All news – Page 6723
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Paris Order Book
Airbus and Boeing combined sales announced during the Paris Air Show totalled $8.9 billion in firm orders. Airbus' total was for 93 aircraft worth $4 billion and Boeing's was 72 aircraft worth $4.9 billion. International Lease Finance Corp was a big buyer during the show, with an order for 60 ...
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Boeing doubts demand
Boeing is raising further doubts over likely demand for a new airliner in the class above 400 seats. At the Paris air show, Randy Baseler, vice-president marketing, said that Boeing sees only 80 deliveries of such aircraft over the next decade. The number rises to 360 over the next 20 ...
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Regional Certifications
Embraer's smallest regional jet, the 37-seater ERJ-135, has gained Brazilian certification and expects the FAA to follow suit by the time deliveries begin in July, to American Eagle and Continental Express. Bombardier, meanwhile, has gained Canadian certification for its Q400 turboprop, with FAA certification expected in July. Horizon Air is ...
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Northwest Firms Options
Northwest Airlines has converted 30 options on Airbus A320 family aircraft to firm orders. Deliveries will take place between 2002 and 2004 on 18 A319s and 12 A320s. Northwest, which was the US launch customer for the A320 at the Paris air show two years ago, has received 70 of ...
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Routes
KLM/Alitalia's Latin rejig - Alliance partners KLM and Alitalia are reorganising their networks to Latin America. For summer 2000, KLM will replace indirect flights between Amsterdam and Sao Paulo and Buenos Aires with direct services, while dropping its Rio de Janeiro service in favour of Alitalia, which flies there five ...
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Orders pass the peak
Alan Mulally, president of the Boeing Commercial Airplanes Group, conceded at the Paris air show that he expects the value of airliner orders this year to be at only 60-70% of 1998 levels and stay at around that mark in 2000. Initially, confusion reigned as journalists understood him to have ...
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The tie that binds
The game is far from over for the global airline grouping, as Delta's deal with Air France demonstrates. But if there is more realignment to come, the SAirGroup is putting its trust in old-fashioned equity. The course of love never did run smooth. Neither, it seems, do the course ...
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USA and UK revisit open skies talks
Talks on a new US-UK liberalised aviation bilateral agreement are due to resume at the start of July, but the hosts in Washington DC remain cautious about the likely outcome of this latest round. Talks were set to restart in mid-June but were cancelled by the UK Government, which said ...
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SAir reacts to Air France/Delta
The official confirmation of Air France's alliance with Delta Air Lines has provoked a sudden burst of activity from the US carrier's existing European partner Swissair. That included the announcement of plans to accelerate moves towards a "merger" with Sabena. Delta and Air France say that their deal, which ...
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Flying out of control
After years of restraint, carriers in Europe appear once more to be raising capacity faster than underlying demand. Yields have already come under pressure and the leading industry indicators being monitored by Airline Business and Commerzbank suggest that there could be worse to come. Last year it seemed that the ...
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Mixed results from Asia-Pacific
Year-end results for Asia-Pacific's airline groups were not universally bad but the struggle is not over yet. Asia-Pacific airline executives many well remember 1998 as the year of red ink. And for the region as a whole, it was certainly the toughest in recent memory. But as the year-end financial ...
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Delta defers 777s as pilots pay protest proves costly
Delta Air Lines has deferred delivery of its remaining Boeing 777s on order and has decided to sell or lease two already in operation. The airline blames an ongoing dispute with its pilots and cites their failure to accept new pay rates and work rules for the aircraft type. ...
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USA offers extra-bilateral rights via Alaska
David Knibb/SEATTLE Washington is offering almost any foreign airline the right to serve the USA without regard to existing bilateral rights so long as that airline will stop in Alaska. Foreign carriers serving the USA may add Alaska as a co-terminal point on existing US routes or launch ...
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Mexicana to be 'Starlet'
David knibb/ SEATTLE Mexicana is due to launch a new tier of membership within the Star Alliance if, as expected, it signs up as a member of the global grouping this month. According to sources within Star, while the Mexican carrier will behave externally as any other partner, internally ...
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WestJet plans to go public
WestJet, Canada's only successful start-up airline, plans to raise capital and broaden its ownership base with an initial public offering (IPO). The Calgary-based carrier has lodged its draft prospectus with securities commissions in each of Canada's provinces and hopes to launch its IPO in the next few months. ...
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French gamble on growth
Are Air France's fortunes looking up? Strong fourth quarter performance partially compensated for the pilots strike of mid-1998, limiting the damage to a 11% drop in profits. Higher load factors, meanwhile, have been aided by transatlantic codeshares and the its expanding Charles de Gaulle hub. The carrier has ...
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Fragmented ATC blamed for delays
Peter Bennet/VIENNA Europe's fragmented air traffic control (ATC) system is to blame for record breaking delays in Europe's airline industry, according to the Association of European Airlines (AEA). March was the worst month on record for punctuality, with more than a third of intra-European departures delayed, according to AEA ...
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Alliances battle over LOT and Malev
Peter Bennett/VIENNA British Airways could be thwarted in its ambitions to buy an equity stake in Poland's LOT and Hungary's Malév, following better offers from Star Alliance and the Qualiflyer Group. British Airways was favourite to take a 38% equity stake in Lot, but relations between the two have deteriorated. ...
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Lack of interest stalls sell-offs
Despite renewed efforts at privatisation, airline sell-offs in the eastern Europe continue to be dogged by a lack of political will and scant interest from Western foreign investors. The Romanian Government is to begin searching for investors to buy a majority stake in its national carrier Tarom. ...