News from FlightGlobal – Page 2304
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Airbus closes in on $4 billion Latin deal
Airbus is close to finalising its long awaited $4 billion order for up to 120 single aisle aircraft from a group of Latin American airlines, following the confirmation by TACA of El Salvador that an order is planned. TACA says that it is finalising an order for 30 A319s, ...
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UPS closes on widebody freighter selection
UPS is expecting to finalise its choice of widebody aircraft to replace its fleet of Douglas DC-8-70 freighters by the end of March, to enable the first to enter service in 1999. The Louisville, Kentucky-based freight carrier revealed in October 1997 that it was examining various aircraft to replace a ...
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Belgium's VLM gears up to enter millennium with Fokker 70 fleet
Herman De Wulf/ANTWERPIN a bid to boost services and spread its business, Belgian regional airline VLM, of Antwerp is seeking to move up to a jet-powered fleet with the acquisition of Fokker 70s by 2000. The carrier has a fleet of four Fokker 50 turboprops, and new managing director Christian ...
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Australasian airline results suffer as Asian crisis bites
Paul Phelan/CAIRNS A relatively buoyant round of first half financial results from Air New Zealand(ANZ), Ansett Australia and Qantas has been overshadowed by warnings over Asia-Pacific's economic crisis. All three carriers announced plans to redeploy capacity elsewhere on their international networks as Asian markets continue to shrink, raising ...
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Pan Am runs short of cash but Frontier hopes for better times
Ramon Lopez/WASHINGTON DC Financial problems continue to mount for the US low fares airlines, with the new Pan American World Airways warning that it is short on cash and could face bankruptcy. Frontier Airlines also reported big losses in the third quarter, but faces improving prospects with the demise of ...
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Swissair keeps appetite to take Sabena majority
Sabena president Paul Reutlinger has again confirmed that Swissair is ready to take a 67% majority share in its Belgian partner, provided that Switzerland is able to join the European Union (EU) single skies agreement. The Belgian Government sold Swissair a 49.5% stake in its national carrier in mid-1995, ...
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TWA cuts deficit and stays optimistic
Despite posting another year-end loss, Trans World Airlines ended 1997 optimistic that its turnaround is finally beginning to gather momentum. As expected, the carrier ended the year with a net loss, but had managed to cut the deficit to $90 million (before a tax writedown), compared with the $275 ...
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CAL A300 crashes at Taipei
Paul Lewis/SINGAPORE A China Airlines (CAL) Airbus Industrie A300-600R crashed next to Taipei's international airport in Taiwan on 16 February as the crew was apparently initiating a go-around. There are indications that the aircraft may have stalled in the attempt. The seven year old aircraft, aiming for runway 05L, ...
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FLS makes move for Danish expansion
FLS Aerospace is expanding into Continental Europe with the setting up of a maintenance base in Denmark. The company is believed to be about to announce a deal to set up an operation at a site previously occupied by Pemco World Air Services at Copenhagen Airport which went out ...
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SIA/R-R centre gets go-ahead
The new Singapore Airlines (SIA)/Rolls-Royce engine maintenance joint venture is to open for business in March, following certification by the European Joint Airworthiness Authorities and local authorities. International Engine Component Overhaul's (IECO) newly completed $15.7 million facility based in Singapore has been designed primarily to support R-R's family of ...
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Putting customers first pays off for AlliedSignal
Karen Walker AlliedSignal executives can point to one product in particular on their Asian Aerospace stand (Stand A712) and see proof that an ongoing campaign of culture change is bearing fruit. That product is the 331-500 auxiliary power unit (APU) which equips the Boeing 777 and was produced in partnership ...
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UK CAA will not revise requirements
The UK CAA will not revise requirements governing the location of key electronic equipment in airliners after completing a review in response to recommendations made by the UK Air Accidents Investigation Branch (AAIB). The AAIB recommendations followed its investigation into an incident involving a British Airways Boeing 737 which experienced ...
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Debonair slams BA over budget airline subsidies
Mark Hannant Michael Harrington, deputy chief executive of no-frills British operator Debonair, yesterday maintained the airline's war of words with British Airways during his visit to Asian Aerospace '98. Days ago, chairman and chief executive Franco Mancassola slammed BA for "-abusing" its "immense financial power" by cross-subsidising its new ...
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FAA nod for advanced GPS-based landings
Geoff Thomas The world's first satellite landing systems (SLS) using differential global positioning system (DGPS) technology have received commissioning approval from the FAA. The Honeywell/Pelorus SLS-2000 systems are situated at Minneapolis-St Paul and Newark international airports in the USA, and the commissioning of the ground stations opens the door to ...
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Indonesian carriers in danger of collapse
Alan Peaford Four domestic Indonesian airlines were said last night to be on the verge of collapse after the Indonesian National Air Carriers Association (INACA) held an emergency meeting with the directorate general of air communications in an attempt to save them from folding. INACA president Hadi Soemarto says the ...
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B/E Aerospace to supply all US Airways' new-buy seating
Sarah Lazenby B/E Aerospace is supplying all seating for US Airways' new Airbus 319/320/321 fleet in a deal worth $27 million for the first 124 aircraft. This could rise to $85 million if the airline exercises its option for a further 276 aircraft to complete its narrowbody fleet ...
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Litton opens office in Beijing
Litton announced yesterday that it has opened Litton Worldwide Services in Beijing to provide customer support in Asia. Based in Tianwei Erjie, Litton Worldwide will assist in the maintenance and repair of the Litton LTN-101 Flagship navigation system on Airbus aircraft. China Southern Airlines and China Sichuan Airlines ...
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Airbus delays a small price to get it right
Mike Martin Airbus Industrie is struggling with the economics of the AE31X project, outgoing chief executive Jean Pierson admitted at Asian Aerospace '98 yesterday. At the other end of the range, Airbus's A3XX 555-seat and up superjumbo could be further delayed if technical challenges to delivering the promised ...
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Dispute over
B/E Aerospace has settled its long-running dispute with the US government over export sales to Iran Air during 1992 and 1995. The dispute centred on whether seats were delivered to the airline's French refurbishment contractor before a formal export licence was issued by the US Department of Commerce (DOC). ...
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Revamped Saab inks supply contract with Aerospatiale
Mark Hannant Saab's transition from civil airframe maker to subcontracting partner has received a substantial boost with the award of a $75-million contract by Aerospatiale. The Swedish company's Collaborative Programs business unit will supply an integrated structural floor assembly for the newly launched Airbus A340-500/600. Although they ...