News Listings for Islas Airways

  • Miguel Concepción Cáceres: Expanding Spain’s Islas Airways

    News | 26 Jun 2007 14:57 | Brendan Sobie

    <P><STRONG>Islas Airways isn’t exactly a household name outside Spain’s Canary Islands. The tiny Tenerife-based carrier is not even the largest carrier in the Canary Islands and currently only operates within the archipelago using a fleet of five ATR turboprops.</STRONG></P> <P>But if owner and chief executive Miguel Concepción Cáceres gets his way, Islas will be flying into European capital cities in two to three years. “First of all we want to increase and consolidate our market share [on inter-island routes],” Cáceres says. “In two years we’ll be ready to look at jets and to go to European capitals.”</P> <P>Cáceres’ first goal is to increase Islas’ inter-island market share from 30% to 50% by 2009. To accomplish this, Cáceres says he must expand and modernise Islas’ fleet. The only other airline based in the Canary Islands, Grand Canaria-based Binter Canarias, currently has a 70% share of the interisland market and operates a much larger fleet consisting mainly of new-model ATR 72-5
  • ATR lands $238M order from Jet Airways

    News | 20 Jun 2007 23:00

    <P><STRONG>By Mike Martin</STRONG></P> <P><STRONG><BR></STRONG>ATR has won twin orders for a total of 13 new ATR 72-500 aircraft to be operated by Indian carrier Jet Airways, it was announced at the show yesterday. <BR>The combined $238 million orders are comprises six aircraft for Irish leasing firm AIR destined for Jet Airways and a further seven purchased directly by the airline. <BR>Deliveries are scheduled to begin in 2007 and will continue through to 2010. Already equipped with a fleet of eight ATR 72-500s, the additional aircraft will enable Jet Airways to open new routes and increase frequencies across the Indian subcontinent. </P> <P><STRONG>Important role</STRONG></P> <P><BR>Naresh Goyal, chairman of Jet Airways, says: “From the beginning of our ATR operations in 1999, the fleet of leased ATR 72-500s has proved itself and has played an important role in the growth of our airline’s regional domestic operations and the expansion of our internal routes.”<BR>ATR has secured a
  • Airline Business chief executive interviews

    News | 23 Apr 2007 15:49

    <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US style="mso-ansi-language: EN-US; mso-fareast-language: EN-US">Every month, <EM>Airline Business</EM> interviews chief executives from around the globe. In the past four years, we’ve interviewed over 150. This is our complete listing of chief executives in alphabetical order. </SPAN></P> <P><A href="'+Akbar+Al.html"><STRONG>Akbar&nbsp;Al Baker, Qatar Airways</STRONG></A>&nbsp;(20 February 2006)<BR><A href=""><STRONG>Akbar&nbsp;Al Baker, Qatar Airways</STRONG></A>&nbsp;(22 November 2005)<BR><STRONG><A href=""><STRONG>Barrak&nbsp;Al-Sabeeh, Kuwait Airways</STRONG></A></STRONG> (1 November 2007)<BR><STRONG><A href="http:
  • Binter Canarias looks to stretch legs to Africa

    News | 28 Jun 2004 23:00

    <p>Canary Islands regional carrier Binter Canarias is looking to expand beyond its inter-island air service, as it seeks growth and enhanced profitability.</p> <p>The airline, bought from Iberia in 2002 by a group of Canary Islands investors for €60 million ($73 million), connects the archipelago's seven islands. The carrier's all-ATR 72 fleet last year carried 2.4 million passengers, mostly community traffic.</p> <p>Binter Canarias has just begun taking delivery of six new ATR 72-500s, and will use the longer-range version to replace around half of its 13 older ATR 72s. The new type will enable Binter to serve the African mainland. Speaking at the handover of the first ATR 72-500, new managing director Andreas Blass told <i style='mso-bidi-font-style:normal'>Flight International</i> that he sees Africa as one of the keys to &quot;jumping out of our niche&quot;, and says he will look carefully at Moroccan destinations Agadir, El Aaiun and Marrakesh, now within range.</p> <p>Binter
  • ATR plans 'back to basics' approach to future aircraft

    News | 05 Mar 2002 00:00

    <p>Manufacturer sees emerging technologies enabling a step-up in operating economics</p> <p>ATR is eyeing opportunities towards the end of the decade to challenge in-development regional aircraft programmes.</p> <p>The Franco-Italian turboprop manufacturer believes technologies emerging in the next few years will allow an aircraft to be developed offering a step change in efficiency and operating economics compared to existing designs.</p> <p>"Within two to three years there will be new opportunities in terms of engines, structures and avionics," says ATR chief executive Jean-Michel Leonard. "We aim to be ready [to respond] with the help of our shareholders Alenia and EADS," he adds.</p> <p>Leonard says it will take that long to establish the direction of the business: "The market is continuously evolving, and this process has not been completed yet. In the future it needs to come back to basics - both the aircraft and the structure of the airlines." </p> <p>ATR delivered 20 new a