All Networks news – Page 1377
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FedEx moves to limit effects of pilots' action
US EXPRESS-PACKAGE carrier FedEx has wet-leased seven Boeing 727-200F freighters from Express One International, as a contingency in case industrial action by its pilots disrupts services in the build-up to the busy Christmas season. FedEx pilots stopped flying on their days off after contract talks with the carrier broke down ...
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FAA safety ratings sting Latin American/Caribbean carriers
SANCTIONS HAVE begun to bite at airlines in Latin American and Caribbean countries judged by the US Federal Aviation Administration to have inadequate safety oversights. An increasing number of carriers has been unable to put aircraft into service because bilateral agreements have been frozen by the USA until their safety ...
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Finnair maintains strong position
THE FINNAIR GROUP continued its impressive performance improvement in the six months to the end of September. Compared to the same first-half period of 1994, Finnair made a FIM462 million ($110 million) profit before reserves and taxes, against FIM298 million. Turnover increased by 7.7% to FIM3.6 billion, while ...
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Lufthansa posts profits despite continued exchange-rate trials
Andrzej Jeziorski/MUNICH LUFTHANSA achieved a growth in profits for the first nine months of 1995, despite the massive exchange-rate losses which have blighted German industry all year. The German airline's pre-tax profits, before special items, showed a modest DM4 million ($2.9 million) improvement on the corresponding ...
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New direction for East West
EAST WEST AIRLINES, India's largest private airline, has received Government permission to import four Boeing 737-400s to meet demand for more capacity into Bombay and to service a new Delhi-Hyderabad route. The 737-400s are expected to be leased from Malaysia Airlines. Two are scheduled for delivery in December, ...
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HAECO teams with Rolls-Royce
Paul Lewis/SINGAPORE HONG KONG AIRCRAFT Engineering (HAECO) is to hive off its engine-overhaul business to a new 50:50 joint-venture company to be formed in partnership with Rolls-Royce Aero Engine services. Hong Kong Aero Engine Services (HAESL) is expected to begin operations from I January, 1997. HAECO ...
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Strike pressure builds as Boeing deliveries slip
Guy Norris/LOSANGELES PRESSURE IS MOUNTING on Boeing to settle with striking workers, as the production backlog begins to build up and deliveries slow to a trickle. Boeing managed to deliver 11 aircraft in November and 14 in October despite the strike by 32,000 machinists and aerospace ...
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McDonnell Douglas flies first Super Hornet
MCDONNELL DOUGLAS (MDC) flew the first F-18E Super Hornet on 29 November, two days ahead of schedule. The first flight, from St Louis Lambert International Airport, was cut short when an environmental control-system warning light illuminated, but the aircraft "...was smooth, precise and easy to control", according to project pilot ...
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Jamaica jets on
Recently privatised Air Jamaica has taken delivery of the first of six former Delta A310s on lease from Airbus and plans to acquire six A320s in a major capacity increase. The carrier has also bought 80 per cent of regional carrier Trans Jamaica for $3.4 million. Meanwhile, BWIA is re-evaluating ...
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Seoul space
Korean Air and Asiana are to lose their respective monopolies on Seoul-Sydney and Seoul-Saipan, following a Ministry of Transport decision that it will 'double-track' the routes. Meanwhile North Korea has tentatively agreed to allow Delta and Northwest to use its airspace on flights between the US and South Korea. This ...
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French Mex deal
Air France and Aeromexico have signed a block space and codeshare deal, allowing the French flag to sell seats on Aeromexico's three weekly flights from Paris to Cancun. In exchange the Mexican carrier can offer seats on Air France's five weekly Paris-Mexico City services, strengthening the ties between the two ...
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Minnow trouble
EuroBelgian Airlines has complained to the European Commission about Belgium's alleged failure to open up flights to Switzerland. Ryanair's UK-based operation hit trouble when the UK authorities ruled that it could not wetlease an aircraft to GB Airways for the operation. Short-term clearance was given for Ryanair to operate the ...
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Flowers of Asia
Asia-Pacific is awash with new startups and domestic carriers expanding off shore. Tom Ballantyne looks at how big a threat they are to the region's majors.They are like bees attracted to the honey pot, says one executive from a major Asian airline of the rash of new startups swarming to ...
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Going to market
Airport marketing is coming of age, as airports work harder to attract new airlines, new routes and new hub operations. Richard Whitaker reports from the recent route development conference in Cannes. Airports represent the last industry to discover marketing. So says Mike Howarth of Airport Strategy and Marketing which, along ...
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California hotshots
Southwest is again taking the initiative in the US's most densely travelled market, while the performance of Shuttle by United remains unclear. Jane Levere reports. The fireworks that many expected to ignite in October 1994, when Shuttle by United first invaded Southwest's territory on the US west coast, have been ...
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Brave new shoots
The emergence of a new generation of start up carriers in Europe has finally begun. Sara Guild talks to some of the new players and examines their strategies for survival.It's a bit like attending the Academy Awards and not knowing when the envelopes will be opened. European aviation has been ...
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Financial results
Alaska Airline's cost per ASM dropped 5.5% from 1994 to 7.5 cents. But load factors were down 1.3 points on 1994 and yield decreased 1.7%. ANA's cost cutting showed benefits as expenses rose only 5%. International traffic rose 28.1% due to the strong yen. America West's ...
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Asian Express
After a bitter defeat in Europe three years ago, Federal Express is now taking on Asia to compensate for declining yields at home and develop high yield premium international business. By Mead Jennings.Fred Smith, founder and CEO of Federal Express Corporation, has never had trouble thinking about the big picture. ...
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LAB expands Vasp empire
Vasp's $47.5 million purchase of 49 per cent of LAB effectively gives it control over the Bolivian flag carrier, which will use the proceeds for internal development as well as to form an alliance with Vasp and its other recent acquisition, Ecuatoriana. Part of the Bolivian government's 51 ...
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Chan chops
The entire National Airline Commission in charge of Air Niugini has been sacked by Papua New Guinea's prime minister Sir Julius Chan. His action came after NAC acting chairman Mike Bromley warned the carrier was approaching financial collapse due to government actions. Sir Julius, whose own airline Islands Transair competes ...