Programmes – Page 1105
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Transaero cuts loss and aims for profit
Russian carrier Transaero made a loss of Rb355 million last year ($16.7 million at end-of-year exchange rates), down from Rb374 million in 1997. The Moscow Sheremetyevo Airport-based carrier - Russia's third largest - has reported turnover of Rb1.9 billion for last year, compared with Rb1.7 billion in the previous 12 ...
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SAS outlines fleet-wide renewal plans
Max Kingsley-Jones/STOCKHOLMAirbus Industrie remains favourite to win an order from SAS for its new long-haul fleet, as the carrier evaluates a new larger aircraft type for its European trunk routes. Flight International revealed in January that SAS had chosen Airbus Industrie's package of up to 15 A330-300s and A340-300s over ...
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Varig considers drastic cuts
Paul Lewis/RIO DE JANEIRO Varig wants to make more cuts in the size of its fleet. The Brazilian flag carrier has opened talks with leasing companies to reschedule payments after a two-month suspension, as it continues to battle the fallout from the country's economic crisis. The airline has ...
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Bombardier profits rocket but may mask regional venture risk
Brian Dunn/MONTREAL Chris Jasper/LONDON Bombardier's aerospace division is on a high, with revenues for last year rising by 32%, to C$6.44 billion ($4.29 billion), and pre-tax profits leaping by 42% to C$682 million. The Canadian manufacturer forecasts similar growth trends during the current year. Despite this and an order backlog ...
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Westwind brings training order to New Piper
New Piper Aircraft has signed a $3.3 million deal with Arizona-based Westwind Aviation Academy to supply 19 aircraft for use in its ab initio pilot training programme. Based at Phoenix Deer Valley Airport, Westwind will begin taking delivery of the aircraft in July, to replace Cessna 172s and 172RGs. ...
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Commercial division boosts Boeing profit
An improved contribution from Boeing's commercial aircraft business helped boost the company's first quarter operating earnings to $739 million, against $119 million for the same period last year. Commercial Airplanes contributed $382 million, compared with $23 million during last year's production problems. Although suggesting Boeing has turned the corner, ...
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Crossair chooses ERJ-145 regional jet to replace Saab turboprops
Andrew Doyle/BASLE Crossair has selected the Embraer RJ-145 regional jet to replace its Saab 340 turboprops. It aims to complete negotiations with the Brazilian manufacturer in time for a deal to be announced at the Paris air show in June. The Swiss regional stresses that a final decision ...
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F-22 test
Flight testing of the Lockheed Martin/Boeing F-22 Raptor fighter aircraft has resumed with the flight on 8 April of the second development aircraft following three months of modifications and ground testing. The aircraft has been retrofitted with new brakes, fuel pumps and probes, and horizontal tail actuators, and fitted with ...
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Military revenues
American Trans Air (ATA) anticipates a 60% increase in military revenues to around $200 million in fiscal year 2000 as a result of its acquisition of Lockheed L-1011-500 TriStars from Royal Jordanian Airlines. The five aircraft will enhance ATA's ability to provide US Air Mobility Command passenger airlift services. Source: ...
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Airbus readies for A318 launch
Paul Lewis/WASHINGTON DCAirbus Industrie is on the verge of finally launching the A318 twinjet. At the same time the European consortium has signed Egyptair as a launch customer while engine supplier Pratt & Whitney is pursuing a trade-in deal with Air China to exchange old Boeing 747s for A318 orders. ...
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China-US agreement
China and the USA were poised to sign a new air services agreement, doubling flights between the two countries, as Flight International closed for press. The deal will see the 27 weekly flights available to each country rise to 54 by April 2001, when both will also add a fourth ...
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Continental and Boeing perform Y2K flights
Continental Airlines has staged the first flight in a simulated year 2000 (Y2K) environment to test aircraft communication addressing and reporting system (ACARS) compatibility. Boeing, meanwhile, is close to concluding its own flight testing of Y2K modified flight management systems (FMS) and inertial navigation systems (INS). The Continental ...
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Sweden's Novair plans long haul fleet revamp
Swedish charter airline Novair is phasing out its fleet of Lockheed L-1011 TriStar 500s, as it prepares to update its long haul fleet with Boeing 767 twinjets. The wholly owned subsidiary of Apollo, Scandinavia's third largest tour operator, has appointed UK remarketing agent Cabot Aviation to find buyers for ...
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Marketplace
Further to last week's report, the three Airbus A320s being acquired by Airtours International German associate Fly FTI are being leased from Japanese Lessor Orix. The Munich-based charter airline is also leasing a Boeing 737. Fortis Aviation has placed two 11-year-old ex-Philippine Airlines Shorts 360-300s on two-year leases with German ...
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Routes
Aeroflot Russian International Airlines will introduce a new route from Yerevan, Armenia, to Los Angeles via Moscow this summer under the recently signed co-operation agreement with Armenian Airlines. Aeroflot is expanding its short-haul network, with new direct flights from Moscow to Yuzhno-Sakhalinsk and Krasnoyarsk. At the same time, the airline ...
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Boeing pledges to enforce get tough policy on loss-makers
Peter La Franchi/SYDNEY Chris Jasper/LONDON Boeing chief executive Phil Condit has warned that 'value-destroying' programmes identified as lost causes will either be "shut down" or sold off. Confirming Boeing's commitment to a zero-tolerance approach to loss-making operations, introduced by new chief financial officer (CFO) Debby Hopkins, Condit says ...
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Airtruck threatened by order drought
Israel Aircraft Industries (IAI) is struggling to launch its planned Airtruck cargo turboprop project, having failed to secure any firm orders for the aircraft. IAI developed the Airtruck to a FedEx requirement for a new turboprop cargo aircraft to replace its Fokker F27 turboprop freighters (Flight International, 20-27 August, ...
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Protests swell over 'too high' Hong Kong Airport landing fees
Andrzej Jeziorski/SINGAPORE British Airways and DHL have added their voices to a rising chorus of disapproval over landing charges at the new Hong Kong International Airport at Chek Lap Kok. According to Hong Kong-based Cathay Pacific Airways, the 60-plus airlines which operate into Chek Lap Kok are lobbying ...
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BWA is to begin fleet renewal with 737-300 operating lease
Max Kingsley-Jones/LONDONBritish World Airlines expects to begin replacing its BAC One-Elevens later this year, as it moves to standardise on a two-type fleet of Boeing 737-300s and British Aerospace ATPs (above). The UK independent airline plans to introduce its first 737-300, a second-hand aircraft on operating lease, by the middle ...
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Sting in the tail
After years of economic woes, at least one of Brazil's airlines could disappear by the end of the year. For the survivors, however, long term prospects look brighter Brian Homewood/RIO DE JANEIROBrazilian airlines have survived major financial troubles over the past 15 years, but officials and analysts fear that ...