Networks – Page 1391
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News
Belfast Air starts
A new airline, connecting Belfast with London-Stansted, started on 1 March, linking the two airports five times daily in each direction. Air Belfast is flying two BAC One-Elevens in a low-cost operation which aims to undercut fares charged by rivals British Airways and British Midland. Source: Flight International
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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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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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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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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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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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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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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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Swissair in regional/charter shake-up
Andrzej Jeziorski/MUNICH SWISSAIR HAS HANDED over its regional-jet operations to its Crossair subsidiary. In a second strategic move, Swissair and Crossair will absorb the loss-making charter flights of Balair/CTA - effectively ending the latter's operations. Both moves are aimed at cutting costs and restoring group profitability. By the ...
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Hexcel re-emerges
Composites specialist Hexcel, which emerged from Chapter 11 bankruptcy protection in February, turned a $64.3 million operating loss into a $7.5 million profit in 1994. Net losses were cut from $86 million, to $30 million. Source: Flight International
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Transaero gives warning on profit shortfall
INDEPENDENT RUSSIAN airline Transaero has warned that its 1994 financial results will fall short of targets laid out at the start of the year. Although passenger numbers more than doubled, to over 530,000, Transaero president Dr Alexander Pleshakov says that the airline was affected by "an unfair taxation ...
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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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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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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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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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Flemings doubts add to Bravia problems
Kevin O'Toole/LONDON NEW CRACKS have appeared in the Bravia consortium, set up to sell Rolls-Royce re-engine Tupolev Tu-204 twinjets, with the Flemings banking group expected to make a final decision, over its involvement in the programme within weeks. The problems, centre on disputes over funding ...
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Aer Lingus close to finalising deal to lease three BAe 146-300s
Kevin O'Toole/LONDON AER LINGUS IS close to completing a deal to lease three British Aerospace 146-300 regional-jets to allow it to compete on routes between Ireland and UK regional airports. The aircraft are being made ready for leasing by BAe's Assett Management Organisation, although Aer Lingus ...
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MAS seeks long-range aircraft
MALAYSIA AIRLINES (MAS) has asked for proposals from manufacturers for up to six new long-range passenger aircraft to replace its McDonnell Douglas (MDC) DC-10-30 on thin international routes. Under consideration for the deal are the Airbus A340, Boeing 777 and MDC MD-11. The airline is understood to want ...