MRO – Page 531
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Fairchild Dornier outlines financing plans for 728JET
Graham Warwick/WASHINGTON DC Fairchild Dornier says "up to $350 million" of the $850 million required to develop its 728Jet 70-seat regional jet "-is already on the table" from potential risk sharing partners and equipment suppliers. President Jim Robinson says risk-sharing suppliers of the wing, fuselage and empennage would ...
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Hyundai challenges for S Korea lead
Hyundai Space & Aircraft has formally opened its new Seosan aerospace manufacturing plant, in move that is being widely interpreted as a challenge for the leadership of South Korea's fragmented aviation industry. The South Korean conglomerate marked the opening of the 700,000m² (65,000ft²) plant with the completion of its ...
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Eurojet targets 1999 EJ200 approval
Andrzej Jeziorski/MUNICH Eurojet is planning to certificate its EJ200 turbofan engine for the Eurofighter EF2000 by the end of November 1999, and is preparing for ground and flight testing of the engine's production version from March next year. The company says it will introduce the 03B version of ...
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FLS retreats from Team Aer Lingus plans after workers rejection
Kevin O'Toole/LONDON FLS Aerospace has shelved its acquisition talks with Team Aer Lingus, after workers at the Irish aircraft maintenance unit voted against a deal. The Danish group says that it is prepared to revive the bid, if workers have a change of heart, and will meanwhile continue to ...
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China seeks foreign cash
David Knibb Zhu Rongji may be starting cautiously as China's new premier, but his pro-market plans are clearly visible in recent aviation initiatives. Beijing is cutting its own spending as the Civil Aviation Administration of China considers whether to allow more foreign capital in airlines and how to attract ...
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How does your airline grow?
Tom Barkin and Todd Morgan With most airlines failing to deliver satisfactory shareholder returns over the full business cycle, it is essential to look beyond the core business for profitable growth. But seeking out and exploiting the best opportunities is not easy. Airlines need to combine their unique capabilities or ...
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NW finds a PAL
Northwest Airlines is discussing buying a stake in Philippine Airlines. Under Philippine law, PAL could sell up to 40 per cent to foreign investors. PAL is also studying a spin-off of several departments, including engineering, and negotiating a maintenance joint venture with Lufthansa. Source: Airline Business
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Arab carriers plan joint handling
Ian Goold/TUNIS Airlines in the Middle East and North Africa are planning to work together to cut costs. The carriers, which include the national airlines of Egypt, Jordan, Kuwait and Saudi Arabia, will begin with a pilot scheme for a joint handling operation at the UK's London airports. ...
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Lufthansa eyes 747-400 freighter
Shahe Ouzounian/FRANKFURT Lufthansa Cargo says it will need to replace its fleet of Boeing 747-200Fs early in the next decade, with the 747-400 freighter the prime candidate, even though the German operator considers the aircraft "too expensive". Wilhelm Althen, chairman of the executive board, says that its fleet ...
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Fresh funds promise brighter prospects for Ilyushin II-114
Alexander Velovich/MOSCOW The future prospects of the Ilyushin Il-114 have improved after a deal to fund production of the 64-seat twin turboprop and the creation of a consortium to market and develop the aircraft. Ilyushin has signed a letter of intent with Incombank, one of the leading Russian private banks, ...
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SR Technics reveals global ambitions
SR Technics, the maintenance subsidiary of Swissair parent SAir Group, is trying to secure joint venture partners in the USA and Asia-Pacific to enable it to offer comprehensive global support to its airline customers. Konrad Wittorf, vice-president of aircraft maintenance and overhaul, says that the company has retained Ernst ...
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New business and investments help to raise Lufthansa Technik profits
Lufthansa maintenance subsidiary Lufthansa Technik (LHT)boosted its profits by 53%during 1997, achieving DM94.1 million ($52.2 million) on sales of DM3.03 billion. According to executive board member George Gallus, the figure is attributable to a huge influx of new business from outside the Lufthansa Group, with 50 new contracts signed ...
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Single-aisle bonanza
Guy Norris/LOS ANGELES CFM International (CFMI) and arch rival International Aero Engines (IAE) are again heading for the record books. After an astonishingly successful year for both in 1997, the orders have continued and, by mid-1998, look as if they might already surpass significantly those of the previous year. ...
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Hunting closure
Hunting is to close its Aircraft Engineering Centre at East Midlands Airport in the UK. Its primary business is the maintenance, repair and painting of aircraft such as the British Aerospace 146, Boeing 737 and Lockheed Electra. The closure follows abortive attempts to sell the centre as a going concern, ...
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BAe prepares to launch upgraded Avro variant
Julian Moxon/PARIS British Aerospace Regional Aircraft is preparing to launch a re-engined, upgraded "RJX" version of the Avro RJ with 15% lower direct operating costs, reductions in weight and up to 20% less maintenance costs. The company, which is in the process of a divorce with Aero International ...
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BA goes to FLS for maintenance deals
British Airways and its low-cost subsidiary Go have agreed major maintenance contracts with FLS Aerospace. The move comes as BA retrenches its maintenance operation after several years of attempting to turn it into a standalone profit centre. The five-year Go contract is a ground-breaking deal for both sides, with ...
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Qantas confirms plans for three more 747-400s
Paul Phelan/CAIRNS Qantas has finalised its short term fleet plans, confirming it will acquire three Boeing 747-400s from Asian carriers "in the very near future", and ruling out acquiring any new type in the next three years. Chief executive James Strong says the purchase will be additional to ...
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Workshop
-GE Engine Services has signed a 10- year contract, potentially worth as much as $1 billion, with Continental Airlines to overhaul CFM International CFM56 engines powering the carrier's Boeing 737s, and the CF6s which power its Boeing 767s and McDonnell Douglas DC-10s. -Royal Nepal Airlines has awarded Beijing-based Aircraft Maintenance ...
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First A340 checks
The leading five Airbus A340s have successfully passed heavy maintenance "4C" checks, required after five years in service. The aircraft, operated by Air France, Lufthansa and Sabena, had all accumulated 3,000-3,500 cycles and around 20,000 hours flying time. Source: Flight International
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Out of the ashes
Julian Moxon/BEIRUT A visit to downtown Beirut to see at first hand the reconstruction that is now taking place is a powerful way of understanding something of the spirit that lies behind the rebuilding of the Lebanese national carrier, Middle East Airlines. Twenty years of indiscriminate shelling left more than ...