All news – Page 7237
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NASA loses contact with Lewis after four days
Tim Furniss/LONDON NASA has lost contact with its Lewis remote-sensing and technology satellite, only four days after a successful launch into initial orbit on 23 August. The craft could have just weeks of life left unless contact is regained. An unplanned thruster firing sent the spacecraft ...
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The right attitude
Tim Furniss/BRISTOL If a communications satellite's antennas are not pointing towards the Earth, or a space telescope's lenses are not aimed at the stars, they become not only useless, but an expensive waste of time and effort. Spacecraft only point accurately if their attitude and orbit control systems ...
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More codes
Canadian and American Airlines will extend their codeshare agreement to UK and Central American routes from 1 November. Canadian's codes will appear on American's services from Chicago to Birmingham and Manchester and on its flights from Los Angeles to Guadalajara, Guatemala City, San Salvador, and San Jose. ...
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Airline Business 100 - 1997
Rank Airline Revenue US$M OpResult US$M NetResult US$M net margin % fleet Total emps Revenue Tonne kilometres (mil) Revenue Pax km Pax millions Load Factor % Year End 96 95 Pax ...
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Fokker finance
Daimler-Benz has set up debis AirFinance to take over Fokker's portfolio of leased aircraft. The service division of Daimler-Benz, debis, has a 35 per cent stake and Dasa holds 10 per cent. The remaining 55 per cent is held by one Dutch and three German banks. Fokker has transferred aircraft ...
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Appointments
Royal Brunei Airlines has appointed Pg All bin Haji Ahmad as director of corporate affairs, Haji Yahya Cheman as director of customer services, George Tan as director of sales, and Brian Johnson as director of technical services. Don Washburn has been named executive vice president flight operations at ...
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Aircraft news
United Airlines has ordered eight Boeing 767-300s, with four deliveries in 1998, one in 1999 and three in 2000. Air Canada has ordered five Airbus A330-300s and three A340-300s, plus 20 options, with deliveries starting in October 1999. Brit Air has ordered two Bombardier RJ 100s, ...
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Suppliers
Galileo International's initial public offering on the New York Stock Exchange raised US$784 million, giving the company a market value of $2.45 billion. Galileo acquired the Traviswiss distribution company for $8 million in July. The Sabre Group is to install its passenger reservation, yield management, passenger control, frequent ...
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Airports
New York/JFK has received environmental clearance to build a $1.5 billion light rail system, which is due to be operational by 2002. Leipzig/Halle has received approval to extend the airport and construct a new runway which should be commissioned by 2000. London/City has submitted a planning ...
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Lumpur late
The opening of the US$3.5 billion Kuala Lumpur international airport at Sepang has been delayed from 1 January 1998 and is now likely in April. Source: Airline Business
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Fokkers out
Indonesian regional carrier Merpati Nusantara has been told by the government to replace its 13 Fokker F27s with British Aerospace BAe146-100s, while private carrier Sempati has decided to sell its F27s. The moves follow a fatal crash of a Sempati F27 in late July, as well as concerns about spare ...
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UPS strike
United Parcel Service's first ever strike is costing the company some $60 million per day. The strike, which began on 4 August, centres on the number of part-time employees; unions want more full-time jobs and are seeking pay and pension increases. Source: Airline Business
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Guv'nor Garvey
The US Federal Aviation Administration confirmed Jane Garvey as its new chief in July, some eight months after David Hinson stepped down. Source: Airline Business
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Mexican mix
Swissair was due to start a daily codeshare service with Aéromexico on 12 August to Mexico City. The flight will operate from Zürich and Geneva via New York, and via Atlanta from the winter season. Source: Airline Business
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Debonair debut
Debonair debut ebonair has completed its flotation on Easdaq, the pan-European stock exchange, raising US$41.9 million through the sale of about 35 per cent of the carrier. The UK startup will invest $12 million of the proceeds in fleet expansion over the next year and has already signed a letter ...
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German sell off
The German government looks set to dispose of its remaining 35.68 per cent stake in Lufthansa in October. State-owned bank Kreditanstalt für Wiederaufbau will dispose of the shares in a $2.7 billion placement coordinated by investment bankers Dresdner Kleinwort Benson and SBC Warburg. Source: Airline Business
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PIA scraps sale
Pakistan International Airlines has shelved its planned partial privatisation. Instead the airline will look to tap the capital markets to fund restructuring and fleet renewal - PIA is looking at replacing its long-haul fleet. The airline also plans to cut costs by 20 per cent by the end of the ...
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Rome goes public
Italian state holding company IRI has sold up to 45 per cent of Aeroporti di Roma in a public share offering which raised some $220 million. Source: Airline Business
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Virgin launch
Virgin Atlantic has become the launch customer for the Airbus A340-600, after placing an order for 16 aircraft. Air Canada will decide in early 1998 whether to launch the A340-500. Source: Airline Business