All news – Page 7422
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LOT for sale
The Polish cabinet now plans to sell a minority stake in LOT by June 1998. But if general elections later this year result in a right-wing government a majority stake could then be sold. Source: Airline Business
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CRJ-X launch
Bombardier's board of directors has given the go-ahead to launch the stretched CRJ-X, the 70-seat version of the 50-seat Canadair Regional Jet. Source: Airline Business
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Euro cargo link
Alliance partners Lufthansa and SAS are to coordinate cargo sales, marketing and product development, and aim to offer joint freight handling worldwide by the year 2000. Source: Airline Business
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BA Levant deal
British Airways has resurrected its franchise arrangement with its erstwhile UK rival British Mediterranean, for the routes from London to Beirut, Damascus and Amman. The carrier will also launch new BA routes to Tbilisi and Alexandria. Source: Airline Business
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Varig quits
Varig has pulled out of its codeshare deal with Delta, clearing the way for the Brazilian flag carrier to link up with United, as part of the wider alliance with Lufthansa. Delta has already filed for authority to serve Brazil itself. Source: Airline Business
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DOT seeks rise
The US DOT has requested an 8.7 per cent increase in the 1998 FAA budget to $5.4 billion. This would allow the FAA to hire 500 more air traffic controllers and 173 security personnel to meet the Gore Commission's recommendations. Source: Airline Business
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Fokker restart?
The Dutch government is discussing a new rescue plan for bankrupt manufacturer Fokker with a consortium led by Stork, according to AP-Dow Jones, which cited a report in Dutch newspaper Algemeen Dagblad. Source: Airline Business
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Italian job
BAA is to take a controlling stake in Naples airport, understood to be around 65 per cent. Source: Airline Business
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BA quits USAir
The three British Airways directors on the board of USAir have resigned, paving the way for the UK carrier to sell its stake in its erstwhile US partner Source: Airline Business
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Gitner's gain
Gerald Gitner, TWA's vice-chairman and acting chief executive officer since December, has been appointed chairman and confirmed chief executive. Source: Airline Business
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Boeing bump
Boeing has dumped plans for a 550-seat B747 stretch, while the first new generation B737-700 made its maiden flight on 9 February. Source: Airline Business
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Foreign feat
After completing a probationary period of charter flights, Taiwan's Far Eastern Air Transport plans to launch its first international scheduled services to Guam, with other Asian destinations to follow. The country's largest domestic carrier, which is controlled by China Airlines and the American International Group, is also seeking stock market ...
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Japanese sigh
The Japanese leveraged lease, which accounts for almost a quarter of aircraft financings, has won a reprieve. The Japanese tax authorities have delayed a plan to slash depreciation benefits, which would have ruined the structure's economics. The authorities cited the lack of consultation time before the tax year ends on ...
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Off target on Air Afrique
I would like to correct some information in your January news article 'Harry heads to Air Afrique'. Four, not five completely compatible Airbus A310s have been acquired by the company on a financial lease basis. These have replaced three DC-10s, not four. Your union quote is from Mr ...
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Finnair merits a mention
Your February feature on SAS included comments such as an SAS executive talking of 'a bunch of competitors snapping at SAS' heels'. I was surprised to find mention of smaller competitors at Stockholm, such as Braathens Safe, but no mention of Finnair. We established Arlanda as our second ...
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Aircraft news
Emirates has ordered 16 Airbus A330-200s, with options on a further seven, with deliveries of the Trent 700-powered aircraft starting in 1999. Dragonair has ordered one A330-300, scheduled for delivery in late 1998. Croatia Airlines has ordered six A319s, with deliveries commencing in early 1998. ...
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Web site update
We have received the following additions and updates to the Airline Business list of airline and aviation sites on the World Wide Web: Airlines American Trans Air: www.ata.com China Airlines: www.china-airlines.com Hawaiian Airlines: www.hawaiianair.com Middle East Airlines: www.mea.com.lb ...
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Why the customer must still be king
Survival is key for airlines but their main focus should be on the passenger. British Airways' chief executive Bob Ayling was recently asked what he would do to change the aeronautical world were he given the power to do so. His answer went along these lines: 'It's flattering to be ...
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El Al tackles weekend trip
The Israeli government is coming under fierce pressure to lift the ban on flag carrier El Al's operations on the Sabbath. The limitation of a six-day operation is blamed for $50 million of the airline's $120 million loss in 1996 and contributed to last year's shelving of its planned privatisation. ...
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Exim weighs up Brazil aid
US Eximbank is evaluating how to respond to a request to support US-made components and avionics slated for installation in Brazilian-built EMB.145s. If it decides to proceed, this will be the first time Eximbank has supported the export of US-made aircraft parts separate from export of an aircraft. ...