Programmes – Page 1105
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News
FLEET
Asian SALES - Singapore Aircraft Leasing Entreprise (SALE) has acquired a new Boeing 777-200 under a sale and leaseback deal with Korean Air. SALE has also delivered the first of two 737-300s to Singapore's SilkAir under a similar arrangement. The second aircraft is scheduled for delivery in April. Fortis ...
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SIA halts bid for CAL
Shareholders in Singapore Airlines (SIA) breathed a sigh of relief early in January when the carrier announced that it had withdrawn from discussions to buy shares in Taiwan's China Airlines (CAL). As SIA's share price rose on the news, CAL's fell on concerns that long-running plans for a badly-needed ...
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Privatised Austrian to look east
Austria has revived plans to privatise it flag carrier in a move that will boost its expansion eastwards. The government is to relinquish its majority holding Austrian Airlines after it decided not to participate in a Sch3 billion ($240 million), capital raising programme. The state will remain the largest ...
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easyJet sees black
Privately owned easyJet has finally turned a profit, but the publication of its first set of results has provoked scepticism and speculation that it may soon be up for sale. The carrier's 1998 pre-tax profit of £2.3 million ($3.8 million) on a turnover of £77 million, appears to belie ...
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French ambition
With a pilot deal under its belt, the French national carrier is now moving ahead with a flotation. But a global alliance still escapes the airline, while there are also doubts over its ambitious expansion plans. When in the autumn of 1997 former Air Inter boss, Jean-Cyril Spinetta, was ...
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Express yourself
As Delta Express heads for its third year of operation, not all industry observers share the group's optimism for this experiment in setting up a low-fares, airline-within-an-airline. Passengers on Delta Express aircraft wave dollar notes in the air when they see the flight attendant coming down the aisle. Having ...
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End of an era
After the demise of the Japanese leveraged lease, the markets for tax based aircraft leasing are being shut down one by one. What other sources of funding will replace tax leasing and will they be as cost effective? All good things must come to an end and that time ...
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Little hope of early US-UK open skies
A sceptical but curious US delegation is preparing once again to sit down with UK aviation representatives in mid-February for informal talks on open skies, although the mood in Washington is pessimistic. While the USA now has more than 30 open skies agreements in place around the world, a ...
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A final flurry of orders
Despite the gathering gloom, 1998 turned out to be another bonanza year for jet airliner sales. As the year-end totals rolled in, it became clear that Airbus and Boeing had managed to net the second largest bag of orders on record. That may raise few cheers from an airline industry ...
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Are there dangers in duopoly?
As Airbus again draws closer to Boeing, are there risks from an airliner duopoly? Whatever else the Airbus and Boeing year-end figures may have revealed, there is one fact that remains inescapable. The market for large civil aircraft is now a straight fight between two fairly evenly matched manufacturers. Conventional ...
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ROUTES
Chicago service - All Nippon Airways is to launch Tokyo-Chicago services on 13 April. The daily non-stop service will be run with Boeing 747-400s, seating 319. It will be the sixth US destination for ANA, after New York, Los Angeles, San Francisco, Washington DC and Honolulu. Round the world ...
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India ditches joint board
An attempt by their joint board of directors to bring Air-India and Indian Airlines together under a single holding company has provoked a furious response from the Indian Government. Heading off what it saw as a management attempt to begin merging the two state-owned carrier's, the government swiftly dissolved their ...
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News in brief
Mood not so good - It will be "another good year for the US airline industry", according to Moody's credit ratings agency, but growth in Europe and the USA will be slower and profits lower than last year. Asia still faces "a difficult environment", except China. EVA's early recovery ...
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News in Brief
BA/JAL link - British Airways and Japan Airlines have inked a strategic partnership agreement that will take effect from 1 April. Initially covering codesharing on JAL's Osaka-London service from "late summer", it moves the Japanese carrier closer to a place in the oneworld alliance. JAL has strong ties with all ...
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Necon Air Caravan crashes on take-off in Nepal
A Cessna 208 Caravan of Nepalese regional carrier Necon Air has crashed on take-off from Jumla, killing four of the 12 passengers and crew. The Nepalese Government has appointed a team of investigators, headed by Hari Bhakta Shrestha, joint secretary at the Ministry of Tourism and Civil Aviation. The ...
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COPA completes deal for 12 new Boeing 737-700s
COPA has finalised a deal to acquire 12 new Boeing 737-700s through order and operating leases. The carrier will re-equip its fleet completely and expand services to Central and South America. The privately owned Panamanian carrier has ordered eight 737s from Boeing and will lease a further four aircraft, ...
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Croatia Airlines nears alliance
Andrew Doyle/ZAGREB Croatia Airlines is finalising a strategic tie-up with a major European flag carrier as the next stage in its plans to establish Zagreb as a regional hub for destinations in the former Yugoslavia. The move comes hard on the heels of the acquisition by the Croatian ...
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JAL realigns to face aggressive market
Andrzej Jeziorski/SINGAPORE Japan Airlines (JAL) is expanding its international services and delegating more regional routes to its low cost subsidiaries as it braces itself against increased competition at home and abroad. The carrier says the major catalysts for intensified competition are the emergence of new domestic Japanese carriers ...
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Marketplace
-CIT Group has delivered two Stage 3 hushkitted Boeing 727-200s to Champion Air on seven-year operating leases. -Cabot Aviation has arranged the sale of a 16-year-old, ex-TAP Air Portugal Lockheed L-1011 TriStar 500 to Canadian charter airline Air Transat. The aircraft has been delivered, following a C check, and will ...
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Routes
-Southwest Airlines is introducing direct flights from Nashville to Fort Lauderdale and Seattle from April, and direct services from Chicago Midway to Houston and Phoenix in May. -Continental Airlines will launch a daily direct service from New York Newark to Tel Aviv in August, using Boeing 777-200s. This will be ...