News from FlightGlobal – Page 2538

  • News

    TWA are set to file anew

    1995-07-01T00:00:00Z

    A second trip into bankruptcy protection appears inevitable for Trans World Airlines. For months, carrier executives have been trying to corral creditors into supporting an ever changing plan that would see the airline enter bankruptcy with a pre-packaged debt restructuring for the second time in three years. This ...

  • News

    USAir boost: BA doubts

    1995-07-01T00:00:00Z

    The winding down of Continental Lite has helped USAir increase yields and bounce back into profitability, and the airline now has agreements with three out of its four unions. However, the proposed employee board representation has thrown up a potential conflict with partner British Airways. Investors in USAir, ...

  • News

    Euro pilots strike out

    1995-07-01T00:00:00Z

    Continuing management efforts to cut the European majors' operating costs are resulting in clashes with pilots at KLM, SAS and Alitalia. If pilots do not concede the need to reduce costs, carriers may seek alternatives. KLM is insisting on a longterm programme to cut its aircrew costs, which ...

  • News

    Africa's Alliance prepares to launch scheduled services

    1995-06-28T00:00:00Z

    Kevin O'Toole/LONDON ALLIANCE, THE NEW African long-haul venture led by South African Airways (SAA), is gearing up for the launch of scheduled services in July, and says that new routes and aircraft are likely to follow. The venture has its origins in protracted talks between ...

  • News

    Impact of high-speed competition: the real threat

    1995-06-28T00:00:00Z

    Sir - Andrew Chuter is right to warn the airlines of the impact of high-speed rail services (Flight International, 7-13 June, P94). The real danger threatening domestic and short-haul European services, does not come from the TGV high speed train, however, but from the willingness of governments to sink ...

  • News

    BA poised for Gatwick relaunch

    1995-06-28T00:00:00Z

    David Learmount/LONDON BRITISH AIRWAYS IS TO base an additional eight wide bodied aircraft at London Gatwick Airport, to fly routes transferred from the carrier's premier international hub, Heathrow. Robert Ayling, BA's managing director, says that, with a growth rate of 6% a year and severe ...

  • News

    Back to break-even

    1995-06-28T00:00:00Z

    The world airline industry ended 1994 close to break-even, but cost of reduction is still top of the agenda. Kevin O'Toole/LONDON At times, it seemed that it would never happen, but the world airline industry at last appears to have ended its record run of ...

  • News

    Finnair leases DC-10s to Air Liberte

    1995-06-28T00:00:00Z

    FINNAIR IS TO LEASE its entire McDonnell Douglas DC-10 fleet to French airline Air Liberte. The agreement covers four aircraft on a five-year lease. The deal will net Finnair revenues of around FM140 million ($32 million) a year. Air Liberte has been leasing one of the four DC-10s ...

  • News

    Air Macau goes for Airbus

    1995-06-28T00:00:00Z

    AIRBUS INDUSTRIE has won a close fight with Boeing to provide aircraft for start-up carrier Air Macau, which is to begin operations soon after Macau's first international airport opens for business in November. Air Macau is to lease two A320s and two A321s, both powered by International Aero ...

  • News

    Row delays FedEx Subic Bay opening

    1995-06-28T00:00:00Z

    Ramon Lopez/WASHINGTON DC FEDEX HAS DELAYED by 30 days the scheduled 3 July opening of its Subic Bay, Philippines, hub because of a bilateral-air-services dispute between the USA and Japan After a hiatus in talks between the two nations over Japan's refusal to let FedEx ...

  • News

    ValuJet adds four more

    1995-06-28T00:00:00Z

    DC-9s to fleet US LOW-FARE operator ValuJet Airlines has purchased four additional McDonnell Douglas (MDC) DC-9s. The total cost of the aircraft, including installation of hushkits and completion of ValuJet and federal-mandated modifications, is expected to be about $18 million. The previous operators were Alitalia and ...

  • News

    Europe on course for TCAS by year 2000

    1995-06-28T00:00:00Z

    Julian Moxon/PARIS Ramon Lopez/WASHINGTON DC EUROCONTROL IS TO recommend mandatory introduction to Europe of an aircraft collision-avoidance system from the 2000, after a 26 June meeting of its committee of management. The move had been expected, and is supported by the European Joint Airworthiness ...

  • News

    Lufthansa Expands

    1995-06-28T00:00:00Z

    Lufthansa has extended its network in the CIS with the introduction of passenger and cargo flights to Baku, capital of Azerbaijan. Lufthansa and Lufthansa Cargo, have begun operating a joint twice weekly Airbus A320 service, from Frankfurt to Baku. Source: Flight International

  • News

    Australia-Hong Kong row escalates

    1995-06-28T00:00:00Z

    A MAJOR ROW between Hong Kong and Australia over Qantas' fifth-freedom rights beyond Hong Kong has moved to open confrontation, raising the prospect of a total ban on all flights between the two countries by their respective carriers. Hong Kong had imposed a limit of 50% of Hong ...

  • News

    Embraer plans an August roll-out for the EMB-145

    1995-06-28T00:00:00Z

    EMBRAER WILL roll out the prototype EMB-145 regional jet at its Sao Jose dos Campos plant on 18 August. All ground tests, are scheduled to be completed by late July, leading to a first flight in August according to the manufacturer. The 13-month, 1,100h, flight-test programme is to ...

  • News

    Fokker reveals regional-twinjet configuration

    1995-06-28T00:00:00Z

    FOKKER HAS revealed the configuration of the new 120-seat regional twinjet it is now studying with Daimler-Benz Aerospace (DASA), Aviation Industries of China and South Korea's Samsung. The Dutch manufacturer says that the aircraft would supplement the lower end of the Airbus family and the upper end of ...

  • News

    Transavia gains, misses targets

    1995-06-28T00:00:00Z

    TRANSAVIA AIRLINES blames declining fares and rising costs outside its control for failing meet its profit targets in the year to 31 March. Net profits were Dfl23.5 million ($16.5 million), just 0.7% ahead of the 1993/4 figure and well below the 15% margin targeted by the airline. Transavia ...

  • News

    FAA approves FANS-1 package

    1995-06-28T00:00:00Z

    THE US FEDERAL Aviation Administration has issued a formal type certificate for Boeing's future air-navigation system (FANS-1) installation package for Rolls-Royce-powered Boeing 747-400s. The system provides for automatic position reporting and other operational communication by satellite from anywhere in the world. The FANS-1 incorporates a comprehensive flight-management-system ...

  • News

    First 737-400 delivered to JAL

    1995-06-28T00:00:00Z

    JAPAN AIRLINES (JAL) HAS TAKEN DELIVERY of its first Boeing 737-400. The aircraft, the first of four 737-400s ordered by the Japanese flag carrier, will enter service in September on domestic routes, primarily from Osaka's Kansai International Airport. The services will be operated in conjunction with Japan TransOcean Air, 51%-owned ...

  • News

    IATA forecasts record airline profits

    1995-06-28T00:00:00Z

    Kevin O'Toole/GENEVA THE international airline industry could be on course to turn in the highest profits in its history if over-capacity continues to decline, according to predictions from the International Air Transport Association (IATA). IATA estimates that its members made a net profit of $1.8 ...