News from FlightGlobal – Page 2529
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ValuJet puts fleet on sale
VALUJET AIRLINES is trying to sell or lease the bulk of its McDonnell Douglas DC-9s and MD-80s. The low-cost carrier was operating 51 aircraft when it was grounded on 17 June, but plans to resume service by mid-August with a maximum of 15 DC-9-32s. The airline plans ...
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Macau has recorded 400,000
Sir - I refer to the article about Macau International Airport, "Slow start" (Flight International, 5-11 June, P26). Macau InternationalAirport was officially opened on 8 December, 1995, and one could not expect to see a lot of aircraft on the runway - especially when a ceremony for about ...
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Malaysia seeks EGPWS change
Brent Hannon/HONG KONG MALAYSIA AIRLINES is seeking to be launch customer for AlliedSignal Aerospace's new enhanced ground-proximity warning system (EGPWS) on the Boeing 777. There may not be time, however, to incorporate the system into aircraft in production. Malaysia has requested a change to its 777 ...
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Turnaround in Mexico
Mexicana is 75 years old this year Geoffrey Jones/MEXICO CITY MEXICANA, THE OLDEST airline in North America, celebrates its 75th anniversary this year. Under the new leadership of chief executive Fernando Flores, Mexicana has an optimistic vision for the future as it consolidates its market strengths, both ...
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Indian Airlines subsidiary to acquire 50-seat turboprops
ALLIANCE AIR, the new low-cost regional subsidiary of Indian Airlines, is planning to acquire a fleet of 50-seat turboprops for domestic feeder routes. Alliance Air, previously dubbed Airline Allied Services, had an April launch with the first of 12 Boeing 737-200s to be transferred from its parent ...
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Financial results
Air France's $83.3m operating profit was its first since 1989. Passenger yields fell 6.5%, partly due to the strength of the French franc, and strikes cost $60m in lost revenue. The carrier made $402m of provisions for restructuring. Part of Finnair's growth was due to the 12% ...
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Financial data
Economic trends: Fuel prices appear to have stabilised, and spot prices are back at the level before the March increase. Airline traffic: May traffic was buoyant for the US majors, with revenue passenger km rising 7.6 percent and load factors up 3.2 points. Six of ...
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Bought in Taiwan
Taiwan's major carriers are tying up more domestic links through stakes in local airlines. EVA Air will raise its stake in Taiwan Airlines from 30 to 40 per cent, while rival China Airlines has agreed to acquire a third of Formosa Airlines, subject to government approval. U-Land is now the ...
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Aircraft news
Garuda Indonesia has signed orders for six Boeing 777-200s, to be delivered between 1997 and 1999, and 17 B737-300s and B737-500s, planned for delivery between 1997 and 1999. It also has taken options on six B747-400s. Egyptair's additional order for three Boeing 777s is for delivery between May and August ...
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Appointments
James P Kelly has been elected chairman and chief executive officer of United Parcel Service. Isaac Omolo Okero is the new chairman of Kenya Airways, which has renewed the contracts of managing director Brian Davies and finance director Malcolm Naylor. John W Power is to become ...
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Canadian change
Canadian Airlines' chief financial officer, Kevin Benson, has become president and CEO replacing Kevin Jenkins, who resigned under union pressure. Air Canada has named John Foster Fraser as its non-executive chairman replacing Hollis Harris. Source: Airline Business
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Bow to no man
Pieter Bouw, the president of KLM, will need all his knowledge of the industry to rise above the crisis in the relationship with Northwest Airlines, growing competition from other hubs and US-European alliances, and insufficient market share in Europe. Interview by Jackie Gallacher. Airline Business: KLM's operating result declined ...
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Rivals in a state
What should airlines do when their competitors benefit from state aid? Gerrit Schohe argues that the current system for approving state aids requires an overhaul, but suggests that Commission decisions can be challenged successfully. One of the biggest controversies in the European aviation industry arose when the European Commission ...
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Extra lift
Atlas Air has found a winning formula: acquire used Boeing 747-200 freighters and operate them profitably on behalf of major airlines. Jane Levere reports. Some people say Atlas Air, the Golden, Colorado-based cargo carrier, is really in the taxi business rather than the air freight business. However you describe the ...
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Slow to plug in
It's not surprising that Asia Pacific's electronic distribution push is being spearheaded by Japan, a country renowned for its leadership in the business of high technology. The nation's airlines have already made ticketless travel and self-service check-in and ticketing part and parcel of flying the country's domestic skies. All Nippon ...
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Ancient and modern
Saudi Arabian's new name and image are the latest components in a programme of wholesale change at the airline. Director general Dr Khaled A Ben-Bakr talks to Richard Whitaker. When it comes to changing things, Dr Khaled Ben-Bakr isn't reticent. Last year's order for $6 billion worth of new aircraft ...
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Smart cards to chip in
European carriers tend to wait for the thumbs-up from their US counterparts before pursuing any new trend. Yet the advanced stages of development of some of the carriers' electronic distribution products in Europe underscores their confidence in the huge potential this area has for transforming the business. The 'me-tooism' of ...
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Airline news
Unijet Group is to take over full ownership of Leisure International Airways by the end of April 1997, increasing its shareholding from the current 40 per cent. Continental Airlines introduced a daily route from New York/Newark to Quito via Bogota, a weekly flight to Düsseldorf, and second daily ...
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Wired for a new era
Last April, Dr Julius Maldutis, the airline analyst for Salomon Brothers who's never at a loss for superlatives, labelled electronic distribution the US airline industry's 'third revolution,' behind deregulation and the introduction of the jet. If an industry-wide on-line auction system for unsold seats existed, it would have added $5.7 ...