News from FlightGlobal – Page 2342
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Control system keeps a handle on stock
Mark Hannant British Airways Engineering Logistics Centre at London's Heathrow airport is a hive of activity. Each week it handles and ships more than 100 tonnes of aircraft spare parts. Keeping track of the movement of such a huge volume of traffic requires a complex system. And that ...
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Farnborough to celebrate with a record
It is an expression which says that Farnborough '98 can top the record-beating event two years ago which saw $12 billion worth of business announced. Society of British Aerospace Companies director general David Marshall is clearly in an upbeat mood as he tries out the seat of Tiger Moth ...
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New South Korean aerospace firm confirmed
South Korean conglomerates Daewoo, Hyundai and Samsung have agreed to merge their individual aerospace divisions, creating a newcompany to be equally owned by the partners. Park Jong Wook, assistant manager for international finance at Samsung, says a memorandum of understanding has been signed on the establishment of the as-yet ...
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State-of-the-art systems cut costs
Steve Nichols SITA is showing airshow visitors how its latest IT and telecommunication systems can cut aircraft operating costs and increase operating efficiencies. The company (Hall 1, Stand D37) is using Farnborough to demonstrate its AeroNet intranet service and launch its publicly-accessible web site (www.sita.net). Designed as ...
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IAE celebrates 1000th V2500
International Aero Engines will mark the delivery of its 1,000th V2500 engine today in a celebration ceremony at the show. The engine is being delivered to Lufthansa. The ceremony will cap what is proving to be an exciting year for IAE. The company has clocked up six new customers this ...
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Bombardier wins orders of $700m
Mike Martin Bombardier got Farnborough '98 off to a flying start yesterday with two orders worth a total of more than $700 million. The first is for 27 Canadair Regional Jet 200 and 700 series aircraft from Atlanta-based Atlantic Southeast Airlines (ASA) worth $575 million. The second order ...
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Air France and MEA reinforce accord with code-sharing deal
Julian Moxon/PARIS Air France and Middle East Airlines (MEA) have finalised a cooperation accord which will initially see the two airlines operating together on the route between Paris Charles de Gaulle and Beirut. The two airlines are old allies, the French carrier having held a 28.5% stake in MEA ...
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Asiana studies joint venture to boost finances
Asiana Airlines is considering a joint venture proposition from General Electric Capital (GECAS) to sell and lease back its diminishing fleet of Boeing and Airbus Industrie aircraft, as the cash strapped South Korean carrier's parent, Kumho Group, looks for ways to refinance the business. The proposal would involve Asiana ...
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BWIA links up with Continental for revamp
Graham Warwick/WASHINGTON DC BWIA International Airlines has signed a memorandum of understanding on a code-share agreement with Continental Airlines as part of a three-year strategic revamp to make the Caribbean carrier profitable. Talks have also been held with Delta Air Lines, but Continental "-is the preferred option", BWIA says. ...
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JAL debates global alliance
Paul Lewis/Singapore Japan Airlines (JAL) is putting the final touches to its new code-share agreement with American Airlines, but is still debating the merits of joining British Airways, Cathay Pacific Airways and Qantas to form a planned new global alliance. The two carriers are due to sign an ...
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Fiji Airways stays on the ground after lease deal failure
Planned start-up airline Fiji Airways is once again facing an uncertain future. The carrier has failed to secure two leased aircraft from Singapore Airlines (SIA), in the face of continued delays in gaining approval from the Indian Government for flights between Bombay and London. Under a letter of intent ...
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Hong Kong tackles long haul rostering
The Hong Kong Civil Aviation Department (CAD) is planning pioneering new rules on maximum permissible flight hours and minimum stand down periods, which will require Cathay Pacific Airways to overhaul crew rostering for long haul flights. Cathay has until 30 November to submit its response to the CAD 371 ...
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KLM uk goes on the offensive
KLM uk has struck back at Stansted-based rival Go by revealing the first phase of a revamp of operations at its London hub. The airline says it aims to tackle the low-fare division of British Airways head on, with an increase in frequencies to Edinburgh, Scotland, to seven services a ...
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EC views Malpensa transfer as anti-competitive
The European Commission's (EC) transport directorate has ruled against Italy's plan to transfer the majority of airlines now operating at Milan Linate to the new hub at Malpensa. Transport commissioner Neil Kinnock says the Italian transport ministry decree forcing airlines with routes on which fewer than 2 million passengers ...
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Pilot unions unite
The Alliance Coalition, a grouping of pilot unions, was formed on 26 August to represent the interests of around 24,000 pilots possibly affected by the proposed British Airways/American Airlines alliance. This will include sharing collective bargaining agreements and development of a global strategy. Employees of 11 airlines are represented: Aerolineas ...
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SAA chief urges government protection
Hilka Birns/CAPE TOWN South African Airways (SAA) chief executive Coleman Andrews has urged Pretoria to cut jet fuel prices and use regulatory powers to defend SAA on international routes while it reorganises its fleet and network. Andrews told a parliamentary committee that SAA could save up to R80 ...
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Asia crisis misses Lufthansa and SAirGroup
Andrzej Jeziorski/MUNICH The Asian economic crisis has failed to dent the performance of two of Europe's flag carriers, with Germany's Lufthansa Group and Swissair owner SAir Group showing big increases in pre-tax profits for the first six months of 1998. The Lufthansa Group's pre-tax profits on ordinary activities ...
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Kitty Hawk cuts it fine in bid to acquire Southern Air Transport
Ramon Lopez/WASHINGTON DC Kitty Hawk has revealed plans to purchase Southern Air Transport (SAT) after merger negotiations unexpectedly broke off between financially ailing SAT and Fine Air. Dallas, Texas-based Kitty Hawk, a charter passenger and cargo carrier which recently acquired American International Airways and other Kalitta companies, agreed ...
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Sporty Games
So British Airways has at last placed an order with Airbus Industrie, some 30 years after the European consortium was conceived with the primary aim of building an aircraft for BA's predecessor, British European Airways (BEA). The fiercely fought battle between Airbus and Boeing for this much prized order ...
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Back to basics
Paul Lewis/SEOUL & SINGAPORE Asia's embattled aerospace industry will likely reflect on 1998 with utter dismay. Once-bold Asian aeronautical ambitions to be a global player have been confined to the scrapheap after a series of setbacks. The focus is now on a post mortem examination to determine if and ...