Transportation would face significant funding cuts under the budget resolutions, but not as great as those contemplated last year. Federal outlays for transportation over six years would drop from a baseline of $230.4 billion to $217.6 billion in the House budget resolution and $212.2 billion in the Senate resolution. Last year's budget resolution assumed outlays of $205.9 billion in fiscal 1997-2002. Assumptions are not binding - the appropriations committees may allocate funds as they wish within the total discretionary cap.
DOT approved applications of World Airways and Southern Air Transport for additional services between the U.S. and South Africa. World asked for two more weekly frequencies in the market, bringing its total to seven, so it could operate daily New York-Johannesburg service, via Accra, Ghana (DAILY, May 7). The carrier argued it needed daily services to compete effectively with South Africa Airways, the "entrenched incumbent at New York," and to maximize the benefit of its code-share arrangement with Continental.
Sanders, a Lockheed Martin Company, appointed Robert Cotter director- displays and mission computers and Paul Cotter program manager-C-130J, both for the Avionics Division.
As the United-Lufthansa bid for antitrust immunity nears approval, so does the U.S.-Germany open skies agreement. The way may be clear for President Clinton and Chancellor Kohl to sign it when they meet May 23 in Milwaukee. The agreement was initialed Feb. 1.
U.S. Major Carriers Operating Revenues and Expenses The Year 1995 Operating Operating Revenues Expenses (000) (000) The Year 1995 America West $ 1,561,849 $ 1,407,116 American 15,608,464 14,640,876 Continental 4,919,025 4,680,825
The Canadian government has ruled for a second time that Greyhound Lines of Canada needs a license if it wants to move ahead with plans to start marketing and selling air travel through a deal with Kelowna Flightcraft Air Charter Ltd. The government decision was made after Greyhound asked the National Transportation Agency of Canada to reconsider its position, announced last month.
Granted orally to Swissair an exemption renewing its authority to conduct scheduled combination service between Cincinnati and Zurich under a code- share/blocked-space arrangement with Delta.
Hyundai Space and Aircraft Co., Seoul, selected Andalucia Aeroespacial, Seville, to build leading edge slats for the wings of Douglas Aircraft MD- 95s. Douglas said the subcontract reflects the growing global nature of the aerospace business. Andalucia will build the slats as 10 subassemblies, five for each wing, to be assembled into a whole when installed on the aircraft. The subcontract has an initial value of $7.5 million and possible future value of up to $60 million. Hyundai is one of 15 major supplier-partners on the MD-95 program.
The board of directors of Pacific International Airlines has taken over the day-to-day running of the airline from Danny Wright, interim president and general manager. A replacement general manager has yet to be named. The carrier also promoted Rima Saleh to director of marketing. Saleh, previously the director of ground operations, replaces Susan Desotelle, who is leaving the company. Pacific International is an FAA Part 121 certificated, supplemental air carrier that provides passenger charter services to U.S. tour operators.
Senate Commerce Committee Chairman Larry Pressler (R-S.D.) asked ACCESS U.S.-Japan Chairman Gerald Baliles last week to "confirm" that the coalition "does not embrace the negotiating approach" of American, a founding member. In the approach Pressler was referring to, the U.S. would trade future beyond-Japan rights for early increases in U.S.-Japan service.
April was another strong month for Kiwi International Air Lines, which reported record traffic. The carrier flew 154 million revenue passenger miles, a 50% increase from April 1995. Capacity was up 29% to 225.6 million available seat miles, and the load factor climbed nine percentage points to 68%. The number of revenue passengers rose 44% to 203,000. "Our new flights to Bermuda have started strong, business travel between New York, Atlanta and Chicago continues to do well, and we started KiwiKargo service in April," said President Jerry Murphy.
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Vanguard's net losses grew to $4.7 million in the first quarter, a 19.8% increase over those of the year-earlier period. The loss was $0.55 on a per share basis compared with $0.58 for the first quarter of 1995. Vanguard said it lost money in January and February but was in the black in March after installing a new yield management system. It has been predicting that with the new system in place, the second quarter will be stronger. The carrier had an operating loss of $4.7 million on operating revenues of $14.19 million and expenses of $18.91 million.
Air Senegal is looking for U.S. investors to play a role in its privatization. The government plans to sell 51% of the carrier, including a 20% stake to Air Afrique, its employees and local investors.
TriStar Airlines' corporate logo won the award of excellence for logo design in the American Corporate Identity competition. The carrier operates a fleet of BAe 146s in the western U.S.
USAir has started nonstop jet service between New York LaGuardia and White Sulphur Springs, W.Va., home of the Greenbrier resort. The carrier is flying a 727 in the market three times per week through Nov. 3.
