All news – Page 6595
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News
Getting personal
A jet in every garage is still a dream, but entry-level business aircraft are becoming more affordable Over the years, a crop of start-up companies has sought to captivate the general aviation aircraft buyer with innovative personal jet designs. Few of those companies, however, have successfully crossed the threshold from ...
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Supersonic business
It is 7.00pm when the supersonic business jet returns to New York after another normal working day for its passengers. They had left just 12h earlier for a 2h meeting in Moscow and are returning in time to have dinner with their families. Tomorrow it will be Tokyo… Supersonic flight ...
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Our wacky world
Innovation is alive in Australia but some unusual designs have been confined to the drawing board Australia, the nation which brought you a flying farm-tractor called the Airtruk and a stagger-wing trainer called the Eagle, is at it again. Innovation is alive and well down under, despite market conditions ...
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In Brief
LOT qualifies for Swiss deal SAirGroup's $33.7 million purchase of a 10% stake in in the Polish flag carrier LOT was officially signed in November. The purchase will be combined with a share issue, increasing SAir's stake to 37.6%. Financial assets from the share issue, equalling close to $150 ...
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JetBlue prepares for February launch
JetBlue Airways has taken delivery of its first Airbus A320 and expects another one soon as it gears up for an early February take-off. The 10 aircraft to be delivered this year will sport three different livery patterns using various shades of blue - the favourite colour of chief executive ...
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Meridiana seeks strategic partner after labour deal
Italy's second-largest carrier, Meridiana, has appointed the UK's Lloyds Bank to advise it on seeking a European strategic airline partner. The airline's president Franco Trivi expects a deal to be agreed within six to eight months. Long-established Meridiana had run the risk of losing market share to new rivals, ...
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Peru's skies make room for another domestic starter
Yet another small airline has launched domestic flights in Peru. Aviandina, which won its operating certificate in mid-November, started flying a 10-city network from Lima the next day, using two leased Boeing 727-100s and one Boeing 737. This latest start-up brings to eight the number of local airlines scrambling ...
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Routes
Down Mexico way Continental Express, the regional subsidiary of Continental Airlines, plans to start a service from its hub at Houston's George Bush Intercontinental Airport to San Luis Potosi, Mexico, next March, subject to government approval. By adding San Luis Potosi, Continental and Continental Express will serve 18 destinations ...
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Virgin moves on Australia
DAVID KNIBB SEATTLE Richard Branson's decision to launch a low-cost domestic Australian airline is the biggest threat yet to the Qantas-Ansett duopoly During a whirlwind tour of Australia, Richard Branson announced that Virgin Australia would start mid-year with five Boeing 737s that could quickly grow. Focusing initially on the busy ...
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New Kennedy terminal opens
CAROLE SHIFRIN WASHINGTON DC The west concourse of the new Terminal 4 at New York's Kennedy International Airport is set to open this January. The development was originally scheduled to open by the end of 1999, but managers of the existing terminal and the reconstruction project decided to ...
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China tax threatens leasing company growth
A new Chinese tax on aircraft operating leases is emerging as a potential threat to leasing companies hoping to profit from expectations that China's airline industry will grow at a faster-than-average rate over the next 20 years. The new withholding tax was quietly introduced by the Chinese Government, effective ...
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China, Japan go regional
NICHOLAS IONIDES ATI/SINGAPORE After their success in the USA and Europe, regional jet aircraft makers have at long last cracked two important, but untapped, markets in Asia - China and Japan. Hainan Airlines has become China's first carrier to operate scheduled regional jet services after receiving the first of at ...
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Investors emerge for Ansett New Zealand
News Corporation's efforts to sell Ansett New Zealand may have better luck with a new group of New Zealand investors than it has had over the past 12 years with Qantas Airways. News Corp and Qantas were unable to agree on a price, and there is no assurance the ...
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In Brief
Asiana offer Asiana Airlines expects to raise 375 billion won ($325 million) through an initial public offering of 50 million shares. Shares were made available early in December ahead of a listing on South Korea's secondary Kosdaq share market at the end of the month. Public and institutional investors ...
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Chicago revisited
KAREN WALKER CHICAGO Transport ministers from around the world joined airline and industry chiefs in Chicago in December to discuss how to shed the bilateralism legacy of the historic 1944 Chicago Convention and also move beyond the current open skies regime to multilateralism. US Transportation Secretary Rodney Slater lost few ...
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Star wins battle over Canadian future
DAVID KNIBB SEATTLE Star Alliance has won the battle with oneworld for control of Canadian Airlines. Under a deal hammered out between American Airlines parent AMR and Air Canada, American will retain certain codeshare rights, but Canadian will effectively withdraw from oneworld. This ends a five-month see-saw battle in ...
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Catering - serving in the fast lane
Fast food may not be on the in-flight menu, but as consolidation takes hold of the airline catering business, speed appears to be of the essence. Last year saw a flurry of activity in the in-flight catering industry, including a host of joint ventures and two major acquisition deals. ...
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A private concern
JANE LEVERE NEW YORK Calls for privatisation of the US air traffic control system are escalating, as delays continue to worsen. The battle lines are drawn in the debate over US air traffic control (ATC) privatisation. On the one side are the heads of most major airlines, industry observers ...
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Mexico's smaller players struggle to compete
DAVID KNIBB SEATTLE Mexico's third and fourth largest airlines have both experienced problems that harm their ability to compete against the duopoly of Aeromexico and Mexicana. Taesa, Mexico's number three carrier, remains grounded for safety reasons following a fatal crash on 9 November. Mexico's communications and transport ministry says inspectors ...
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In Brief
Steeper downturn predicted The US Aerospace Industries Association (AIA) is predicting a worse downturn in sales of US civil aircraft in 2000 than had been expected. In his annual year-end review and forecast, AIA president John Douglass said sales of US civil aircraft, including engines and parts, are expected ...