News from FlightGlobal – Page 2567
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News
FlightSafety sets up pilot school in China
FLIGHTSAFETY International is to establish an airline training centre in Kunming, south-west China, in a joint venture with Xingyun's Yunnan Tobacco Group. Kunming FlightSafety Aviation Training is expected to be operational in the fourth quarter of 1996, equipped with Boeing 737 and 757/767 flight simulators. FlightSafety, which will ...
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Finnair share oversubscription restores optimism
THE LEVEL OF interest in the Finnair share issue has fuelled optimism that investors are regaining confidence in Europe's airline market. The state-controlled Finnish carrier reveals that the issue was more than twice oversubscribed and says that it has raised the volume of shares on offer to the ...
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Back to the boom?
Are early indications of an approaching boom in aircraft markets premature? Kevin O'Toole/LONDON Recession is barely over, yet many are already beginning to dust off the bunting ready to welcome back another boom in aircraft markets. Whether the reality of the coming year lives up to this early ...
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Questions of cash
Signs of recovery in the airline market may be encouraging talk of a future boom in aircraft ordering, but the industry still has to tackle the ticklish question of where the cash will come from. Even on conservative estimates of aircraft deliveries, the sums involved will be vast. ...
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FlightSafety sets up pilot school in China
FLIGHTSAFETY International is to establish, an airline training centre in Kunming, southwest China, in a joint venture with Xingyun's Yunnan Tobacco Group. Kunming FlightSafety Aviation Training is expected to be operational in the fourth quarter of 1996, equipped with Boeing 737 and 757/767 flight simulators. FlightSafety, which will ...
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News
Finnair share oversubscription restores optimism
THE LEVEL OF interest in the Finnair share issue has fuelled optimism that investors are regaining confidence in Europe's airline market. The state-controlled Finnish carrier reveals that the issue was more than twice oversubscribed and says that it has raised the volume of shares on offer to the ...
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News
Back to the boom?
Are early indications of an approaching boom in aircraft markets premature? Kevin O'Toole/LONDON Recession is barely over, yet many are already beginning to dust off the bunting ready to welcome back another boom in aircraft markets. Whether the reality of the coming year lives up to this ...
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News
ANA re-jigs aircraft orders in fleet plan
Paul Lewis/SINGAPORE ALL NIPPON AIRWAYS (ANA) has announced major new aircraft purchases, order deferrals and cancellations, resulting from a review of its fleet requirement up to 2000 and beyond The changes cover the purchase of 18 new Airbus A321s and A320s and Boeing 767s and ...
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Second production Citation X flies
A SECOND PRODUCTION aircraft has joined Cessna's flight-test programme for the Citation X high-speed business-jet. By the end of January, the Wichita, US, manufacturer had logged some 535h on 355 flights of the prototype and first two production aircraft. The second production Citation X was flown for the ...
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Cambodian ex-minister attacks creation of RAC
Paul Lewis/SINGAPORE CAMBODIA'S RECENTLY concluded joint-venture agreement with Malaysian Helicopter Services (MHS) to relaunch Royal Air Cambodge (RAC), has been attacked as unconstitutional by the country's former finance minister Sam Rainsy. He claims that the deal, giving MHS a 40% stake and virtual operational control ...
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Pilot worries force FAA action over runway aid
Kieran Daly/LONDON A KEY ELEMENT of the USA's airport-capacity enhancement programme is being held up following unexpected difficulties in using it operationally. The precision runway monitor (PRM), has an electronically scanned (E-scan) radar, with a high update rate, to permit independent approaches to closely spaced, ...
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Swissair runs into turbulence over Sabena alliance
FURTHER controversy has blown up around Swissair's alliance talks with Sabena, following the disclosure that the Swiss carrier is planning to make a revised offer which will include a call for "substantial" Belgian Government help in recapitalising its national carrier. "Swissair will formulate a new offer later this ...
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US airlines remain in the red
Kevin O'Toole/LONDON THE US AIRLINE industry again failed to produce the long-awaited return to profitability in 1994 as carriers paid for their latest round of restructuring. Two airlines, USAir and Continental Airlines, have warned of further job losses and aircraft deferrals to come. With most ...
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Emergency landing mars 777 test success
Guy Norris/LOS ANGELES JUBILATION OVER THE "flawless" first flight of a General Electric GE90-powered Boeing 777 on 2 February was overshadowed by an incident on another 777 test aircraft which was forced into an emergency landing at Boeing Field later the same day. Boeing launched ...
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Delta/Virgin code-share approved
Graham Warwick/ATLANTA THE US DEPARTMENT of Transportation (DoT) has approved Delta Airlines' space/code-sharing deal with Virgin Atlantic Airways, for which Delta first applied in April 1994. The agreement will give Atlanta, Georgia-based Delta its first access to London Heathrow through seat blocks purchased on Virgin ...
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Air Inter springs profit surprise
FRENCH DOMESTIC airline Air Inter unexpectedly recorded a profit during 1994, the first positive result for four years. On a turnover of Fr11.74 billion ($2.24 billion), the airline made a Fr21 million profit, when a loss of around Fr100 million had been predicted. The improved figures were because ...
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Taiwan Bilaterals
Taiwan has concluded a bilateral air-service agreement with Switzerland, under which Swiss Air Asia will operate three flights a week between Zurich and Taipei from 7 April. It has also signed an agreement with Italy to start twice-weekly flights. China Airlines and privately owned EVA Air are competing for the ...
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Austrian Airlines
Austrian Airlines has confirmed that it is to acquire four 79-seat Fokker 70s, with options on a further four. Deliveries of the first two Rolls-Royce Tay-powered aircraft are due in September and October 1995, with the second pair to arrive in March 1996. The type has now attracted 44 orders ...
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Caribbean Start-Up
Start-up Caribbean regional carrier, Carib Express, is to begin services on 15 February, employing 100 staff. The first of its British Aerospace BAe 146s was due to arrive on 10 February, permitting daily services between Barbados, Dominica, Grenada, St Lucia and St Vincent. The second and third aircraft are due ...
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Continental Cuts
Continental Airlines cut its average daily departures, from 2,283 to 2,115 on 10 January, in line with previously announced capacity cuts aimed at saving $150 million a year. The cuts included commuter division Continental Express and low-cost operation Continental Lite. Source: Flight International