News from FlightGlobal – Page 2647
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News
Job shake-up heralds more change at Alenia
Kevin O'Toole/LONDON A FURTHER ROUND of restructuring is expected at Alenia following a shake-up of the top jobs at the Italian aerospace group by its parent Finmeccanica. Giorgi Zappa has been appointed to head Alenia, while joint presidents Fausto Cereti and Enrico Gimelli will move ...
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Northwest is to spread out its Boeing deliveries
NORTHWEST will take delivery of 15 Boeing 757s earlier than scheduled, but will delay 25 more and possibly defer delivery of four 747-400s under an agreement with Boeing. Under the pact, Northwest, which now operates 33 757-200s, will take delivery of the 15 additional 757s this year and ...
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Expansionist Air Canada swings back to profitability
AIR CANADA HAS posted its first profit in five years, and chairman Hollis Harris plans to keep the momentum rolling in 1995 with a further double-digit capacity expansion. Group net profits of C$129 million ($92 million) in 1994 mark a dramatic turnaround from the C$326 million loss ...
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US airlines face FDR upgrade task
Guy Norris/LOS ANGELES US AIRLINES will be ordered to undertake major upgrades of flight-data recorders (FDRs) on more than 4,000 aircraft by the end of 1997 if the Federal Aviation Administration mandates a new recommendation from the National Transportation Safety Board (NTSB). Upgrades on 739 ...
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Marshall wins second order for TriStar freighter work
MARSHALL AEROSPACE of the UK is to convert three Lockheed L-1011-200 TriStars to freighters for International Air Leases (IAL), and the company has also negotiated additional options. The deal is the second major TriStar freight-conversion contract for Marshall, which again beat rival Lockheed Aeronautical Services (LAS) for the ...
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Belgium holds bilateral talks with USA
Kevin O'Toole/LONDON BELGIUM AND the USA met on 28 February to finalise the latest transatlantic open-skies agreement, so dealing another blow to European attempts to develop a common response to the US bilaterals offensive. A Belgium deal would also allow Delta Airlines, Sabena and Swissair ...
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Transavia 737 Order
Dutch independent carrier Transavia Airlines is about to place an order for Boeing's new 737-700/800 family. The airline now operates four 737-200s and eight 737-300s, alongside three Boeing 757s. Source: Flight International
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In and Out Club
Greek flag carrier Olympic Airways has appointed Prof. Rigas Doganis as its chairman and chief executive. Doganis is head of the department of air transport in the College of Aeronautics at Cranfield University in the UK. Embraer has appointed Juarez de Siqueira Britto Wanderley as president, following Ozires Silva's resignation. ...
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Programming change
Many aviation companies, including airports and service providers as well as airlines, need to find ways of cutting costs further. Ray Eitel Porter and his colleagues at The LEK Partnership discuss effective responses. For the first time in its history, a medium-sized airline faced the threat of real competition. ...
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Northward bound
Ansett Australia is grappling with international expansion, toughening domestic competition, questions over its ownership, and a heavy debt burden. Tom Ballantyne assesses the future of Australia's second major airline. Fledgling international carrier Ansett Australia, striving to establish a permanent presence amongst Asia-Pacific's airlines, is wondering what cards fate will deal ...
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Picking up the pieces
The impact of a major accident on an airline's traffic and revenues is often short lived but limiting the damage to the carrier's public image is a delicate exercise. Sara Guild examines the lessons learned by a selection of carriers. There is a true tale in aviation's not so ...
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Coming clean
It is time the United States stopped equivocating and led the way towards multilateral liberalisation by clearly stating its international open skies policy. Jacqueline Gallacher reports. The attempt to launch a worthwhile debate on multilateralism at last November's Icao worldwide air transport conference, resulted in little more than a ...
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Financial results
Y = Year. H = Half year. Q = Quarter. M = Months. Currencies converted into US dollars a average exchange rates during reporting period. Per cent changes in local currencies. Net profit at the UK airports operator rose 13 per cent. Passenger numbers rose 7.4 per cent ...
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The unions' man
United Airlines' chairman and CEO Gerald Greenwald has some novel ideas on how to make employees work together, run an airline more efficiently and establish strong ties with worker groups. Could he be the new blood airlines have needed at the top for years? Mead Jennings reports.In Gerald Greenwald's office ...
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Airline news
Air Canada will commence its first Middle Eastern service with a twice weekly flight from Toronto to Tel Aviv from 20 June. Northwest is to launch a Detroit-London/Gatwick service at the beginning of March. The carrier has purchased the route from Delta, in a deal awaiting US government ...
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Strong yen aids surge in JLL deals
The Japanese leveraged lease looks certain to stabilise into a more mature product, helped by cautious equity investors. Report by Tom Ballantyne. When aircraft deliveries finally begin to pick up speed over the coming years the Japanese leveraged lease should have evolved into a stable, more mature product. ...
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Changing fortunes
Early figures suggest that 1994 was the long-awaited turnround year for most airlines. Richard Whitaker reports. 'Mixed' seems the most appropriate word to use in describing the fortunes of the world's major airlines in 1994, to judge by the information available so far. The full-year financial results for the ...
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US launches the anti-trust debate
With the formal offer of open skies by the US to nine smaller European countries, the cross-border code-sharing alliance has changed from an airline marketing tool into a bilateral right that symbolises complete air service liberalisation. This is what US transportation officials have wanted. But as representatives of the ...
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Once more to the breach?
The clearance for up to 9 million members of American Airlines' frequent flyer programme to sue the carrier over retroactive changes to its loyalty programme could open the flood gates to legal action against US carriers. At the very least, the ruling means a comparable number of United ...
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Rough and tough on top
Two of Asia's more prominent airline chiefs have discovered just how tough it is at the top. Garuda Indonesia's president Wage Mulyono and outspoken Philippine Airlines chairman Carlos Dominguez have both been ousted in the wake of boardroom infighting, disagreement over future directions and poor financial performances by their airlines. ...