News Listings for National Jet Italia

  • ANALYSIS: Italian airline consolidation enters end-game

    News | 02 Feb 2012 15:53 | Graham Dunn

    Alitalia's planned acquisition of local carriers Wind Jet and Blue Panorama, together with Meridiana Fly's previously announced merger with Air Italy, caps...
  • BAE in NJI dispute

    News | 01 Dec 2002 00:00

    <p>Aerospace and defence group BAE Systems has been accused of conspiracy to defraud in a case in London's High Court. ABM Venture Capital of Italy is suing BAE and others for the recovery of losses related to the collapse of regional start-up National Jet Italia (NJI) last year. BAE supplied its 146 regional jets to NJI on a lease-back basis.</p>
  • BAE briefs defence against fraud charge

    News | 05 Nov 2002 00:00

    <p>BAE Systems is preparing to defend itself against accusations of conspiracy to defraud an Italian investor group of £6 million ($9.3 million) over its involvement with collapsed British Airways franchise operator National Jet Italia. </p> <p>In a claim lodged with the High Court in London, Italian finance house ABM alleges that BAE and Aviation Partners Worldwide (APW, formerly Tolmount), the latter owned by the late Peter Sutch, former Cathay Pacific chief executive, conspired to mislead it over APW's acquisition in July 2001 of National Jet Italia. </p> <p>Both defendants have said they will oppose the charges, but have declined to comment any further.</p> <p>ABM says that it agreed to invest £6 million in APW to give it the cash to buy National Jet Italia, but only if another investor was found to provide another £7 million. BAE, it alleges, put up this money, but only on the basis that it would receive the money back from National Jet Italia after the takeover, as a deposit o
  • Marketplace

    News | 04 Dec 2001 00:00

    Boullioun Aviation Services and Singapore Aircraft Leasing Enterprise (SALE) have signed sale-and-leaseback deals on four Boeing 737-800s to Air Berlin. Japan Airlines (JAL) has ordered five Boeing 767-300ERs to replace McDonnell Douglas DC-10s. The General Electric CF6-powered twinjets are due for delivery in 2003 and 2004. JAL's 15 remaining DC-10s will be retired between 2003 and 2006. National Jet Italia has returned two Boeing 737-400s to International Aircraft Investors and International Lease Finance. Boeing has announced an order from an unknown customer for four 737-700s. Airlease has leased two ex-US Airways Boeing MD-82s for up to five years to Albuquerque, New Mexico-based CSI Aviation Services to provide charter flights for the US Marshals Service. Qantas has placed orders for three Bombardier Dash 8 Q300s. Meanwhile, Wideroe and British European are the latest airlines to take delivery of the Q400.
  • Workshop

    News | 23 Jul 2001 23:00

    Aero Services (formerly the AGES group) has signed a memorandum of understanding with aftermarket specialist Tracer and internet marketplace to handle the sale of its inventory of expendable parts. TRW and HRD are to invest jointly in a repair facility for fire bottles, fire extinguishers and eventually oxygen systems to be set up within TRW Aeronautical Systems' Singapore repair centre. Phoenix, Arizona-based Triumph Air Repair has been authorised by Honeywell to overhaul the 131-9- series auxiliary power unit installed in the Boeing Next Generation 737 and MD-90. Singapore Technologies Aerospace (ST Aero) expects its new Sikorsky S-76 maintenance, repair and overhaul facility to be certified as a Sikorsky Authorised Service Centre by the end of the year. ST Aero has invested S$400,000 ($215,0000) in the operation. Work has begun on a joint venture between Virgin Atlantic Airways and BAA to build a £25 million ($35 million) maintenance facility at London H
  • Marketplace

    News | 14 May 2001 23:00

    Yemen Airways has leased three Boeing 737-800s from International Lease Finance for delivery starting in April 2002. Airfund has arranged the four-year lease of a 737-400 to Sky Airlines. AeroCentury has leased two de Havilland Canada DHC-6-300 Twin Otters to Trans Maldivian Airways, a regional airline based in Male, Republic of Maldives. The aircraft were previously leased to Colombian airline SAM. Finnair has leased two Pratt &amp;Whitney PW2040-powered Boeing 757-200s from International Lease Finance for five years. The aircraft will be delivered in March and April 2002, taking its fleet to seven. International Aircraft Investors has secured several lease deals. An ex-TWA Boeing MD-82 has been leased to American Airlines, while National Jet Italia is leasing an ex-GB Airways Boeing 737-400 until April 2004. The company also has letters of intent from Skyservice for the lease of an ex-Transaer Airbus A320 and an ex-Taesa Boeing 737-300 to Italy's Panair. Pakistan International