All news – Page 6999
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Yakovlev warns on Yak-52 aerobatics
YAKOVLEV HAS ISSUED a service bulletin warning owners and would-be-purchasers of the Yak-52 light aircraft that some earlier models are not fully capable of aerobatics. The Yak-52 is a radial-powered primary trainer, a tandem-seat version of the Yak-50 aerobatic aircraft. The type has been in production in Romania ...
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Aircraft news
American Eagle has ordered 42 Embraer 145s, plus 25 options, with deliveries starting in February 1998. Continental Express has converted 25 of its options for EMB.145s into firm orders. Northwest Airlines has ordered 50 Airbus A319s, with 100 options, with deliveries between 1999 and 2003. Finnair has ordered ...
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Appointments
All Nippon Airways has named Kichisaburo Nomura as president and chief executive officer and Ryogo Inoue and Hiroshi Sakabe as senior executive vice presidents. Aéropostale has nominated Jean-Marie Mariani as CEO. Daan Meyer will become executive vice president of KLMEngineering and Maintenance, and Max Rens is ...
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Suppliers
British Midland has chosen International Aero Engines' V2500 engine to power its 12 A320s and eight A321s. Airbus has chosen the Rolls-Royce Trent 500 engine to power the A340-500/600. Cathay Pacific Airways has appointed the Sabre Group and IBMas its preferred ITsuppliers for 10 years. ...
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Taiwan tie-up
McDonnell Douglas is in talks with Taiwan's Central Leasing Corp., to set up an $18 billion joint venture leasing company with a portfolio of up to 200 MDC narrowbodies. MDC and its local partner envisage both taking 20 per cent stakes in the venture. Boeing held talks with Taiwan Aerospace ...
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China equality
Beijing removed the surcharge on domestic air fares for foreigners in June to bring rates in line with normal Chinese fares. The move aims to promote tourism and prepare for entry to the WTO. Source: Airline Business
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Out of Africa
Japan Airlines and South African Airways have signed a codeshare deal, which will see the Japanese carrier put its designator on twice-weekly SAA services between Osaka/Kansai and Johannesburg via Bangkok from October. Source: Airline Business
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AIA is born
Airbus and Alenia have formalised the creation of Airbus Industrie Asia. Airbus will hold 62 per cent and Alenia 38 per cent of the joint stock company, which will represent the European interests in the 100-seater AE316/317 project with China and Singapore. Source: Airline Business
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More A340s
Airbus has launched two derivatives of the A340-300: the higher capacity -600 and the extended range -500. Entry into service for both versions is 2002. Source: Airline Business
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Air jets off
French independent Air Jet, which pioneered ticketless travel in Europe, has ceased scheduled operations and withdrawn from its solitary route, from Paris/Charles de Gaulle to London/City. Air Jet will continue to operate in the charter sector. Source: Airline Business
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Canadian credit
Canadian Airlines has reached an agreement with its creditors to defer $123 million in debt and lease payments that were due by 29 May, and has begun a normal payment schedule. Source: Airline Business
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Laker sues BA
Laker Airways has filed an antitrust lawsuit against British Airways in the US, alleging exclusionary tactics by the UK major. The US startup claims that BA controls the slot allocation committee at London/ Gatwick, which denies Laker a 'fair opportunity to compete on Miami-London'. The suit also says that Laker ...
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Micro control
Continental Airlines has bought back the outstanding 9 per cent stake in subsidiary Continental Micronesia for $73 million, to take its holding up to 100 per cent. Source: Airline Business
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Paris terminal
The new French government has suspended construction of two extra runways at Paris/Charles de Gaulle, following traffic noise concerns. The runways are vital for Air France's expansion at its main hub, which is close to its capacity limit. Source: Airline Business
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German holding
British Airwaysnow owns 65 per cent of its German subsidiary, Deutsche BA, after buying Bayerischen Vereinsbank's 16 per cent stake in July. Source: Airline Business
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Rule Britannia
Britannia Airways has become the first foreign carrier to enter the high-yielding German charter market by setting up subsidiary Britannia Airways GmbH. The carrier will operate two B767-300ERs from May 1998 for tour operator FTi. Source: Airline Business
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Little moves on US-Japan
Alliance plans appear to have led to a softening of United Airlines' stance towards US bilateral talks with Japan, but there is little progress on open skies talks with the UK. Formal bilateral negotiations between Japan and the US resumed in July, with Tokyo still rejecting the prospect ...
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Virgin leaves Sun's orbit
In a surprise move, Virgin Atlantic Airways has opted out of the bidding for a stake in its current South African partner Sun Air, and has set its sights on the biggest fish of all, South African Airways. Virgin's withdrawal from the sale of state-owned Sun Air means ...
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US starts up merge mania
Low-fare, low-cost startups on both the east and west coasts of the US are seeking critical mass through mergers in their struggle for survival. On the east coast, ValuJet's mid-July merger with Airways Corporation allows the Atlanta-based airline to obtain critical mass without technically infringing the growth restrictions ...
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AA set to win Latin stake?
Victory appeared close for American Airlines at presstime in its bid to capture a stake in Aerolineas Argentinas. Although American was making no comment and Continental Airlines, the other bidder, said it had not been informed of any decision, well informed sources in the US were saying that ...