All air transport news – Page 2647
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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
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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 ...
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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 ...
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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 ...
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Boeing seizes two MarkAir 737s
MARKAIR, the financially troubled scheduled airline based at Denver International Airport (DIA), has gone out of business following repossession of two of its four aircraft by Boeing. It had been operating under bankruptcy court protection since April and now plans to liquidate. MarkAir flew to several US cities, ...
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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. ...
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Japan to develop XF3-400 engine
THE JAPAN DEFENCE Agency's Technical Research & Development Institute (TRDI) is to launch full development of the XF3-400 fighter engine in 1996. Funding for the programme is part of the fiscal year 1996 budget request of '166.3 billion ($1.66 billion). TRDI's projected budget includes an initial '5.7 billion ...
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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. ...
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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. ...
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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 ...
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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) ...
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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 ...
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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 ...
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UK secures Airbus alone
The UK's Export Credit Guarantee Department has completed its first aircraft securitisation, but without the involvement of its German and French counterparts, Hermes and Coface. ECGD says its partners 'did not want to come with us on this' and that its government approval was hard won. 'We have ...
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Hawaiian set to post profit
American Airlines has reprieved Hawaiian Airlines for the fourth time over $6.9 million in payments due on its leased DC10s, as the carrier continues its restructuring efforts after emerging from bankruptcy 14 months ago. The payments Hawaiian owes American represent lease and maintenance charges that accumulated late last ...
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More power to the unions
United Parcel Service faces the prospect of dealing with stronger unions that rival Federal Express, following a ruling that the Kentucky-based express freight company is covered by laws favouring unions. Unless reversed on appeal, UPS will be subject to the general US law that protects union rights to ...
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Two birds, one stone
In a major strategy shift, Indian Airlines will transfer its unprofitable routes into a stand-alone subsidiary, operating a mix of turboprops and jets. But the main aim is to counter its parent's shortage of senior pilots. Airlines Allied Services will operate Indian Airlines' short haul flights, and take ...
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Past keeps AmWest shy
With the resolve of a carrier that has returned to health but the hesitancy of one that only emerged from bankruptcy protection last year, America West Airlines has instituted its first growth programme in four years. Its 29 per cent growth plan over two years is conservative compared to the ...
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Bonn eyes open skies
US and German transport officials are planning a round of December talks that could lead to open skies between the two countries by early 1996. However, what has become a strong link between open skies and antitrust immunity - sought by the United-Lufthansa alliance - could be a stumbling block ...
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Express trial grinds to halt
After a year's trial of its innovative Lufthansa Express product, the German carrier has cherry-picked parts of the pilot scheme for a revamp of its domestic operation. A poor performance halted the extension of the pilot to the whole system as originally planned. The German flag carrier was ...