Fleets – Page 1042
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Vietnam Airlines to lease Region A340
VIETNAM AIRLINES is negotiating to lease an Airbus A340 from Region Air of Singapore, in addition to its more immediate requirement for up to nine replacement 150-seat aircraft for its wet-leased Airbus A320s. Region Air is understood to have already ordered one A340 and is considering the ...
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Air New Zealand boosts profits
AIR NEW ZEALAND (ANZ) boosted profits in its first half-year, despite continuing problems with its domestic Boeing 737 fleet and a rapid expansion of capacity on international routes. The New Zealand carrier managed to raise net profits by nearly 60%, to more than NZ$140 million ($89 million) ...
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Beech boosts 1900D production
RAYTHEON AIRCRAFT is to increase production of Beech 1900D 19-seater airliners in 1995 to meet a surge in orders. The company is expected to raise its annual output to around 55 aircraft this year, compared to 50 in 1994 and 45 the previous year. Raytheon declines to be ...
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Lufthansa decides on A319 as successor to 737-200
Andrzej Jeziorski/MUNICH LUFTHANSA IS to order 20 Airbus A319 short- to medium-range airliners to replace its remaining Boeing 737-200s. The airline says that it chose the latest and smallest product of the Airbus stable on "grounds of fleet policy and economics". The decision still requires the ...
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Northwest is to spread out its Boeing deliveries
NORTHWEST will take delivery of 15 Boeing 757s earlier than scheduled, but will delay 25 more and possibly defer delivery of four 747-400s under an agreement with Boeing. Under the pact, Northwest, which now operates 33 757-200s, will take delivery of the 15 additional 757s this year and ...
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Expansionist Air Canada swings back to profitability
AIR CANADA HAS posted its first profit in five years, and chairman Hollis Harris plans to keep the momentum rolling in 1995 with a further double-digit capacity expansion. Group net profits of C$129 million ($92 million) in 1994 mark a dramatic turnaround from the C$326 million loss ...
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US airlines face FDR upgrade task
Guy Norris/LOS ANGELES US AIRLINES will be ordered to undertake major upgrades of flight-data recorders (FDRs) on more than 4,000 aircraft by the end of 1997 if the Federal Aviation Administration mandates a new recommendation from the National Transportation Safety Board (NTSB). Upgrades on 739 ...
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Marshall wins second order for TriStar freighter work
MARSHALL AEROSPACE of the UK is to convert three Lockheed L-1011-200 TriStars to freighters for International Air Leases (IAL), and the company has also negotiated additional options. The deal is the second major TriStar freight-conversion contract for Marshall, which again beat rival Lockheed Aeronautical Services (LAS) for the ...
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Transavia 737 Order
Dutch independent carrier Transavia Airlines is about to place an order for Boeing's new 737-700/800 family. The airline now operates four 737-200s and eight 737-300s, alongside three Boeing 757s. Source: Flight International
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Strong yen aids surge in JLL deals
The Japanese leveraged lease looks certain to stabilise into a more mature product, helped by cautious equity investors. Report by Tom Ballantyne. When aircraft deliveries finally begin to pick up speed over the coming years the Japanese leveraged lease should have evolved into a stable, more mature product. ...
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Once more to the breach?
The clearance for up to 9 million members of American Airlines' frequent flyer programme to sue the carrier over retroactive changes to its loyalty programme could open the flood gates to legal action against US carriers. At the very least, the ruling means a comparable number of United ...
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African risk leased in DC
USAfrica's demise eight months after it started serving Johannesburg from Washington DC exemplifies the extreme risks in starting an international airline in the US. One lesson: American Airlines drives a hard aircraft leasing deal. USAfrica began service in June with two MD-11 aircraft on sublease from American, hoping ...
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Rome divides to conquer
Alitalia's management is increasing the pressure on its pilots for concessions with the threat of expanding wet-leases to cut the cost of its North American operations. Although the initial wet-lease of two B767s from Ansett Worldwide (Awas) can hardly be categorised as union breaking, an internal working document ...
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USAir hit by cabin fever
USAir has started a campaign that will result in a downsized fleet and employee roster. This is even with a $2.5 billion concessionary package that has been tentatively worked out with three of its four contract employee groups, an agreement that, sources say, if finalised could still leave the airline ...
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Blanc plays waiting game
Christian Blanc is playing cat and mouse with more than just aircraft manufacturers. Following the French presidential elections in May some outsiders expect forced redundancies to take place. While Air France sticks to the line that it must follow the plan agreed with the unions last year, financiers ...
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Aria takes assets back
As Aeroflot Russian International Airlines (Aria) prepares to transfer 49 per cent of its stock to employees, the carrier has averted the danger of a break up of its international operations. But while the privatisation plan has been approved, it is unclear when it will be implemented. Under ...
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ILFC may launch V2500 for A319
International Lease Finance (ILFC) is expected to be the launch customer for the International Aero Engines (IAE) V2500-A5-powered Airbus Industrie A319 passenger aircraft. In early January, ILFC placed a $1.5 billion order for up to 40 Airbus aircraft, including eight 124-seat A319s, with options for a further three ...
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All Nippon continues with cost-cutting measures
ALL NIPPON AIRLINES (ANA) has announced further cuts in expenditure and staffing, alongside a drive to boost revenues by 10% through increased aircraft utilisation. The latest cost-cutting drive, which will run over the next three years, comes as part of the second phase of the airline's extensive ...
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Vietnam looks for A320 substitute
Paul Lewis/SINGAPORE VIETNAM AIRLINES IS negotiating for the supply of new Western-built 150-seat passenger aircraft to replace its Airbus Industrie A320s wet-leased from Air France. The carrier operates seven A320s, three of which are due to be returned to owner Air France by the end ...
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MDC will deliver first MD-90-30
McDonnell Douglas (MDC) is to deliver the first MD-90-30 to launch customer Delta Airlines on 24 February, for service entry in early April. Steve Atkins, MDC twinjet-programmes general manager, says that the goal is to have "98.4% dispatch reliability" within the first six months of service. ...