All news – Page 7117
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AMJ sells BAe 146s
British Aerospace Asset Management-Jets (AMJ) has sold four more BAe 146s, as its campaign to cut the group's liabilities on its regional-jet fleet begins to gather momentum. Three BAe 146-200s on lease to Air Atlantic have been sold to the Canadian carrier for $21 million. It has also ...
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China Airlines hopes for overseas partner
Taiwanese national carrier China Airlines (CAL) has confirmed that it is hoping to attract an overseas strategic partner, with the planned sale of up to 16% of the airline's stock by its main shareholder, the China Aviation Development Foundation (CADF). The quasi-Government controlled CADF wants to reduce its ...
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JAL renews attack on costs
Japan Airlines (JAL) is stepping up efforts to cut costs and restructure the company, including the shedding of 2,000 jobs, as the group once again faces a return to losses. The airline's newly unveiled medium-range plan for the five years through to March 2002 also calls for a ...
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Russia approves guarantees for Moscow Aviation Tu-204s
The Russian Government has authorised guarantees of $150 million for the manufacture of 20 Tupolev Tu-204s with Perm/Aviadvigatel PS-90A engines for Moscow Aviation International Leasing (MAIL). MAIL is an associate company of the consultancy headed by chess world master and entrepreneur Gary Kasparov. The consultancy's chief executive Peter ...
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Capital injection
Lebanese cargo carrier Trans Mediterranean Airline has raised its capital to $39 million after the sale of shares by an investment group led by Farid Raphael, chairman of Banque Libano-Francaise. Source: Flight International
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More stoppages may hit TAT and Air Liberté
STAFF AT British Airways' French subsidiaries TAT and Air Liberté are threatening further strike action following stoppages over pay and working conditions on 9/10 April. The action follows strikes at Air France over the merger of its domestic operations with the Air France Europe/Air Inter subsidiary. Unions claim ...
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Lifting the loads
Given its rapid growth, observers would be forgiven for thinking that Atlas Air is alone in providing wet-lease freighter capacity and that the business is a "new fashion". In fact, this type of enterprise, (described variously as supplemental, contract, wet-lease and chartering), has existed since the Berlin Airlift ...
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GAMA disputes proposed ETOPS limit
THE US general-aviation industry has warned the European Joint Aviation Authorities (JAA) that a proposal to impose a 120min extended-range-twin-engine-operation (ETOPS) limit on corporate aircraft would cost business-jet manufacturers over $200 million while not actually increasing safety margins. Criticism of the proposal, which could take effect in a ...
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Gulfstream takes GV on whistle-stop world tour
Gulfstream Aerospace is taking its GV business jet on a "whistle-stop" world tour to introduce the ultra-long-range aircraft to potential international customers, and has claimed in the process a series of non-stop distance records for a corporate jet. The first leg of the tour, which takes in Europe ...
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Two bidders battle to take over fading Avions Mudry
The recovery of ailing French aerobatic aircraft manufacturer Avions Mudry hangs in the balance, with two rival bidders apparently prepared to take over the company's debts and re-launch production. The two candidates are Avions Robin, now owned by Jean-Paul Pelissier, and Dyn'Aero, owned by the son of Robin ...
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Skyhawk gets ticket
Cessna's new single-engine-aircraft assembly site at Independence, Kansas, has successfully completed a US Federal Aviation Administration audit granting production certification of the Skyhawk 172R. Source: Flight International
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Maintenance mistake threatened Transavia Boeing 737 flight
A third-party-maintenance error came close to disabling a Transavia Airlines Boeing 737-300 in flight with 146 passengers on board, and could have resulted in a crash but for the quick action of the crew, say initial reports from German air-accident investigators. The incident is believed to be a one-off, but ...
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S Korea signs AI(R) JET deal
Aero International (Regional)'s planned AI(R) JET 70 regional-aircraft development has been given a boost, with South Korea signing a preliminary agreement to join the programme, angling for a stake of up to 40%. The Korean Commercial-Aircraft Development Corporation (KCADC) and a team from AI(R), headed by chief executive ...
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DHL signs MoU with Airbus for A300 freighters
DHL Airways has signed a memorandum of understanding (MoU) with Airbus Industrie for the acquisition of seven used A300B4 freighters for its US express-parcels network, and could later add additional aircraft for its European operations. The airline will take delivery of the seven aircraft, which are General Electric ...
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Latest bid to rescue Fokker fades away
Prospects of a viable rescue plan for Fokker have further evaporated after an apparent break-down in relations between Malaysia's state-investment group Khazanah Nasional and the bankrupt Dutch aircraft manufacturer's receivers. Khazanah had been discussing taking a 39% stake in a revived Fokker, by joining a DFl1.1 million ($640 ...
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Saab discusses South Pacific venture
Saab Aircraft is discussing the setting up of a new South Pacific airline operation, in response to what it believes are unfounded complaints over the unreliability of the Saab 2000 being operated by state-owned Air Marshall Islands (AMI). Saab blames the AMI problems on inadequate spares support and ...
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Atlas closes on freighter order decision-
Atlas Air, the world's largest Boeing 747 freighter operator, is close to deciding whether to order an unspecified number of 747-400 freighters. According to Michael Chowdry, chairman and chief executive officer, the 747-400F is seen as "the next step" for the US contract cargo operator. Atlas Air is ...
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Order boom forces Boeing to raise production rates
Boeing is planning another increase in production rates as it prepares to keep pace with a surging orderbook and growing delivery backlog, now moving towards 1,500 aircraft. New urgency was injected into the company's continuous assessment of production rates by the Delta Air Lines order in March for ...
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First Airbus A330-200 on the move
The first Airbus A330-200 was rolled out of the assembly building at Toulouse in France in early April, and has now been moved "on-dock" for final systems installation. The aircraft, powered by General Electric CF6s, will be flown in mid-August, and enter service with Canada 3000 next April, on lease ...
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Extended-range Airbus A321 enters service
Airbus delivered the first increased gross weight A321-200 on 8 April, to UK charter airline Airworld, on lease from International Lease Finance (ILFC). The carrier, which will take a second 220-seat CFM International CFM56-5B3-powered A321-200 from ILFC in 1998, put the first aircraft into service between Manchester and Tenerife on ...