All Safety News – Page 1254
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Air France signs A330 deal to replace A310/767 fleet
Julian Moxon/PARIS Air France has finalised its long-awaited medium capacity fleet renewal plans, with an order for up to 13 Airbus A330-200s. The order, worth about $1.5 billion, includes eight firm orders and five options, and provides the airline with a replacement for its medium-range fleet of 10 ...
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A330s set to wing their way to Iran
Andrew Doyle/MUNICH Iran has reached agreement with France over its planned purchase of four Airbus A330-300s for operation by flag carrier Iran Air, with deliveries of the aircraft to begin in 2001. Iranian transport minister Mohammed Hojjati told the country's official news agency, IRNA, that the $480 million deal was ...
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Top 50 Cargo Airline Ranking - 1998
Top 50 Cargo Airline Ranking - 1998 Ranking 1998 Airline Country Cargo Traffic Cargo share Total RTK's Cargo revenue $ million Cargo share of revenue Cargo yield USC/RTK Period End RTK million Change ...
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A lesson in low cost
Debonair's demise has provided a salutary lesson to other of Europe's low-fares carriers not to stray too far from the low-cost formula. Conventional wisdom may be much maligned, but it is not always wrong. Almost from the day that Franco Mancasola sketched out his plans to launch a ...
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Lufthansa eyes cargo alliance
Lufthansa Cargo is undertaking a feasibility study into a worldwide air cargo alliance. Lufthansa has signed memoranda of understandings with SAS Cargo and Singapore Airlines, which could lead to a more binding arrangement early next year. Source: Airline Business
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Air Canada's allies prepare rescue bid
DAVID KNIBB SEATTLE A showdown is expected by 8 November on the bid by Onex to acquire Air Canada and merge it with Canadian Airlines. With high stakes for the Star and oneworld alliances, United and Lufthansa Airlines appear ready to intervene on Air Canada's behalf. Onex ...
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Ansett NZ wins pilot contract battle amid sale talk
New Zealand's second airline has won the struggle with its pilots over a new contract, but it is dogged by reports that it is preparing the airline for sale. Ansett New Zealand and its pilots have been at odds most of this year over a company demand that they ...
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Freeing up the skies
PETER BENNET VIENNA Free flight promises to solve chronic capacity problems and, although it is 15 years away, Europe's aviation industry is moving ahead with creating the infrastructure. "Free flight is a misunderstood concept," says Lars Lindberg, president of AvTech aviation technology consultants in Sweden. "Some people think it is ...
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A year to forget
PETER CONWAY LONDON It took a while for the Asian downturn to affect the air cargo industry, but last year the bad news really hit home. There is little hiding from the fact that 1998 was a dismal year for the air cargo industry. And final figures from the ...
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Facing the markets
TOM GILL CASABLANCA Moroccan flag carrier Royal Air Maroc is preparing for privatisation and hopes to join Air France's global alliance. But it has not escaped the market turmoil hitting the rest of the industry. "When you make a lot of profit it is a bit worrying. You say ...
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Philippines scraps Taiwan accord
The Philippines Government, as threatened last month, has scrapped its air services agreement with Taiwan as a high-stakes dispute over a new air accord has boiled over. The Philippine Civil Aeronautics Board (CAB) has ordered the suspension from November after Taiwan refused to agree to a demand that its ...
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Hong Kong cuts fees
DAVE KNIBB SEATTLE A deal between Hong Kong's airport authority and government has cleared the way for a 15% cut in landing and parking fees at Chek Lap Kok from 1 January. Hong Kong's Government has agreed to take over fire and rescue operations at the airport to save the ...
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Government cash to rescue Garuda
NICHOLAS IONIDES SINGAPORE Garuda Indonesia is to receive a financial boost from its government owners from next year, with a promise of annual cash injections of $62 million over the next eight years. The cash-strapped airline, Indonesia's flag carrier, says the government made the promise in September, allowing for payments ...
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Asia stays cautious despite signs of recovery
The latest round of financial results from Asia's airlines show how far the bulk of the region has come over the past year. But faced with continuing depressed yields in many markets, executives across the region feel compelled to warn that a full recovery is still a distant prospect. Carriers ...
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Cintra faces new investigation
Mexico's competition commission has launched a new investigation into Cintra, the holding company for Aeromexico and Mexicana. The commission intends to focus on whether Cintra complied with conditions the commission set in 1995 when it approved Cintra's formation. This is the commission's second investigation of Cintra. In 1997 it ...
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Aeroflot calls in US bank for long-term debt advice
PETER BENNETT VIENNA Russia's flag carrier Aeroflot has selected Chase Manhattan Bank to help restructure its mounting debt problems and finalise plans for a possible re-entry into the world capital markets. The airline insists, however, that there is no chance of a fresh share issue to raise new cash ...
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Alitalia plans strategy amid growing competition
Alitalia has announced an upbeat two-year strategic plan, but in the short term it could be in for a bumpy ride. The Italian carrier forecasts a drop in net consolidated profit from 1998's L408 billion ($223 million)to L202 billion this year, blaming declining domestic yields and a rise in ...
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Forced marriages
PETER CONWAY LONDON The big three global alliances have produced few cargo synergies so far. Will they ever? Cargo departments could be forgiven for feeling a little excluded amid all the clamour surrounding global alliances. While vast amounts of management time have been focussed on cementing the right strategic relationships ...
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Expanded horizons
NICHOLAS IONIDES SINGAPORE Singapore Airlines emerged relatively unscathed from Asia's economic turmoil. Now the group's executive team, led by Dr Cheong, aim to ensure that growth gets back on track, with alliances which will increase the carrier's reach around the world. The executive team at Singapore Airlines (SIA) would seem ...
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Europe's majors call for liberalised transatlantic
ALAN GEORGE BRUSSELS The Association of European Airlines (AEA) has called for a renewed drive to establish a so-called Transatlantic Common Aviation Area, subject to a single regulatory framework. The AEA, the club of Europe's major carriers, makes the call in a draft policy paper scheduled for adoption at ...