All air transport news – Page 2309
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News
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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GE acquisition
GE Engine Services - Corporate Aviation, which owns fixed-base operator Garrett Aviation Services, has acquired avionics service specialist Electro-Sonics, which has centres in Columbus Ohio, and McKinney, Texas. Source: Flight International
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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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Yellowgate
Racal has won a £5 million ($8 million)contract to upgrade the Yellowgate ESM system fitted to the RAF's Boeing E-3D Sentry AEW aircraft. The work will enhance the threat warning and surveillance capability of the system. Source: Flight International
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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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Rolls-Royce award
Rolls-Royce has been awarded a £12 million ($19.3 million) grant towards its Advanced Low Pressure Systems/Advanced Civil Core Demonstrator project under the UK Government's Civil Aircraft Research and Technology Demonstration programme. The project will enable the evaluation of new designs in terms of whole-engine performance. Source: Flight International
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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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THY 737 Crashes
A THY Turkish Airlines Boeing 737-400 (TC-JEP) crashed on 7 April without an emergency call from the pilots, within 9min of take-off from Adana, southern Turkey. The two pilots and four cabin crew on board were killed. The aircraft was on a night positioning flight to Jeddah, Saudi Arabia, to ...
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United polar route launch awaits Russian go-ahead
Paul Lewis/WASHINGTON DC United Airlines hopes to be the first international carrier to launch a non-stop scheduled commercial service between New Delhi and Chicago, via central Russia and the Polar region. The service will start from late October, provided that Moscow gives it the go-ahead. The North American carrier ...
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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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Mergers
Boeing is planning to sell its Information Services subsidiary, a provider of information and systems integration services to the US Government. The Seattle giant says it expects to announce a buyer for the Virginia-based business later this quarter. Sweden's Saab group is to acquire Nyge Aero, a military and commercial ...
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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 ...