All Networks news – Page 1299

  • News

    PIA hunts for strategic investor

    1997-04-02T00:00:00Z

    Pakistan has kicked off the search for a strategic airline-investor in Pakistan International Airlines (PIA) as the first move towards a re-capitalisation and further privatisation of the state-controlled carrier over the next 12 months. In mid-March, Pakistan's Privatisation Commission issued a tender, asking for bids from financial advisory ...

  • News

    Fool's language

    1997-04-02T00:00:00Z

    ALL FOOLS' DAY (1 APRIL) should have been the date by which all the nations of Europe were finally working to a single set of rules for the operation of airliners - JAR-OPS. It wasn't. Part of the reason is that some nations are just not very advanced in implementing ...

  • News

    A340-600 engine decision due in June

    1997-04-02T00:00:00Z

    Airbus Industrie is aiming to have secured agreements on a powerplant for its stretched, longer-range, A340-500/600 programme by the time of the Paris air show in June, and has apparently not ruled out offering an engine selection on the aircraft. The European manufacturer had been discussing an exclusive ...

  • News

    Air China looks to build on initial 777 order

    1997-04-02T00:00:00Z

    Boeing hopes that the planned visit to the USA of Chinese president Jiang Zemin later this year will clear the way for Air China to order its remaining Boeing 777s, following its confirmation of an order for an initial five. After nearly two years of delay, the Chinese ...

  • News

    North Korea to stay off-limits for US carriers

    1997-04-02T00:00:00Z

    US airlines will be banned from North Korean national airspace even when an International Civil Aviation Organisation (ICAO) agreement has opened the Pyongyang Flight Information Region (FIR) to international traffic, the US Federal Aviation Administration says. The FAA ruling (Special Federal Aviation Regulation No.79) clarifies US policy during ...

  • News

    Large aircraft: Airbus v Boeing...

    1997-04-02T00:00:00Z

    Sir - Your discussion of the different results from Airbus and Boeing for new large aircraft assumes that the fall in the size of aircraft flying over the North Atlantic is demand-led (Flight International, 19-25 March, P29). Could I suggest that US airlines' balance sheets a few years ...

  • News

    BA plans for 'shell company'face opposition from USA

    1997-04-02T00:00:00Z

    PLANS BY British Airways to use Airline Management (AML), a start-up company, to take on tourist routes from London Gatwick to San Juan, Puerto Rico and Tampa, Florida, have run into opposition in the USA, with claims that AML is being set up as a "shell" company without its own ...

  • News

    SA floats Sun Air with...

    1997-04-02T00:00:00Z

    South Africa has launched the privatisation of regional carrier Sun Air, giving the opportunity for a foreign airline partner to take a share of up to 49%. Prospective buyers are being asked to register their interest by 10 April, says NatWest Markets, the UK investment bank which is ...

  • News

    ICO diputes TRW patent claims

    1997-04-02T00:00:00Z

    ICO Global Communications is to campaign to invalidate patents granted to TRW, to protect the "exclusivity" of the US company's "invention" of a satellite system operating in medium-Earth orbit (MEO), to provide global communications to hand-held terminals via ground stations. Following the receipt of three US and two ...

  • News

    Special relation

    1997-04-02T00:00:00Z

    Rolls-Royce executives have often been heard to remark that, when it comes to selling engines in Asia, there is, arguably, no better sales tool than Hong Kong's Cathay Pacific Airways. The unique relationship which the engine manufacturer has with the Swire Group's airline operation is about to be strengthened further ...

  • News

    Airline News

    1997-04-01T00:00:00Z

    Delta Air Lines is to start codesharing on Aeromexico flights to six Mexican cities from New York/JFK ,Los Angeles, Miami, Houston and Dallas-Fort Worth. Aeromexico will buy seats on Delta flights from Atlanta to Frankfurt, Washington/Dulles, Philadelphia and Detroit and from Dallas-Fort Worth to Boston. Delta was also to add ...

  • News

    Airbus and Boeing agree to differ

    1997-04-01T00:00:00Z

    It's time once again to upgrade airline and aerospace industry filing systems, as extra cupboards and stronger shelving are pressed into service. Yes, the forecast season is with us again. Every day, a new volume arrives, to be scanned before being filed away to gather dust until data is required ...

  • News

    Data

    1997-04-01T00:00:00Z

    Company Period Net US$ mil Comp period Sales US$ mil % change Air Canada Y Dec 31 109.3 45.2 3,578 9.0 Atlas Air Y Dec 31 37.8 17.8 316 84.3 Braathens Safe Y Dec 31 13.5 32.4 692 8.4 British Airways 3Q ...

  • News

    Hawaii high-low

    1997-04-01T00:00:00Z

    One year after its latest rescue, Hawaiian Airlines appears to have broken its pattern of successive, but unsuccessful fixes and seems to be stronger than ever. Yet the carrier is still vulnerable. Report by David Knibb. First it was a Japan Airlines subsidiary taking a stake to help Hawaiian buy ...

  • News

    Haneda slot handout fails

    1997-04-01T00:00:00Z

    Japan's transportation ministry distribution of the 40 long-awaited roundtrip slots at Tokyo/Haneda has disappointed the country's prospective startups and cast doubts over the government's desire to further competition. The handful of ambitious new startups, which had hoped to win enough slots to make their discount operations viable, are ...

  • News

    US head for Lufthansa

    1997-04-01T00:00:00Z

    Lufthansa is searching for a second Asian partner but the airline's new president and chief operating officer, Frederick Reid, says he remains committed to the relationship with struggling Thai Airways International. Further development of 'a highly developed alliance system' is one of the three issues Reid identified as ...

  • News

    Happy families?

    1997-04-01T00:00:00Z

    The debate in the aerospace industry over future product lines is sharply focused on the two extremes - the regional jet and the 'superjumbo'. Karen Walker looks ahead as the manufacturers vie to fill the gaps in the market, and Mark Odell presents a summary of current and planned jets. ...

  • News

    Too few sales but lots of potential

    1997-04-01T00:00:00Z

    Despite much recent fanfare about airline participation in the online revolution, ticket-selling on the Internet is still a relatively rare phenomenon and has yet to have much positive impact on carriers' bottom lines. But its potential is undisputed and airlines uniformly consider their experience to be an invaluable education about ...

  • News

    PAL secures capital boost

    1997-04-01T00:00:00Z

    Things are starting to happen fast at Philippine Airlines. The carrier is set to increase its capital four-fold in less than a year, a move that should help PAL finance its fleet renewal and also strengthen chairman Lucio Tan's control. Tan successfully ended a boardroom struggle last September ...

  • News

    Forget Paris

    1997-04-01T00:00:00Z

    While other French carriers are dragged in to the vortex of troubles affecting the French airline industry, Régional Airlines has found a successful niche on the sidelines and is expanding it. Lois Jones reports. At the sight of a fight some people bare their fists; others walk away. While TAT, ...