Programmes – Page 1222
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News
American loses Boeing delivery positions
AMERICANAIRLINES expects to have to retain and fit hushkits to additional Boeing 727s because of the delay in delivery of new Boeing aircraft resulting from the airline's failure to agree a new contract with its pilots. The 20-year, 630-aircraft purchase agreement with Boeing, announced in November 1996, was ...
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Sun is set to sell majority in Air Belgium
Sun International of Belgium is to sell its majority share in troubled charter airline Air Belgium. Talks are being held with undisclosed interests. Group chief executive Marc Vanmoerkerke says that a deal will be signed by June. Sun International owns 65% of Air Belgium shares. The remaining 35% ...
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US Airways deal under threat
THE DEAL between US Airways and Airbus Industrie for up to 400 new aircraft will expire on 30 September, unless the US carrier is able to win major contract concessions with its workers. The deadline was disclosed for the first time by senior US Airways management during a ...
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Indian Airlines puts A300s up for sale
A global tender for the sale of three Airbus A300s has been floated by Indian Airlines as plans to renew and expand its fleet gain pace. The carrier plans to phase out all ten of its A300s within the next two or three years. The three aircraft now ...
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UK transport department backs down over London noise limits
The UK Department of Transport (DTp) has been forced to shelve plans to introduce some of the world's strictest noise limits at London's three main airports, after admitting that it failed to consult properly with airlines. After taking legal advice, the DTp decided not to contest a legal ...
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Chek Lap Kok fees create conflict
CONTROVERSY IS mounting over the level of user charges proposed for Hong Kong's new Chek Lap Kok (CLK) Airport, with airlines and the tourism lobby arguing that the rise in fees would damage competitiveness. The concerns surfaced in the Hong Kong Legislature's 1997/8 budget debate, with concerns voiced ...
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Embraer reduces losses and expects return to profitability
Embraer believes that it is on course to return to profits this year, after showing its first gains for six years in the final two quarters of 1996. The Brazilian aircraft manufacturer, privatised two years ago, still ended 1996 with losses of $40 million, but that marked a ...
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Government fall stirs Indian civil-aviation confusion
India's civil-aviation policy has again been thrown into doubt following the fall of the country's United Front Government, which came only weeks after a ruling that foreign airlines would have to sell any shares held in Indian domestic carriers. India's acting aviation minister, C M Ibrahim, passed the ...
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Buoyant Lucas
Buoyant airliner deliveries and a strong spares market showed through in rising sales and profits at Lucas Aerospace, as the Lucas Varity group presented its first set of annual results after 1996's merger. The aerospace division saw sales grow 8% to £510 million ($829 million) in the new financial year ...
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Undue influence?
MOST MANUFACTURERS must dream of having exclusive supply deals with prestige customers. Most prestige customers probably do not dream of such deals - and they certainly should not. In the long term, these agreements (while undoubtedly attractive for both sides in the short term) could be seriously damaging to the ...
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Airbus sets deadline for engine decision on A340-500/600
Airbus Industrie is targeting the end of April for a final decision on a new engine for the A340-500/600 growth derivatives, clearing the way for the programme to be officially launched at the Paris air show in June. The European consortium is in talks with Rolls-Royce and Pratt ...
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Aeroflot plans to create a regional-hub network
Aeroflot-Russian International Airlines is considering setting up a series of regional hubs in an attempt to break the dominance of Sheremetyevo Airport at Moscow in its network. The widening of its domestic-flights network in Russia and the CIS are two major factors in Aeroflot's strategy to improve efficiency. ...
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BA is first to pick Roll-Rolls 'hybrid'
British Airways has become the first airline to select the Rolls-Royce RB.211-524HT "hybrid" engine, having signed a letter of intent (LoI) with the UK manufacturer specifying the powerplant for 14 Boeing 747-400s, ordered in September 1996. The engine deal will be worth more than $500 million to R-R, ...
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Weight of the world
Until 1993, the world of freighter wet-leasing was an obscure one. This relatively minor niche in the air-transport business had few participants, most of them well-established, specialist all-cargo carriers. In 1993, however, Michael Chowdry, chairman and chief executive of Atlas Air, entered the scene with a "lone flyer" ...
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Explosive progress
On 5 May, 1987, a British Aerospace 146-200QT "Quiet Trader" freighter operating between Prestwick in the UK and a hub at Nuremburg, Germany, launched the European freight operations of Australia's TNT Transport group, which now trades as TNT Express Worldwide. In the ten years since then the company has established ...
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Varig restructuring effort begins to pay dividends
Varig's tough restructuring measures now appear to be bearing fruit, with the Brazilian carrier reporting an underlying profit for 1996 and looking for expansion this year backed by a fleet refurbishment and a new codeshare agreement with United Airlines. The Varig figures are complicated by the issue of ...
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Transaero will lease intrim 767s and 737s
Russia's privately owned Transaero plans to add three Boeing 767-200ERs and six 737-400s to its fleet during 1997, in an effort to boost capacity until deliveries of next-generation Boeing 737s commence in 1999. The first of the leased aircraft, a 767 and three 737s, are due to join ...
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JAL renews attack on costs
Japan Airlines (JAL) is stepping up efforts to cut costs and restructure the company, including the shedding of 2,000 jobs, as the group once again faces a return to losses. The airline's newly unveiled medium-range plan for the five years through to March 2002 also calls for a ...
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Russia approves guarantees for Moscow Aviation Tu-204s
The Russian Government has authorised guarantees of $150 million for the manufacture of 20 Tupolev Tu-204s with Perm/Aviadvigatel PS-90A engines for Moscow Aviation International Leasing (MAIL). MAIL is an associate company of the consultancy headed by chess world master and entrepreneur Gary Kasparov. The consultancy's chief executive Peter ...
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S Korea signs AI(R) JET deal
Aero International (Regional)'s planned AI(R) JET 70 regional-aircraft development has been given a boost, with South Korea signing a preliminary agreement to join the programme, angling for a stake of up to 40%. The Korean Commercial-Aircraft Development Corporation (KCADC) and a team from AI(R), headed by chief executive ...