All news – Page 6785
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Aerolineas to recapitalise
Paul Lewis/MIAMI Aerolineas Argentinas expects to complete a $200 million recapitalisation by the end of May, in readiness for the planned sell-off the following month of its parent company, Interinvest, and merger with sister carrier Austral Lineas Aereas. According to Aerolineas chief operating officer David Cush, the airline's balance ...
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Airlines oppose restrictions on ownership
Jens Flottau/PHOENIX The aviation industry should behave just like any other industry and abolish current ownership restrictions. That is the view emerging from international airlines at the eighth Annual Phoenix Aviation Symposium, held in Arizona in early May. Ulrich Schulte-Strathaus, vice-president of international relations at Lufthansa, says the ...
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ANZ may block Ansett plan
Chris Jasper/AUCKLANDAir New Zealand (ANZ) has indicated that it is giving serious consideration to a possible move to block Singapore Airline's (SIA) plan to take a 50% stake in Ansett Australia. The company has rejected suggestions that it has insufficient funds to mount the operation. Ansett is jointly owned by ...
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Hurel-Dubois records strongest performance
French thrust reverser and nacelle manufacturer Hurel-Dubois has posted its strongest performance since the company was formed in 1947. A 34% increase in sales, to Fr1.34 billion ($.21 billion) and a 61% jump in net profits, to Fr 52.6 million ($8.4million), came after a restructuring effort in 1998. ...
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Interactive makes connection in latest IFE industry shake-up
In-flight entertainment (IFE) system supplier Interactive Flight Technologies (IFT) is aiming to complete its purchase of fellow IFE hardware manufacturer, the Network Connection (TNCi) on 15 May. The move is the latest stage in the shake-up of the IFE hardware supplier industry, which has seen the departure of some players ...
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Lynton Group restructures US/European operations
Lynton Group, the fast growing corporate aviation company, has restructured its US and European operation, following its switch to private ownership last month, after relinquishing its place on the US stock market. The company, now called Lynton Aviation, has divided its businesses into four core divisions: Fixed Based Operator ...
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Thai prepares for sale of stake
Chris Jasper/SYDNEY The sale of a stake in Thai Airways International to an airline investor is to take place next April, with a holding of around 15% to be sold off, the carrier's president, Thamnoon Wanglee, has revealed. Thai's planned privatisation has suffered a series of delays and the April ...
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Uganda discusses airline sale with SAA
Michael Wakabi/KAMPALA Unresolved issues over routes left Uganda's government with only one bidder in the sale of 49% of Uganda Airlines on 30 April. A decision to enter direct negotiations with South African Airways (SAA) was taken after British Airways and Sabena declined to submit bids by the 23 April ...
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Whistleblowing
When an airline makes a mistake affecting safety, there are normally others in the industry who know it has taken place, but they say nothing. If the error was unintentional and appears to be a one-off, the reaction of industry peers is usually: "There but for the grace of God ...
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UK TLAM deal
The UK has ordered 15 Raytheon Tomahawk Land Attack Missile (TLAM) Block IIICs, and taken options on 15 more, in a deal valued at $100 million by the USA. The UK Ministry of Defence says the order is to maintain stocks and ensure the system's operational effectiveness with the Royal ...
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BAeA contract
BAeA contract British Aerospace Australia (BAeA) has won a A$7million ($4.6 million) deal from the Australian Department of Defence for full scale engineering development of a rotary wing aircraft variant of the Australian ALR-2002 radar warning receiver. The company holds contracts to develop variants for the Royal Australian Air ...
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Marconi aims to crack Brazilian deal
Marconi Electronic Systems and partner Lockheed Martin are seeking to take advantage of Elbit's troubled Northrop F-5E/F upgrade negotiations by offering Brazil a revived proposal that includes the option for a future beyond visual range (BVR) missile capability. Negotiations between Brazil, local F-5 upgrade prime contractor Embraer and Elbit ...
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Israel is key to F-15 production
Paul Lewis/WASHINGTON Boeing's hopes of keeping the F-15 fighter production line open beyond early next year rests on an order from Israel, following its failure to dissuade Greece from purchasing additional Lockheed Martin F-16C/Ds and Dassault Mirage 2000-5s. The company's St Louis plant is to deliver its final outstanding ...
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F-22 concerns US Congress
Graham Warwick/WASHINGTON DC US Congressional concern over progress with development of software for the Lockheed Martin/Boeing F-22 prompted Boeing to bring its flying testbed (FTB) to Washington DC in late April. Programme officials say the757-based FTB is a key "risk reducer" in development of the sensor-fused, integrated avionics for the ...
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Greece plumps for F-16s and Mirages
Stewart Penney/LONDONGreece's decision to split its interim fighter order between the Lockheed Martin F-16 Block 50-plus and the Dassault Mirage 2000-5MkII will provide a rapid boost in capability for its air force. Both manufacturers are supplying aircraft with improved capability over versions of the types in service with Greece. Block ...
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Combat debut for Have Nap missile
US Air Force (USAF) Boeing B-52 Stratofortress bombers based in the UK have employed the AGM-142 Have Nap air-launched stand-off missile for the first time as part of NATO Operation Allied Force against Yugoslavia. Developed by Israel's Rafael and co-produced by Lockheed Martin in the USA, the AGM-142 is ...
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USN to start Super Hornet evaluation
The US Navy is poised to start a six-month, 800 flight operational evaluation (Opeval) of the Boeing F/A-18E/F Super Hornet following the successful conclusion of engineering management and development on 30 April. US Navy air test and evaluation squadron VX-9 will conduct Opeval with seven aircraft stationed at China ...
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India considers SAR pod for MiG-27 Floggers
The Indian air force is considering equipping its Mikoyan MiG-27 Floggers with an Elta synthetic aperture radar (SAR) pod, and with an electronic warfare suite also developed by the Israeli company. Elta, a wholly-owned subsidiary of Israel Aircraft Industries (IAI), has signed major deals with India in recent months, ...
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USAF seeks to block Boeing/Elta AEW
The US Air Force has raised objections to Boeing and Elta teaming up to meet an Israeli air force requirement for advanced airborne warning and command aircraft. The pair will install an Elta Phalcon-based phased-array radar as the main sensor on a Boeing 767, or similar platform. Boeing was ...
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JSF programme office trims work plan
Paul Lewis/WASHINGTON DC The US Joint Strike Fighter (JSF) programme office has agreed to trim design refinement efforts to keep Boeing and Lockheed Martin's concept demonstrations efforts within budget and on time. Revised proposals from the companies in response to programme office concerns about budget overruns and delays have ...