News from FlightGlobal – Page 2382
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News
Austrian Airlines looks at Tyrolean take-over
Austrian Airlines may double its stake in Innsbruck-based regional carrier Tyrolean Airways to 85.7%. The flag carrier says, however, that it has had no confirmation of local press reports suggesting that businessman Gernot Langes-Swarovski, who holds 42.85%of Tyrolean, plans to sell his shares. Austrian holds a ...
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workshop...
++ Florida-based AeroCorp has won heavy maintenance work for 30 Boeing 727s from two airlines. American Trans Air has agreed a 20 aircraft "nose-to-tail" deal worth $15 million covering maintenance of its 727s for 1997 and 1998. Sun Country has signed a similar agreement, worth more than $5 million, covering ...
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Aer Lingus gears up to offer strategic alliance proposals
Aer Lingus confirms that it will present proposals to its state owners by the end of the year on a strategic alliance, but the Irish flag carrier stresses that no decisions have yet been made on whether that would include an equity stake. As part of a broad ...
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Chek Lap Kok fees create conflict
CONTROVERSY IS mounting over the level of user charges proposed for Hong Kong's new Chek Lap Kok (CLK) Airport, with airlines and the tourism lobby arguing that the rise in fees would damage competitiveness. The concerns surfaced in the Hong Kong Legislature's 1997/8 budget debate, with concerns voiced ...
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Dasa improves but continues with loss
Daimler-Benz Aerospace (Dasa) stayed in the red during 1996, ending the year with an operating loss of DM196 million ($114 million) after a poor performance from the military-aircraft and missiles businesses. The result continues the improvement made after 1995, when charges from the withdrawal from the Fokker regional ...
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Government fall stirs Indian civil-aviation confusion
India's civil-aviation policy has again been thrown into doubt following the fall of the country's United Front Government, which came only weeks after a ruling that foreign airlines would have to sell any shares held in Indian domestic carriers. India's acting aviation minister, C M Ibrahim, passed the ...
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Undue influence?
MOST MANUFACTURERS must dream of having exclusive supply deals with prestige customers. Most prestige customers probably do not dream of such deals - and they certainly should not. In the long term, these agreements (while undoubtedly attractive for both sides in the short term) could be seriously damaging to the ...
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Airbus sets deadline for engine decision on A340-500/600
Airbus Industrie is targeting the end of April for a final decision on a new engine for the A340-500/600 growth derivatives, clearing the way for the programme to be officially launched at the Paris air show in June. The European consortium is in talks with Rolls-Royce and Pratt ...
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Gap widens between Airbus and AVIC on A318/AE100 direction
Clear differences have begun to emerge between Airbus Industrie and Aviation Industries of China (AVIC) over the longer-term direction of the proposed A318/AE100 programme, with the European consortium pressing for the development of a smaller, rather than larger, aircraft. Negotiators from Airbus subsidiary joint venture, Airbus Industrie Asia ...
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Aeroflot plans to create a regional-hub network
Aeroflot-Russian International Airlines is considering setting up a series of regional hubs in an attempt to break the dominance of Sheremetyevo Airport at Moscow in its network. The widening of its domestic-flights network in Russia and the CIS are two major factors in Aeroflot's strategy to improve efficiency. ...
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BA is first to pick Roll-Rolls 'hybrid'
British Airways has become the first airline to select the Rolls-Royce RB.211-524HT "hybrid" engine, having signed a letter of intent (LoI) with the UK manufacturer specifying the powerplant for 14 Boeing 747-400s, ordered in September 1996. The engine deal will be worth more than $500 million to R-R, ...
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Continental will choose DC-10 replacement soon
CONTINENTAL Airlines says that it could enter a long-term sole-supplier pact with Boeing in the process of picking an aircraft to replace the airline's ageing fleet of 27 McDonnell Douglas DC-10 passenger aircraft. Gordon Bethune, Continental's chairman and chief executive, says that he is initially seeking 40 aircraft ...
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Crossair considers launching airline in France
Swissair regional airline Crossair is studying launching a new airline to be located in France. It would be majority-owned by French investors to get round Switzerland's non-membership of the European Union (EU). Crossair says that it will "...decide on our plan of action in late June." It says ...
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Messier-Bugatti scores brakes-orders success
French aircraft-brake maker Messier-Bugatti has signed orders with seven airlines for its Sepcarb III carbon brakes. China Northwest, Constellation, Croatia Airlines, Iberia, Star Europe, Transasia and Zhejiang Airlines have all, within a month, ordered Sepcarb brakes for Airbus A319s and A320s, on a total of 58 aircraft. ...
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Judge by market, not political agenda
Sir - I read the article "The big question", referring to the Boeing 747 versus the Airbus A3XX (Flight International, 19-25 March, P29). The debate really should centre on the cost of acquisition and return on investment. For example, a 747-400 on a Hong Kong-Europe flight may be ...
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Airline Navigation '96 - a...
Airline Navigation '96 - a Flight International/Air Navigation International Conference 9-11 October, Amsterdam, Netherlands. Contact: The Conference Desk, First Conferences, 5th Floor, 85 Clerkenwell Road, London EC1R 5AR, UK; tel: +44 (171)404 7722;fax: +44 (171) 404 7733;email: confdesk@1stconf.co.uk. what's on 12th Annual Seaplane Safety Seminar 26 April, Lake Hood, Alaska, ...
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Weight of the world
Until 1993, the world of freighter wet-leasing was an obscure one. This relatively minor niche in the air-transport business had few participants, most of them well-established, specialist all-cargo carriers. In 1993, however, Michael Chowdry, chairman and chief executive of Atlas Air, entered the scene with a "lone flyer" ...
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Centre of excellence
The market for cargo conversion of widebodied aircraft has been booming recently, as suitable aircraft have become available at the "right price" to make conversion programmes cost-effective. Although the Boeing 747 has been the prime candidate, the European specialists have developed conversions for the smaller, twin and tri-jet widebodies, the ...
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Explosive progress
On 5 May, 1987, a British Aerospace 146-200QT "Quiet Trader" freighter operating between Prestwick in the UK and a hub at Nuremburg, Germany, launched the European freight operations of Australia's TNT Transport group, which now trades as TNT Express Worldwide. In the ten years since then the company has established ...
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Varig restructuring effort begins to pay dividends
Varig's tough restructuring measures now appear to be bearing fruit, with the Brazilian carrier reporting an underlying profit for 1996 and looking for expansion this year backed by a fleet refurbishment and a new codeshare agreement with United Airlines. The Varig figures are complicated by the issue of ...