News from FlightGlobal – Page 2500
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Finnair maintains strong position
THE FINNAIR GROUP continued its impressive performance improvement in the six months to the end of September. Compared to the same first-half period of 1994, Finnair made a FIM462 million ($110 million) profit before reserves and taxes, against FIM298 million. Turnover increased by 7.7% to FIM3.6 billion, while ...
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Lufthansa posts profits despite continued exchange-rate trials
Andrzej Jeziorski/MUNICH LUFTHANSA achieved a growth in profits for the first nine months of 1995, despite the massive exchange-rate losses which have blighted German industry all year. The German airline's pre-tax profits, before special items, showed a modest DM4 million ($2.9 million) improvement on the corresponding ...
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No 'fire sale' at USAir
Ramon Lopez/WASHINGTON, DC USAir REMAINS receptive to strategic alliances, up to and including a merger with another airline, according to Seth Schofield, the carrier's chairman and chief executive. Speaking after the USAir Group's annual stockholders' meeting, Schofield estimated that the airline will have $1 billion in ...
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New direction for East West
EAST WEST AIRLINES, India's largest private airline, has received Government permission to import four Boeing 737-400s to meet demand for more capacity into Bombay and to service a new Delhi-Hyderabad route. The 737-400s are expected to be leased from Malaysia Airlines. Two are scheduled for delivery in December, ...
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HAECO teams with Rolls-Royce
Paul Lewis/SINGAPORE HONG KONG AIRCRAFT Engineering (HAECO) is to hive off its engine-overhaul business to a new 50:50 joint-venture company to be formed in partnership with Rolls-Royce Aero Engine services. Hong Kong Aero Engine Services (HAESL) is expected to begin operations from I January, 1997. HAECO ...
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Air traffic mismanagement
The Western air-transport industry realised around 1989 that the most enormous commercial opportunity in the entire transition to the Future Air Navigation System (FANS) was opening up before its very eyes: Russia needed a new navigation infrastructure. Since then it has deluged Moscow with advice - some of it wrong, ...
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Strike pressure builds as Boeing deliveries slip
Guy Norris/LOSANGELES PRESSURE IS MOUNTING on Boeing to settle with striking workers, as the production backlog begins to build up and deliveries slow to a trickle. Boeing managed to deliver 11 aircraft in November and 14 in October despite the strike by 32,000 machinists and aerospace ...
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Tajudin Ramli: Malaysian Midas?
Paul Lewis/KUALA LUMPUR WHEN TAJUDIN RAMLI entered the international aerospace arena, he brought with him two essential qualifications for success: vision and cash. In the 18 months since taking the helm of Malaysia Airlines (MAS), Tajudin has shaken the national carrier out of its catatonic existence, masterminded a ...
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McDonnell Douglas flies first Super Hornet
MCDONNELL DOUGLAS (MDC) flew the first F-18E Super Hornet on 29 November, two days ahead of schedule. The first flight, from St Louis Lambert International Airport, was cut short when an environmental control-system warning light illuminated, but the aircraft "...was smooth, precise and easy to control", according to project pilot ...
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Appointments
Swissair has announced that Philippe Bruggisser will replace Otto Loepfe as chief executive officer. Pengiran Haji Bahrin has been appointed new chairman of directors for Royal Brunei Airlines. He succeeds HRH Prince Haji Jefri Bolkiah. America West Airlines has appointed Scott A Davis as vice president ...
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Aircraft news
JAL has ordered five B777-300s to enter service in 1998. The carrier already has 10 B777-200s on order with options on a further 10. Uzbekistan Airways has ordered two B767-300ERs and one B757. The National Civil Aviation Authority of Turkmenistan has ordered two Rolls-Royce powered B757s. ...
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Jamaica jets on
Recently privatised Air Jamaica has taken delivery of the first of six former Delta A310s on lease from Airbus and plans to acquire six A320s in a major capacity increase. The carrier has also bought 80 per cent of regional carrier Trans Jamaica for $3.4 million. Meanwhile, BWIA is re-evaluating ...
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BA top jobs
Robert Ayling will be appointed chief executive at British Airways from 1 January, as Sir Colin Marshall becomes non-executive chairman. Source: Airline Business
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Seoul space
Korean Air and Asiana are to lose their respective monopolies on Seoul-Sydney and Seoul-Saipan, following a Ministry of Transport decision that it will 'double-track' the routes. Meanwhile North Korea has tentatively agreed to allow Delta and Northwest to use its airspace on flights between the US and South Korea. This ...
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French Mex deal
Air France and Aeromexico have signed a block space and codeshare deal, allowing the French flag to sell seats on Aeromexico's three weekly flights from Paris to Cancun. In exchange the Mexican carrier can offer seats on Air France's five weekly Paris-Mexico City services, strengthening the ties between the two ...
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Minnow trouble
EuroBelgian Airlines has complained to the European Commission about Belgium's alleged failure to open up flights to Switzerland. Ryanair's UK-based operation hit trouble when the UK authorities ruled that it could not wetlease an aircraft to GB Airways for the operation. Short-term clearance was given for Ryanair to operate the ...
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Flowers of Asia
Asia-Pacific is awash with new startups and domestic carriers expanding off shore. Tom Ballantyne looks at how big a threat they are to the region's majors.They are like bees attracted to the honey pot, says one executive from a major Asian airline of the rash of new startups swarming to ...
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Going to market
Airport marketing is coming of age, as airports work harder to attract new airlines, new routes and new hub operations. Richard Whitaker reports from the recent route development conference in Cannes. Airports represent the last industry to discover marketing. So says Mike Howarth of Airport Strategy and Marketing which, along ...
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California hotshots
Southwest is again taking the initiative in the US's most densely travelled market, while the performance of Shuttle by United remains unclear. Jane Levere reports. The fireworks that many expected to ignite in October 1994, when Shuttle by United first invaded Southwest's territory on the US west coast, have been ...
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Brave new shoots
The emergence of a new generation of start up carriers in Europe has finally begun. Sara Guild talks to some of the new players and examines their strategies for survival.It's a bit like attending the Academy Awards and not knowing when the envelopes will be opened. European aviation has been ...