All news – Page 7178
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Ryanair leads in mixed low-cost results
Kevin O'Toole/LONDON A mixed set of financial results from Debonair, Ryanair and Virgin Express - their first since seeking stock-market listings earlier this year - has left analysts looking for signs of a shake-out in Europe's low-cost airline market. Veteran low-cost challenger Ryanair posted a robust ...
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Heico looks for cash to fund acquisitions
Heico plans to raise $75 million through a bond offering, in part to help fund the group's rolling programme of acquisitions in the engine and airframe service market. At the end of October, the group's latest deal involved an alliance between its main Flight Support engine services unit ...
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AAR expands
AAR has acquired Florida-based composites manufacturer ATR International, a supplier of business-jet interiors and aircraft structures. Source: Flight International
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Deal gives P&W 25% stake in Perm
Alexander Velovich/MOSCOW A re-organisation plan agreed for Russia's cash-strapped engine manufacturer Perm Motors will see Pratt & Whitney take a 25% stake in a new joint-stock company set up to concentrate on PS-90 production. Under the deal, a new company, the Perm Motorbuilding Plant (PMZ),will take ...
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Ambitious SALE adds two new partners
Following an injection of new capital, Singapore Aircraft Leasing Enterprise (SALE) claims that it is on course to take its place among the world's three largest leasors by the year 2000, building a portfolio of 100 aircraft with its US joint owner, Boullioun Aviation Services. The claim follows ...
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Schwarzenegger muscles in on SIA aircraft-sale plans-
Paul Lewis/SINGAPORE US film star Arnold Schwarzenegger has invested in the sale and leaseback of a Singapore Airlines (SIA) Boeing 747-400, worth $130 million, in what is being seen as part of a wider move by the carrier to lessen its exposure on aircraft ownership. SIA ...
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Ride the tiger
In the words of Douglas Adams' Hitch-hikers' Guide to the Galaxy, "Don't panic!" - well, not yet, anyway. Similarly, however, don't relax. The recent turmoil in Asian stock and currency markets is going to have a profound effect on the air-transport business and its suppliers. Those forecasters, whose confident predictions ...
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February date set for first RAF C-130J
Lockheed Martin now plans to deliver the first of 25 of its C-130J Hercules to the Royal Air Force at the end of February 1998 - almost 18 months later than originally planned - and will be forced to compensate its launch customer. C-130Jchief test pilot Bob Price ...
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Northrop Grumman eyes multi-function IIR
Northrop Grumman is developing a conformal array multi-function imaging infra-red (IIR) sensor system intended for the Joint Strike Fighter (JSF). The distributed-architecture infra-red system (DAIRS) is to be demonstrated in Northrop Grumman's BAC One-Eleven testbed in mid-1999, leading to US Navy flight-tests in a Boeing TAV-8B in mid-2001. ...
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Turkey picks two to battle for F-5 upgrade programme
Singapore Technologies Aerospace and France's Sagem are the final contenders for the Turkish air force's $100 million Northrop F-5 upgrade programme, with a final decision expected by the end of 1997. Five teams submitted initial bids for the 48-aircraft upgrade programme in the first quarter of 1997. As ...
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Boeing wins F-15C distributed training
Boeing has been selected by the US Air Force to build and operate networked simulators for the former McDonnell Douglas F-15C. Under the F-15CContractor Training Simulation Service programme, the company will privately finance construction of the simulators, in return for a ten-year, $333 million fee-for-service contract from the ...
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Texas Instruments and BGT explore HARM follow-on
Andzjej Jeziorski/MUNICH GrahamWarwick/WASHINGTON DC Raytheon TI Systems (RTIS) and Bodenseewerk Gerätetechnik (BGT) are exploring co-operation on future anti-radar missile developments, as Germany and Italy prepare to sign up with the USA for a joint upgrade of the AGM-88 high-speed anti-radiation missile (HARM). The two European countries ...
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USAF nears decision on hypersonic engine
Ian Shephard/London The US Air Force is to award a $50 million engine development contract for its HyTech hypersonic missile programme by the end of 1997, which could lead to a Mach 7-8 weapon being fielded as early as 2009. Speaking at the Towards Mach 5: ...
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Italy plans air force shake-out
Andrea Spinelli/GENOA The Italian Government is working on a restructuring plan which could cut the Italian air force's squadron numbers by more than one-third and slash staff levels. The air force's plans for a 350-strong combat aircraft fleet appear untenable, and the Government is virtually certain ...
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Pratt & Whitney JSF engine passes critical-design-review phase
Pratt & Whitney's two derivative F119 engines for the Joint Strike Fighter (JSF) have successfully completed the critical design review (CDR) phase, clearing the way for the start of full engine fabrication and testing. The CDR began in August and concluded with final-review meetings with JSF programme director ...
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USNavy plans mine-detector fly-off
A fly-off between airborne laser mine-detection systems is planned by the US Navy later this year. Kaman's Magic Lantern will be evaluated against the ATD-111 system developed by Lockheed Martin company Sanders, for deployment on Navy Sikorsky SH-60s. The Magic Lantern is already operational, providing an interim laser-based ...
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V-22 delivery
The third of four Bell Boeing production representative V-22 Osprey tilt-rotor has been delivered to the Patuxent River Naval Air Warfare Test Center for flight testing. V-22 Number 9 will be used to test the forward-looking infra-red navigation. Source: Flight International
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USAF radio
A programme to replace all military radios with systems using common hardware and software modules has been lauched by the US Department of Defense. The joint-service Progammable Modular Communications Systems programme is expected to get under way before the end of 1997. Source: Flight International
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Singapore and South Africa agree training
Singapore has concluded a defence co-operation agreement with Pretoria which will allow its forces to train and exercise in South Africa with remotely piloted vehicles (RPVs). Singapore defence minister Tony Tan says that training with RPVs will begin in 1998 at the South African Air Force's Hoedspruit airbase. ...
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USAF abandons winner-take-all EELV approach
The US Air Force has changed its procurement method for its next-generation Evolved Expendable Launch Vehicles (EELV), abandoning its previous winner take-all approach in favour of a rolling batch-procurement competition. Lockheed Martin and Boeing had been competing in a winner-take-all competition for a $1.6 billion engineering and manufacturing ...