Networks – Page 1283
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Rochet initiates TAT/Air Liberte merger
Marc Rochet, the joint president of the two British Airways subsidiaries in France, TAT European Airlines and Air Liberté, has made a start on moves to merge the two carriers to "-take advantage of the synergies" and create the country's second-biggest airline. Under a French legal process, which ...
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Austrian Airlines takes control of rival Lauda Air
Austrian Airlines (AUA) is taking a controlling stake in rival Lauda Air, incorporating it into a national-airline group alongside regional carrier Tyrolean Airways. "The Austrian market is too small for three competing airlines, so it is our strategy to work jointly to be more competitive with other major ...
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Cathay maintains steady course
Cathay Pacific Airways has turned in a steady set of 1996 financial results, despite struggling with a falling Japanese yen and soaring fuel costs, while the airline's net profits also received a hefty boost from the sale of part of its share in sister carrier Dragonair. Overall, the ...
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General Electric snaps up Greenwich Air/UNC
Just weeks after Greenwich Air Services agreed to buy UNC to create the world's largest independent engine-maintenance business, General Electric has stepped in to buy both groups. The acquisition of Greenwich/UNC, which is due to be completed within the next six months, would give GE Engine Services sales ...
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Sabena is rocked by record losses
Sabena president Paul Reutlinger has revealed the heaviest losses in the Belgian airline's history and admits that its performance remains under review by main shareholder Swissair. The group's total net loss climbed to BFr8.8 billion ($248 million) in 1996, although close to half of the figure came from ...
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Bad Promises
A EUROPEAN UNION guarantee seems to be a bit like Sam Goldwyn's famed verbal contract - not worth the paper it's written on. Certainly, that seems to be the case with the guarantees that the EU gave operators of Chapter 2 aircraft in 1992 that they could continue to operate ...
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The big question
Given the highly public differences between Airbus Industrie and Boeing over the existence, or otherwise, of a multi-billion-dollar market for a new large airliner, you could be forgiven for thinking that a yawning gulf exists between long-term forecasts from the two manufacturers. In fact, this is not so. ...
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Struggle for success
There have been recent airline casualties in the South American commercial air-transport industry's struggle to find its feet - a scrap which continues today. Although traffic is growing fast in this market, there is a clear need for restructuring what has traditionally been a fragmented and unprofitable airline sector. According ...
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Aeroflot change
Aeroflot-Russian International Airlines (ARIA) has lost its general director, Marshal Evgeny Shaposhnikov, following his departure to become an advisor to Russian president Boris Yeltsin. The Aria board has appointed his deputy Valeri Okulov as an acting replacement pending an official decision. Okulov, who is Yeltsin's son-in-law, started his career as ...
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EVA to Amsterdam
EVA Airways plans to launch a thrice-weekly passenger service between Taipei and Amsterdam, via Dubai, from 8 May. The Taiwanese carrier also intends to begin a twice-weekly cargo service to Brussels, via Singapore and Dubai, from 9May. EVA will also cut its Taipei-Amsterdam freight frequency from three to one flight ...
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Tarom discusses MD-11 acquisition with MDC
Romanian flag carrier Tarom is talking to McDonnell Douglas (MDC) about a possible MD-11 purchase as it awaits Government clearance to buy next-generation Boeing 737s and AI(R) ATR 42 turboprops. A delegation from McDonnell Douglas visited Romanian capital Bucharest in February to discuss the potential acquisition by Tarom ...
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Deutsche BA orders seven more 737-300s to replace Fokker 100s
The airline, British Airways' German subsidiary, says that the contract is worth $287 million, and that deliveries of the 136-seat aircraft will start in August. Deutsche BA's present 737-300 fleet, which consists of nine leased aircraft, will be boosted to up to 18 737s by the end of ...
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JAL spins off new domestic subsidiary
Japan Airlines (JAL) has announced that its planned new domestic subsidiary carrier, JALEXPRESS, will be formally incorporated from 1 April and begin operations in 1998. The new 100% JAL-owned airline is being established to compete with Japan's proliferating number of planned low-cost start-up carriers, following partial liberalisation of ...
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Kenya Airways pursues plan to expand Nairobi into a hub
A year on from its successful privatisation, Kenya Airways plans to launch the first phase in the development of Nairobi Airport as a hub. Managing director Brian Davies reveals that the airline has ordered a third new Boeing 737-300 and will reconsider its long-haul fleet structure. Davies says ...
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Sabreliner moves cargo conversions to boost capacity
Dimension Aviation, the new modification centre set up recently by Sabreliner, has taken over all McDonnell Douglas (MDC) US widebody cargo-conversion work from sister company SabreTech, and could eventually have the capability to convert up to 12 aircraft simultaneously. Sabreliner established Dimension in February as part of a ...
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Swisscargo capacity
Swissair cargo subsidiary Swisscargo has signed an agreement with Belgium's new low-cost long-haul scheduled airline City Bird, to take the total freight capacity of City Bird's two McDonnell Douglas MD-11s. The airline will start operations on 27 March. Source: Flight International
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Why doesn't BA invest in Northolt?
Sir - It was with regret that I learned of British Airways' wish to cease flights between Newquay, Cornwall, and London Heathrow from 30 March, and fly Newquay-Gatwick instead. Many business people who wish to travel on BA's long-haul flights to the Far East and the USA will ...
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Airbus outlines business case for launching its large airliner
Airbus Industrie is building a business case for launching the A3XX based on prospects of winning around 650 orders for the programme over the next 20 years, says John Leahy senior vice-president Commercial. The comments came as Airbus and Boeing used the release of long-range forecasts to justify ...
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Renewed US ticket tax sparks hostility
US PRESIDENT Clinton has renewed the 10%airline ticket tax to the end of the fiscal year, pending a longer-term review of new proposals for funding the Federal Aviation Administration. The ticket tax lapsed again at the end of 1996 without agreement in Congress on a replacement funding method, ...
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Alitalia gets by without Fokkers
Sir - I refer to the article "Alitalia pulls plug on Fokker 70s" (Flight International, 12-18 February, P18). The original order which was placed by Alitalia for Fokker 70s has fallen through because of the well-known bankruptcy of the manufacturer. Fokker was able to deliver only five regional ...