All Strategy news – Page 1087
-
News
P&W and SIA sign engine-overhaul agreement
Pratt & Whitney has signed a preliminary agreement to invest in Singapore Airlines' (SIA) engine service-and-overhaul capability and develop it as a regional joint-venture business. Under the memorandum signed, P&W plans to take a 51% stake in the joint venture, with SIA's engineering subsidiary holding the rest. The ...
-
News
Western Pacific and Frontier plan low-fare marriage
The two Colorado-based independent carriers, Western Pacific Airlines (Westpac) and Frontier Airlines, have announced plans to merge and form one of the largest low-fare operators in the USA after Southwest Airlines. The two airlines lost $21 million between them in the first quarter of 1997 and hope to ...
-
News
Malaysian start-ups plan for expansion
Malaysia's two new start-up carriers, AirAsia and Saeaga Airlines, are negotiating for additional passenger aircraft to serve a planned expansion in regional and international routes. AirAsia is understood to have asked manufacturers to submit initial proposals for a mixed fleet of new aircraft. According to industry sources, the ...
-
News
Sunrock and British Airways place orders with Boeing
Boeing has received an initial order from Irish operating lessor Sunrock Aircraft for seven 737s, worth $250 million, which could lead to a further 13 orders. Based in Dublin, Sunrock is the operating-leasing arm of Japanese institution Nissho Iwai. The initial contract is for two 737-300s and five ...
-
News
MDC creates Asian leasing joint venture to boost sales
Paul Lewis/SINGAPORE McDonnell Douglas (MDC) is hoping to revive flagging sales of its narrowbody-aircraft range, with the planned establishment of a joint-venture leasing company in partnership with Taiwanese interests. Under a letter of intent signed with Taiwan-based Central Leasing, the US manufacturer plans to take a ...
-
News
Sun-Air takes ATPs as step to jet power
Sun-Air of Scandinavia, the Danish regional-turboprop operator and British Airways franchise airline, is to purchase two ex-Seoul Air International British Aerospace ATPs from BAe Asset Management-Turboprops (AMT). The move comes as a result of increasing load factors on the airline's twice-daily Manchester-Billund service, and as part of a long-term fleet ...
-
News
Hopes of Alitalia profit rise with March figures
Kevin O'Toole/LONDON A strong improvement in Alitalia's performance is fuelling optimism that the group could be back in profit this year and that the upturn will ease the way for European Commission (EC) approval for recapitalisation Unofficial figures show that the airline group made a profit ...
-
News
Debonair seeks public listing and own licence
Debonair, one of the new wave of European low-fare carriers, is preparing to raise new capital through an international share sale, and also reveals that it is close to obtaining its own airline operator's licences. The carrier plans to become one of the first UK-based companies to seek ...
-
News
Swiss World aims for long-haul start-up in November
Kevin O'Toole/LONDON Swiss World Airways, the new carrier being set up in the wake of Swissair's removal of long-haul services at Geneva, has announced plans to start flying to North America by November. The airline aims to begin services from Geneva with two leased Boeing 767s, ...
-
News
Changing the differences
Paul Duffy/MOSCOW In common with all Soviet overhaul sites, Factory N402 at Moscow's Bykovo Airport had specific work allocated to it. Until the early 1990s, it was the overhaul centre for most of the world's ageing Ilyushin Il-18 turboprops. The Factory was also the only centre in the ...
-
News
737-800 is favourite in new THY short-haul competition
Max Kingsley-Jones/LONDON Boeing is expected to emerge as the victor in the campaign to supply THY Turkish Airlines with a new fleet of short-haul aircraft, while the decision on medium-capacity aircraft has not been revealed. THY is believed to have selected the next-generation 737-800 over the ...
-
News
Cannon expands on superalloys
CANNON-MUSKEGON is investing almost $5 million to expand its capability to develop and produce superalloys. Its CMSX single-crystal alloys are used in Allison and Rolls-Royce aero-engines. The Muskegon, Michigan-based company says that a new vacuum induction furnace will increase vacuum-melt capabilities, while a new $1.5 million finishing line ...
-
News
Why should Eurotunnel be given financial assistance?
Sir - The recent announcement by Eurotunnel that it is seeking to renegotiate its enormous debt, and that its French shareholders may be disinclined to agree to the banks taking a larger share in return for their co-operation, prompts me to question whether these continuing financial arrangements breach European Union ...
-
News
Crossair receives Saab 2000 Level approval
The Crossair Training Centre in Basle, Switzerland, has been granted final Level D qualification for its Saab 2000 full-flight simulator by the Swiss civil-aviation authority. The system was manufactured by FlightSafety International incorporating visual dis- plays from Hitachi Denshi. The Swiss regional's training centre is the principal school for Saab ...
-
News
Embry-Riddle opens simulation centre
EMBRY-RIDDLE Aeronautical University's Advanced Flight Simulation Centre has opened at its Daytona Beach, Florida, campus, equipped with a Raytheon Beech 1900D full-flight simulator built by FlightSafety International. The centre is a joint venture between Embry-Riddle and FlightSafety, and offers training to airlines as well as to the university's students. ...
-
News
NATCO and BSC to move Cathay simulators
CATHAYPACIFIC Airways has selected Northwest Aerospace Training (NATCO) to move its simulators to Hong Kong's new Chek Lap Kok Airport. NATCO, a Northwest Airlines subsidiary, has teamed with Binghamton Simulator (BSC) to carry out the project. Planning began in June, and the simulators will be moved early in 1999. ...
-
News
Made for each other?
Joint ventures between Western and Central European airlines have mostly failed. Yet the region still has growth potential, and may prove to be fertile ground for meaningful partnerships AndrzejJeziorski/PRAGUE The irony of watching consecutive presentations on successful alliance strategies from representatives of Air France and Czech ...
-
News
Qantas
Australian national carrier Qantas has appointed Tommy Davies (now sales manager for the UK and Ireland) manager for South Africa, based in Johannesburg. Davies, who joined Qantas in 1980, has also been district sales manager and field sales manager in London, UK. Source: Airline Business