All news – Page 7343
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ARIA posts profits after year of growth
Aeroflot-Russian International Airlines(ARIA) has posted a positive set of 1996 results, showing a strong growth in passenger numbers and a boom in cargo traffic. ARIA revealed an overall net profit of 124.5 billion roubles ($22 million) for 1996, and the results would have been better but for an ...
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CAE eyes military boom
CAE president John Caldwell says that the group is preparing to take a leading position in Europe's military-simulator sector as sales boom over the next five years, and will also consider re-entering the USA once an exclusion agreement signed with Hughes Electronics expires. Europe's military-simulator market is expected ...
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El Al sell-off hinges on Sabbath flying
An Israeli Government committee has recommended the full privatisation of national carrier El Al, although the politically sensitive issue of flying on the Jewish Sabbath, which has dogged previous attempts at a sale, has yet to be resolved. The inter-departmental committee proposes the flotation of all the airline's ...
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Fokker's SABCA share to be sold
Receivers at FOKKER Aircraft have decided to put the bankrupt company's 48.8%share in Belgian aerospace manufacturer SABCA up for sale. It is not yet clear whether the shares will be floated on the stock market or placed directly with an investor. SABCA says that there are "several" prospective ...
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Japanese majors look to improve on a poor 1996
Japan's major airlines have revealed disappointing financial performances in 1996/7, as higher fuel charges and a weak yen eroded operating profits, but the carriers are optimistic that there will be improvements this year. Japan Airlines (JAL) swung back into the red with an overall net loss of ´9.2 ...
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CityLine record
Lufthansa CityLine carried more than 3 million passengers for the first time during 1996, helped by the growth of its fleet which is now exclusively built around regional jets. Although the regional carrier saw sales grow by more than 20%to above DM1 billion ($590 million) in 1996, the company's pre-tax ...
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Indian separation
Indian Airlines chairman P C Sen is studying proposals to spin off the domestic carrier's engineering services into a stand-alone business with its own identity and accounts. Sen has cited the lead set elsewhere in Asia by Singapore Airlines and Gulf Air, which have successfully turned their engineering departments into ...
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Japanese airline finanical performance -...
Japanese airline finanical performance - 1996/7 Sales (´bn)Operating marginNet profit/loss (´bn)Forecasts 1997/8 (´ bn) 1996/7change1996/71995/61996/71995/6SaleschangeNet profit Japan Airlines1,1957.1%0.4%1.4%(9.2)0.51,2444.1%0.0 All Nippon Airways8874.9%2.0%3.2%3.9 3.19335.1%3.9 Japan Air System3197.1%-0.1%-0.1%0.2 0.13416.9%0.4 Japanese airline operating statistics - 1996/7 Total passengersInternationalDomesticCargo tonnes (million)change(million) change(million)change(000)change Japan Airlines30,1984.8%11,4216.4%18,7773.9%8285.4% All Nippon Airways39,7205.6%2,67416.6%37,0464.9%5026.6% Source: Flight International
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Power shortage
According to current folklore, engine makers don't actually make any money out of building engines: they give them away, and then hope they will recoup the cost out of spares and maintenance in years to come. The engine makers, at least in public, will reject that as a wild exaggeration, ...
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Raytheon begins material build-up for new missile
Raytheon has begun purchasing long-lead material for production of enhanced fibre-optic-guided missiles (EFOGMs) destined for the US Army. The US aerospace firm was recently awarded $5.1 million of a $35 million contract to begin making 256 EFOGMs. The weapon, which will equip one company by the year 2000, ...
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IAI upgrades Harpy
The MBT weapons division of Israel Aircraft Industries (IAI) has unveiled an upgraded variant of its Harpy anti-radar attack unmanned air vehicle. The improved model has a greater range and loiter capability and improved accuracy. South Korea and India have purchased the Harpy, and other countries are evaluating the air ...
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USA and Japan study MPA
The US Department of Defense (DoD) and the Japan Defence Agency (JDA) have signed an agreement to co-operate on finding a possible future replacement for the Lockheed Martin P-3C Orion maritime-patrol aircraft (MPA) . Under the technical-review deal, US and Japanese officials are to exchange information and individual ...
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Lockheed Martin to fly all-electric F-16
LOCKHEEDMARTIN has been cleared to proceed with modification of an F-16 to demonstrate the all-electric flight controls planned for the Joint Strike Fighter (JSF). The Advanced Fighter Technology Integration (AFTI)/ F-16 will be modified in 1998 for flight tests starting in January 1999. The six-month, 60-flight demonstration, under ...
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Greelk lantirn
Lockheed Martin has delivered 16 LANTIRN targeting pods and 24 LANTIRN navigation pods for installation on Lockheed Martin F-16 fighters previously sold to the Hellenic air force. Source: Flight International
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Airbus will offer RAF early VC10 replacement option
Airbus Industrie is to offer to replace the Royal Air Force's Vickers VC10 tanker/ transport fleet as early as the turn of the century, more than a decade before the service originally planned to retire the aircraft. The consortium is preparing to submit an unsolicited proposal to the ...
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Malaysian F-18s arrive
The first four of eight Royal Malaysian Air Force McDonnell Douglas F-18Ds were delivered to Butterworth AB in late May. The remaining four will be delivered in August. Source: Flight International
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Turkish clearance
US manufacturers have been cleared to bid to provide Turkey with more than 100 advanced attack helicopters. The US Government says that it is in the US national security interest to provide assistance to Turkey. In 1996, political controversy over US concerns that they would be used against Kurdish civilians ...
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The cost of free flight
RUNNING an orderly air-traffic-management (ATM) system using airways, by definition, confines aircraft to a fraction of the airspace available. At a time when the skies are becoming increasingly crowded - particularly in Europe - any ATM system which fails to use all available airspace is, therefore, giving up part of ...
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Duncan Aviation completes Dassault Falcon 900 RVSM update
DUNCAN AVIATION has modiÌed a Dassault Falcon 900 business jet to comply with reduced vertical-separation minimum (RVSM) regulations now in force on North Atlantic routes. The update involved the upgrade of both air-data computers, a visual inspection of skin waviness around the pitot and static ports and a test ßight ...
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Paperwork holds up Il-103 sales
Russia's new light trainer, the Ilyushin Il-103, will realise its sales potential once outstanding certiÌcation paperwork issues are resolved, according to the aircraft's chief designer, Andrei Pupkov. The four-seat aircraft received Russian certiÌcation to AP-23 standards in February 1996, but to date just two aircraft have been delivered to customers, ...