All air transport news – Page 2346
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News
Multi-billion airliner market is forecast
Middle East and North African airlines will buy 702 aircraft worth around $45 billion in the next 20 years, the latest Airbus Industrie (AI) market forecast indicates. Most of the aircraft - 413 - will be needed to meet market growth, while a further 289 will replace models ...
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Battle continues in bid to win UAE fighter contract
Tim Ripley Fighter manufacturers from America, Britain and France are still locked in a multi-billion dollar dogfight to win an order for 80 strike aircraft from the United Arab Emirates Air Force. The contest, valued at $6-8 billion, has been going on for almost three years ...
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Rolls-Royce for VW?
German newspapers are reporting that a Volkswagen bid for Rolls-Royce cars has been accepted by Vickers, the manufacturer's owner. Vickers officials have denied that any deal is complete and say that negotiations could take months rather than days. Source: Flight Daily News
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Wall Street recovery
Stocks powered ahead Friday as Wall Street celebrated the good news that wholesale inflation in the United Stateshas stayed almost the same in the last month. The Dow Jones industrial average gained 84.72 points, at 7,572.48. For the week, it fell 8.84 points. In the broader market, advances led by ...
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SIA flies to Star position
Singapore Airlines (SIA) is to sign a memorandum of understanding (MoU) on bilateral co-operation shortly with Lufthansa, as an initial step to becoming a full member of the rapidly expanding Star Alliance. According to industry sources, the two airlines could sign an MoU on 24 November, although this could ...
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Burbank plans 707 winglet tests
Burbank Aeronautical (BAC) plans to begin flight tests in March 1998 of a Boeing 707-300 with winglets which are expected to reduce fuel consumption by as much as 7%. California-based BAC says that plans for the winglet modification have attracted "a lot of interest" from commercial, corporate and ...
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Alliance spreads into Central Africa
Alliance Express, the regional arm of East African multi-national carrier Alliance Air, has taken over the operations of Government-owned Air Rwanda. Meanwhile, completion of the planned merger of Alliance with the two national airlines of its shareholders, Uganda and Tanzania, is now looking unlikely. Alliance Express ...
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China Northwest takes first single-aisle
The first of ten Airbus A320s for China Northwest Airlines was handed over to the airline in Toulouse on 6 November. The airline's A320 fleet will be powered by CFM International CFM56-5B4s, and configured to seat 158 passengers in a two-class layout. China Northwest Airlines, which is based in Xian, ...
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Fiji International is prepared for January launch
Start-up carrier Fiji International Airways has reached agreement with London Stansted Airport to begin scheduled flights from Nadi, in Fiji, Mumbai, in India, and Singapore from early January 1998. The airline will operate Boeing 747-300s. The carrier originally intended to launch services to Manchester in the UK, but ...
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All clear for Fine Air
The US Federal Aviation Administration has authorised Fine Air to resume flying. The US cargo carrier expects to restart operations to Latin America within the next several weeks. Fine Air was grounded after the fatal crash in August of one of its McDonnell Douglas DC-8-61 freighters during take-off ...
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Gemini buys LTU MD-11s
Gemini Air Cargo is to purchase LTU's four Boeing MD-11s for conversion to freighters, to operate alongside its growing fleet of McDonnell Douglas DC-10-30s. The US-based all-cargo supplemental carrier has signed a letter of intent to purchase the four aircraft from LTU, with deliveries beginning at the end ...
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Boeing decides Douglas production fate
Boeing is to close down the former McDonnell Douglas (MDC) MD-80 and MD-90 production lines, but has delayed its verdict on the long-term fate of the MD-95 until January 1998. It is to keep the MD-11 line open. While the closure of the twin lines was expected, the ...
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Marketplace
++ Pan American World Airways has agreed to lease three Boeing 737-300s from Alaska Air to supplement the Boeing 727-200s acquired through its merger with Carnival Airlines. The aircraft will be delivered in late 1997 and early 1998. ++ Western Pacific Airlines, now operating under Chapter 11 bankruptcy protection, has ...
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Qantas asks Boeing to produce three long-range 747-400IGWs
Qantas has asked Boeing to build and certify its three newly ordered 747-400s to an increased-gross-weight (IGW) specification, to allow the Australian carrier to overcome payload-range restrictions to Europe and the USA. It is pressing the Seattle-based manufacturer to commit to a -400 growth derivative, with a maximum ...
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Routes
++ Qantas plans to codeshare on Reno Air services, connecting with its flights from Los Angeles to Sydney, Melbourne and Auckland, starting in January 1998. Qantas says that the deal will improve links between Los Angeles and San Francisco. ++ Pan American World Airways has filed for approval to codeshare ...
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US Airways focuses on US2 and orders Airbuses
US Airways has finalised its contract with Airbus Industrie to acquire up to 400 aircraft following the successful negotiation with the US Air Line Pilots Association of a new five-year contract which goes into effect on 1 January. The airline is now turning its attention to contract negotiations with other ...
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Virgin arrives at Heathrow short of wheels
A Virgin Atlantic Airbus A340-300 (G-VSKY) with 114 passengers and crew on board makes a gear-inspection fly-past at London Heathrow Airport in the UK on 5 November, before landing safely with the left main gear still locked up. No-one was hurt in the landing, which closed one of Heathrow's two ...
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Rockwell-Collins buys Hughes-Avicom
Rockwell is to acquire inflight-entertainment (IFE) supplier Hughes-Avicom International, which will become part of the Collins avionics business. Hughes-Avicom is number two in the IFE industry behind Japan's Matsushita, with 23% of the market and projected 1997 sales of $120 million, as well as a $150 million backlog. ...
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Lockheed Martin sells units to GE
Lockheed Martin is selling General Electric three business units for $2.8 billion. The deal will see the activities exchanged for 29 million shares of preferred stock which GE acquired when it sold its aerospace unit to Lockheed Martin in 1993, plus a small cash payment by the latter to equalise ...
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US airlines continue to surge
The major US airlines again surprised the markets with another record round of profits for the third quarter, including encouraging result from troubled Trans World Airlines, which now promises it has enough cash to carry it through the winter season. There had been speculation that the unprecedented run ...