All Networks news – Page 1258
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Swiss World faces delay in services
Swiss World Airways, Geneva's planned rival to Swissair, may have to postpone the start of its services to North America until March because of delays in getting its leased Boeing 767s onto the Swiss register. The carrier, which was proposed after Swissair withdrew most of its long-haul operations ...
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ValuJet/AirTran merger approved
Kevin O'Toole/LONDON Ramon Lopez/WASHINGTON DC Valujet has completed the final step in its merger with AirTran Airways, after shareholders from both airlines voted to approve the deal. The new AirTran Airlines emerges into a struggling US low-cost sector, however, which is fighting for new competition- legislation ...
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Air France posts strong sales
Air France reports an encouraging 8.5% growth in passenger revenues and a strong rise in yields over the first half of its financial year to September, raising expectations of a healthy profits performance when the figures are finally announced. The group has promised a full year profit of around Fr1 ...
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Portugalia may list
Portugalia Airlines (PGA) is looking to list on the Portuguese stock market by the end of 1998, according to local press reports. PGA believes that, by then, its passenger numbers will have reached the 1 million mark, from 750,000 today. Source: Flight International
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Snecma takes on GE in push to double CFM56 maintenance
Julian Moxon/PARIS Snecma is mounting a determined effort to double its share of the increasingly lucrative market for maintaining CFM56 engines, competing head-on with its CFM International partner General Electric. Through its Snecma Services division, formed in January, the French manufacturer says that it intends to ...
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US Airways completes delayed shuttle purchase
US Airways, having sealed its long-awaited pilot deal, is pressing on with the acquisition of the former Trump Shuttle operation, which flies under the group's colours on the US East Coast. US Airways had expressed interest in acquiring the remainder of the shuttle service when it came up ...
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No frills
No sooner had British Airways announced plans to set up its own low-cost operation at London Stansted, than the howls of protest began from the existing no-frills carriers. Their complaint (writ large in whole page newspaper advertisements) is that the BA intends to put them out of business by fair ...
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Air Maldives signs leasing deal for Airbus A310-200
Air Maldives has become the latest customer for the Airbus A310-200, following the signing of a deal with the European airframe builder to lease a single aircraft for three years, with an option to purchase. The carrier will use the aircraft to replace a larger A300B4 on wet lease ...
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Sirocco enters Lufthansa Tu-204 talks
Sirocco Aerospace International is negotiating with Lufthansa Cargo to lease between eight and ten Tupolev Tu-204-120C freighters. A deal which could see the aircraft introduced on Lufthansa's intra-European routes during 1999 is possible in the first half of 1998. Sirocco will not comment on the negotiations. Sirocco already ...
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ERA chief speaks out on liberalisation
Regional-airline operators in the Middle East will have to persuade governments in the area to liberalise their air service agreements, cut bureaucracy and ease travel restrictions if the industry is to grow, according to Mike Ambrose, the European Regions Airline Association (ERA) director-general. Ambrose was in Dubai to gather ...
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Emirates signs for up to 12 A340-500s
Paul Lewis/DUBAI Emirates Airlines has signed a letter of intent (LoI) for 12 Airbus A340-500s, increasing the consortium's commitments for the -500 and -600 derivatives to 78 from seven international carriers. The United Arab Emirates carrier joined a growing list of launch customers, after inking an LoI to ...
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Sabena switches from Boeing to Airbus for short-haul fleet
Herman de Wulf/Brussels Sabena has selected the A320 family over the Boeing Next Generation 737 to replace its entire 737 fleet, and will sign a contract for up to 39 aircraft for delivery from January 1999. The airline's selection of the Airbus single-aisle aircraft is part of a ...
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Saudis look abroad for airline finance
Alan Peaford Saudi Arabia is on the verge of privatising Saudi Arabian Airlines, the national airline, and allowing a number of small private operators to form airlines for the Kingdom's domestic market. There has been concern for some time that Saudia has been making greater losses ...
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Threatened Saab's 28 aircraft boost
Karen Walker In a bittersweet moment, Saab Aircraft has won new orders for 28 aircraft in the same week that it has almost certainly made its last major appearance at an international air show. In two separate deals, probably worth a total of around $300 million, ...
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CAE centre
Flight simulator and training device manufacturer CAE Electronics announced at the show that it is opening a Customer Service Distribution Centre at Dubai International Airport. The company's decision to locate the centre in the FedEx site is due to the airport's strategic geographic location. The alliance ...
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New cargo airline set to go dutch
Geoff Thomas It's not every day that a new cargo airline is founded - but Dutch freight company Jet Link International announced at the show yesterday that it was doing just that, lease-buying two ex-Alitalia Airbus A300 B4-200Fs from New York's CS Aviation. The new airline ...
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Hangar in Canada free for the asking
How would your company like a free aircraft hangar in North Bay, Ontario, and C$2 million? There's no catch, but you would have to employ 100 people from the immediate area. Interested parties should contact the Air Base Property Corporation (ABPC), which is working with private companies to ...
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Boeing launches 737-900 as -700 deliveries near
Guy Norris/LOS ANGELES Boeing has clocked up three landmarks in its Next Generation 737 programme with its launch of a stretched 737 (the -900), US Federal Aviation Administration certification for the -700 and completion of assembly of the first -600. The -900 was launched with a ...
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Airbus steps up support for Chinese customers
Paul Lewis/BEIJING Airbus Industrie is expanding significantly its customer-support operation in China to meet a twofold increase in the number of passenger aircraft in service with mainland carriers over the next two years. Deliveries of recently ordered A320/A321s and A340-300s will double the Airbus fleet in ...
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Cathay acts as profits continue to plunge
Paul Lewis/SINGAPORE Cathay Pacific Airways is implementing a range of measures to boost revenue and cut costs as traffic figures and projected end-of-year profits for the Hong Kong carrier continue to plummet. Its latest traffic figures show no sign of a turn-around, with a further 9.8% ...