Fleets – Page 973
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Continental ERJ-135 order leads regional move to 30-seat jets
Ramon Lopez and Guy Norris/WASHINGTON DC Continental Express is set to be the first major US regional airline to switch to an all-jet fleet, with the confirmation of its move into the 30-seat market with a contract for up to 75 Embraer RJ-135s. The deal includes a $315 million firm ...
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SIA A340-500 deal forces Boeing to review 777-X
Paul Lewis/SINGAPORE Boeing is again reviewing the future direction of its proposed 777-200X/300X derivative programme, following Singapore Airline's (SIA) decision to order the competing Airbus Industrie A340-500 ultra long haul aircraft. The loss of the Singapore campaign to the European consortium represents a major setback for the Seattle ...
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TNT prepares for large fleet of dedicated A300 freighters
Max Kingsley-Jones/PARIS TNT Express Worldwide will introduce the first dedicated widebody freighter on to its European network later this year, marking the start of a plan to acquire a large fleet of Airbus A300B4 freighters to feed its new European hub in Liege, Belgium. The Amsterdam-based express parcels carrier has ...
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Survival of the fastest ?
Ramon Lopez/WASHINGTON DC Airline industry analysts are "unabashedly bullish" over the future of regional jet aircraft, which are expected to produce fundamental changes in the airline business over the next five years. Merrill Lynch's Byron Callan says that 32- to 70-seat regional jets comprise "the most rapidly growing market segment" ...
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Continental vindication
Graham Warwick/WASHINGTON DC Continental Express' order for 25 firm plus 50 option 37-seat ERJ-135s validates Embraer's decision to derive a family of regional jets following the successful introduction of the 50-seat ERJ-145. The Brazilian manufacturer hopes that other airlines will be attracted by the "substantial" savings in training, maintenance and ...
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Gemini in talks with Boeing for MD-11s
Gemini Air Cargo is talking to Boeing about a potential deal to acquire new MD-11 freighters, but is also examining possible secondhand aircraft acquisitions as it awaits a decision from the manufacturer on the tri-jet's production future. The Washington Dulles-based supplemental cargo carrier, which has just introduced its eighth ...
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Brazilian work-out
Max Kingsley-Jones/ISLE OF MAN Julian Moxon/NANTES Guy Norris/LOS ANGELES Embraer spent a long time bringing its 50-seat RJ-145 to the marketplace. It was almost a full eight years from the original EMB-145 programme launch in June 1989 to service entry with launch customer Continental Express in April 1997, with the ...
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US Airways settles
US Airways and Boeing have settled a legal dispute involving the airline's 1996 cancellation of an order for eight Boeing 757s and 40 737s. US Airways admitted a breach of contract and made an undisclosed settlement to Boeing. Meanwhile, the airline is considering purchase of an undisclosed number of longhaul ...
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British Regional gets ready for June flotation
British Regional Airlines (BRAL) is gearing up for a stock market listing by the end of June, in a move which managing director Terry Liddiard says will help it make a final break from its former sister airline British Midland as it develops its role as the largest British Airways ...
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Marketplace
-International Aero Engines (IAE) has confirmed that it has won a $2.3 billion engine order from TACA, LanChile and TAM Brazil to power the 88 aircraft under firm order and 87 on option for the Airbus A320 family. TACA has orders and options for 60 aircraft, LanChile for 40 and ...
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Low fare battle brews between ANZ and Qantas
Paul Phelan/CAIRNS Air New Zealand (ANZ) and Qantas are preparing their positions for a major battle to secure market share on high frequency, low cost trans-Tasman services. The two carriers are also shoring up their competing services through to Europe. The Qantas strategy of gradually lifting frequency to ...
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Czech Government allows Ayres to have Let
US agricultural and cargo aircraft builder Ayres is set to purchase Czech manufacturer Let Kunovice after agreeing terms with the Government in Prague. A deal is due to be signed by the end of May. Ayres is expected to take a 93% stake in the Aero Holdings-owned company. Fred Ayres, ...
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Airbus tilts at South African Airways' 777 order
Continuing uncertainty over the status of South African Airways' (SAA) order for four Boeing 777-200s is providing Airbus Industrie with an ongoing opportunity to pitch the new A340-500 and -600 to the South African flag carrier. Airbus senior commercial vice-president John Leahy took the opportunity of the show to make ...
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Regional Airlines Survey
Rank Airline Pass 000 Emp Revenue US$ 000 Net Result US$ 000 Year end Regional fleet details (In service + On order + On option) Significant shareholders Alliances Rank 1 American Eagle ...
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DOT puts the clock back
A US Department of Transportation inspector has called for a standard definition of 'arrival' as on-time arrival becomes the latest hotly-contested issue among US majors. The call for a clearer policy came as some majors accused other airlines - most notably Southwest Airlines - of fudging the manually collected ...
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JAL takes big write-down
Japan Airlines has turned the year of the tiger into the year of cleaning up its balance sheet. JAL ended its financial year with a massive write-off which aims to speed its return to profits. Without the write-off of US$1.2 billion on 31 March, JAL would have reported a ...
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Continental leads CRS bypass move
The continuing battle between airlines and computerised reservations systems over rising costs took an unexpected twist in late March when Continental Airlines forced Galileo International to rescind a new fee it planned to impose on electronic tickets. Continental also announced that it planned to cut its distribution costs further by ...
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Shooting stars
The world's regional airlines grew strongly in 1997, and this sector remained the most profitable. Survey compiled by Tim Welch of Air Transport Intelligence and Richard Whitaker. The regional airline industry continues to be the healthiest sector in the business, judging by the results of this year's Airline Business Regional ...
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Suffering from exposure
As the Asian crisis bites deeper, the potential impact on the values of widebody aircraft in particular is only just beginning to become apparent to investors. Report by Angus Williamson. The financial and economic crisis affecting several of the East Asian 'tiger' economies has so far produced muted repercussions ...
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Airbus lowers A3XX numbers
Max Kingsley-Jones/LONDON Airbus Industrie's latest long range market forecast has maintained a bullish outlook for jet airliner demand over the next 20 years, despite the present Asian economic crisis, but its analysis has shifted towards greater demand for smaller aircraft compared to 1997 predictions, and reduced the size of ...