News from FlightGlobal – Page 2503

  • News

    China approves foreign investment in Hainan

    1995-11-29T00:00:00Z

    Paul Lewis/SINGAPORE THE CHINESE Government has, for the first time, allowed a foreign investor to buy into a Chinese airline, with the approval of a 25% share sale in Hainan Airlines to American Aviation Investment, a fund led by US financier George Soros. According to ...

  • News

    Brymon fleet decision imminent

    1995-11-29T00:00:00Z

    BRYMON AIRWAYS is to decide on a major fleet re-equipment programme in early December, with proposals being considered from ATR and Bombardier. Mike Jones, the Plymouth-based British Airways subsidiary's managing director, says that, if Brymon decides to stay with Bombardier, it will replace three of its five de ...

  • News

    State aid boosts Air France performance

    1995-11-29T00:00:00Z

    Kevin O'Toole/LONDON THE EFFECTS OF THE initial installments of state aid have begun to appear in the Air France results, with the carrier posting a modest pre-tax profit for the first half of it financial year. It warns that there will be redundancies to come, however. ...

  • News

    Lufthansa sells its 737 Advs to Jetz

    1995-11-29T00:00:00Z

    LUFTHANSA IS selling its 19 remaining Boeing 737-200 ADVs to US leasing firm JETZ. The aircraft were among those, which Lufthansa originally planned to sell to Indonesia before the sale stalled when the Delaware-based company offered "a better deal". The aircraft will be handed over starting in May ...

  • News

    Cathay to take test A330s

    1995-11-29T00:00:00Z

    AIRBUS INDUSTRIE will modify and refurbish two of its A330 test and development aircraft for commercial use by Cathay Pacific Airways. The revamped aircraft will fulfil a recent Cathay Pacific order for two additional A330 twinjets. The carrier is already taking delivery of nine Rolls-Royce Trent 700-powered A330s, ...

  • News

    Air New Zealand takes on the competition

    1995-11-29T00:00:00Z

    AIR NEW ZEALAND has responded to growing competition on routes between New Zealand and Australia by introducing a new service operated on behalf of its wholly owned subsidiary, Mount Cook Airlines. Mount Cook will wet-lease a Boeing 757 from UK charter operator Britannia, flying from Hamilton and Dunedin ...

  • News

    Austrian plans expansion for CIS

    1995-11-29T00:00:00Z

    AUSTRIAN AIRLINES is planning a significant expansion of operations east of Moscow over the next 12 months. The carrier is hoping to add CIS Republics Uzbekistan and Tajikistan to its list of destinations, says company vice-president Helga Tomaschtik, while conceding that the talks are still in the early ...

  • News

    Qantas is anxious to limit ANZ Ansett stake

    1995-11-29T00:00:00Z

    Paul Phelan/CAIRNS QANTAS IS PRESSING The Australian government to limit Air New Zealand's stake in Ansett to 25% - the same ceiling applied to British Airways' equity in Qantas in 1993 As Australian and New Zealand governments study the ramifications of Air New Zealand's move ...

  • News

    Too much too soon?

    1995-11-29T00:00:00Z

    The outbreak of massive orders must surely have made the last quarter of 1995 a dream for aircraft salesmen - but does it mean a return to nightmares for airframe and engine manufacturers? Probably the biggest single fear for a manufacturer, after that of not having any orders, is that ...

  • News

    THAI competitor

    1995-11-29T00:00:00Z

    Thailand's Council of Economic Ministers has approved the establishment of a second national airline to compete on international routes with state-owned flag carrier Thai Airways International. The council has proposed granting a new operator a four-year licence, subject to final Government approval. Source: Flight International

  • News

    Qantas

    1995-11-29T00:00:00Z

    Australian national airline Qantas is to reshuffle its senior-level domestic and international operations management from 1 December. Gordon Howlett, executive general manager for international operations, will become executive general manager for national operations. Colin Hughes, group general manager for national operations, will become group general manager for international operations. Howlett ...

  • News

    Are low fares, just pie in the sky?

    1995-11-29T00:00:00Z

    Sir - The question of fare levels - in which the public should take a great interest - is an important issue. There is talk about a "low-fare philosophy" and Ryan Air is operating to Glasgow, the second-densest route in Europe, at fares lower than those established for ...

  • News

    Burlington expands

    1995-11-29T00:00:00Z

    US cargo carrier Burlington Air Express took over Roadway Global Air's domestic fast-package business on 20 November following Roadway Services' decision to discontinue air-freight operations. Burlington will acquire Roadway's San Jose, California, operation and will use an additional aircraft to handle the extra 182,000kg/day of cargo. Source: Flight ...

  • News

    Amphibian start-up

    1995-11-29T00:00:00Z

    New Middle East regional carrier City Link plans to begin downtown-to-downtown services between Abu Dhabi and Dubai by the end of the year, using two float-equipped Cessna Caravan turboprop singles. Three new Caravan amphibians are on order for delivery in 1996. Source: Flight International

  • News

    Knight expands

    1995-11-29T00:00:00Z

    UK regional airline Knight Air says that it is to replace two of its three Embraer Bandeirantes with British Aerospace Jetstream 31s in March, boosting its capacity by 30%. Knight will lease the 17-seat twin-turboprop J31s from BAe subsidiary JSX Capital. Source: Flight International

  • News

    SAS will hushkit DC-9s despite 737-600 order

    1995-11-22T00:00:00Z

    Andrew Doyle/LONDON SAS IS TO HUSHKIT ALL of its remaining McDonnell Douglas DC-9s by January 1997, despite having placed an order for up to 76 Boeing 737-600s earlier this year (Flight International, 22-28 March). The carrier has been forced to take action as Scandinavian airports ...

  • News

    A330 sales hiatus filled

    1995-11-22T00:00:00Z

    AIRBUS INDUSTRIE HAS broken a three-year A330 sales drought, with Gulf Air's order for six Rolls-Royce Trent 772-powered aircraft. The six A330s are scheduled for delivery to the Bahrain-based carrier from 1998 onwards. The aircraft will configure to seat 267 passengers in a three-class layout, and they will ...

  • News

    Saudia focuses on regional selection

    1995-11-22T00:00:00Z

    Saudi Arabian Airlines is focusing attention on the long-awaited selection of a new 50- to 70-seat regional aircraft, following the finalisation of its $6 billion purchase of larger-capacity US-built jet airliners. The national carrier has a total requirement for up to 30 aircraft, but is expected initially to ...

  • News

    BWIA International goes for Airbus mix

    1995-11-22T00:00:00Z

    Kevin O'Toole/LONDON BWI International Airlines (BWIA) has settled on a mix of Airbus aircraft including three A340s for its fleet replacement, overturning an earlier announcement that it had selected Boeing types. President Ed Wegel says that the first two A340s will arrive in a year's ...

  • News

    Laker sets a date for new venture

    1995-11-22T00:00:00Z

    SIR FREDDIE LAKER plans to start his new "Regency Service" across the North Atlantic on 29 March 1996, using McDonnell Douglas DC-10-30s. The emotive "Skytrain" title, used on his collapsed 1980s' operation, will not be revived, nor will the image of cheap travel. This time around, Laker is ...