All news – Page 7137
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Russia's Mir space station cosmonauts Talgat Musabayev and Nikolai Budarin, wearing BMW tee-shirts and caps, transmitted a live Spanish television advertisement on 21 March, raising funds for Russia's cash-strapped space agency. Source: Flight International
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Israel expands
A consortium consisting of Groupe GTM of France and AGI of the USis proposing to construct a second international airport at Netivim, Israel. A second airport would alleviate overcrowding at Tel Aviv's existing Ben Gurion international airport. Source: Airline Business
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Suppliers
International Lease Finance has announced orders for $1.74 billion worth of engines for its 126 Airbus and Boeings on order: $500 million with CFM International, $200 million with General Electric, $490 million with Pratt & Whitney and $550 million with International Aero Engines. The Rolls-Royce Trent 772B engine is ...
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Has Schipol reached it's limit
Dutch law imposes strict noise limits in the form of Kosten units (Ke), which express aircraft noise on an annual basis. The Ke measure is weighted according to aircraft type and time of day. Night flights count 10 times more heavily than day operations. Schiphol's 1998 Runway Operations Plan ...
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BA/AA gives up on slots
American Airlines is hoping for a breakthrough in 1998 in its continued battle to win approval for an alliance with British Airways. But concessions will have to be made, particularly at Heathrow. Some 20 months after the proposal first surfaced, the level of frustration in Texas is nearing boiling ...
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IRI passes the buck
A cynic might say that Alitalia wants to have its cake, eat it and then complain about the recipe; the carrier is being accused of misusing state funds just as it pushes for softer state aid conditions. State holding company IRI said in November that it would reduce its ...
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African turf fight
Fanie Brand is a juggler. Not of clubs, swords or firetorches, but of airline concepts. At present the senior marketing manager of Uganda-based Alliance Air has no fewer than four concepts on his drawing board, with two due to launch in March. All are part of a complex matrix which, ...
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Help is at hand
Competition officials in Brussels celebrated November by resigning in disgust at the lack of resources available to them. These overseers in the Belgian capital couldn't even clear their desks; they didn't have any. Fortunately for supporters of airline competition in Europe, the departures were from Belgium's own fledgling anti-trust ...
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A matter of faith
By definition, a shock always originates where you least expect it. Early in 1997, as the global economic boom continued, the nature and timing of the next downturn were far from most people's minds. Then came economic turmoil in the region where experts least expected it - Asia. Now, Asia's ...
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Roll out the changes
'Change is good' has become something of an unofficial mantra in the offices and on the factory floor of Boeing. Sometimes whispered through gritted teeth, sometimes just a shared joke, it is an acknowledgement between colleagues that their company has been all about change in the past year. A new ...
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Cashback time in Brazil
Carnival time has come early for Transbrasil. The carrier is set to receive a massive compensation settlement following Brazilian government fare freezes. But Varig, Vasp and TAM may be shortchanged. Brazil's supreme court ruled in early December that Transbrasil will receive US$500 million in damages from the Brazilian government. ...
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Third of a SALE
Two Singapore government investment groups are to offer a combined US$125 million for a 29 per cent stake in the lessor, Singapore Aircraft Leasing Enterprise. Boullioun Aviation and Singapore Airlines will also invest $125 million each in SALE. Source: Airline Business
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New Zeal for open deals
New Zealand and Singapore have signed what they call the 'world's most open aviation deal', while China has agreed to relax two of its bilaterals. The New Zealand/Singapore treaty offers no route restrictions between the two countries, unfettered fifth freedom rights and no foreign ownership restrictions. While Singapore ...
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Nasty ending for Goldilocks tale
There is a rude confidence among western financial leaders that the robust economic expansion seen during the last 12 months can be carried over into 1998. The US economy, the main driver of worldwide demand, remains in a remarkably healthy state, despite the jitters which surrounded the October 1997 stock ...
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Continental trumps Delta
Delta Air Lines needs to sharpen up its act as Continental scores a double victory over rival Delta in the race for Latin American routes. In Venezuela, Continental has won transport ministry approval to start inbound flights while Delta still waits for comparable approval. In Chile, Continental has beaten ...
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Hidden baggage cause for concern
Americans and their baggage are not easily parted. For the average US airline passenger, travelling 'light' has little to do with restraint at the packing stage and much to do with how much he or she can haul past the flight attendant and hurl into an overhead bin. For maximum ...
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Blue Sky faces a storm of protest
So far, it's been a relatively easy ride for most of Europe's new breed of low-cost carriers. Four in particular - Ryanair, EasyJet, Virgin Express and Debonair - have built up substantial businesses, and three of them have had successful public flotations. But now, British Airways is fighting back with ...
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Bankers cool on euro offer
Airbus Industrie's plan to offer its aircraft in the new European single currency as well as US dollars are set to receive a warmer reception from airlines than from the financial community. Airlines in the 11 countries which have signed up for the first wave of euro membership in ...
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Excellence loses shine
The collapse of the Global Excellence alliance between Swissair, Delta and Singapore Airlines promises a cash boost for the carriers when they liquidate their cross-shareholdings, despite the recent fall in SIA's share price. Delta values its 2.75 per cent stake in SIA at US$315 million while Swissair's 0.6 per ...
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India fails to ink accords
Just when India's beleaguered airlines though it was safe to plan for the future, another government has fallen by the wayside and left the airlines wondering what fate holds in store for them next. Some four reports by special committees on domestic Indian Airlines, national flag Air India, aviation ...