All news – Page 7680
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BM in court
The UK CAA is taking British Midland to court on two charges of negligent endangering under the Air Navigation Order. The case, the first of its kind against a scheduled carrier, was brought after an emergency landing in February 1995 by a B737-400 at London/Luton. Source: ...
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Rafi resigns
El Al's president Raphael Harlev has resigned because of the indefinite postponement of privatisation. The carrier had yet to appoint a successor, at presstime. Meanwhile, the Israeli flag has signed a codeshare agreement with American Airlines on its Tel Aviv flights to Chicago and Newark. The US carrier will put ...
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Sears in charge
McDonnell Douglas has named Michael Sears as the president of Douglas Aircraft, succeeding Robert Hood who retires later this year. Source: Airline Business
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Capital krona
SAS' three parent companies are providing the Scandinavian carrier with a capital contribution of SKr1.4 billion ($210 million). Additionally the Danish parent, DDL, will carry out a new stock issue worth DKr550 million ($96.3 million), while the Swedish parent, Sila/ABB, will pay a one-off total dividend to shareholders of SKr1.7 ...
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Nice and easy
UK low-fare, no-frills startup EasyJet is continuing its rapid expansion with the launch of daily flights from London/Luton to Nice and Barcelona from early June. One-way fares start at $31. Source: Airline Business
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ATC: food for thought
The diverse worlds of air traffic control and airline catering meet with the extraordinary acronym of Eatchip, which, much to the disappointment of food aficionados, stands for European Air Traffic Control Harmonisaton and Improvement Programme. All of a sudden, the usually lugubrious air traffic control sector has moved ...
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FLIR for UH-1H
FLIR Systems has been awarded a US Navy contract for up to 100 thermal-imaging navigation sensors, potentially worth $45.5 million, for US Marine Corps Bell UH-1H helicopters. Source: Flight International
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All bark and no bite?
Demands on the European Commission to protect smaller or new entrant airlines from anti-competitive behaviour could increase with the recent rise in startup activity. But is the Commission equipped for the task? By Trevor Soames.Europe has come a long way since the third package of air transport liberalisation measures swept ...
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Latin American lead
Increasingly creative financial mechanisms and new products that insure against political and contractual risks, are providing incentives for private sector investment in Latin American and Caribbean airports. By Ellis Juan.As the air transport sector continues its rapid expansion in an increasingly globalised economy, the entry of fast-growing new participants like ...
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Europe's cost crisis
What does it take to ensure the start up of a profitable low-cost carrier in Europe? Hugh Parry looks at the pitfalls and compares the cost of operating in Europe to what is on offer in the US.Imagine an airline based at London/Heathrow flying to Paris 15 times a ...
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Dealing in Deutsche marks
The German tax lease market is growing, and providing an important source of aircraft funds, but there are fears that any liberties taken with structures could lead to tighter regulation by the tax authorities. Trevor French reports.It doesn't often happen that the arcane world of aircraft finance hits the front ...
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Mixed fortunes
Last year, the 100 largest regional airlines in the world carried 124 million passengers, employed 87,000 people, and flew 2,700 jet and turboprop aircraft. Only just over half provided revenue figures and even fewer divulged profits, but among those that did report financial figures, revenues grew 14.8 per cent to ...
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Upstaging PIA
Pakistan Pakistan's private carriers, launched less than three years ago, have ruffled the feathers of state-owned Pakistan International Airlines and transformed the country's airline industry. Sandeep Singh reports.Before the government's liberalisation policy opened up the aviation sector to aggressive entry by the private sector three years ago, the mandarins of ...
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Food for thought
Cost-cutting and branding are the mantras of today's airline managers and nowhere are the two more entwined than in the catering product - one of the main elements of inflight service that governs customer loyalty. By Mark Odell. In the dual battle for profitability and greater competitiveness the drive for ...
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Financial results
Aer Lingus' operating profit was $83.3m, partly due to increased traffic. The carrier received $80m in government aid in 1995. Aeromexico's load factor fell 4.5 points to 60%. Cost saving measures cut capacity 13% and reduced staff by 10%. Operating profit was $24m. Cathay benefited from ...
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No room at the inn?
Continued capacity constraints at London/Heathrow have long dictated the US position in liberalisation talks with the UK. Now the physical limits have reached the point where other European hubs threaten to siphon North Atlantic traffic away from Heathrow. By Mead Jennings. TWA, which sold its right to fly to ...
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Airline news
Lufthansa is launching an on-line reservation service that can be accessed through either a CD-ROM format or through the Internet or other on-line services. Distribution of the CD-ROM is in conjunction with travel agents, who will be able to customse their own versions of the disc. South African ...
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Pressing for open skies
The US Department of Transportation has in general had strong support from the halls of Congress of late - especially in the realm of international aviation issues. In a late March floor speech, Larry Pressler, South Dakota Republican and chairman of the Senate commerce committee, spoke on the ...
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PAL recovery under threat
The recovery of Philippine Airlines from disastrous financial losses over the past two years is under threat from rising competition from a growing number of startups with ambitions to launch on to key regional routes. Grand Air and Cebu Pacific Air, which have both made inroads on domestic ...
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Ansett's Kiwi jaunt drags
Rupert Murdoch's News Corp is considering a total takeover of Ansett New Zealand in a final bid to remove obstacles to the proposed merger of Air New Zealand and Australian domestic Ansett. Severing the controlling link between Ansett Australia and Ansett New Zealand appears to be the only ...