All Airframers articles – Page 1615
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Atlas lease
Atlas Air is to lease a Boeing 747-200 freighter to Thai Airways - the carrier's first - under a $76 million, three-year contract which holds a one-year option. Thai Airways has the option to lease two other aircraft from Atlas Air in two years' time. The deal, with all options, ...
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BAe looks to cash in on jets
Kevin O'Toole/LONDON BRITISH AEROSPACE'S jet-aircraft leasing arm has announced the sale of another three ex-Swissair Fokker 100s, and says that it plans to take advantage of the market upturn to begin selling down more of its fleet of BAe 146 regional jets. BAe Asset Management-Jets ...
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Bouillioun order
Boullioun Aviation Services has concluded a $350 million contract with Boeing for eight Boeing 737-300s, which marks the first new order placed by the lessor. It is understood that some of the orders could be delivered as the -400 variant. The Seattle, USA-based leasing company, a division of Sumimoto Trust ...
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UK charter operator Excalibur finally folds
UK CHARTER OPERATOR Excalibur Airways, pilloried in the UK media for two weeks over a series of embarrassing delays, went into liquidation on 26 June. The decision is blamed partly on the "sensationalised media coverage", which followed a scare among passengers over technical problems on a leased McDonnell ...
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Cycles in the sky
The aviation-industry recovery is in full swing, but economists are even now forecasting when the next downturn will occur Kevin O'Toole/LONDON IN GERMANY THEY CALL it the pig cycle. When pork prices rise, farmers pile into the market to cash in on the boom, only to find ...
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Western Pacific nears decisions on orders
Max Kingsley-Jones/LONDON WESTERN PACIFIC is about to finalise plans for the acquisition of new aircraft, with orders anticipated for a 30- to 40-seat aircraft for its new commuter-airline division, and orders for Boeing 737-300s and -700s expected for its main fleet. The Colorado Springs, USA-based ...
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Eurowings turns first profit
Andrzej Jeziorski/NUREMBERG GERMAN AIRLINE Eurowings, buoyed by strong growth in Europe's regional market, has announced its first profit since its formation from the merger of NFD Luftverkehrs and Regionalflug in 1993. The airline reports a net profit of DM2 million ($1.3 million), reversing a loss ...
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Soyuz facelift
Russia's space booster, the Soyuz, is receiving new engines and avionics. Tim Furniss/LONDON RUSSIA'S CENTRAL Specialised Design Bureau in Samara has formed a partnership with France's Aerospatiale and the European launcher organisation Arianespace to attempt to market the Russian Soyuz booster for launches into low-Earth ...
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Virgin service
Euro Belgian Airlines is to start a service linking Rome and Madrid on 2 September, marking the company's first market outside its Brussels hub. The low-fare service will be operated with a new Boeing 737-300, due to be delivered in August, when the company will be formally relaunched as Virgin ...
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Spanish wings
Gamesa Aeronautica of Spain has signed a contract with Sino-Swearingen Aircraft to build the wing for the SJ-30 business jet. The initial contract is valid for ten years, and has a value of Ptas 50,000 million ($400 million). The work will be undertaken at the company's Vitoria-Gasteiz plant, where Gamesa ...
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Aircraft news
UK charter carrier Leisure International Airways has ordered four Airbus A321-200s with deliveries scheduled to start in the first quarter of 1997. Comair has increased orders for Canadair Regional Jets from 45 to 50. The Delta Connection carrier also secured five more options for a total of 25. ...
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New Airbus at a stretch
Airbus Industrie and its four owners are preparing for long and complex negotiations about restructuring the partnership. In a report due in July, the four-man committee headed by former Daimler Benz chairman Edzard Reuter will discuss the options, now that the French, German, UK and Spanish governments have agreed in ...
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Airline news
Air France Cargo was set to launch a weekly Boeing 747 cargo service from Paris/Charles de Gaulle to Helsinki at the end of May. American Airlines Cargo is to introduce a 4.3 per cent fuel surcharge on its US domestic cargo and priority parcel service charges in July. ...
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ANA juggles with slots
When Japan's All Nippon Airways launched daily flights from Osaka's newly opened Kansai airport to Seoul, South Korea in September 1994, the move was far more strategic than commercial. ANA already flew to the Korean capital from Tokyo/Narita and decided to switch its services to Osaka due to ...
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Baltic bandwagon
The three Baltic states have had independence for only five years but the countries' airlines are already jumping on the privatisation bandwagon. Mark Blacklock reports from Latvia and Estonia.Latvia's two main carriers may have shut down less than a year ago, but a passenger studying the departure board at Riga ...
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US ticket tax battle peaks
Several US airlines have been in the odd position of lobbying for the reimposition of a 10 per cent ticket tax, which has not been in effect since the beginning of the year and whose absence was credited for helping spur record carrier profits during the traditionally slow winter period. ...
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China boost for Japanese
Japan's major airlines have won clearance to use a new air corridor to Beijing which will save them millions of dollars annually in operating costs and could give them a significant competitive advantage over US rivals. Flight times from Japan to the Chinese capital will be slashed by ...
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Breaking the monopoly
Several startup carriers are attacking Philippine Airlines' former domestic monopoly and have international ambitions. Tom Ballantyne reports.Considering the skies over the Philippines were a stage monopolised by Philippine Airlines as recently as 18 months ago, the nation has since witnessed one of the Asia-Pacific region's most remarkable commercial aviation explosions. ...
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Likud victory fires doubts
The Likud election victory in Israel will have profound implications for both El Al's future and plans for Palestine's fledgling air transport sector. Somewhat surprisingly, El Al changed course in its search for capital before the general election at the end of May. The new policy aims to ...
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Financial results
Air-India moved to a loss despite sales growth of almost 10%. The carrier blamed competition and interest charges and depreciation on its B747-400s. British Midland's pretax profit fell 7% to £4.1m (US$6.4m) but the Manx and Loganair regional airlines moved from a £5.1m loss to a £1.3m profit. ...