All air transport news – Page 2632
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Airbus boost
Airbus Industrie waited until the last few days of December to land its first major order of 1995, announcing a deal with Philippine Airlines for 24 aircraft. Boeing was also included, with eight 747-400s included in the order. The Airbus share of the $3 billion deal includes four A340-300s, eight ...
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Airlines
Kevin O'Toole/Business Editor THE WORLD AIRLINE INDUSTRY finally shook off the recession in 1995, to produce what are likely to be the highest profits on record. Barring unforeseen disasters, the industry should continue to forge ahead in 1996. The figures have yet to be collated for ...
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Family ties undone
Certification "grandfather rights" for derivative aircraft are about to be phased out. David Learmount/LONDON T HE ISSUE OF "grandfather rights" as they apply to aircraft certification provokes righteous indignation, anger and transatlantic disharmony. Something had to be done about them, but reaching agreement without destabilising ...
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Air transport
Andrew Doyle/TECHNICAL REPORTER Kevin O'Toole/BUSINESS EDITOR THE GOOD NEWS, at least for manufacturers, is that aircraft deliveries reached the bottom in 1995. The less good news is that the upturn in 1996 will be moderate. The big three, airframe manufacturers (Airbus, Boeing and McDonnell Douglas), ...
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Boeing to raise output as markets begin to stir
Kevin O'Toole/LONDON BOEING IS TO raise aircraft production rates towards the end of 1996 in a move, which the company says reflects the beginnings of an upswing in aircraft demand, as well as efforts to catch up from the ten-week strike. Production is expected to recover ...
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Extending credit
Western financiers continue to approach business deals in Eastern and Central Europe with caution Paul Duffy/PRAGUE IT IS FIVE years since the economies of Eastern Europe started shifting towards the styles, structures and modus operandi of the West, yet the problems facing Central and Eastern European airlines ...
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Las Vegas lasers shut down
Alan Staats/PHOENIX Hotel and casino operators in Las Vegas have been ordered to suspend their laser displays following an incident involving a Southwest Airlines Boeing 737 first officer being temporarily blinded by a burst of laser light. The event occurred even though the hotel involved ...
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Mexican overhaul
Standard Aero, of Winnipeg, Canada, and Mexican overhaul company Servicios Aereos Del Centro, have won a C$1 million ($725,000) renewable yearly contract from the Mexican Government to repair and overhaul Allison 250 and Pratt & Whitney Canada PT6 engines powering the Procuraduria General de la Republica's fleet. Source: ...
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SJ30 tests make progress
Graham Warwick/ATLANTA SINO SWEARINGEN Aircraft (SSAC) has completed bird-strike testing for the SJ30 light business-jet. Tests were conducted at windshield manufacturer PPG in Huntsville, Alabama, and SSAC says "...the metal cockpit structure required no repairs after the 320kt [590km/h], 4lb [1.8kg] bird strikes." The first US ...
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Austrian orders two A340-300s
AUSTRIAN AIRLINES has placed a Sch3.22 billion ($320 million) order for two high-capacity Airbus A340-300s, for delivery in 1997 and 1999. The new aircraft, to be configured for 297 passengers in a two-class layout, will be used to supplement or replace the existing A340-200s on routes to Johannesburg, ...
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SAA and Lufthansa to co-operate
Andrzej Jeziorski/MUNICH LUFTHANSA AND South African Airlines (SAA) have put signatures to a co-operation agreement, now scheduled to come in to force from 1 April. The agreement, signed by Lufthansa's chairman Jurgen Weber and his SAA counterpart Mike Myburgh on 15 December, follows a memorandum of ...
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Hamilton Standard signs with Russian firm
HAMILTON STANDARD has signed a joint venture with Nauka, a Russian designer and manufacturer of environmental-control systems (ECS). The joint company, announced in Moscow at the end of November, is already set up for Westernised production of ECS units. The venture employs 35 workers, but there are plans ...
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New talks for Thailand
Many Washington aviation officials believe Federico Peña's November tour of Asia was more show than substance, with Peña signing agreements already negotiated. However, one development has been a long time in coming. Thailand renounced its US bilateral in 1990, the result of what Bangkok felt was an overabundance ...
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Aircraft news
SAS is to buy six more B737-600s worth an estimated $210 million, adding to its existing order for 35. South African Airways is to acquire seven B777-200s and two B747-400s. Amsterdam-based carrier Transavia has ordered eight B737-800s, with options on an additional 12. Gulf ...
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Suppliers
EDS is to assume responsibility for Rolls-Royce Aerospace Group's information technology in a $900 million deal. America West Airlines and Reno Air have introduced EDS' electronic ticketing system. Rolls-Royce and Hong Kong Aircraft Engineering Company have a formed an engine overhaul joint venture, Hong Kong Aero Engine Services. ...
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Appointments
Henrik Arle, EVP staff/finance, is taking on the responsibilities of general international relations, following the retirement of Oiva Rejasammal. The marketing aspects become the responsibility of EVP marketing Leif Lundstrom. Air New Zealand has appointed Annabel Cotton manager investor relations, and John H Blair company secretary and corporate ...
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Finance
Atlas Air has completed a $100 million public offering to finance three of the 10 Boeing 747-200s which Haeco is converting to freighters. Atlas Air operates 10 B747 freighters on behalf of British Airways, China Airlines, Emirates, KLM, Lufthansa and Varig. Hong Kong's Provisional Airport Authority has signed ...
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Politics top bill at Aria
Planning decisions critical to the development of Aeroflot Russian International Airlines (Aria) are on hold following a Kremlin-instigated clearout of the carrier's boardroom which has placed the flag more firmly under political control. Only one member of the previous board of directors, chairman Gennady N Zaitsev, has survived ...
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Alitalia faces capital test
Alitalia is treading a fine line as it finalises its new restructuring plan, trying to avoid the attentions of Brussels over its capital injection and further conflict with its unions. At presstime, the Italian flag was considering a report on Alitalia's restructuring drawn up by an independent financial ...
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Mexico goes into a shell
Aeromexico and Mexicana should come under the oversight of a holding company by the end of the month. The search for potential buyers for the single entity could begin once the slow process of putting the two carriers' finances in order is complete. The holding company, called the ...