Fleets – Page 878
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News
Higher thrust 777 Trent tested
Guy Norris/LOS ANGELESBoeing is starting certification flight testing of the higher thrust Rolls-Royce Trent 895 turbofan on the 777-200ER, and is preparing to start tests of the General Electric GE90-94B by the middle of next year. Tests of the R-R engine, rated at 93,400lb (415kN) thrust, have focused on the ...
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Sony Trans Com sell-off near
Emma Kelly/SALT LAKE CITYAn unidentified avionics manufacturer, widely believed to be AlliedSignal, is conducting a due diligence review of Sony Trans Com with a view to buying the in-flight entertainment (IFE) supplier from Sony. Sony Trans Com declines to confirm the identity of the suitor, saying only that the company ...
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DHL completes British Airways 757 deal
Max Kingsley Jones/LONDON DHL has concluded its long- running negotiations with Boeing and British Airways for the acquisition of a massive fleet of converted Boeing 757 freighters, and will take the first of 44 aircraft in mid-2001. An announcement was expected on 5 October. Discussions between DHL, BA ...
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Boeing shakes up supplier network
Guy Norris/SEATTLEBoeing has revealed radical plans to forge partnerships with its suppliers, as well as to eliminate others, as part of wide-ranging initiatives to improve overall profitability, reducing costs and cutting cycle times. The revamp forms a vital element of Boeing's plans to boost its commercial aircraft operating margin to ...
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Embraer goes head to head with 428JET
Embraer has launched another version of its rear-engined regional jet range, the 44-seat ERJ-140, squeezing the new offering between the 37-seat ERJ-135 and 50-seat ERJ-145. In a related move that reflects strong anticipated demand for the 40-seat regional jet category, Fairchild Aerospace has selected Israel Aircraft Industries (IAI) to ...
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Iberia prepares to float
The delayed flotation of a 54% stake in Iberia will start in the last week of November, according to the Spanish flag-carrier's chief executive, Angel Mullor. The initial public offering (IPO) should raise Ptas300 billion ($2 billion) for Iberia's parent, the state-owned holding group Sepi. The sale marks the ...
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Vietnam in US link-up deal
The prospect of air links between the USA and Vietnam has strengthened following successful negotiations on a codesharing deal, designed as an interim measure until a full air services agreement is reached. The memorandum was to have been signed in Hanoi early in September during a visit to ...
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Boeing keeps control of outsourcing
DAVID KNIBB SEATTLE Boeing has emerged the winner in its recent negotiations with the International Association of Machinists over the issue of outsourcing. The union had demanded that Boeing give up its right to outsource or subcontract work, a growing concern among Boeing workers worried about job security. Their ...
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JetBlue wins Kennedy slots in low-fares battle
CAROLE SHIFRIN WASHINGTON DC JetBlue Airways has cleared a major hurdle in its attempt to start new low-fare services from New York after being granted key take-off and landing rights at J F Kennedy International Airport by the US Department of Transportation. The agency gave JetBlue a total of 75 ...
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SAA/Sun Air deal seems doomed to fail
ROGER MAKINGS JOHANNESBURG A bid by South African Airways to acquire a controlling stake in domestic rival Sun Air looks set to end in failure. The government is expected to refer the proposed deal back to the shareholders. In August, SAA announced that it had secured a ...
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Is Asia close to a turning point?
Asia's economic woes authored much of the over-capacity appearing on the North Atlantic. Chris Tarry of Commerzbank looks for sings of recovery Over the last few months much attention has been focussed on the current blood bath taking place on the North Atlantic. The conclusion very early on from ...
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UK cargo carriers pin hopes on Europe
PETER CONWAY LONDON UK cargo airlines angry at a controversial government decision that grants new rights to US operators, hope to generate the consensus needed by the European Commission to negotiate broader cargo rights with the USA. In August, the UK Government granted fifth freedom rights out of ...
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European carriers to get no relief
European carriers are still suffering from declining yields and it could be some time before there is any good news. The damage of the weak market conditions is finally showing through in Europe. Results for the last quarter and half year ending June put them hard and cold ...
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Fairchild in hunt for investors after bond offer is scrapped
Paul Lewis/WASHINGTON DCFairchild Aerospace's owners have embarked on an urgent search for new equity investors to underwrite continued development of the 728JET series and 428JET regional aircraft programmes after having to abandon a planned bond offer. Chairman Carl Albert is believed to be negotiating with banks and financiers seeking to ...
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Key 717 deals close as Hawaiian takes 20
Guy Norris/LONG BEACH Boeing is closing on potential major 717 deals with British Airways and US low fare airline Vanguard, following the conclusion of a key deal from Hawaiian Airlines for up to 20 aircraft. "Three or four" orders for up to 50 aircraft are being finalised, says ...
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Air China close to placing A340s on lease with Cathay Pacific
Andrzej Jeziorski/SINGAPORE Air China is on the verge of closing an agreement to lease its three Airbus A340-300s to Cathay Pacific as part of a fleet restructuring move that will also see its Boeing 777-200s removed. Sources in China told Flight International's sister on-line service, Air Transport Intelligence, that ...
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Marketplace
Lufthansa has ordered eight more Airbus A340-300s and three CFM International CFM56-powered A320s for delivery between 2001 and 2004. Options have been taken on a further six A340-300s. Swiss cargo carrier Farnair Europe has acquired three Fokker F27 Mk 500s from TAM Brazil. TACA has taken delivery of the first ...
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Qualiflyer to standardise fleet with Flightlease Airbus deal
Andrew Doyle/MUNICH The Qualiflyer Group of airlines is stepping up its fleet standardisation efforts following an order by GATX Flightlease for 38 Airbus aircraft for delivery between next year and 2006. The SFr2.5 billion ($1.6 billion) deal covers 32 A320 family aircraft - 12 A318s, 10 A320s and ...
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Airports
New Tokyo International Airport, which owns and operates Tokyo's Narita Airport, has applied for Ministry of Transport approval to construct a second runway by November 2001. Construction is expected to begin later this year. The proposed runway would be 2,180m (7,200ft) long, rather than the 2,500m previously planned. The airport ...
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Air Dolomiti focuses on regional jets after Lufthansa share deal
Andrew Doyle/MUNICH Air Dolomiti is evaluating several regional jet types to supplement its fleet of ATR 42s and expects to make a selection "in the near future". The move follows the announcement that Lufthansa is to take a 26% stake in the Italian regional. The Trieste-based airline, which operates ...