News from FlightGlobal – Page 2522
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Great Lakes starts
Great Lakes Aviation will begin services from Raleigh/ Durham to Myrtle Beach and Hilton Head, South Carolina, on 1 October as Midway Connection, using 19-seat Beech 1900s. Great Lakes will feed Midway Airlines, which has taken over operation of American Airlines' Raleigh/Durham hub. Source: Flight International
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FAA issues TriStar AD
An emergency airworthiness-directive (AD), requiring checks for cracks or breaks in Lockheed L-1011 TriStar aft pressure-bulkhead stringer fittings, was issued by the US Federal Aviation Administration on 29 August, after the sudden depressurisation of a Delta Air Lines L-1011-1 over the Pacific, en route Los Angeles to Hawaii on 23 ...
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Lifeline for USAfrica?
Just when World Airways thought it was safe to file for US-South Africa traffic rights held by bankrupt and grounded airline USAfrica, along came Continental Airlines. The Houston carrier has given the international startup with clipped wings a lease of life - if it can find the financing and convince ...
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Aircraft news
IFLC has ordered 54 Boeing 737s - a mix of -600s, -700s and -800s. Deliveries will begin in November 1997 and extend to 2004. Elsewhere LOT Polish Airlines has ordered a B737-400 to add to its 11 strong fleet. Aeroflot plans to operate a second DC-10 freighter by ...
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Appointments
Daniel Garton has been appointed as president of AMR Eagle. Garton leaves his position as chief financial officer and senior vice president of Continental Airlines. Boonie Soodik has been named vice president general manager quality for Douglas Aircraft. Richard Smallwood has been named as successor to ...
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EVA's fifth
EVA Air is to use fifth freedom rights to serve Auckland, New Zealand via Brisbane from its home base of Taipei. The once weekly flight will use a Boeing 767-300ER. Source: Airline Business
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World united
In mid December United Airlines will launch the first round-the-world service since Pan Am in 1982. It will link Los Angeles, New York, London, Delhi and Hong Kong. Delhi is a new point of service for United, though the carrier has held dormant rights since it bought Pan Am's Asian ...
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US-UK bilateral
The US-UK bilateral talks have moved forward with London offering three new Heathrow routes and limited access for two new US carriers. US carriers at Gatwick can also move one flight to Heathrow. The UK wants full access for its carriers to Fly America traffic, to which it now has ...
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The strong performers
As more and more airports become profit-driven there is a greater demand for productivity comparisons. Andrew Lobbenberg and Anne Graham present an analysis of 25 European airports.Many European airports have been transformed over the past 10 years. As a sector they have changed from government utilities into a dynamic commercially ...
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Western rethink
After a few early failures, potential western investors are again showing an interest in FSU aviation. But a more upbeat view of future traffic growth is needed. Colin Smith reports.More than three years have elapsed since the demise of the Former Soviet Union (FSU) and the ensuing disintegration of the ...
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Many happy returns
After keen investor interest, Australian flag Qantas was all set to become fully traded on the stock exchange from 31 July, and under immediate intense pressure to provide the projected return on investment. Tom Ballantyne reports.As Qantas began its first twelve months as the world's most recently privatised airline in ...
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Big brother blues
With the collapse of negotiations to buy a stake in Ansett Australia and the future of the single Australasian marlket still hanging in the balance, Air New Zealand must continue to focus on cost control and selective expansion. Report by Tom Ballantyne.Air New Zealand managers like to say the carrier ...
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The right balance
Profits and losses dominate the headlines, but balance sheets give a better long term view of a company's health Ian Milne explains.In the rapidly changing, increasingly results-oriented airline industry most attention is paid to operating performance, in the shape of the profit and loss account, in assessing the immediate success ...
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New game in town
Last November's takeover of the US Congress by Republicans has made for strong partisan politics and even aviation, traditionally a bipartisan affair, is showing signs of rancour. Mead Jennings reports. If there is one person who signifies that Congress now leans to the right following the Republican takeover last November, ...
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More progress
Oh, dear. The 100 largest airlines in the world once again have failed to turn a net profit. It was a close call, but this is the fifth consecutive annual net loss for the carriers in the Airline Business 100. Last year was, of course, a big improvement. ...
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The polarisation of the airline
The polarisation of the airline industry has never been so evident. Among the 92 Airline Business 100 carriers reporting net results for 1994, 62 made money. Yet the other 30 lost enough between them to plunge the industry into a collective net loss for the fifth year running. As well ...
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Thriving markets
For the industry as a whole, 1994 was marked by substantial growth, with passenger traffic for the Airline Business 100 carriers increasing by 8.2 per cent and freight tonne km by 16.3 per cent. However there were some meteors, almost all of them smaller carriers whose revenues place them below ...
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Holding back the tide
Relations between Europe's major airlines and their flight deck crews have reached an all-time low, as pilots resist cost cuts and changes to scope clauses. A return to profit by US carriers looks set to damage relations with their pilots too. Mark Odell assesses the pilots' case.Overpaid, overreacting and overhead. ...
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Financial results
Higher load factors and increased yields combined to produce the increase in revenue. Pretax income doubled to $41.2m but the tax provision rose. The dislocation of American Eagle's fleet due to bad weather and a freak hailstorm affecting 10% of American's fleet cost $23m in net earnings. ...
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Northern Exposure
Alaska Air has slashed its unit costs, revamped its network and moved away from high service levels. Now the carrier must rebuild its balance sheet and rebuff the advances of competitors in an increasingly tough market. Mead Jennings reports from Seattle.John Kelly, president and chief executive officer of Alaska Air ...