News from FlightGlobal – Page 2271
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Airbus Industrie and AVIC abandon AE31X
Julian Moxon/PARIS Paul Lewis/HONG KONG Airbus Industrie and Aviation Industries of China (AVIC) have broken off negotiations on co-operative development of the 100-seater AE31X following what an industry source describes as "failure to establish a sufficient business case" . The move will cause little surprise. The third potential ...
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China Aviation may take 10 more 737-700/800s
Boeing has secured a smaller than expected tentative sale of a further 10 737-700/800s to China Aviation Supplies (CASC), while firming up the final allocation to carriers of the 50 aircraft ordered by Beijing last October. The latest deal involves a letter of intent (LoI) to order an incremental ...
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JAL aims to speed cost cuts with new express subsidiary
Paul Lewis/SINGAPORE Japan Airlines (JAL) has launched its new low cost subsidiary, JAL Express (JEX), in an effort to counter the country's crippling high labour costs and in response to the impending entry into the domestic airline market of the first of several planned start-ups. JEX launched its ...
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Touching moment as an era ends
Hong Kong's Kai Tak Airport's northerly approach, which requires a spectacular banking turn around the infamous "chequerboard" in typically tricky crosswinds, was more than a handful for the pilot of a Malaysian Airlines Boeing 747-400 which scraped an outer engine on landing in late June and an Indian Airlines 747. ...
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Delta/ALPA agree pay
Delta Air Lines and the US Air Line Pilots Association (ALPA) have reached tentative agreement on "industry leading rates of pay" for pilots flying the Next Generation Boeing 737. Delta pilots had threatened not to fly the 72 737-800s on order when deliveries begin next year. Source: Flight International
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Emirates training
Emirates Airlines has agreed a one-year ab initio training contract with Western Michigan University. Eight cadets are to join an Aer Lingus course in August, bringing to 72 the number of international pilots being trained at the US school. Source: Flight International
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Top 50 airlines
Financial performance of the world's top 50 passenger airlines ranked by sales -1997 in US$ million - revised 1 August 1998 Group/Airline Sales ($m) Operating profit/loss Operating margin Net profit/loss Year end 1997 change 1997 ...
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Sempati first to shut down
Sempati Air ceased operations in early June, becoming the second airline casualty of the Asian currency crisis and the first in Indonesia. Transportation minister Giri Suseno broke the news about the shutdown. 'It is impossible for Sempati to continue operations in the current difficult situation,' he told the Jakarta ...
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Island of competition
Air Mauritius still enjoys government protection as the sole local scheduled carrier and has successfully seen off a recent challenge to this position from local upstarts African Island Airways (AIA). The idea for a second, regional Mauritian carrier was first floated in July 1995 by local entrepreneur Georges Chung. ...
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Where's the glue
The major alliance groups are each taking different approaches as they try to balance the need for IT integration against potential divorce. When United Airlines' chairman Gerald Greenwald announced the planned alliance with Delta Air Lines, he pointed to IT as one of the major hurdles that would determine ...
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Are you IT- compatible?
Anybody who has not realised that strategic alliances between airlines are the future of the industry must have been asleep for the last few years. But as the major alliance groups seek to implement the close ties their strategists have planned, they are becoming acutely aware of a painful reality: ...
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No baulking at Balkan bid
Up to five bidders are expected to submit firm offers for Bulgarian national carrier Balkan Airlines, as the next privatisation hits the region. The Bulgarian government says it wants to find a strategic rather than financial investor for up to 75 per cent of Balkan, but adds it would ...
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Taiwan curbs CAL growth
Taiwan's decision to ban new aircraft orders by China Airlines is viewed by industry insiders as designed more for public consumption than any real advance in air safety. Citing the fatal February crash of a CAL jet at Taipei's international airport, the Ministry of Transportation and Communications has temporarily ...
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Cathay coy over partner
Cathay Pacific remains coy about which global alliance grouping it will ally itself with as speculation mounts over potential bedfellows. Cathay's alliance talks are progressing with virtually all major carriers and groupings in the industry, and a decision will be made within six to nine months, says Cathay managing ...
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Chinese join global pack
Chinese flag carrier Air China has become the first Chinese airline to enter fully into an international alliance, but its decision is likely to trigger similar alliance moves from other Chinese carriers. Air China is set to join a strategic alliance with Northwest Airlines and its partners Continental Airlines, ...
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China stops cheap deals
So much for China's experiment with deregulated air fares. Wide-open pricing, which led to discounts of up to 50 per cent, ended in May when the Civil Aviation Administration of China tightened limits on how much airlines could vary ticket prices. Last November the CAAC gave airlines an almost ...
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Comair lists in Jo'burg
Comair is to become the first South African carrier to seek a listing, and is to debut on the Johannesburg Stock Exchange this July. Comair's chairman, Dave Novick, hopes the listing will value the company in excess of R1 billion (US$200 million). A prospectus was expected to be issued ...
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Russian recovery: rough ride ahead
The re-emergence of financial instability in Russia could not have come at a worse moment for the global economy. Although the advanced western economies (except Japan) look robust, much of the rest of the international economy is looking increasingly vulnerable. The crisis in East Asia rolls on, with currencies and ...
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Alliances: three forgotten factors
Stop. Wait. Listen. Think. The whole world is alliance-mad. The fanatical alliance worshippers of this world might think this is heresy, but a fundamental question needs to be asked. Is the crazy web of continuously changing alliance relationships actually going to produce workable results? Alliance-building is basically an egotistical ...