All news – Page 7465
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Korean Air wins from won's appreciation
KOREAN AIR (KAL) came close to tripling its profits in 1995, although much of the improvement came as a windfall from the appreciation of the South Korean won against the US dollar, in which the airline holds most of its debt. KAL's net profit soared over the year, ...
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Cathay profits leap
Paul Lewis/SINGAPORE CATHAY PACIFIC Airways beat market expectations with a 25% leap in profits for 1995, boosted by higher revenue and improved cost efficiency, but also helped by an accounting change. The Hong Kong carrier turned in a net profit of just under HK$3 billion ...
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FAA forecasts more turbine-engine growth
THE US FEDERAL Aviation Administration is forecasting that the turbine-engined segment of the general-aviation (GA) fleet will continue to make gains at the expense of piston-engined aircraft - at least in the short term. There were about 8,280 turbine-powered aircraft in the USA in 1995, according to ...
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Singapore studies tanker options
Paul Lewis/SINGAPORE SINGAPORE IS considering an offer from the US Air Force to sell it up to four surplus Boeing KC-135s, as a more cost-effective solution to its requirement for a boom-equipped aerial-refueling tanker. A Republic of Singapore Air Force (RSAF) team is understood recently ...
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MEA makes progress - at last
Gunter Endres/LONDON MIDDLE EAST AIRLINES' (MEA) increasingly desperate quest, for a large capital injection to fund a fleet update, appears to be nearing an end, after an extraordinary shareholders meeting approved the move. The recommendation is expected to be ratified, at a General Assembly, called for 17 April. ...
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NASA-sponsored experimental Tu-144 in Moscow roll-out
A MODIFIED TUPOLEV Tu-144 supersonic transport which will serve as the platform for a six-month, high-speed experimental research programme was expected to be rolled-out at Zhukovsky airfield near Moscow, Russia, on 17 March, signaling the start of a co-operative US-Russian flight-test programme. The aircraft, Tu-144LL, will carry NASA-sponsored ...
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Bell to lead AH-1W and UH-1 upgrades
Graham Warwick/Atlanta THE US MARINE CORPS is to award Bell Helicopter Textron a single prime contract to upgrade its AH-1W SuperCobra and UH-1N Huey dynamic systems and AH-1W cockpit in November 1997. Bell will then conduct a competition on behalf of the USMC to select equipment for ...
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Rolls-Royce joins GE-Allison JAST team
Guy Norris/Los Angeles ROLLS-ROYCE HAS formally signed an agreement giving it full participation in the joint General Electric/Allison development of a cruise engine and lift engine for the Joint Advanced Strike Technology (JAST) aircraft programme. GE says, that the long expected agreement with R-R, makes ...
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USA and Italy hold talks on stealthy stand-off missile
Andrea Spinelli/GENOA THE USA AND ITALY are discussing development of a stealthy next-generation standoff missile, dubbed the Ulisee, drawing on technology from the Italian navy's Teseo 3 anti-ship-missile project. A decision on the venture is expected by the third quarter of this year. US and ...
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State-owned Bosnian carrier plans April start
AIR BOSNIA, THE STATE-owned Bosnian start-up carrier which plans to begin operations in April, is seeking an airline partner to help it lease in a small fleet of passenger and cargo aircraft. The airline, set up in 1994 but still awaiting the re-opening of Sarajevo's airport, says that it is ...
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Ansett prepares for ANZ with executive shake-up
Paul Phelan/CAIRNS ANSETT HAS CLEARED the decks for the imminent Air New Zealand (ANZ) buy-in, with managing director Graeme McMahon and two of his senior managers departing in favour of a new ten-member executive structure at the Australian airline. News Limited chief and executive chairman of Ansett Holdings, Ken Cowley, ...
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LOT on fast track
LOT POLISH AIRLINES, virtually trebled profits in 1995, helped by soaring traffic figures - especially on its fast-growing domestic network. The Polish carrier ended the year with net profits of Pzl6 million ($2 million), as passenger numbers rose by 16%, to 1.8 million. Flights to Central ...
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Saab scoops large Mesaba order
SAAB AIRCRAFT HAS beaten Daimler-Benz Aerospace to a major order from US regional Mesaba Airlines. The Northwest Airlink carrier is acquiring up to 72 34-seat Saab 340s, in preference to the Dornier 328, to replace its existing fleet of 26 Fairchild Metro IIIs and 25 de Havilland Canada Dash 8-100s. ...
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Raytheon clinches US missile-seeker deal...
THE US ARMY HAS awarded Raytheon a $9.4 million contract to initiate development for the Patriot air-defence missile of a seeker, which is capable of countering cruise missiles. The Pentagon has earmarked $35 million in research-and-development (R&D) funding for the project in fiscal year 1996 as the first ...
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USMC told to scrap its AV-8B upgrade plans
Ramon Lopez/WASHINGTON DC THE US MARINE CORPS should scrap its $2.2 billion programme to remanufacture 73 day-attack McDonnell Douglas (MDC) AV-8B Harrier II very-short-take-off-and-landing aircraft to the night-attack radar-equipped version, and instead buy new AV-8Bs, says the US General Accounting Office (GAO). The investigative arm ...
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Pena delivers warning to the UK
LONDON HEATHROW Airport could lose its status as the premier gateway to Europe, if the UK Government continues to prevent open-skies bilateral-air-services talks with the USA, US transport secretary Federico Pena has warned. Pena says that success in negotiating liberal bilaterals with European nations, including Germany, allows passengers ...
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MDC outlines five-year plan
Guy Norris/LOS ANGFELES McDONNELL DOUGLAS is studying the launch of three new products over the next 18 months, including a stretched MD-95 and two re-winged variants of the MD-11. Douglas Aircraft vice-president and general manager John Feren says that future milestones already include delivery of ...
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Boeing rethinks its 777-100X
BOEING IS REVISING its options for the proposed 777-100X after admitting that interest in the extra-long-range market appears to be "dormant." The company is now studying a "short body 777-100X for all ranges," as a way of encouraging airlines to use the entire family of 777s and maximising ...
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Auditors force Malaysian re-think on C-130 avionics update
MALAYSIA HAS re-opened its Lockheed Martin C-130 avionics upgrade competition in a move to reduce programme costs and secure an improved deal. Avionics supplier Rockwell-Collins and systems integrator CAE, were originally selected to perform the Royal Malaysian Air Force (RMAF) C-130 upgrade, (Flight International, 4-10 October, 1995). ...
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Chinese missile tests force Taiwan diversions
Paul Lewis/SINGAPORE LARGE-SCALE CHINESE military exercises have forced Taiwan's Civil Aeronautics Administration (CAA) to re-route international air traffic flying from South-East Asia and Hong Kong to the USA, Japan and South Korea. China closed off a 17,000km2 area in the Straits of Taiwan for navy ...