All MRO articles – Page 586
-
News
Fokker holds talks with potential buyers
FOKKER CHAIRMAN Ben van Schaik says that the company has spoken to some 30 parties potentially interested in taking over all or part of its operations, but is focusing initial negotiations on the "...six or seven" which may want to take on the entire company. He says that ...
-
News
Regional-power battle intensifies
THE BATTLE TO power the embryonic AE-100 regional jet and potential stablemates is heating up following Pratt & Whitney's decision to proceed with development of the PW6000, a turbofan in the 67-107kN (15,000-24,000lb)-thrust range. The PW6000 emerged from the Mid-Thrust Family of Engines study and effectively succeeds a ...
-
News
Aerospace mergers begin to reshape US industry ranking
Kevin O'Toole/LONDON WITH YEAR-END results now in for most of the major US aerospace groups, the effect of mergers and acquisitions are beginning to show through in the industry rankings. Lockheed Martin, as predicted, has pushed ahead of strike-hit Boeing in the world league table, and ...
-
News
Greenwich will acquire Aviall engine businesses
Graham Warwick/ATLANTA GREENWICH AIR Services plans to emerge as the world's largest engine-maintenance group, having signed a letter of intent to acquire Aviall's airline-engine repair and overhaul business. News of the deal, which is being priced at around $260-280 million, came just days after Aviall put ...
-
News
Flightline to take surplus BAe146s
THE FIRST OF 18 surplus USAir British Aerospace 146-200s will soon re-enter commercial service with UK-based Flightline. The UK firm formally accepted the aircraft from USAir Leasing on 5 January. The aircraft, leased via Alpine Aviation, will be used on a London-Switzerland route. Before its acceptance, ...
-
News
Singapore pushes West to support AE-100
SINGAPORE WANTS prospective Western partners to commit to taking a greater stake in the development, production and marketing of China's planned AE-100 regional jet. Singapore Technologies (ST) has signed a memorandum of understanding (MoU) with Aviation Industries of China (AVIC) to take a 10% share in the programme. ...
-
News
Hawaiian rescued
Hawaiian Airlines has completed a $20 million equity-for-stock deal with Airline Investors Partnership and related agreements with major creditor American Airlines to reschedule $10 million in deferred lease and maintenance payments, as well as agreeing with its employees to reduce costs by $5 million annually over four years. ...
-
News
MTU remains shy of BMW R-R merger as hurdles fally
Andrzej Jeziorski/MUNICH DAIMLER-BENZ Aerospace's (DASA's) aero-engine subsidiary MTU Munchen has dampened speculation that it is to be merged with BMW Rolls-Royce. Although the move has not been entirely ruled out, the company says that it is unlikely. Links will be tightened through parts-manufacturing contracts, says ...
-
News
Hunting Aviation
HUNTING AVIATION was inadvertently omitted from Part I of the Flight International Third party Maintenance Directory (24-30 January). UK Hunting Aviation - Aircraft Engineering Division, East Midlands Airport, Castle Donnington, Derby DE74 2SL, UK. Tel: +44 (1332) 813 167 or +44 (1332) 810 910; fax: +44 ...
-
News
Jet Aviation starts innovative version of jetshare scheme
Julian Moxon/GENEVA BUSINESS-AVIATION service provider Jet Aviation has launched its own version of a corporate-jet shared-ownership scheme, aiming to get around some of the problems which have plagued others attempting to enter the field in Europe. The Netherlands-registered Corpavia Club provides members with a part ...
-
News
Knight Air sells routes to expand engineering business
LEEDS/BRADFORD Airport, UK-based Knight Air has sold its four domestic routes and is concentrating on expanding its engineering business. The four routes, to Aberdeen, Belfast, Isle of Man and Southampton, together with Knight Air's two new Jetstream 31s, have been taken over by Manx Airlines Europe and will be operated ...
-
News
CNAC negotiates 737 lease for Hong Kong start-up
CHINA NATIONAL Aviation (CNAC) is understood to be close to finalising an agreement with General Electric Capital Aviation Services (GECAS) to lease a Boeing 737-500 for its planned Hong Kong airline The start-up carrier, to be named China Hongkong Airlines, plans to dry-lease the 737 for five years. ...
-
News
3X Jet patents dissimilar-engine twinjet concept
Graham Warwick/ATLANTA A US patent HAS been granted to 3X Jet for an unconventional propulsion-system concept for twin-engine aircraft. The configuration uses two different-sized jet engines mounted on the aircraft centreline and is claimed to offer reduced operating cost, improved climb performance and range, and increased cruise-altitude ...
-
News
Appointments
British Airways has announced a major management reshuffle. Alistair Cummings becomes chief operating officer and director of profit development and is replaced as managing director British Airways Engineering by Clive Mason. Charles Gurassa becomes director of passenger business, David Holmes assumes the post of director corporate resources and Roger Maynard ...
-
News
Swiss role reversal
Regional operator Crossair has a central role to play in reversing the fortunes of the Swissair group. Mark Odell reports from Switzerland on the wider restructuring of a company trying to redefine itself.Swissair has earned its reputation for quality, sound management principles and solid financial performance as it has grown ...
-
News
Job cuts could hit companies hard
America West Airlines laid off 500 machinists in December following a 736-person cutback last March. As part of its dramatic cost-cutting campaign began, Delta Air Lines let go of more than 3,000 workers. In 1995 alone, Continental Airlines dropped 5,000 jobs from its roster. What is happening? Long attributed ...
-
News
Pakistan to boost SIA?
Singapore Airlines could boost its bottom line by an estimated US$500 million in its current financial year through a major sale of aircraft. Discussions are underway with Pakistan International Airlines over eight Boeing 747-300s, which SIA wants to retire from its fleet of 69 aircraft. It is the ...
-
News
Forging ahead
What could possibly go wrong? Most carriers have achieved a remarkable turnaround from the depression of 1990-1. Traffic has rebounded and capacity is under control, leading to healthy load factors and yields. Unit costs have fallen as workforce cuts and productivity improvements have borne fruit, while fuel prices have remained ...
-
News
95 at a glance
Mark Odell recaps on the highlights of 1995, from the usual share of startups, failures and major equity transactions to commission caps and open skies. January The French government partially opens Paris/Orly to intra-European traffic after complaints to the European Commission from Lufthansa, KLM, SAS and Lauda Air. The new ...