Fleets – Page 1036
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Financial results
An exceptional charge of £139.2m ($226.8m) for restructuring contributed to the loss. Team Aer Lingus, the maintenance unit, lost £27.9m. Air France expects losses of FFr3.5b ($713m) for its 15 month 'year'. Debt fell from FFr33.6b to FFr27b due to the state capital injection. Lower ticket prices and ...
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Fly America in the ointment
The failure of US and UK aeropolitical negotiators to reach agreement on a proposed 'mini deal' in mid-April was just another chapter in years of fractious negotiations between the two countries. But the tripping point was so small that even veteran negotiators turned away in disgust at their inability to ...
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Suppliers
Amadeus has signed new partners, the Colombian flag carrier Avianca, and ANATO, the country's travel agency association, to operate the CRS in Colombia. GE Aircraft Engines has signed an MoU with IHI for the Japanese company to develop and manufacture 25 to 30 per cent of the CF34-8C ...
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Orders
Aero Lloyd has ordered four A321s and two A320s direct from Airbus Industrie, worth $306 million. In addition the German charter will lease four A320s and six A321s from Los Angeles-based lessor ILFC. Delivery of the V2500 powered aircraft will begin in early 1996. United Airlines has ordered ...
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Suppliers in demand
What enlarged role could suppliers and manufacturers play as airlines look to outsourcing as a cost control mechanism? Kevin P Michaels and William D Angeloni of the Canaan Group explore the possibilities.Airline suppliers have already endured a tumultuous decade - order boom followed by order bust, complicated by the constant ...
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A fighting chance
Aer Lingus managers have yet to solve the airline's problems on UK regional routes and must complete the restructuring of the rest of the group in order to secure the final payment of state aid. Mark Odell reports from Dublin.When the European Commission gave a derogation to the Irish government ...
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Chinese drop guarantees
Air China has made history as the first Chinese airline to finance most of a new aircraft purchase without a bank guarantee. But the chances that others will soon follow suit have diminished with a recent rating downgrade for non-sovereign Chinese debt. Pressure has been mounting on China's ...
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What's in a code?
After a year of research, two US government-sponsored studies on codesharing alliances are complete. Mead Jennings says the findings confirm what most airlines have already known for some time: codesharing pays. In the early part of 1994, US transportation officials began to question the precepts of the 'glue' that ...
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Alitalia pilots feel the heat
Alitalia is forcing its intransigent pilots into a corner. The recent move by management to convert lower cost domestic subsidiary Avianova to a regional European operation follows the decision to wet-lease B767s on some transatlantic routes. Both moves mean cheaper labour for Alitalia and less work for its pilots. ...
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Bells ring in the changes
Time will tell whether the three recently announced major alliances are merely marriages of convenience or opportunities for long-term harmony and success. The wedding bells are ringing again. If successful, this month's three major new airline alliances will all change the balance of power in their respective markets. But ...
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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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Boeing to cut more jobs than expected
Boeing expects to cut as many as 12,000 jobs this year - some 5,000 more than the company had anticipated. Updated 1995 employment forecasts revealed by Boeing show that more than half of the reductions will come from employees taking advantage of its one-time special retirement-incentive programme announced ...
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China's aircraft-buying ban crumbles in face of demand
China's ten-month-old ban on commercial-aircraft purchases is showing signs of being relaxed, as small provincial carriers have had several new orders and leases approved. The clearest indication of the moratorium being eased was the $120 million order by China Aircraft Supplies (CASC) for three new Boeing 737-300s to ...
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SIA sparks competition to replace Airbus A310 fleet
Paul Lewis/SINGAPORE SINGAPORE AIRLINES (SIA) has given Airbus Industrie and Boeing until 31 May to submit tenders to meet its "Y-aircraft" requirement for a new regional-passenger jet airliner. SIA has asked for pricing on a firm order for 16 aircraft, plus options for a further 17. ...
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777 ETOPS approvals go down to the wire
Guy Norris/SEATTLE BOEING AND UNITED Airlines hope to receive US Federal Aviation Administration approval for 180min extended-range twin-engine operations (ETOPS) for the 777 by 30 May - just a week before revenue services begin. The European Joint Aviation Authorities' (JAA) timetable is unclear. British Airways ...
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Australian judge rules out compulsory retirement at 60
AN AUSTRALIAN industrial-relations court, has overturned the compulsory retirements of two, 60-year-old Qantas captains. The judgement says that compulsory retirement should be replaced by a process of "individual screening of individual pilots, regardless of age." In supporting one (short-haul) captain's application, Chief Justice Wilcox found ...
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US start-up leases three BAe 146s
TRISTAR AIRLINES, a new US start-up carrier, has leased three British Aerospace 146-200s for five years from BAe's Asset Management Organisation (AMO). The agreement, signed at the convention, allows TriStar to begin scheduled operations from mid-July. The airline plans an initial, nine daily scheduled flights from its ...
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Sierra will lease 13 Jetstream Super 31s
JSX CAPITAL HAS LEASED 13 Jetstream Super 31s to California-based start-up carrier Sierra Expressway, which has options for ten additional aircraft. Five of the 19-seat aircraft will be delivered in June and the low-cost carrier plans to begin operations on 1 July, linking Oakland International Airport with destinations in California ...
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Saab sounds off on noise
SAAB AIRCRAFT IS tackling sound at source to try to achieve the 76dB average cabin-noise level promised for the Saab 2000 high-speed regional turboprop. Launch customer Crossair criticised Saab earlier this year for failing to meet cabin-noise guarantees. The Swedish manufacturer says that the present average noise-level of ...
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Iberia finishes 1994 in profit
Kevin O'Toole/LONDON IBERIA ENDED 1994 with its first operating profit in five years, leaving the ailing Spanish carrier optimistic that it can deliver the promised turnaround over the next two years. The state-owned group, which is still awaiting European Commission (EC) approval for its rescue plan, ...