All Networks articles – Page 1193
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News
Marketplace
-Atlas Air has placed one Boeing 747-200F and two Boeing 747-400Fs with FedEx on wet-lease, by the end of the year. -Cebu Pacific is boosting its McDonnell Douglas DC-9-30 fleet to ten with the addition of three more aircraft.The first aircraft, an ex-Air Canada example, was delivered last month. Two ...
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Routes
-Alitalia Cargo and KLM Cargo have started a joint freighter service. Using two KLM Boeing 747-300s and three Alitalia 747-200s, the airlines have a multihub arrangement based on Amsterdam Schiphol, Milan Malpensa and Rome Fiumicino. The agreement enables Alitalia Cargo to add Amsterdam, Dubai, Kuala Lumpur, Penang, Singapore and Tel ...
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British Midland goes regional with ERJ-145s
Max Kingsley-Jones/LONDON British Midland (BM) has confirmed its expected move into regional jet operations, with a $200 million order for up to 15 Embraer RJ-145s. The airline, however, has not yet finalised its fleet plans for long haul aircraft, but has held delivery positions with Airbus Industrie and Boeing ...
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Royal Brunei is forced to delay A319s by new management
Paul Lewis/SINGAPORE Royal Brunei Airlines (RBA) has been forced to postpone taking delivery of two Airbus A319s in the wake of a senior management shake-up within the company, and after having failed to meet payment deadlines to the manufacturer. RBA had been scheduled to take delivery of the ...
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SAir Group acquires major Air Europe stake
Marco Messalla/MILAN Swissair parent SAir Group is to grow its increasing portfolio of small European airlines by taking the maximum permitted stake in Italian long-range charter carrier Air Europe, through the purchase of 49.9% of Dutch-based holding company Tegel. The move follows the recent purchase of 44%of France's Air ...
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Air Niugini reduces debt with Government cash
Papua New Guinea (PNG) has boosted Air Niugini's capital base to over kina60 million ($22 million) with a kina50 million cash injection, as part of a wider effort to restructure the airline. The injection will allow the carrier to reduce its debt to PNG Banking, believed to exceed kina150 million. ...
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China Airlines shares will go on the market
Taiwan's state-controlled China Aviation Development Foundation (CADF) has approved the proposed sale of half of its 71% majority stake in China Airlines (CAL) to yet to be identified local or foreign investors. CADF plans to reduce its holding in CAL to 35.5%, as part of a move to revamp ...
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Airports
-The long-awaited start of construction of the Guangzhou New Airport in China has moved closer with the award of the initial design contract for the passenger terminal to Parsons Greiner of the USA. The deal, worth about $10 million, represents one of the first significant contracts to be awarded since ...
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Financial troubles force Transaero to cut back
Paul Duffy/MOSCOW Transaero, Russia 's third largest carrier, has scaled back its operations by about 30%, with further reductions expected to follow in the face of continuing financial problems at the airline and the worsening domestic economy. Among the first services to be dropped are flights on the Moscow-Riga-London ...
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Boeing's Mulally details 'better plan' for profits
Andrew Doyle/SEATTLE New Boeing Commercial Airplanes president, Alan Mulally, has pledged to get the manufacturer's troubled airliner production lines back on track within the next 12 months as part of what he calls his "better plan" for restoring the company's flagging profitability. Mulally, brought in to replace Ron Woodard, ...
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Lithuanian fleet boosted with Saab
Lithuanian Airlines is to boost its Saab turboprop fleet with the lease of two Saab 2000s from the manufacturer's leasing division. The two aircraft, which were previously operated by Deutsche BA and France's Regional Airlines, will arrive at the Lithuanian national carrier's Vilnius base this month, joining two Saab ...
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Gathering clouds threaten European open skies deals
Max Kingsley-Jones/LONDON Julian Moxon/PARIS Any prospects of an immediate UK-US open skies agreement have disappeared, following the confirmation by British Airways that it is postponing its plans for a full-blown strategic alliance with American Airlines. Meanwhile, France is pressing ahead with implementing its bilateral aviation agreement with the ...
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Routes
-Dutch carrier Transavia is to become the first non-Greek airline to operate scheduled domestic services between Greek territories when, from 2 November this year to 27 March 1999, it sets up flights between Rhodes and Heraklion, Crete. -Martinair Cargo will increase both routes and capacity in the Latin American region ...
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SIA profits down
Singapore Airlines (SIA) blamed the Asian economic downturn for its poor financial performance for the first half of its 1998 financial year with operating profits plummeting 44% to S$246 million ($x million), a drop of S$195 million on 1997 first half figures. Revenues were down $87 million at $3.43 billion. ...
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MD-11 probe leads to entertainment disconnection
Swissair has voluntarily disconnected the in-flight entertainment systems on its Boeing 747 and MD-11 fleets as a precaution because some heat-damaged wiring associated with it has been found in the MD-11 which crashed off Nova Scotia, Canada, on 2 September. Both the airline and the Transportation Safety Board of Canada ...
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BA closes on RB211 'hybrid' retrofit deal
Andrew Doyle/SEATTLE Max Kingsley-Jones/LONDON British Airways is finalising a deal with Rolls-Royce to upgrade the engines on half of its 50-strong fleet of RB211-powered Boeing 747-400s, as it finalises a plan to phase out the remainder of its "classic" 747 variants within the next four years. The proposed contract, which ...
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Boeing tests 747-X trailing edge wedge
Boeing has begun flight tests of a trailing-edge wedge wing modification on a 747-400 as the first element of a potential package of changes that could be applied to future 747 derivatives. The modification consists of a triangular-shaped wedge on the lower surface of the wing trailing edge, and ...
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American and BA in accord on Iberia stake
American Airlines and British Airways, leaders of the oneworld alliance, have reached a tentative agreement with Iberia's state holding company to acquire jointly a 10% stake in the Spanish flag carrier as it is transferred into private ownership. The agreement, which signals the next likely move to bolster the new ...
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SAA secures bilaterals ahead of sell-off
Hilka Birns/CAPE TOWN South African Airways (SAA) has secured bilateral agreements with Swissair and Singapore Airlines (SIA) and has extended its alliance with Lufthansa as part of its streamlining process ahead of privatisation. The airline is also negotiating similar alliances in the Middle East, North America, South America ...
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More Air Do routes
Japan's transport ministry has licensed Hokkaido International Airlines, known as Air Do, to fly between Tokyo and Sapporo. The new carrier will fly three round trip services daily from 20 December, with fares to be set at 36% lower than existing ticket prices. Air Do is the second new Japanese ...