Fleets – Page 1011
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News
Lessors look to go it alone
Leading aircraft lessors are seeking outside capital in unprecedented amounts to fund their aggressive portfolio expansions. Boullioun Aviation Services typifies the new trend. In the past it would occasionally privately place part of a single plane transaction with an outside financier. Otherwise it relied on parent Sumitomo Trust ...
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LOTs of luck at third try?
The management at LOT has got its hands full. Not only is this year crucial for the third attempt at a partial sell-off but the Polish carrier is also introducing five new aircraft, resulting in the biggest single capacity hike ever. After the government blocked the first attempt ...
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Euro access tempts Turks
THY Turkish Airlines is set to split its $4 billion fleet renewal between Boeing and Airbus equipment in a political move designed to aid Turkey's entry to the European Union. The airline announced plans to replace its short and medium-haul fleet in January and competition between the manufacturers ...
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Having fun in Brussels
As Sabena throws itself into revamping its shaky operations it had better remember to watch its back. Both Virgin Express and City Bird are attacking the flag carrier's Brussels base with gusto. The two airlines claim to be revolutionising the services on offer in Europe with a cheap, ...
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Crossair tries back door
Swiss regional carrier Crossair has taken a 35 per cent stake in a proposed French startup carrier, in an attempt to improve its access to the European Union market. Initially, Euro Continental Airways would operate two Crossair Saab 2000s from major French cities to the French sector of ...
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Delta deal fires debate
Delta Air Lines' decision to sign up with Boeing for 20 years prompted analysts to coo their approvals. But one former Capitol Hill veteran worries that this deal will only stoke the antitrust debate over the proposed Boeing- McDonnell Douglas merger. Mike Korens, managing director at consultants GKMG ...
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Digest
Delta Air Lines has extended its SkyMiles FFP to Air France and Korean Air, while British Airways and American Airlines have extended their FFP links. British Airways introduced two daily flights from Manchester to Warsaw and two weekly flights from London/Gatwick to Krakow. In return LOT Polish Airlines ...
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'Prudent' Canadian Airlines defers ten A320 deliveries
CANADIAN AIRLINES International is delaying the delivery of ten new aircraft which it had planned to acquire from Airbus Industrie by 1999. The Calgary-based airline is negotiating with Airbus to reschedule delivery of the A320s, which would have required $394 million in cash or new financing over the ...
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KLM switches to Boeing for 747 SUD freighter-conversion work
KLM has signed a contract with Boeing for the freighter conversion of two 747-200 stretched-upper-deck (SUD) combi aircraft, having previously signed a commitment for Israel Aircraft Industries' (IAI) Bedek division to conduct the modification. KLM values the contract at DFl80 million ($42 million). The two 747-200 SUDs, which ...
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Brit Air agrees 100% franchise arrangement with Air France
French regional airline Brit Air has entered into a 100% franchise deal with Air France which effectively ends the carrier's commercial independence. President Xavier Leclerc stresses, however, that "-we will retain our financial and economic independence". Brit Air saw turnover increase from Fr650 million ($139 million) to Fr760 ...
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Boeing irks Lufthansa with maintenence plans
Lufthansa is threatening to cut back its future orders for Boeing airliners if the US manufacturer goes ahead with plans to enter the third-party airliner maintenance market, in competition with the German flag carrier's Lufthansa Technik subsidiary. Juergen Weber, Lufthansa's chairman, says that any such plans by Boeing ...
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GE move for Greenwich puts plans for China site in doubt
Proposals under consideration by Greenwich Air Services to establish an engine-overhaul-and-repair capability in China have been thrown into doubt by General Electric's planned takeover of the company. Greenwich Air confirms that it has been looking at the possibility of investing in a joint venture in Asia. It adds, ...
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European lead
Europe's flag carriers may be leading the charge into the brave new world of liberalisation, but there are signs that the region's airports, too, are beginning to wake up to some of the new commercial realities of running as efficient businesses rather than as government arms. Airports have ...
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CFMI says CFM56 DACproblem will be solved by July
CFM International (CFMI) expects by July to begin delivering redesigned turbine rear-frames (TRFs) for CFM56-5A/B double annular combustor (DAC) engines on national carriers Swissair and Austrian Airlines Airbus A319s, A320s and A321s. The revised TRFs should finally allow the two carriers to lift artificial flight-cycle limits on the ...
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Canadian order
British Columbia-based Central Mountain Air has ordered ten Raytheon Beech 1900Ds, with options on a further ten of the 19-seat regional twin-turboprops, in a deal worth some $50 million. They will be delivered between April and November and flown on services with Air Canada designators. Slovenia's Adria Airways ...
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Training together
OPINION DIFFERS on how good, or bad, a year 1996 was for the commercial ßight-simulator industry, but manufacturers agree that sales will increase over the next two years before the boom cycle ends in 1999 and business returns to what passes for normal in this dynamic industry sector. ...
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American Eagle returns to AI(R) with order for 12 ATR 72-210s
European regional airline consortium Aero International (Regional) (AI(R)) has signed with AMR subsidiary American Eagle for the purchase of 12 ATR 72-210A turboprops. The deal is seen as being of significance since it represents the return to favour of the type in North America following a slump in ...
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American loses Boeing delivery positions
AMERICANAIRLINES expects to have to retain and fit hushkits to additional Boeing 727s because of the delay in delivery of new Boeing aircraft resulting from the airline's failure to agree a new contract with its pilots. The 20-year, 630-aircraft purchase agreement with Boeing, announced in November 1996, was ...
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US Airways deal under threat
THE DEAL between US Airways and Airbus Industrie for up to 400 new aircraft will expire on 30 September, unless the US carrier is able to win major contract concessions with its workers. The deadline was disclosed for the first time by senior US Airways management during a ...
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Iberia closes in on major order to replace ageing Boeing 727s
Iberia is evaluating Boeing and Airbus narrowbody types as it moves towards placing an order later this year for at least 28 aircraft, to replace its fleet of ageing 155-seat Boeing 727-200s. The Spanish flag carrier says that the order will be divided between aircraft in the 200-seat ...