News from FlightGlobal – Page 2547
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Maersk emerges as winner in Estonia
A CONSORTIUM headed by Denmark's Maersk Air has emerged as the winner of the race to take control of Estonian Airlines. Scandinavian Airlines System had battled to win the privatisation contest, to secure its grip on the Baltic. Maersk Air, together with Danish investment group Baltic Creco, is ...
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Lufthansa will attack costs
Kevin O'Toole/LONDON A SET OF RECORD figures for 1995/6 has ensured that British Airways reclaimed its title as the world's most profitable airline. The group shows no intention of letting its lead slip, making an immediate announcement of another massive drive to improve costs, further product upgrades ...
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BA and American move closer to unveiling alliance
Andrew Doyle/LONDON BRITISH AIRWAYS and American Airlines are close to unveiling an alliance, initially expected to include joint marketing and codesharing of flights, but which could pave the way for a long-awaited US-UK open-skies agreement. The tie-up, which is expected to be announced shortly, will give ...
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Thailand lays out plans for second national airline
THE THAI Government, after considerable internal debate, has finally laid out a series of corporate guidelines for the establishment of second national airline. A proposed start-up second carrier has faced extensive delays, as the result of domestic political debate over the extent of foreign investment. It will for the first ...
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IAE will power China Southern A320s
INTERNATIONAL AERO Engines (IAE) has won a third major Asian carrier competition, with the China Southern Airlines' selection of the V2500 powerplant for its new fleet of Airbus A320s. China Southern is understood to have opted for the V2525-A5 over the competing General Electric/Snecma CFM56-5B. An official announcement ...
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...while South Korea attempts to salvage China deal
SOUTH KOREA IS trying salvage plans to develop a new 100-seat passenger aircraft in co-operation with China, following the renewal of direct industry-level discussions between the countries. A Samsung Aerospace team, led by vice-president Yu Moo-Sung, has met Aviation Industries of China (AVIC) in Beijing, in an ...
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Air Littoral joins battle in France's open skies
AIR LITTORAL is replacing its ATR fleet with 15 new ATR 42-500s, and is preparing to take over several of the former Air Inter routes and slots amid fierce competition in France and across the border. The airline's chairman and chief executive Marc Dufour says that he has launched a ...
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Bombardier jets
New Argentinian airline Pampas Air has ordered four Bombardier Canadair Regional Jets, worth $80 million, for delivery between July and the end of 1996. Cordoba-based Pampas will use the 50-seat aircraft on domestic services. Source: Flight International
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Swire pledges long-term involvement with Cathay
Paul Lewis/SEATTLE SWIRE PACIFIC, the UK parent of Cathay Pacific and Dragonair, is emphatic that it intends to remain a major participant in Hong Kong's aviation industry. It dismisses speculation that its grip may be weakening following the recent deal with China which will put a large ...
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ARIA will lease ten 737-400s for Europe routes
Paul Duffy/MOSCOW AEROFLOT RUSSIAN International Airlines (ARIA) has confirmed that it is to lease ten Boeing 737-400s to serve European routes, while officials also say that the airline will take two additional Boeing 767-300ERs to shore up its transatlantic services. Negotiations for the aircraft are ...
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CAL proposes to sell shares
TAIWAN'S CHINA Aviation Development Foundation (CADF) is to sell around 16% of its holding in China Airlines (CAL) to private investors. The sale will reduce CADF's stake in the carrier to 62%. It also plans to launch a rights issue of 200 million shares. The issue is expected to raise ...
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Deregulation: not as good a picture as it is painted
Sir - The article "Low-cost carriers save passengers $6 billion" (Flight International, 1-7 May, P10) raises hope that European "deregulation" will bring a similar reduction in air fares. Judging by results in the USA, however, the real benefit for airline passengers is difficult to measure. Less than 3% ...
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Sochata wins its spurs for quick changes
SOCHATA, THE maintenance arm of French aero-engine manufacturer Snecma, has qualified as an approved quick-engine-change (QEC) repair station for the Allison T56-501Ds which power the Lockheed Martin C-130 Hercules. It becomes one of only three such engine-repair centres. Lockheed Martin has provided Sochata with technical training, especially on the Hercules' ...
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Silkair profit?
SilkAir, the regional subsidiary of Singapore Airlines, is hoping to make its first-ever profit in the current financial year to March 1997. Industry sources say that the airline cut its losses to around S$6 million ($4.3 million) over 1995/6, having produced a deficit of $27.5 million the year before. SilkAir ...
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MDC briefs 11 airline customers on MD-XX
Guy Norris/LOS ANGELES McDONNELL DOUGLAS (MDC) plans to reveal the first technical details of its MD-XX tri-jet derivative family at a conference being held this week in Long Beach, California, to which up to 60 airlines have been invited to attend. "The schedule has accelerated ...
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MD-90 orders
EVA Air has converted options on four McDonnell Douglas MD-90s to firm orders for itself and two subsidiary Taiwanese domestic carriers. The first will be delivered to Great China Airlines in March 1997, two to EVA in April and July and the final aircraft to UNI Air, formerly Makung Airlines, ...
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Virgin Airbuses
Virgin has signed a contract for two additional Airbus A340-300s for delivery in the second quarter of 1997. The airline says that it will use the aircraft to develop further its network to destinations in Asia-Pacific, Australasia, South Africa and the USA. "Some exciting opportunities in the Caribbean are also ...
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Macau addition
Start-up carrier Air Macau has added Bangkok to its growing network of Asian regional destinations. In addition to its new service to the Thai capital three times a week, Air Macau now operates 61 weekly frequencies to Beijing, Kaohsiung, Shanghai, Taipei and Xiamen. The airline has taken delivery of a ...
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KLM objects
Dutch flag carrier KLM has complained to the European Commission about price dumping by Air France on routes between Hanover-Marseilles, Mulhouse and Stockholm and Marseilles and Stockholm. It says that the French carrier should not be allowed its final, Fr5 billion ($833 million), tranche of state aid as a result. ...
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Aeroflot bound
Sabena Technics has been awarded a contract to overhaul and upgrade two ex-Delta Air Lines A310-300s, which are to be leased to Aeroflot. The aircraft will be stripped, painted refurbished and C-checked. The contract also calls for the A310s' maximum take-off weight to be increased to 164t, and the addition ...