All Networks articles – Page 1391
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News
Financial results
Higher load factors and increased yields combined to produce the increase in revenue. Pretax income doubled to $41.2m but the tax provision rose. The dislocation of American Eagle's fleet due to bad weather and a freak hailstorm affecting 10% of American's fleet cost $23m in net earnings. ...
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Many happy returns
After keen investor interest, Australian flag Qantas was all set to become fully traded on the stock exchange from 31 July, and under immediate intense pressure to provide the projected return on investment. Tom Ballantyne reports.As Qantas began its first twelve months as the world's most recently privatised airline in ...
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Pacific links spur on talks
In an attempt to flout the stalled US-Japan aviation relationship, airlines from the two countries are forming partnerships that could make alliance-building the issue that forces bilateral liberalisation. It is Delta Air Lines' proposed codesharing alliance with All Nippon Airlines, announced at the start of August, that is ...
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Thriving markets
For the industry as a whole, 1994 was marked by substantial growth, with passenger traffic for the Airline Business 100 carriers increasing by 8.2 per cent and freight tonne km by 16.3 per cent. However there were some meteors, almost all of them smaller carriers whose revenues place them below ...
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Pal threats
Fledgling Philippine operator GrandAir wants to launch regional services in direct competition with flag carrier Philippine Airlines. GrandAir, which operates two A300s domestically, has applied to serve 11 Asian countries, including China, Japan, South Korea, Thailand and Hong Kong. Source: Airline Business
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The strong performers
As more and more airports become profit-driven there is a greater demand for productivity comparisons. Andrew Lobbenberg and Anne Graham present an analysis of 25 European airports.Many European airports have been transformed over the past 10 years. As a sector they have changed from government utilities into a dynamic commercially ...
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Western rethink
After a few early failures, potential western investors are again showing an interest in FSU aviation. But a more upbeat view of future traffic growth is needed. Colin Smith reports.More than three years have elapsed since the demise of the Former Soviet Union (FSU) and the ensuing disintegration of the ...
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Canadian returns aircraft
Canadian Airlines International is to return three leased aircraft at the end of October following a review of its route network and narrowbody fleet requirements. Canadian will also discontinue selected services in northern Canada, turning some over to Canadian Regional and Calm Air. Source: Flight International
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Nashville tunes up
Nashville Air has applied for certification from the US Department of Transportation, and plans to begin Boeing 737 services from Nashville, Tennessee, to Atlanta, Detroit, New York and Orlando by the end of 1995. The airline is still attmepting to raise the $20 million necessary to begin flight operations. ...
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Orders grow for 777s but 1995 deliveries show decline
Egyptair has ordered three high gross-weight Boeing 777-200s, expanding the US airframe builder's firm orderbook to 167. At the same time, however, Boeing predicts that its 1996 deliveries will fall for the fourth consecutive year. The predicted 1996 delivery tally of 210, compared with 235 for 1995, was ...
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Tupolev reveals Tu-304 details
TUPOLEV HAS revealed new details of its planned Tu-304 long-range, widebodied twin, adding that it has signed a protocol with Rolls-Royce to power the aircraft. The agreement with the UK engine manufacturer covers the use of the 400kN (90,000lb)-thrust Trent 884 turbofan. Tupolev is coming to the end ...
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Horizon presses DASA to launch stretched 328
Graham Warwick/ATLANTA HORIZON AIR IS pressuring Daimler-Benz Aerospace (DASA) to launch a stretched variant of the Dornier 328 regional turboprop. The Alaska Air Group subsidiary, which operates both the 328 and the de Havilland Dash 8, has made standardising on one large-turboprop type a priority, and is pushing ...
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Il-86 re-engineing near
The launch of the long-awaited project to re-engine Ilyushin Il-86s with CFM International CFM56 engines may have moved a step closer, with a deal having been reached with one Il-86 operator. "By the end of this show, or shortly after, we will meet the launching terms," says CFM shareholder GE. ...
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SAMECO plans abandoned
Plans for the Sino-Singapore joint-venture company, Shenzhen Aircraft Maintenance and Engineering (SAMECO), have been scrapped after the venture failed to win government approval to perform heavy maintenance work. SAMECO was due to open by early 1996, initially providing line maintenance, but with the long-term intention of developing a ...
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Airbus shows DGPS in Africa
AIRBUS INDUSTRIE has demonstrated precision approaches and landings with an A340 guided by a differential global-positioning system (DGPS) at Mmabatho in South Africa. The trial took place as South African Airways moved into the final stages of selecting its new long-haul replacement aircraft. Airbus used a Sextant Avionique ...
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African dilemma
MANY AFRICAN airlines and their state owners - like their counterparts in the rest of the world - are being pressured towards privatisation. Those African airlines are not, however, like their European counterparts; nor is the environment in which they fly like Europe. The most pressing questions they face are ...
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Varig loses out after disastrous yen financing
BRAZILIAN AIRLINE Varig is to dispose of five Boeing 747s because of the cost of its Japanese yen financing, which has left the airline showing losses for the first half of the year. Financial director Carlos Ebner claims that Varig lost almost $71 million on the financing deal ...
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Kiwi Travel wins approval for tran-Tasman services
KIWI TRAVEL International Airlines has emerged successfully from its dispute with the New Zealand Civil Aviation Authority (NZCAA), finally gaining approval for starting scheduled services across the Tasman Sea to Australia. NZCAA chief Kevin Ward had opposed the granting of a licence, principally until the US Federal Aviation ...
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IATA slams Canadian ATC charges
THE INTERNATIONAL Air Transport Association (IATA) has condemned what it calls unfair and discriminatory overflight charges, to be introduced by Transport Canada in November. Transport Canada is trying to recover two-thirds, or C$165 million ($120 million), of the total annual cost of C$250 million in just one year. ...
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Balkan/Malta link-up
Air Malta and Sofia, Bulgaria-based Balkan Airlines are to operate a joint Sofia-Malta-New York-John F Kennedy, USA scheduled service using a Balkan-operated Boeing 767-200ER. Air Malta chairman Joseph Tabone says that the weekly service, starting in November, results from negotiations aimed at providing a viable, non-stop New York service from ...