All Networks news – Page 1196
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News
Airports
-The long-awaited start of construction of the Guangzhou New Airport in China has moved closer with the award of the initial design contract for the passenger terminal to Parsons Greiner of the USA. The deal, worth about $10 million, represents one of the first significant contracts to be awarded since ...
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British Midland goes regional with ERJ-145s
Max Kingsley-Jones/LONDON British Midland (BM) has confirmed its expected move into regional jet operations, with a $200 million order for up to 15 Embraer RJ-145s. The airline, however, has not yet finalised its fleet plans for long haul aircraft, but has held delivery positions with Airbus Industrie and Boeing ...
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China Airlines shares will go on the market
Taiwan's state-controlled China Aviation Development Foundation (CADF) has approved the proposed sale of half of its 71% majority stake in China Airlines (CAL) to yet to be identified local or foreign investors. CADF plans to reduce its holding in CAL to 35.5%, as part of a move to revamp ...
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Boeing's Mulally details 'better plan' for profits
Andrew Doyle/SEATTLE New Boeing Commercial Airplanes president, Alan Mulally, has pledged to get the manufacturer's troubled airliner production lines back on track within the next 12 months as part of what he calls his "better plan" for restoring the company's flagging profitability. Mulally, brought in to replace Ron Woodard, ...
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Royal Brunei is forced to delay A319s by new management
Paul Lewis/SINGAPORE Royal Brunei Airlines (RBA) has been forced to postpone taking delivery of two Airbus A319s in the wake of a senior management shake-up within the company, and after having failed to meet payment deadlines to the manufacturer. RBA had been scheduled to take delivery of the ...
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Routes
-Dutch carrier Transavia is to become the first non-Greek airline to operate scheduled domestic services between Greek territories when, from 2 November this year to 27 March 1999, it sets up flights between Rhodes and Heraklion, Crete. -Martinair Cargo will increase both routes and capacity in the Latin American region ...
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Financial troubles force Transaero to cut back
Paul Duffy/MOSCOW Transaero, Russia 's third largest carrier, has scaled back its operations by about 30%, with further reductions expected to follow in the face of continuing financial problems at the airline and the worsening domestic economy. Among the first services to be dropped are flights on the Moscow-Riga-London ...
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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 ...