Fleets – Page 937
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News
JAL turns the corner but ANA struggles
Recovery has started sooner for Japan Airlines (JAL) than for All Nippon Airways (ANA). JAL has returned to profit, but both carriers face the twin threats of recession and domestic competition. Figures for the financial year ending 31 March will not be available until May, but the ...
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PAL suffers new rejection
The Philippine Airlines (PAL) soap opera continued in March and April, with a new episode nearly every day in the carrier's fight for survival. As of mid-April, Manila's Securities and Exchange Commission (SEC) had rejected a second rehabilitation plan filed by the airline in March, on the grounds ...
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Air China joins prospective A318 launchers
Air China has signed a tentative agreement with Airbus Industrie and Pratt & Whitney to order eight PW6000-powered A318 twinjets as a trade-in for four Boeing 747SPs. A second potential launch customer, Air France, has asked CFM International to offer the CFM56-5A as an alternative powerplant (Flight International, 21-27 ...
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New York's New Air aims for new year start with Airbuses
Ramon Lopez/WASHINGTON DC New Air, which plans to launch low-fare services from New York Kennedy International in January, has ordered 25 Airbus Industrie A320 family aircraft worth an estimated $1 billion. The new US entrant also holds 25 options and 25 purchase rights on A320 family aircraft, with ...
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Varig shakes up aircraft plans as economy bites
Paul Lewis/RIO DE JANEIRO Varig has dropped plans to lease two new Boeing 777s and is negotiating with the manufacturer to reschedule deliveries of other newly ordered aircraft. The airline is also planning to restructure further its ancillary operations in the face of Brazil's recent economic difficulties. The Brazilian flag ...
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African Star ships in aircraft as it claims licence approval
Hilka Birns/CAPE TOWN South Africa's first independent and majority black-owned international airline, African Star, may have jumped the gun by announcing that the government has granted it an international air service licence. According to sources at the country's transport department, Pretoria's Air Services Licensing Council has given only ...
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Cargolux takes stock exchange route for fleet recapitalisation
Freight airline Cargolux plans to go to the stock exchange later this year, with the aim of raising $100-$150 million to help fund the expansion of its fleet from seven to 12 Boeing 747-400Fs by 2002. The Luxembourg carrier's vice-president for strategy, Lucien Schummer, says the cash will be raised ...
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Subduing the shunto
With crisis gripping Japan's airlines, even the trade unions are unwilling to fight cost-cutting measures Andrzej Jeziorski/TOKYO Springtime in Japan is traditionally marked not only by the flowering of cherry blossom, but by the stirrings of industrial unrest. This year's strike season, known locally as "shunto", should be well under ...
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US majors beat expectations
Chris Jasper/LONDON Most large US carriers have reported a stronger-than-expected performance for the first quarter of this year on the back of strong domestic demand and improving international markets. Bad winter weather took its toll, but while several airlines posted poorer results than for the same period last year, ...
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CIT steps up with Airbus buy
Paul Lewis/WASHINGTON DC The CIT Group has signalled its intent to compete as a major international aircraft lessor with its first direct purchase of 30 Airbus Industrie A320 and A330s. The portfolio is expected to be supplemented shortly with a similar size order for new Boeing Next Generation 737s. CIT ...
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Marketplace
Trans World Airlines has leased three used Boeing 767-300ERs from GE Capital Aircraft Services, one for delivery in August and two in February. TWA has sold GECAS five 767-200s, which it is leasing back until delivery of the -300ERs. The airline realised net cash proceeds of $31 million, plus $5 ...
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Diamond plans first JAR 23 approval with DA 40
Diamond Aircraft is aiming to be the first general aviation manufacturer to certify an aircraft under European Joint Aviation Authorities (JAA)JAR 23 regulations when it completes flight tests of its DA 40-180 four-seater this year. The more expensive JAA certification will ultimately save the company money as it has ...
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Vietnam seeks maintenance venture partners
Vietnam Airlines is searching for foreign partners for an aircraft maintenance and engineering joint venture. The carrier hopes to find partners and to secure government approval for the venture this year. Vietnam Airlines plans to hold at least 50% of the company, which will operate from the airports at ...
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Chileans to select new widebody
David Learmount/SANTIAGO LanChile is to decide on acquiring long-range widebody aircraft by the end of July, says chief executive Enrique Cueto. Chile's leading airline, Lanchile is also expected to decide whether to join the American Airlines/British Airways-led oneworld alliance next month. The requirement for the new aircraft has ...
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Aegean Airlines joins attack on Olympic
Julian Moxon/ATHENS Greek scheduled carrier Aegean Airlines has taken delivery of the first two of up to four British Aerospace Avro RJ100s, as it joins the attack on the former monopoly of state-owned Olympic Airlines. Aegean will begin operating scheduled services with the aircraft to Thessaloniki, Heraklion, Chania and ...
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Windeagle wins first order for Turboprop
Interdoc Aerospace has placed the launch order for the Windeagle Turboprop, a re-engined derivative of the four-seat Windecker Eagle developed by Windeagle Aircraft of Ontario, Canada. The Midrand, South Africa-based company has ordered 15 aircraft, valued at around $9 million, with first deliveries expected by the end of the ...
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PC-12 popularity prompts production increase
Strong demand for the single-engined Pilatus PC-12 turboprop has prompted the Swiss manufacturer to increase annual production from 48 to 60 aircraft. The move is likely to strengthen Pilatus Aircraft's market value, following the decision by parent Oerlikon Burhle Holdings to sell the Stans-based manufacturer as part of restructuring plans ...
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Pilot squabble forces Delta to defer 777s
Lack of progress in negotiations between Delta Air Lines and the Air Line Pilots Association has forced the US major to defer indefinitely deliveries of four Boeing 777-200s. The aircraft, which are part of the airline's firm orders for 13 Rolls-Royce Trent 800-powered 777s, had been due for delivery ...
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China Eastern rolls over MD-82 fleet
China Eastern Airlines has sold its 13 Boeing MD-82s to GE Capital Aviation Services (GECAS) as part of a deal to lease 10 Airbus A320s. GECAS has arranged to lease six of the MD-82s to Spanair and to sell four to US carrier Spirit Airlines, while the other three aircraft ...