News from FlightGlobal – Page 2317
-
News
Indian Airlines to order six ATR 42-500 turboprops
Indian Airlines is to order six ATR 42-500 turboprop airliners from the Franco-Italian ATR company. The deal also marks the start of a manufacturing cooperation between Hindustan Aeronautics (HAL) and the European aerospace concern. "Indian Airlines has not conveyed its decision to us, but its board has approved the ...
-
News
HAL and Airbus sign on A320 freighter
Hindustan Aeronautics and Airbus Industrie have signed a memorandum of understanding to study cargo versions of the A320 family. Initially, the study will explore the commercial and technical aspects of the project. Freighter, Quick Change and Convertible versions of the A319, 320 and 321 are under consideration. The aircraft ...
-
News
Garuda pushes to renegotiate 737 leases
Andrzej Jeziorski/SINGAPORE Garuda Indonesia is in talks with the US Export-Import Bank, Boeing and General Electric to renegotiate leases on six Boeing 737s. The airline says talks attended by airline president Abdul Gani and president commissioner Robby Djohan began on 11 December in Seattle, focusing on credit terms ...
-
News
AirOne results
Italian airline AirOne has reported a turnover increase of 40% for the first nine months of this year, to L226.7 billion ($135 million) compared with the same period last year. The carrier has also recorded an operating profit for the first time in its three years of operation. The L5.8 ...
-
News
Volvo expands
Volvo Aero has acquired a 66.6% holding in Norwegian engine repair and component manufacturer Norsk Jetmotor. The take-over of the Kongsberg-based company is still subject to Norwegian Government approval. Source: Flight International
-
News
Airports
-Augsburg Airport, near Munich, is to undergo a DM50 million ($31 million) upgrade. It will involve the introduction of a new passenger terminal, a runway extension to accommodate aircraft up to the size of the Airbus A319, and the installation of instrument landing systems at both ends. Work is due ...
-
News
Delayed maintenance blamed for Nigerian 707 engine loss
Herman De Wulf/BRUSSELS Delayed C-check maintenance on a Nigerian Boeing 707-320C freighter is being linked to the loss of its No 3 engine over Southern Belgium on 14 October. Belgian accident investigators say that the IAT Cargo aircraft, which made an emergency landing at Ostend, should have had ...
-
News
KLM reveals plans for cargo alliance
Max Kingsley-Jones/LONDON KLM has revealed a three-stage plan that will lead to the setting up of a standalone cargo airline early in the next decade in a joint venture with its alliance partners, Alitalia and Northwest Airlines. The plan is part of the recently finalised link between KLM ...
-
News
Marketplace
-Boullioun Aviation Services has ordered three Boeing 737-300s, to increase its orderbook with the manufacturer to 63. The -300s will be delivered in the second half of 1999. -Varig has leased a Boeing 737-700 from GE Capital Aviation Services. -French charter airline Euralair will take delivery of the first of ...
-
News
Oneworld infrastructure begins to take shape
Paul Lewis/WASHINGTON DC Airline efforts to establish working arrangements for the recently unveiled oneworld alliance are intensifying, with the first meeting of chief executives from the five founding members and the proposed creation of a new common ground-handling operation in Europe. The heads of American Airlines, British Airways, ...
-
News
PAL hunts for fresh funding as Northwest turns its back
Paul Lewis/WASHINGTON DC Philippine Airlines (PAL) is again involved in a desperate search for fresh financing, as Northwest Airlines shows little interest in coming to the rescue of the stricken national carrier after Cathay Pacific Airways pulled out of investment talks. Cathay has officially confirmed that it has ...
-
News
Pembroke breaks Boeing 717 drought with order for 10
Irish lessor Pembroke Capital has broken the Boeing 717 order drought with an order for 10 of the 100-seat twinjets, for delivery between March 2000 and May 2001. The contract, valued at about $320 million based on list prices, takes the 717's firm order backlog to 65 aircraft. Pembroke ...
-
News
PS-90A overtakes 6,000h milestone
The lead Aviadvigatel/ Perm Motors PS-90A turbofan passed the 6,000h on the wing mark at the end of November, on an Aeroflot Ilyushin Il-96-300 flying a regular scheduled flight. Aviadvigatel general director Yuri Reshetnikov says that the engine will shortly be removed and given a full stripdown examination, a ...
-
News
Routes
-Royal Brunei Airlines gives "the regional economic situation" as its reason for "temporarily" suspending scheduled services between Bandar Seri Begawan in Brunei and Osaka, Japan. -Northwest Airlines is to double its seasonal frequency between Tokyo, Japan and Anchorage, Alaska, by operating two weekly McDonnell Douglas DC-10 flights. -Royal Air Maroc ...
-
News
Swiss World seeks protection from bankruptcy
Swiss World Airways (SWA) suspended operations on 2 December after suffering consistently poor load factors on its single route between Geneva and New York Newark. The airline has informed the Swiss Federal Office for Civil Aviation (OFAC) that it is seeking Chapter 11-style bankruptcy protection through the courts and ...
-
News
Moscow court case brings end to Aeroflot/Transaero union
Alexander Velovich and Paul Duffy/MOSCOW The two-year-old alliance between Aeroflot Russian International Airlines and Transaero has ended, following a Moscow court ruling that Aeroflot must pay Transaero R3 million ($176,000) as a balance of mutual financial claims by the two airlines. In early September, Aeroflot officially informed Transaero ...
-
News
Belgium's City Bird announces first profits
Herman De Wulf/BRUSSELS Belgian long haul airline City Bird is diversifying into main-deck freight operations with a deal to acquire two new Airbus A300-600Fs for delivery in mid-1999. The expansion comes as the low-cost passenger carrier recorded its first net profit since starting operations on 27 March,1997. Last ...
-
News
Frontier share purchase makes Vanguard tie-up a possibility
The main shareholders of Kansas City-based Vanguard Airlines have taken an 8% shareholding in Denver-based Frontier Airlines and hinted about a possible combination of the two regional US airlines. The investors, headed by William Hambrecht, say that it is desirable for Frontier to explore various relationships with Vanguard or ...
-
News
'It's a sad ending', says Mesa as it settles all WestAir claims
Ramon Lopez/WASHINGTON DC Mesa Air Group has settled all claims by aircraft and equipment lessors against Mesa's defunct WestAir subsidiary for about $15 million. WestAir had operated United Express service for United Airlines until the partnership was dissolved on 31 May, making 43 leased aircraft idle. Jonathan Ornstein, ...
-
News
Government saves Air Namibia
Hilka Birns/CAPE TOWN The Namibian Government has injected N$20-million ($3.7 million) into Air Namibia and has appointed a Malaysian financier to restructure, and re-capitalise the troubled national carrier as a state-owned company. The move takes the airline out of the control of state holding company TransNamib, which has ...