All Fleets articles – Page 897
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News
Spoiling tactics
When Boeing concluded its recent trade-in deal with Singapore Airlines (SIA) for 10 more 777s in exchange for a guarantee to buy and remarket its entire A340 fleet, the move seemed as capricious as it was masterful. But, with arch rival Airbus Industrie putting the finishing touches to a ...
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SIA plans spending spree on shares
Singapore Airlines (SIA) is planning to spend up to S$1 billion ($586 million) on a share buy-back that may signal a departure from the carrier's strategy of directing its capital reserves towards airline purchases. Cash-rich SIA has in the past year pursued stakes in China Airlines, South African Airways, Thai ...
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Marketplace
Gandalf Airlines, based in Bergamo, Italy, has taken an ATR 42 on wet lease from Gill Airways for operation on services from Bergamo to Munich and Zurich. The deal was arranged by Cabot Aviation. China Airlines has signed a wet lease with Atlas Air for two 747-400 freighters. Singapore Airlines ...
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KAL gears up for freighter fleet overhaul
Andrzej Jeziorski/SEOUL Korean Air's (KAL) cargo division is undertaking a rationalising and renewal of its freighter fleet and has wet-leased an Atlas Air Boeing 747-400F as it boosts transpacific frequencies. According to KAL, the Atlas deal was restricted by local regulations to two weeks from mid-July, after which the lease ...
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Alberta gets Phoenix FanJet go-ahead
Kate Sarsfield/LONDON Alberta Aerospace (AAC) has been given the green light by a Belgian court to proceed with certification of the Phoenix FanJet. This follows a protracted battle with former investors in bankrupt manufacturer Promavia over the rights to the single-engined aircraft, formerly known as the Promavia Jet Squalus. ...
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Jetphone hangs up on airline market
Emma Kelly/LONDON In-flight telephone service provider Jetphone will cease operations on 31 December following a lack of demand by airline passengers for in-flight telephony. Jetphone is in discussions with its airline customers on service cessation, which will leave Europe without a terrestrial flight telecommunication system (TFTS) service provider following ...
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Airbus plans to thwart Boeing's SIA deal
Andrew Doyle/MUNICH Airbus Industrie has drawn up a confidential business plan aimed at frustrating Boeing's efforts to remarket 17 A340-300s it is to acquire from Singapore Airlines (SIA)as part of a recent 777 deal. The consortium declines to comment on the plan, but a source familiar with its contents says: ...
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Air Wisconsin aims to trade turboprops for regional jets
Paul Lewis/WASHINGTON DC Air Wisconsin wants to trade in its Fairchild Dornier 328 turboprops for new 32/44-seat regional jets, while playing down interest in the British Aerospace Avro RJ-X in the face of United Airlines' scope clause restrictions. The United Express carrier is evaluating the newly certificated Embraer RJ-135 ...
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Airbus expects Asian order bonanza after recovery
Andrzej Jeziorski/SINGAPOREAirbus Industrie is predicting that Asia's airlines will order 4,300 passenger aircraft worth $450 billion over the next two decades as the Far East renews its economic growth. Adam Brown, Airbus vice-president, forecasting and strategic planning, says signs of recovery in the Asia-Pacific market will appear by the second ...
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DHL poised to take British Airways 757s
Max Kingsley-Jones/LONDON British Airways is in final negotiations with express package specialist DHL for the sale of almost half of the UK airline's Boeing 757s, with a deal expected to be concluded in the coming months. The transaction, valued at around $500 million (including conversions), would give Boeing a launch ...
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Boeing expects imminent order spree for 717s
Boeing is in "detailed discussions with half a dozen airlines" over new sales of the 717-200, following its recent European tour. The manufacturer says it is confident that the twinjet's orderbook will be doubled, to over 200 aircraft, by the end of the year. The tour revealed good sales ...
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50 years ago...
As Airbus fine tunes its A3XX design, the world celebrates a half century of jet travel On Wednesday 27 July, 1949, the world's first jet airliner, the de Havilland (DH) 106 Comet, made its first flight from Hatfield airfield, just north of London. That historic half an hour trip marked ...
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Pan Pacific plans for Let L-420 flights to small US communities
Graham Warwick/WASHINGTON DC Pan Pacific Airways' plans to serve small communities in the north-western USA are back on track after the company agreed to acquire Czech-built Let L-420s. An aircraft arrived in mid-July to enable training to begin. Burlington, Washington-based Pan Pacific hopes to begin operations by year-end. Chairman and ...
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Novair nears A330-200 lease deal to replace TriStars
Swedish charter airline Novair is finalising a deal with International Lease Finance for two Airbus A330-200s to replace its Lockheed L-1011 TriStars. The airline, a wholly owned subsidiary of Scandinavia's third largest tour operator, Apollo, has been negotiating for a new long- haul aircraft for several months as it ...
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MD-10 speeds up as passenger version is studied
Boeing is talking to potential customers about developing a passenger version of the MD-10, as it considers accelerating the cargo-led programme by up to three months. US express carrier FedEx is so far the only customer for the MD-10 conversion of the DC-10, with orders and options for 120. ...
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Marketplace
Cathay Pacific has signed a short-term, wet-lease agreement with Atlas Air for a single Boeing 747 freighter. The deal is the airline's first with the US freight leasing specialist. Denver-based Frontier Airlines has leased two ex-Winnair 737-200 Adv for 51 months and an ex-TACA Boeing 737-300, all from Swedish lessor ...
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Gemini set to double cargo capacity
Gemini Air Cargo plans to double the number of freighters it operates by the end of 2000 from nine aircraft. The increase is the result of major US investor The Caryle Group acquiring a majority stake in the carrier. "Caryle will be an excellent financial partner in the next ...
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New York start-up strikes blue note
JetBlue Airways is the name selected by New York-based US start-up New Air, formed by Morris Air founder David Neeleman. Backing worth $125 million in capital is coming from US-based entrepreneur George Soros, through his company Private Equity Partners Fund, and Weston Presidio Capital and Chase Capital Partners. The ...
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Atlantic seeks to end limit on regionals jets
Atlantic Coast Airlines (ACA) is pressing United Airlines for unlimited use of regional jets under 50 seats as it places a conditional order with Fairchild Aerospace for up to 110 328/428JETs to replace British Aerospace Jetstream 32 and Jetstream 41 turboprops. The United Express carrier wants to phase out ...
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Airbus keeps up pressure on Boeing by taking bulk of orders
Max Kingsley-Jones/LONDON Airbus Industrie took two thirds of the 350 orders placed during the first half of 1999, providing further agony for Boeing as it works to improve its financial situation. Official figures from Airbus show that 234 firm orders were taken between January and June, against 120 ...