News from FlightGlobal – Page 2569
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Air France to prune fleet
Julian Moxon/PARIS AIR FRANCE is to cancel all its outstanding orders and options for Airbus and Boeing aircraft, and sell part of its existing fleet as part of the restructuring plan, introduced by its president, Christian Blanc. The programme, introduced in 1994, has already succeeded in reducing ...
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Boeing warns over production cuts
Kevin O'Toole/LONDON BOEING EXPECTS airliner sales to fall again this year and warns that production rates may have to edge down further if some financially troubled US airlines fail to recover. The airlines have not been named by Boeing, but Continental Airlines has admitted that ...
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Fiinding the way
The only surprise in the regional-airliner tie-up between Aerospatiale, Alenia and British Aerospace is that it is happening. The tie-up does not represent the end of the restructuring of the European regional-airliner industry, but the beginning of a new route for which there are, as yet, no maps. By including ...
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Alitalia steps up pressure on pilots
ALITALIA IS understood to be preparing to wet-lease further Boeing 767s, unless its pilots agree to accept a package of concessions on wages and working practices. The Italian carrier has already leased two 767s, together with crews from Ansett Worldwide Air Services (AWAS) to fly on transatlantic routes. ...
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Leasing success boosts turnaround for BAe regional-aircraft operations
BRITISH AEROSPACE'S success in turning round its ailing regional-aircraft operations has been further underlined by a record performance from its leasing organisations, which manage the regional jet and turboprop fleets still held on the group's books. The idle fleet of BAe 146 regional jets has been eliminated ...
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Leisure Air flies to Chapter 11
LEISURE AIR, a Winston-Salem, North Carolina-based carrier, grounded temporarily by the US Federal Aviation Administration in November 1994, has filed for Chapter 11, bankruptcy protection. The airline, which operates scheduled and charter flights, voluntarily suspended flight operations after the FAA completed a special weeklong safety inspection, which found ...
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DOT scales back the Clinton way
In targeting the Department of Transportation for halving from its 1993 level, the Clinton administration is not only seeking to get ahead of the Republican-controlled Congress in its frenzy to downsize federal government, it is also courting opposition from airlines and airports. Transportation secretary Federico Peña has announced the administration's ...
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ANZ weighs Oz options
Air New Zealand is believed to be close to deciding on a bold strategic move towards domestic operations in Australia, despite Canberra's shock decision late last year to abandon the proposed Australia-New Zealand single aviation market. Sources say ANZ majority shareholder Brierley Investments Ltd is considering two options, ...
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Sense stems Pacific pride
South Pacific island governments are finally taking steps to stem the flow of red ink that has bedevilled most of their tiny national airlines for the past decade. At presstime, aviation officials from the dozen isolated nations were studying a comprehensive new report designed to set them back ...
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Africa set for key changes
With Zambia's government admitting defeat in maintaining its national carrier, new contenders have lost little time in proposing a replacement. And Kenya Airways is readying itself for the transfer of up to 80 per cent of the state holding into the private sector. A joint venture carrier between ...
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Crisis over - don't let up
Airline industry fortunes may be on the upturn, but much work remains. Here are our 10 commandments. At long last, there's something to be optimistic about. For many airlines, traffic has returned, costs have been cut, and the bottom line is looking, well, better than it has for a ...
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Still not free to handle
The European Commission may have finally produced a directive aimed at dismantling the European ground handling monopolies, but its application is at least three if not six years away. Instead, Brussels will continue to pursue complaints with traditional methods, as it has with its most recent action against the Greek ...
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Deciphering key codes
Results of the US Department of Transportation's analysis of codesharing are being portrayed as a reaffirmation of US international aviation policy, which promotes crossborder airline alliance-building. However, many aviation officials are questioning the methodology of the study and its findings. The econometric analysis, performed by Gellman Research Associates, ...
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TWA hits more snags
Highly publicised problems at TWA and numerous successes at Northwest Airlines do not tell the full story at either carrier. TWA, though in the midst of a difficult financial restructuring in an attempt to stave off bankruptcy, may not be compromised in its negotiating position. Northwest is still carrying a ...
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Air Namibia Bonn threat
Air Namibia may have to suspend its only intercontinental service amid charges of arm-twisting by Bonn officials which leaves German carriers in a dominant position. The airline, which entered the long-haul market only four years ago, says it may have to cease operating its three times weekly Windhoek-Frankfurt-London ...
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French cut to make point
Two years after the third package came into effect, so-called competition came to the French domestic market with a bang - although some would argue it was a publicity-motivated whimper. Air Inter and Air Liberté entered into a widely reported price war on the Paris/Orly-Toulouse route. But TAT ...
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US shapes and wavers
Canada's intent to liberalise its bilateral with the US will give transportation secretary Federico Peña his first major foreign policy success. And moves in Brussels over the US open skies proposal to nine European nations may add impetus to resolve the dispute over how to address codesharing in the offer. ...
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Mexico feels the peso bite
The catastrophic devaluation of the peso against the US dollar at the end of December has made matters worse for the Mexican airline industry. The economically precarious Aeromexico-Mexicana consortium, now being run by its creditor banks, is especially at risk. The good news being trumpeted for Mexican carriers ...
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Support for the customer
The creation by Airbus of a new finance corporation has focused more attention on the arcane world of manufacturer support. David Knibb reports.The decision by Airbus Industrie to form a separate finance corporation raises questions about the attraction and use of such units. Ten billion dollars worth of customer support ...