All news – Page 7619
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Concorde celebration
Seen (left) is Brian Trubshaw, chief test pilot of the Anglo-French Concorde, with (centre) Capt Jeremy Rendall, who completed his last British Airways Concorde flight on 20 July, landing at RAF Fairford, in the UK. With them are the crew of the first British Airways commercial Concorde flight, in 1976, ...
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Don't penalise the passenger for Swanwick overrun
Sir - I refer to the article "Swanwick delays cost CAA dearly" (Flight International, 31 July-1 August, P15). If Loral is big enough to pick up the cost of the overrun, so, therefore, must be the UK Civil Aviation Authority. The idea of charging a passenger levy to ...
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Financial results
Air France's $83.3m operating profit was its first since 1989. Passenger yields fell 6.5%, partly due to the strength of the French franc, and strikes cost $60m in lost revenue. The carrier made $402m of provisions for restructuring. Part of Finnair's growth was due to the 12% ...
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Financial data
Economic trends: Fuel prices appear to have stabilised, and spot prices are back at the level before the March increase. Airline traffic: May traffic was buoyant for the US majors, with revenue passenger km rising 7.6 percent and load factors up 3.2 points. Six of ...
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Trans links
TWA and Transbrasil Airlines have signed a marketing agreement, which will include codesharing and block-space agreements on international sectors between Sao Paulo, Brasilia, New York, Washington, Miami and Los Angeles. The two carriers will also swap codes on some domestic sectors. Source: Airline Business
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Sita's sabre
Sabre has outsourced management of its Sabrenet data network to Sita in a seven year agreement worth over US$400 million. Source: Airline Business
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VLM complains
Belgian operator VLM has filed a predatory pricing complaint with the European Commission against BA franchisee CityFlyer Express. Source: Airline Business
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Comair for BA
South African independent Comair has become the eighth British Airways franchisee and the first outside Europe. The carrier will adopt BA's livery and uniforms and standardise its products. Comair also has an option to join BA's frequent flyer programme. Source: Airline Business
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New Nuigini
Papua New Guinea's government is preparing to privatise Air Niugini, either partially or fully, with corporatisation planned before the end of 1996. Qantas and Air New Zealand are understood to be considering a strategic equity stake. Source: Airline Business
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Sudanese sale
Speedwing is evaluating Sudan Airways on behalf of potential foreign investors and will determine the carrier's value if it were managed and financed on a fully commercial basis. Source: Airline Business
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Bought in Taiwan
Taiwan's major carriers are tying up more domestic links through stakes in local airlines. EVA Air will raise its stake in Taiwan Airlines from 30 to 40 per cent, while rival China Airlines has agreed to acquire a third of Formosa Airlines, subject to government approval. U-Land is now the ...
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Hainan first
Hainan Airlines has applied to list and sell up to 30 per cent of its shares on the Shanghai stock exchange. This would be the first public listing for a Chinese airline. Hainan proposes to split its IPO, reserving roughly half of it for foreign buyers. ...
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Aircraft news
Garuda Indonesia has signed orders for six Boeing 777-200s, to be delivered between 1997 and 1999, and 17 B737-300s and B737-500s, planned for delivery between 1997 and 1999. It also has taken options on six B747-400s. Egyptair's additional order for three Boeing 777s is for delivery between May and August ...
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Appointments
James P Kelly has been elected chairman and chief executive officer of United Parcel Service. Isaac Omolo Okero is the new chairman of Kenya Airways, which has renewed the contracts of managing director Brian Davies and finance director Malcolm Naylor. John W Power is to become ...
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Casting LOTs
The Polish transport ministry appears to have reopened negotiations with the six shortlisted advisers for the partial privatisation of LOT. The tender was annulled in June after the bids far exceeded the ministry's budget. Source: Airline Business
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Canadian change
Canadian Airlines' chief financial officer, Kevin Benson, has become president and CEO replacing Kevin Jenkins, who resigned under union pressure. Air Canada has named John Foster Fraser as its non-executive chairman replacing Hollis Harris. Source: Airline Business
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Berlin boost
Berlin Brandenburg holding company has confirmed that Schönefeld will become Berlin's main airport, apparently ending the search for a new site. The expansion plan, due for completion in 2007, will cost $6.8 billion, and increase annual passenger capacity from 5 million to 23 million. Source: Airline ...