil aviation bilateral might go down in history as the agreement that metamorphosed from a full open skies prospect into a reality check. Given the increasingly obvious premise that full open skies was not on the table, it eventually came down to the US Department of ...
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Airline News
Japan Airlines is scheduled to introduce a three times weekly service from Nagoya to Los Angeles, a twice weekly service between Nagoya and London/Heathrow and a weekly Hiroshima to Honolulu service, as well as a daily Fukushima to Sapporo operation this April. United Airlines is due to introduce a ...
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And then there were four . . .
The latest 'virtual merger' means four airlines have 70 per cent of the US market. The airline alliance dance has moved into a new phase with the announcement of the virtual merger between Northwest Airlines and Continental Airlines. The entire industry is still trying to digest the implications of this ...
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Enter the eurozone
Airlines need to get to grips with the pricing and IT issues that are posed by the planned arrival of Europe's single currency on 1 January, 1999. Report by Gemini's Keith Turner. A year ago it was debatable whether Economic and Monetary Union (EMU) would ever happen. Since then there ...
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1997 at a glance
January Boeing and McDonnell Douglas announce plans for a $13.3 billion merger. Norwegian travel agents threaten to sue SAS over plans to reduce commissions. Delta Air Lines winds down its Frankfurt hub, ending its intra-European services. Swissair, Austrian, Sabena and Delta establish a revenue pool on the North Atlantic. A ...