Fleets – Page 886
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News
In Brief
Vanguard to boost short-haul Kansas-based Vanguard Airlines has signed a letter of intent to lease six Boeing 737-200s from US Airways Leasing &Sales for delivery in the first quarter of next year. By expanding its fleet of 13 737-200s the airline says it will be able to pursue its ...
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Life in the Hot Seat
NICHOLAS IONIDE COLOMBO After a tough year, SriLankan Airlines chief executive, Peter Hill, is confident that the future of the troubled carrier will improve As he takes his seat in the boardroom, SriLankan Airlines chief executive officer Peter Hill has a request: that he is not quoted verbatim. His request ...
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BWIA aims to revive LIAT link
Max Kingsley-Jones/LONDON BWIA hopes to revive plans to link with LIAT on regional services, as the two carriers face up to competition from Air Jamaica-backed start-up Eastern Caribbean (EC) Express. The airline is also poised to cement codeshare links with United Airlines from its hub in Washington Dulles, which ...
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Egyptian start-up expands with A320 acquisition
Egyptian start-up Midwest Airlines is expanding operations with the acquisition of Airbus A320s and planning to launch scheduled operations. Privately owned Midwest launched operations in June with two ex-Air Afrique Airbus A310-300s. Based in Cairo, the airline operates charters between Egyptian tourist destinations and Europe. The airline has ordered ...
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Emirates eyes 120-seater for new regional network
Emirates will shortly start talks with Airbus and Boeing to acquire 120-seat aircraft to launch a network of regional services from its Dubai hub. The carrier is also studying airline alliances, to allow it to decide whether to join a grouping, says Emirates chairman Sheikh Ahmed bin Saeed Al Maktoum. ...
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Marketplace
DHL Worldwide Express is purchasing two Boeing 757-200 freighters for its European and African networks, from Ansett Worldwide Aviation Services (AWAS) in a deal worth over $60 million. The aircraft, one of which is already leased by DHL for its Dubai/Bahrain-Brussels services, will be delivered in January and March. DHL ...
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Lessors raise regional jet interest as demand rises
Andrew Doyle/MUNICH The major leasing companies are stepping up talks with Bombardier, Embraer and Fairchild over potential large orders for regional jets as airline demand for 50- to 100-seat aircraft accelerates. Deutsche Bank-owned Boullioun Aviation Services is being tipped by industry sources as a likely front-runner with a ...
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Southern Air ready to go after DoT vote
Start-up cargo carrier Southern Air has won US Department of Transportation approval to begin operations, but will have to do so without routes from bankrupt Southern Air Transport (SAT). Services will begin next year. The Columbus, Ohio-based company plans to offer aircraft, crew, maintenance and insurance (ACMI) wet-lease services ...
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Tatarstan supports Tu-214 lease scheme
Production of the Tupolev Tu-214 in the Russian republic of Tatarstan is gearing up, following agreements to support production and leasing of the 200-seat twinjet. Meanwhile, local carrier Sibir Airlines is finalising a lease deal for three examples. The Perm and Novosibirsk regions of Tatarstan have signed agreements to ...
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Board poised for A3XX decision
The Airbus Industrie supervisory board is to decide whether to authorise managing director Noel Forgeard to begin soliciting airline commitments for the A3XX at an extraordinary meeting planned for 8 December. If the consortium gets the green light, Forgeard will visit key target customers for the ultra-high capacity airliner ...
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Leasing companies drop 767-400ER commitments after poor demand
Andrew Doyle/MUNICH Guy Norris/LOS ANGELES Leasing companies General Electric Capital Aviation Services (GECAS) and International Lease Finance (ILFC) have dropped their combined orders for seven Boeing 767-400ERs after failing to find sufficient market interest in the stretched twins. ILFC says it has switched its four remaining -400ER commitments for ...
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USA pressures El Al over Airbus buy
El Al is coming under increasing political pressure from the USA to rethink its selection of the Airbus A330, and re-evaluate the Boeing alternative. Last month El Al decided to split its medium capacity fleet order between Boeing and Airbus, ordering three Boeing 777-200ERs and announcing plans to buy ...
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Boeing looks at 757 slowdown
Guy Norris/LOS ANGELES Falling order backlogs are forcing Boeing to study a production slowdown of the 757 earlier than expected next year. Boeing plans to deliver 53 757s next year, and has been preparing to cut the rate from the present five per month to around 4.5. But now ...
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Long-range workout
How has the latest long-range A330 performed since its entry into service? Andrew Doyle/ZURICH Max Kingsley-Jones/LUTON Paul Lewis/WASHINGTON DC In its latest market forecast, Airbus Industrie predicts that 210/250-seaters like the A330-200 will make up one-fifth of the 14,800 new aircraft to be delivered over the next 20 years. The ...
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KAL boss arrested on tax evasion charges
Andrzej Jeziorski/SINGAPORE South Korean police have arrested Korean Air (KAL) chairman Cho Yang-Ho on charges of tax evasion and embezzlement. Cho was arrested on 11 November. Prosecutors have reportedly charged him with evading 62.9 billion won ($54 million)of taxes and embezzling billions of won in company funds. ...
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Marketplace
Singapore Aircraft Leasing Enterprise has firmed up a commitment for 23 more A320 family aircraft, taking the Singapore Airlines/Boullioun Aviation joint venture's Airbus narrowbody orders to 41. The deal includes 20 A320s and three A321s for delivery between early 2001 and 2008. Engine selections have not been announced. Malaysia Airlines' ...
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Workshop
Lease management provider C-S Aviation Services has entered into a five-year tripartite agreement with Air India and Aviation Sales Distribution to perform maintenance on its General Electric CF6-50C2 engines on an exclusive basis. The contract, worth $100 million, stipulates a five-year option to extend the agreement. Air India will perform ...
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British Midland deal helps boost Star's presence at Heathrow
Laura Hailstone/LONDON British Midland (BM) has confirmed its much-anticipated entry into the Star alliance. This follows Lufthansa's acquisition of a 20% stake from partner SAS for £91.4 million ($150 million). The deal, which will see SAS' shareholding reduced to 20%, gives Star more than a quarter of all movements ...
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Falling down
The boom-bust cycle of airliner production is raising its ugly head again in Seattle, but this time it's not the industry cycle that is ringing the alarm bells around Puget Sound. For although Boeing is set to slash rates by at least 20%, it cannot take solace in the fact ...
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Emirates turns class into marketable commodity
Mike Martin/DUBAI Emirates will consider taking a stake in other airlines - as it has with SriLankan - but will not rush into new ventures, Emirates chief director Group Services Gary Chapman said at the show. "We will consider opportunities with our feet firmly on the ground," says ...