News from FlightGlobal – Page 2245
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Bear markets
With the bears now firmly in control of every stock market in the world, any sane government thinking of selling off its state-owned airline should be reaching for the telephone to inform its financial advisors to put away the sale prospectus until the bulls are back in control of share ...
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Point to point delivery
David Learmount/LONDON Transporting outsized, heavy machinery or plant to a remote site on a different continent is a logistics nightmare which might involve three or more modes of transport. The unit, perhaps a hydro-electric generator, often has to be designed not only for its mechanical efficiency, but to enable modular ...
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Facing the future
Emma Kelly/LONDON The in-flight entertainment (IFE) industry has come in for sharp criticism over the last few years, with some well-publicised interactive IFE failures giving it a bad name. To limit the chances of this happening in the future, the World Airline Entertainment Association (WAEA) - the IFE industry ...
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Growing pains
Emma Kelly/LONDONThe in-flight entertainment (IFE) industry is growing up. But it has had to. The IFE industry today is showing the first signs of realism and credibility - much improved characteristics than the over-promises and disappointments that have plagued the industry in recent years. After years of considerable effort, interactive ...
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Proteus market predicted to fly
Guy Norris/MOJAVE Wyman-Gordon is predicting an estimated market for up to 1,000 of the unconventional Proteus high-altitude, long operation (HALO) aircraft being built by its subsidiary Scaled Composites. The US investment company hopes to begin proof-of-concept trials as early as 2000. The prediction, from Wyman-Gordon's chairman and chief ...
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AOM sale progresses
The first phase in the sale of France's largest independent airline AOM was completed on 2 October, with the receipt by major shareholder Credit Lyonnais of bids from interested purchasers. Several European airlines are known to have been invited to tender for the carrier, including Air France, British Airways, Iberia, ...
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Airbus may move wing production to China
Paul Lewis/SINGAPORE Airbus Industrie is proposing to transfer part of its A320 aircraft series wing production to China, in a move intended to compensate for the recent demise of the Sino-European AE31X regional jet programme and to counter a similar offer of 717 wing work from Boeing. The European consortium ...
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Philippine Airlines reprieved by union deal
Grounded Philippine Airlines (PAL)has won a reprieve from a final shutdown, following a "yes" vote by ground staff to accept a government-brokered last-ditch deal to revive the ailing carrier financially . The 6,500-strong PAL Employees Association voted on 2 October by a two-to-one margin to accept the deal reached ...
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Fairchild Dornier admits doubts over Crossair 728JET order
Andrzej Jeziorski/MUNICH Fairchild Dornier has admitted that doubts are growing over Crossair's commitment to the new 728JET family of regional aircraft, as a result of recent configuration decisions which have gone against the Swiss airline's wishes. Crossair and Lufthansa CityLine each signed a letter of intent earlier this year to ...
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Double take
Amsterdam-based debis AirFinance has placed its first Airbus A330-200 on a 10-year operating lease with Korean Air. The South Korean flag carrier was also expected to take delivery of a second in late September. Debis AirFinance has also delivered an A330-300 to Thai Airways International on an 11-year operating lease, ...
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Regional take-off
Oman's local airline, Oman Air, has signed two firm orders and four options for ATR 42-500s for delivery starting in December. The new turboprops will be used to pioneer regional air services in the Gulf. Oman Air will also be acquiring two A310-300s in 1999. Source: Airline Business
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Israeli intrigue
El Al is to buy two 767-200ERs from Air France for its routes to Chicago, Hong Kong and Toronto. Israel's national carrier had initially intended to lease the two aircraft from local private carrier Arkia Israeli Airlines. The 767s will be delivered in January and March next year. Source: ...
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Single-aisle success
Iberia has converted options on two A320s into firm orders. German regional Eurowings has signed for a fourth A319. Two A319s have also been ordered by debis AirFinance. Source: Airline Business
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First for latest 737
KLM has ordered four Boeing 737-900s for delivery in 2001, becoming the first European customer for Boeing's latest 737 model. SAS has converted recently ordered 737-600s into a minimum of 12 CFM56-7-powered 737-700s and 737-800s. Source: Airline Business
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Routes
Renewed efforts to step up cooperation between Caribbean carriers could start with the joint handling, purchasing and wet leasing of cargo aircraft. The aim is to improve efficiency in one of the most fragmented air transport markets. US regional carrier Aspen Mountain Air is to restructure its route system ...
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Fare wars sting Brazil
Deregulation and resulting fare wars continue to bite hard into profits at Brazil's four main airlines, with no sign that the worst is over. Varig is blaming the fare wars for its Real $197 million ($168 million) loss reported for the first half year. This is almost triple the figure ...
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FLEET
Varig has signed for four Boeing 777-200s, 10 737-800s, four 737-700s, six 767-300ERs and has placed options for another four 777-200s and 11 737-700s. Another 777 customer is American Airlines, with 15 more 777-200ERs for delivery from March 2000. Package delivery company UPS has ordered 30 Airbus A300F4-600Rs, plus ...
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Eagle eyes all-jet fleet
American Airlines regional subsidiary American Eagle is planning to become an all-jet operation - a declaration that will put pressure on other US regionals to follow suit. American Eagle confirmed at the UK's Farnborough air show in September that it is to buy 75 Embraer RJ-135 37-seat jets. The ...
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Air India may seek equity
The efforts are on to sell the Indian Government's majority shareholdings in Air India and Indian Airlines. In September, the Disinvestment Commission drafted a detailed plan to sell the 60% stake in Air India, and finance minister Yashwanth Sinha announced the disinvestment of 51% of Indian Airlines. The commission ...
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Lease for SALE
Dubai-based Emirates has converted one option for an Airbus A330-200, adding to the 16 Rolls-Royce Trent 700-powered A330s it already has on order. The previously announced order for six A340-500s, and options for 10 more, was signed on 8 September. The airline has also said it will lease Singapore Aircraft ...