News from FlightGlobal – Page 2496
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Growing ambitions
Emirates has achieved a phenomenal rate of growth during its first ten years, achieving profit in all but its second year. Paul Phelan/Dubai Since its inception in 1985, Dubai-based Emirates Airlines has, on average, doubled in size every three and half years and made a profit in all ...
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Coming of age
The Orient Airline Association, after years of relative silence, has now found its voice. Oriental airlines are finding strength in unity Paul Lewis/BRISBANE The Orient Airline Association (OAA) has been in existence for some 40 years, but only in the past 24 months has it ...
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Delta, Continental consider merger options
Delta Air Lines and Continental Airlines are refusing to comment on widely publicised reports that they are negotiating a possible merger that would create the largest airline in the world. The talks, reportedly initiated by Continental several months ago, are at an early stage, and lesser options are ...
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Reforming Liberte
TAT president Marc Rochet prepares to lead British Airways' challenge in France. Julian Moxon/PARIS By the beginning of 1997, Marc Rochet, president since August of British Airways French subsidiary TAT, is likely to find himself president of the largest privately owned airline grouping in France. He is ...
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Airbus and Boeing vie to modernise Indian Airlines
State-owned Indian Airlines has take the first step towards a massive overhaul of its fleet by informing manufacturers in late November that it is to replace its ageing fleet of Boeing 737-200 and A300B2/B4s. The 15 737s are operated by the recently created Indian Airlines subsidiary, Alliance ...
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Sarajevo delay
Crossair has postponed its planned launch of scheduled services between Zurich and Sarajevo after deciding that the Bosnian airport does not yet have in place an adequate approach system, snow clearance or de-icing. The Swiss regional carrier now plans to begin flights in January. Source: Flight International
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Tunnel boost
The temporary closing to passenger traffic of the Channel tunnel, which connects France and the UK, has resulted in a significant increase of air traffic between the UK and continental Europe. British Airways, British Midland and Air France have all boosted capacity to Paris, the former by 25%. On the ...
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Dragonair A330
Hong Kong's fast-growing regional carrier Dragonair is planning to acquire a sixth Airbus A330-300 for delivery in 1998. The airline is negotiating with Airbus to convert an A330 option already held by its sister carrier Cathay Pacific Airways. Source: Flight International
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Cathay Pacific
Martin Cubbon has been appointed general manager for corporate finance at Cathay Pacific Airways. He is now finance manager at Swire Pacific. He succeeds Kenny Tang, who will become chief operating officer at Air Hong Kong, which is 75% owned by Cathay. Source: Flight International
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Singapore Air
Moses Lee Kim Poo, permanent secretary (Ministry of Labour) has been appointed an additional director to the Singapore Airlines board. Source: Flight International
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SATENA orders three Fairchild Dornier 328s
State-owned Columbian domestic airline Servicio de Aereonavegacion a Territorios Nacionales (Satena) has placed an order for three Fairchild Dornier 328 turboprops as part of a fleet modernisation programme. The company has ordered the 328-120 version, with improved hot-and-high performance, to allow services to small fields at remote ...
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CAAC refusal on Airbus forces Xinjiang to turn to Boeing fleet
Paul Lewis/BEIJING China's Xinjiang Airlines is waiting for central Government approval to order up to 15 new Boeing 737s and 757s after being refused permission to purchase Airbus A320/A321s. The Urumqi-based carrier urgently needs new aircraft to revamp its fleet and to phase out older Russian-built ...
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Garuda to float shares in 1998
Delivery of A330s has been pushed back as Garuda prepares to float Paul Lewis/SINGAPORE The long-delayed privatisation of flag carrier Garuda Indonesia is now planned for December 1998, according to the country's finance minister Marie Muhammad. The size of the initial public offering remains ...
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September profit as Lufthansa ends poor year
Lufthansa recovered some of its poise in the September quarter with a steady profits performance, but doubts that its full-year results will be able to match the record earnings of 1995. The group suffered an unexpected tumble in profits during the first half of 1996 as the anticipated ...
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Meridiana fights for profit with cost cutting and employee share scheme
Meridiana Is Cutting Its DC-9 Fleet But Adding MD-82 Italy's second-largest airline, Meridiana, is fighting to stay in profit as high operating costs and declining domestic traffic threaten major losses in 1997. The carrier made a L25 billion ($16.5 million) pre-tax profit in 1995, but expects ...
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Sextant Avionique pins hopes on its ATM business
Julian Moxon/Paris Sextant Avionique expects its fast-growing air-traffic-management (ATM)-systems business to net more than a one-third share of the market and add nearly Fr500 million ($100 million) in sales by the end of the century. Sextant and its parent, Thomson-CSF, launched a major initiative at ...
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Viasa plans await employee approval
Julia Hayley/MADRID Iberia's plan for restructuring loss-making Venezuelan airline Viasa, which includes cuts to jobs and routes, has been approved by the other major shareholders, but must now be cleared by the employees by 15 January. Iberia put forward the plan in a bid to recover ...
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Virgin Express plans 25-aircraft order
Virgin Express has opened talks with manufacturers over its fleet-renewal plans, which could see the European low-fares airline take up to 25 new aircraft over the next five years. The Brussels-based airline is looking at options to acquire Boeing 737-700s, Airbus A319/ 320s or McDonnell Douglas MD-80/95s, says ...
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Lockheed Martin Aeronautical Systems
L-100 Hercules The L-100-30 is the civil version of the C-130 Hercules military transport. It is certificated under US Federal Aviation Rules Part 25 to carry 97 passengers when appropriately modified or manufactured. The passenger version has structural re-inforcement, windows, additional doors and cabin amenities, plus ...
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Shanghai Aviation Industrial (SAIC)
SAIC is the prime Chinese contractor for the TrunkLiner co-production programme with McDonnell Douglas, under which it is assembling 20 MD-90-30s for the Chinese market at its plant in Shanghai. Chinese industrial participation in the SAIC MD-90 programme involves three Chinese companies producing sub-assemblies - Xian Aircraft: wing ...