News from FlightGlobal – Page 2329
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News
Routes
Augsburg Airways is to operate two new services from 1 November as part of its franchise deal with Lufthansa. The airline will now from Hof to Bayreuth, and from Frankfurt to London City Airport. Air New Zealand and Air Canada have announced their implementation of a codeshare agreement on routes ...
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United prepares recession plan
Graham Warwick/CHICAGO United Airlines plans to use its remaining Boeing 727s and older 737s as a buffer against recession, as it draws up strategies to stay profitable during the next economic downturn. "We don't know when, but the recession will come," predicts senior vice-president planning Rono Dutta, adding: ...
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US Airways selects 'hybrid' PW4000 for A330
US Airways has become the first airline to select Pratt & Whitney's "hybrid" PW4000 turbofan. The US airline has ordered the 73,000lb-thrust (324kN) PW4173 to power some of the 30 Airbus A330-300s it has on order and option. The airline, which has firm orders for seven A330s and options ...
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Air Afrique takes privatised route to clear debts
Air Afrique is moving ahead with a privatisation plan from which the debt-ridden carrier hopes to emerge with 49% of the shares held privately, leaving the state owners of the Cote-d'Ivoire-based airline with the remainder. Ministers of the 11 former French colonies in West Africa, which own the bulk ...
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Getting ready for recession
Graham Warwick/CHICAGO United Airlines is drawing up plans to stay profitable through the next industry downturn, despite being unsure exactly when it will happen. In fact, the carrier seems to regard a recession as necessary if airline stock prices are ever to achieve their full potential again. As ...
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Deutsche Bank to acquire Boullioun
Deutsche Bank has agreed to purchase US aircraft leasing company Boullioun Aviation Services from Sumitomo Trust & Banking in a deal valued at around $120 million. The acquisition should be completed by year-end, following regulatory approval and other agreements. The Bellevue, Washington-based company was set up in 1986 by ...
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FAA examines insulation rules after MD-11 crash
Ramon Lopez/WASHINGTON DC Within six months, the US Federal Aviation Administration is to produce a tougher burn test specification for aircraft internal insulation blankets. The action results partly from investigations into the 2 September crash of a Swissair Boeing MD-11 off Nova Scotia. Although the cause of the fatal ...
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Troubled PAL searches for wealthy investor
Paul Lewis/SINGAPORE Philippine Airlines (PAL) is in a race against time to convince Cathay Pacific Airways and other potential new investors to support the financially stricken national carrier ahead of submitting a rescue plan to the country's Securities Exchange Commission (SEC) on 21 November. Cathay Pacific, along with Northwest Airlines ...
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Boeing targets year end for assessment of 747 stretch
Guy Norris/LOS ANGELES Boeing expects to complete windtunnel tests of a stretched, 500-seater 747 by the end of the year and, pending the successful conclusion of business case studies and sufficient customer commitments, says it could launch the aircraft by mid-1999. Boeing, which celebrated 30 years of 747 assembly earlier ...
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SA Airlink will move on Kalahari Express deal
South African regional airline SA Airlink has reached an agreement with Namibian state holding company TransNamib on taking a large stake in start-up Kalahari Express Airlines. The agreement still needs to be ratified by both boards. Trans Namib rescued the airline in June after the original shareholders failed to ...
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Airports
-Brussels' South Charleroi Airport opened its new terminal on 10 October. A decision to extend the runway to 3,000m (10,000ft) is expected next month. -Ownership of Brussels Airport changed on 1 October. The joint venture between private enterprise Brussels Airport Terminal Company, which ran the landside operation, and the government's ...
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Boeing faces tough delivery target
Boeing's efforts to stretch production capacity has left it facing the challenge of delivering up to 182 aircraft over the last three months of the year if it is to meet its predicted delivery tally of 550 aircraft in 1998. According to third quarter delivery figures released by the ...
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Mega-merger consolidates UK holiday airlines
Günter Endres/LONDON Plans by tour operators Thomas Cook and the Carlson Leisure Group to merge are set to lead to a further consolidation of UK charter operators. The deal, which is still subject to regulatory approval, could spell the end of the Caledonian Airways name and propel Thomas ...
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Russia and USA sign to commit to safety
Russia and the USA have signed two agreements aimed at improving aviation safety relations between the two countries. The deals were signed last month by US State Secretary Madeleine Albright and her Russian counterpart, Yevgeni Primakov (who has subsequently become prime minister). The main part of the first ...
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News
Japan delays American partnership plans
Paul Lewis/SINGAPORE Japan Airlines (JAL) has delayed the start of its planned code-share partnership with American Airlines and is putting on hold any consideration of joining a wider global alliance until its bilateral arrangement with the US carrier is implemented. The Japanese airline had intended in early September ...
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Marketplace
-India's Jet Airways has taken delivery of two Boeing 737-800s. The leased aircraft will replace one 737-400 and one 737-500. -Indian airline Bengal Air is adding two more British Aerospace 748-2Bs for a late October start. -Cargo airline Atlas Air has purchased Cargolux International's three Boeing 747-200 freighters, but will ...
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Air Liberte attacks French business market
Air Liberte president Marc Rochet, has confirmed that the airline has submitted a "statement of interest" with its major shareholders, British Airways and the Bolloré group, for the purchase of French independent carrier AOM. "We're not saying we'll end up buying it-but we're certainly interested to find out more ...
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Skyways buys up express route in Scandinavia
SAS and its regional associate, Skyways, in which it owns a 25% stake, are fighting back against Norwegian intruder Braathens in the Swedish market, with the purchase of two domestic carriers. Having nipped in the bud the ambitions of Gothenburg start-up CityAirline by taking it over before it was ...
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Solid succeeds Icelandair service
New Luxembourg airline Solid'air is to plug the gap which will be left by the planned withdrawal next January of Icelandair's long-standing operations out of the Grand Duchy. Solid'air is working towards a 12 December start, putting together a regular schedule to destinations in Florida and the Caribbean. ...
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Southern crosses out plans for Japan launch but stays afloat
Andrew Mollet/TOKYO Southern Cross has scrapped plans to launch a new airline in Japan, becoming the latest casualty in the country's attempt to open up domestic competition to start-up carriers. The airline was set up in August 1997 with joint investment by 32 major firms in Okinawa province. ...