Programmes – Page 1158
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And then there were four . . .
The latest 'virtual merger' means four airlines have 70 per cent of the US market. The airline alliance dance has moved into a new phase with the announcement of the virtual merger between Northwest Airlines and Continental Airlines. The entire industry is still trying to digest the implications of this ...
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Enter the eurozone
Airlines need to get to grips with the pricing and IT issues that are posed by the planned arrival of Europe's single currency on 1 January, 1999. Report by Gemini's Keith Turner. A year ago it was debatable whether Economic and Monetary Union (EMU) would ever happen. Since then there ...
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1997 at a glance
January Boeing and McDonnell Douglas announce plans for a $13.3 billion merger. Norwegian travel agents threaten to sue SAS over plans to reduce commissions. Delta Air Lines winds down its Frankfurt hub, ending its intra-European services. Swissair, Austrian, Sabena and Delta establish a revenue pool on the North Atlantic. A ...
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Indians clash over cash
A war of words is developing between the Indian finance and aviation ministries, over whether fresh public funds should be poured into ailing Indian Airlines. The finance ministry is reluctant to back Indian Airlines' restructuring plan, prepared by the Kelkar Committee - India's equivalent of the group of Wise ...
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Mesa faces tough times
A new board of directors at Mesa Air Group is flexing its muscles in a bid to respond to challenges facing the carrier. The airline's new board includes Virgin Express chief executive officer Jonathan Ornstein and Virgin Express director, James Swigart. Larry Risley and his wife, both co-founders of ...
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New Airbus chief
Noël Forgeard has been appointed managing director of Airbus. Forgeard, formerly president of Lagardère and chief executive of Matra, replaces Jean Pierson. Dietrich Russell is now Airbus' chief operating officer. Source: Airline Business
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Labour strife hits Europe
Cancellations are set to continue at Olympic Airlines if the question of staff shortages is not resolved, while labour strife is also plaguing Virgin Express. Olympic's unions are demanding that the airline reinstate the 64 seasonal flight attendants it fired in February. At presstime, the airline was forced to ...
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WestPac to pack it all in
Denver-based Western Pacific has joined the long list of US low cost carriers to bite the dust. The airline has been unable to buy the time needed to turn around since limping into Chapter 11 bankruptcy last year. The US industry has been anticipating Western Pacific's demise for some ...
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Singapore Aircraft Leasing Enterprise (SALE)
Singapore Aircraft Leasing Enterprise (SALE) is to consider a Singapore and New York Stock Exchange listing in 2000 as a capital-raising exercise to help boost its portfolio. Managing director John Willingham says SALE has no definitive plans to list at the moment, although owners Singapore Airlines (SIA), Boullioun Aviation Services ...
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Embraer scoops an $810million order from Business Express
Embraer earned its place as the show's most successful exhibitor in new contract terms yesterday when it revealed an $810-million order from US regional carrier Business Express. This takes the value of Embraer's show announcements to more than $1.3 billion. Over glasses of champagne, Mauricio Botelho, Embraer president ...
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GE joins forces with Eva in overhaul operation
General Electric (GE) has announced a joint venture with Taiwan's second-largest carrier, Eva Airways, to form an engine overhaul and aircraft maintenance joint venture, to be named Evergreen Aviation Technologies (EAT). The Memorandum of Agreement (MoA) was signed in Taipei on 24 February. Eva will hold an 80% share ...
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Multi-billion deal for Airbus?
Airbus and International Aero Engines are believed to have sealed a major multi-billion-dollar deal with three Latin American airlines for 100 A319/A320/A321s equipped with the V2500 turbofan. LanChile of Chile, Taca of El Salvador and TAM of Brazil have joined forces for this particular purchase in an effort to ...
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CFM focuses on loyalty to beat the opposition
"When the customers are happy with you, then they come back to you." That's an observation by Gerard Laviec, CFM International's president and chief executive officer. CFM's overwhelmingly strong position in the narrowbody market seems to bear that out, but what Laviec now has to concentrate on is maintaining that ...
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No brakes on Messier-Bugatti in global market
Asian Aerospace exhibitor Messier-Bugatti (Stand A411), which is owned by Snecma, is now the world's leading supplier of carbon brakes, with around 30% of its possible global market. Airbus has certified Messier-Bugatti carbon brakes for each of its aircraft types and Dassault also specifies them for the Mirage 2000 ...
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Pierson a popular winner in aerospace industry awards
There was unanimous approval from the packed aerospace industry audience at the Shangri-La Hotel last night as Jean Pierson, the president and chief executive of Airbus Industrie, was named as the Aerospace Personality of the Year. Pierson, who retires from Airbus at the end of next month, has been ...
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Q and A with Sikorsky's Gene Buckley
As president and chief executive officer of Sikorsky Gene Buckley, left, is one of the most influential men in the aerospace industry today. He talked to Paul Derby about his attitude to the fierce competition which exists in the helicopter market, his views on the future of the RAH-66 Comanche ...
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Textron confirms buying of Boeing helicopter business
Bell Helicopter Textron confirmed at the show yesterday that it is to buy a "substantial portion" of Boeing's commercial helicopter business. The deal, agreed by the two companies in the USA on Wednesday, will see Bell acquire the MD-500 and MD-600 series of turbine singles, but excludes the MD-900 ...
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Hamburg boost lifts Airbus to a record level of output
The Hamburg final assembly line of the Airbus Industrie A321 and A319 is to raise production from six aircraft a month to 11 by the end of this year. It will mean that together with the A320 line in Toulouse, Airbus will achieve a record 18 single-aisle aircraft a ...
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Loadmaster demand prompts opening of Alabama factory
Ayres is opening a new factory in Dothan, Alabama to help produce its Ayres Load'master LM20 cargo carrier, it was announced at the show yesterday. Construction is due to start shortly once financing is complete. The factory will eventually employ up to 500 people to help the organisation meet ...
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Battle
Reacting to the news, European competitors say the consolidation underlines existing battle lines. "We are used to fighting our corner in this market," says Eurocopter's Marc Jouan. "We have great confidence in our products and we see nothing to change that view." Sikorsky president Gene Buckley has already taken ...