All news – Page 7430
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Loan to Mandalay
The Export-Import Bank of Thailand has agreed to loan Myanmar US$150 million to finance its new international airport at Mandalay, despite fears over the plan's viability and the country's ability to repay the debt. The contract to build the terminal was won by Thailand's biggest construction company, Italian-Thai. ...
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More space for control
Airspace capacity in Europe will increase with the release of military areas for civil use, but airlines must adopt a more flexible approach to flight planning if they are to make the most of it, says Eurocontrol. On 28 March a new policy adopted by all European Civil ...
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Nigeria hit by the privates
Two Nigerian domestic independents have teamed up with other African west coast partners to circumvent Nigeria Airways' dominance of international route rights and are establishing themselves as regional players. Late in 1995, Bellview Airlines decided to follow the route of ADC Airlines in forming a subsidiary that was ...
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HK airport could boost China links
The clock is ticking ever more speedily towards the mainland Chinese takeover of Hong Kong, Britain's last capitalist outpost in the Pacific. With just over a year to go until the Union Jack is lowered on 30 June 1997, there is intense jockeying for political and economic influence in the ...
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Sparks fly in India pay row
Air India is facing further disruption to its services as ground engineers vow to continue their walkout action in a bid to put their salaries on a level with pilots and flight engineers, while management is retaliating by threatening a lockout at the flag carrier. A strike call ...
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East West in US deadlock
The vagaries of the youthful private Indian aviation sector are starting to manifest themselves in the courts, as the number of cases of litigation against the independents by foreign lessors starts to rise. The most prominent case that has come to court is between East West Airlines and ...
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Is it just pie in the sky?
When an airline can save $1.5 million a year by serving salads without a lettuce liner which nobody eats anyway, you know that cost-cutting has begun to bite. These days, catering represents quite a dilemma for airlines. The marketeers say food remains a way for airlines to differentiate ...
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Maersk jets in at double
Danish independent Maersk Air is doubling the capacity on its European network as it experiences a dramatic surge in international traffic. The carrier currently operates 19 B737s on scheduled services and is adding six B737-500s this year and 12 B737-700s from October 1997. These aircraft are coming in ...
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Startup hits Denver hub
After an astounding growth spurt, US startup Western Pacific Airlines is slowing down to consolidate its network spanning 19 cities centred on Colorado Springs, up from five cities when service began a year ago. Though not yet profitable, the airline has boarded 1 million passengers since its first flight, and ...
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All a matter of control
We were very interested in the article 'Planners in control' (Airline Business, April). Our research institute has recognised the inefficiency of financial tools for correcting errors in an airline's processes, and in 1994 we released our Business Economics Assessment Method (Beam) process control method. We believe this is the new ...
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UAL told to leave JAL be
No sooner did Tokyo and Washington settle cargo differences than another dispute flared up that could escalate unless the US accepts Northwest's arguments in defence of Japan Airlines. In a key move, Northwest has criticised United Airlines for provoking an unnecessary dispute with its hardball stance on rights beyond Japan. ...
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Big four split over labour
In their talks with labour unions, four US majors are achieving widely divergent results. FedEx and Delta have resolved protracted negotiations with their pilots. However, American Airlines is still deadlocked with its pilots after almost two years of talks. United Airlines' flight attendants have narrowly defeated a new contract with ...
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Sale to new World order
In a bid to get out of the airline business, WorldCorp is hoping to sell its 59 per cent stake in World Airways and concentrate on its computer business. 'Our parent company has basically taken the lead of its main shareholder group [which wants] to position WorldCorp as ...
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Chill winds hit Geneva
Political niceties have given way to economic realities as Swissair concentrates its longhaul activities in Zürich, moving several international destinations from Geneva. 'There is a change in the economic environment in this business and we are no longer in a position to pay attention to political considerations,' says Martin Bisang, ...
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US smarts at Euro success
The European aerospace industry is flexing its muscles in the wake of the Fokker collapse with an apparent double success in China and the emergence of a real challenge to the monopoly of the B747. Equally significant, the Dutch manufacturer may yet see in 1997, as it continues the search ...
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Going, going . . .
EuroBelgian Airlines' owners NEI and City Hotels have agreed to sell 90 per cent of the shares to Virgin European Airways subject to due diligence and approval from the Belgian competition authorities. Approval was due on 30 April. Reports suggest Virgin will pay $60 million for the stake. ...
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UK minnows challenge BA
British Airways is facing a double dose of action under European legislation from two of its UK rivals. In a case due before the UK High Court in mid-April, Air UK is suing BA for planning four daily services between London/Gatwick and Edinburgh. Air UK refuses to comment ...
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Hole in the budget layer
NASA's efforts to demonstrate the USA's commitment to the worldwide effort to monitor the Earth's environment are under threat. Tim Furniss/GREENBELT, MARYLAND SINCE 1992, NASA'S EARTH Observing System (EOS) programme has had its $16 billion budget to the year 2000 cut by 50%. A further ...
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Urgency mounts for Alitalia state cash as losses grow
Kevin O'Toole/LONDON THE FULL EXTENT of Alitalia's losing battle with its massive debts became clear as the group revealed further losses for 1995. The extent of the deficit makes an injection of fresh capital essential if the airline is to continue operating. Although the group's headline loss was held to ...
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Japanese Boost
The Society of Japanese Aerospace (SJAC) is projecting a turnaround in sales for its 28 member companies for the first time in four years. The organisation is forecasting an increase of 2.3% to '786.2 billion ($7.28 billion) by the end of fiscal year 1996. Turnover in 1995 fell by 5.2%, ...