All air transport news – Page 2503
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R-R considers scaled-down Trent 800 for new Boeings
Rolls-Royce is considering development of another scaled-down version the Trent 800 engine to power the recently launched stretched Boeing 767-400 and the proposed "simple stretch" 747-400 increased gross weight (IGW) aircraft. "We've the core opportunity to do a new engine for that in a timescale that will satisfy ...
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Tupolev confirms Iranian production talks
Tupolev is holding talks with Iranian officials over manufacturing its Tu-204 and Tu-334 twinjets in Iran, according to sources within the Russian aircraft-design bureau. According to Tupolev, however, suggestions by some Iranian officials that talks have been successfully concluded are premature. They say that negotiations are still in ...
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US Airways cuts out loss-making routes
US AIRWAYS is eliminating unprofitable routes and grounding 22 aircraft in what could be the first step towards shrinking the nation's sixth-largest airline to a regional carrier. Stephen Wolf, the airline's chairman, has also warned that unless he has concessions from labour unions before 30 September, he will ...
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China Eastern beats its 1996 profits forecast
China Eastern Airlines managed to post better-than-forecast profits for 1996, providing some good news in the wake of its February listing on the Hong Kong and New York stock exchanges. In its prospectus for the flotation (the first by a Chinese carrier), China Eastern had warned that declining ...
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City Bird boss hunts for new investors
Belgian entrepreneur Victor Hasson is seeking new investors for the recently launched City Bird long-haul airline, to reduce the controlling 58%share held by his City Hotels group. Hasson launched the City Bird concept in 1996, after selling control of EuroBelgian Airlines (EBA), the low-fare European carrier now operating ...
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P&W to buy Howmet aerofoil repair plants
Pratt &Whitney has made a further move to build up its engine-maintenance business by agreeing to buy Howmet's aerofoil-refurbishment plants. The deal is expected to be complete within two months, and the Howmet plants will be integrated into P&W's Eagle Services unit. P&W aims to grow its repair ...
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Malev boosts share sale
The Hungarian Government is to sell off another 39%of Malev as the privatisation of the flag carrier goes into its second phase. Alitalia, which acquired 30%of Malev in the initial privatisation four years ago, may also have to sell its stake. The sale to Alitalia, and of another ...
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Brazil and Canada battle over aircraft support
A trade dispute is building up between Brazil and Canada over the level of state support going to their rival regional-jet manufacturers, Embraer and Bombardier. The dispute began in June 1996 with allegations from Canada that sales finance being provided by Brazil's PROEXexport agency for the Embraer EMB-145 ...
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Battle plans
IT SEEMS TO BE SHAPING UP into a battle of master-plans - and therefore one of cultures. On the one hand, there is the master- plan of the supra-national European commercial culture; on the other there is the master-plan of the super- national integrated French culture. The battle is for ...
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P&W advances work on JSF turbine
PRATT&WHITNEYplans to run an advanced turbine for its Joint Strike Fighter (JSF) engine by the end of this month. The turbine, incorporating the company's Superblade/Supervane advanced cooling, will allow higher temperatures to increase thrust for the short-take-off/vertical-landing (STOVL)JSF, and will be tested in its CEASAR research engine. JSF ...
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US Government resists Thai bid to buy Popeye
The Royal Thai Air Force (RTAF) wants to purchase the Lockheed Martin/Rafael AGM-142 Popeye air-to-surface missile (ASM) for its Lockheed Martin F-16A/B and McDonnell Douglas F/18C/D fighters, but it is facing resistance from the US Government. According to US Government sources, Washington has asked Thailand to defer any ...
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US carriers enjoy profits hike
Overall profits from the major US airline groups continued to forge ahead in the first quarter of 1997, shrugging aside the hike in fuel costs and re-imposition of the 10% federal ticket tax in early March. The leading airlines made a combined profit of over $750 million, more ...
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Maersk steers Estonian Air to profits in 1999 as traffic rises
Estonian Air, now managed by Denmark's Maersk Air following 1996's privatisation, is forecasting proÌts by 1999 on the back of a steady increase in passenger traffic, helped by its new Western-built aircraft ßeet and the development of regional routes from the Estonian capital, Tallinn. Borge Thornbech, who was ...
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Finmeccanica heads for new direction as president goes
Italy's state-owned aerospace and defence group, Finmeccanica, is poised for yet another sharp change in direction after the resignation of its long-time president Fabiano Fabiani. The move is expected to end attempts to privatise the whole group and lead to the sale or merger of individual businesses such ...
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Gulf Air funding finally agreed as losses start to fall
Gulf Air says that its state shareholders have agreed to $200 million in fresh funding, ending months of boardroom negotiations over shoring up the carrier's crisis-hit finances. The deal was finally struck at a board meeting held in Doha, Qatar, in April. Chief executive Shaikh Ahmed bin Saif ...
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MAS targets Pelangi takeover
Malaysia Airlines (MAS) is planning to take complete control of struggling third-tier operator Pelangi Air, absorbing its route network and aircraft. Under a proposal now before Pelangi's shareholders for approval, MAS would take a stake of to 70% in the local carrier. MAS' controlling parent company, Malaysian Helicopter ...
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Lockheed Martin aims to solveC-130J Hercules stall problem
LOCKHEED MARTIN has installed a stick shaker on the C-130J because of undesirable stall characteristics caused by the improved Hercules' new propulsion systems. Micky Blackwell, president of Lockheed Martin's Aeronautics sector, says attempts to find an aerodynamic solution to the problem have been shelved after "extensive testing", but ...
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Canadian pair plan shake-ups
Canada's regional carriers face a shake-up following a decision by the country's two largest airlines to consider restructuring their domestic operations. Air Canada set the ball rolling by announcing a review of operations which could lead to a restructuring of four regional carriers - Air BC, Air Ontario, ...
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Slow domestic market makes ANA look abroad for growth
All Nippon Airways (ANA) has announced plans for a large-scale expansion of its international operations over the next five years, as the carrier faces the prospect of slower growth and increased competition at home. Under ANA's mid-term 1997-2001 corporate plan, international operations will be expanded from 30% to ...