Airframers – Page 1653
-
News
Strong results encourage SIA
SINGAPORE AIRLINES (SIA) turned in another strong profits rise over the first half of its financial year and is "cautiously optimistic" that the improvement will continue, helped by signs of an upturn in passenger traffic. Group net profits for the six months to the end of September were ...
-
News
British World retains Black Gold route in the Shetlands
BRITISH WORLD Airlines (BWA) has won a fierce contest to renew a five-year deal to ferry oil-industry workers between Aberdeen and Sumburgh in the Shetland Islands. The £50 million ($88 million) contract awarded by Shell UK Exploration and Production, is also believed to have been fought for, by Newcastle-based Gill ...
-
News
Embraer delivers 300th Brasilia
EMBRAER HAS DELIVERED its 300th EMB-120 Brasilia, the third for one of Brazil's newest airlines, Interbrasil Star. The company is the regional-branch airline of Transbrasil: it started operations on 3 July and now flies three EMB-120s on routes out of the capital Brasilia and Sao Jose do Rio Preto in ...
-
News
SAS ups 737 buy to 41
Scandinavian Airlines System has increased its Boeing 737-600 launch order to 41 firm orders and 35 on option, an increase in six firm orders over the initial announcement. The first 737-600s will be delivered to SAS in August 1998. Source: Flight International
-
News
United fined after 747 breaks noise limits
UNITED AIRLINES HAS been fined A$15,000 ($11,000) for violating Sydney's new noise-limiting flight-paths, after a United Boeing 747-400 diverged 2km (1nm) off a designated corridor in April, also crossing the approach path of another runway. AirServices Australia says that it is "...investigating, with a view to prosecution, a ...
-
News
CAL crash relatives to sue
RELATIVES OF VICTIMS killed in the 1994 China Airlines (CAL) Airbus Industrie A300-600R crash, in Nagoya Japan, were expected to file claims against the carrier and aircraft manufacturer on 1 November. Lawyers representing 138 Japanese and Taiwanese families are to sue CAL and Airbus in the Nagoya District ...
-
News
VASP acquires Bolivia's LAB
BRAZILIAN AIRLINE VASP has taken control of Lloyd Aero Boliviano (LAB), following the Bolivian flag carrier's privatisation. VASP has taken a 49% stake in the airline, which gives effective control under the terms of the privatisation programme. The share is valued at $48 million, although the bulk of ...
-
News
Smiths looks to expand aerospace
SMITHS INDUSTRIES is looking for opportunities to expand its aerospace division, as the business begins to re-emerge from recession with stronger profits and cash. The growing confidence comes, as the aerospace unit turned in another solid performance, over the group's 1994/5 financial year to the end of September. ...
-
News
China Hongkong may fly domestic as well
Paul Lewis/SINGAPORE CHINA NATIONAL Aviation's (CNAC) planned start-up carrier China Hongkong Airlines is considering operating domestic services within China as well as flights to Hong Kong. The company is moving quickly to begin operations as soon as it is granted a Hong Kong Air Operator's Certificate. ...
-
News
US airlines break records
Kevin O'Toole/LONDON NET PROFITS for the major US airlines topped $1 billion in the third quarter after a clutch of record-breaking performances. Although passenger and capacity figures remained virtually unchanged, yields rose by 5.5% across the industry, with none of the carriers posting a decline. ...
-
News
DASA's closure plans anger German unions
Andrzej Jeziorski/MUNICH PLANS FOR massive job cuts and a string of plant closures outlined by Daimler-Benz Aerospace (DASA) have raised a chorus of dissent from the German unions. IG Metall, which represents the bulk of DASA's workforce, responded to the announcement with a pledge to use "...all ...
-
News
Saudis finally sign for 61 airliners
SAUDI ARABIA has signed a $6 billion deal to buy 61 US-built airliners on 26 October, but details of financing have yet to be revealed. The order, to re-equip state-owned Saudi Arabian Airlines, consists of 23 Boeing 777-200s and five 747-400s, worth around $4 billion, plus 29 McDonnell Douglas (MDC) ...
-
News
Boeing admits strike is biting
BOEING CHAIRMAN Frank Shrontz has warned that the group's profitability, already hit by heavy restructuring charges and depressed airliner-sales, will be damaged further as the machinists' strike drags into its fourth week. He admits that the group now faces a "substantial" number of delivery delays over the remainder ...
-
News
EVA enjoys the fruits of youth
If spectacular improvements in efficiency and productivity are a measure of success, then on the surface at least Taiwan's international newcomer EVA Airways appears to be setting new standards. Productivity, measured in terms of revenue per employee, soared 62 per cent last year. Unit costs plunged 21 per cent and ...
-
News
Profit share: a stroke of genius
Singapore Airlines' chairman J Y Pillay has absolutely no doubt that in an unforgiving airline industry, survival rests on the continuing struggle to improve productivity and keep ahead of costs. And there can be little doubt that Pillay's message is getting through at an airline which consistently turns in some ...
-
News
Gains will come from change
KLM has made impressive leaps in efficiency since it launched its cost control programme in 1991. But with the sizeable efficiency boost in the last financial year driven more by expansion than by productivity measures, the carrier is now facing a future of diminishing gains. The carrier is keen to ...
-
News
Growth spurs on drive for cuts
Air Canada, in the midst of a significant growth phase, is attempting to counteract the costs of expansion with employee productivity gains and new technology. Air Canada expects to double its transborder service to the US within the next three years and in recent months has added new flights ...
-
News
More than a fleeting gain?
At Malev Hungarian Airlines, a major improvement in efficiency is one of the main outcomes of a modernisation programme that started back in 1991 but only really started to take root last year. Indeed, commercial director Ferenc Turi says the restructuring has really only just begun in earnest. 'We are ...
-
News
Financial results
Aeromexico was helped by US traffic growth, a stronger peso, and cuts of 600 employees and seven aircraft. Second-quarter net was $98m. Air NZ improved 36% despite the Kobe earthquake and the temporary grounding of its B737s. Alitalia's first-half loss was better than last year's, but ...
-
News
Slow ahead in Europe
So far liberalisation has produced only a small increase in the level of competition on European air routes, and fares have generally risen, says a new report by the UK Civil Aviation Authority. Two and a half years after Brussels deregulated the European Union's aviation market only 7 ...