All Business Jets articles – Page 664
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News
Raytheon completes Hughes merger
Raytheon has completed its merger with Hughes Aircraft, creating the USA's third- largest defence-aerospace company, with combined annual sales of more than $20 billion. Raytheon paid $9.5 billion for Hughes - $5.46 billion in stock and $4.04 billion in assumed debt. The company has formed Raytheon Systems to combine ...
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Cintra may split control
Under scrutiny from Mexico's Chamber of Deputies and Mexican federal agencies, Cintra, the holding company for Aeromexico, Mexicana, and AeroPeru, is deliberating whether to retain common control or split each airline into a separate company. Pressure on Cintra has been mounting since last May, when it first disclosed plans ...
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Thai privatisation is in prospect for 1998
The long-awaited partial privatisation of Thai Airways International finally looks set to proceed in 1998, spurred by a major Government financial shake-up and the urgent need to raise new capital for the debt-ridden carrier's planned fleet renewal. Thai invited a pre-selected group of finance brokers to a company briefing ...
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Falcon 2000s will swell NetJets fleet
Dassault Aviation has joined the burgeoning aircraft-fractional-ownership market with the $500 million sale of 24 Falcon 2000 business jets to Montvale, New Jersey-based Executive Jet Aviation (EJA) for the NetJets programme (Flight International, 19-25 November). EJA will take delivery of the first ten-passenger Falcon 2000s in the first quarter ...
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Sikorsky begins deliveries of 'all-glass' S-76s
Sikorsky Aircraft has begun delivering S-76 helicopters equipped as standard with a Parker Gull integrated instrument-display system (IIDS). Consisting of three liquid-crystal displays replacing the conventional engine and rotor instruments, the IIDS complements the Honeywell four-tube electronic flight-instrument system which has been standard in the S-76 for some time. ...
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Cost cuts increase hopes for MD-95 production
Guy Norris/LONG BEACH Douglas Products division is optimistic that Boeing will clear continued develop- ment of derivatives and production of the MD-95 in January, after the development of a series of cost-saving initiatives by the manufacturer and its risk-sharing partners. Boeing is due to decide whether to proceed ...
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Alitalia restructures Airbus narrowbody order
Alitalia has completed the restructuring of its A321 orderbook with Airbus Industrie and placed additional orders, which will see the majority of the 27 aircraft now on backlog delivered as smaller A320s. It was revealed earlier this year that the Italian flag carrier was negotiating to re-arrange its outstanding ...
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Bombardier takes over FlexJet
Graham Warwick/WASHINGTON DC Bombardier is to take control of the FlexJet business-jet fractional-ownership programme, which began as a joint venture with US fixed-base operator AMR Combs. The Canadian manufacturer says that fractional ownership has become a key part of its business-aviation strategy. It wants to "-take over the whole ...
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Marketplace
++ Philippine Airlines has agreed to the early return of two Boeing 747-200s to the lessor, Atlas Air. The two aircraft, acquired by Atlas under earlier sale/leaseback deals, were scheduled to be handed back in late 1998 and 2000 but will instead be terminated in January and February 1998. The ...
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News
Reims nears decision on single-engine Cessna assembly
Reims Aviation has still not decided whether it will restart licence-manufacture of Cessna singles for the French market. The company, which has exclusive rights to sell Cessna turboprops in France, says that it is now close to making a final decision, but it "-depends on whether it is better for ...
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Lynton snaps up GEC's Magec
GEC has sold Magec Aviation to UK corporate- aircraft charter and management company Lynton Group, ending more than five months of speculation over the fixed-based operator's future. Completion is expected within 30 days. The UK defence-electronics and power-engineering company began looking for buyers for Magec in July, following its ...
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Challenge launches Omega DC-10 freighter programme
Challenge launches Omega DC-10 freighter programme Challenge Air Cargo is set to be the launch customer for the Omega Air-backed McDonnell Douglas DC-10-40 freighter-conversion programme, with the acquisition of up to five aircraft, starting in 1998. According to company president Bill Spohrer, the Miami-based regional freight operator is ...
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News
Varig converts 737 orders to create Next Generation fleet
Guy Norris/RIO DE JANEIRO Brazilian flag carrier Varig is converting outstanding orders for 14 Boeing 737-300s into Next Generation -700 and -800 models and may eventually buy up to 32 aircraft as part of plans to increase the operational flexibility of its fleet. The bulk of the initial ...
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IPTN outlines programme for N250 approval
Indonesia's IPTN has laid out an ambitious 1,300h flight-certification programme for the N250-100 turboprop over the next 18 months, in an effort to secure European Joint Aviation Authorities type validation. The JAA has held its first technical meeting with IPTN, after the completion of an audit of the manufacturer's ...
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Bedek aims to convert twinjets and seeks co-operation with Boeing
The Bedek division of Israel Aircraft Industries (IAI) is looking to move into the market to convert Boeing twinjets to freighters, and wants to work with the US manufacturer. Boeing is known to be looking at the setting up of an after-market 767 freighter-conversion line alongside that of the ...
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Dornier signs new deal to supply Airbus parts
The Dornier division of Fairchild Dornier has signed a five-year contract with Airbus covering parts manufacture for the consortium's entire product line. Fairchild Dornier says that the contract is worth some DM500 million ($285 million) to the company, and covers the delivery of parts for 1,400 aircraft up to ...
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Bombardier plans to establish Malaysian centre
Bombardier is planning to establish a new Malaysian-based regional service centre to support the growing number of Challenger, Global Express and Learjet business aircraft which are entering service or are on order for Asian customers. In the longer term, it is also exploring the possibility of a regional fractional-ownership scheme. ...
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Malaysia leaseback
Malaysia Airlines has concluded a sale and leaseback agreement with General Electric Capital for six of its Boeing 737-500s. The airline has also signed an agreement to purchase a Boeing Business Jet, making it the first Asian customer for the corporate version of the 737. Source: Flight International
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Additional PC-12
Alpha Flying has added a third Pilatus PC-12 single-turboprop to its PlaneSense fractional-ownership programme, launched in the north-east USA in late 1995. According to the company, the third aircraft is almost fully subscribed and a fourth has been ordered. Source: Flight International
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News
Bombardier enters the frame to replace Horizon Air's F28s
Ramon Lopez/TORONTO Horizon Air has revealed that it is evaluating the Bombardier Canadair Regional Jet (CRJ) family, as well as the de Havilland Dash 8-400, as possible long-term replacements for its fleet of Fokker F28s. The airline is already a major customer for the 37-seat Dash 8-100/200, with ...