Other News for L15

  • PICTURE: Airship technology demonstrator makes maiden flight

    Nevada based-Airship Surveillance flew its technology demonstrator R&D1 airship for the first time on 11...

  • News Listings for L15

  • PICTURE: Airship technology demonstrator makes maiden flight

    News | 18 Mar 2008 07:30 | Rob Coppinger

    Nevada based-Airship Surveillance flew its technology demonstrator R&D1 airship for the first time on 11...http://www.flightglobal.com/news/articles/PICTURE-Airship-technology-demonstrator-makes-maiden-flight-222269/
  • Hongdu works on supersonic fighter trainer

    News | 25 Sep 2001 00:00

    <p>Hongdu Aviation Industry Group is carrying out feasibility studies into the development of a next-generation supersonic advanced trainer to prepare Chinese pilots for operating third- and fourth-generation fighters. </p> <p>At China Expo 2001, Hongdu, part of China Aviation Industry II, revealed the L15, a design reminiscent of the Korea Aerospace Industries/Lockheed MartinT-50 and proposed EADS Mako trainer/light combat aircraft. The L15 is envisaged as a twin-engined, tandem-seat aircraft equipped with a fly-by-wire flight control system. The aircraft could be modified to operate in the light air-to-ground attack role. </p> <p>The L15 would be able to emulate the flying characteristics of advanced fighter aircraft. Nanchang, Jiangxi Province-based Hongdu says the cockpit will feature head-up and multi-function displays and hands-on throttle-and-stick controls plus an external stores management system. The L15 would have a maximum take-off weight of 9,500kg (21,000lb) and would hhttp://www.flightglobal.com/news/articles/Hongdu-works-on-supersonic-fighter-trainer-136585/
  • Alitalia heading for operating loss this year

    News | 14 Nov 2000 17:19 | Tom Gill

    <BODY LINK="#0000ff" VLINK="#800080"> <P>Alitalia has announced that it is heading for an operating loss for the full financial year, after issuing third-quarter results which are in line with gloomy predictions.</P> <P>Consolidated profit before tax and extraordinary items amounted to L59 billion ($154 million) for the three months to 30 September, down L35 billion year-on-year. This widens pre-tax nine month losses to L283 billion, compared with losses of L15 billion over the same period last year. </P> <P>Alitalia blames much of its continuing weak performance on a L165 billion lire rise in fuel costs during the quarter. Exchange rate factors linked to the depreciation of the euro also hurt the carrier, but costs in other areas remained stable.</P> <P>However, fare rises helped boost quarterly passenger revenues grew by 10% and cargo sales by 12.7% to a combined total of L2,928 billion lire. This confirms the trend over the year, where production revenues grew 12.7% for the nihttp://www.flightglobal.com/news/articles/Alitalia-heading-for-operating-loss-this-year-244525/
  • Meridiana cost cutting agreement pays off

    News | 10 Jun 1998 00:00

    <p>Italy's Meridiana has posted a profits recovery after agreeing a major cost-cutting deal with its workforce last year, </p> <p>The airline, the bulk of which is owned by the Aga Khan, saw profits climb to L15 billion ($9 million), having been little above break-even in 1996. Sales were up by 15%, to L551 billion, helped by the arrival of a nineteenth MD-80. As the price for union concessions, Meridiana is preparing to hand about 16.7% of the company to its 1,100 staff. No further share sales are envisaged in the short term.</p>http://www.flightglobal.com/news/articles/Meridiana-cost-cutting-agreement-pays-off-38029/
  • Air Dolomiti reports first-ever profit

    News | 09 Jul 1997 00:00

    <p>Marco Messalla/ROME </p> <p>Air Dolomiti has posted its first profits since start-up, setting up the north Italian regional carrier for its forthcoming share issue and for the expected order of three regional jets. </p> <p>The airline, which was founded in 1990, turned in an operating profit of L15 billion ($8.8 million) in 1996, having managed only break-even the year before. Sales came in at L83 billion, but are expected to grow to around L120 billion as the network expands. </p> <p>The proflt comes as Air Dolomiti prepares to sell 20%of its stock to Italian investors, and is expected to order three 50-seat regional jets - either Bombardier Canadair Regional Jetsor Embraer's EMB-145 - this month. </p> <p>The Trieste-based airline has a fleet of Aero International (Regional)ATR42s, flying as a Lufthansa partner in to Munich and Frankfurt as well as serving other European destinations. </p> <p>Other of Italy's fledgling regional airlines have fared less well in the country's nohttp://www.flightglobal.com/news/articles/Air-Dolomiti-reports-first-ever-profit-10513/
  • Private funds elude Alitalia

    News | 01 Apr 1997 00:00

    <p>Put your wallet away: Alitalia's no longer for sale. The carrier has abandoned its quest for private investors and turned to state holding company IRI for the full capital injection. </p> <p>The Italian treasury has now confirmed that IRI will inject the remaining L1.5 trillion (US$880 million) of fresh funds into Alitalia, after private investors failed to materialise. 'It has been difficult to get private investors during this problematic time for Alitalia,' concedes IRI. The state holding company has already provided the first half of Alitalia's L3 trillion capital injection. </p> <p>But at least part of those funds are unlikely to find their way to Alitalia. The European Commission is understood to have set a maximum ceiling of L2.8 trillion and is expected to rule in April whether the funds constitute state aid. Any earlier ruling on the capital injection was scuppered by Brussels' demands that Alitalia make its restructuring plan 'less expansionist and more prudent' after Alhttp://www.flightglobal.com/news/articles/Private-funds-elude-Alitalia-1932/