All Strategy news – Page 996
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News
Reality check
Problems with the FAA's cornerstone satnav programme have users worried Graham Warwick/WASHINGTON DC B beset with funding and other issues surrounding its transition to satellite navigation, the last thing the US Federal Aviation Administration needs is a problem with its keystone Wide Area Augmentation System (WAAS) programme. But a problem ...
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Boeing begins 70-seat 717 study
Guy Norris/LOS ANGELES Boeing has begun concept studies of a 70-seat regional-jet variant of its 717 as part of wider family options based on the -200, -100X and -300X derivatives. It has also commissioned a broad-ranging study of the regional airline market to help guide its 717 development plan. The ...
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Fit cockpit video, says NTSB
The US National Transportation Safety Board (NTSB) has recommended the compulsory installation of cockpit video recorders in turbine-powered aircraft which at present are not required to carry flight data recorders (FDRs). The NTSB recommendation springs from its investigation of a 1997 Scenic Airlines Cessna 208B Caravan crash in Montrose, ...
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Part-share simulator centres are in the pipeline
Two Denver, Colorado-based companies are moving into the training centre business, with new approaches to providing affordable access to simulators. Training Devices International (TDI) is marketing fractional ownership of simulators. It holds letters of intent from regionals interested in buying shares in two in-production Raytheon Beech 1900s, says president ...
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ANZ snaps up Ansett Australia
Paul Phelan/MELBOURNEAir New Zealand (ANZ) has taken over Ansett Australia after agreeing to buy the 50% of Ansett Holdings it did not already own from News Corporation for A$580 million ($365 million). The combined entity will be 85% the size of Australian flag carrier Qantas, with annual revenues of over ...
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Cash, shares in Ansett deal
Air New Zealand's purchase of the 50% of Australia's Ansett that it does not already own covers an immediate cash payment to News Ltd of A$580 million ($367 million) and a subsequent payment valued at A$100 million in cash or in shares. Air New Zealand chairman Selwyn Cushing says ...
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Northwest eyes tie-up with cal
Northwest Airlines has rejected suggestions that it is close to taking a stake in Taiwan's China Airlines (CAL) although it confirms that it has held talks with the carrier on a potential partnership. "Northwest Airlines has no intention to make an equity investment in China Airlines, but has had ...
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Cathay splashes out on travellers' spa
The slogan "Arrive in Better Shape" was for many years the marketing catch phrase of Cathay Pacific Airways before it switched to the politically more astute sales banner "The Heart of Asia." This Hong Kong flag carrier's former motto would appear to be alive and kicking today, with ...
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Honeywell plans to grow business in Asia
Honeywell is talking to customers at the show about what they want from the new Honeywell/AlliedSignal partnership. Honeywell's Singapore Repair and Overhaul centre has been in operation since 1978 and is a focal point for customer support throughout Asia and the Pacific. It handles APUs, propulsion engines, components ...
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Why leasing makes sense as market gets back on its feet
Singapore Aircraft Leasing Enterprise (SALE) has seen phenomenal growth since its establishment in 1993. The Singapore-based aircraft operating lessor, the shareholders of which include Boullioun Aviation Services, Singapore Airlines and two investment arms of the Singapore government, today has a portfolio of 26 aircraft. With 32 more on firm order, ...
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Regionals crack important China and Japan markets
Nicholas Ionides/ATI The world's top regional jet (RJ) makers have cracked two important markets over the past six months - China and Japan - leading to hopes that the sales success of RJs in the USA and Europe may now be spreading to Asia. Fairchild was the first, ...
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Supply may frustrate freighter conversions
The market for freighter conversions is estimated at some 2,300 aircraft in the next 20 years, but availability of appropriate aircraft for conversion may be an issue. Speaking at Air Freight Asia, Bharat Bhise, president and chief executive officer of C-S Aviation Services, sees continued strong growth in the ...
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Malaysian Prime Minister gives nod to limited open skies
Chuck Grieve Malaysia is prepared to grant reciprocal open skies rights as part of the government's efforts to support its growing air transport industry, Prime Minister Dr Mahathir Mohamad told an aviation conference in Kuala Lumpur. Delivering the keynote address at the opening of Air Freight Asia 2000 ...
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Air Foyle plans widebody arm
Chris Jasper/LONDON UK cargo carrier and wet-lease specialist Air Foyle is to revamp its freight business around widebody long-haul operations, using four Boeing 747-200Fs. It plans to lease Boeing 737 Classics as it rethinks its passenger strategy after selling a controlling stake in Ireland's CityJet to Air France. Air Foyle's ...
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Airbus lines up huge MAS order
Andrew Doyle/MUNICH Paul Lewis/WASHINGTON DC Malaysia Airlines (MAS) is in the final stages of negotiations with Airbus Industrie on an order for up to 80 aircraft, including 18 A340-500/600 widebodies and up to 62 examples of the A320 family. Industry sources say the aircraft types have been agreed ...
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BA and KLM post third-quarter losses
Chris Jasper/LONDON Frits Njio/AMSTERDAM British Airways has announced third quarter results which suggest it is on the way to a big full year loss, although a rise in yields suggests its new premium passenger strategy is paying off. European rival KLM has posted even poorer figures, but unlike BA ...
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Routes
Channel Islands-based Aurigny will launch twice-daily services between Guernsey and Manchester in the UK next month, using a Saab 340. Air France and Italian start-up Gandalf Airlines have signed a codeshare agreement on the Bergamo-Paris route, which Gandalf will operate with its Fairchild 328JETs. The agreement could be expanded to ...
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Air Canada tackles part of Canadian's debts
Air Canada has restructured part of the C$3.5 billion ($2.4 billion) debt owed by Canadian Airlines, with which it is merging, after reaching agreement with GE Capital Aviation Services. The deal, worth "tens of millions of dollars" according to Air Canada chief executive Robert Milton, covers the lease of a ...
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SIA's Star acceptance gives Thai a codeshare headache
Andrzej Jeziorski/SINGAPORE Thai Airways International is considering quitting the Star Alliance as a result of rival Singapore Airlines' (SIA) entry into the group from April. Thai president Thamnoon Wanglee has reportedly warned that it could lose $10 million a year in codesharing revenues that will have to be ...
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Air France hopes for more hub space
Julian Moxon/PARIS Air France is to reap the benefits of the expansion potential at Paris Charles de Gaulle Airport with a new plan by Aéroports de Paris (ADP) to add two new satellites at its terminal 2 hub. While described as "only a study" by ADP, Air France has ...