All news – Page 7447
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Atlas Air to sell shares
US cargo carrier Atlas Air plans to sell 3 million shares to help pay for six Boeing 747-200s to be purchased from Thai Airways International. The sale will reduce chairman Michael Chowdry's stake by 6.7%, to 63.5%. Source: Flight International
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Textron buys Valois
US company Textron has completed the acquisition of French fastener manufacturer Valois for $120 million, plus the assumption of $130 million in debt. Paris-based Valois had 1995 revenues of $435 million. Source: Flight International
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Continental repays debt
Continental Airlines has repaid almost $260 million in debt to its largest creditor, including a prepayment of $210 million, and negotiated more-favourable terms on most of its remaining debt with the creditor. Source: Flight International
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Cambodian expansion
Royal Air Cambodge (RAC) has signed an agreement to lease a third ATR 72 turboprop from June. The move follows recent threats made by the Cambodian Government to revoke RAC's monopoly, unless the flag carrier acquired more aircraft and improved its services. RAC was relaunched in January 1995 as a ...
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Vienna expansion
Vienna's Schwechat Airport has opened a new terminal, pushing capacity up to 12 million passengers. The addition of the Pier West terminal follows a record 1995 for the Austrian airport, reporting passenger growth of 10.6%, compared with the previous year, to top 8 million passengers for the first time. Airport ...
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Saudi selection
Saudi Arabian Airlines has selected Honeywell/Racal multi-channel satellite-communications systems for 23 Boeing 777s, five 747-400s, 29 McDonnell Douglas MD-90s and four MD-11s on order. The systems will provide cockpit and cabin communications. Source: Flight International
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Fokker talks
Negotiations, between a group of Russian companies led by Yakovlev and Tupolev, over the possible purchase of Fokker, continued during the first week of April, with a visit by Russian executives, to the Dutch aircraft makers plant. Yakovlev general designer Alexander Dondukov says agreement could be reached by the end ...
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Swift action
Australia's newly elected government has ordered swift action to remove the chronic air-traffic bottleneck at Sydney's Kingsford Smith (KSA) Airport, and boost its capacity by about 25%. Movements on KSA's intersecting east-west runway 07/25, whose approaches over-flew the electorates of two ex-government members including former transport minister Laurie Brereton, will ...
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Sheffield Airport
Amsterdam and Paris are the most likely destinations for scheduled services when Sheffield City airport opens late in 1997. Plans for the privately funded airport are expected to be unveiled on 9 May. The northern English city of Sheffield, reputedly, the largest in Europe without an airport, was to have ...
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Third success is achieved for Shuttle-Mir programme
THE SPACE Shuttle STS76/Atlantis landed at Edwards AFB, California, on 31 March after the successful third Shuttle Mir Mission (SMM). The Atlantis, launched on 22 March, docked with the Russian Mir 1 space station, delivering US astronaut Shannon Lucid to the station to undertake a 143-day flight ...
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First replacement GPS satellite launched
McDONNELL DOUGLAS (MDC) launched the first replacement Navstar global-positioning satellite (GPS) into orbit aboard a Delta 2 from Cape Canaveral in Florida on 27 March. The launch demonstrated MDC's capability to support the 24-satellite operational constellation which could become an industry-standard for air navigation and other civilian applications, ...
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Alpha will host anti-matter experiment
NASA AND THE US Department of Energy (DoE) have agreed to fly an anti-matter experiment on the Alpha International Space Station. The experiment will be developed by a team led by the Massachusetts Institute of Technology. The DoE-sponsored state-of-the-art Alpha Magnetic Spectrometer (AMS) physics experiment will look for ...
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Land Mobile
Italy's Italsat 2 communications technology satellite, to be launched on an Ariane this year, will be fitted with the European Space Agency's Land Mobile Services L-band payload, providing services to car or truck mobile user in Europe and North Africa. The service will be leased to Italy's Nuova Telespazio for ...
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Robinson design cleared by NTSB
A SPECIAL US National Transportation Safety Board (NTSB) investigation has exonerated the Robinson R22 and R44 light helicopters of suspected design defects, but it recommends that tougher flight-training requirements remain in force. The ruling comes after an investigation which started in 1994 after a series of fatal ...
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United plans to launch all-cargo service to Asia
Graham Warwick/ATLANTA United Airlines plans to launch an all-cargo service between the USA and Asia, using four McDonnell Douglas DC-10-30 freighters. Approval is being sought for six flights a week in both directions between Tokyo, Osaka, Taipei and Manila and New York, Chicago, Los Angeles and San ...
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Israeli-Chinese Venture
China National Aero-Technology Import and Export (CATIC) and two Israeli companies have formed the Beijing Catic-Azimuth Electronics joint-venture, the first producer of global-positioning-system equipment in China. Source: Flight International
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Reno adds to MD-90s
Nevada-based Reno Air plans to add a third McDonnell Douglas MD-90 to its fleet in 1997, having inaugurated services with its first two MD-90s on 4 April. Final negotiations over the third twinjet were under way on 2 April as Reno introduced its "Orange County Flyer" service to ...
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Egypt plans to buy additional F-16Cs
Egypt is to buy an extra 21 Lockheed Martin F-16Cs to complete the re-equipment of two airbases. A letter of request has been received by the US Government. Authorisation for the deal is expected by the end of May, enabling deliveries to begin in 1999 and continue into 2000. ...
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Extra 200 is flown for first time
Andrej Jeziorski/DINSLAKEN German aircraft manufacturer Extra Flugzeugbau has flown its newest sports aircraft, the Extra 200. The maiden flight from the Dinslaken factory took place on 2 April, with company founder Walter Extra at the controls. Extra says that he is satisfied with his latest product. ...
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Sabena introduction
Sabena began operation of the Airbus A340-200 on 31 March, replacing a Boeing 747-200 for its Brussels-New York service. The Belgian airline, a launch customer for the A340, dry-leased its five aircraft to then-shareholder Air France. Now only four aircraft are being returned as their leases expire - the fifth ...