News from FlightGlobal – Page 2444
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News
BEA growth continues
Airline cabin-interiors specialist B/E Aerospace (BEA) confirms its return to health with record results for the first quarter to the end of end of May. Net sales were up 17%, to almost $114 million and net profits rose fivefold, to almost $7 million. The backlog grew by $105 million, to ...
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Air Dolomiti reports first-ever profit
Marco Messalla/ROME Air Dolomiti has posted its first profits since start-up, setting up the north Italian regional carrier for its forthcoming share issue and for the expected order of three regional jets. The airline, which was founded in 1990, turned in an operating profit of L15 ...
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Traffic and revenues expand at Lufthansa
Lufthansa fortunes are climbing steeply following traffic and revenue growth in the first half of 1997. Chairman Jürgen Weber says that the national carrier has achieved substantial growth in profit in the first half of this year compared with 1996 figures. Weber highlights particularly strong growth in the ...
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Pulkovo commits to new-terminals investment
Pulkovo Air Transport, which runs airport and air services at St Petersburg, Russia, is planning a $280 million investment programme, including construction of new passenger and cargo terminals. The investment will be backed largely by a loan from the European Bank of Reconstruction and Development, possibly joined by ...
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Sabena cost-cutting begins to pay off
Sabena's push to cut costs has put it on course to break even in 1998 and return to profitability in 1999, says chief executive Paul Reutlinger. The expected recovery follows record losses of Bfr8.8 billion ($24.6 million) in 1996, caused partly by the Belgian flag carrier's restructuring programme. ...
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Tunis Air plans growth as profits rise
Tunis Air produced a major improvement in net profits for 1996 and is heading for another good result this year on the back of forecasts of rapidly rising passenger numbers. The airline has also revealed plans to expand and replace a large part of its fleet. The Tunisian ...
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Ageing-airliner census 1997
The world's ageing fleet continues to expand as new roles are found for the older airliners Max Kingsley-Jonesand Ian Sheppard/LONDON The World's fleet of ageing airliners continues to grow, while the manufacturers are boosting the production of potential new replacements to new record- breaking levels. This year's ...
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Ageing aircraft
Supersonic Aerospatiale/BAe (BAC) Concorde Thirteen of the 14 Concordes delivered to British Airways and Air France between 1975 and 1980 remain in service. Twenty Concordes were built, including two prototypes, two pre-production aircraft and two production aircraft which were not delivered. One of the seven Concordes ...
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Quiet life
Re-engineing and hushkitting activity is intensifying along with noise legislation Andrew Doyle/LONDON Technology WHICH allows ageing airliners to meet the latest noise regulations coming into force in Europe and the USA is big business. It is an industry attracting a growing number of participants ...
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Asain maintenance
The 1997 Maintenance Directory for Asia, Africa and Australasia (Flight International, 28 May-3 June) wrongly combines the entries for Hong Kong Aero Engine Services (HAESL) and Hong Kong Aircraft Engineering (HAECO). The organisations would like to emphasise that HAESL took on the engine-overhaul activities of HAECO as a separate corporate ...
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Boeing chooses new wingtips for stretched 767-400
BOEING HAS SELECTED a new wingtip design for the stretched 767-400 which saves more than 1,000kg over the winglets previously planned. The raked tips reduce wingspan from just over 55m (180ft) to around 52m, yet reduce drag sufficiently to enable the -400 to achieve its 10,500km (5,700nm) range. ...
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Air Jamaica aims to defeat American in the Caribbean
Graham Warwick/MONTEGO BAY AIRJAMAICA has inaugurated a Caribbean hub at Montego Bay, and signed a co-operation agreement with Delta Air Lines, in a bid to challenge American Airlines' dominance in the region. The Montego Bay hub, which was officially inaugurated on 30 July, links flights from ...
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Atlantic Southeast will send back leased 146s
ATLANTIC SOUTHEAST Airlines is to return its five leased British Aerospace 146s, after deliveries of Bombardier Canadair Regional Jets (CRJs) begin in August. The Atlanta, Georgia-based Delta Connection carrier had leased the 88-seat 146-200s for five years from British Aerospace Asset Management-Jets, but is to return them after only two ...
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Asiana has to wait on offset deals for widebody order
Asiana Airlines of South Korea has been told by the country's Government that it will not approve the planned purchase of 58 new widebody aircraft until it has obtained industrial offsets from Airbus Industrie and Boeing. The carrier has already completed negotiations for the aircraft and been given ...
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EuroLOTkicks off with ATR fleet
Andrjez Jeziorski/MUNICH EuroLOT, the regional subsidiary of LOT Polish Airlines, has started operations, aiming for proÌt at the turn of the century. The new division, certificated by Polish aviation authorities in June, will initially be taking over LOT's network of 200-plus flights per week to six ...
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India may perform U-turn on overseas investors
The Indian Government is considering reversing its ban on foreign airlines taking an equity stake in domestic operators. The ban was enacted earlier this year by the administration led by prime minister Deve Gowda. His replacement in April by a new leader has led to a reconsideration of the move, ...
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Kiwi will expand under new investor-group ownership
KIWI INTERNATIONAL Airlines is to continue to expand its route structure and fleet size after its planned emergence from US Chapter 11 bankruptcy protection later this month. Jerry Murphy, Kiwi's president and chief executive, expects the Kiwi International Holdings investor group to gain control of the airline. The ...
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Marketplace
++ Air Caledonie has placed an order for one additional new Aero International (Regional) ATR 42, for delivery before the end of 1997. The airline already flies three ATR 42s. ++ United Airlines has taken delivery of its first Airbus A319-100. The International Aero Engines V2500-A5-powered aircraft is one of ...
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SAA suffers from 777 delay
Chris Yates/JOHANNESBURG South African Airways (SAA) says that its continuously deferred order for Boeing 777s is about to have a financial impact on the airline, while the delay is forcing the carrier to acquire interim aircraft capacity. Deliveries of four 777s had originally been due to ...
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Sempati president makes restructuring case
Sempati Air's recently appointed president, Santun Nainggolan, is warning that the Indonesian regional carrier's financial problems will get worse, unless the company is restructured and jobs shed. Nainggolan has compared Indonesia's largest private airline to an "overloaded boat" in danger of sinking if action is not taken to ...