All Strategy news – Page 1037
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News
Boeing to flight test 747X wing
Boeing is to flight test a full scale wing modification for the proposed 747X based on aerodynamic changes originally developed by McDonnell Douglas for the MD-11. The company has completed initial windtunnel tests of the change, dubbed the trailing edge wedge, and plans to refine the modification before flight ...
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IAE faces uncertainties after PW6000 launch
The future of the International Aero Engines (IAE) consortium is facing uncertainties in the wake of Pratt & Whitney's launch of the PW6000 and stated intent to develop the follow-on PW8000 in direct competion with the V2500. The go-ahead of the PW6000 for the Airbus A318 has fuelled speculation ...
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GE overhaul network continues to expand
General Electric is continuing the aggressive expansion of its engine overhaul and maintenance network by forming GE Varig Engine Services, a new joint company to be located at the Brazilian airline's Galeao International Airport overhaul site in Rio de Janeiro. The company is being formed through its recently acquired ...
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survey reveals harsh realities of marketplace
Alan Dron If you want to be an airline pilot, don't bother with university. And if you do make it into a cockpit, there is a 33% chance of being unemployed at some time in a given five-year timespan, with the average fallow period being one year. These ...
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Green light for Emerald Isle carrier's alliance bid
State-owned Irish flag-carrier Aer Lingus will take around six months to find an investor and strategic alliance partner after getting the go-ahead for partial privatisation, the Irish Government has predicted. Dublin has given Aer Lingus the green light to press on with efforts to enter a global alliance and ...
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First lessons for pilots
The first class in a new training scheme, implemented as a result of a new agreement between Oxford Air Training School, UND Aerospace and Raytheon Systems, is currently under way. The training, which will take place at UND's facilities in Mesa, Arizona, provides initial training for classes of 10 ...
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MTU plans Chinese venture
MTU and China Southern Airlines are to establish a joint venture that will broaden their range of maintenance activities. The move will strengthen Daimler affiliate MTU's position as a leading independent maintenance provider. Following a feasibility study, the joint venture agreement should be finalised by June 1999 to ...
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New Gulf maintenance base planned
Abu Dhabi-based GAMCO and Oman Air have announced their intention to form a new joint venture company, specialising in regional aircraft maintenance, to be based at Seeb International Airport, Oman. The new company, provisionally titled GAMCO Oman, is due to be launched in January next year. It will support ...
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UPS deal heads $8bn Airbus spree
Karen Walker Airbus Industrie chalked up yet another coup yesterday when it announced two multi-billion-dollar deals and secured a new customer, United Parcel Service (UPS), which has selected the A300-600 freighter for its widebody fleet. Wednesday's UPS order, worth $4.8 billion, combined with a $2 billion order from ...
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Matsushita links with Honeywell in key IFE move
In-flight entertainment (IFE) market-leader Matsushita Avionics Systems (MASC) is to team with Honeywell in a move which promises to alter the evolution of the industry significantly. The agreement marries MASC's leading-edge expertise in creating interactive IFE software operating platforms with Honeywell's communications and data-management skills. It is set ...
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Delta/United alliance dies
Ramon Lopez/WASHINGTON DC The refusal of Delta Air Lines directors to give its pilots a voting seat on the board have scuttled plans for a wide ranging alliance with United Airlines. The strategic alliance proposal included a code-share which had to be approved by pilots' groups represented by the ...
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New Italian airlines gear up for 1999 operations
Marco Messalla/ROME Two new Italian airlines are planning to start operations early next year, reflecting the continuing liberalisation of the country's internal market. Gandalf Airlines is considering purchasing either the Fairchild Dornier 328JET or Embraer ERJ-145 and will announce its decision on an initial purchase of two aircraft ...
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Mesa prepares to incorporate CCAir after stock transaction
Ramon Lopez/WASHINGTON DC Mesa Air Group has signed a letter of intent to merge Mesa Airlines with Charlotte, North Carolina-based CCAir. The two carriers were already linked through the Barlow Investment partnership, which has minority shareholdings in both. The transaction, valued at about $60 million, which includes $15 ...
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Strikes ground North American airlines
Ramon Lopez/WASHINGTON DC Brian Dunn/MONTREAL The first week of strikes by pilots at Northwest Airlines and Air Canada have crippled the two carriers' operations. Estimates put the revenue losses in the two unconnected labour disputes at over $150 million by 5 September. Northwest was the first to be ...
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Tata consigns plans for new Indian carrier to scrapheap
The Tata Group has finally thrown in the towel and abandoned plans to launch a privately owned domestic Indian airline in the face of more than three and half years of government procrastination, as well as repeated changes to its aviation policy. Tata dropped plans to launch the new ...
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Asian crisis bites hard into Chinese airlines
Paul Lewis/SINGAPORE Asian economic woes have finally begun to catch up with the Chinese air transport industry, with the country's two largest carriers China Southern Airlines and China Eastern Airlines sliding into the red in the first half of 1998 as the result of growing overcapacity and deteriorating yields. ...
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SAirLines buys into Italian charter airline Volare
SAirLines, the airline division of the Swiss SAir Group, has bought a 34% stake in Italian charter carrier Volare. The shareholding was acquired on 28 August as part of a capital increase by the Italian airline. The Swiss company says this will provide its own charter carrier Balair/CTA with greater ...
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Lucas Aerospace offers airline a New Deal
Lucas Aerospace has signed an innovative 10-year spares deal with Trans States Airlines that will see the US regional carrier buy access to spare line replacement units (LRUs) for Embraer ERJ-145 regional jets. The contract, whose value has not been disclosed, covers the nine ERJs ordered by St Louis-based ...
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Varig service base taken over by GE
Geoff Thomas American engines giant GE is further expanding its overhaul and maintenance network by taking over Brazilian airline Varig's facility in Rio de Janeiro. GE will own 95% of the new company - to be called GE Varig Engine Services - while the original owner will retain ...