All Networks articles – Page 1221
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News
Ailing Tigers
Anyone still nursing hopes that the Asian downturn would prove to be a short, albeit sharp, shock to the region's once buoyant airline industry, will have struggled to retain their optimism in the face of the extraordinary news pouring out over the past fortnight. Perhaps most ominous was the ...
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BA demands give Airbus and Boeing delivery headaches
Max Kingsley Jones/LONDON British Airways is entering final negotiations with Airbus and Boeing to acquire its new short haul fleet, but the two manufacturers are having to discuss deals with leasing companies to help them meet the airline's requirements for early delivery slots. The UK carrier is aiming ...
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Corsair moves to Airbus from all-Boeing fleet
French charter airline Corsair has confirmed its purchase of two Airbus A330-200s, with Rolls-Royce Trent 700s. The decision in favour of the European consortium was taken, says Corsair president Jacques Maillot, "-because Airbus reacted most quickly" to the request for proposals and "-presented the best financing package". The ...
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Airline comeback disguises Asian crisis
Kevin O'Toole/LONDON Airline profits rebounded strongly to near record levels last year, says the International Air Transport Association (IATA),but director general Pierre Jeanniot again warns that margins remain too low and that the headline figures disguise the crisis still unfolding in Asia. The detailed figures, issued in the ...
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Crisis spreads to China as airlines make losses
The Asian economic downturn has begun to have an impact on the Chinese air transport industry, with the country's 11 largest carriers announcing for the first time a collective loss of ¥1.7 billion ($206 million) in the opening quarter of the financial year. According to the state-run China ...
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IATA approves millennium bug plan
Graham Warwick/WASHINGTON DC The International Air Transport Association (IATA), which estimates that the so-called "millennium bug" will cost the airline industry $1.6 billion, has won approval from airlines for a plan to ensure that airlines, airports, air traffic control providers and manufacturers work together to minimise the effect of ...
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Asian crisis prompts Boeing to slow production
Boeing has confirmed that production of the 747 and 777 will slow next year in response to the economic downturn in Asia. The expected axing of some 12,000 jobs is also beginning as the company overcomes the worst of its fraught production ramp-up. Boeing's official production rate announcement for ...
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PAL fights for survival as pilots are sacked and flights slashed
Paul Lewis/SINGAPORE Philippine Airlines (PAL) is drawing up survival plans for a massive shrinkage of its international and domestic operations, after sacking 600 pilots involved in a week-long strike that has brought the national carrier close to financial ruin. Pilots were protesting over plans to force redundancies among older ...
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Marketplace
-Air Macau is subleasing an Airbus A320 and five crews to TAP Air Portugal for six months during the period of the Lisbon Expo. The airline, in which TAP holds a 25% stake, has been suffering from falling demand on some Asian routes. -US Airways has accelerated deliveries of its ...
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Routes
-Iberia and Royal Air Maroc have signed a code-sharing agreement. -Swissair has added four new destinations to its route network, with the introduction of scheduled services from Zurich to Malabo (once weekly) and Skopje (four flights a week), as well as daily flights to Bologna and Venice in co-operation with ...
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Boeing direct
Boeing and freight carrier UPS have expanded their spare parts delivery service to cover all Boeing's distribution centres. The service was launched in 1996 and previously covered only Seattle and Atlanta - now to be joined by Beijing, London and Singapore. Boeing says the move will allow airlines to reduce ...
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GE inspects CF6-80E1s after A330-200 oil leak problem
General Electric has asked airlines to inspect all CF6-80E1 engines after Canada 3000's first Airbus A330-200 was forced to make a precautionary diversion on its inaugural flight. The diversion followed the discovery of an oil leak in the number four bearing area. GE says the aircrew, who were flying from ...
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Costa Rican start-up chooses A300 freighter
Costa Rican start-up carrier JHM Cargo Airlines has leased seven Airbus A300B4 freighters from C-S Aviation Services (CSAS) for all-cargo operations to begin by the end of June. The carrier plans to start with twice-daily services between San Jose and Miami, Florida, says general manager Capt Roberto Escalante. The ...
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Boeing studies extending 767-400ER range
Guy Norris/SEATTLE Boeing is evaluating the case for increasing the range of the 767-400ER to about 11,100km (6,000nm) in response to requests from Britannia Airways. The UK charter operator is interested in operating the stretched version of the twin on non-stop operations to Asia-Pacific destinations. The -400ER, which ...
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717 faces new problems before planned September flight
Guy Norris/LOS ANGELES Boeing revealed several last minute aircraft and engine modifications to the 717-200 regional aircraft on the eve of its planned roll-out on 10 June. Despite the problems, the company still hopes to achieve a first flight for the aircraft in early September, according to programme manager ...
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Mesa starts disposal of WestAir aircraft
International Airline Support Group (IASG) has agreed to help US regional Mesa Air Group dispose of 21 British Aerospace Jetstream 31s and 20 Embraer EMB-120 Brasilias. The aircraft are leased by Mesa subsidiary WestAir, which was wound up when its United Express codeshare contract expired on 31 May. Peter ...
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Fiji Airways prepares to launch as second international carrier
The Fijian Government has designated newly named Fiji Airways as the island nation's second international carrier, following approval by the local Trade and Investment Board for the planned Fijian-Singaporean joint venture start-up airline. According to Fiji chief operating officer Pravin Jumabhoy, the next steps are to amend Fiji's bilateral ...
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Israel keeps hold of its controlling stake in El Al
The Israeli Government has issued its delayed decision on the privatisation of El Al, announcing that only 49% of the carrier's stock will be floated on the Tel Aviv exchange, and leaving the costly ban on Sabbath flying still unresolved. The decision, which has repeatedly been postponed, was made ...
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Transaero begins fleet upgrade
Paul Duffy/MOSCOW Transaero has begun its fleet upgrade programme with the recent delivery of the Russian airline's first Boeing 767-300ER and 737-700 on lease. The 767, leased from International Lease Finance, has entered service on the private airline's Moscow-Tel Aviv service, and will be used on shorter routes ...
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Big losses put MAS deliveries on hold
Paul Lewis/SINGAPORE Malaysia Airlines (MAS) is to delay delivery of nine Boeing 747-400s and 777-200s on order by up to 36 months and dispose of an extra four surplus 737s, in the wake of a larger than expected end of year net loss of M$260 million ($67.3 million). ...