All news – Page 7365
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Korean accord
AI(R) and the Korean Commercial Aircraft Development consortium have signed a memorandum of understanding to study ways for co-operating on the European consortium's 50 and 70-seater Airjet programmes. Source: Airline Business
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Carnival time
Startup Pan Am will acquire Florida-based Carnival Air Lines, subject to shareholder and regulatory approval. As part of the deal Carnival's main shareholder, Micky Arison, will inject $30 million into the merged carrier. Pan Am will also privately place $30 million in new convertible preferred stock to boost liquidity further. ...
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Oz's World
The Australian government has granted international route rights to a proposed new startup, Australia World Airways, to operate flights to Greece, the Netherlands and Cyprus. The draft decision is subject to the carrier securing funding within six months. Source: Airline Business
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Law of the jungle?
The airline industry has yet to see a predation suit settled in the plaintiff's favour. Yet the extent to which predation can be prevented could determine the overall success of deregulation in Europe. In this business it can be safely assumed that where there is a small new entrant ...
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No predators in Europe?
It's the classic chicken and egg situation. The European Commission says the lack of formal complaints proves that predatory pricing is not a burning issue in Europe. But carriers are discouraged by the length of the investigation and the high legal costs. Last year four allegations of predatory ...
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The new jet set
Long acknowledged as a quiet revolution, the issue of regional jet aircraft service was catapulted into the public domain when the potential American Airlines pilots strike became a staple feature of the evening news. Yet the operation of moderate-sized jets seating between 50 and 90 passengers, including the Canadair Regional ...
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A picture of health
The results of the 1996 survey of the world's 100 largest regional airlines suggest a continued improvement in the health of this sector, with passenger numbers and revenues both recording double-digit growth. This bodes well for a sector which had to contend with unprecedented criticism in 1996, particularly from the ...
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Can Sabena bite the bullet?
When the going gets tough, the tough get going, or so the saying goes. If the maxim runs true then Sabena will need to toughen up its act. The Belgian flag carrier may be regaining ground. Thanks to the quality Swissair management at its helm, it has identified ...
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Suitors fly close to Sun
Privatisation has become a bit of a buzz word among Africa's airlines recently and, while some plans should be treated with healthy scepticism, the search for foreign and local investors for South African domestic operator Sun-Air should prove less difficult. The first stage of the full privatisation of ...
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Beijing mixes Taipei deals
Taiwan's aeropolitical relations with third countries are experiencing mixed fortunes at the hands of Beijing after China spoiled plans by EVA Air to fly to the Cambodian capital of Phnom Penh, while being less vociferious in its opposition to China Airlines serving Russia for the first time. After ...
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Euro access tempts Turks
THY Turkish Airlines is set to split its $4 billion fleet renewal between Boeing and Airbus equipment in a political move designed to aid Turkey's entry to the European Union. The airline announced plans to replace its short and medium-haul fleet in January and competition between the manufacturers ...
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Online review
This is a full list of additions and updates to the Airline Business list of airline and aviation sites on the World Wide Web, published in February. E-mail further changes to: richard.whitaker@rbi.co.uk ABTA (Association of British Travel Agents): www.abtanet.com Aerolineas Argentinas: www.aerolineas.com.ar ...
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GEC-Marconi unveils smart-bomb wing kit
GEC-MARCONI Dynamics wants to interest McDonnell Douglas (MDC)in a wing kit to expand the footprint of the Joint Direct Attack Munition (JDAM). The company has already worked with MDC on windtunnel testing of its Diamond Back wing kit under the US Air Force's Small Smart Bomb (SSB) programme. ...
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Hughes unveils plans for long-range Maverick
HUGHES HAS DETAILED study plans to increase the range of its AGM-65 Maverick missile by up to 30%, or about 13km (7nm), using a combination of enhanced rocket motors and wings. Hughes has asked rocket-motor makers Alliant, ARC and Thiokol to evaluate potential improvements, ranging from higher-energy propellants to "stretched ...
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'Prudent' Canadian Airlines defers ten A320 deliveries
CANADIAN AIRLINES International is delaying the delivery of ten new aircraft which it had planned to acquire from Airbus Industrie by 1999. The Calgary-based airline is negotiating with Airbus to reschedule delivery of the A320s, which would have required $394 million in cash or new financing over the ...
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TAM seeks widebodies for new Miami route
BRAZIL'S TAM Group is negotiating to acquire between two and four widebodied aircraft for a Sao Paulo-Miami, Florida, route which it hopes to begin operating by early 1998. Talks are under way with Airbus and Boeing. TAM says that 1997 will be a "year of consolidation". In 1996, ...
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IAE aims to reduce costs of maintaining V2500-A1
International Aero Engines (IAE) aims to reduce maintenance costs for the out-of-production V2500-A1 turbofan by up to 25% by the end of 1998 through initiatives ranging from improved repair techniques and use of advanced materials to new part-exchange schemes and shorter turn-around times. "We've identified a broad range ...
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Malaysian open-skies
Malaysia and the USA have reached an open-skies agreement. Malaysian transport minister Ling Liong Sik says that it is hoped that the agreement will be implemented later this year. The USA has already signed a similar accord with Singapore and is targeting other Asian countries. Source: ...
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Improved safety
Taiwan's civil-aviation safety-oversight system has been upgraded to Category 1 under the US Federal Aviation Administration's International Aviation Safety Assessment programme, signifying that it is fully compliant with International Civil Aviation Organisation's standards. Under its Category 2 assessment, flights to the USA had been subjected to extra FAA surveillance. ...
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Low cost boom
Passenger numbers on low-cost airlines Debonair and easyJet soared at their London Luton Airport base in the year to 31 March, pushing the airport's scheduled service figures up by 129%. Luton's overall passenger-growth was 40%, says airport chief executive Frank Pullman. "We have been successful in attracting airlines like easyJet ...