All Networks articles – Page 1407
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News
Orient Express growth
The Orient Airlines Assoc-iation has reported an 11% growth in average passenger traffic for its 15 member carriers in 1994. Average passenger-load factors were up by 1% on the previous year, to 69.44%, while freight traffic increased by nearly 17%. Passenger capacity rose by 9.18%. Source: Flight International
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Evergreen sale
Evergreen International Airlines is to sell its all-cargo routes to China to FedEx, subject to US Department of Transportation approval. FedEx, which will become the only US express-package carrier with rights to serve China, plans to lease two Boeing 747s from Evergreen. Source: Flight International
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Canada will introduce charges for overflights
THE CANADIAN Government is to introduce overflight charges to airlines using its airspace, as part of a restructuring in advance of the privatisation of its Air Navigation System (ANS). The Government confirms that it will privatise its C$800 million ($575 million)-a-year ANS when it releases its plans for ...
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PWA scales back profit forecast
PWA, THE PARENT OF Canadian Airlines, has scaled down profit forecasts for this year, following a higher-than-expected net loss for 1994. The group still expects to swing back to a net profit in 1995, but warns that this is likely to be in the region of C$52 million ...
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ARIA faces privatisation
Paul Duffy/MOSCOW PRIVATISATION AND fleet renewal remain at the top of the agenda for Aeroflot-Russian International Airlines (ARIA), says chief executive Vladimir Tikhonov. He adds that the first step in the privatisation process will take place shortly with the issue of shares to airline's staff. Employees ...
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Passenger growth has accelerated, says FAA study
A NEW US FEDERAL Aviation Administration's 12-year growth forecast for US commercial aviation shows that passenger numbers grew faster in 1994 than at any time since 1987. "The commercial-aviation industry breathed a collective sigh of relief in fiscal year 1994 as most sectors of the industry recorded their ...
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Air New Zealand starts returning grounded 737s to service
AIR NEW ZEALAND (ANZ) expects to be back to full capacity by 12 March, following the grounding of ten Boeing 737-200s with Nordam hushkits (Flight International, 22-27 February). The aircraft were grounded following a series of turbine failures on the Nordam-hushkitted Pratt & Whitney JT8D-15A in a six-month ...
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Midway plans to lease A320s to operate from Raleigh-Durham
MIDWAY AIRLINES is to operate a fleet of Airbus Industrie A320s from its new hub operation at Raleigh-Durham Airport, North Carolina, recently acquired from American Airlines. The Chicago-based carrier is initially leasing four International Aero Engines (IAE) V2500-A1-powered A320s from Orix. The first two A320s will arrive in ...
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Iberia plan calls for partial sale by 1997
Kieran Daly/LONDON IBERIA'S LATEST restructuring plan now being considered by the European Commission (EC) includes a proposal to sell off one-quarter of the carrier by early 1997. The move is part of the airline's proposal to allow it to receive a Ptas130 billion ($1 billion) cash ...
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USAir sells off 11 Boeing 737-300s
USAIR IS SELLING 11 Boeing 737-300s to General Electric Capital (GECC). Terms of the transaction have not been disclosed. The financially ailing US carrier says that the aircraft sale is part of a plan to cut operating costs by at least $1 billion annually. It says ...
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GE90-powered 777 reaches Mach 0.96 in dive
THE GENERAL ELECTRIC GE90-powered Boeing 777 reached Mach 0.96 during a high-speed dive in February, as part of a faster-than-expected expansion of the aircraft/engine flight envelope. "We are well into the test schedule. In fact we're already at the point that we'd normally be at six weeks into ...
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Falcon fledged
Gulf Air has launched its frequent flyer programme, Falcon, to Gulf Cooperation Council residents and has plans to expand to other countries throughout 1995. The carrier has settled for a standard three-tier membership system. Source: Airline Business
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Japanese tie
Japan Airlines and Thai have signed an agreement in which both carriers will expand the Nagoya-Bangkok service they operate jointly and launch a joint Osaka/Kansai-Bangkok service. In addition, Thai will operate Fukuoka-Bangkok for the partnership. Source: Airline Business
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Picking up the pieces
The impact of a major accident on an airline's traffic and revenues is often short lived but limiting the damage to the carrier's public image is a delicate exercise. Sara Guild examines the lessons learned by a selection of carriers. There is a true tale in aviation's not so ...
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The unions' man
United Airlines' chairman and CEO Gerald Greenwald has some novel ideas on how to make employees work together, run an airline more efficiently and establish strong ties with worker groups. Could he be the new blood airlines have needed at the top for years? Mead Jennings reports.In Gerald Greenwald's office ...
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Now for the real Macau?
Nine months ahead of startup, fledgling international carrier Air Macau has run headlong into management problems, compensation claims and allegations of shady dealings which at presstime were being investigated by the Portuguese enclave's anti-corruption agency. The proposed carrier faces a barrage of legal action from expatriate managers whose ...
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Japan-China link
China and Japan have signed a new bilateral which allows for a 20 per cent increase in passenger services over current levels and a tripling of cargo capacity. The agreement gives three new carriers access to the market: China Southern, Japan Air System, and Nippon Cargo Airlines. Source: ...
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Zambian flier
Aero Zambia will fill the gap left by the liquidation of Zambia Airways when it starts regional operations to Harare, Gaborone and Mbabane this month. The private carrier, owned by Belgian shareholders, was previously operating as the national cargo carrier. The ministry of transport has granted it rights to fly ...
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Financial results
Y = Year. H = Half year. Q = Quarter. M = Months. Currencies converted into US dollars a average exchange rates during reporting period. Per cent changes in local currencies. Net profit at the UK airports operator rose 13 per cent. Passenger numbers rose 7.4 per cent ...