News from FlightGlobal – Page 2314
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News
Another new airline enters Bangladeshi regional market
The newly deregulated airline industry in Bangladesh has seen a second new airline entering the regional market. Air Parabat has been set up by Bangladeshi industrial group Karim, with funding provided by Bangladeshi private bank IFCB. The airline launched operations from Dhaka at the end of December 1997, using ...
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Vietnam's new clothes
Vietnam Airlines has revamped its image, unveiling a new corporate identity on one of its Boeing 767-300s. The logo will eventually be applied across its entire fleet. The airline operates 767s, Airbus A320s, Fokker 70s and Aero International (Regional) ATR 72s on its network of regional and international services. During ...
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Britannia will rule carrier Blue Scandinavia after take-over
Andrew Chuter/LONDON CONTROL of Swedish charter operator Blue Scandinavia is to pass to Britannia Airways following the acquisition by Britannia's sister organisation, Thomson International, of Swedish tour operator Fritidsresor. The UK airline is also expanding its new charter operation in Germany. Thomson International, part of the Canadian-owned Thomson ...
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Cathay plans lay-offs as fortunes plummet
Cathay Pacific Airways plans to begin laying off about 800 of its ground staff towards the end of this month, as the airline's fortunes continue to nose dive and the Hong Kong-based carrier faces the possibility of recording a first-half loss in 1998. The planned 800 redundancies will affect ...
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El Al takes MD-11 on short-term lease
El Al will boost its long- haul fleet later this year, with the lease of a Boeing MD-11 from World Airways. The MD-11ER will be introduced in June on an aircraft, crew, maintenance and insurance lease from World. The aircraft will be operated for El Al through to October ...
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European Aviation buys two 747s from British Airways
European Aviation has concluded a deal worth an estimated $6 million to purchase two Boeing 747-100s from British Airways. The UK-based aircraft-trading and spares specialist is also close to finalising deals for other widebodied aircraft. The company, which has purchased the two 24-28-year-old 747s with their Pratt & Whitney JT9D-7A ...
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P&W is main beneficiary as ILFC spends $2 billion on engines
General Electric, Pratt & Whitney and Rolls-Royce have won business worth around $2 billion as International Lease Finance (ILFC) finalises engine deals for aircraft ordered in 1997. The orders cover powerplants for Airbus Industrie A319s, A320s, A321s and A330s and Boeing 737s, 747-400s, 757s, 767s and 777s. P&W is ...
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JAS will cut domestic routes to reduce losses
In a move reflecting the gradual deregulation of the country's air-travel industry, financially troubled Japan Air System (JAS) is to scale back domestic operations this year. An airline source says that JAS is putting the finishing touches to a plan likely to reduce service on 40 to 50 routes by ...
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S Korean carriers drop routes
South Korea's two national carriers are making sweeping cutbacks in international services, as the country's economic difficulties increase. Air New Zealand (ANZ), Ansett International and Qantas have suspended all flights from Australia to Seoul. Asiana Airlines has announced a complete halt to services from Seoul to Europe until at ...
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MEA revises A310 lease agreement
Middle East Airlines (MEA) has agreed a revised deal with Singapore Aircraft Leasing (SALE) over the five-year lease of three Airbus A310-200s. The new agreement reduces the price of the lease from $39 million to $34 million. Agreement has been reached as investigations by the Lebanese public prosecutor into alleged ...
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Marketplace
++ Aer Lingus has signed an agreement with World Airways to provide a Boeing MD-11 on wet-lease to be operated on services between Ireland and the USA between May and October 1998. Aer Lingus has an option to renew the lease for the same period in 1999. ++British Midland has ...
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Pan Am revamps strategy with Boeing 737 focus
Pan American World Airways is looking to build on its fleet of Boeing 737s now that it has grounded most of its Airbus A300B4s, and suspended its New York-Los Angeles flights so that it can concentrate on a north-south route network. Pan Am found that the widebody 250-seat A300s ...
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SAA prepares to rethink 777 purchase
Kevin O'Toole/LONDON South African Airways (SAA) has widened the brief of the task force set up to re-evaluate its fleet plan to include new Airbus A330/A340 types. This confirms that the long-delayed order for Boeing 777-200s could be revised. The airline says that it will include a smaller ...
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Workshop
++ AMR Eagle's Regional Aircraft Maintenance Center, located at the former K I Sawyer AFB, Michigan, will perform C checks on 12 Aero International (Regional) (AI(R)) ATR 72s turboprops operated by Atlantic Southeast Airlines. The work began in early December 1997, and each aircraft visit will last for between five ...
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Air France profits roll but alliances come under EC scrutiny
Air France's transatlantic alliances have become the latest to come under scrutiny by the European Commission (EC), although the French flag carrier is pressing ahead with its expansion, buoyed by its recent financial turnaround and the prospect of a private cash injection. Regardless of the EC inquiry, Air France ...
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Olympic tackles management problems
Julian Moxon/Paris Olympic Airways is stepping up efforts to resolve its latest management problems in an attempt to unblock its final tranche of state aid and to prepare the airline for the pending liberalisation of the domestic Greek air market. The state-owned carrier lost another president in late December and ...
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Swissair 'back in profit' in 1997
Andrzej Jeziorski/MUNICH The SAir Group says that its core Swissair airline operations are due to show a profit for the first time in eight years when the 1997 results are revealed. The airline points to soaring load factors, which have climbed to 70% from just above 60%, as ...
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Battle stations
Boeing's decision to continue the development of the former McDonnell Douglas MD-95, in the new guise of the 717, has effectively redrawn the battle lines in its war with Airbus Industrie. This takes the civil-aviation giants to a new battleground where their tussle for market supremacy can be continued. ...
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Airbus and Boeing take course for record production figures
Kevin O'Toole/LONDON Graham Warwick/WASHINGTON DC Airbus and Boeing are on course for record production levels in 1998, with the two manufacturers gearing up for a combined output of 785 aircraft. If achieved, production would improve on the peak of the last boom in 1991, when, along with McDonnell Douglas, the ...
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MD-95 re-emerges as Boeing 717
Guy Norris/LOS ANGELES Boeing has finally committed to the future development of the 100-seat MD-95, renaming the twinjet as the 717, to bring it within the expanded Boeing airliner family. The "birth" of the 717 follows an extended phase of the post-merger strategy review of McDonnell Douglas (MDC) products, during ...