Programmes – Page 1134
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News
TEA eases into schedules as it prepares for identity change
Andrzej Jeziorski/MUNICH TEA Switzerland is to begin scheduled operations in November in the run up to its withdrawal from the charter market and a change of identity to become easyJet Switzerland. The change will also see the disposal of its Boeing 737-400, and the addition of four new 737-300s from ...
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Air Littoral set for development after SAir Group takes stake
Julian Moxon/PARISThe SAir Group has taken a 44% stake in French regional airline Air Littoral, giving it an entry into the south of France market and meeting the loss-making carrier's need for recapitalisation and development funding. The move came after speculation that another French independent, Britair, was in line to ...
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South Korea seeks overseas investment in new venture
South Korea's aerospace industry is seeking to attract foreign investment in its planned amalgamation by offering competing European and US manufactures up to a 50% stake in the new single entity to be formed by Daewoo Heavy Industries (DHI), Hyundai Space & Aircraft and Samsung Aerospace. The three South ...
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Royal gets a result from Signature deal
Canadian Charter carrier Royal Airlines expects to add C$100 million ($66 million) a year in revenue from a recent agreement to carry most of the passengers for Signature Vacations of Toronto. Under the agreement, previously held by rival airline Canada 3000, Signature will fill 75% of four Royal Airbus A310-300s ...
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Maintenance: Europe and the CIS
Andrew Chuter/London and Graham Warwick/WASHINGTON DC, Data supplied by Air Transport Intelligence After a Farnborough air show at which airliner sales exceeding $20 billion were announced, any talk of recession seems like scaremongering. But the air transport industry is already bracing itself for the next downturn - the ...
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Lockheed Martin expands with Comsat
Graham Warwick/WASHINGTON DC Lockheed Martin has boosted its bid to become a turnkey commercial satellite communications service provider by agreeing to acquire Comsat for around $2.7 billion. Comsat is the US member of Intelsat and Inmarsat and the largest provider of space segment capacity for both international satellite communications ...
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PAL collapse causes new chaos
Paul Lewis/SINGAPORE The almost unprecedented demise of Philippine Airlines (PAL) has left the country's domestic carriers scrambling to find additional capacity to fill the void, while creditors and bargain hunters are beating a path to Manila to pick over the bones of the defunct flag carrier. The decision ...
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Embraer boss holds back on 70-seater launch
Julian Moxon/HANOVER Embraer president Mauricio Botelho has played down expectations of a quick decision on the launch of a 70-seat regional jet by the Brazilian airframe builder, believing that market conditions in the USA and Asia do not warrant a speedy move. Speaking at the European Regions Airlines ...
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EGPWS deal
Lufthansa has signed a 10-year agreement to buy AlliedSignal enhanced ground proximity warning systems (EGPWS) for its aircraft and those of its subsidiaries. The deal covers the initial purchase of 175 systems for its fleet, including that of Lufthansa Cargo, but is expected to grow to cover at least 400 ...
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Kendell gets 50-seaters in Ansett's regional reshuffle
Paul Phelan/MELBOURNE Ansett Australia is to restructure its regional operations in a move which will see subsidiary Kendell Airlines acquiring a fleet of 50-seat regional jets. Meanwhile, a decision on Ansett's long-term route and fleet strategy is expected by the year-end. Kendell is finalising a deal for 12 ...
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C-S Aviation searches for growth possibilities
US aviation equipment leasing specialist C-S Aviation Services (CSAS) is undertaking rapid and diversified expansion, with plans to buy new aircraft and enter the maintenance business. CSAS was started in 1994 to provide exclusive management services to the S-C Aircraft Group of companies, the combined portfolio of which includes ...
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EVA ditches plans for A340-500
Brent Hannon/TAIPEI EVA Airways has dropped plans to purchase 12 Airbus A340-500 and -600s after posting its first loss in over three years. The privately owned Taiwanese airline was among the launch customers for the new Rolls-Royce Trent 500-powered 313/380-seat A340 family, even though it never got beyond placing ...
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Boeing finds home for Garuda 737s
Boeing has found a home for two of the 737-300s that had been destined for Garuda. The manufacturer is also believed to be negotiating to place other aircraft previously destined for the Indonesian carrier with Air New Zealand. Heller Financial has signed a deal for the two "whitetail" 737-300s ...
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Kitty Hawk follows Fine Air and drops plans to buy Southern Air
Ramon Lopez/WASHINGTON DC Kitty Hawk has terminated negotiations to buy financially troubled Southern Air Transport (SAT), after the two companies failed to reach a final agreement. Neither airline would say what led to the decision to break off talks, which started soon after Miami, Florida-based Fine Air Services ...
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Two's Company
The announcement of the American Airlines/British Airways-led strategic alliance brings into sharp focus the long term destiny for the world's airlines. The move, which was announced on 21 September, creates a second major power to rival the Star Alliance, which until now has existed in splendid isolation. Working on ...
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Regional jam ?
Paul Lewis and Graham Warwick/FARNBOROUGH The regional aircraft market has undergone a radical shake-up in recent years, during which time supply has been dramatically curtailed in the face of finite demand. The casualties have been numerous - Fokker, Jetstream and Saab to name a few. The market has shifted from ...
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Deep impact
Max Kingsley-Jones/FARNBOROUGH Airbus Industrie's recent, relentless pounding of Boeing continued through the Farnborough air show week, with the European consortium announcing some $12 billion worth of sales, taking orders past 3,000. The string of recent successes, combined with a new product launch, look set to ensure that Airbus will indeed ...
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Heli Fly includes all MDC civil helicopters in takeover talks
Kate Sarsfield/LONDON Belgian helicopter distributor Heli Fly has widened negotiations with Boeing to include the acquisition of the entire former McDonnell Douglas civil helicopter line-up. Heli Fly, which was originally negotiating to acquire just the MD902 Explorer line while Boeing sold the rest of the product line to Bell ...
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GATX and Flightlease form major leasing venture
GATX Capital, a leading US operating lessor, has linked with the SAirGroup leasing division Flightlease to create what is claimed to be the world's third-largest leasing company. The new company, GATX Flightlease Management, will be jointly owned and based at SAir's head office near Zurich Airport. Flightlease and GATX ...
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P&W sets sights on Airbus next generation narrowbody family
Max Kingsley-Jones and Guy Norris/LONDON Pratt & Whitney is targeting launch of its PW8000 geared turbofan for a new generation Airbus Industrie narrowbody family, believed to be in the early planning stages in Toulouse. Sources at the US engine maker say the company believes that the step change ...