News from FlightGlobal – Page 2269
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Lufthansa takes on PAL restructure
Andrew Doyle/MUNICH Lufthansa Consulting, a subsidiary of the German flag carrier, has signed a two-year contract with Philippine Airlines (PAL), which should see it play a major role in the restructuring of the struggling Asian carrier. The move effectively kills plans for Regent Star, a consultancy formed by ...
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Beijing may force merger of Air China and China Southern
Andrzej Jeziorski/SINGAPORE The Chinese Government is considering a forced merger between flag carrier Air China and China Southern Airlines, the country's biggest airline. Industry sources in Beijing, Hong Kong and Shanghai say such a proposal is under study, but that many obstacles - including the airlines' own reluctance - ...
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Israelis take stake in Balkan Bulgarian
Knafaim-Arkia, holding company of privately owned Arkia Israeli Airlines, and the Zeevi investment group have together taken a 75% stake in Balkan Bulgarian Airlines for a bargain price of $150,000 - but have also agreed to invest $100 million in restructuring the airline over the next 10 years. Knafaim-Arkia ...
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Aeroflot continues down recovery road with profit
Paul Duffy/MOSCOW Aeroflot Russian International Airlines says it is recovering from the consequences of last year's economic slide and continues to pay off its debts, including $170 million a year in lease fees on 25 Western airliners. Chief executive Valery Okulov admits that the airline was in danger of ...
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FLSA plans strategic US buy
Chris Jasper/DUBLIN Maintenance specialist FLS Aerospace (FLSA) plans a US purchase by the end of this year as part of a strategy that could see it rival Aviation Sales as the world's largest third-party-only aircraft overhaul provider. The Copenhagen-based company, a division of diversified Danish conglomerate FLS Industries, says ...
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UPS buys cargo carrier in drive for Latin America
United Parcel Service (UPS) aims to improve its position in the Latin American market with the purchase of Challenge Air Cargo (CAC), a freight-only carrier flying to 17 cities in that region from Miami and Dallas. CAC founder and president Bill Spohrer says the deal includes the acquisition of ...
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NATO slams Europe's warfighting capability after Kosovo conflict
Stewart Penney/LONDON NATO's new military committee chairman, Adm Guido Venturoni, and UK defence secretary George Robertson have criticised Europe's ability to support alliance operations such as the recent conflict with Yugoslavia. Both acknowledge that the USA provided the lion's share (70-80%) of air assets in Kosovo. Venturoni says that, ...
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Sea Launch wins four orders
The Boeing-led international Sea Launch operation has received four confirmed launch orders, valued at about $350 million, from Hughes Space & Communications. This brings to 14 the number of Hughes satellites on the company's manifest. Space Systems/Loral also has five launches booked. The four new firm orders, for launches ...
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X-34 makes first captive flight
The first Orbital Sciences X-34 vehicle made its maiden captive flight beneath a Lockheed L-1011 TriStar on 29 June, from Edwards AFB, California. Captive flights will be made to get US Federal Aviation Administration approval. Next year, another X-34 will fly unpowered glide flights to a runway after being dropped ...
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Eagle 150 popularity soars in North America
Australia's Eagle Aircraft has started to export its two-seat Eagle 150 to its US subsidiary, less than six months after the single-engined aircraft was granted US certification. According to the Orlando, Florida-based company that will assemble the Teledyne Continental IO-240-powered aircraft for the North American market, orders "are nearing ...
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First from second
Lanchile has been "working to be one of the 10 best airlines in the world," Cueto says. He sets about defining what he means. "When you fly to the Far East you choose an airline - perhaps Singapore Airlines. When people fly to South America we want them to think ...
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Controlling Chile
Chile has a good safety record despite unusual air traffic challenges David Learmount/SANTIAGO DE CHILE No other country is as long and thin as Chile. Few other countries contain such vast distances and terrain so unkind that its main 5,500km (3,420 mile)-long north-south trunk road has to retreat temporarily ...
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Paris Order Book
Airbus and Boeing combined sales announced during the Paris Air Show totalled $8.9 billion in firm orders. Airbus' total was for 93 aircraft worth $4 billion and Boeing's was 72 aircraft worth $4.9 billion. International Lease Finance Corp was a big buyer during the show, with an order for 60 ...
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Boeing doubts demand
Boeing is raising further doubts over likely demand for a new airliner in the class above 400 seats. At the Paris air show, Randy Baseler, vice-president marketing, said that Boeing sees only 80 deliveries of such aircraft over the next decade. The number rises to 360 over the next 20 ...
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Northwest Firms Options
Northwest Airlines has converted 30 options on Airbus A320 family aircraft to firm orders. Deliveries will take place between 2002 and 2004 on 18 A319s and 12 A320s. Northwest, which was the US launch customer for the A320 at the Paris air show two years ago, has received 70 of ...
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Routes
KLM/Alitalia's Latin rejig - Alliance partners KLM and Alitalia are reorganising their networks to Latin America. For summer 2000, KLM will replace indirect flights between Amsterdam and Sao Paulo and Buenos Aires with direct services, while dropping its Rio de Janeiro service in favour of Alitalia, which flies there five ...
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The tie that binds
The game is far from over for the global airline grouping, as Delta's deal with Air France demonstrates. But if there is more realignment to come, the SAirGroup is putting its trust in old-fashioned equity. The course of love never did run smooth. Neither, it seems, do the course ...
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USA and UK revisit open skies talks
Talks on a new US-UK liberalised aviation bilateral agreement are due to resume at the start of July, but the hosts in Washington DC remain cautious about the likely outcome of this latest round. Talks were set to restart in mid-June but were cancelled by the UK Government, which said ...
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SAir reacts to Air France/Delta
The official confirmation of Air France's alliance with Delta Air Lines has provoked a sudden burst of activity from the US carrier's existing European partner Swissair. That included the announcement of plans to accelerate moves towards a "merger" with Sabena. Delta and Air France say that their deal, which ...