News from FlightGlobal – Page 2496
-
News
Aeroflot and Ilyushin agree Il-96T production deal
Aeroflot and Ilyushin have signed the final contract paving the way for the production of 20 Il-96Ms and Il-96Ts. The $1.5 billion deal, signed on 3 December, will see the Russian-manufactured aircraft fitted with Pratt & Whitney PW2337 turbofans and Western avionics to be integrated by Rockwell-Collins. ...
-
News
New Zealand unites
Air New Zealand and United Airlines have linked up as strategic partners, which will see them initiate codeshare flights between the USA and Australia, New Zealand and the South Pacific Islands. Although the tie-up will not affect the level of aircraft capacity on the routes, the two carriers intend to ...
-
News
Qatar Airways decides on strategy for growth
Qatar Airways, fresh from a series of top management appointments, says that it will finalise its new long-term strategy after a board meeting in January, with the aim to "triple the size of the airline" by the end of 1997. The moves follows the appointment of Akbar ...
-
News
TriStar gets ready for major restructuring
TriStar Airlines, which recently returned three of its four British Aerospace 146s, says that it will soon announce a major restructuring of its operations and a move into new markets, with the acquisition of larger aircraft. The Las Vegas, Nevada-based airline, which began operations in 1995, says that ...
-
News
German Government turns up heat on Airbus restructuring
Andrzej Jeziorski/MUNICH The German Government is linking the provision of further aeronautics-research funding to the restructuring of Airbus Industrie and the launch of the A3XX, putting further pressure on the Airbus partners to reach agreement on the establishment of a new commercial structure for the consortium. ...
-
News
Malaysia profits remain steady
Malaysia Airlines (MAS) just managed to hold profits steady over the first half of its 1996/7 financial year, but the group promises to emerge "stronger and leaner" in 1997 as restructuring continues. The group's net profit over the six months to the end of September dipped slightly ...
-
News
UK tax increases anger airlines
UK tax increases anger airlines UK Government plans to double airport departure tax have angered airlines which claim that the country will now have the highest rates in Europe. A departure tax was first announced in the UK budget two years ago, set at ú5 ...
-
News
Growing ambitions
Emirates has achieved a phenomenal rate of growth during its first ten years, achieving profit in all but its second year. Paul Phelan/Dubai Since its inception in 1985, Dubai-based Emirates Airlines has, on average, doubled in size every three and half years and made a profit in all ...
-
News
Coming of age
The Orient Airline Association, after years of relative silence, has now found its voice. Oriental airlines are finding strength in unity Paul Lewis/BRISBANE The Orient Airline Association (OAA) has been in existence for some 40 years, but only in the past 24 months has it ...
-
News
Delta, Continental consider merger options
Delta Air Lines and Continental Airlines are refusing to comment on widely publicised reports that they are negotiating a possible merger that would create the largest airline in the world. The talks, reportedly initiated by Continental several months ago, are at an early stage, and lesser options are ...
-
News
Reforming Liberte
TAT president Marc Rochet prepares to lead British Airways' challenge in France. Julian Moxon/PARIS By the beginning of 1997, Marc Rochet, president since August of British Airways French subsidiary TAT, is likely to find himself president of the largest privately owned airline grouping in France. He is ...
-
News
Airbus and Boeing vie to modernise Indian Airlines
State-owned Indian Airlines has take the first step towards a massive overhaul of its fleet by informing manufacturers in late November that it is to replace its ageing fleet of Boeing 737-200 and A300B2/B4s. The 15 737s are operated by the recently created Indian Airlines subsidiary, Alliance ...
-
News
Sarajevo delay
Crossair has postponed its planned launch of scheduled services between Zurich and Sarajevo after deciding that the Bosnian airport does not yet have in place an adequate approach system, snow clearance or de-icing. The Swiss regional carrier now plans to begin flights in January. Source: Flight International
-
News
Tunnel boost
The temporary closing to passenger traffic of the Channel tunnel, which connects France and the UK, has resulted in a significant increase of air traffic between the UK and continental Europe. British Airways, British Midland and Air France have all boosted capacity to Paris, the former by 25%. On the ...
-
News
Dragonair A330
Hong Kong's fast-growing regional carrier Dragonair is planning to acquire a sixth Airbus A330-300 for delivery in 1998. The airline is negotiating with Airbus to convert an A330 option already held by its sister carrier Cathay Pacific Airways. Source: Flight International
-
News
Cathay Pacific
Martin Cubbon has been appointed general manager for corporate finance at Cathay Pacific Airways. He is now finance manager at Swire Pacific. He succeeds Kenny Tang, who will become chief operating officer at Air Hong Kong, which is 75% owned by Cathay. Source: Flight International
-
News
Singapore Air
Moses Lee Kim Poo, permanent secretary (Ministry of Labour) has been appointed an additional director to the Singapore Airlines board. Source: Flight International
-
News
Chinese spares
CFM International has opened a spares service centre at Beijing Capital Airport in co-operation with China Aviation Supplies. The 500m2 centre will provide line maintenance for more than 350 CFM56-3 power plants in service with 19 Chinese carriers. It will initially stock 600 parts, increasing to 1,500 line items with ...
-
News
Airline competition
The US Department of Transportation can break down persistent barriers in the US airline industry, says the US General Accounting Office (GAO), by taking away slots from established carriers at congested airports and distributing them through a lottery system to new entrants. The GAO also recommends that the US Federal ...
-
News
KLM share sale?
Dutch national carrier KLM confirms that it is holding "exploratory talks" with the Netherlands Government over the sale of part of the state's 38.2% stake in the group. Although KLM is struggling to contain costs, which has put pressure on its share price, the group points to the underlying strength ...