Fleets – Page 934
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News
Fresh delay threatens A3XX
Julian Moxon/PARIS The Airbus Industrie A3XX is facing further delay as potential customer airlines, confronted by increasingly tough market conditions, retreat from committing to the aircraft in time to support an already delayed late 1999 launch deadline. While the airlines consider their options on timing, the European consortium is believed ...
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747 cut forces Northrop Grumman to take pre-tax charge
Northrop Grumman is taking a pre-tax charge of $125 million in the fourth quarter of 1998, mainly because of a reduction in deliveries of fuselages for the Boeing 747-400 programme. A $20 million charge was also taken to cover a cost estimate increase on the Directional Infrared Countermeasures (DIRCM) programme. ...
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SAA/Air Namibia shake hands on long-term commercial alliance
South African Airways (SAA) and Air Namibia have agreed on a long term comprehensive commercial alliance which will include regional feeder carriers South African Express, South African Airlink and Kalahari Express Airline. A memorandum of understanding has been signed by SAA chief executive Coleman Andrews and Air Namibia's acting ...
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Orbital Sciences breaks record with $2.5 billion orderbook
Orbital Sciences (OSC) is claiming a record $2.5 billion-worth of new orders in 1998 for space and ground infrastructure systems product lines. Just over half the contracts were for Pegasus, Taurus and suborbital rocket launches and $475 million for sensors, electronics and satellite ground systems. The latest figures bring ...
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Boullioun purchase
Deutsche Bank's $120 million purchase of US commercial aircraft leasing firm Boullioun Aviation Services from Japan's Sumitomo Trust and Banking has been finalised. The Bellevue, Washington-based company has a one-third stake in Singapore Aircraft Leasing Enterprise. Boullioun Aviation Services and Singapore Aircraft Leasing own 46 aircraft worth $1.6 billion. The ...
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Continental Express aims for all-ERJ fleet within five years
Paul Lewis/SAO JOSE DOS CAMPOS Continental Express is committed to replacing its entire fleet of 98 turboprop aircraft with new Embraer ERJ-135/145 jets within five years, but has ruled out a near-term requirement for a larger 70-seat regional transport. The Continental Airlines subsidiary has ordered 75 ERJ-145s and ...
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Asian crisis will continue 'well into next decade'
The Australian Centre for Asia Pacific Aviation predicts that the crisis affecting Asia's airline industry will continue "well into the next decade". "The original shock was sharp and painful, but the bleeding will continue well beyond 1999," says Peter Harbison, managing director of the Sydney-based airport and aviation research ...
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Horizon brightens orderbook for CRJ-700 with $580 million deal
Paul Lewis and Ramon Lopez/ WASHINGTON DC The Bombardier Canadair Regional Jet (CRJ) Series 700 orderbook has been given a major end-of-year boost with the $580 million sale of 25 aircraft to US domestic carrier Horizon Air. The Canadian manufacturer has also secured another order for the smaller CRJ-200ER ...
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Debonair extends AB Airlines link with Boeing 737 lease
Debonair has expanded its co-operation with fellow UK low fare airline AB Airlines and boosted its fleet capacity with a nine-month deal to lease a 139-seat Boeing 737-300. The London Luton-based carrier will use the aircraft to supplement its fleet of 12 smaller British Aerospace 146s, initially to increase ...
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Delta boosts Boeing backlog by 49 aircraft
Delta Air Lines has topped up its Boeing orderbook to 173 aircraft by converting options and firming up previously announced purchases totalling an additional 49 Next Generation 737, 757, 767 and 777s. The carrier has announced option conversions and incremental orders covering the six-month period between June and December ...
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European creditors throw out Philippine Airlines rescue plan
Andrzej Jeziorski/SINGAPORE Troubled Philippine Airlines (PAL) has suffered a fresh blow with the rejection of its rehabilitation plan by European creditors. One local creditor, the Philippine International Commercial Bank (PCI Bank), has suggested changes to the plan, meanwhile. The European creditors control the leases on 12 Airbus ...
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SIA forges alliance with Air Canada
Singapore Airlines (SIA) has signed a memorandum of understanding (MoU) with Air Canada to form a strategic partnership, possibly bringing SIA closer to Star Alliance membership. SIA has been named by Lufthansa as being likely to join Star in 1999, alongside Air Canada, Lufthansa, SAS, United Airlines, Varig and ...
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Crossair predicts big profit for 1998 but warns on ATC delays
Andrew Doyle/MUNICH Swiss carrier Crossair is forecasting bumper results for 1998 on the back of a 26% surge in scheduled passenger traffic. But the SAirGroup regional subsidiary complains that European air traffic control (ATC) delays reached their worst ever level last year - a situation it describes as ...
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Jet airliner sales flat for the third year, but shipments are up
Jet airliner sales recorded a third consecutive flat year in 1998, with Airbus Industrie and Boeing together taking 1,100 orders worth $75 billion. Shipments have continued to increase, with the 780 aircraft delivered representing a 40% increase on 1997. Provisional figures compiled by Flight International show orders split roughly ...
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P&W sketches out PW6000 test plan
Pratt & Whitney plans to run the first engine tests of its PW6000 turbofan in July 1999, and will flight test the initial engine on powerplant manufacturer Pratt & Whitney Canada's Boeing 720 testbed in early 2001. The timescale depends partially on Airbus giving the go-ahead for the formal ...
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Changes at Aerolineas
American Airlines' purchase of an 8.5% stake in Aerolineas Argentinas has started the Argentinian carrier on a major restructuring. Promptly after the $25 million purchase closed, Aerolineas ordered 12 Airbus A340s as the first step of its new business plan to refleet and expand. Delayed for months by regulatory ...
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Boeing cuts as growth slows
As Boeing announced another dose of bad news at the end of 1998 - more job cuts and a slowing down of production - it heads into the New Year hoping to convince Wall Street that these measures will finally put the company ahead of the worldwide economic downturn. ...
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News in Brief
Japanese start-up - Japanese startup Amakusa Airlines has ordered one 39-seat Bombardier de Havilland Dash 8-100Q in preparation for its launch in the spring of 2000. The airline, which follows Symark and Air Do into Japan's newly opened domestic market, is majority owned by a local government interests. Money ...
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News in Brief
Short and wide - British Midland has ordered 10 50-seat Embraer RJ-145 regional jets and is seeking six long-haul aircraft for its proposed US routes. A choice is expected to be made soon between the Airbus A330-200 and the Boeing 767-300. City Bird cargo - City Bird of Belgium has ...
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Debonair broadens its horizons
The last few months of 1998 have been a busy time for ambitious UK low-fare airline Debonair. First came the regional frequent flier initiative, followed by approval from above for an extensive air-bridge operation for pilgrims travelling to the religious sanctuary of Lourdes from 10 European cities. Then came ...