All news – Page 7385
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Lockheed Martin and McDonnell Douglas pick up JASSM winners
Ramon Lopez/WASHINGTON DC LOCKHEED MARTIN and McDonnell Douglas (MDC) have been selected by the US Air Force to develop contenders for the $3 billion Joint Air-to-Surface Standoff Missile (JASSM) programme. Proposals submitted by Hughes, Texas Instruments and a Raytheon-Northrop Grumman team were rejected. The winning ...
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Boeing reveals massive 737 production boost
Guy Norris/SEATTLE BOEING IS TO boost production of its 737 to 17a month by January 1998, and is studying more increases that could see production exceeding the record-breaking rates of the early 1990s, when 21 aircraft a month were being built at Renton in Washington. ...
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Raytheon wraps up Chrysler deal
RAYTHEON HAS CLOSED its $475 million deal to buy Chrysler's defence and aerospace business, which will be merged with Raytheon's E-Systems subsidiary acquired for $2.3 billion in 1995. The acquisition was finalised a day after the group settled Federal Trade Commission concerns about the transaction. Raytheon agreed to ...
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Heathrow slots are price for BA/American go-ahead
THE US DEPARTMENT of Transportation (DoT) is demanding that additional slots be freed up at London Heathrow as the price for granting anti-trust immunity to the proposed alliance between BA and American Airlines. Senior DoT policy official Patrick Murphy says that new US carriers would have to be ...
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UK study shows advantage of combined GPS/Glonass
COMBINED GLOBAL-positioning-system (GPS)/Russian Glonass receivers can significantly boost the integrity of real-time satellite-based differential-navigation systems in aircraft, says a UK team which recently completed what are believed to be the world's first flight trials of such a system. The UK Civil Aviation Authority's Institute of Satellite Navigation (ISN), ...
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Southern Africa growth
HELIKOPTER SERVICES Group (HSG) has added South Africa's Court Helicopters to its growing portfolio of acquisitions, giving the Norwegian group access to an expanding offshore market in southern Africa. The Norwegian group paid $5.5 million for the initial stake, but has the option to acquire the remainder of ...
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Cathay reduction
China National Aviation (CNAC) has cut its stake in Cathay Pacific Airways in an effort to raise funding for its HK$1.97 billion ($254 million) purchase of a 36% controlling interest in Dragonair. CNAC has sold 90 million shares for around HK$1.26 billion, reducing its Cathay holding from 4.1% to 1.5%. ...
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Finnair warns of slowdown in Europe
FINNAIR HAS WARNED that its financial performance will "decline substantially" this year following signs of a significant economic slowdown in Finland and key European markets. The airline says that it will add no new destinations and maintain capacity at present levels over the year as it prepares for ...
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Thai Citation
Thailand's communications ministry has ordered for flight-inspection duties a Cessna Citation VII, to be fitted with Gull Electronic Systems equipment and delivered in 1997. Cessna's Thai dealer, Corporate Aircraft Services, has ordered a Citation Bravo, also scheduled for delivery in 1997. The agricultural ministry already operates three Cessna Caravans. ...
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Air France joins Air Afrique rescue bid
France has joined with the other state owners of Air Afrique in a bid to prevent the debt-ridden airline from having its fleet repossessed by creditors. Air Afrique has come close to collapse, facing the seizure of aircraft unless it can find cash to service debts of more ...
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France slashes Tiger/NH90 numbers
Gilbert Sedbon/PARISAndrzej Jeziorski/MUNICH FRANCE IS TO CUT its orders for Eurocopter Tiger and NH90 military helicopters by half, according to a recently published parliamentary report. The cuts follow a drastic defence-budget squeeze, threatening 1,000 aerospace jobs and calling into question France's commitment to developing its ...
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South Korea rethinks after China fall-out
SOUTH KOREA is re-assessing plans to develop its civil-aerospace industry, following the final collapse of talks with China on the joint development of a proposed new 100-seat regional jet. Leading Korean Commercial-Aircraft Development Consortium (KCDC) partners, Daewoo Heavy Industries, Korean Air and Sam-sung Aerospace, together with the ...
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Egyptair A321
Egyptair says that it is close to finalising an order for four Airbus A321s, with delivery expected between May and September 1997. The carrier, which operates seven International Aero Engines V2500-powered Airbus A320s, says that it has not made its engine selection for the A321s. A European bank loan has ...
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Boeing prepares to offer 747-500/600MD
Guy Norris/SEATTLE BOEING IS to seek board authority to offer the "Major Derivative" (MD) 747-500/600 in July, but may be forced to extend the development timescale by more than a year to incorporate more advanced technology, at the insistence of its airline advisory group. Boeing ...
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Shuttle launch
The Space Shuttle STS78/ Columbia was launched on the Life and Microgravity Spacelab mission from the Kennedy Space Center, Florida, on 20 June. The science mission, which will be similar to a shift aboard the International Space Station, may last for 17 days, the longest to date in the Shuttle ...
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ValuJet fallout hits FAA
Ramon Lopez/WASHINGTON DC THE FALL-OUT from the 11 May crash of ValuJet Flight 592 in the Florida Everglades has spread across the USA, from Long Beach, California, to the inner circle of the US Federal Aviation Administration. The unprecedented commercial-airline safety probe and subsequent grounding ...
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Nimrod 2000 wins UK MoD approval
THE UK MINISTRY of Defence's (MoD's) Equipment Approvals Committee (EAC) has recommended that the British Aerospace Nimrod 2000 be selected to meet the Royal Air Force's £2 billion maritime-patrol aircraft requirement in preference to two separate P-3 Orion bids from Lockheed Martin. Sources close to the competition say ...
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Crash casualties
THE CRASH of a ValuJet McDonnell Douglas DC-9 in Florida in May is turning out to have an impact far beyond the regrettable loss of 110 lives and an aircraft. That is not because the crash itself was extraordinary (although the coincidence of circumstances which add up to the likely ...
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EU to start talks with USA
Kevin O'Toole/LONDON EUROPE'S TRANSPORT Commissioner Neil Kinnock has won a mandate to start negotiations with the USA, which are expected to lead to a transatlantic open-skies pact, possibly within two years. The mandate was agreed by European Union (EU) transport ministers on 17 June, with ...
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Arise, Sir Richard...
British Aerospace chief executive Dick Evans has received a knighthood in the UK Queen's birthday honours list, for "contributions to aerospace and defence industries". Source: Flight International