All air transport news – Page 2691
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FLS sets up office in Texas
FLS AEROSPACE HAs taken the first step towards possible acquisition of a US maintenance operation, with the setting up of an office in Fort Worth,Texas. Chairman Steffen Harpoth says that one of the objectives of the new office is to "...see if we can establish the foundation ...
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EU proposes trans-Atlantic bilateral treaty counter-attack
EUROPEAN Commission (EC) Transport Commissioner Neil Kinnock, has warned that, unless the EC is given a mandate to centrally negotiate future aviation agreements with the USA, "we will witness implementation of a policy that is not just America first, but America first, last, both ways across the Atlantic and within ...
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American Airlines
American Airlines will repair America West Rolls Royce RB211-535E4 turbofan engines for the next five years at its Alliance maintenance base near Fort Worth, Texas. The contract will run alongside a similar America West arrangement with Rolls Royce Canada. Source: Flight International
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Tu-204 Changes Its Spots
Tupolev is re-christening its Tu-204-300 twin-jet, the Tu-234, to reflect the considerable changes being implemented from the basic aircraft. The aircraft will have a shortened fuselage with a range of around 8,000km. Source: Flight International
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Il-96T Deliveries
Ilyushin will start deliveries to Aeroflot of the cargo variant of its Il-96, the Il-96T, re-engine with Pratt & Whitney PW2337 turbofans, in the second half of 1996. The first five re-engine Il-96s will be the cargo variant, with the first production-standard passenger variant, the Il-96M, to be completed by ...
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Aviall
Prestwick, Scotland-based Aviall Caledonian Engine Services has signed long-term engine-service contracts with Air Maritius, Cyprus Airways, FedEx, Icelandair and Monarch Airlines, worth more than $30 million a year. The contracts cover General Electric CF6s and GE/Snecma CFM56s. Source: Flight International
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Financial results
Alitalia improved its operating result and cut its loss, but net debt rose 50% to $1.9b as net assets fell to $280m. Staff cuts cost $77.5m. Cathay's net profit rose 4.1% yet turnover grew 13.4%. Gross yield fell 4.3% and available tonne km per employee rose 7.5% to 573,700. ...
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Appointments
Organisational restructuring at United has seen president John Edwardson assume the role of chief operating officer. David Coltman, formerly vice president Atlantic division, becomes SVP marketing. James E Goodwin has become SVP North America and is replaced by Christopher Bowers as SVP international. Andrew P Studdert joins as ...
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Orders
Germania Fluggesellschaft has ordered 12 Boeing 737-700s with deliveries starting at the end of 1997 through to mid-1998, while Bavaria Fluggesellschaft has ordered two Boeing 737-700s. Crossair has ordered 12 Avro RJ100s for delivery starting in September. Brazilian domestics Rio-Sul and Nordeste have ordered one and ...
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Suppliers
Volvo Aero Engine Services is to take over maintenance of SAS' intercontinental fleet of 14 B767s through mid-1995 on a seven year contract. IAE International Aero Engines and the Ilyushin Design Bureau are studying re-engining the IL-86 with V25OO engines. Sabre Decision Technologies is to upgrade ...
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FedEx buys big
FedEx is to buy twelve American Airlines' MD-11s over three years from January 1996 after conversion to freighter configuration. The company also holds options with American on a further seven MD-11s with a purchasing decision due between 2000 and 2002. Source: Airline Business
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Gulf drops 777s
In the first blow to Boeing's 777 programme, Gulf Air has cancelled its order for six of the aircraft. The carrier is understood to have been concerned over the cost of integrating the new type in a fleet that already includes the A340s. ...
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Tough finding the right niches
There are encouraging signs of start-ups and expansion in Europe though financial returns and yields are low. Europe's regional airlines are emerging from the recessionary gloom comparatively unscathed. The last three and a half years have seen their share of closures, but on balance the sector is growing. ...
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Fast growth, structural change
The increasingly high cost of expansion in Asia-Pacific is encouraging new solutions such as regional groupings.Like their big-jet brothers, Asia-Pacific's regional airlines are undergoing their most significant period of expansion ever. Buoyed by increasing deregulation, higher incomes swelling passenger numbers, and growing intra-regional trade, new carriers are emerging at a ...
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Age old decision
New aircraft or old? Airline executives are weighing up the options to make the right fleet decisions to last the next decade. Sara Guild contrasts the narrowbody decisions made by Air Canada, Finnair and Northwest.For an aircraft, getting old and creaky used to mean that your owner was about ...
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Transfers hold key to growth
North American regionals and majors will become even more tightly linked as future commuter operations grow.The increasing trend whereby major airlines transfer short-haul jet routes to regional carriers is expected to encourage the growth of regional airlines in the US and Canada. Already, 95 per cent of regional airline passengers ...
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Heated competition
Privatisation seems to have finally taken hold among airlines in the Caribbean. The resulting US-style management and new competition could spell permanent change for the region. By Mead Jennings.During last February's inaugural celebration for Barbados-based Carib Express, a 90 per cent privately owned regional airline, those in attendance heard the ...
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Coming of age
This worldwide survey of regional airlines, the first of its type, paints a picture of an industry segment that has come of age. The tables reveal a business which carried over 100 million passengers last year, generated nearly $8 billion in revenue, and turned in a net profit of nearly ...
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Psyched up
Austrian Airlines is bouncing back after three years without profit. Carrier president Herbert Bammer says alliances and open skies with the US could lead to a turnaround. Mead Jennings reports. A small airline from a small country: Austrian Airlines has two of the essential ingredients for an inferiority complex, ...
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FedEx faces China crisis
FedEx may have thought it was simply buying Evergreen International's all-cargo route authority to China. In fact, it bought a ringside seat to an aviation row between Beijing and Washington, which had, at presstime, left the carrier unable to operate any China services. Evergreen was the only US ...