Fleets – Page 867
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News
EVA deal boosts 777X launch prospects
Guy Norris/LOS ANGELES Taiwan-based EVA Airways has signed a letter of intent with Boeing for seven 777Xs, helping the programme towards its delayed full launch. EVA had opted for the rival ultra-long-range Airbus A340-500. Although Boeing declines to confirm the deal, EVA's commitment is believed to include four ...
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Airbus lines up huge MAS order
Andrew Doyle/MUNICH Paul Lewis/WASHINGTON DC Malaysia Airlines (MAS) is in the final stages of negotiations with Airbus Industrie on an order for up to 80 aircraft, including 18 A340-500/600 widebodies and up to 62 examples of the A320 family. Industry sources say the aircraft types have been agreed ...
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BA and KLM post third-quarter losses
Chris Jasper/LONDON Frits Njio/AMSTERDAM British Airways has announced third quarter results which suggest it is on the way to a big full year loss, although a rise in yields suggests its new premium passenger strategy is paying off. European rival KLM has posted even poorer figures, but unlike BA ...
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SAS studies candidates for 70-seat regional jet order
Andrew Doyle/COPENHAGEN SAS expects to launch a competition early next year to select a 70-90-seat regional jet family. The carrier requires around 20 aircraft for use on long thin routes, mainly from Stockholm and Oslo. The Scandinavian carrier, which does not operate regional jets, plans to complete a ...
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Air Canada tackles part of Canadian's debts
Air Canada has restructured part of the C$3.5 billion ($2.4 billion) debt owed by Canadian Airlines, with which it is merging, after reaching agreement with GE Capital Aviation Services. The deal, worth "tens of millions of dollars" according to Air Canada chief executive Robert Milton, covers the lease of a ...
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Debis targets Boeing after latest Airbus purchase
Debis AirFinance is seeking to conclude sale and leaseback deals with Classic and Next-Generation Boeing 737 operators as part of efforts to diversify its rapidly expanding aircraft portfolio. The Amsterdam-based DaimlerChrysler subsidiary, meanwhile, has purchased 12 in-service aircraft from Dublin-based Airbus Industrie Financial Services (AIFS), comprising two A340-300s, three ...
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BM acts as US/UK bilateral talks fail
Chris Jasper/LONDON Ramon Lopez/WASHINGTON DC Airlines in the UK and USA are coming to terms with the failure of bilateral air services talks. British Midland (BM) - worst hit by the collapse of negotiations - has responded by filing a joint codeshare application with partner United Airlines that suggests it ...
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Executives to go in Argentine rescue
Guy Norris/BUENOS AIRES Paul Lews/WASHINGTON DC Aerolineas Argentinas' majority owner SEPI will present a new business plan to the Argentine Government to revive the financially ailing carrier. This follows SEPI's rejection of American Airlines parent AMR's restructuring proposal and the removal of key US national managers. The airline's ...
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Fairchild considers new stretch of 928JET
Fairchild Aerospace is considering a stretch of the 928JET as its next addition to the 728JET family, rather than a smaller 55-65-seat version. It won about one-third of new regional-jet business last year, putting the company on a par with rivals Bombardier and Embraer. The proposed 1128JET would extend ...
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Airbus slips delivery plan for A3XX
Paul Lewis/WASHINGTON DC Airbus Industrie is targeting October 2005 for first production delivery of the A3XX-100 if it can muster sufficient market support by mid-year for the consortium's supervisory board to commit to a simultaneous launch offer of passenger and cargo variants of the ultra-large aircraft. The October ...
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Marketplace
Air Alps Aviation of Innsbruck, Austria, has acquired an ex-PB Air Dornier 328-110 turboprop, in a deal arranged by Aircraft Leasing & Management. The deal boosts Air Alps' (which operates as KLM Alps) fleet of 328s to four. Safair of South Africa has placed two Boeing MD-82s with French carrier ...
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Start-up SolAir signs for 328/728JETs
Andrew Doyle/MUNICH Italian start-up SolAir has become the second announced airline customer for the Fairchild Aerospace 728JET, with a letter of intent for two aircraft, plus two 34-seat 328JETs. The Naples-based carrier plans to begin operations with the two 328JETs from next January, serving Barcelona, Paris, Tirana and ...
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In Brief - Asia-Pacific
Cathay orders Cathay Pacific Airways has ordered three more Airbus A330-300s to help cope with current and forecast rates of passenger traffic growth. The Rolls-Royce Trent 700-powered aircraft are to be delivered early next year. JAL sells DHL stake Japan Airlines (JAL) has sold most of its ...
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Lending a hand
JACK SELLSBY LONDON Fuelled by intense competition, financing from Airbus and Boeing, backed by the export credit agencies, is running at record levels. Europe and the USA have been squabbling for years over the support given to their rival civil aerospace champions Airbus and Boeing. With the manufacturers now neck-and-neck ...
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Cargo on-line
PETER CONWAY LONDON A new system aims to bring air cargo into the Internet age. But is the model right for the market? For the past year, former McKinsey consultant Todd Morgan, together with his colleague Doug Ash, ex-managing director of global freight forwarder MSAS, have been touring airline and ...
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Airbus finally takes a lead
Airbus has taken the lead in its long-running annual order battle with Boeing and is drawing level on backlog, but there is still all to play for as the two manufacturers head into 2000. The battle has been fought out for the best part of three decades, but as ...
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Iberian carriers strike alliance deals
BARRY CROSS LONDON Portugal's TAP and Portugália have signed a memorandum of understanding to re-establish co-operation, while Spain's Air Europa is linking with "Wings" . The TAP-Portugália deal, announced in December, revives commercial relations which had been broken off by Portuguese flag carrier TAP 12 months previously. During the summer, ...
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In Brief - Americas
Hawaii gains bilateral rights Washington is inviting foreign airlines to serve Hawaii outside existing bilaterals. Airlines from any country except the UK may now fly to Honolulu and Kona, and from there to the US mainland. Washington hopes these new rights will help boost Hawaii's economy. United e-commerce ...
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Sun Air recovery hopes hit by SAA deal with Safair
ROGER MAKINGS JOHANNESBURG The saga over the liquidation of South African domestic carrier Sun Air has taken a further twist. Liquidators claim to have unearthed a deal between South African Airways (SAA) and leasing company Safair which effectively kills any chance of revival for the defunct carrier. SAA's bid ...
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Finding a new deal
Airline Business looks at the state of finance markets as carriers continue to find innovative ways to keep aircraft liabilities off the balance sheet. A new survey also covers the world's major operating lease companies, including a ranking of the Top 40 groups by fleet value. JACK SELLSBY ...