Programmes – Page 1249
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News
Aviastar Asia opens up for Tu-204 business
AVIASTAR ASIA (AAC), a new joint venture involving Russian aircraft-production company Aviastar and several South-East Asian financial institutions, opened its office in Taipei on 24 July. The consortium will provide leasing, financial and technical support for the Tupolev Tu-204, which is assembled in Ulyanovsk. AAC is planning to ...
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GATX investment partnership orders 737s and 757s
AN INVESTMENT partnership formed by GATX Capital has placed $1.2 billion-worth of orders and options for up to 23 Boeing 737-800s and 757-200s. GATX Capital's Air Group will manage the partnership, which includes Heller Financial and Kanematsu. Additional partners will be named at a later date, says ...
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Turnaround in Mexico
Mexicana is 75 years old this year Geoffrey Jones/MEXICO CITY MEXICANA, THE OLDEST airline in North America, celebrates its 75th anniversary this year. Under the new leadership of chief executive Fernando Flores, Mexicana has an optimistic vision for the future as it consolidates its market strengths, both ...
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Aircraft news
Garuda Indonesia has signed orders for six Boeing 777-200s, to be delivered between 1997 and 1999, and 17 B737-300s and B737-500s, planned for delivery between 1997 and 1999. It also has taken options on six B747-400s. Egyptair's additional order for three Boeing 777s is for delivery between May and August ...
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Appointments
James P Kelly has been elected chairman and chief executive officer of United Parcel Service. Isaac Omolo Okero is the new chairman of Kenya Airways, which has renewed the contracts of managing director Brian Davies and finance director Malcolm Naylor. John W Power is to become ...
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Bow to no man
Pieter Bouw, the president of KLM, will need all his knowledge of the industry to rise above the crisis in the relationship with Northwest Airlines, growing competition from other hubs and US-European alliances, and insufficient market share in Europe. Interview by Jackie Gallacher. Airline Business: KLM's operating result declined ...
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Extra lift
Atlas Air has found a winning formula: acquire used Boeing 747-200 freighters and operate them profitably on behalf of major airlines. Jane Levere reports. Some people say Atlas Air, the Golden, Colorado-based cargo carrier, is really in the taxi business rather than the air freight business. However you describe the ...
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Arabs set to close ranks
Attempts to boost aviation cooperation in the Arab world are gathering pace. Ten carriers are considering a consultants' study recommending a pan-Arab airline alliance, while the birth of the long-awaited Arab Civil Aviation Commis- sion promises to strengthen ties further. A nine-month study on behalf of 10 of ...
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Asia's triple owner shift
Three major Asian carriers have signalled a new round of ownership changes to help fund up to $9 billion of aircraft orders. Garuda has begun a major restructuring ahead of privatisation, Philippine Airlines plans a public share offering, and Malaysia Airlines may sell 10 per cent of its stock to ...
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Dragonair breaks ice
Confirming Beijing's increasing influence over Hong Kong, a surprising number of clouds over the territory's aviation arena melted away within days of Cathay Pacific's shareholders approving the deal giving China National Aviation Corporation control of Dragonair. Taiwan headed the list, with Hong Kong's Sino-British Joint Liaison Group giving ...
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EU pressures liability plan
The European Commission has angered Europe's airlines by threatening to bring in a liability regulation unless more carriers sign up to Iata's voluntary agreement. The European legislation would override the inter-carrier agreement on unlimited liability, which Iata is hoping to bring into effect by 1 November to replace ...
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Twin win for Euro makers
Airbus will become a public limited company, but it could take up to six months of complex negotiations to thrash out the details. Europe's aerospace industry received a further boost when China confirmed Aero International Asia as its western partner in the consortium to build the proposed AE-100 regional jet, ...
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Fresh threat to Air France
The creation of a powerful private French competitor to threaten Air France's domestic dominance is closer to reality, following the signing of a cooperation agreement between Air Liberté and AOM. Although the two medium-sized French airlines are limiting themselves to a codesharing agreement, Air Liberté admits that the ...
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Latin tie-ups for American
American Airlines is heating up the Latin American market, forcing its agenda in Colombia while signing up the El Salvador-based Taca consortium of airlines to an extensive codesharing pact that the new partners hope will end with antitrust immunity and US-Central America open skies. This may be the first of ...
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GE90 for Kuwait
Kuwait Airways has selected the General Electric GE90-90B engine, a derated version of the 410kN (92,000lb)-thrust -92B, to power two Boeing 777-200IGWs on firm order. The carrier switched its 747-400 contract to a firm order for two 777s for delivery in 1998, with an option on a third. The higher-thrust ...
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Cargolux joins AEA
Luxembourg-based all-cargo airline Cargolux has joined the Association of European Airlines, becoming the 26th member of the organisation. The airline operates a fleet of seven Boeing 747s, the third largest all-cargo fleet in Europe, and made an $11.3 million profit in 1995. Source: Flight International
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Bangkok Airways president aims for second carrier slot
Julian Moxon/BANGKOK THE PRESIDENT and owner of Thailand's privately owned airline Bangkok Airways wants to start a new airline to respond to the Thai Government's imminent call for offers for a second carrier to operate services on domestic and regional routes. Prasert Prasarttong-Osoth, who owns ...
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The Top Fifty Airlines
The world airline industry made record profits in 1995, but will the boom last? The signs are mixed from this year's ranking of the world's top 50passenger-airline groups. Kevin O'Toole/LONDON IT HAS TAKEN a long time to arrive, but recovery in the world airline industry appears to ...
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The mission equipment
THE SENSORS, display and communications units fitted to the Dash 8 maritime-patrol aircraft (MPA) are typical of the large range of such equipment on offer. There were two choices of radar considered: the travelling-wave-tube (TWT) type, or the power-hungry, but cheaper, magnetron variety. The latter has longer ...