All Networks news – Page 1223
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News
Bengal ceases
Aero Bengal Airlines has ceased operations. The Bangladesh airline is to return two Harbin Y-12s and an Antonov An-24 to the lessors. The Dhaka-based domestic operator is seeking new funds to relaunch services later this year. Source: Flight International
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Asian crisis will cost 150 orders in next five years, says Boeing
Kevin O'Toole/LONDON The still unfolding economic crisis in Asia has had a big impact on Boeing's latest long-term aircraft forecasts, with predictions that the regional downturn will cost 150 aircraft orders over the next five years. Prospects for the launch of a high-capacity aircraft above the 747-400 have ...
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PAL to slash aircraft fleet
Paul Lewis/SINGAPORE Philippine Airlines (PAL) is to offload 74% of its aircraft, including 15 new Airbus A330/ 340s, and will dump 68% of its international and domestic services in a bid to keep its finances afloat. Under a dramatic restructuring plan presented to the Philippine Securities and Exchange ...
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Qantas will wind down Asia routes
Qantas is to make further cuts in capacity on routes to Asia as the economic chaos takes an increasing toll on passenger numbers on certain routes. The airline is also moving to bolster services elsewhere, particularly in the Philippines, where the Australian carrier moved to double capacity following the ...
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Routes
-Peru and the USA have signed an open skies agreement to phase out flight restrictions over a period of four years for passenger services and two years for all-cargo services. From mid-June, both countries can increase weekly passenger flights from 42 to 63 (based on narrowbody aircraft). -Japan Airlines (JAL) ...
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New SAA boss Andrews ready for 'tenacious' cost-cutting
Hilka Birns/CAPE TOWN South African Airways has appointed former World Airways chief executive Coleman Andrews to restore the ailing airline to health in time for its approaching privatisation. Andrews succeeds chief executive Mike Myburgh, whose early retirement had been expected. Myburgh's deputy, John Hare, has also been axed ...
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United, Cathay gain long-range benefits
United Airlines has launched the first year-round non-stop service between Hong Kong and Chicago, benefiting from improved engine fuel efficiency and new flexible routing. At the same time, Cathay Pacific Airways is considering Boeing 747 improvements to start the first scheduled non-stop New York service in 1999. The ...
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BA Gatwick growth
British Airways says that expansion at London's Gatwick Airport over the next ten years will take its passenger numbers up by 60%, to 12 million a year, and double cargo to 400,000t annually. BA aims to add only 10 more aircraft, but expects the move to create 3,500 jobs. ...
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Engine pooling concept targets airline costs
Guy Norris/SAN DIEGO Shannon Engine Support (SES), an Irish-based company specialising in supporting the CFM International CFM56-3, is promoting a concept in which airlines will club together to create a pool of spare engines. The initiative has been prompted by estimates that the industry will have to spend $30 ...
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Ryanair announces new share offering
Irish low-fares carrier Ryanair plans a fresh share offering and a possible listing on the London stock exchange to help back its ambitious fleet and network expansion programme. Ryanair, which launched on the Dublin and US Nasdaq markets last May, says that it plans to raise another IR£50 million ...
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Difficult birth
It is difficult to think of a reason to regret the latest agreement to form a European Aviation Safety Authority (EASA). It is, alas, equally difficult to think of a single ground for optimism that the EASA's birth will be easy. European air-safety regulation, be it on certification or ...
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New Garuda boss plans to slash aircraft fleet
The Indonesian Government has appointed Robby Djohan, the new president of national carrier Garuda, as part of a shake-up of the financially stricken airline's board of directors, senior management and operations. Djohan is a relative newcomer to the airline industry, having previously headed Citibank Indonesia and Bank Negara. Observers ...
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Controlling interest
Privatising the UK's ATC service is part of a world wide move to put control of the airways on a commercial footing Having swung between ambiguity and hostility over possible privatisation of the UK National Air Traffic Services (NATS) while in opposition, the UK's Labour Government caught everybody flatfooted ...
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AirTran assures Boeing of 717 fleet intentions
Boeing's roll-out of the first 717-200 on 10 June was accompanied by public reassurances from launch customer AirTran Airlines that it still intends to buy a fleet of up to 100 aircraft. To date, the AirTran deal for 50 firm orders and 50 options makes up the bulk of the ...
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IATA seals Afghanistan deals
Paul Lewis/SINGAPORE The Afghanistan Government and national carrier Ariana Afghan Airlines have concluded a series of wide ranging agreements with the International Air Transport Association (IATA) to overhaul local air traffic communications as well as to improve aircraft and airport safety. Under an $8 million deal concluded with ...
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Air Djibouti takes A310-200 for long haul services
Airbus Industrie has placed a secondhand A310-200 with Air Djibouti, which the airline will use to relaunch operations next month. The carrier has signed a deal with Airbus' Dublin-based Financial Services (AIFS) division to lease a 14-year-old ex-Kuwait Airways A310-200, powered by Pratt & Whitney JT9D-7R4s. The 194-seater ...
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BA demands give Airbus and Boeing delivery headaches
Max Kingsley Jones/LONDON British Airways is entering final negotiations with Airbus and Boeing to acquire its new short haul fleet, but the two manufacturers are having to discuss deals with leasing companies to help them meet the airline's requirements for early delivery slots. The UK carrier is aiming ...
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Asian crisis prompts Boeing to slow production
Boeing has confirmed that production of the 747 and 777 will slow next year in response to the economic downturn in Asia. The expected axing of some 12,000 jobs is also beginning as the company overcomes the worst of its fraught production ramp-up. Boeing's official production rate announcement for ...
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Corsair moves to Airbus from all-Boeing fleet
French charter airline Corsair has confirmed its purchase of two Airbus A330-200s, with Rolls-Royce Trent 700s. The decision in favour of the European consortium was taken, says Corsair president Jacques Maillot, "-because Airbus reacted most quickly" to the request for proposals and "-presented the best financing package". The ...
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Aer Lingus wet-leases MD-11 to boost summer capacity
Aer Lingus has introduced a Boeing MD-11 on a six-month wet-lease from World Airways. The tri-jet is being used to supplement the airline's long haul fleet of Airbus A330-300s on transatlantic services during its 1998 summer season. It will be used mainly on services from Ireland to New York ...