Fleets – Page 1003
-
News
ValuJet struggles to fly back into profits
VALUJET REPORTS a net loss of nearly $21 million for the fourth quarter of 1996, its first since restarting operations after the three months' grounding which was imposed in the wake of the Florida crash. The airline warns that there will be more red ink to come in the first ...
-
News
Transaero chooses Boeing and Ilyushin
Transaero's fleet plans over the next ten to 15 years will centre on acquiring a mix of Western and Russian types, including the Boeing 767, next-generation Boeing 737 (-600/ 700/800), and Ilyushin Il-96M, the carrier has announced. The Moscow-based airline expects to introduce the first of the new aircraft "within ...
-
News
Puel revamps Aerospatiale's loss-making maintenance arm
Henri-Paul Puel, the new president of Sogerma has set about a major re-organisation of the loss-making maintenance arm of Aerospatiale, partly blaming poor recent performance on a series of misjudged deals struck before his arrival. The action follows a disappointing year for Sogerma, which saw its net losses ...
-
News
Aircraft news
Emirates has ordered 16 Airbus A330-200s, with options on a further seven, with deliveries of the Trent 700-powered aircraft starting in 1999. Dragonair has ordered one A330-300, scheduled for delivery in late 1998. Croatia Airlines has ordered six A319s, with deliveries commencing in early 1998. ...
-
News
El Al tackles weekend trip
The Israeli government is coming under fierce pressure to lift the ban on flag carrier El Al's operations on the Sabbath. The limitation of a six-day operation is blamed for $50 million of the airline's $120 million loss in 1996 and contributed to last year's shelving of its planned privatisation. ...
-
News
Indian policy is a let down
India's revised civil aviation policy has led to charges of protectionism after it failed to set an investment limit for foreign airlines and airports in Indian carriers. The strategy is being viewed as another setback for Singapore Airlines' planned joint venture with Tata Industries, which remains on hold in the ...
-
News
Competition rules, ok?
The buy/sell slot rules in the US are premised on the simple proposition that the market is better at determining the efficient use of a scarce resource than is an administrative or bureaucratic entity. Competition rules, however, are a different matter and properly the province of governments. To ...
-
News
Growth at a premium
When Salomon Brothers Hong Kong released a report on Malaysia Airlines in late December, it left little doubt that the airline was no gilt-edged investment opportunity. Recommending a 'hold' on the carrier's shares, which put in a weak performance during the carrier's latest financial year, the report's title says it ...
-
News
Latin five set to liberalise
South America's five Mercosur nations are taking a significant if limited step towards open skies in the southern cone. The presidents of Argentina, Brazil, Chile, Paraguay, and Uruguay have inked an accord that would give airlines from those countries the right to launch third and fourth freedom services ...
-
News
Disquiet on the state aid front
The debate over continuing state support to Europe's airlines refuses to roll over and die, just like the concept of the national flag carrier, which lies at its heart. With four cases on Brussels' books, 1997 may yet prove to be a landmark year. The European Commission's scrutiny of ...
-
News
US cracks softest nuts
Hard on the heels of a landmark open skies pact between the US and Singapore, neighbouring Malaysia is poised to sign a similar deal - giving Washington a significant boost in cracking the tough nut of protectionism that exists in Asia-Pacific. The US hopes the breakthroughs will have ...
-
News
Alitalia and Honeywell/Racal to run Aero-1 satcoms trial
Alitalia is to run a single-aircraft trial of new-generation satellite-communication (satcom) avionics intended to reduce call charges drastically. The Italian flag carrier has agreed with the Honeywell/Racal Avionics satcom team to put the Aero-I equipment on a McDonnell Douglas MD-80 once the new service is implemented by Inmarsat - ...
-
News
Qatar finalises fleet renewal plan
Qatar Airways has arranged to lease two Airbus A300s to replace its fleet of Boeing 747s on long-haul services from its base in Doha. The airline, which underwent a major management and strategic revamp late in 1996 (Flight International 11-17 December 1996, P10), will introduce two ex-Garuda Pratt & ...
-
News
Airbus to introduce 'build to order' for A300/A310s
Airbus Industrie is to start producing its A300 and A310 widebody twins on a "build-to-order" basis, in an effort to cut the number of aircraft which are having to be stored before delivery to customers. The A300/A310 firm backlog stands at only 29 aircraft, and the current production rate ...
-
News
Presidential intervention delays American settlement
AMERICAN AIRLINES says that first deliveries of new Boeing aircraft will be delayed after US President Bill Clinton intervened to push any pilots' strike back by at least 60 days. Clinton stepped in minutes after the pilots went on strike on 14 February and appointed an emergency mediation board, which ...
-
News
Manx Airlines selects EMB-145
Manx Airlines has finalised its long-awaited regional-jet order with a contract for up to five Embraer EMB-145s, the first of which will be delivered in June for operation on the airline's British Airways Express franchise services. The airline selected the Brazilian regional jet after a three-way fight involving ...
-
News
Ansett nears final decision in Airbus-Boeing order contest
The battle between Airbus Industrie and Boeing to provide a new fleet of up to 16 large twinjets to Ansett of Australia appears to be drawing to an end, with a decision expected within weeks. The re-equipment project, aimed at replacing Ansett's domestic Boeing 767-200s and its international Boeing 747-300s ...
-
News
Brit'Air order launches Canadair stretched CRJ
FRENCH REGIONAL airline Brit'Air is the launch customer for the stretched, 70-seat Bombardier Canadair Regional Jet (CRJ)Series 700, with a firm order for four aircraft. The Canadian company says that it has options and conditional orders for a further 28 aircraft, plus memoranda of understanding for another 35, ...
-
News
Fokker hopes focus on Malaysian rescue
Fokker's assembly lines face final closure in May, unless administrators running the bankrupt Dutch manufacturer succeed in pulling off a last-ditch rescue plan. Hopes of saving the company centre on talks with a coalition of Malaysian and Dutch investment groups. The latest report from the Fokker administrators says ...
-
News
Greenwich absorbs UNC to create overhaul giant
Greenwich Air Services is poised to make its biggest acquisition to date with agreement to take over UNC. The combined group will become the world's largest independent engine-services operation, with annual sales of around $1.8 billion and more than 10,000 employees. Greenwich chairman Eugene Conese says that the ...