All news – Page 8001
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News
Sabena aided in opt-out?
The momentum built up around Swissair's plans to take a 49 per cent stake in Sabena after the Belgian government granted an exemption on part of its flag carrier's social cost obligations, could yet falter as the opt-out comes under the scrutiny of the European Commission. Sabena stands ...
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Smart move to save time
Lufthansa's introduction of smartcard technology is not aimed at following the US majors in their attempts to cut distribution costs, says the carrier. The first carrier in Europe to put the new technology to use, Lufthansa says the main goal is to reduce the time passengers take to check-in and ...
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Sunny prospects
The future of the European charter industry looks bright despite increased threats from liberalisation and low-cost scheduled competition. Paul Holubowicz reports on the sector's considerable strengths.The imminent demise of the European charter sector has been regularly predicted since the 1970s, when 'charter' was often considered to be synonymous with a ...
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Make believe airline
Airline Business editor Richard Whitaker learned from his mistakes when he helped run an airline for four years. But the shareholders were not pleased with the result. 'We saw it coming . . . We took too long to do anything . . . We turned it around ...
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A gift for niches
With its gradual privatisation and firm focus on being a successful niche carrier, Finnair sees only benefits in Finland's entry into the European Union. Sara Guild visits Helsinki. The special gifts that might be expected to come with being the official carrier for Santa Claus since the 1980s have ...
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Overhauling costs
The US carriers are proving slow to react to calls for over-reliance on labour cost cuts to give way to a reengineering of the entire way in which airlines do business. Jane L Levere reports. While cost-cutting is nothing new to the US airline industry, the term 'reengineering' represents a ...
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The ratings trap
Low ratings from the two dominant financial rating agencies - Moody's and Standard & Poor's - have deprived many carriers of access to unsecured debt and increased the cost of other financings. Mead Jennings reports. Pity the poor airline treasurer. Amidst the uncertainty of the volatile airline industry, ...
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Turnup for the books
Cancellations dropped sharply in 1994 and orders look set to recover this year. But the delivery upturn is still two years away and the outlook remains tough for major and regional aircraft manufacturers alike. Mark Odell reports. No-one expected any different in 1994 as aircraft orders remained in the doldrums. ...
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More to gain in Ukraine?
Two-year-old startup Ukraine International Airlines is building on projected annual growth rates of 25 per cent, while its capital Kiev could ultimately challenge the supre-macy of Moscow as an international hub for the CIS states. At the same time the carrier's senior management is talking with potential partners, ...
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Mexican bailout hits mighty buck
There are potent signs that the long reign of the US dollar as the world's main reserve currency may be drawing to a close. As this change starts to take place, reflecting the deep seated changes in the global economic and financial system, the American currency - like sterling for ...
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Isles marshal united forces
The micro-carriers of the North Pacific have decided that group profits are better than individual losses, and are moving to form a joint airline. Led by Air Marshall Islands, the tiny island carriers have set up a working party whose task is to formulate an aircraft share scheme ...
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Bank is no pal
Government-owned Philippine National Bank (PNB) has declared its intention to sell its 7.5 per cent share in the majority holding company of Philippine Airlines. But the bank has been unable to sell its shares, worth nearly $30 million, due to lack of investor interest. Source: Airline Business
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Cuts to Thai fleet go deep
In the face of continuing depressed financial results, Thai Airways International is finally moving to rectify one of its most chronic problems - the varied and operationally costly fleet mix. Within the next five years Thai plans to reduce aircraft types from 15 to five. This is likely ...
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SAS: MD-95 blow
SAS dealt a heavy blow to McDonnell Douglas' plans to launch the MD-95, by opting for the Boeing 737-600. The MD-95 or a mix of Fokker 70s and 100s were thought to be the frontrunners in SAS' fleet renewal plan, especially as the carrier helped to specify the MD-95. SAS ...
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Indian stake in question
The high hopes of ModiLuft's management to pull Lufthansa in as an equity partner appear threatened by a claim from a US consultancy on 40 per cent of the carrier's equity. ModiLuft has made no secret of its desire to have the German major as an equity partner, ...
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DGPS demonstration is a success for Daimler-Benz
DAIMLER-BENZ Aerospace (DASA) has successfully demonstrated its differential GPS (DGPS) automatic landing system, using a Dornier 328 turboprop at Braunchweig, Germany. Four flights were carried out, each including one touch-and-go landing, during which 60 international observers had the opportunity to monitor guidance information in the aircraft cabin. The ...
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Oxford Cartographers develops new route-mapping concept
OXFORD Cartographers has developed a new concept in map imagery, which offers airlines a three-dimensional alternative to conventional "flat and featureless" route maps and inflight route-tracking displays. The UK mapmaker has based its "space" view of the Earth, on the photographic reproduction, of a specially modeled globe. ...
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CAE cautiously optimistic for 1995 sales
CAE ELECTRONICS expects commercial flight-simulator sales to increase slightly in 1995, but the Canadian simulator manufacturer admits that it will be a challenge to maintain the 75% market share it achieved in 1994. Vice-president for sales and marketing, Andy Morris, says that CAE won 12 of the 16 ...
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FlightSafety progresses with Level D orders
FLIGHTSAFETY International (FSI) has announced a spate of installations and certifications which highlight its move to build and install top-end Level D flight simulators, using its own Vital ChromaView visual system. FSI-built Level D simulators have been installed at LaGuardia, New York, for the Beech 1900D regional airliner; ...
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ASTA struggles to survive
AEROSPACE INDUSTRIES of Australia (ASTA) plans to lay off a quarter of its Aircraft Services division workforce, as the Government continues to struggle to find a buyer for the state-owned company. The announcement of 200 redundancies follows ASTA Aircraft Services' recent failure to win an important Airbus ...