All Fleets articles – Page 939
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News
New Garuda boss plans to slash aircraft fleet
The Indonesian Government has appointed Robby Djohan, the new president of national carrier Garuda, as part of a shake-up of the financially stricken airline's board of directors, senior management and operations. Djohan is a relative newcomer to the airline industry, having previously headed Citibank Indonesia and Bank Negara. Observers ...
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Iberia Airbus order
Iberia has firmed up an order for 31 Airbus A320s and 19 A321s, all powered by CFM56s, with options for 26 A320 family aircraft. Deliveries will begin in the second quarter of 1999 and will be completed by 2004, replacing ageing DC-9s and 727s. Source: Flight International
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Asian crisis will cost 150 orders in next five years, says Boeing
Kevin O'Toole/LONDON The still unfolding economic crisis in Asia has had a big impact on Boeing's latest long-term aircraft forecasts, with predictions that the regional downturn will cost 150 aircraft orders over the next five years. Prospects for the launch of a high-capacity aircraft above the 747-400 have ...
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CAG secures its first order for Y-12 Twin Panda
Harbin Aircraft Manufacturing will deliver its first Y-12(IV) Twin Panda turboprop airframe to the Canadian Aerospace Group (CAG) in August for final completion and supplementary type certification, before delivery to a US customer in March 1999. CAG says it has secured the first order for two Y-12s from an ...
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News
Gill sets up Fokker 100s for Air France franchise
Gill Airways is close to completing a deal to take Fokker 100s to enable it to expand its franchise operations for Air France in 1999. The airline is looking to acquire either Fokker 100s or British Aerospace 146/Avro RJs, but says it has a clear preference for the Dutch twinjet. ...
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Workshop
-Gulf Aircraft Maintenance (GAMCO) and Pratt & Whitney Eagle Services have signed a memorandum of understanding to "-further define business arrangements" to incorporate GAMCO into its global engine support operation. -Rotables management specialist Arinmar has signed a three-year agreement with British Aerospace RegionalAircraft to manage the repair and overhaul of ...
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Marketplace
-Air Macau is subleasing an Airbus A320 and five crews to TAP Air Portugal for six months during the period of the Lisbon Expo. The airline, in which TAP holds a 25% stake, has been suffering from falling demand on some Asian routes. -US Airways has accelerated deliveries of its ...
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PAL fights for survival as pilots are sacked and flights slashed
Paul Lewis/SINGAPORE Philippine Airlines (PAL) is drawing up survival plans for a massive shrinkage of its international and domestic operations, after sacking 600 pilots involved in a week-long strike that has brought the national carrier close to financial ruin. Pilots were protesting over plans to force redundancies among older ...
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Garuda is in 'critical condition'
Paul Lewis/SINGAPORE The situation at cash-strapped Garuda Indonesia looks set to deteriorate further, with debts mounting and warnings that the airline could face repossession of leased aircraft. Indonesian state enterprise minister Tanri Abeng has described the airline's condition as "critical", with reports that the carrier has $200 million ...
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News
GPA plans to shed GE Capital
Kevin O'Toole/LONDON GPA could re-emerge from the shadow of GE Capital, with plans to buy out of the agreements signed five years ago when the US finance giant stepped in to rescue the Irish leasing company from near collapse. A memorandum of understanding has been agreed between the ...
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News
Asian crisis prompts Boeing to slow production
Boeing has confirmed that production of the 747 and 777 will slow next year in response to the economic downturn in Asia. The expected axing of some 12,000 jobs is also beginning as the company overcomes the worst of its fraught production ramp-up. Boeing's official production rate announcement for ...
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Crisis spreads to China as airlines make losses
The Asian economic downturn has begun to have an impact on the Chinese air transport industry, with the country's 11 largest carriers announcing for the first time a collective loss of ¥1.7 billion ($206 million) in the opening quarter of the financial year. According to the state-run China ...
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Thai puts aircraft deliveries on hold as financial woes bite
Paul Lewis/SINGAPORE Thai Airways International has been forced to place on hold the delivery of seven new Airbus and Boeing aircraft as it struggles to secure $700 million in financing. At the same time, the state-owned carrier has moved a step closer to partial privatisation with Thai Government approval for ...
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BA demands give Airbus and Boeing delivery headaches
Max Kingsley Jones/LONDON British Airways is entering final negotiations with Airbus and Boeing to acquire its new short haul fleet, but the two manufacturers are having to discuss deals with leasing companies to help them meet the airline's requirements for early delivery slots. The UK carrier is aiming ...
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News
Corsair moves to Airbus from all-Boeing fleet
French charter airline Corsair has confirmed its purchase of two Airbus A330-200s, with Rolls-Royce Trent 700s. The decision in favour of the European consortium was taken, says Corsair president Jacques Maillot, "-because Airbus reacted most quickly" to the request for proposals and "-presented the best financing package". The ...
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News
EGPWS move leads Korean Air safety drive
Korean Air (KAL) is to begin fitting its entire fleet with enhanced ground proximity warning systems (EGPWS), starting in July with the delivery of new Airbus Industrie A330-200/300s and Boeing 777-200/300s. The airline warns, however, that some of its future widebody deliveries may be delayed because of the economic ...
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Ailing Tigers
Anyone still nursing hopes that the Asian downturn would prove to be a short, albeit sharp, shock to the region's once buoyant airline industry, will have struggled to retain their optimism in the face of the extraordinary news pouring out over the past fortnight. Perhaps most ominous was the ...
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Cimber picks ATR 72s in fight to win Danish rail travellers
Julian Moxon/SONDERBORG Danish regional airline Cimber Air is to expand its fleet with the purchase of ATR 72s and, eventually, regional jets. The plan follows the airline's sale of a 26% stake to SAS. The carrier has been linked with SAS since October 1995, operating feeder services into ...
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AirTran assures Boeing of 717 fleet intentions
Boeing's roll-out of the first 717-200 on 10 June was accompanied by public reassurances from launch customer AirTran Airlines that it still intends to buy a fleet of up to 100 aircraft. To date, the AirTran deal for 50 firm orders and 50 options makes up the bulk of the ...
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Xian signs Y-7 deals with five Chinese domestic airlines
Xian Aircraft (XAC) has signed initial sales agreements with five domestic airlines for 11 Y-7-200A passenger aircraft, following recent Chinese airworthiness certification of the improved twin-turboprop development. China's Changan Airlines, Guizhou Airlines, Sichuan Airlines, Swan Airlines, and Zhongyuan Airlines have each signed letters of intent to take two to ...