News from FlightGlobal – Page 2553
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Sale to new World order
In a bid to get out of the airline business, WorldCorp is hoping to sell its 59 per cent stake in World Airways and concentrate on its computer business. 'Our parent company has basically taken the lead of its main shareholder group [which wants] to position WorldCorp as ...
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Chill winds hit Geneva
Political niceties have given way to economic realities as Swissair concentrates its longhaul activities in Zürich, moving several international destinations from Geneva. 'There is a change in the economic environment in this business and we are no longer in a position to pay attention to political considerations,' says Martin Bisang, ...
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US smarts at Euro success
The European aerospace industry is flexing its muscles in the wake of the Fokker collapse with an apparent double success in China and the emergence of a real challenge to the monopoly of the B747. Equally significant, the Dutch manufacturer may yet see in 1997, as it continues the search ...
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UK minnows challenge BA
British Airways is facing a double dose of action under European legislation from two of its UK rivals. In a case due before the UK High Court in mid-April, Air UK is suing BA for planning four daily services between London/Gatwick and Edinburgh. Air UK refuses to comment ...
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Tokyo codeshare
All Nippon Airways (ANA) and Delta Air Lines plan a Los Angeles-Tokyo code-sharing/blocked-seat deal, beginning on 1 September, under which Delta will purchase seats on ANA's daily Boeing 747-400 flights and ANA will purchase seats on Delta's six weekly McDonnell Douglas MD-11 flights. Source: Flight International
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Urgency mounts for Alitalia state cash as losses grow
Kevin O'Toole/LONDON THE FULL EXTENT of Alitalia's losing battle with its massive debts became clear as the group revealed further losses for 1995. The extent of the deficit makes an injection of fresh capital essential if the airline is to continue operating. Although the group's headline loss was held to ...
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China wants Airbus Industrie to join AE-100 programme
Paul Lewis/TOULOUSE CHINA HAS ASKED AERO International (Regional) (AI(R)) to modify its regional-jet partnership proposal to include Airbus Industrie, to improve marketing and after-sales support for the planned Air Express AE-100. The involvement of Airbus is among key demands made by Aviation Industries of China (AVIC) during recent discussions with ...
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Cargo conundrum
Steady growth is predicted for world air-cargo market. Guy Norris/LOS ANGELES AIRCRAFT MANUFACTURERS and conversion specialists are watching the burgeoning growth in world air-cargo traffic with eager anticipation. Every forecast points to steady and continuous growth, but not all agree on whether most of it will be ...
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Winglet benefits
Winglets could bring operational benefits to the Boeing 747-200F. Guy Norris/SEATTLE Aviation Partners, a Seattle-based modification company specialising in advanced winglet designs, is developing a lightweight winglet for the Boeing 747-200F. The company predicts that the revised wing could yield a 7% cruise-drag reduction, among ...
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Preaching conversion
Buoyant demand spawns new wave of widebody freighters. Graham Warwick/ATLANTA SO FAR, THE WIDEBODY freighter-conversion market has been dominated by the Boeing 747. Now, a new wave of widebody freighters is being rolled out of modification centres to meet the buoyant demand for cargo aircraft. ...
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Low-cost carriers save passengers $6 billion
THE LAUNCH OF no-frills, low-fare, airlines has reduced the cost of flying for US travelers by $6 billion so far, says a new study by the US Department of Transportation. In cities where low-cost US carriers operate, the average cost of a one-way ticket has dropped by $54 ...
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Ryanair negotiates to find new shareholder
IRISH LOW-FARE airline Ryanair is in discussions with a major airline, thought to be British Airways, for the sale of a 25% stake. An announcement is possible within a month. The move has taken observers by surprise, even though BA has been steadily building its franchise operations through ...
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Bhoja commuter network is close
PAKISTANI CARRIER Bhoja Air, is close to establishing the country's first commuter network, with negotiations to acquire three 50- to 60-seat turboprop aircraft about to be completed, says deputy managing director Syed Hasan. Bhoja Air proposes to base the aircraft in the Punjab and to develop much-needed air ...
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Edelweiss flowers at Luton
NEW SWISS AIRLINE Edelweiss Air has launched a scheduled low-fare service from Zurich to Luton, using two ex-Airtours McDonnell Douglas MD-83 twinjets. The service is part of a city-break package, which also includes Vienna, organised by minority strategic investor Kuoni Switzerland. The five flights a week are also timed to ...
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Air Canada to sell Continental stake
AIR CANADA IS selling its stake in Continental Airlines, for a huge profit, saying that it no longer needs its investment in the carrier now that the US-Canada open-skies agreement is in place. The Canadian airline purchased an 18% stake in Continental in April 1993 for $55 million, ...
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USAir lags in profit stakes
DESPITE THE RECORD profits flowing elsewhere in the US airline industry, USAir slipped back into losses during the first quarter, again highlighting the carrier's need to cut back its high-cost base. Although USAir's $32 million net loss is markedly down on the heavy losses which the group was ...
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Regionals will challenge Dusseldorf ban in court
Gunter Endres/LONDON A DECISION BY Dusseldorf Airport to ban all turboprop flights, irrespective of size, has caused a furore among the dozen regional airlines affected by the decision, announced on 16 April. Some airlines, have applied for an injunction and are expected to be heard by ...
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SAA 777 engine choice delays expansion
Forbes Mutch/JOHANNESBURG DELAYS BY South African Airways (SAA) in confirming its engine selection for seven Boeing 777s ordered in December 1995 have set back the airline's expansion plans and could increase the cost of the order by 20% Boeing says that reluctance by the airline ...
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BA shelves its $1 billion regional-jet purchase
Andrew Doyle/LONDON BRITISH AIRWAYS has postponed a proposed $1 billion order for up to 60 regional jets. The airline says that it has not finished restructuring its regional operations in time for the purchase to go ahead. BA had invited five manufacturers to tender for ...
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Potential buyers gather for Dornier
ELEVEN POTENTIAL buyers, including Fairchild Aircraft and three other unidentified regional-aircraft majors, are talking to Daimler-Benz Aerospace (DASA) about taking a majority stake in Dornier Luftfahrt. According to Gunter Pfeiffer, deputy head of the works council at Dornier's Oberpfaffenhofen site, negotiations could lead to an 80% take-over ...