Programmes – Page 1039
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News
Asiana returns to profit after disastrous 1998
Andrzej Jeziorski/SINGAPORE South Korea's number two carrier, Asiana Airlines, has staged a spectacular turnaround in its 1999 financial performance, after a disastrous 1998 during which some observers doubted the airline's ability to survive. The carrier reports a 109.68 billion won ($9.7 million) net profit for the year, compared with ...
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Alcoa to buy Cordant
Graham Warwick/WASHINGTON DC Aluminium producer Alcoa has agreed to purchase Cordant Technologies, parent company of Howmet Castings and Huck Fasteners, in a deal valued at $2.9 billion. Alcoa says its merger with Cordant brings together companies with "obvious complementary activities". While Alcoa is the leading producer of aluminium stock, ...
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French aerostructures pressed to consolidate
The French aerostructures industry showed strong growth last year as Airbus Industrie, its key customer, continued to improve market share. But the sector is under increasing pressure to consolidate as the airframer targets efficiency improvements ahead of the A3XX launch. Hurel-Dubois co-operates with Latécoère and Socata on Airbus components and, ...
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Lauda and Kenya eye heavy 767
Guy Norris/LOS ANGELES Boeing is on the verge of launching the 767-400ERX after an initial order for three "enhanced" -400ERs from Kenya Airways and the prospect of a crucial win in Austria where it is battling head to head with Airbus over a potential Lauda Air order. The ...
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Aeronavali looks beyond MDC and targets 767s and ATRs for conversion
Andy Nativi/GENOA Aeronavali is expanding its freighter conversion business beyond the McDonnell Douglas (MDC) DC-10, with plans to add the Boeing 767 widebody and ATR turboprop to its portfolio. The company, a division of Italian aerospace giant Alenia Aerospazio/Finmeccanica, had long-term links with MDC and holds exclusive original equipment ...
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Chilean carrier seeks a new fleet and European partner
Paul Lewis/SANTIAGO Avant Airlines plans to decide within the next six months on a replacement fleet of aircraft. The Chilean carrier is also searching for a European partner to strengthen its domestic market presence. According to Avant executive vice-president Fernando Fernandez, the airline aims to select a new 100-seater ...
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El Al finance review freezes A330 plans
El Al has put plans to acquire of up to four Airbus A330s on hold until a re-evaluation of its ability to finance the deal is conducted later this year. In a contest that saw the US Government use political pressure to influence the outcome of the negotiations, Israeli ...
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Marketplace
Shanghai Airlines has concluded a 10-year lease deal with International Lease Finance (ILFC) for four Boeing 737-800s. The aircraft will be delivered between September 2001 and September 2002. Southern Air is expanding its Boeing 747-200 freighter fleet with the acquisition of two more ex-Lufthansa, General Electric CF6-powered examples in mid-2000. ...
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Rockwell venture makes News
Emma Kelly/LONDON Rockwell Collins has formed a joint venture with media giant News Corporation in the latest stage of the avionics manufacturer's continuing move towards providing equipment and services for the passenger cabin. The partners' In Flight Network (IFN) joint venture is designed to provide airline passengers with the latest ...
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People
John Ferrie is to head Smiths Industries Aerospace, succeeding Norman Barber who is retiring. Ferrie joins the UK company as executive director on 10 April and takes over aerospace responsibilities from 31 July. He was previously executive vice-president (VP) business operations for Rolls-Royce. Newly formed Lockheed Martin Aeronautics has completed ...
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Routes
United Airlines has applied to the US Department of Transportation (DoT) for two additional weekly frequencies between the USA and China. The airline proposes three daily non-stop links between San Francisco/Chicago and China's key cities. United is also launching a twice-daily non-stop service between Toronto and Denver on 4 May, ...
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CFM future direction based on TECH56 test
CFM International's mid- and long-term product development strategy for the CFM56 engine hinges on the outcome of a series of key TECH56 technology upgrade programme tests. These will take place within the next few weeks for the swept fan blade design, dual spool rig, high- pressure compressor and turbine, combustor ...
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Workshop
Lufthansa Technik is carrying out post-delivery modifications to 14 Germania Boeing 737-700s to bring them up to the latest production standard. The work, which takes five days for each aircraft, is covered by the manufacturer's warranty and involves the replacement of wiring bundles inside the leading edge of the wing ...
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Aiming high
Hopes for the future of Japan's troubled space programme rest with a simplified and cut-price version of its H-2 launcher Andrzej Jeziorski/TOKYO The 20th century closed on a low point for Japan's National Space Development Agency (NASDA). Two failures of its expensive H-2 expendable launch vehicle not only ...
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Low-key liberalisation
Japan has finally deregulated its domestic market. But the airlines are not convinced it will have a major effect on competition Andrzej Jeziorski/TOKYO When deregulation took hold in the USA in 1978, it changed the face of domestic airline travel. It led to an explosion of new airlines - ...
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Tokyo showcase
Hardly a month after Singapore's Asian Aerospace exhibition, Tokyo Aerospace stages a comeback to the crowded Asia-Pacific trade show scene Andrzej Jeziorski/TOKYO After a five-year hiatus, the Society of Japanese Aerospace Companies (SJAC) is bringing back the Japan International Aerospace Exhibition, to be held for the first time at the ...
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Boeing strike
Boeing has revealed in a document filed with the US Securities and Exchange Commission that its year-end workforce will be 180,000-190,000 - about 5,000 fewer than previously announced. Boeing engineers are continuing a month-long strike, which the company says will affect deliveries and reduce earnings. Source: Flight International
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Upbeat Cathay considers new aircraft order
Andrzej Jeziorski/HONG KONG Cathay Pacific Airways is to announce an order for new aircraft to serve Asian routes by mid-May. The move comes as the Hong Kong carrier revealed what analysts call a "very strong financial result" for last year. David Turnbull, Cathay's deputy chairman and chief executive, ...
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Safire identifies mystery engine supplier for S-26
Guy Norris/LOS ANGELES Safire Aircraft, a Florida-based manufacturer developing a new-generation, six-seat personal jet, has named Agilis Engines as its powerplant supplier, replacing Williams, which instead has tied up an exclusive deal with Eclipse Aviation to develop a rival aircraft. Agilis, also based in Florida, is a relatively ...
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SAS closes on interactive IFE
Emma Kelly/LONDON Scandinavian Airlines System (SAS) is to decide before the end of this month on the interactive in-flight entertainment (IFE) system for its new Airbus A330-300s and A340-300s. IFE manager Hermine Wachmeister says SAS has completed its evaluations of the final two candidates - Matsushita's new System 3000 ...