SAirGroup pulls out of TAP
privatisation<br>(UPDATE: releads with SAirGroup statement)<br><br>By
Marcel Michelson<br><br>ZURICH, Feb 1 (Reuters) - Swiss
aviation conglomerate SAirGroup said on Thursday it was
withdrawing from the privatisation of TAP-Air Portugal
[TAP.CN], making the Portuguese airline the first victim of
its strategy overhaul.<br><br>The Swiss company said
in a statement it would continue its commercial
cooperation with TAP and provide a guarantee for the
short-term financing needs of the Portuguese firm, which
will count against any liabilities that arise from its
withdrawal.<br><br>Portuguese Public Works Minister Jorge Coelho has called a
news conference for 1800 GMT in Lisbon after a meeting
with SAirGroup Chairman Eric Honegger. Swissair said
the two men met ``in an atmosphere of openness and
mutual trust.''<br><br>SAirGroup shares were down 2.5
percent at 234 euros by 1650 GMT, little changed from
their losses before the
statement.<br><br><a href=http://biz.yahoo.com/rf/010201/l01190342_3.html
target=new>http://biz.yahoo.com/rf/010201/l01190342_3.html</a>
SAirGroup pulls out of TAP privatisation<br>(UPDATE: releads with SAirGroup statement)<br><br>By Marcel Michelson<br><br>ZURICH, Feb 1 (Reuters) - Swiss ...
Today, a Crossair Saab 2000 turned back to Zurich airport shortly after take off because of smoke in the cockpit. The smoke was caused by a computer fan...
Thank you swissairs. As Carla suggested, I guess we should say this incident is #4 in 2001- that we know of. I appreciate the information.<br><br>Barbara...
The WSJ reports that the head of Sabena accepted the critical audit that was done by a pilot's union. The article also stated that there would be at around 700...
From the WSJ:<br><br>On Thursday, when asked about the results of the audit, Urs Peter Naef, SAirgroup spokesman said, "This is Sabena's story, not ours."...
Recent aircraft accidents have focused attention on aging wiring problems and this has also led to increased interest in the manufacture of high-quality wiring...
Report dated Jan 9 2001<br><br>A Labrador Airways commuter plane declared an emergency yesterday after<br>taking off from St. Anthony, at the northern tip of...
Tough decisions ahead for SAirGroup<br> <br> <br><br>The SAirGroup called a halt last week to all acquisitions [Keystone] <br> <br>SAirGroup, parent company of...
WASHINGTON - An increasingly turbulent atmosphere for the airline industry began yesterday as American Airlines President Donald Carty testified before the ...
I've read today in a Swiss newspaper that Sair has to pull out of these alliances (TAP, PGA, Turkish, Air Europa, Volare, Lot...)if they want to join the...
It is still unclear what caused yet another smoke incident that occured on a Britannia´ Boeing 757, 11 year old, on Febr 2 during a flight with a full load...
Barbara,<br>In this event it may be that the crew landed pretty fast, anyway. Maybe that they had another, feasible, runway more nearby than where they landed....
Thanks Len for explaining that. I doubt the passengers did know the sinister implications of inflight smoke events. I certainly didn't until Tara was killed. ...
From Air Safety Week regarding mylar:<br><br>Proposal Criticized as "Unconscionable" to Limit Burnthrough Resistance To Fuselage Lower Half<br> <br>A proposal...
Continued from Air Safety Week:<br><br>Praise for the Proposal<br>Civil Aviation Authority, CAA (UK). "We have no comments on the flammability aspects other...
On Non-Applicability to Cargo Operations<br>International Brotherhood of Teamsters, IBT, Airline Division (U.S.). "We...urge the agency to reconsider its...
On Lower and Upper Half Burnthrough Protection<br>ALPA. "...(T)he proposed rule would allow that the insulation on the top half of the fuselage only would have...
On the Proposed 4 Minutes to Resist Burnthrough<br>CAA. "Burnthrough times of over 10 minutes have been achieved.... The extensive testing that has been...
Compliance Time<br>AECMA and Airbus Industrie. "A compliance time of no sooner than 5 years (for newly manufactured aircraft) after the effective date of the...
Terms Defined<br>In flight fire: The FAA is proposing a new standard (the flame propagation test) to qualify insulation for protection against in-flight fires....
SAirGroup’s Reutlinger resigns<br><br>Less than two weeks after the beleagured SAirGroup’s chief executive, Philippe Bruggisser, resigned, the head of...
Lawsuits blame crash on controllers<br><br>By Kathryn Quigley, Palm Beach Post Staff Writer<br>Sunday, February 4, 2001<br><br><br>Five minutes into the stormy...
ATC job is to keep planes apart?<br><br>I don't believe this. Keeping an "eye" on weather conditions is not part of ATC's responsibility?????<br><br>What ...
I agree with you Carla. They've gotten away with some pretty outrageous things over the years. Where would one even begin to list them? The problem is that I...
Having problems with message search?
Fill out this form to ensure your group is one of the first to be migrated to the new message search system.
Send Email
