All Networks articles – Page 1202
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Lockheed Martin expands with Comsat
Graham Warwick/WASHINGTON DC Lockheed Martin has boosted its bid to become a turnkey commercial satellite communications service provider by agreeing to acquire Comsat for around $2.7 billion. Comsat is the US member of Intelsat and Inmarsat and the largest provider of space segment capacity for both international satellite communications ...
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Healthy future ?
The European regional airline industry has once again beaten all records, with this year's European Regions Airline Association (ERA) meeting in Hanover, Germany, reporting double digit growth in passenger traffic, re-equipment by carriers with new regional jet aircraft and reasonable profit margins. The health of the regionals is traceable ...
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Marketplace
-SilkAir has taken delivery of its first International Aero Engines V2500-A5-powered Airbus A320. The regional division of Singapore Airlines is replacing its Boeing 737-300 fleet with four A320s and four A319s, and holds options on another 10 aircraft. -ING Lease International Equipment Management has sold and delivered an ex-Pan American ...
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Routes
-Alaska Airlines will suspend its once-weekly winter service to the Russian Far East on 8 October, because the recent circumstances with the Russian economy have made its operations uneconomical, says the airline. Alaska plans to provide connecting services to the region through its marketing partner, Reeve Aleutian Airways, when government ...
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BAe profits
British Aerospace has reported pre-tax profits for the half year up by 24%.Despite the rise, and a record order book, the company's shares tumbled after a fall in oil prices cut operating cashflow as a result of payments from the Saudi Arabian Al Yamamah contract by at least £500 million ...
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Lufthansa clears plans for $2.3 billion fleet expansion
Andrzej Jeziorski/MUNICH Lufthansa has cleared plans for $2.3 billion of new aircraft orders for the airline and its regional and freight subsidiaries. A total of 42 new aircraft is to be ordered for delivery from 2000. The airline says that this order is in line with anticipated traffic increases in ...
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FAA close to finalising Flight 2000
Emma Kelly/LONDON The US Federal Aviation Administration is to present its final plans for the revised Flight 2000 programme in December. Flight 2000, formerly dubbed Ha'laska, was intended to be the FAA's operational demonstration of integrated flight system capabilities in Hawaii and Alaska. The programme, based on ...
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EVA ditches plans for A340-500
Brent Hannon/TAIPEI EVA Airways has dropped plans to purchase 12 Airbus A340-500 and -600s after posting its first loss in over three years. The privately owned Taiwanese airline was among the launch customers for the new Rolls-Royce Trent 500-powered 313/380-seat A340 family, even though it never got beyond placing ...
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Kendell gets 50-seaters in Ansett's regional reshuffle
Paul Phelan/MELBOURNE Ansett Australia is to restructure its regional operations in a move which will see subsidiary Kendell Airlines acquiring a fleet of 50-seat regional jets. Meanwhile, a decision on Ansett's long-term route and fleet strategy is expected by the year-end. Kendell is finalising a deal for 12 ...
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Boeing finds home for Garuda 737s
Boeing has found a home for two of the 737-300s that had been destined for Garuda. The manufacturer is also believed to be negotiating to place other aircraft previously destined for the Indonesian carrier with Air New Zealand. Heller Financial has signed a deal for the two "whitetail" 737-300s ...
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AA/BA unveil 'world' alliance
Andrew Chuter/LONDON American Airlines and British Airways have finalised the first stage of their global expansion plans with an alliance that pulls the two carriers together with Cathay Pacific, Qantas and Canadian Airlines International. The group, which has been put together under the working title of "World Alliance", ...
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Italy rethinks airport proposals after Malpensa rejection
The Italian Government is revising its proposals ordering airlines to transfer from Milan Linate to Malpensa Airport after the European Commission (EC) had rejected the plan, calling it "discriminatory, disproportionate and therefore illegal". Despite the decision, Italian transport minister Claudio Burlando still insists that the airport will open as ...
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Northwest faces mechanics after pilot deal
Northwest Airlines managers face more unrest as they turn their attention to mechanics who are threatening to strike over pay and work rules. This follows resolution of a pilot strike earlier this month. The 27,000 maintenance workers of the USA's fourth-largest airline, who are represented by the International Association ...
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Kitty Hawk follows Fine Air and drops plans to buy Southern Air
Ramon Lopez/WASHINGTON DC Kitty Hawk has terminated negotiations to buy financially troubled Southern Air Transport (SAT), after the two companies failed to reach a final agreement. Neither airline would say what led to the decision to break off talks, which started soon after Miami, Florida-based Fine Air Services ...
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European Union carriers quietly plug JAT gap
European Union (EU) airlines are expected to take advantage of a new flight ban imposed on Yugoslavian carriers operating to EU destinations as part of the recent economic sanctions against Belgrade following its military actions against the civil population in Kosovo. Lufthansa has replaced 130-seat Boeing 737-300s normally used ...
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Two's Company
The announcement of the American Airlines/British Airways-led strategic alliance brings into sharp focus the long term destiny for the world's airlines. The move, which was announced on 21 September, creates a second major power to rival the Star Alliance, which until now has existed in splendid isolation. Working on ...
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Deep impact
Max Kingsley-Jones/FARNBOROUGH Airbus Industrie's recent, relentless pounding of Boeing continued through the Farnborough air show week, with the European consortium announcing some $12 billion worth of sales, taking orders past 3,000. The string of recent successes, combined with a new product launch, look set to ensure that Airbus will indeed ...
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GATX and Flightlease form major leasing venture
GATX Capital, a leading US operating lessor, has linked with the SAirGroup leasing division Flightlease to create what is claimed to be the world's third-largest leasing company. The new company, GATX Flightlease Management, will be jointly owned and based at SAir's head office near Zurich Airport. Flightlease and GATX ...
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Regional jam ?
Paul Lewis and Graham Warwick/FARNBOROUGH The regional aircraft market has undergone a radical shake-up in recent years, during which time supply has been dramatically curtailed in the face of finite demand. The casualties have been numerous - Fokker, Jetstream and Saab to name a few. The market has shifted from ...
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Last talks to save PAL
Efforts were being mounted by the Philippines Government, as Flight International went to press, to stave off the collapse of Philippines Airlines (PAL) after a warning from the carrier's owner that it will cease to operate on 24 September unless labour and debt problems are resolved. Source: Flight International