Fleets – Page 939
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Cathay extends deadline in pilots' pay dispute
Andrzej Jeziorski/SINGAPORE Cathay Pacific Airways pilots have until 30 April to respond to an offer of stock options in exchange for a pay cut. The Hong Kong Air Crew Officers' Association (AOA)has welcomed the extension of the deadline, from 6 April to 30 April. Cathay initially tried to ...
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IPTN takes part in Boeing product development study
Guy Norris/LOS ANGELES Andrzej Jeziorski/SINGAPORE Indonesian aerospace company IPTN has started work on an advanced product development (PD) study for Boeing, which is evaluating new, simpler, fuselage structures. "We have contracted them for some preliminary design studies for a different structural approach to how you do a fuselage," ...
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Malaysia Airlinesplans to sell aircraft in consolidation plan
Andrzej Jeziorski/SINGAPORE Malaysia Airlines (MAS)plans to sell three Boeing 747 Combis, one 737-300F freighter and five 737-500s under its fleet consolidation programme. According to MAS vice-president of asset management Razali Harun, the company wants to base passenger operations on 737-400s, 777-200s and Pratt & Whitney PW4000-powered Boeing 747-400s, ...
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Marketplace
Ansett Worldwide Aviation Services (AWAS) has taken delivery of the first of five Next Generation 737-700s it has on order, which has been placed with an undisclosed customer in Asia. AWAS is understood recently to have cancelled at least three of its Next Generation 737 orders. TWA ...
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Southwest plans for expansion of non-stop services
Southwest Airlines is to add non-stop services between 20 cities as it continues to take delivery of new Boeing 737-700 narrowbodies. The Dallas, Texas-based low fares carrier expects to take delivery of 29 Next Generation 737s this year, and retire its six oldest 737-200s, taking its fleet to 306 ...
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Little relief in taxing times
Jack Sellsby/LONDON Tax law changes have put paid to cheap deals Until the final quarter of last year, potential aircraft purchasers could take advantage of major rivalry in the aircraft finance markets between finance houses and banks in different jurisdictions offering airlines attractive tax-based finance structures. These made financing aircraft ...
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Airlines keep options open
Jack Sellsby/LONDON A wide choice of financial packages brings its own complications Ask an aircraft financier about the best way to pay for an airliner and there is never a simple answer - either in healthy economic times or poor. But airlines may have a surprisingly wide choice of finance ...
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Credit search
Jack Sellsby/LONDON Financing aircraft can be a nightmare for some airlines and a hazard for lenders Airlines spend billions of dollars on new aircraft deliveries each year, and manufacturers - aided by their ever-willing and export-minded governments - ensure comparable amounts of commercial jets are financed. Airlines with ...
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Phoenix Fanjet's future waits on court decision
Kate Sarsfield/LONDON Alberta Aerospace's (AAC) plan to certificate and deliver its single-engined Phoenix Fanjet by the end of the year has been thwarted by a legal battle over the rights to the aircraft, formally known as the Promavia Jet Squalus. Canada's AAC secured a licence agreement with Belgium's ...
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Portuguese flag carrier to join SAirGroup stable
TAP Air Portugal will become the latest European carrier to come under the partial ownership of SAir Group if plans for the Swiss company to acquire a 20% stake in the Portuguese state-owned flag-carrier are approved by the European Commission. SAir Group says it hopes to complete the purchase ...
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Ryanair introduces first 737-800 to expand European network
Ryanair has taken delivery of the first of 25 Boeing 737-800s ordered last year to expand its European network. Ryanair, which operates 21 Boeing 737-200s, including seven Stage 3 hushkitted machines, also has options for 20 737-800s. The airline 33 routes from London Stansted to Belgium, France, Ireland, Italy, Norway, ...
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Making a mark
Max Kingsley-Jones/DOHA Qatar Airways has restructured from a low-cost operator to a high-quality international carrier The Qatar government recognised that action was needed to ensure that its capital, Doha, was not isolated as the country's economy grew during the early 1990s. While the nation's shared flag carrier, Gulf ...
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Emirates' global vision
Max Kingsley-Jones/DUBAI Emirates had a handful of routes and aircraft when it began in 1985 - now it is a major force and is eyeing the A3XX The Past 14 years have been an exciting ride for Emirates. The airline has topped the growth tables for national carriers ...
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Emerging power
Max Kingsley-Jones/MUSCAT Oman Air is embarked on a programme of expansion and restructuring OMAN, on the Gulf's eastern side, rests in the shadows cast by the cosmopolitan regions to its west, such as Abu Dhabi, Bahrain and Dubai. The country has chosen not to follow its neighbours ...
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Deregulated Greek market spawns another start up
Max Kingsley-Jones/LONDON Julian Moxon/PARIS The launch of Greek scheduled carrier Axon Airlines is the latest in a string of developments in the country's air transport market, following the recent introduction of deregulation. The growing band of Greek independent carriers is taking advantage of last year's lapse of the ...
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Israeli skies are opened up
Israel has laid down the basis for a competitive airline industry. Not only has the Government granted international passenger rights to domestic carrier Israir, it has also licensed the Tel Aviv-based air transport company, Cargo Airlines (CAL), to compete fully with El Al on international freight routes. Against ...
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THY awaits election, privatisation
THY Turkish Airlines is awaiting the country's national elections on 18 April with bated breath, as its future privatisation and relationship with Qualiflyer partner Swissair hang in the balance. The hope is that a strong coalition government will emerge with the political backing to implement a package of ...
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Mexicans divided over Cintra
Mexican ministers have failed to agree on the future of Cintra, the holding company for Aeromexico and Mexicana. Unless they find a way to resolve their differences, the issue could be decided by Mexico's President Zedillo. The immediate question is what sanctions the competition commission can impose on Cintra ...
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Three's a crowd
The narrowbody engine market has heated up since International Aero Engines snatched the market lead from CFM International on the A320. And a third competitor, Pratt & Whitney, is set to make the chase even more intense. Report by Karen Walker. A large banner hangs over workers at the CFM56 ...
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PIA takes action on fleet renewal
It was a decision years in the making, but Pakistan International Airlines (PIA) has taken action over its fleet renewal. The long-troubled state-owned carrier has signed a letter of intent with Hong Kong's Cathay Pacific Airways to lease all six of its Boeing 747-300s, to replace ageing 747-200s. ...