All news – Page 7464
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SIA's Indian airline investment clears another major hurdle
Singapore Airlines' (SIA) long-running plan to establish a new domestic Indian airline in partnership with the TATA Group has cleared one major hurdle, with approval from India's Foreign Investment Promotion Board (FIPB). The deal could still be derailed by the country's civil-aviation ministry, however, which plans to ban foreign equity ...
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Polynesian Otter crash
A Polynesian Airlines de Havilland DHC-6 Twin Otter crashed into a hill in stormy weather on its initial approach to Apia, Western Samoa, on 8 January, killing three of the five people on board. According to the carrier's managing director Richard Gates the aircraft, inbound from Pago Pago, American Samoa, ...
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British Aerospace AMJ sees BAe 146 sales rise as markets harden
British Aerospace Asset Management-Jets(AMJ) is targeting further sales from among its 107-strong fleet of leased BAe 146s this year, as the market for regional jets strengthens. AMJ general manager Andrew Davies says that, over the past four years, the organisation has completed its initial aim of re-establishing the ...
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MHS sells support
Malaysian Helicopter Services (MHS) plans to sell its offshore helicopter support operation MHS Aviation to DRIR Equities for a reported M$80 million ($31.7 million) by mid-1997. The announcement follows the recent disposal by MHS of its military-aircraft maintenance company, Airod. Source: Flight International
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Raytheon's TI purchase leaves options open for Hughes bid
RAYTHEON IS TO purchase the Texas Instruments (TI) defence electronics business for $2.95 billion, in a cash deal which is seen as leaving the group's options open for a possible take-over of Hughes Electronics. Northrop Grumman, which itself bid unsuccessfully for TI, is also understood to be sharpening up for ...
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Sabena revives study of off-shore contracts
Sabena has confirmed that it has resurrected cost-saving plans to employ flying personnel on out-of-country contracts. The proposal, which is still under study, would see pilots and cabin crew continue to be based in Brussels, but paid in Switzerland, probably via Sabena's partner Swissair, with the transaction made through a ...
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Czechs approve Vodochody sale
The Czech Government has approved the sale of a stake of around 34% of financially troubled jet-trainer manufacturer Aero Vodochody to a strategic partner. The successful bidder is due to be announced by 2 April. A sale to a foreign investor is not ruled out, although some within ...
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Monkey business
Two monkeys, flies, insects, biological samples and plants, launched into orbit by a Soyuz U booster from Plesetsk on 24 December, 1996, aboard the Russian Bion 11 craft, were due to have been recovered after a 14-day mission on 7 January. Source: Flight International
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Engine plant
Construction has begun of a new Space Shuttle Main Engine Processing building next to the Orbiter Processing building at the Kennedy Space Center, Florida. The engine-processing building is scheduled to be opened in July 1998. Source: Flight International
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Jet services Learjets
Singapore-based Jet Maintenance, part of the Jet Aviation Group, has become the Pacific Rim's first authorised Learjet service centre. Source: Flight International
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US approves 50EX
Dassault received US certification for its upgraded Falcon 50EX business jet on 20 December, 1996. Source: Flight International
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Beechjet GPS cleared
Rockwell-Collins' AMS-850 avionics-management system has been approved for primary-means navigation and non-precision approach, using the global-positioning system, on the Raytheon Beechjet 400A. Source: Flight International
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Croat CL-415
Croatia has ordered a Canadair CL-415 water bomber, for delivery during January. Based at Zadar, the aircraft will be operated alongside two piston engine-powered CL-215s delivered to Croatia in 1994. Source: Flight International
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Socata spares costs
Aerospatiale subsidiary Socata is to continue its two-year-old policy of holding down spares prices throughout 1997, in an effort to reduce the operating costs of its Rallye, TB-series and TBM 700 light aircraft. Source: Flight International
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Buffet completes FSI
Berkshire Hathaway, the investment firm headed by financier Warren Buffet, has completed its acquisition of FlightSafety International (FSI) after winning approval from a majority of the US safety organisation's shareholders. The acquisition, which is valued at $1.5 billion, is being made with a mix of cash and Berkshire shares (Flight ...
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...Barlow builds CCAR
Investment group Barlow Partners reveals that it has built up a 6.6% stake in growing USAir Express carrier CCAIR. The regional airline says it welcomes the move and expects to offer a seat on its board to Barlow. Source: Flight International
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Joint-stars delivery
Northrop Grumman has delivered the second production E-8C Joint Surveillance Target Attack Radar System (J-STARS) to the US Air Force. It joins the first production J-STARS aircraft now flying missions in support of NATO in Bosnia. Source: Flight International
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CALCM upgrade
The US Air Force and Boeing have tested an AGM-86C Conventional Air-Launched Cruise Missile (CALCM) with an improved global- positioning system (GPS). In the test, a CALCM launched from a Boeing B-52H was flown for about 5h before precisely impacting the target area. The demonstration also included a steep-terminal-dive manoeuvre ...
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Lantirn order
The US Navy is to acquire an additional 13 Lantirn targeting pods from Lockheed Martin for use on its F-14 strike fighter fleet. The pods are being fitted to allow the aircraft to be used in a new long-range day/night strike role. Further US Navy orders are expected. ...
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Kfir talks
Ecuador is negotiating the purchase of additional Kfir fighters from Israel Aircraft Industries (IAI). Ecuador is already operating one squadron of Kfir C-2 fighters. IAI has already asked for US approval for the deal. This is needed because the aircraft is powered by a US engine. The fighters are offered ...