All news – Page 6741
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Iberia Airbus order
Iberia has firmed up an order for 31 Airbus A320s and 19 A321s, all powered by CFM56s, with options for 26 A320 family aircraft. Deliveries will begin in the second quarter of 1999 and will be completed by 2004, replacing ageing DC-9s and 727s. Source: Flight International
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European growth
European passenger traffic growth in April returned to double figures after a brief slump to 6%in March, according to the Association of European Airlines (AEA). The AEA attributes the dip to "-the date of the Easter holiday distorting the monthly growth trend". This year's figures show a 10.7% increase on ...
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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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CAG secures its first order for Y-12 Twin Panda
Harbin Aircraft Manufacturing will deliver its first Y-12(IV) Twin Panda turboprop airframe to the Canadian Aerospace Group (CAG) in August for final completion and supplementary type certification, before delivery to a US customer in March 1999. CAG says it has secured the first order for two Y-12s from an ...
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Growing DeCrane buys up specialist Avtech
Fast-growing US aerospace group DeCrane Aircraft is continuing on the acquisition trail with a deal to buy Avtech, a Seattle-based electronic systems specialist, for $83 million. Chairman Jack DeCrane says the purchase should take the group's sales above $200 million next year. Avtech supplies a range of communication, power and ...
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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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Jordanian profits
Royal Jordanian trebled its operating profits to $12 million last year, thanks to cost-cutting measures. The rise in sales amounted to just 1%. Passenger traffic grew by 4.7%, although figures for cargo fell by 3% after the withdrawal of one of the airline's freighters. Source: Flight International
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Russia will tighten import rules
The Russian Government is drafting new proposals which would tighten up the rules on tax exemptions granted for imported aircraft. The proposed government order, which is now at draft stage, is designed to protect the country's own struggling aircraft manufacturing industry. The measures would effectively mean that a domestic ...
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Frontier sees profits return during March
Reflecting a more upbeat mood among the US low-cost carriers, Frontier Airlines says it turned in a profit for March, helped by the demise of Western Pacific which had "saturated" the Denver market with heavy fares discounts. Although Frontier posted an increased $18 million loss overall for its 1997/8 ...
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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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Sextant/Dassault agree new venture
Julian Moxon/PARIS Sextant Avionique and Dassault Electronique have agreed details of their new joint venture, which will operate under the name CNS Avionics within a French GIE structure similar to the consortium arrangement used for Airbus Industrie. The two companies will continue to market their own avionics lines, ...
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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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Dasa prepares to give go ahead for EF2000 simulator battle
Andrzej Jeziorski/MUNICH Daimler-Benz Aerospace (Dasa) is planning to issue requests for quotations (RFQs) on the Eurofighter EF2000 aircrew synthetic training aids (ASTA) package by the end of this year. Dasa has project authority on the programme, and issued requests for information (RFIs) last year to European and US ...