News from FlightGlobal – Page 2413
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News
Marketplace
++ Crossair will introduce three ex-Aero Lloyd Boeing MD-83s in 1998; two are on lease from GE Capital Aviation Services and one from Chase Manhattan Bank. ++ America West will take three International Aero Engines V2500-powered A320s on lease from Singapore Aircraft Leasing Enterprise, between late 1998 and early 1999. ...
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Routes
++ Air France and Crossair have signed a commercial agreement for flights between Paris and Basle/Mulhouse, Berne and Lugano. The deal covers codesharing and reciprocal-seating arrangements under which Crossair, which has withdrawn from the Basle-Paris route, will buy seats on four of the five daily Air France services. In return, ...
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SAA to finalise Boeing 777 order by year-end
South African Airways (SAA) is expected to finalise its fleet-renewal plans by the end of November, and the long-awaited announcement of the engine selection for its Boeing 777s could follow by mid-December. A task force set up to study the airline's strategy for its fleet restructuring is, according ...
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Crossair negotiates for Saab 2000s
Crossair is in the final stages of negotiations to acquire six Saab 2000 turboprops from Saab Aircraft. The Swiss airline is the biggest operator of the 50-seat high-speed turboprop, with 25 in service, and is also looking at options for a further two aircraft. Saab Aircraft president Gert ...
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Unions withdraw opposition to Airbus A319 order at Sabena
An offer by Swissair to contract maintenance to Sabena Technics, should the Belgian airline order Airbus narrowbodies rather than Boeing 737-700s, seems to have dampened unions' opposition to a decision in favour of the European consortium. A presentation of the Airbus A319 was made to Sabena and union ...
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Saudis negotiate loans to clear Boeing delivery jam
Guy Norris/LOS ANGELES Saudi Arabian Airlines is negotiating a Government-guaranteed loan of $4.33 billion to remove the financial problems which have delayed delivery of an initial batch of aircraft in an order for 61 Boeings, the first of which was ready in August. The $7.5 billion ...
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Sirocco Tu-204 has successful first flight
The first Tupolev Tu-204 freighter destined for Sirocco Aerospace International has flown, as preparations are made to fly the first Tu-204-300. The company's Rolls-Royce RB.211-535E4-powered Tu-204-120C had its 2h maiden flight on 10 November from Ulyanov East Airport, where manufacturer Aviastar is based. Tupolev Tu-204 programme ...
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Mesa Air orders more Canadair
The Mesa Air Group has ordered another 16 Bombardier Canadair Regional Jets (CRJ) after signing a new marketing deal which will allow the regional carrier to operate the 50-seat aircraft as part of its US Airways Express operations. The latest $350 million deal follows Mesa's order for 16 ...
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Ryanair leads in mixed low-cost results
Kevin O'Toole/LONDON A mixed set of financial results from Debonair, Ryanair and Virgin Express - their first since seeking stock-market listings earlier this year - has left analysts looking for signs of a shake-out in Europe's low-cost airline market. Veteran low-cost challenger Ryanair posted a robust ...
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Heico looks for cash to fund acquisitions
Heico plans to raise $75 million through a bond offering, in part to help fund the group's rolling programme of acquisitions in the engine and airframe service market. At the end of October, the group's latest deal involved an alliance between its main Flight Support engine services unit ...
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Ambitious SALE adds two new partners
Following an injection of new capital, Singapore Aircraft Leasing Enterprise (SALE) claims that it is on course to take its place among the world's three largest leasors by the year 2000, building a portfolio of 100 aircraft with its US joint owner, Boullioun Aviation Services. The claim follows ...
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Schwarzenegger muscles in on SIA aircraft-sale plans-
Paul Lewis/SINGAPORE US film star Arnold Schwarzenegger has invested in the sale and leaseback of a Singapore Airlines (SIA) Boeing 747-400, worth $130 million, in what is being seen as part of a wider move by the carrier to lessen its exposure on aircraft ownership. SIA ...
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Ride the tiger
In the words of Douglas Adams' Hitch-hikers' Guide to the Galaxy, "Don't panic!" - well, not yet, anyway. Similarly, however, don't relax. The recent turmoil in Asian stock and currency markets is going to have a profound effect on the air-transport business and its suppliers. Those forecasters, whose confident predictions ...
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FedEx opens talks in hunt for Fokker F27 successor
Ramon Lopez/WASHINGTON DC FedEx is talking to Saab Aircraft, Israel Aircraft Industries (IAI) and Ayres about developing a turboprop-powered, all-cargo aircraft to replace its fleet of 36 Fokker F27 freighters, says chairman Frederick Smith. IAI and FedEx are known to be discussing the development of a ...
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UK helps R-R pay for new
The UK government is to provide Rolls-Royce with £200 million ($330 million) of funding over four years to enable the UK manufacturer to launch three variants of its Trent turbofan. R-R says that the Government will receive a commercial return which is based on sales of the three engine derivatives. ...
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Swissair and Lufthansa pick new A340 models
Andrzej Jeziorski/MUNICH Max Kingsley-Jones/LONDON Airbus Industrie is set to secure more key launch orders from European airlines for its new A340-500/600 following decisions by Swissair and Lufthansa to select the new models to replace their 747 "Classics". Firm orders are expected to be signed with Airbus ...
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Avjet on tap
The ambitious 57km jet fuel pipeline project which will link Dubai International Airport to Jebel Ali Free Zone will be ready to pump fuel by the end of November. Owner and operator Emirates Petroleum Products Company (EPPCO) says pressure testing with water is under way. The designers ...
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Far Eastern confirms 757/MD-83 orders
Taiwan's Far Eastern Air Transport has formally confirmed plans to purchase up to 10 Boeing 757-200s and two Boeing MD-83s. The Taipei-based airline says in a statement issued through Boeing that the aircraft will be used on new international services including those to China once a ban on direct ...
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No flying school
South Korea has issued a notice to airmen (NOTAM) that all flights to and from the country will be suspended for one hour on Wednesday while nation-wide school exams are being held. Source: Flight Daily News
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DSA for Egypt
Data Systems Analysts (DSA) has announced two new contracts totalling $4 million from the Egyptian Civil Aviation Authority (ECAA). The contract to deliver and install a local area network (LAN) for the Flight Safety Standards Sector is worth $2.7 million. The system will be housed in ...