News from FlightGlobal – Page 2506
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BA shrugs off US doubts
Kevin O'Toole/LONDON BRITISH AIRWAYS chairman Sir Colin Marshall shrugs off uncertainties over the fate of its US partner USAir, although he admits that the UK carrier has few clues over the likely outcome of the United and American Airlines approaches to the US airline. "We ...
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Air India makes loss and expects worse to come
AIR INDIA SWUNG firmly back into the red in the first half of its financial year, and losses could rise higher depending on the outcome of wage negotiations with pilots and ground engineers. First-half losses of $23 million are expected to double when the airline reports for its ...
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First GE90-powered 777 is ready for BA
Kevin O'Toole/LONDON THE FIRST GENERAL Electric GE90-powered Boeing 777, is finally ready for its long awaited delivery to British Airways, after clearing certification on both sides of the Atlantic The first BA aircraft was due to touch down at London Heathrow on 12 November, as the ...
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Airbus prepares for shortened A330 launch launch imminent
Julian Moxon/PARIS AIRBUS INDUSTRIE IS preparing to launch the shortened version of the A330 long-range wide body twinjet "before the end of the year", for service entry in 1998. The manufacturer has been pushing to launch the 250-seat A330-M10 as soon as the market showed sufficient ...
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Virgin draws up regional shortlist
VIRGIN ATLANTIC Airways has stepped up its plans to launch a European regional airline based in Brussels, Belgium, by selecting a shortlist of possible aircraft suppliers. The move follows presentations in October by Boeing, British Aerospace Asset Management Organisation (the jet-leasing arm of BAe), Fokker, Avro Aerospace and ...
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EVA order signed
Eva Air of Taiwan has formally signed a contract to purchase six McDonnell Douglas MD-90s. The previously announced deal calls for the delivery of the first aircraft in October 1996 and the final two by the first quarter of 1997. Source: Flight International
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Air Greece almost breaks even after first year of operation
AIR GREECE, one of the new batch of privately owned Greek start-up carriers, says that it came close to break-even over its first year of operations to September 1995. The airline had sales of GDr2.1 billion ($9 million) over the year, carrying nearly 121,000 passengers on its scheduled ...
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Brunei plans to expand
THE BRUNEI Department of Civil Aviation (DCA) is drawing up a three-phase expansion plan to develop the country's airport into a regional hub. Brunei wants to develop the airport following the formation of the East ASEAN Growth Area (EAGA), formed between Indonesia, Malaysia and the Philippines. Under the ...
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Road to Damascus
Lord Hesketh, the charismatic chairman of British Mediterranean Airways, celebrates the airline's first anniversary in style. Guynter Endres/BEIRUT and DAMASCUS BRITISH MEDITERRANEAN Airways' charismatic chairman Lord Alexander Hesketh might not be the archetypal airline boss, but he has achieved success in one of the ...
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Vnukovo completes privatisation
Paul Duffy/MOSCOW VNUKOVO AIRLINES has become the first of Russia's state-owned carriers to complete its privatisation, with the sale of a 41% stake to a Russian investment company for $150 million. The holding was purchased by VIL, a little-known Russian trading company, after the privatisation auction ...
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AeroMexico reverses losses despite passenger decline
AEROMEXICO, FRESH from its financial restructuring, has delivered a third-quarter net profit, despite another heavy fall in passenger numbers. The Mexican airline turned around 1994's losses to end the September quarter with net profits of NP143 million ($20 million). The result leaves the carrier close to break-even so ...
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Northwest action to block hostile bids angers KLM
Kevin O'Toole/LONDON SPECULATION OVER an impending shake-out in the US airline industry has sharpened with attempts by Northwest Airlines to put a cap on the amount any one shareholder can own in the carrier. The move has already run into controversy, with Northwest's partner KLM preparing ...
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Lufthansa to establish Munich hub
Andrzej Jeziorski/MUNICH LUFTHANSA IS planning to introduce intercontinental flights and broaden its European services from Munich, Germany's third-largest airport. The move will effectively turn the Bavarian capital into the airline's second hub after Frankfurt, says Lufthansa. The carrier cites Munich Airport's modern infrastructure, positive development forecasts ...
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New York bound
Cathay Pacific Airways plans to launch its long-awaited service to New York from 1 July, 1996, following the recent signing of a new air-services agreement between Hong Kong and the USA. The service will operate five times a week via Vancouver, initially with a Boeing 747-400. The Hong Kong carrier ...
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JAL and ANA deliver an upbeat message
Japan Airlines (JAL) and All Nippon Airways (ANA) have given upbeat reports for the first half, reflecting signs of recovery in the Japanese economy. JAL's sales grew by a healthy 6.7% over the six months to September and the airline is forecasting that revenues for the full 1995/6 ...
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S Korea presses China on choice of Western partner
Paul Lewis/SEOUL SOUTH KOREA IS pushing to reach an agreement with China by mid-November on the selection of a Western partner to help develop the planned Airexpress AE-100 passenger jet. The Korean Commercial-Aircraft Development (KCDC) consortium and Aviation Industries of China (AVIC) are under pressure to ...
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Estonia inaugurates London Gatwick service
ESTONIAN AIR has started scheduled services between Estonian capital Tallinn and London. The arrival of the Boeing 737-500 at Gatwick Airport on 2 November marked the first-ever service between the two cities. Four flights a week are operating to London, two of them via Copenhagen. The Estonian national ...
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JAL orders stretched 777-300
JAPAN AIRLINES HAS ordered five stretched Boeing 777-300s in a deal worth $800 million. It already has ten 777-200s on order, with options for a further ten. The first -200 Model will enter service in the second quarter of 1996, with service entry for the stretched -300 planned for 1998. ...
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Canadian airlines fill capacity
CANADIAN AIRLINES' pilots have ratified a new three-year labour agreement which will save the carrier around C$41 million ($30 million) a year. Under the deal, the carrier's 1,200 pilots have accepted a 5% cut in pay in exchange for shares in the airline. The deal was ...