All news – Page 6881
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Spar goes shopping
Spar Aerospace has agreed to acquire Canadian maintenance company CAE Aviation for about $62 million. The company, which specialises in servicing and upgrading Lockheed Martin C-130 transports, was put up for sale in August by parent company CAE, following a decision to focus on its advanced-technology businesses, such as simulation. ...
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Litton expands
Litton Industries has agreed to buy information-technology services group TASC from Primark for $432 million in cash. The deal is expected to be approved by April, says Litton. Source: Flight International
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Banner sale
AlliedSignal has agreed to acquire the airframe-fastener and lubricant businesses of Banner Aerospace for $345 million in stock. The Hardware and Aero-Pac units bring 500 employees and sales of $250 million, which Allied Signal says will help it create a $400 million aftermarket aerospace hardware distribution business. Banner will concentrate ...
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Austrian double
Austrian Airlines has doubled its participation in regional carrier Tyrolean Airways, with the purchase of 42.85% of its shares, bringing its total stake to 85.7%. The remaining capital is held by Leipnik Lundenburger Industrie. Austrian bought its initial stake in Tyrolean in 1994, and the purchase contributed significantly, says the ...
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EC allows France to subsidise Sextant Airbus system
The European Commission (EC) has given the go-ahead for a Fr140 million ($23.3 million) re-imbursable French Government subsidy to Sextant Avionique to help develop a flight-management system (FMS) for new Airbus aircraft. Sextant plans to develop the FMS with Smiths Industries under a memorandum of understanding signed earlier in ...
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LTU dismisses managers as 767 cracks show poor maintenance
AndrzejJeziorski/MUNICH German charter operator LTU has sacked three senior managers after the discovery of a series of maintenance deficiencies in the fleet of Munich-based sister airline LTU Süd. LTU says that it is unable to name the managers concerned for legal reasons, but they included one of two ...
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CCAir concludes roll-over agreement to upgrade Jetstream fleet
CCAir has concluded an agreement with British Aerospace Asset Management Turboprops (AMT) to replace its BAe Jetstream 31s with upgraded Jetstream 32EPs. The deal will also enable Charlotte, North Carolina-based US Airways Express to replace its ageing Shorts 360s. CCAir has signed an agreement with BAe AMT to take ...
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Next Generation 737 delivery encounters further delay
Delivery of the first Boeing Next Generation 737-700 to Southwest Airlines has been held up again, this time because of last-minute modifications to the lateral trim system. The first aircraft was originally due to be handed over to launch customer Southwest in October, but this slipped to late November ...
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Fairchild rolls out first 328JET
Andrzej Jeziorski/MUNICH Fairchild Dornier has unveiled the first 328JET prototype at Oberpfaffenhoffen, and is to begin trials this month. The aircraft has been created by the conversion of the second Dornier 328 turboprop prototype. Its first flight is due on 20 January, weather permitting, says Fairchild Dornier president ...
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Marketplace
++ Mexicana has leased an ex-Sunways Boeing 757-200 from Sunrock Aircraft, along with an ex-SAS Boeing 767-300ER from GE Capital Aviation Services (GECAS). The 757 was repossessed by Sunrock in September when the Swedish charter airline folded. Another ex-Sunways 757 has been leased to Britannia, by Tombo Aviation. ++ British ...
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MAS warns Boeing to raise 777X tempo
Paul Lewis/LANGKAWI Malaysia Airlines (MAS) has reiterated that it is still interested in launching the proposed ultra-long-haul Boeing 777-200X, but in the wake of the recent slowdown in the programme, the carrier is warning that there is a limit to its patience. In March, the Malaysian carrier signed ...
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Routes
++ US Airways is seeking US Department of Transportation (DoT) permission to start services to Amsterdam early in 1998 from Philadelphia International, where the airline is to build a $300 million terminal. ++ Northwest is seeking US DoT approval to codeshare with KLM on its Philadelphia-Amsterdam route, to begin on ...
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US decision will seal fate of EGNOS
Julian Moxon/PARIS A Eurocontrol system enabling European airspace users to take full advantage of the US global-positioning system (GPS) for sole-means navigation may be cancelled if the USA fails to go ahead with its own, equivalent, programme. The European geostationary navigation overlay system (EGNOS) is meant to give ...
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European reality
The sudden outbreak of enthusiasm among European Governments for a consolidation of their defence industries is as startling as it is welcome - but it is difficult to see what deep consideration of the real issues involved has led to their new stand. This magazine has been arguing for ...
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Wishing on a star
Guy Norris/Rio de Janeiro Varig is entering one of the most pivotal periods in its 70-year history. After successfully struggling to turn its fortunes around in 1996, the Brazilian flag carrier figuratively hitched its wagon to a star in 1997 when it joined the growing band of airline members ...
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Netherlands rotary club
Rene van Woezik/THE HAGUE IT MUST SEEM TO THE DUTCH that rental was enormously cheaper than acquisition, at least as far as the Royal Netherlands Air Force is concerned. Its 12 leased Boeing AH-64As cost the grand sum of $12: its 30 AH-64Ds, deliveries of which begin in April ...
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Latin sounds
Geoffrey Jones/SANTIAGO Chile's two major airlines, LAN Chile and Ladeco, have been working together formally for some two years, since LAN Chile took control of its struggling domestic contemporary in 1995. The take-over has helped both carriers, with Ladeco consolidating its domestic market position while LAN Chile has been ...
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Environmental pressure could force change-over to hydrogen fuel
Pressure on the aviation industry to bear its share of the planned reductions in greenhouse gas emissions could force it to switch to alternative fuels such as hydrogen, according to speakers at a London conference on aerospace propulsion. A report by Daimler-Benz Aerospace (Dasa) Airbus says the projected 1.5-2% ...
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TRW has to delay delivery of AXAF
The launch of NASA's third Great Observatory spacecraft, the Advanced X-ray Astrophysics Facility (AXAF), aboard the Space Shuttle STS93/Columbia, scheduled for August 1998, will be postponed, possibly by "several months", because main contractor TRW has experienced delays in "assembly and testing". International Space Station Shuttle flights scheduled later in 1998 ...
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Airbus aids new A320 training in Singapore
Airbus Industrie is to assist Asia-Pacific Training & Simulation (APTS) to establish a new A320 simulator training capability in Singapore, in an effort to improve support for the growing number of regional operators of the aircraft. Singapore-based APTS has ordered a single A320 full-flight simulator from Reflectone, equipped with ...