All news – Page 7216
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News
Galaxy breaks ground
Galaxy Aerospace broke ground for its new Fort Worth Alliance Airport, Texas, headquarters on 23 September. The $12 million site, to be completed inSeptember 1998, will include completion and service centres for the company's Astra SPX and Galaxy business jets. Source: Flight International
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Saab sets its jet deadline
Saab's days as a turboprop manufacturer are numbered, with the Swedish company working to an early 1998 deadline to join one of two regional jet programmes. Gert Schyborger, Saab Aircraft's president, confirms that the struggling 2000 programme will be the company's last turboprop venture and says he will ...
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Safer than ever?
Airlines fear the regulation of safety oversight is fragmenting while Icao seeks to stamp its authority on the process. By Doug Cameron. Outsourcing can be taken to extremes. One Asia-Pacific state contracted out its airline licensing and safety oversight functions to a neighbouring country but failed to inform international regulators ...
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Comair takes place in Sun
The sale of the South African state-owned carrier Sun Air to a consortium that includes rival Comair leaves flag carrier South African Airways facing a stronger private sector challenge, despite claims by both smaller operators that they will continue to compete with one another. Sun Air was sold ...
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The people's airline
The new climate at employee-owned United, instilled by chairman Gerald Greenwald, has not filtered through to the airline's grass roots nor brought any obvious great advantages over US rivals. But the airline's strategy looks sound and profitability is at an all-time high. By Karen Walker. Gerald Greenwald, United Airline's ...
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ANA may join club of four
Bilateral talks between the US and Japan, which were set to resume in Tokyo in late September, are likely to result in the clearance of two codeshare alliances. But All Nippon Airways could emerge as the real victor as it is finally recognised as an incumbent carrier, enjoying almost unlimited ...
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Paris draws Blanc on sale
It's a question of bad timing. Christian Blanc's departure as chairman of Air France has come at a fragile time, midway through the airline's restructuring process. Blanc resigned in September after the government ruled out selling off a majority stake in Air France. 'The captain has abandoned his ...
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Niu's for you
Air Niugini has asked for expressions of interest from Asia-Pacific's major carriers in its search for an equity partner as part of its privatisation process. There is no indication yet of the size of the stake on offer but management plans to reserve some shares for local investors and employees. ...
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Tu-204 launch
Russian carrier KrasAir has become the launch operator for the Rolls-Royce powered Tu-204. The carrier has ordered 10 of the aircraft from specialist marketing company Sirocco Aerospace International, which has acquired 30 of the aircraft to market globally. Source: Airline Business
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Cargo flux?
The dedicated freight operator Cargolux is banking on an all-B747-400F fleet and alliances to put it on a firmer footing in this notoriously unstable sector. MarkOdell reports from Luxembourg on the carrier's chances. Look beyond the seemingly perpetual decline in yields and the overcapacity that plagues the cargo industry and ...
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Shanghai set for overseas
Shanghai-based China Eastern Airlines is finally to face homegrown international competition from local rival Shanghai Airlines, just as the first example emerges of close cooperation among a group of provincial Chinese carriers. After years of lobbying Shanghai Airlines has won approval from Beijing to launch international flights and ...
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Continental plays its ace
Continental Airlines has inked its first alliance agreement in Latin America. But the Houston-based carrier appears to have limited its linkup with Aces Colombia to avoid invalidating its case opposing the alliance between arch rival American Airlines with Colombia's other international carrier, Avianca. Continental plans to link frequent ...
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Euro a key factor in bank mergers
A radical reshaping of the banking industry in Europe and the Americas, symbolised by a series of recent mergers, looks set to transform the relationship of the financial sector with transnational corporations. The changes in the structure of banking are being triggered by far reaching shifts in the international economy, ...
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No-frills feel summer chill
It may have been a red-hot summer season for the US major carriers, but the climate remained decidedly chilly for the low-cost startups. Air South is the latest to feel the cold draft of Chapter 11 bankruptcy and analysts believe there will be more casualties unless Washington intervenes. ...
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Delta bends to new head
'Bent, but not broken' is how Delta Air Lines' new president and chief executive, Leo Mullin, sums up the airline's current performance, identifying customer service improvements as a priority. As a newcomer to the airline industry it comes as no surprise when he puts his own spin on ...
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Weak rupiah hits Merpati
The currency crisis that has hit southeast Asia is having a marked effect on Merpati Nusantara Airlines. The state-owned carrier is suffering much more than Indonesia's other main carriers. Garuda earns more foreign currency and privately owned Sempati enjoys more flexibility, but Merpati finds its options limited by ...
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Mexican two set to float
The five major Mexican banks who converted Aéromexico and Mexicana debt into shares last year are about to cash in on the success of those airlines. Cintra, the parent company for both airlines, plans an international IPO that will offer 20 to 30 per cent of its shares ...
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PAL calls for total US ban
Philippine Airlines has called on Manila to suspend flights by US carriers into the Philippines, as a result of US Federal Aviation Administration restrictions which are causing major losses on trans-Pacific services. The appeal came within days of PAL announcing it was abandoning some flights to the key ...
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UPS wrapped up by people power
Record profits, yes. But a record number of labour headaches also. That is how 1997 is turning out for most of the US major carriers, and some industry observers are wondering whether the tide has turned in favour of organised labour. Just ask United Parcel Service. While still licking the ...