News from FlightGlobal – Page 2642
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Privatisation path
In February, El Al at last emerged from 12 years of receivership. Now, for the first time since the early 1980s, Israel's national airline is under the control of its own board of directors. Their primary objective is to speed the airline towards privatisation, while at the same ...
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Sabbath flight ban harms El Al
EL AL IS WARNING THAT it is being financially "crippled" by the Israeli Government's ban on its national carrier flying on the Jewish Sabbath and other holy days. There are also fears that the carrier's imminent privatisation could be affected. President Raphael Harlev issued the warning as he ...
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Estonian Air gears up to operate Boeing 737 as it aims to ditch Russian fleet
ESTONIAN AIR IS about to send the first of 25 pilots to Seattle for conversion training to prepare for their new duties flying the Boeing 737-500. The carrier expects to slash the number of its aircrew from 80 to 37, as it does away with the need for ...
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Ansett Australia to retire F28s
Ansett Australia is to begin retiring its Fokker F28 fleet, scrapping five 1000- and 3000-series aircraft by the end of the year. Seven Fokker F28-4000s and five Boeing 727-200s, all due for retirement under Stage 3 noise rules in 2002, will remain in the fleet, but their earlier ...
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Gulf revives air-defence plan plans
THE GULF Co-operation Council (GCC) states have revived a plan to integrate their respective air-defence ground environments. US defence contractor Hughes has again been contracted to study the requirement. Hughes originally carried out the six-nation GCC-funded study into integrating the countries' stand-alone air-defence networks in 1988. This work, ...
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Marshall Islands order drives Saab to tackle ETOPS
SAAB AIRCRAFT is working to achieve extended-range twin-engine operations (ETOPS) certification for its Saab 2000 turboprop to allow extended flight over water. Executive vice-president Johan Oster says that 90min ETOPS qualification is needed for Air Marshall Islands, which has ordered two aircraft for operations over the Pacific. ...
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Airbus is bullish on 600-seater aircraft
AIRBUS, ITS MEMBER companies and Boeing will decide in June whether or not to abandon their individual studies on an aircraft in the 600-plus-seat category and step up co-operation. Airbus' market forecast predicts delivery by the end of 2014 of more than 860 aircraft in "theoretical size categories ...
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Airbus aims for domination of jet-airliner market by 2000
AIRBUS FORECASTS that, within the next five years, it will be in a straight fight with US manufacturers, winning half of the world's new jet-airliner orders in a market worth around $50 billion a year. The consortium now has around 30% of new orders, but has plans to ...
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Air Inter strikes threaten Blanc restructuring plan
CONTINUING STRIKES at French domestic carrier Air Inter are threatening the restructuring plan for the entire Air France Group. The trouble centres on the loss of up to 660 jobs, as part of the restructuring plan under which in 1997 will be merged Air Inter's European operations, with ...
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Asia-Pacific firms cautioned on markets
AIRBUS HAS WARNED that emerging Asia-Pacific aerospace industries may be attacking the wrong market with their emphasis on regional jets. The warning is based on the latest Airbus long-range forecast, which shows that airlines in Asia-Pacific will account for only 10% of airliner deliveries in the 100-seat class. ...
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KLM to boost airline holdings other carriers
DUTCH FLAG CARRIER KLM is to increase its holdings in Martinair Holland and Air UK. KLM will take its holding in Martinair from 33.82% to 50% at the same time as the other major shareholder, Nedlloyd, increases its stake from 49.19% to a full 50%. The ...
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Bilateral Impasse
As US air-services negotiators, return from an apparently promising meeting with their British counterparts, and the European Commission (EC) suddenly discovers that it doesn't like what the US negotiators have agreed with the rest of Europe, a new question arises. Who really talks for Europe, and who really talks for ...
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Back To Beijing
Qantas Airways was due to resume flying to Beijing on 28 March, after an absence of eight years. The resumption of services to the Chinese capital ends a long-running battle over rights to the route, between Qantas and one-time challenger Australia Air International and, later, Ansett Australia. Source: ...
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Independence for Lufthansa school
LUFTHANSA'S AIRLINE pilots' school is to be renamed the Lufthansa Flight Training and run as an independent company. The move is the last major restructuring project in the Lufthansa Group. Lufthansa Technik, Lufthansa Cargo and Lufthansa Systems have all been turned into independent companies. ...
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Lufthansa transforms financial results
LUFTHANSA PRODUCED its promised return to profits in style, with a set of results ahead of expectations. The now-privatised German carrier underlined its financial transformation by revealing that it has halved debts and almost doubled cash flow over the past year. Full group figures will not be released ...
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JAL Doubles 737 Order
Japan Airlines (JAL) has doubled its previously announced Boeing 737-400 order, from two to four aircraft, worth $180 million. The first two 737s are scheduled for delivery in May and June, followed by the remaining two aircraft in July 1996 and February 1997. JAL announced plans in April 1994 to ...
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Air La Expands
Air LA says that it is close to finalising a $6 million deal to acquire Conquest Airlines, a Texas-based carrier with a fleet of Fairchild Metro-liners. The deal comes only weeks after Air LA acquired Capitol Airlines based in St Paul, Minnesota. When both acquisitions are complete Air LA will ...
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Reno Loses
Battles between Southwest Airlines and the United Shuttle for California's low-fares market has taken its toll on Reno Air. The fledgling regional operator saw net losses almost double to $14 million in 1994. Source: Flight International
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Pacific bus stops
Hawaiian operators plan to tap a predicted growth in South Seas tourism. Guy Norris/HONOLULU Hawaiian guitar music wafts across the palm-fringed beach near Waikiki on a balmy afternoon. High overhead, locally based airliners look like partners in paradise as they shuttle to neighbouring islands. ...
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Cathay issues cost warning despite rise profit rise
Paul Lewis/SINGAPORE CATHAY PACIFIC Airways has issued further warnings over falling yields and rising costs, despite reporting a 4% increase in net profits for 1994. Profits ended the year broadly in line with analyst expectations at HK$2.4 billion ($310 million), but Cathay chairman Peter Sutch ...