All Airframers news – Page 1355
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News
Ailing Lockheed Martin cuts 2,800 jobs
Lockheed Martin has streamlined its aeronautical and space systems businesses and is to eliminate more than 2,800 jobs in a bid to reduce costs by $200 million a year. The US giant saw net profit drop 62% to $382 million last year. It hopes the restructuring will help improve performance. ...
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Dragonair plans massive order
Andrzej Jeziorski/SINGAPORE Hong Kong airline Dragonair is to add 26 aircraft to its fleet by 2005 in an expansion connected to air services negotiations between Hong Kong and Beijing. The first step will be an order for one Airbus A330-300 widebody, with two options, and five Airbus A320 ...
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Garuda joins Asian recovery
Garuda Indonesia claims to have broken-even last year, reversing seven years of losses. The carrier's president, Abdulgani, says preliminary, unaudited, figures for 1999 show a 600 million rupiah ($83,000) net profit, after 1998's two trillion rupiah ($275 million) net loss. He says recent restructuring efforts are paying off. Abdulgani ...
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Meridiana sell-off may spark scramble
Andy Nativi/GENOA Italian regional Meridiana, the country's second largest carrier, is up for sale following a decision by the Aga Khan to dispose of his 79% holding. A sale had been under consideration for several years, although initially only a small stake was to be offered. Several European ...
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people...
people ++ Evergreen International Aviation has named Joseph O'Gorman president and chief executive (CEO). He joins after retiring as CEO of Reno Air upon its sale to American Airlines. Timothy Wahlberg becomes chairman of Evergreen, the activities of which include helicopter charters, a cargo airline and aircraft leases. He succeeds ...
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Seoul issues KAL maintenance directive
The South Korean Government has issued a directive ordering Korean Air (KAL) to enhance maintenance at airports outside South Korea. The order follows the 22 December crash of a Boeing 747-200F freighter at London Stansted Airport in the UK. A faulty attitude director indicator is believed to have contributed to ...
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Legend battles for February launch
Embattled Legend Airlines plans to initiate services from Dallas Love Field, Texas, late this month if it overcomes legal challenges from American Airlines, the city of Fort Worth and Dallas/Fort Worth International Airport. Legend, which planned to begin interstate business-class operations last September, using six 56-seat McDonnell Douglas DC-9-30s, ...
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Marketplace
British World Airlines has begun replacing its ageing BAC One-Elevens, with the delivery of its first Boeing 737-300, an ex-Garuda aircraft on lease from Babcock and Brown. A second aircraft is due for delivery in April, with four more to arrive in 2001-2. Turkish charter airline Pegasus Airlines will take ...
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Austria's Rheintalflug gears up to take extra ERJ-170s
Andrew Doyle/MUNICH Rheintalflug is preparing to confirm options on six more Embraer regional jets in a move likely to see it join the list of customers for the 70-seat ERJ-170. "We are quite sure that we are going to convert all these options into firm orders," says Rheintalflug marketing manager ...
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Routes
Calgary-based low-cost carrier WestJet Airlines has revealed details of its new east Canadian operation, based in Hamilton, Ontario. Launch routes will serve Thunder Bay and Winnipeg from 9 March, with Ottawa, Montreal and Halifax to be added by mid-2000. Sabena has added the Slovenian capital Ljubljana to its network, with ...
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UK to introduce compulsory terrain warning systems use
David Learmount/LONDON In a move anticipating European Joint Aviation Authorities (JAA) action making terrain avoidance and warning systems (TAWS) compulsory, the UK Civil Aviation Authority is to order that UK-registered aircraft be fitted with the equipment from next January. TAWS is expected to reduce dramatically the incidence of ...
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Transmile Air revamps fleet to focus on cargo
Malaysian carrier Transmile Air is restructuring its fleet to concentrate on cargo operations in the Asia-Pacific region. The airline, which until now has operated seven Boeing 737-200s, took delivery of its first Boeing 727-200 Adv, an ex-THY Turkish Airlines aircraft, on 22 January. Aircraft project and planning controller ...
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BAE plans to merge Asset Management and Avro
Max Kingsley-Jones/LONDON BAE Systems is restructuring its regional airliner businesses into a single unit by folding the Asset Management (AM) remarketing arm - a standalone division - into BAE Systems Regional Aircraft, via a merger with the latter's own Toulouse-based Avro marketing and support operation. Avro is part of Woodford, ...
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Boeing targets 'out of box' 207min ETOPS for 777X
Guy Norris/SEATTLE Boeing is to certificate its proposed ultra-long range 777X variants for 207min extended-range twin-engine operations (ETOPS) for "out of the box" entry into service in September 2003. The radical move comes as the US Federal Aviation Administration gives its long-delayed green light to 207min ETOPS for current ...
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British Midland selects A330 for US services
British Midland (BM) has chosen the Airbus A330-200 for its planned US services, and concluded a deal to take up to 12 aircraft. The selection of the 250-seat Airbus widebody follows an evaluation of the similarly sized Boeing 767-400ER. The airline declines to comment on the order. BM ...
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First of Turkey's SunExpress -800s joins the fleet
SunExpress has taken delivery of the first of four Boeing 737-800s on lease from GE Capital Aviation Services. The rest will be delivered this year, and the 737-800s will be operated alongside the Turkish charter's three 737-300s and two 737-400s on European flights. The airline began operations in 1990 and ...
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Cathay seeks more aircraft as it revives growth plan
Andrzej Jeziorski/SINGAPORE Cathay Pacific Airways is to buy and lease more aircraft this year as it revives plans to double its passenger traffic as the economic situation improves in Asia. The airline confirms statements made to the Hong Kong press by Cathay chairman James Hughes-Hallett, and to an aerospace industry ...
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Reasons to be fearful
The downward trend of fatality numbers continues, but worries remain over differences in regional safety standards David Learmount/LONDON All is not well with airline safety. Despite fewer fatalities in 1999, accident numbers equalled those in 1998, and some significant international airlines - most notably a few key carriers in the ...
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Mergers
US motion control systems specialist Parker Hannifin is to buy Commercial Intertech for $366 million in cash and stock, plus the assumption of $107 million of debt. Both companies are based in Ohio. Parker has made 42 acquisitions in the last six years. The takeover of Helicopter Services of the ...
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Fuel prices mar US results
Chris Jasper/LONDON The spiralling cost of aviation fuel prevented the USA's major carriers from improving their performances in 1999, although they reported largely positive results. Share disposal windfalls saved the net results of most, however. American Airlines' parent AMR, the world's biggest airline group in terms of turnover, saw ...