All news – Page 7352
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Varig unites
United Airlines and Varig have signed a marketing alliance, including codesharing, schedule coordination and FFP links. The linkup was long expected after Varig broke off its codeshare deal with Delta Air Lines earlier this year. The Brazilian carrier has had a long-standing pact with United's main partner Lufthansa. Source: ...
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Buy / sell Kiwi
Qantas has sold its 19.4 per cent stake in Air New Zealand to ANZ Securities for US$294 million. Meanwhile, US fund managers Franklin Resources have taken a 10.59 per cent stake in Air New Zealand for US$157 million. Source: Airline Business
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IATA profits fall
Net profits from Iata members' international scheduled services fell to US$4 billion in 1996 from US$5.2 billion in 1995. Average yields fell by 2.5 per cent last year while unit costs dropped by 1 per cent despite the fuel-price rises. Source: Airline Business
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Fokker dead?
The last hopes to revive bankrupt Dutch aircraft manufacturer Fokker appear to have disappeared. The receivers have indicated they will start selling off the company's assets in December. The decision follows the collapse of a last-minute rescue package. Source: Airline Business
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Saab gets big
Saab Aircraft and Finavitec have each signed an MOU with Airbus for the study phase of the A3XXproject with a view to becoming risk-sharing partners in the programme. Source: Airline Business
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New Labour, new taxes?
New Labour, new taxes? If the opinion polls are correct the United Kingdom could have its first Labour government in 18 years by early May. The new administration, led by Prime Minister Tony Blair with Gordon Brown as Finance Minister, would be very different from its predecessors. ...
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Aircraft news
Cathay Pacific Airways has placed orders for two Airbus A340-300s and one A330-300, due to be delivered in late 1998. Monarch Airlines has ordered two Airbus A321-200s and two A330-200s, with options on two more, for delivery in April 1999. Korean Air has ordered four more A330s, which ...
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Suppliers
Perot Systems Corporation has purchased a majority stake in Icarus Consulting, with fixed options to buy the remaining 30 per cent from the SAirGroup over the next three years. BAEngineering is to supply aircraft maintenance services at FLS Aerospace's Gatwick, Stansted and Manchester facilities from March 1997 to ...
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Appointments
Thai Airways has appointed several new executive vice presidents, including Bhisit Kuslasayanon for commercial service, Payoon Puakpong for customer service, Saad Sobsatrasorn for operations, and Amnuay Chanya for finance and information. Meanwhile Sittipong Thanitayawong is the new senior vice president responsible for corporate planning and government relations. Frederick ...
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Sounding off
Sir - Taking K J Abnett's point on aircraft noise (Flight International, 23-29 April, P64) to its logical conclusion: No payload = no profit = no jobs. Darren Jones Wilmslow, Cheshire, UK Source: Airline Business
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Lessons have yet to be absorbed
Sir - Capt Raby complains about the JAA's demand for higher academic standards to improve airmanship. You cannot produce airmanship with theoretical knowledge. It has to do with a insight gained from situations previously experienced. While theoretical knowledge is good for analysing a problem, you cannot fly an ...
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Shannon story
Sir - I am writing a book on Irish air accidents and am trying to contact crew members or anyone connected with the crash of the KLM Super Constellation PH-LKY at Shannon Airport on 5 September, 1954. Michael O'Toole Hartcliffe, Strand Road Portmarnock ...
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Greenwich time
General Electric will buy US engine overhaul specialist Greenwich Air Services for US$530 million, subject to shareholder approval. Source: Airline Business
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Brummie boost
Irish airport operator Aer Rianta and NatWest Ventures will take a 40 per cent stake in Birmingham International airport, subject to approval from Brussels. Local district councils will retain 49 per cent and the private sector 11 per cent. Source: Airline Business
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UPS holiday
United Parcel Service is offering uplift for weekend passenger charters through US tour operators, with five B727-100QCs. Source: Airline Business
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HK hullabaloo
Iata fears 'an unwarranted increase in charges' at Chek Lap Kok airport, following allegations of fundamental flaws in the airport authority's business plan. Source: Airline Business
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Egypt expands
Three new Egyptian airports are to be built at El Alamein, Dahab and Mersa Alam, while six international airports and three domestic airports will be upgraded to the standard required to handle international flights. Source: Airline Business
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Sen's double
Indian Airlines' managing director, Shri P C Sen, is the new joint chairman of Indian Airlines and Air India. Source: Airline Business
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Amwest chief
Richard Goodmanson has been appointed president and chief executive of America West Airlines, replacing William Franke, who will remain at the airline as chairman. Source: Airline Business
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Qantas quits
On 1 May Qantas and Air New Zealand will end their trans-Tasman codeshare deal. The decision has long been expected following Air NZ's part acquisition of Ansett Australia. Source: Airline Business