News from FlightGlobal – Page 2294
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Routes
British Airways is launching direct once-weekly services from London Gatwick to Havana, Cuba, i n April using Boeing 777s. From May, the airline's London-Baku service will continue on to Tashkent in Uzbekistan. Air Canada is launching daily services between Toronto and San Diego in June, and between ...
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Southwest plans for expansion of non-stop services
Southwest Airlines is to add non-stop services between 20 cities as it continues to take delivery of new Boeing 737-700 narrowbodies. The Dallas, Texas-based low fares carrier expects to take delivery of 29 Next Generation 737s this year, and retire its six oldest 737-200s, taking its fleet to 306 ...
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Workshop
Pemco has won a contract from Continental for heavy maintenance checks on Boeing 727s, McDonnell Douglas DC-9s and MD-80s.It has also been picked by Las Vegas start-up National Airlines for Boeing 757-200 maintenance. ++ Finmeccanica subsidiary Aeronavali has signed an agreement with Federal Express to maintain six DC-10-10s at ...
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ANA fears unexpectedly high loss
All Nippon Airways (ANA) admits it is heading for a higher-than-expected loss in its 1998-9 fiscal year, which ended on 31 March. The Japanese carrier says press reports that it will suffer a loss of around ´11 billion ($92 million) on sales of ´900 billion are "probably" close to ...
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European regionals unite for US travel pass programme
Graham Warwick/WASHINGTON DC Chris Jasper/LONDON A group of 15 second tier and regional European airlines is to press ahead with a radical plan aimed at maximising their exposure in the USA through an innovative travel pass scheme. The programme, run by Los Angeles-based Europe by Air, is modelled ...
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Little relief in taxing times
Jack Sellsby/LONDON Tax law changes have put paid to cheap deals Until the final quarter of last year, potential aircraft purchasers could take advantage of major rivalry in the aircraft finance markets between finance houses and banks in different jurisdictions offering airlines attractive tax-based finance structures. These made financing aircraft ...
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Airlines keep options open
Jack Sellsby/LONDON A wide choice of financial packages brings its own complications Ask an aircraft financier about the best way to pay for an airliner and there is never a simple answer - either in healthy economic times or poor. But airlines may have a surprisingly wide choice of finance ...
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Credit search
Jack Sellsby/LONDON Financing aircraft can be a nightmare for some airlines and a hazard for lenders Airlines spend billions of dollars on new aircraft deliveries each year, and manufacturers - aided by their ever-willing and export-minded governments - ensure comparable amounts of commercial jets are financed. Airlines with ...
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Phoenix Fanjet's future waits on court decision
Kate Sarsfield/LONDON Alberta Aerospace's (AAC) plan to certificate and deliver its single-engined Phoenix Fanjet by the end of the year has been thwarted by a legal battle over the rights to the aircraft, formally known as the Promavia Jet Squalus. Canada's AAC secured a licence agreement with Belgium's ...
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Portuguese flag carrier to join SAirGroup stable
TAP Air Portugal will become the latest European carrier to come under the partial ownership of SAir Group if plans for the Swiss company to acquire a 20% stake in the Portuguese state-owned flag-carrier are approved by the European Commission. SAir Group says it hopes to complete the purchase ...
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Ryanair introduces first 737-800 to expand European network
Ryanair has taken delivery of the first of 25 Boeing 737-800s ordered last year to expand its European network. Ryanair, which operates 21 Boeing 737-200s, including seven Stage 3 hushkitted machines, also has options for 20 737-800s. The airline 33 routes from London Stansted to Belgium, France, Ireland, Italy, Norway, ...
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Making a mark
Max Kingsley-Jones/DOHA Qatar Airways has restructured from a low-cost operator to a high-quality international carrier The Qatar government recognised that action was needed to ensure that its capital, Doha, was not isolated as the country's economy grew during the early 1990s. While the nation's shared flag carrier, Gulf ...
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Emirates' global vision
Max Kingsley-Jones/DUBAI Emirates had a handful of routes and aircraft when it began in 1985 - now it is a major force and is eyeing the A3XX The Past 14 years have been an exciting ride for Emirates. The airline has topped the growth tables for national carriers ...
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Emerging power
Max Kingsley-Jones/MUSCAT Oman Air is embarked on a programme of expansion and restructuring OMAN, on the Gulf's eastern side, rests in the shadows cast by the cosmopolitan regions to its west, such as Abu Dhabi, Bahrain and Dubai. The country has chosen not to follow its neighbours ...
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Rising forces
Rapid growth in Gulf air transport has spawned new carriers and put pressure on others. Max Kingsley-Jones reports. The developing air transport market in the Gulf has been one of the 1990s' most fascinating stories as well as one of the most difficult to unravel - for observers outside the ...
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Gulf bites back
Max Kingsley-Jones/BAHRAIN Gulf Air is fighting back from financial crisis with a clear strategy for the future Gulf Air has been through considerable pain over the past four years. Losses mounted to over $130 million and debts rose to $1.5 billion during two financially disastrous years in the ...
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Deregulated Greek market spawns another start up
Max Kingsley-Jones/LONDON Julian Moxon/PARIS The launch of Greek scheduled carrier Axon Airlines is the latest in a string of developments in the country's air transport market, following the recent introduction of deregulation. The growing band of Greek independent carriers is taking advantage of last year's lapse of the ...
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EC delays hushkit rules as US talks go on
Julian Moxon/PARIS The European Commission (EC) has agreed to delay by four weeks the introduction of tough rules on hushkitted aircraft while negotiations with the USA continue on a compromise deal. The move follows US objections to the ruling, which would ban hushkitted aircraft after 2002 and prohibit ...
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The environment starts to hot up
The environmental debate, it seems, is back with a vengeance. Europe's decision to call a halt to hushkitting has already sparked an acrimonious transatlantic row and there is every indication that this is only for starters. A discussion paper is due from the European Commission (EC) within weeks and, if ...
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PAL creditors back rehabilitation plan
Philippine Airlines (PAL) has received its first real piece of good news since June, as some of its biggest creditors back a make-or-break rehabilitation plan. The airline, which has been in receivership since June with a debt of more than $2.2 billion, filed the new plan with Manila's government-backed Securities ...