All Airframers news – Page 1418
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News
TRW's $7 billion bid lands LucasVarity
LucasVarity, the UK-based aerospace and automotive company, is to be bought by TRW of the USA for $7 billion cash - although the deal has been thrown into uncertainty by fellow-US player Federal Moghul, which may increase an earlier offer of $6.4 billion in cash and stock. The open ...
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Euro carriers edge toward privatisation
Julian Moxon/PARIS The French Government has launched the partial privatisation of Air France, with up to 17.4% of the airline's capital due be placed on the stock exchange in February. The much-delayed privatisation will see the Government's 94% stake cut to around 64% initially, diminishing to around 53% ...
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Slump leads to cuts in Air Canada fleet
Air Canada is cutting its fleet because of the slowing economy and the expected slump in airline travel. The Montreal-based flag carrier says it plans to retire most of its older aircraft, return a number of leased aircraft and postpone delivery of several new ones. The net effect will ...
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Airbus and P&W order reverser modifications for A300/A310s
Airbus Industrie has issued a safety bulletin ordering rewiring modifications and thorough checks of the thrust reverser systems on Pratt & Whitney JT9D-7R4 and PW4000-powered A300-600 and A310 twinjets, before reactivation of the reversers. The move follows an incident in November when a Korean Air (KAL) A300-600, powered by ...
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SkyWest pursues expansion plans
Paul Lewis/WASHINGTON DC SkyWest Airlines intends to expand its western US regional network further with its newly announced purchase of 25 Bombardier Canadair Regional Jet (CRJ) 200LRs, while longer-term planning is focused on finding a smaller jet or turboprop replacement for its Embraer EMB-120 Brasilias. "We've grown by 35% over ...
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757-300 wins joint certification
The Boeing 757-300 has been awarded its US Federal Aviation Administration type certificate, production certificate, 180 min extended range twin operations (ETOPS) approval and European Joint Aviation Authorities validation. The flurry of clearances for the Rolls-Royce RB211-535E4B-powered version of the aircraft follows a five and a half month flight test ...
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Boullioun beefs up with Airbus
Boullioun Aviation's order for 30 Airbus A320 family models signals its intent to limit the growth of subsidiary, Singapore Aircraft Leasing Enterprise (SALE), to widebodies. That was its original plan, but the two lessors strayed from it three years ago. Returning to that plan means Boullioun is ending its exclusive ...
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Southwest bites the Big Apple
It is the news that other US carriers hoped never to hear. Southwest Airlines is about to take a bite out of the Big Apple and begin operating from New York. Analysts and rival airlines have speculated about the possibility for years, but Southwest has deliberately avoided the New ...
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FLEET
Asian SALES - Singapore Aircraft Leasing Entreprise (SALE) has acquired a new Boeing 777-200 under a sale and leaseback deal with Korean Air. SALE has also delivered the first of two 737-300s to Singapore's SilkAir under a similar arrangement. The second aircraft is scheduled for delivery in April. Fortis ...
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Japanese rejig overseas strategies
Most Asian airlines have concentrated on costs to survive the region's doldrums, but Japan's airlines, facing new low cost domestic rivals, are looking at both international costs and revenues in an effort to boost profits. Japan Airlines (JAL) and All Nippon Airways (ANA) have both taken the bold step ...
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Privatised Austrian to look east
Austria has revived plans to privatise it flag carrier in a move that will boost its expansion eastwards. The government is to relinquish its majority holding Austrian Airlines after it decided not to participate in a Sch3 billion ($240 million), capital raising programme. The state will remain the largest ...
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easyJet sees black
Privately owned easyJet has finally turned a profit, but the publication of its first set of results has provoked scepticism and speculation that it may soon be up for sale. The carrier's 1998 pre-tax profit of £2.3 million ($3.8 million) on a turnover of £77 million, appears to belie ...
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French ambition
With a pilot deal under its belt, the French national carrier is now moving ahead with a flotation. But a global alliance still escapes the airline, while there are also doubts over its ambitious expansion plans. When in the autumn of 1997 former Air Inter boss, Jean-Cyril Spinetta, was ...
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Express yourself
As Delta Express heads for its third year of operation, not all industry observers share the group's optimism for this experiment in setting up a low-fares, airline-within-an-airline. Passengers on Delta Express aircraft wave dollar notes in the air when they see the flight attendant coming down the aisle. Having ...
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A final flurry of orders
Despite the gathering gloom, 1998 turned out to be another bonanza year for jet airliner sales. As the year-end totals rolled in, it became clear that Airbus and Boeing had managed to net the second largest bag of orders on record. That may raise few cheers from an airline industry ...
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Are there dangers in duopoly?
As Airbus again draws closer to Boeing, are there risks from an airliner duopoly? Whatever else the Airbus and Boeing year-end figures may have revealed, there is one fact that remains inescapable. The market for large civil aircraft is now a straight fight between two fairly evenly matched manufacturers. Conventional ...
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India ditches joint board
An attempt by their joint board of directors to bring Air-India and Indian Airlines together under a single holding company has provoked a furious response from the Indian Government. Heading off what it saw as a management attempt to begin merging the two state-owned carrier's, the government swiftly dissolved their ...
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New British Airways pilots' deal throws doubt on virtual airline
The future of British Airways' London Gatwick-based "virtual airline" Airline Management (AML) is looking doubtful as BA pilots prepare to vote on a new employment deal. AML was set up by Flying Colours boss Errol Cossey in association with BA to function as its low-cost long haul division. It ...
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COPA completes deal for 12 new Boeing 737-700s
COPA has finalised a deal to acquire 12 new Boeing 737-700s through order and operating leases. The carrier will re-equip its fleet completely and expand services to Central and South America. The privately owned Panamanian carrier has ordered eight 737s from Boeing and will lease a further four aircraft, ...
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Croatia Airlines nears alliance
Andrew Doyle/ZAGREB Croatia Airlines is finalising a strategic tie-up with a major European flag carrier as the next stage in its plans to establish Zagreb as a regional hub for destinations in the former Yugoslavia. The move comes hard on the heels of the acquisition by the Croatian ...