Fleets – Page 981
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US Airways cuts out loss-making routes
US AIRWAYS is eliminating unprofitable routes and grounding 22 aircraft in what could be the first step towards shrinking the nation's sixth-largest airline to a regional carrier. Stephen Wolf, the airline's chairman, has also warned that unless he has concessions from labour unions before 30 September, he will ...
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China Eastern beats its 1996 profits forecast
China Eastern Airlines managed to post better-than-forecast profits for 1996, providing some good news in the wake of its February listing on the Hong Kong and New York stock exchanges. In its prospectus for the flotation (the first by a Chinese carrier), China Eastern had warned that declining ...
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Boeing hopes for more from China despite Airbus
Boeing is hoping to secure follow-on orders for a large number of 737s and 757s from Chinese operators, despite a push by Airbus Industrie to place up to 100 new jet airliners with China Aviation Supplies (CASC). According to Boeing, a series of different proposals have been made ...
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Sharing the loads
The utilisation by major carriers of regional airlines with low cost bases to operate low-volume, short-haul feeder services is a concept that has been established in North America since the 1980s, but has only recently caught on in Europe. British Airways was the first European carrier to conclude a franchise ...
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France's revolution
The announcement on 18 February by French regional airline Brit Air that it was to place the launch order for the 70-seat Series 700 version of the highly successful 50-seat Bombardier Canadair Regional Jet (CRJ) served only to confirm the revolution taking place in France's regional-airline industry. In ...
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US carriers enjoy profits hike
Overall profits from the major US airline groups continued to forge ahead in the first quarter of 1997, shrugging aside the hike in fuel costs and re-imposition of the 10% federal ticket tax in early March. The leading airlines made a combined profit of over $750 million, more ...
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Slow domestic market makes ANA look abroad for growth
All Nippon Airways (ANA) has announced plans for a large-scale expansion of its international operations over the next five years, as the carrier faces the prospect of slower growth and increased competition at home. Under ANA's mid-term 1997-2001 corporate plan, international operations will be expanded from 30% to ...
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Two UK freight carriers prepare for widebodies
HeavyLift Cargo Airlines, and Hunting Cargo are working towards the introduction of widebodied freighters later this year to meet possible express-parcels carriers' requirements and their own needs. HeavyLift is finalising plans to introduce two Airbus A300B4 freighters this year, while Hunting says that it is considering the acquisition ...
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First Ilyushin Il-96T is rolled out at Voronezh
The first series production version of the Pratt & Whitney PW2000-powered Ilyushin Il-96, a-96T freighter, was rolled out at the VASO plant in Voronezh on 26 April. The Russian prime minister, Victor Chernomyrdin, attended the ceremony, stressing the political significance of the event. Twenty of the PW2337-powered aircraft ...
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Lufthansa 747 'Classic' digital cockpit retrofit is certificated
The first Boeing 747 "Classic" to be retrofitted with a digital cockpit has been certificated by the German civil aviation authority. The aircraft, an ex-United Airlines 747SPbelonging to the Brunei royal family, was modified by Lufthansa Technik in Hamburg, Germany (Flight International, 26 June-2 July, 1996). It has ...
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MEA expands Airbus fleet as 747s are sold
Middle East Airlines (MEA) is planning a major expansion of its Airbus Industrie fleet following the sale of its three ageing Boeing 747s. The three Boeing 747-200 Combis, delivered new to the airline in 1975, have been sold to the US freight airline American International Airways (AIA) for ...
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R-R will speed up Trent 8100
Rolls-Royce has reached agreement with Boeing to advance the development and certification of its planned 445kN (100,000lb)-thrust Trent 8100 growth engine by nine months, allowing the powerplant to enter service on the proposed 777-200X and -300X derivatives by 2001. The revised Trent 8100 schedule is contained in a ...
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Financial results
Company Period Net US$ mil Comp period Sales US$ mil % change Cathay Pacific Y Dec 31 492.5 385.0 4,187 6.3 China Airlines* Y Dec 31 46.6 45.0 1,887 ...
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Korea opens with a catch
South Korea, long considered a non-starter in US efforts to forge open skies in Asia, is hinting that it may yet join the party, but Seoul's insistence on preconditions is likely to sit awkwardly in Washington. A Korean transport ministry official says his country is willing to sign ...
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Lessors look to go it alone
Leading aircraft lessors are seeking outside capital in unprecedented amounts to fund their aggressive portfolio expansions. Boullioun Aviation Services typifies the new trend. In the past it would occasionally privately place part of a single plane transaction with an outside financier. Otherwise it relied on parent Sumitomo Trust ...
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LOTs of luck at third try?
The management at LOT has got its hands full. Not only is this year crucial for the third attempt at a partial sell-off but the Polish carrier is also introducing five new aircraft, resulting in the biggest single capacity hike ever. After the government blocked the first attempt ...
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Having fun in Brussels
As Sabena throws itself into revamping its shaky operations it had better remember to watch its back. Both Virgin Express and City Bird are attacking the flag carrier's Brussels base with gusto. The two airlines claim to be revolutionising the services on offer in Europe with a cheap, ...
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Crossair tries back door
Swiss regional carrier Crossair has taken a 35 per cent stake in a proposed French startup carrier, in an attempt to improve its access to the European Union market. Initially, Euro Continental Airways would operate two Crossair Saab 2000s from major French cities to the French sector of ...
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Delta deal fires debate
Delta Air Lines' decision to sign up with Boeing for 20 years prompted analysts to coo their approvals. But one former Capitol Hill veteran worries that this deal will only stoke the antitrust debate over the proposed Boeing- McDonnell Douglas merger. Mike Korens, managing director at consultants GKMG ...
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Digest
Delta Air Lines has extended its SkyMiles FFP to Air France and Korean Air, while British Airways and American Airlines have extended their FFP links. British Airways introduced two daily flights from Manchester to Warsaw and two weekly flights from London/Gatwick to Krakow. In return LOT Polish Airlines ...