News from FlightGlobal – Page 2237
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News
Royal Brunei is forced to delay A319s by new management
Paul Lewis/SINGAPORE Royal Brunei Airlines (RBA) has been forced to postpone taking delivery of two Airbus A319s in the wake of a senior management shake-up within the company, and after having failed to meet payment deadlines to the manufacturer. RBA had been scheduled to take delivery of the ...
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Routes
-Dutch carrier Transavia is to become the first non-Greek airline to operate scheduled domestic services between Greek territories when, from 2 November this year to 27 March 1999, it sets up flights between Rhodes and Heraklion, Crete. -Martinair Cargo will increase both routes and capacity in the Latin American region ...
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Syndicates jostle to advise Thai on sell-off
Six competing international and local financing syndicates have submitted bids to Thai Airways International to advise on the planned long-awaited partial privatisation of the national carrier. The Thai Government has already approved in principle the sale of 23% of the airline to private investors and, potential, strategic partners. Bangkok, ...
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Financial troubles force Transaero to cut back
Paul Duffy/MOSCOW Transaero, Russia 's third largest carrier, has scaled back its operations by about 30%, with further reductions expected to follow in the face of continuing financial problems at the airline and the worsening domestic economy. Among the first services to be dropped are flights on the Moscow-Riga-London ...
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Air Niugini reduces debt with Government cash
Papua New Guinea (PNG) has boosted Air Niugini's capital base to over kina60 million ($22 million) with a kina50 million cash injection, as part of a wider effort to restructure the airline. The injection will allow the carrier to reduce its debt to PNG Banking, believed to exceed kina150 million. ...
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SAir Group acquires major Air Europe stake
Marco Messalla/MILAN Swissair parent SAir Group is to grow its increasing portfolio of small European airlines by taking the maximum permitted stake in Italian long-range charter carrier Air Europe, through the purchase of 49.9% of Dutch-based holding company Tegel. The move follows the recent purchase of 44%of France's Air ...
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Lithuanian fleet boosted with Saab
Lithuanian Airlines is to boost its Saab turboprop fleet with the lease of two Saab 2000s from the manufacturer's leasing division. The two aircraft, which were previously operated by Deutsche BA and France's Regional Airlines, will arrive at the Lithuanian national carrier's Vilnius base this month, joining two Saab ...
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Gathering clouds threaten European open skies deals
Max Kingsley-Jones/LONDON Julian Moxon/PARIS Any prospects of an immediate UK-US open skies agreement have disappeared, following the confirmation by British Airways that it is postponing its plans for a full-blown strategic alliance with American Airlines. Meanwhile, France is pressing ahead with implementing its bilateral aviation agreement with the ...
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Lufthansa holds China talks as SIA prepares to be a Star
Andrzej Jeziorski/SINGAPORE Lufthansa is in talks with three airlines in a bid to extend the Star Alliance into mainland China, according to Jürgen Weber, chairman and chief executive of the German airline. Early talks on a potential Chinese partnership are under way with Air China, China Eastern Airlines ...
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728JET orders 'soon'
Fairchild Dornier confidently predicts that it will secure launch orders for its planned 70/78-seat 728JET by mid-1999. Fairchild Dornier senior vice-president, sales and marketing, Andrew Jampoler says: "We are still in discussions with Lufthansa CityLine and Crossair, and it is our expectation that these discussions will end with large orders ...
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Crisis aids Air New Zealand as it swoops for Garuda 737s
Max Kingsley-Jones/LONDONAir New Zealand (ANZ) has taken advantage of the Asian crisis to conclude a deal with Boeing for the rapid delivery of six new 737-300s, which will allow it to accelerate the phase-out of its existing 737-200 ßeet. It is also believed to be in negotiations for additional 737s, ...
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Embraer gears up for the massive regionsl jet production boost
Guy Norris/Palm Springs Embraer plans to deliver more than 470 RJ-135/145s over the next five years as it rushes to boost regional jet production to 12 a month by May 2000. The company, however, is still not convinced that it wants to enter the 70-seater market. The Brazilian manufacturer revealed ...
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SIA profits down
Singapore Airlines (SIA) blamed the Asian economic downturn for its poor financial performance for the first half of its 1998 financial year with operating profits plummeting 44% to S$246 million ($x million), a drop of S$195 million on 1997 first half figures. Revenues were down $87 million at $3.43 billion. ...
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Delays put back first Lancair Columbia delivery
Lancair now plans to deliver the first Columbia 300 four-seater in February 1999 and hopes to have completed the handover of the 200th aircraft by early in 2001. The February delivery date is almost five months behind the company's original schedule, which slipped after design changes were made to improve ...
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Bombardier refines 90-seater
Guy Norris/PALM SPRINGS Bombardier has refined its plans for the proposed BRJ-X regional jet family and says a launch decision is likely to be taken around October 1999, pending the conclusion of a solid business case. Bombardier is now outlining plans for two main family members, a 90-seater ...
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USA moves to block Northwest bid for Continental
The civil lawsuit which the US Department of Justice (DoJ) filed in late October to block Northwest Airlines from purchasing a controlling stake in Continental Airlines could take federal courts years to resolve. The airlines describe the DoJ's claims as groundless, and Northwest still plans to buy the 51% ...
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FlightSafety adds new Miami hub
FlightSafety Boeing Training International is to establish a $100 million Latin American training hub in Miami, Florida. This follows the August announcement by the Boeing/ FlightSafety joint venture of plans to build an $85 million European training hub in London. The new Miami centre is scheduled to open in ...
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MD-11 probe leads to entertainment disconnection
Swissair has voluntarily disconnected the in-flight entertainment systems on its Boeing 747 and MD-11 fleets as a precaution because some heat-damaged wiring associated with it has been found in the MD-11 which crashed off Nova Scotia, Canada, on 2 September. Both the airline and the Transportation Safety Board of Canada ...
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Marketplace
-Frontier Airlines is leasing a Boeing 737-200 from Interlease Aviation Investors, and two new 737-300s, one from Air New Zealand and another from Heller Financial. The -200 has been delivered, while the two 136-seat -300s will go into service with the Denver-based airline in December. -TransAer has introduced its tenth ...
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ATR targets January launch for regional twinjet
An ATR Jet study team has submitted its final proposals to Aerospatiale and Aeritalia, parent companies in the ATR consortium, which could pave the way for the launch of its planned regional twinjet in January 1999. ATR marketing president Antoine Bouissou, speaking at the Speednews regional and corporate aviation ...