All Fleets articles – Page 909
-
News
Air India plans to sell 747-200s in effort to improve revenues
Air India is offering three ageing Boeing 747-200s for sale as the airline attempts to revamp operations and routes to boost revenue. The move means that the airline has backed away from plans to lease two 747-200s to UK aircraft broker Air Charters. Air India had signed a ...
-
News
Crossair chooses ERJ-145 regional jet to replace Saab turboprops
Andrew Doyle/BASLE Crossair has selected the Embraer RJ-145 regional jet to replace its Saab 340 turboprops. It aims to complete negotiations with the Brazilian manufacturer in time for a deal to be announced at the Paris air show in June. The Swiss regional stresses that a final decision ...
-
News
Sting in the tail
After years of economic woes, at least one of Brazil's airlines could disappear by the end of the year. For the survivors, however, long term prospects look brighter Brian Homewood/RIO DE JANEIROBrazilian airlines have survived major financial troubles over the past 15 years, but officials and analysts fear that ...
-
News
Marketplace
Further to last week's report, the three Airbus A320s being acquired by Airtours International German associate Fly FTI are being leased from Japanese Lessor Orix. The Munich-based charter airline is also leasing a Boeing 737. Fortis Aviation has placed two 11-year-old ex-Philippine Airlines Shorts 360-300s on two-year leases with German ...
-
News
Sweden's Novair plans long haul fleet revamp
Swedish charter airline Novair is phasing out its fleet of Lockheed L-1011 TriStar 500s, as it prepares to update its long haul fleet with Boeing 767 twinjets. The wholly owned subsidiary of Apollo, Scandinavia's third largest tour operator, has appointed UK remarketing agent Cabot Aviation to find buyers for ...
-
News
Embraer revels in record year
Paul Lewis/WASHINGTON DC Brazilian regional aircraft manufacturer Embraer says 1998 was the most successful year in its history, after a record net profit of $103 million for the 12 months, compared with a loss of $29.6 million in 1997. Embraer says the improvement stemmed from a 75% increase in ...
-
News
Boeing pledges to enforce get tough policy on loss-makers
Peter La Franchi/SYDNEY Chris Jasper/LONDON Boeing chief executive Phil Condit has warned that 'value-destroying' programmes identified as lost causes will either be "shut down" or sold off. Confirming Boeing's commitment to a zero-tolerance approach to loss-making operations, introduced by new chief financial officer (CFO) Debby Hopkins, Condit says ...
-
News
United polar route launch awaits Russian go-ahead
Paul Lewis/WASHINGTON DC United Airlines hopes to be the first international carrier to launch a non-stop scheduled commercial service between New Delhi and Chicago, via central Russia and the Polar region. The service will start from late October, provided that Moscow gives it the go-ahead. The North American carrier ...
-
News
Airtruck threatened by order drought
Israel Aircraft Industries (IAI) is struggling to launch its planned Airtruck cargo turboprop project, having failed to secure any firm orders for the aircraft. IAI developed the Airtruck to a FedEx requirement for a new turboprop cargo aircraft to replace its Fokker F27 turboprop freighters (Flight International, 20-27 August, ...
-
News
Airbus offers model mix to El Al
Arie Egozi/TEL AVIV Airbus is offering El Al up to 10 A330/A340s as the Israeli national carrier finalises its long-haul fleet renewal plans. A Boeing offer of various widebody twinjets is also being studied, and the airline expects to finalise its selection within the next two months. The Airbus ...
-
News
Air Foyle consortium takes controlling stake in CityJet
Chris Jasper/LONDON A consortium led by UK cargo carrier Air Foyle has purchased a controlling stake in Irish independent airline CityJet for a sum in excess of Ir£5 million ($6.8 million). Sources close to the deal say that it should stabilise Dublin-based CityJet and allow it develop its ...
-
News
Sole A340-8000 may be put up for sale
The one and only Airbus Industrie A340-8000, completed in the middle of last year, faces an uncertain future because of the financial crisis surrounding controversial Brunei Prince Jefri, who placed the launch order. The four-engined jet, an ultra-long-range derivative of the A340-200, has been parked at Berlin's Schönefeld Airfield ...
-
News
Airbus readies for A318 launch
Paul Lewis/WASHINGTON DCAirbus Industrie is on the verge of finally launching the A318 twinjet. At the same time the European consortium has signed Egyptair as a launch customer while engine supplier Pratt & Whitney is pursuing a trade-in deal with Air China to exchange old Boeing 747s for A318 orders. ...
-
News
Marketplace
Ansett Worldwide Aviation Services (AWAS) has taken delivery of the first of five Next Generation 737-700s it has on order, which has been placed with an undisclosed customer in Asia. AWAS is understood recently to have cancelled at least three of its Next Generation 737 orders. TWA ...
-
News
Making a mark
Max Kingsley-Jones/DOHA Qatar Airways has restructured from a low-cost operator to a high-quality international carrier The Qatar government recognised that action was needed to ensure that its capital, Doha, was not isolated as the country's economy grew during the early 1990s. While the nation's shared flag carrier, Gulf ...
-
News
Little relief in taxing times
Jack Sellsby/LONDON Tax law changes have put paid to cheap deals Until the final quarter of last year, potential aircraft purchasers could take advantage of major rivalry in the aircraft finance markets between finance houses and banks in different jurisdictions offering airlines attractive tax-based finance structures. These made financing aircraft ...
-
News
Southwest plans for expansion of non-stop services
Southwest Airlines is to add non-stop services between 20 cities as it continues to take delivery of new Boeing 737-700 narrowbodies. The Dallas, Texas-based low fares carrier expects to take delivery of 29 Next Generation 737s this year, and retire its six oldest 737-200s, taking its fleet to 306 ...
-
News
Emirates' global vision
Max Kingsley-Jones/DUBAI Emirates had a handful of routes and aircraft when it began in 1985 - now it is a major force and is eyeing the A3XX The Past 14 years have been an exciting ride for Emirates. The airline has topped the growth tables for national carriers ...
-
News
Emerging power
Max Kingsley-Jones/MUSCAT Oman Air is embarked on a programme of expansion and restructuring OMAN, on the Gulf's eastern side, rests in the shadows cast by the cosmopolitan regions to its west, such as Abu Dhabi, Bahrain and Dubai. The country has chosen not to follow its neighbours ...
-
News
Credit search
Jack Sellsby/LONDON Financing aircraft can be a nightmare for some airlines and a hazard for lenders Airlines spend billions of dollars on new aircraft deliveries each year, and manufacturers - aided by their ever-willing and export-minded governments - ensure comparable amounts of commercial jets are financed. Airlines with ...