All news – Page 7706
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EU ponders open skies
The European Commission's draft negotiating mandate, being considered by European Union transport ministers at their 19 June meeting, envisages pursuing a full open skies agreement with the US, higher reciprocal ownership limits, and a raft of safeguards to prevent anti-competitive behaviour. If it is awarded, the EU will ...
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Stay out SIA!
An Indian parliamentary committee has opposed foreign investment in airlines, casting doubts over the proposed joint venture between Singapore Airlines and Tata and the future of Jet Airways' holdings by Gulf Air and Kuwait Airways - both have 20 per cent. Source: Airline Business
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New SA fires flag growth
South Africa's new found international acceptance has forced its flag carrier sub- stantially to upgrade its fleet of long-range, wide-bodied aircraft and go on a billion dollar spending spree to compete with growing competition. South African Airways will spend $1.1 billion acquiring some 10 new wide-bodied aircraft over ...
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TWA breaks cap ranks
TWA's break from other US majors in capping travel agent commissions may not unravel the cost-cutting initiative, but it will certainly benefit the struggling carrier. The move has locked TWA into an almost guaranteed revenue windfall and has removed it from a class-action lawsuit filed against the commission-capping ...
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Lessors bid to save FSCs
US cross-border tax leases involving foreign sales corporations (FSCs) appear to have been dealt a fatal blow by a recent US Internal Revenue Service ruling that eliminates accelerated depreciation mechanisms. But sources indicate US lessors are still looking at ways around the ruling, despite some estimates of a ...
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More for sale
The Australian government has lifted the foreign investment limit in the mid-July float of Qantas from 35 per cent to 49 per cent. But individual offshore investors cannot take more than 25 per cent, thus preventing British Airways from upping its current stake. Source: Airline Business
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Weber wins Nordic prize
For SAS the search is over. But KLM now finds itself without any major European partner and is fast running out of available options. The Scandinavian flag carrier solved its European partner problem by forging close ties - but no equity swap - with Lufthansa. The alliance is ...
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Swissair set to buy way in
Swissair is not often accused of acting in haste. But the manner in which it is has approached buying a 49.5 per cent stake in Sabena smacks of desperation, brought on by its exclusion from the single European aviation market. European Commission approval for the deal appears little ...
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Old certification standards
Sir - You raise the subject of the application of old certification standards to new-derivative aircraft such as the Boeing 737X (Flight International, 10-16 May). We understand that some new standards apply only to new designs, and may not be appropriate for an existing, well-proved aircraft. For example, ...
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A tribute to RAF Oulton
A tribute to RAF Oulton Sir - In the centenary year of The UK National Trust, staff, members and volunteers associated with Blickling Hall in Norfolk are hoping to establish a permanent record and tribute to RAF Oulton, at Blickling from 1940 until 1947. At Blickling ...
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Manchester
Clive Condie has been appointed air-services development manager at Manchester Airport in the UK. Condie has been with the airport for 13 years, and was formerly manager of the leisure-marketing function in the business-development directorate. Source: Flight International
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Pemco
Carsten Birkebaek has been appointed managing director of maintainer and modifier Precision Standard's Pemco World Air Services, based in Copenhagen, Denmark. He was formerly vice-president of the ship-owning division of the Burmeister & Wain Shipbuilding Group of Denmark. Source: Flight International
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Aloha
Mickey Cohen has been named senior vice-president of operations for Aloha Airlines of Hawaii. He was formerly vice-president of line maintenance for USAir and has also held positions with Pacific Southwest, Dalfort Aviation and Northrop. Randal Okita becomes director for internal audit. Okita, previously with Ikeda & Wong CPA, has ...
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UTC
William Paul has been elected an executive vice-president of United Technologies (UTC), of Washington DC. Paul, who joined UTC's Sikorsky Aircraft division in 1955, was formerly senior vice-president of Government affairs at UTC, for which he remains responsible. Source: Flight International
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Harris
Phillip Farmer, president and chief operating officer of electronics specialist Harris, of Melbourne, Florida, has been elected chairman and chief executive. He succeeds John Hartley who is to retire at the end of June. Farmer has been with Harris since 1982. Source: Flight International
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CAE acquires Invertron
Canada's CAE has acquired UK company Invertron Simulated Systems from Alvis for £6.3 million ($9.9 million). The Burgess Hill, West Sussex-based artillery and armoured-vehicle simulation specialist employs about 100 people. Source: Flight International
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Elbit upgrades
Israel's Elbit has completed the development of an upgrade to provide transport helicopters with an all-weather attack capability. The update is intended mainly for implementation on helicopters which were manufactured in eastern European countries. The upgrade will provide systems (likely to include a forward-looking infra-red) which will give transport helicopters ...
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Supersonic contract
Raytheon Aircraft has received a $12 million US Navy contract to supply 88 AQM-37C supersonic air-launched aerial targets, for delivery between August 1996 and August 1997. Production options worth $10 million annually cover three additional years. Source: Flight International
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Thai/SAS tie up
Scandinavian Airlines System (SAS) and Thai Airways International are to expand co-operation to include code-sharing and timetable co-ordination. This latest agreement follows SAS forming a strategic alliance with Lufthansa, which already has a similar tie-up deal with Thai. Source: Flight International