MRO – Page 526
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News
Gemini to acquire four of BA's DC-10-30s for cargo role
Max Kingsley-Jones/LONDON Gemini Air Cargo is finalising a deal to acquire four of British Airways' eight McDonnell Douglas DC-10-30s, while the rest of the aircraft are expected to be placed with passenger airlines in the short term. BA's eight DC-10-30s are operated on its long-haul network from London Gatwick, but ...
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China Eastern plans to begin conversions after cargo go-ahead
China Eastern plans to begin converting its fleet of five Boeing MD-11 passenger trijets into freighters from September 1999, following Civil Aviation Administration of China (CAAC) approval to establish a new subsidiary cargo operation. The carrier is understood to be in negotiations with Alenia-owned Aeronavali and the Boeing Aerospace ...
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SilkAir investigations continue as pressure from lawyers mounts
Indonesian and Singapore authorities have indicated that the so far inconclusive investigation into December's crash of a SilkAir Boeing 737-300 is likely to continue for at least a further six months. At the same time, legal efforts in the USA are being stepped up to force Boeing to release information ...
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Uzbekistan Airways takes first production Il-114 turboprop
Uzbekistan Airways has become the first airline to take delivery of an Ilyushin Il-114 turboprop, with the handover of a production aircraft from the Tashkent Aircraft Production factory (TAPO). The airline remains the only firm customer for the type, which first flew in March 1990, and received provisional certification in ...
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Cathay makes history with first loss as public company
Paul Lewis/SINGAPORE Cathay Pacific Airways has posted the first net loss in its history as a public company, as the airline struggled with tumbling Asian traffic and plumetting yields. The Hong-Kong carrier announced a net loss of HK$175 million ($23 million) for the first six months, in stark contrast to ...
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Aeromet to Pacific
US aerospace components group Pacific Aerospace & Electronics has completed its acquisition of UK aerospace castings business Aeromet International in a deal worth $69 million. Aeromet brings annual sales of $49 million. Source: Flight International
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Financial crisis prevents GTK Rossiya carrying out overhaul work
Russia's presidential carrier, GTK Rossiya, is reported to have run out of cash to pay for the engine maintenance necessary to keep much of its fleet airborne. Rossiya, the corporatised carrier which handles Government transport, has eight of its 13 Ilyushin Il-62s and four out of 11 Tupolev Tu-154Ms ...
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Parts partnerships
Paul Seidenman/SAN FRANCISCO Fewer air carriers want to be in the business of stocking and maintaining huge inventories of parts, so they are looking to shift the burden to those companies which supply everything from bearings and seals to engines and airframes. "Until the early 1990s, the industry was more ...
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China Airlines aligns with SIA as it ponders 777 acquisitions
Paul Lewis/SINGAPORE China Airlines (CAL) has reached an internal decision to order a fleet of Boeing 777s, but final board approval remains pending as it weighs the full scope of potential co-operation with newly announced strategic partner Singapore Airlines (SIA). The Taiwanese carrier has in principle selected the 777-200 as ...
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KAL suffers new blow as 747 skids off runway
Korean Air's (KAL) safety record was dealt a further blow when a Boeing 747-400 suffered major damage and passenger injuries on landing at Seoul's Kimpo Airport on 5 August. The incident occurred only days after a high-level flight operations shake-up and as KAL considers a $21.5 million flight operations reform ...
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BM Engineering makes third party breakthrough
BM Engineering has agreed a five-year maintenance support contract with Norwegian start-up charter operator Color Air. The deal represents the company's first third party base maintenance contract since setting up last year as as a separate corporate entity from parent airline British Midland. Color Air has two ex-TACA Boeing ...
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Flying Colours team assumes control after Airworld merger
A boardroom reshuffle resulting from the take-over of UK charter airline Flying Colours by Airworld has seen the departure of two Airworld directors. Flying Colours managers have been appointed to most senior positions, despite the airline being taken over. The move, which follows the June take-over of Flying Colours ...
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Marketplace
-Aer Lingus will take delivery of a new General Electric CF6-80E1-powered Airbus A330-200 in May 2000 on a six-year lease from International Lease Finance, with extension options. -Kitty Hawk Air Cargo has completed conversion of an ex-Middle East Airlines (MEA) Boeing 747-200 combi to cargo configuration at its Oscoda, Michigan, ...
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Celestial Internet
Tim Furniss/LONDON Of all the advances in satellite communications since Telstar, the most interest is being created by the $9 billion Teledesic programme. Now that Teledesic has assembled a powerful industrial team to build and launch its 300-satellite constellation, the project is moving into high gear. Teledesic's copyrighted "Internet in ...
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Wolf captures new managers and reviews 728JET progress
Andrzej Jeziorski/MUNICH John Wolf, the recently appointed chief operating officer of Fairchild Dornier, has shaken up the company's regional jet programmes with new management appointments and a review of the company's approach to the 728JET project. Three new programme managers have been appointed - two of them Wolf's ...
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And now for something . . . completely different
The term 'survivor' may be sorely overused in the airline industry, but it remains the most appropriate description for AirTran Airlines, the product of a merger with the ill-fated ValuJet whose once-bright future ended abruptly in 1996 with a controversial crash in a Florida swamp. Not that there is ...
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Airline revolution gathers pace
When we launched Airline Business magazine 13 years ago, Carl Icahn had just taken over TWA; People Express was looking at acquisitions; Japan Airlines was losing its international monopoly; British Airways, Singapore Airlines and Malaysia Airlines were about to be privatised; Britain and France had signed a new air services ...
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Policy stirs Tata's hopes
With the announcement of a new aviation policy by the right-wing Indian government, the civil aviation ministry has reopened the Tata Airlines file. Tata proposes that foreign institutional investors pay Rs 2.78 billion (US$65.5 million) for a 40 per cent equity stake in the airline, leaving Tata Industries with ...
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Thai unties foreign knot
One year since the flotation of the Thai baht sparked the Asian meltdown, the Thai government has amended the country's 1954 Aviation Act to allow foreigners to control up to 49 per cent of Thai Airways. According to transport and communications minister Suthep Thuagsuban, the move is proof of ...
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Japan's economy faces overhaul
Japan is facing a crisis of historical proportions. The dramatic fall in the value of the yen and the long-term decline in the value of the companies which make up the Nikkei stock market index are simply symptoms of far-reaching changes taking place in the way in which the country ...