All news – Page 6658
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Finmeccanica gets cash boost
Andy Nativi/GENOA The Italian Government is to provide state-owned holding company Finmeccanica with a massive cash boost. It comes ahead of an expected agreement with British Aerospace over the future of its jointly owned Alenia Marconi Systems (AMS) operation in the wake of the UK company's acquisition of GEC ...
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Saab/BAe support investor's swoop for Walter
AndrewDoyle/MUNICH US investor Robert Fessler and Ryanair founder Tony Ryan are in final negotiations with the Czech Government to buy 94% of the troubled aero engine builder Walter. A deal is expected to be signed with a Czech company set up by the two men. The bid is ...
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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 ...
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Korean merger goes ahead without a plan
The long-awaited merger of three South Korean aerospace companies has finally gone ahead, with no approved business plan. The union of Daewoo Heavy Industries (DHI), Hyundai Space and Aircraft and Samsung Aerospace into Korean Aerospace Industries (KAI) was formalised on 1 October. The companies agreed last September to ...
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Service suspension
Air services between the Philippines and Taiwan were suspended indefinitely on 1 October, after a breakdown in talks between the two governments. The Philippines has been trying to revise downwards an agreement that allows carriers from each country to provide 9,600 seats a week on the route. Source: Flight International
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Outflanked
Bombardier has blinked in the increasingly hostile battle for dominance of the regional aircraft market in the 21st century. For the first time since the Canadian company revolutionised regional air transport with the original 50-seat Canadair Regional Jet in 1992, it has lost the initiative and is in danger of ...
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Shape up
Boeing is re-writing the rule book on contractor-supplier relationships and, in doing so, is threatening to start a tidal wave of far-reaching changes that could affect the aerospace industry at large. The US manufacturer dropped the rock into the supplier pool late last month when it announced radical revisions in ...
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Beriev completes first airframe for Chinese early warning radar
Russia's Beriev has completed modification of an A-50 (converted Ilyushin Il-76) to be used as the platform for an Elta Phalcon airborne early warning (AEW) system for China. According to Russian sources, the aircraft has already been flight tested. It is due to be delivered to Israel this month, ...
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MiG-29UBT on track for first flight next year
MAPO and Sokol plan to fly the first upgraded MiG-29UBT twin-seat fighter in mid-2000. Vasily Pankov, Sokol plant general director, says a MiG-29UBtrainer will be handed over by the Russian air force to the manufacturing plant to be modified to UBT standard. This will allow the aircraft to carry ...
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South Americans seek US funding for UH-1 Hueys
The US Government is considering a major expansion in the number of modernised Bell UH-1H Huey II helicopters supplied to Latin American countries for anti-drug missions. Five South American nations are seeking $135 million of US assistance in fiscal year 2000 to rebuild more than 60 UH-1Hs. The helicopters ...
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Brazil reconsiders F-5 radar
Paul Lewis/WASHINGTON DC Brazil is re-evaluating the Alenia Fiar Grifo F radar as an alternative to the Elta EL/MH 2032 system for its planned avionics upgrade of the NorthropF-5E/F fighter, while Elbit continues to struggle to finalise an integration contract. The Brazilian air force's F-5BR programme office confirms that ...
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Russians perform better in Chechnya
Alexander Velovich/MOSCOW The performance of the Russian air force during operations against separatist rebels in Chechnya is better than its previous campaigns in Afghanistan during the 1980s and over the disputed enclave in 1994-6, says air force commander-in-chief Col Gen Anatoly Kornukov. While satisfied with the air force's ...
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Skywatch certified
BFGoodrich has won UK certification for its Skywatch traffic advisory system, which interrogates aircraft transponders and alerts the pilot to potential traffic conflicts. Source: Flight International
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Bristow order launches AB139
Kate Sarsfield/LONDON Bell/Agusta Aerospace has clinched the first order for its $6 million AB139 from UK operator Bristow Helicopters, three months after the 12/15-seat aircraft was unveiled. The sale of two of the medium-twin-turbine helicopters to Redhill, Surrey-based Bristow, for offshore oil support operations, is the first of what ...
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JAA may back down on flightcrew rules
Transatlantic harmonisation of flightcrew licensing (FCL) rules could take a step forward when Europe's Joint Aviation Authorities council meets on 19-20 October. The committee is expected to modify the requirement for professional pilot training establishments to have their main place of business in Europe - a rule which has infuriated ...
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Scaled Technology signs for Cessna Citation composite work
Scaled Technology Works (STW), sister company of Burt Rutan's Scaled Composites, has signed an agreement with Cessna to supply composite structures for Citation business jets. The long-term agreement is a boost for Montrose, Colorado-based STW, which was set up to certificate and manufacture Scaled Composites-designed aircraft. So far, none of ...
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Premier third
The third Raytheon Premier I prototype flew for the first time on 17 September from the Beech Field, Wichita, site. The entry level business aircraft, to be used for avionics certification, will be joined by the fourth test machine "later this year". The third prototype will have its debut at ...
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Boeing shakes up supplier network
Guy Norris/SEATTLEBoeing has revealed radical plans to forge partnerships with its suppliers, as well as to eliminate others, as part of wide-ranging initiatives to improve overall profitability, reducing costs and cutting cycle times. The revamp forms a vital element of Boeing's plans to boost its commercial aircraft operating margin to ...
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Delta, SIA and Swissair sever equity ties
Andrzej Jeziorski/SINGAPORE Delta Air Lines and Swissair are unravelling their remaining ties with Singapore Airlines (SIA), as the Asian carrier moves closer to entry into the Star Alliance. The Swiss and US airlines have sold their equity in SIA, which has in turn offloaded its shareholdings in the ...
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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 ...