All Airframers news – Page 1370
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News
In brief
Air Canada expands in USA - Air Canada has signed a new code-share agreement with United Express carrier Atlantic Coast Airlines, effective from 31 October. The agreement will enable Air Canada to offer 11 new destinations along the Eastern seaboard via Washington Dulles and Chicago. Cuban contract for TransAer ...
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Aeroflot calls in US bank for long-term debt advice
PETER BENNETT VIENNA Russia's flag carrier Aeroflot has selected Chase Manhattan Bank to help restructure its mounting debt problems and finalise plans for a possible re-entry into the world capital markets. The airline insists, however, that there is no chance of a fresh share issue to raise new cash ...
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Alitalia plans strategy amid growing competition
Alitalia has announced an upbeat two-year strategic plan, but in the short term it could be in for a bumpy ride. The Italian carrier forecasts a drop in net consolidated profit from 1998's L408 billion ($223 million)to L202 billion this year, blaming declining domestic yields and a rise in ...
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Iberia faces attack as shares go on sale
BARRY CROSS LONDON Iberia's initial public offering is finally going ahead on 22 November, following the resolution of a dispute between 9% shareholder British Airways and major company shareholder Caja Madrid over voting rights. A 53% stake held in the flag carrier by state holding company SEPI will be floated. ...
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Forced marriages
PETER CONWAY LONDON The big three global alliances have produced few cargo synergies so far. Will they ever? Cargo departments could be forgiven for feeling a little excluded amid all the clamour surrounding global alliances. While vast amounts of management time have been focussed on cementing the right strategic relationships ...
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Mind the capacity gap
Chris Tarry of Commerzbank unveils a new model to measure the true gap between capacity growth and underlying traffic demand. A constant theme of our analysis over the last few months has been the relationship between capacity - or more precisely excess capacity - and yields. A recent surge ...
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Destination unknown
Replacing its current fleet could be the least complicated issue facing Canadian Regional Airlines as an airline takeover battle looms Paul Seidenman/CALGARY As Air Canada and Canadian Airlines (CAI) face up to each other in what is becoming one of the hardest-fought airline takeover battles in recent years, shock waves ...
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Brazilians lose contact with faulty research satellite
Brazil's INPE space agency has been unable to make contact with its $4.6 million SACI-1 satellite, launched last month. It is thought to have suffered a communications, antenna or computer fault, which may be correctable. The small Brazilian technology research satellite was launched on the second Chinese Long March ...
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Schreiner Group snaps up Air Holland
Dutch aviation company Schreiner Group has agreed to buy Amsterdam-based charter carrier Air Holland. The airline operates two Boeing 737-300s and four 757-200s. It is attractive because of its slot holdings at crowded Schiphol Airport, although the Schreiner deal should allow it to continue operations. Meanwhile, French regional ...
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FedEx MD-11 in Subic Bay overrun
A FedEx Boeing MD-11 freighter was destroyed in a landing accident at Subic Bay freeport, Philippines, on 17 October. The tri-jet overran the airport's 2,745m (9,000ft) runway 07 and fell into the sea, sinking quickly. Injuries to the two pilots, the only occupants, are reportedly minor. The aircraft (N581FE), inbound ...
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Greece to buy PGMs and more Chinooks
The Greek armed forces have concluded a deal to buy more Boeing CH-47D Chinooks and are close to finalising a deal for US-supplied AGM-142 Have Nap stand-off missiles. According to industry sources, the Clinton Administration will shortly notify the US Congress of its intention to sell an undisclosed number ...
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Aircraft mixture may fill US sensor scheme
A US Army requirement for an Aerial Common Sensor (ACS) aircraft could be met with a mix of long-range/high-endurance fixed-wing aircraft and unmanned air vehicles (UAVs). ACS will combine the capabilities of three aircraft types into one or more platforms, offering corps-level airborne intelligence, surveillance and target acquisition capabilities. ...
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Kenya Airways weighs options for long-haul aircraft renewal
Jens Flottau/NAIROBI Kenya Airways is preparing to undertake a long-haul fleet-renewal programme. The carrier has issued requests for proposals to Airbus and Boeing and to leasing companies. A decision on the new long-haul fleet could be made as early as January. Although the airline's new chairman Richard Nyaga ...
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Delta learns crash lessons with mask deal
Delta Air Lines is to equip all its aircraft with full-face cockpit oxygen masks from BE Aerospace. The move follows a number of fatal fires and comes ahead of an anticipated Federal Aviation Administration ruling on their use. The airline plans to fit the system to all 600 ...
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Workshop
Australian regional Kendell Airlines has selected GE Engine Services to maintain and service the General Electric CF34-3Bs which power its new Canadair Regional Jet fleet. The deal is valued at around $40 million. KLM and its subsidiary, Martinair, have signed a contract with Boeing covering the exchange, overhaul and repair ...
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Helios charters rise in Cyprus
Backed by Cypriot and Swiss investors, a new privately owned charter carrier serving the leisure market will start operations from Larnaca, southern Cyprus, next June. Already licensed by Cyprus, the carrier, Helios Airways, will launch services with a single 170-seat Boeing 737-400 leased from GE Capital Aviation Services. By ...
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Globalstar tally increases as ICO changes business plan
Tim Furniss/LONDON Starsem launched another Soyuz-Ikar booster from the Baikonur Cosmodrome, Kazakhstan, on 18 October, carrying four more Globalstar satellites into orbit, bringing the total to 44. Starsem, the Aerospatiale Matra, Arianespace, Russian Space Agency and Samara Space Centre company, plans another launch next month, carrying another four ...
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Airbus sales irk US Congressman
America West Airlines has confirmed a deal for up to 77 Airbus Industrie A320 series aircraft. The move follows a Frontier Airlines letter of intent (LoI) for another 20 jets, rekindling US political criticism of the European manufacturer's growing success in the US market at Boeing's expense. Phoenix-based America ...
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Continental boss hits out at Airbus A340/ETOPS campaign
Continental Airlines chief executive Gordon Bethune has hit out at Airbus Industrie over its advertising campaign promoting the safety of four-engined aircraft versus twins on Pacific routes. In a letter to Airbus managing director Noel Forgeard, Bethune accuses Airbus of exploiting "the unfounded fears of the travelling public on ...
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Boeing to study further 777 stretch
Andrew Doyle/BRUSSELS Boeing is studying the possibility of stretching the 777-300X to accommodate up to 60 more passengers. The move comes at the request of some of the airlines evaluating the twinjet as a replacement for the 747-400. "We're listening to the airlines and asking the question: 'Can ...