The CIT Group named Jeff Knittel to assume supervisory responsibilities of the Rail Group and additional Specialty Groups, including Aerospace; appointed Jean Stein senior VP-Aerospace group, and promoted Kenneth Walters to VP and head of the Portfolio Acquisitions Group.
Kiwi is offering $89 fares from Newark to Orlando, Tampa and West Palm Beach until Feb. 29. The fare requires a roundtrip purchase and must be bought seven days in advance.
World Airways, restructuring its thinking to become more of a scheduled service-oriented airline, intends to take full advantage of open skies agreements in Europe. World generally gets 70% of its revenues from wet- lease operations, 13% from military passenger and cargo, 11% from passenger flights for tour operators, 5% from scheduled passenger service and 1% from freight shipping. Henk Guitjens, senior VP-sales and marketing, told The DAILY in an interview that scheduled service should comprise 15%-18% of revenues by the end of 1996.
U.S. commitment to pursue liberal aviation agreements throughout Europe stops short of war zones. Recent overtures from Bosnia for aviation negotiations are deemed premature, according to a U.S. official.
In FR dated Dec. 19...Proposed an AD on Beech 125-1000A and Hawker 1000 aircraft to require inspection for chafing damage to the hydraulic pipes adjacent to the hydraulic module...Proposed an AD on Fokker F28-100 aircraft to require measuring during refueling to determine the pressure in each collector tank...Proposed an AD on certain Jetstream 4101 aircraft requiring replacement of the flexible cables of the power and condition controls.
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Association of Flight Attendants at America West conducted informational picketing Friday at Phoenix Sky Harbor Airport to protest the company's refusal to give them "award pay," based on operating income, to which they say they are entitled. The operating income threshold that triggers award pay is $145 million for 1995.
Tyrolean Airways has ordered a Fokker 70 and placed options on two more. A year ago, the carrier ordered three F70s and took options on three. The new order is a conversion of one of the options.
David Kirstein, former general counsel of the CAB and to the Senate aviation subcommittee, has joined the International Transportation Group of Baker&Hostetler in Washington.
The Boeing strike's effects on United will linger through 1996, according to Steve Lewins at Gruntal Research. Lewins says, and United agrees, that the carrier's capacity will increase 3.5% next year instead of the 4.1% originally planned. Lewins doubts that plans to grow domestic capacity 3.5% will suffer, but "the planned 4.9% international growth will take a haircut."
TWA has begun roundtrip nonstop service from St. Louis to Montego Bay, Ixtapa/Zihuatanejo, Puerto Vallarta and Cancun. It is using MD-80s and 727s on the routes.
Midwest Express Holdings, Inc., the parent company of Midwest Express Airlines, will repurchase up to $5 million of its common stock. The company, which had about 6.4 million shares outstanding as of Nov. 30, said it will buy stock over time depending on market conditions and prices. The purchased stock will be held in the company's treasury pending issuance in connection with employee and director benefits, option plans or other purposes.
Granted orally an exemption to Arrow Air to operate all-cargo service between Miami, on the one hand, and Quito and Guayaquil, Ecuador, on the other, and to integrate this authority with its rights to serve Caribbean and Central and South American points.
In FR dated Dec. 18...Proposed to supersede an AD on Lockheed L-1011-385 aircraft concerning cracking of certain areas of the rear spar caps, web, skin and certain fastener holes...Proposed an AD on General Electric CF34 engines to reduce the allowable operating cyclic life limit for certain high-pressure compressor Stage 1 rotor disks...Proposed an AD on Jetstream 4101 aircraft to require inspection to verify the proper position of "door open" placards....Proposed to supersede an AD on certain Brackett Aircraft Co. air filter assemblies.
Summary of U.S. Major Carriers International Traffic May 1995 Revenue Average Revenue Passengers Length of Passenger Enplaned % Travel Miles Carriers (000) Change (Miles) (000) American 1,127 9.93 2,200 2,480,088 Atlantic 300 8.07 4,157 1,247,001 Latin 797 11.23 1,337 1,065,862
The U.S. has tallied 19 new aviation agreements this year, nearly double the total for any of the last five years. Negotiations in Beijing toward a 20th were extended Friday into the weekend with cautious optimism about a U.S.-China accord.
Alaska Airlines is offering two-for-one fares in 34 intra-Alaska markets to stimulate winter travel. Tickets, good for travel between Jan. 7 and Feb. 29, must be purchased three days in advance, require a two-night or Saturday night stay and require one traveler to be at least 18 years old. Only one traveler gets credit for frequent flyer miles.
Challenge Air Cargo President Bill Spohrer predicts more coalitions in the air cargo industry such as Challenge's arrangement with Lufthansa. The "expanding global marketplace makes it impossible for any airline, forwarder or shipper to make it on its own," he says, noting that Lufthansa benefits from greater access to Latin America while CAC gains access to 450 cities in 93 countries served by Lufthansa.
Aviation Development Co., based in Lagos, Nigeria, took delivery of its first ATR-42-320 last week. It will use the turboprop on routes to Ghana, Liberia, Sierra Leone, Guinea and Gambia. ADC also operates three 727s, one DC-9 and three BAC-111s. Eagle Aviation of Kenya took delivery of its second ATR-42-320. ATR has received 33 orders from the Africa and Indian Ocean regions.
The Teamsters lost a lawsuit claiming Delta's rules against wearing certain buttons or displaying large stickers on toolboxes is discriminatory. Delta said the court reaffirmed its policy that employees may wear small lapel pins and put small stickers on toolboxes if they "do not carry a message."
Austrian Airlines has ordered two A340-300 long-range transports from Airbus Industrie, adding to an earlier order of two A340-200s. The two Dash 300 aircraft are scheduled for delivery in the spring of 1997 and 1998.
Summary of U.S. Major Carriers Domestic Traffic June 1995 Revenue Average Revenue Passengers Length of Passenger Enplaned % Travel Miles Carriers (000) Change (Miles) (000) America West 1,501 5.03 803 1,205,780 American 5,733 (1.73) 1,099 6,303,558 Continental 2,814 (11.24) 930 2,616,869