All news – Page 7375
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Canadian pair plan shake-ups
Canada's regional carriers face a shake-up following a decision by the country's two largest airlines to consider restructuring their domestic operations. Air Canada set the ball rolling by announcing a review of operations which could lead to a restructuring of four regional carriers - Air BC, Air Ontario, ...
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Slow domestic market makes ANA look abroad for growth
All Nippon Airways (ANA) has announced plans for a large-scale expansion of its international operations over the next five years, as the carrier faces the prospect of slower growth and increased competition at home. Under ANA's mid-term 1997-2001 corporate plan, international operations will be expanded from 30% to ...
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Constellation poised to introduce A320s
Constellation International Airlines will take delivery of its first of two Airbus A320s on 13 May, becoming the first Belgian airline to operate the type. The aircraft, which will replace Boeing 727-200Advs, are being leased from International Lease Finance for $340,000 a month each, says the airline. The charter airline ...
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Sabena finally phases out DC-10s
Sabena phased out the last of its McDonnell Douglas DC-10s on 27 April, with one of two of the type leased from Lufthansa completing a service between Brussels and Chicago on 27 April. Sabena operated five of its own DC-10-30CFs from the early 1970s, but these were disposed of several ...
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Cathay's mixed fleet cuts costs of crews
Cathay Pacific Airways claims that mixed-fleet flying on its Airbus Industrie A330s and A340s has yielded crew-cost savings of up to 25%. The Hong Kong-based airline is a world leader in two-engine/four-engine mixed-fleet flying. Capt John Bent, Cathay's flying training manager (policy), says that, following the initial costs ...
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Two UK freight carriers prepare for widebodies
HeavyLift Cargo Airlines, and Hunting Cargo are working towards the introduction of widebodied freighters later this year to meet possible express-parcels carriers' requirements and their own needs. HeavyLift is finalising plans to introduce two Airbus A300B4 freighters this year, while Hunting says that it is considering the acquisition ...
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First Ilyushin Il-96T is rolled out at Voronezh
The first series production version of the Pratt & Whitney PW2000-powered Ilyushin Il-96, a-96T freighter, was rolled out at the VASO plant in Voronezh on 26 April. The Russian prime minister, Victor Chernomyrdin, attended the ceremony, stressing the political significance of the event. Twenty of the PW2337-powered aircraft ...
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Lufthansa 747 'Classic' digital cockpit retrofit is certificated
The first Boeing 747 "Classic" to be retrofitted with a digital cockpit has been certificated by the German civil aviation authority. The aircraft, an ex-United Airlines 747SPbelonging to the Brunei royal family, was modified by Lufthansa Technik in Hamburg, Germany (Flight International, 26 June-2 July, 1996). It has ...
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MEA expands Airbus fleet as 747s are sold
Middle East Airlines (MEA) is planning a major expansion of its Airbus Industrie fleet following the sale of its three ageing Boeing 747s. The three Boeing 747-200 Combis, delivered new to the airline in 1975, have been sold to the US freight airline American International Airways (AIA) for ...
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R-R will speed up Trent 8100
Rolls-Royce has reached agreement with Boeing to advance the development and certification of its planned 445kN (100,000lb)-thrust Trent 8100 growth engine by nine months, allowing the powerplant to enter service on the proposed 777-200X and -300X derivatives by 2001. The revised Trent 8100 schedule is contained in a ...
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Financial results
Company Period Net US$ mil Comp period Sales US$ mil % change Cathay Pacific Y Dec 31 492.5 385.0 4,187 6.3 China Airlines* Y Dec 31 46.6 45.0 1,887 ...
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India equity ban is shaky
The only consolation the world's air transport industry can take from New Delhi's decision to bar foreign carriers from investing in India's airlines is that the country finally has a firm policy in place. The problem is that the imminent collapse of the government could soon open up the whole ...
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Battle of wills
Washington has changed tactics on Japan. When President Clinton wrote to Prime Minister Hashimoto last September to urge that Japan and the US replace their contentious bilateral with a new open skies agreement, that represented a change of thinking in Washington. For eight years the administrations had insisted on Tokyo's ...
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Korea opens with a catch
South Korea, long considered a non-starter in US efforts to forge open skies in Asia, is hinting that it may yet join the party, but Seoul's insistence on preconditions is likely to sit awkwardly in Washington. A Korean transport ministry official says his country is willing to sign ...
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Latin cargo tempts Asia
Access to unlimited beyond rights is one of the main goals for the US in its global drive for open skies and now Asian carriers are discovering there may yet be benefits in return, in the booming Latin American cargo market at least. China Airlines will become the ...
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Lessors look to go it alone
Leading aircraft lessors are seeking outside capital in unprecedented amounts to fund their aggressive portfolio expansions. Boullioun Aviation Services typifies the new trend. In the past it would occasionally privately place part of a single plane transaction with an outside financier. Otherwise it relied on parent Sumitomo Trust ...
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LOTs of luck at third try?
The management at LOT has got its hands full. Not only is this year crucial for the third attempt at a partial sell-off but the Polish carrier is also introducing five new aircraft, resulting in the biggest single capacity hike ever. After the government blocked the first attempt ...
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When the wolf's at your door
Edward Faberman, executive director of the newly formed Air Carrier Association of America, makes an unusual Red Riding Hood, but he is certain he is looking into the eyes of cleverly disguised wolves. Faberman uses chilling language to describe the actions of the US major carriers against their ...
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MAS bids to stop malaise
Amid criticism of high debt levels and excessive ambition, Malaysia Airlines has announced the biggest capital restructuring in its history, aimed at raising US$2.2 billion for new aircraft purchases and investment at Kuala Lumpur's new airport. MAS chairman Tan Sri Tajudin Ramli, says a one-for-one bonus share issue, ...
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Eagle eyes regional jets
The long-running dispute between American Airlines management and its pilots seems likely to be resolved this month, but at a high cost to the airline. In return for compromises on the issue of regional jets, the pilots have won a wage increase that is almost double that of the previous ...