News from FlightGlobal – Page 2292
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News
Asian crisis hits worldwide air cargo, dents passenger growth
Chris Jasper/LONDON ASIA's economic crisis took a major toll on the air cargo sector worldwide last year, while severely denting growth in passenger traffic. The slowdown hit hardest at airports within Asia, although several US terminals also suffered, figures released by Airports Council International (ACI) reveal. ACI, which ...
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Bombardier profits rocket but may mask regional venture risk
Brian Dunn/MONTREAL Chris Jasper/LONDON Bombardier's aerospace division is on a high, with revenues for last year rising by 32%, to C$6.44 billion ($4.29 billion), and pre-tax profits leaping by 42% to C$682 million. The Canadian manufacturer forecasts similar growth trends during the current year. Despite this and an order backlog ...
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Canadian Airlines ponders no-frills
Canadian Airlines is considering setting up a discount carrier to cut costs and boost revenues, sources at the Calgary-based airline say. The move is part of a restructuring aimed to make it easier for money-losing Canadian to attract new investors. It is unclear how the new entrant would operate, ...
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Crossair chooses ERJ-145 regional jet to replace Saab turboprops
Andrew Doyle/BASLE Crossair has selected the Embraer RJ-145 regional jet to replace its Saab 340 turboprops. It aims to complete negotiations with the Brazilian manufacturer in time for a deal to be announced at the Paris air show in June. The Swiss regional stresses that a final decision ...
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Spring clean
There is no point in an airline carrying out a safety audit unless its employees, from chief executive to check-in clerk, are prepared to hear the truth, to recognise it as the truth, and then implement the findings. That may not be easy. Implementation may demand a total change ...
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Airbus readies for A318 launch
Paul Lewis/WASHINGTON DCAirbus Industrie is on the verge of finally launching the A318 twinjet. At the same time the European consortium has signed Egyptair as a launch customer while engine supplier Pratt & Whitney is pursuing a trade-in deal with Air China to exchange old Boeing 747s for A318 orders. ...
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China-US agreement
China and the USA were poised to sign a new air services agreement, doubling flights between the two countries, as Flight International closed for press. The deal will see the 27 weekly flights available to each country rise to 54 by April 2001, when both will also add a fourth ...
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KAL acknowledges damning safety report
Andrzej Jeziorski/SINGAPORE David Learmount/LONDON The existence of a damning report of dangerous Boeing 747 operations has been acknowledged by Korean Air (KAL), which has suffered 11 serious accidents since 1990. KAL, however, insists that the report was not part of the safety audit being carried out by Delta ...
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Continental and Boeing perform Y2K flights
Continental Airlines has staged the first flight in a simulated year 2000 (Y2K) environment to test aircraft communication addressing and reporting system (ACARS) compatibility. Boeing, meanwhile, is close to concluding its own flight testing of Y2K modified flight management systems (FMS) and inertial navigation systems (INS). The Continental ...
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United polar route launch awaits Russian go-ahead
Paul Lewis/WASHINGTON DC United Airlines hopes to be the first international carrier to launch a non-stop scheduled commercial service between New Delhi and Chicago, via central Russia and the Polar region. The service will start from late October, provided that Moscow gives it the go-ahead. The North American carrier ...
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Sweden's Novair plans long haul fleet revamp
Swedish charter airline Novair is phasing out its fleet of Lockheed L-1011 TriStar 500s, as it prepares to update its long haul fleet with Boeing 767 twinjets. The wholly owned subsidiary of Apollo, Scandinavia's third largest tour operator, has appointed UK remarketing agent Cabot Aviation to find buyers for ...
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Marketplace
Further to last week's report, the three Airbus A320s being acquired by Airtours International German associate Fly FTI are being leased from Japanese Lessor Orix. The Munich-based charter airline is also leasing a Boeing 737. Fortis Aviation has placed two 11-year-old ex-Philippine Airlines Shorts 360-300s on two-year leases with German ...
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Routes
Aeroflot Russian International Airlines will introduce a new route from Yerevan, Armenia, to Los Angeles via Moscow this summer under the recently signed co-operation agreement with Armenian Airlines. Aeroflot is expanding its short-haul network, with new direct flights from Moscow to Yuzhno-Sakhalinsk and Krasnoyarsk. At the same time, the airline ...
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Creditors oppose Philippine Airlines rescue plan
Andrzej Jeziorski/SINGAPORE Philippine Airlines' (PAL) critical rehabilitation plan, aimed at saving the troubled carrier from collapse, is meeting with opposition from its unsecured creditors. The plan must be approved by the Philippine Securities and Exchange Commission (SEC) by 15 April, but Chase Manhattan International Finance has urged the body ...
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Boeing pledges to enforce get tough policy on loss-makers
Peter La Franchi/SYDNEY Chris Jasper/LONDON Boeing chief executive Phil Condit has warned that 'value-destroying' programmes identified as lost causes will either be "shut down" or sold off. Confirming Boeing's commitment to a zero-tolerance approach to loss-making operations, introduced by new chief financial officer (CFO) Debby Hopkins, Condit says ...
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Japanese domestic price war intensifies
The price war gripping the Japanese domestic market is poised to turn more vicious with the launch of new routes operated by start-up carrier Skymark Airlines. Japan Airlines (JAL) and All Nippon Airways (ANA) have announced fresh price cuts ahead of the commencement of Skymark services from Osaka to ...
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ANA Austrian stake
Austrian investors Bank Austria and SKWB Schoellerbank have acquired the 9% stake in Austrian Airlines previously held by All Nippon Airways (ANA), taking their stakes to ASch160 million ($12.5 million) and ASch74 million, respectively. Following the deal, the pair now have a 21.2% share in the flag carrier, with Austrian ...
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Airtruck threatened by order drought
Israel Aircraft Industries (IAI) is struggling to launch its planned Airtruck cargo turboprop project, having failed to secure any firm orders for the aircraft. IAI developed the Airtruck to a FedEx requirement for a new turboprop cargo aircraft to replace its Fokker F27 turboprop freighters (Flight International, 20-27 August, ...
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Eurocontrol to present Mode S business case
Eurocontrol will present the business case for Mode S enhanced surveillance to airlines at a workshop later this month. European Mode S requirements call for the carriage and operation of Mode S transponders for new aircraft from January 2001, with all aircraft to be equipped by 2005. Europe ...
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Protests swell over 'too high' Hong Kong Airport landing fees
Andrzej Jeziorski/SINGAPORE British Airways and DHL have added their voices to a rising chorus of disapproval over landing charges at the new Hong Kong International Airport at Chek Lap Kok. According to Hong Kong-based Cathay Pacific Airways, the 60-plus airlines which operate into Chek Lap Kok are lobbying ...