All news – Page 7627
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FAA issues TriStar AD
An emergency airworthiness-directive (AD), requiring checks for cracks or breaks in Lockheed L-1011 TriStar aft pressure-bulkhead stringer fittings, was issued by the US Federal Aviation Administration on 29 August, after the sudden depressurisation of a Delta Air Lines L-1011-1 over the Pacific, en route Los Angeles to Hawaii on 23 ...
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Lifeline for USAfrica?
Just when World Airways thought it was safe to file for US-South Africa traffic rights held by bankrupt and grounded airline USAfrica, along came Continental Airlines. The Houston carrier has given the international startup with clipped wings a lease of life - if it can find the financing and convince ...
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Suppliers
Pratt & Whitney's PW4168 has received its 180 minute Etops approval for the A330. Shannon Aerospace has secured business as the primary facility for Lufthansa Technik and Swissair for the overhaul of the B737, B757 and MD-80 aircraft. Heavy maintenance work will increase at Shannon, which will also ...
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Aircraft news
IFLC has ordered 54 Boeing 737s - a mix of -600s, -700s and -800s. Deliveries will begin in November 1997 and extend to 2004. Elsewhere LOT Polish Airlines has ordered a B737-400 to add to its 11 strong fleet. Aeroflot plans to operate a second DC-10 freighter by ...
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Appointments
Daniel Garton has been appointed as president of AMR Eagle. Garton leaves his position as chief financial officer and senior vice president of Continental Airlines. Boonie Soodik has been named vice president general manager quality for Douglas Aircraft. Richard Smallwood has been named as successor to ...
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Airports
Belfast City Airport's bid to take over Belfast International Airport has been referred to the UK Monopolies and Mergers Commission. National Express, a coach company which owns East Midlands Airport in the UK, has bid for control of Birmingham International Airport. Liverpool Airport has received a ...
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ATC news
An advertisement published in recent editions of this magazine included a misleading reference to the status of a newsletter entitled ATC News. We have been assured that ATC News continues to thrive and has a growing international reputation. We regret any misunderstanding and apologise for any suggestion to the contrary. ...
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Quick package
The US bankruptcy court has confirmed TWA's prepackaged reorganisation plan which was scheduled to go into effect from mid-August, cutting the airline's debt by some $500 million. The process went more quickly than during the previous filing in 1992, because the latter was not prepackaged. Source: ...
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Bound to handle
Frankfurt Airport says it has bound 70 per cent of its ground handling business into 10 year contracts, which will remain valid after European-wide deregulation of the sector, which could start as early as 1996. Lufthansa has signed up, taking advantage of the 'attractive options'. Similar offers are being made ...
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ANA qualifies
ANA became the 14th member of Qualiflyer, Swissair and Austrian Airlines' FFP, from 1 September. Source: Airline Business
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EVA's fifth
EVA Air is to use fifth freedom rights to serve Auckland, New Zealand via Brisbane from its home base of Taipei. The once weekly flight will use a Boeing 767-300ER. Source: Airline Business
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World united
In mid December United Airlines will launch the first round-the-world service since Pan Am in 1982. It will link Los Angeles, New York, London, Delhi and Hong Kong. Delhi is a new point of service for United, though the carrier has held dormant rights since it bought Pan Am's Asian ...
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US-UK bilateral
The US-UK bilateral talks have moved forward with London offering three new Heathrow routes and limited access for two new US carriers. US carriers at Gatwick can also move one flight to Heathrow. The UK wants full access for its carriers to Fly America traffic, to which it now has ...
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Mexican boost
Aeromexico completed a $530 million recapitalisation programme and exchanged $137.5 million in current Eurobonds for new five-year debt. The restructuring may precede the sale of the carrier by its bank creditors. Sister carrier Mexicana reported a $2.5 million profit for the first half of 1995. Source: ...
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Airline Business 100 - 1995
Rank Airline Revenue US$M OpResult US$M NetResult US$M net margin % fleet Total emps Revenue Tonne kilometres (mil) Revenue Pax km Pax millions Load Factor % Year End 94 93 Pax ...
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The strong performers
As more and more airports become profit-driven there is a greater demand for productivity comparisons. Andrew Lobbenberg and Anne Graham present an analysis of 25 European airports.Many European airports have been transformed over the past 10 years. As a sector they have changed from government utilities into a dynamic commercially ...
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Western rethink
After a few early failures, potential western investors are again showing an interest in FSU aviation. But a more upbeat view of future traffic growth is needed. Colin Smith reports.More than three years have elapsed since the demise of the Former Soviet Union (FSU) and the ensuing disintegration of the ...
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Many happy returns
After keen investor interest, Australian flag Qantas was all set to become fully traded on the stock exchange from 31 July, and under immediate intense pressure to provide the projected return on investment. Tom Ballantyne reports.As Qantas began its first twelve months as the world's most recently privatised airline in ...
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Big brother blues
With the collapse of negotiations to buy a stake in Ansett Australia and the future of the single Australasian marlket still hanging in the balance, Air New Zealand must continue to focus on cost control and selective expansion. Report by Tom Ballantyne.Air New Zealand managers like to say the carrier ...
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The great Gats
Despite the complexities, experience with the Gats in aviation so far shows it should not be written off as a vehicle for multilateral liberalisation. Ron Katz reports. The General Agreement on Trade in Services (Gats) and its annex on air transport services came into force for the majority of Gatt ...