All Safety News – Page 1409
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Latin American lead
Increasingly creative financial mechanisms and new products that insure against political and contractual risks, are providing incentives for private sector investment in Latin American and Caribbean airports. By Ellis Juan.As the air transport sector continues its rapid expansion in an increasingly globalised economy, the entry of fast-growing new participants like ...
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Europe's cost crisis
What does it take to ensure the start up of a profitable low-cost carrier in Europe? Hugh Parry looks at the pitfalls and compares the cost of operating in Europe to what is on offer in the US.Imagine an airline based at London/Heathrow flying to Paris 15 times a ...
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Dealing in Deutsche marks
The German tax lease market is growing, and providing an important source of aircraft funds, but there are fears that any liberties taken with structures could lead to tighter regulation by the tax authorities. Trevor French reports.It doesn't often happen that the arcane world of aircraft finance hits the front ...
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Financial results
Aer Lingus' operating profit was $83.3m, partly due to increased traffic. The carrier received $80m in government aid in 1995. Aeromexico's load factor fell 4.5 points to 60%. Cost saving measures cut capacity 13% and reduced staff by 10%. Operating profit was $24m. Cathay benefited from ...
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No room at the inn?
Continued capacity constraints at London/Heathrow have long dictated the US position in liberalisation talks with the UK. Now the physical limits have reached the point where other European hubs threaten to siphon North Atlantic traffic away from Heathrow. By Mead Jennings. TWA, which sold its right to fly to ...
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Pressing for open skies
The US Department of Transportation has in general had strong support from the halls of Congress of late - especially in the realm of international aviation issues. In a late March floor speech, Larry Pressler, South Dakota Republican and chairman of the Senate commerce committee, spoke on the ...
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CLK ponders runway two
Forecasters are about to release new traffic estimates that could dictate whether Hong Kong accelerates work on a second Chek Lap Kok runway, which would strengthen its claim as an international hub, as the geopolitical transition now underway in the region begins to undermine its role as the gateway to ...
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Dragon fires HK struggle
Dragonair has become the pawn in a struggle between two Chinese companies for dominance in Hong Kong after the transfer of power in July 1997. China National Aviation Corp (CNAC) has the initial advantage with plans to start its own operation in the UK colony by June. But ...
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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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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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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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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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First hand-held GPS navcom delivered
AlliedSignal Aerospace has begun deliveries of its Bendix/King KLX 100, claimed to be the first hand-held aircraft radio to combine a global-positioning-system (GPS) and communications transceiver in a single unit. The KLX 100 is aimed at recreational pilots for use as primary navigation/communications (navcom), and at professional pilots ...