Airframers – Page 1374
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News
Fairchild closes on stake sale
Paul Lewis/WASHINGTON DC Julian Moxon/PARISNew York investment house Clayton, Dubilier & Rice is close to acquiring a controlling stake in Fairchild Aerospace, which has been seeking a cash injection to underwrite continued development of the 728JET series and 428JET regional aircraft. Clayton, Dubilier & Rice will not confirm or deny ...
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Embraer goes head to head with 428JET
Embraer has launched another version of its rear-engined regional jet range, the 44-seat ERJ-140, squeezing the new offering between the 37-seat ERJ-135 and 50-seat ERJ-145. In a related move that reflects strong anticipated demand for the 40-seat regional jet category, Fairchild Aerospace has selected Israel Aircraft Industries (IAI) to ...
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Rockwell seeks $28 million damages from Hughes
Rockwell Collins has filed a lawsuit against Hughes Electronics for breach of contract over Rockwell's purchase of the former Hughes-Avicom International. The manufacturer is seeking damages of at least $28 million plus interest. Rockwell bought Hughes' in-flight entertainment division in late 1997 to form Rockwell Collins Passenger Systems. ...
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More Delta 737s
Delta Air Lines has confirmed orders for 18 more Boeing 737-800s as part of its plan to accelerate replacement of its Boeing 727-200s. The deal takes Delta's 737-800 orders to 126, of which nine have been delivered. Source: Flight International
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Labouring in Europe
TOM GILL LONDON Industrial relations appear to have improved and European workers are becoming more efficient. But will the changes be far-reaching enough to enable airlines to cope with cyclical downturn? The British Airline Pilots Association(BALPA) describes itself as "serene". The UK white-collar union MSF says it is ...
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New challenge to charter
European low-cost scheduled operators have begun to make small inroads into traditional charter markets. But, despite some aggressive noises, they have some way to go before posing a serious threat. Europe's low-cost carriers may continue to grab the headlines, but one sector remains resolutely unimpressed. The traditional charter airlines ...
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Olympic work just begun
LOIS JONES LONDON Olympic Airwarys appears to be making financial gains by attacking costs, but a major restructuring effort still faces the Greek carrier's new management team. The Greek Government tendered the management of Olympic to British Airways consulting subsidiary Speedwing, with a view to making it more ...
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Routes
Stockholm bound -Eurowings is starting a new scheduled service in October, using an ATR 42-500. The flight will be operated in conjunction with partner KLM. Emirates, will be codesharing with SriLankan Airlines code-sharing on three times weekly flights between Dubai and Stockholm, starting this November. BA heads to Hannover ...
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Iberia prepares to float
The delayed flotation of a 54% stake in Iberia will start in the last week of November, according to the Spanish flag-carrier's chief executive, Angel Mullor. The initial public offering (IPO) should raise Ptas300 billion ($2 billion) for Iberia's parent, the state-owned holding group Sepi. The sale marks the ...
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Routes
New Zealand agreement - New Zealand and Switzerland have signed an air services agreement allowing for scheduled services between the two countries. Air New Zealand has applied to operate to Switzerland and initial services are considered likely via a route-specific codeshare agreement with Swissair. The air services agreement allows any ...
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Delta pilots talk tough
KAREN WALKER WASHINGTON DC Delta Air Line pilots have thrown down the gauntlet to airline management and demanded formal negotiations in one of the most important US contract negotiations of the year. But a swift response by management has already led to a tentative agreement In addition to ...
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Boeing keeps control of outsourcing
DAVID KNIBB SEATTLE Boeing has emerged the winner in its recent negotiations with the International Association of Machinists over the issue of outsourcing. The union had demanded that Boeing give up its right to outsource or subcontract work, a growing concern among Boeing workers worried about job security. Their ...
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JetBlue wins Kennedy slots in low-fares battle
CAROLE SHIFRIN WASHINGTON DC JetBlue Airways has cleared a major hurdle in its attempt to start new low-fare services from New York after being granted key take-off and landing rights at J F Kennedy International Airport by the US Department of Transportation. The agency gave JetBlue a total of 75 ...
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Low-costs in fierce battle at Stansted
LOIS JONES LONDONc Cut-throat competition between low-cost players at London Stansted airport looks set to cause casualties with the launch of KLM uk's Buzz KLMuk is to set up a low-cost fares airline next year called Buzz at Stansted to compete with Go and Ryanair. The carrier, ...
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UK cargo carriers pin hopes on Europe
PETER CONWAY LONDON UK cargo airlines angry at a controversial government decision that grants new rights to US operators, hope to generate the consensus needed by the European Commission to negotiate broader cargo rights with the USA. In August, the UK Government granted fifth freedom rights out of ...
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Singapore Airlines joins call for US-UK open skies
LOIS JONES LONDON UK-USopen skies talks remain in gridlock, with no sign of progress this side of the Millennium. But more players are joining the queue to offer transatlantic services and increase pressure for an open skies agreement. Singapore Airlines is the latest airline to apply pressure on the ...
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Low-cost survivors
CAROLE SHIFRIN WASHINGTON DC After years of uncertain and even disastrous performances by new entrant carriers in the USA, some seem to be thriving and even beginning to report profits. Why did these start-ups survive where so many failed? Accepted wisdom in the USA is that the fate ...
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European carriers to get no relief
European carriers are still suffering from declining yields and it could be some time before there is any good news. The damage of the weak market conditions is finally showing through in Europe. Results for the last quarter and half year ending June put them hard and cold ...
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Key 717 deals close as Hawaiian takes 20
Guy Norris/LONG BEACH Boeing is closing on potential major 717 deals with British Airways and US low fare airline Vanguard, following the conclusion of a key deal from Hawaiian Airlines for up to 20 aircraft. "Three or four" orders for up to 50 aircraft are being finalised, says ...
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Marketplace
Lufthansa has ordered eight more Airbus A340-300s and three CFM International CFM56-powered A320s for delivery between 2001 and 2004. Options have been taken on a further six A340-300s. Swiss cargo carrier Farnair Europe has acquired three Fokker F27 Mk 500s from TAM Brazil. TACA has taken delivery of the first ...