Fleets – Page 930
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Billion-dollar Boeing still a formidable force
Karen Walker Boeing may feel a little beleaguered at Farnborough '98, but it is still a company that can pull billion-dollar orders out of a hat on the show's opening day. Yesterday, the commercial aircraft giant revealed a $900 million order from International Lease Finance and a $230 ...
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UK PM gives support to aerospace industry
Nick Gray In a high-profile show of support for the British aerospace industry, Prime Minister Tony Blair and Trade Secretary Peter Mandelson opened Farnborough International '98 yesterday. "The Farnborough Inter-national airshow serves as a showcase event for the British aerospace industry. That the show receives visitors and exhibitors ...
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Converts to A300 freighter conversions
Andrew Douse CS Aviation Services has silenced critics who said they were crazy to convert Airbus A300s into freighters. Under the international spotlight of Farnborough, the company has proudly delivered of the first of seven Airbus A300 freighters to Costa Rican operator JHM Cargo Express. Earlier this ...
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Oman Air orders its first ATRs
Alan Dron Oman Air is buying two ATR 42-500s and taking options on a further four machines, in a deal worth up to $90 million announced yesterday at the show. Describing his company as "probably one of the world's least-known airlines," general manager Clive Raymond said the carrier ...
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SAS orders first 737-700/800s
Scandinavian carrier SAS has converted recently ordered Boeing 737-600s into orders for "at least 12" 737-700s and 737-800s. This is the first time that the carrier has ordered the larger members of the twinjet family. In July, SAS converted 14 737-600 options into firm orders. Following that order, SAS' ...
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Enhanced GE90 promises boost in performance
Geoff Thomas One of the 'big three' engine builders - GE - is testing an enchanced GE90 for the Boeing 777 with new technologies to increase its on-wing life, fuel burn and thrust. Known at the performance improvement programme (PIP), it will provide the GE90 with an exhaust ...
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Embraer wins further ERJ orders from Continental
US regional carrier Continental Express has confirmed its love affair with the regional jet by turning a further 25 options for the Embraer ERJ-145 into firm orders. The $375-million deal takes Continental Express's total firm orders with Brazilian manufacturer Embraer to 100, comprising 75 of the 50-seat ERJ-145 and ...
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BA order boosts IAE to record heights
As announced at the show yesterday, International Aero Engines (IAE) president and chief executive officer Barry Eccleston is headed for a new career with Fairchild Aerospace. He leaves the engine company on an undisputed high note. Firm and option business won during the last eight months totals $5.7 billion - ...
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Order-rich R-R sees no need for mergers
Geoff Thomas Rolls-Royce chairman Sir Ralph Robins does not see any need for further consolidation between the world's 'big three' engine manufacturers. Speaking at Farnborough '98, he says that there is room for all three companies - R-R, Pratt and Whitney and GE - each having around a ...
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Cathay prepares to 'mothball' last 747-200s
Cathay Pacific Airways says it will be forced to 'mothball' its remaining Boeing 747-200s if it cannot sell or lease them by the end of this year. The Hong Kong-based carrier owns seven 747-200 "Classics", and has been attempting to sell or lease them since March this year as ...
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Rockwell wins in-flight entertainment contract
Rockwell Collins has won a contract to install in-flight entertainment systems on American Airlines' new Boeing 777 fleet. The company will provide its Total Entertainment System (TES) with first deliveries expected in the first quarter of 1999. TES is an advanced in-flight entertainment system which will allow airlines ...
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Qantas to upgrade RB.211 engine fleet
Qantas Airways has become the latest airline to opt for Rolls Royce's up-grade of RB.211-524G engines to the improved -524G-T. Rolls-Royce managing director for airlines, John Cheffins, says engines powering 18 of Qantas's 747-400s, plus spares, will be retrofitted. Cheffins would not give the value of the deal, but ...
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Celebration marks IAE sales milestone
It was large drinks all round at the International Aero Engines stand in Hall 4 to celebrate the delivery to Lufthansa of the 1,000th V2500 engine. Barry Eccleston, IAE president and chief executive officer, was joined by representatives of the companies that make up IAE and Jan Peter Jansen of ...
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Farnborough to celebrate with a record
It is an expression which says that Farnborough '98 can top the record-beating event two years ago which saw $12 billion worth of business announced. Society of British Aerospace Companies director general David Marshall is clearly in an upbeat mood as he tries out the seat of Tiger Moth ...
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New South Korean aerospace firm confirmed
South Korean conglomerates Daewoo, Hyundai and Samsung have agreed to merge their individual aerospace divisions, creating a newcompany to be equally owned by the partners. Park Jong Wook, assistant manager for international finance at Samsung, says a memorandum of understanding has been signed on the establishment of the as-yet ...
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State-of-the-art systems cut costs
Steve Nichols SITA is showing airshow visitors how its latest IT and telecommunication systems can cut aircraft operating costs and increase operating efficiencies. The company (Hall 1, Stand D37) is using Farnborough to demonstrate its AeroNet intranet service and launch its publicly-accessible web site (www.sita.net). Designed as ...
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IAE celebrates 1000th V2500
International Aero Engines will mark the delivery of its 1,000th V2500 engine today in a celebration ceremony at the show. The engine is being delivered to Lufthansa. The ceremony will cap what is proving to be an exciting year for IAE. The company has clocked up six new customers this ...
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Bombardier wins orders of $700m
Mike Martin Bombardier got Farnborough '98 off to a flying start yesterday with two orders worth a total of more than $700 million. The first is for 27 Canadair Regional Jet 200 and 700 series aircraft from Atlanta-based Atlantic Southeast Airlines (ASA) worth $575 million. The second order ...
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Air France and MEA reinforce accord with code-sharing deal
Julian Moxon/PARIS Air France and Middle East Airlines (MEA) have finalised a cooperation accord which will initially see the two airlines operating together on the route between Paris Charles de Gaulle and Beirut. The two airlines are old allies, the French carrier having held a 28.5% stake in MEA ...
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Asiana studies joint venture to boost finances
Asiana Airlines is considering a joint venture proposition from General Electric Capital (GECAS) to sell and lease back its diminishing fleet of Boeing and Airbus Industrie aircraft, as the cash strapped South Korean carrier's parent, Kumho Group, looks for ways to refinance the business. The proposal would involve Asiana ...