All Fleets articles – Page 954
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News
Regional brinkmanship
Graham Warwick/WASHINGTON DC Brazil and Canada have been brought to the brink of a trade war by a dispute between Bombardier and Embraer over alleged Government subsidies for regional-jet development and sales. Now, representatives of the two countries have until the end of February to resolve the dispute, which threatens ...
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Boeing weighs up crisis in Asia
Graham Warwick/WASHINGTON DC Boeing expects to deliver 60 fewer aircraft, mainly 747s and 777s, to Asian airlines over the next three years, because of the region's economic downturn. The revised forecast implies the near-term cancellation or deferral of orders in hand from Asian airlines, but the company has yet ...
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American chooses GEC HUD
Ian Sheppard/LONDON American Airlines has selected GEC-Marconi Avionics to supply its HUD 2022 head-up-display (HUDs) system for 75 new Boeing 737-800s the carrier has on order. The contract secures the UK company's place as a leading supplier of civil HUD systems for the Next Generation 737 family alongside ...
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Wexford agrees to acquire US regional
US Airways Express carrier Chautauqua Airlines is to be acquired by US investment firm Wexford Aviation, which plans to place some of its recently ordered Embraer RJ-135 and RJ-145 regional jets with the Indianapolis-based airline. Greenwich, Connecticut-based Wexford has agreed to acquire 100% of privately held Chautauqua, which had ...
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Emirates nears A340 decision
Ian Sheppard/LONDON Emirates Airlines is preparing to make a decision on its long-awaited requirement for ultra-long-range aircraft. The airline signed a letter of intent (LoI) with Airbus for up to A340-500s in November 1997, but has kept the manufacturer waiting because of Boeing's last-minute attempt to meet performance demands ...
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Latin carriers link for A320 deal
Three major Latin American carriers, TAM of Brazil, TACA Group of El Salvador and LanChile, are in final negotiations with Airbus Industrie to place a joint order for up to 130 A320-family aircraft. The deal should be concluded by March. LanChile confirms that it has already signed a letter ...
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Airbus urges AE31X speed-up to compete with Boeing 717
Paul Lewis/SINGAPORE Airbus Industrie and its Chinese and Singapore partners are discussing speeding up development of the proposed smaller AE316 member of the planned AE31X family of regional aircraft, in response to Boeing's relaunch of the former MD-95 twinjet as the 717-200. It is understood that Airbus Industrie Asia (AIA) ...
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Qantas and Virgin compete for Cathay's surplus 747-200s
Paul Lewis/SINGAPORE Cathay Pacific Airways has entered into detailed discussions with Qantas of Australia and Virgin Atlantic Airways to sell its fleet of seven surplus Boeing 747-200 passenger aircraft. Qantas is also being offered an interim development of the proposed 747-400 increased-gross-weight (IGW) variant by Boeing to meet the carrier's ...
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CFMI takes lion's share of 1997 orders
Guy Norris/LOS ANGELES The General Electric/ Snecma alliance CFM International (CFMI) won orders for 1,314 CFM56 engines in 1997, selling more for 100-seat-plus aircraft than all other large-civil-engine manufacturers combined. Although there is some dispute over the exact figure for the year, with some independent analysts claiming that ...
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Aircraft News
Virgin Atlantic has ordered eight Airbus A340-600s with eight options, while Lufthansa has ordered 10 A340-600s. Swissair has ordered six A330-200s and one A321 for delivery in 1999 and 2000. Leisure International Airways has ordered two A330-200s. Olympic Airways has ordered two A340-300s, plus two options, for ...
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Lufthansa say in SAA?
Roger Makings Lufthansa is set to enter the fray for a stake in South African Airways' partial privatisation, due to be finalised by October this year. Lufthansa had consistently denied that it was interested in buying into SAA, saying acquisitions were 'not its style - we prefer to ...
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French stick over partner
Doug Cameron Investment bankers are sharply split over Air France's ability to secure a strategic airline investor and Air France's advisers have retreated from supporting a trade sale after the collapse of its planned Alitalia agreement. Air France plans an equity issue of FFr18 billion (US$2.9 billion) in ...
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Higher US fares are hitting home
As US domestic fares continue to rise, more business travellers are making concessions in order to obtain lower fares, or are switching to low-cost carriers. Report by Karen Walker. The New Year had barely been rung in when both American Express and the US Department of Transportation confirmed what most ...
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Iberia faces inquisition?
Doug Cameron Iberia is courting trouble with the Spanish competition authorities after reaching agreement for a franchise deal with its main domestic competitor, Palma-based Air Europa. Iberia suffered capacity shortages during 1997 and was forced to wet lease a variety of aircraft, resulting in a fall in service ...
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Going Dutch on Italian job
Doug Cameron Alitalia can breathe a sigh of relief after securing KLM as a European partner, as KLMlooks forward to its network being boosted. Alitalia rejected Swissair and Air France as possible partners and signed a memorandum of understanding for a broad-based alliance with KLMon 18 December. For ...
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Garuda in dire straits
Tom Ballantyne Reeling from a freefall in its local currency which has blown up debt, Jakarta's state-owned flag carrier Garuda Indonesia may face bankruptcy unless it auctions off assets. The country's economic collapse, coupled with a string of accidents including a major crash last September in which 300 ...
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Cheap thrills with no frills
Lois Jones Low-cost startups are beginning to looking extremely vulnerable as more majors launch low-cost subsidiaries, ignoring the argument that the independent players should instead be left to satisfy the demand for low fares in underserved markets. By Lois Jones. To your corners, please. To the left of the ring ...
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No more red China blues?
Tom Ballantyne China's airlines are getting their first taste of capitalism as the country's carriers drastically slash their air fares and liberalisation hits the region. The Civil Aviation Administration of China has given its 27 CAAC-approved airlines the go-ahead to cut prices by up to 40 per cent ...
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Asia's crisis: a rude awakening
Asia's financial crisis is now threatening to start another global airline recession. What goes up must come down. Of all people, participants in the aviation business should understand this most basic phenomenon. After all, the one certainty of every flight is that gravity will bring it down eventually. All that ...
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Asia's new era
Asia's economic turmoil is going to accelerate long-term structural change as the carriers in the region respond to the challenges. Doug Cameron looks at the impact on aircraft renewal, funding, alliances and liberalisation. Asian executives must be wondering what other calamities fate can possibly have in store for them. ...