News from FlightGlobal – Page 2560
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GE90-powered 777 reaches Mach 0.96 in dive
THE GENERAL ELECTRIC GE90-powered Boeing 777 reached Mach 0.96 during a high-speed dive in February, as part of a faster-than-expected expansion of the aircraft/engine flight envelope. "We are well into the test schedule. In fact we're already at the point that we'd normally be at six weeks into ...
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Iberia plan calls for partial sale by 1997
Kieran Daly/LONDON IBERIA'S LATEST restructuring plan now being considered by the European Commission (EC) includes a proposal to sell off one-quarter of the carrier by early 1997. The move is part of the airline's proposal to allow it to receive a Ptas130 billion ($1 billion) cash ...
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UK CAA backs breather for 707s/DC-8s
Kieran Daly/LONDON THE UK GOVERNMENT is considering recommendations which would give operators of Boeing 707s and McDonnell Douglas DC-80-50s temporary waivers from European noise restrictions. Civil Aviation Administration proposals now with UK transport secretary Brian Mawhinney would give 12-month dispensations to about 75% of the dozen ...
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PWA scales back profit forecast
PWA, THE PARENT OF Canadian Airlines, has scaled down profit forecasts for this year, following a higher-than-expected net loss for 1994. The group still expects to swing back to a net profit in 1995, but warns that this is likely to be in the region of C$52 million ...
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USAir sells off 11 Boeing 737-300s
USAIR IS SELLING 11 Boeing 737-300s to General Electric Capital (GECC). Terms of the transaction have not been disclosed. The financially ailing US carrier says that the aircraft sale is part of a plan to cut operating costs by at least $1 billion annually. It says ...
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Air New Zealand starts returning grounded 737s to service
AIR NEW ZEALAND (ANZ) expects to be back to full capacity by 12 March, following the grounding of ten Boeing 737-200s with Nordam hushkits (Flight International, 22-27 February). The aircraft were grounded following a series of turbine failures on the Nordam-hushkitted Pratt & Whitney JT8D-15A in a six-month ...
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Midway plans to lease A320s to operate from Raleigh-Durham
MIDWAY AIRLINES is to operate a fleet of Airbus Industrie A320s from its new hub operation at Raleigh-Durham Airport, North Carolina, recently acquired from American Airlines. The Chicago-based carrier is initially leasing four International Aero Engines (IAE) V2500-A1-powered A320s from Orix. The first two A320s will arrive in ...
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Canada will introduce charges for overflights
THE CANADIAN Government is to introduce overflight charges to airlines using its airspace, as part of a restructuring in advance of the privatisation of its Air Navigation System (ANS). The Government confirms that it will privatise its C$800 million ($575 million)-a-year ANS when it releases its plans for ...
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Passenger growth has accelerated, says FAA study
A NEW US FEDERAL Aviation Administration's 12-year growth forecast for US commercial aviation shows that passenger numbers grew faster in 1994 than at any time since 1987. "The commercial-aviation industry breathed a collective sigh of relief in fiscal year 1994 as most sectors of the industry recorded their ...
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Swissair in regional/charter shake-up
Andrzej Jeziorski/MUNICH SWISSAIR HAS HANDED over its regional-jet operations to its Crossair subsidiary. In a second strategic move, Swissair and Crossair will absorb the loss-making charter flights of Balair/CTA - effectively ending the latter's operations. Both moves are aimed at cutting costs and restoring group profitability. By the ...
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Hexcel re-emerges
Composites specialist Hexcel, which emerged from Chapter 11 bankruptcy protection in February, turned a $64.3 million operating loss into a $7.5 million profit in 1994. Net losses were cut from $86 million, to $30 million. Source: Flight International
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Transaero gives warning on profit shortfall
INDEPENDENT RUSSIAN airline Transaero has warned that its 1994 financial results will fall short of targets laid out at the start of the year. Although passenger numbers more than doubled, to over 530,000, Transaero president Dr Alexander Pleshakov says that the airline was affected by "an unfair taxation ...
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Boeing seeks waiver over head-impact rules
BOEING HAS requested a temporary exemption from US Federal Aviation Administration head-injury criteria (HIC) certification rules for some economy-class seats on the 777 until May 1996. The company, like others, has been struggling for some four years to find ways of meeting the HIC requirements and has experimented ...
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ARIA faces privatisation
Paul Duffy/MOSCOW PRIVATISATION AND fleet renewal remain at the top of the agenda for Aeroflot-Russian International Airlines (ARIA), says chief executive Vladimir Tikhonov. He adds that the first step in the privatisation process will take place shortly with the issue of shares to airline's staff. Employees ...
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Evergreen sale
Evergreen International Airlines is to sell its all-cargo routes to China to FedEx, subject to US Department of Transportation approval. FedEx, which will become the only US express-package carrier with rights to serve China, plans to lease two Boeing 747s from Evergreen. Source: Flight International
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Orient Express growth
The Orient Airlines Assoc-iation has reported an 11% growth in average passenger traffic for its 15 member carriers in 1994. Average passenger-load factors were up by 1% on the previous year, to 69.44%, while freight traffic increased by nearly 17%. Passenger capacity rose by 9.18%. Source: Flight International
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Appointments
Ian Shiu has been named as general manager marketing and sales at Dragonair. Tom Davenport has been appointed to head up the Pratt & Whitney and MTU mid-thrust family engine project. Edmond Soliday has been named as United's vice president corporate safety and security. ...
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Orders/Leases
All Nippon Airways has ordered 10 Airbus A321s with eight options for delivery from 1998. At the same time the carrier deferred delivery of five A340s, due to begin in 1996, to beyond 2000. Biman Bangladesh Airlines has ordered two A310-300s powered by PW4000 engines. Delivery is scheduled ...
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United Thai up
United Airlines and Thai Airways International have linked their frequent flyer programmes, but a fully fledged alliance is still dependent on settling the stalled US-Thai bilateral. Source: Airline Business
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Falcon fledged
Gulf Air has launched its frequent flyer programme, Falcon, to Gulf Cooperation Council residents and has plans to expand to other countries throughout 1995. The carrier has settled for a standard three-tier membership system. Source: Airline Business