All Engines news – Page 503
-
News
Embraer ties up risk sharing agreements
Julian Moxon/PARIS Embraer has concluded agreements with risk sharing partners for the ERJ-170 and ERJ-190 regional jets, in addition to those with General Electric and Honeywell that cover engines and avionics, respectively. The company has also held an advisory board meeting with 20 airlines and risk sharing partners to ...
-
News
DHL completes British Airways 757 deal
Max Kingsley Jones/LONDON DHL has concluded its long- running negotiations with Boeing and British Airways for the acquisition of a massive fleet of converted Boeing 757 freighters, and will take the first of 44 aircraft in mid-2001. An announcement was expected on 5 October. Discussions between DHL, BA ...
-
News
Fairchild closes on stake sale
Paul Lewis/WASHINGTON DC Julian Moxon/PARISNew York investment house Clayton, Dubilier & Rice is close to acquiring a controlling stake in Fairchild Aerospace, which has been seeking a cash injection to underwrite continued development of the 728JET series and 428JET regional aircraft. Clayton, Dubilier & Rice will not confirm or deny ...
-
News
Marketplace
Lufthansa has ordered eight more Airbus A340-300s and three CFM International CFM56-powered A320s for delivery between 2001 and 2004. Options have been taken on a further six A340-300s. Swiss cargo carrier Farnair Europe has acquired three Fokker F27 Mk 500s from TAM Brazil. TACA has taken delivery of the first ...
-
News
Qualiflyer to standardise fleet with Flightlease Airbus deal
Andrew Doyle/MUNICH The Qualiflyer Group of airlines is stepping up its fleet standardisation efforts following an order by GATX Flightlease for 38 Airbus aircraft for delivery between next year and 2006. The SFr2.5 billion ($1.6 billion) deal covers 32 A320 family aircraft - 12 A318s, 10 A320s and ...
-
News
Boeing details revised growth 777 schedule
Paul Lewis/WASHINGTON DC Boeing has unveiled a detailed revised timetable for development of the growth 777-200X and -300X, calling for delivery of the first General Electric GE90-115B-powered aircraft within 44 months of formal launch. The schedule is based on a formal launch for the programme by the end ...
-
News
Consolidate to accumulate
The maintenance, repair and overhaul market is expected to swell to around $35.9 billion by 2004, according to Doug Birch/LONDON Think of consolidation within the aviation industry and the frenzied merger activity gripping the aerospace manufacturing sector immediately springs to mind. Yet consolidation is also beginning to change the ...
-
News
Il Avia loses licence after using time-expired engines
Russia's Federal Service of Air Transport has withdrawn the operating licence of a leading air cargo operator for maintenance violations involving the alleged use of time-expired engines on an Ilyushin Il-76TD. Il Avia, 10%-owned by the Ilyushin Aviation Complex and 90% by Vozrozhdenniya, a foundation set up to support ...
-
News
Mergers
Aero-engine giant Rolls-Royce is to buy UK defence and marine power specialist Vickers for £576 million ($935 million) plus £125 million of debt in a move which decreases its reliance on aerospace. R-R is also acquiring National Airmotive of the USA for $73 million, expanding its powerplant aftermarket presence. SAirGroup ...
-
News
Anglo-Russian consortium brings Tu-204F to the West
A UK freight leasing company will introduce the first of at least three Tupolev Tu-204 freighters in November, spearheading Anglo-Russian efforts to boost the fortunes of the Russian twinjet. AirRep, headquartered at London Gatwick, will take delivery of the first Aviadvigatel PS-90-powered Tu-204-100C in mid-November, with two more following ...
-
News
Carriers link to beat US safety restrictions
Aeropostal of Venezuela is negotiating with Aerolineas Argentinas to combine their Airbus A310-300 services in a move to improve operating efficiencies and circumvent safety assessment restrictions on flights to the USA. The South American carriers each operate two Pratt & Whitney PW4000-powered A310s on operating leases from Airbus Asset ...
-
News
EC approves Alliance engine plan
The European Commission (EC) has formally approved plans by the General Electric-Pratt & Whitney Engine Alliance to offer a powerplant for the Airbus Industrie A3XX, following a review of the tie-up's likely impact on competition. The decision had been anticipated after the Commission indicated last November that it was ...
-
News
Marketplace
Air Maldives is to acquire three secondhand Airbus A310-300s on three-year leases from Airbus. The first aircraft, an ex-Air Jamaica, Pratt & Whitney PW4000-powered example, will be delivered on 15 October, with others due for delivery at one-month intervals. Schreiner Airways has taken delivery of two ATR 72s on lease ...
-
News
Airbus' A3XX economics target 'unachievable', says Boeing
Max Kingsley-Jones/LONDON Paul Lewis/WASHINGTON DC Boeing has dismissed Airbus Industrie's 15-20% cost saving target for the A3XX over the 747-400 as unachievable. The European consortium claims to be ahead of the targets, as its US rival focuses on cheaper 747-based growth derivatives rather than an all-new design to meet its ...
-
News
Workshop
Norwegian low cost airline Color Air has signed a five-year engine support contract for its three Boeing 737-300s with Shannon Engine Support in Ireland. The deal for work on the CFM56s will be extended to cover five aircraft when the airline increases its fleet size next April. GE Engine Services ...
-
News
Maverick opts for CT58s for Twinjet
Maverick Air is looking to fit derated General Electric CT58 engines to its five-seat Twinjet 1500, rather than wait for the Williams FJX-2, in an attempt to push forward certification and first deliveries of the factory-built version of the kit aircraft. The CT58-powered Twinjet 1500 composite kit plane, which ...
-
News
Boeing seeks to overturn China Eastern A340-500/600 deal
Paul Lewis/WASHINGTON DC Boeing is attempting to overturn a decision by China Eastern Airlines (CEA) to acquire Airbus A340-500/600s. It is proposing a deal similar to the controversial agreement the US company sealed with Singapore Airlines earlier this year, which will take the carrier's A340s in return for ...
-
News
Volga-Dnepr ponders new strategies
Chris Jasper/SHANNONOutsize cargo specialist Volga-Dnepr plans to launch scheduled freight services as part of a major expansion of its operations. The Russian carrier, which offers cargo charters with its Antonov An-124-100 freighters marketed through the UK's HeavyLift Cargo Airlines, may take four Ilyushin Il-96Ts freighters to launch the service, but ...
-
News
Joining the jet age
Turbofan power is giving the 328 regional airliner a new lease of life Andrew Doyle/OBERPFAFFENHOFENIt is an unconventional way of bringing a regional jet to the marketplace. Fairchild Aerospace has created a capable 30-seat aircraft by re-engining the Dornier 328 turboprop with turbofans. First deliveries of the 328JET were made ...
-
News
Traffic figures stall Indian Airlines plans
State-owned Indian Airlines has shelved plans to lease four new Airbus A320s for domestic routes, because of worse-than-expected traffic figures. The carrier began its search in April for International Aero Engines V2500-powered aircraft to dry lease for three years from October. But traffic growth up to next March looks ...