Programmes – Page 1167
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News
P&W is main beneficiary as ILFC spends $2 billion on engines
General Electric, Pratt & Whitney and Rolls-Royce have won business worth around $2 billion as International Lease Finance (ILFC) finalises engine deals for aircraft ordered in 1997. The orders cover powerplants for Airbus Industrie A319s, A320s, A321s and A330s and Boeing 737s, 747-400s, 757s, 767s and 777s. P&W is ...
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MEA revises A310 lease agreement
Middle East Airlines (MEA) has agreed a revised deal with Singapore Aircraft Leasing (SALE) over the five-year lease of three Airbus A310-200s. The new agreement reduces the price of the lease from $39 million to $34 million. Agreement has been reached as investigations by the Lebanese public prosecutor into alleged ...
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Marketplace
++ Aer Lingus has signed an agreement with World Airways to provide a Boeing MD-11 on wet-lease to be operated on services between Ireland and the USA between May and October 1998. Aer Lingus has an option to renew the lease for the same period in 1999. ++British Midland has ...
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Pan Am revamps strategy with Boeing 737 focus
Pan American World Airways is looking to build on its fleet of Boeing 737s now that it has grounded most of its Airbus A300B4s, and suspended its New York-Los Angeles flights so that it can concentrate on a north-south route network. Pan Am found that the widebody 250-seat A300s ...
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SAA prepares to rethink 777 purchase
Kevin O'Toole/LONDON South African Airways (SAA) has widened the brief of the task force set up to re-evaluate its fleet plan to include new Airbus A330/A340 types. This confirms that the long-delayed order for Boeing 777-200s could be revised. The airline says that it will include a smaller ...
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Finmeccanica cash plan wins backing
Finmeccanica has won backing for its recapitalisation plan following the year-end meeting with its majority owner, Italy's giant state-holding company IRI. The defence/aerospace group has been angling for "up to" L2,000 billion ($1.2 billion) to shore up its ailing finances. The move was finally approved in December by IRI, ...
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Olympic tackles management problems
Julian Moxon/Paris Olympic Airways is stepping up efforts to resolve its latest management problems in an attempt to unblock its final tranche of state aid and to prepare the airline for the pending liberalisation of the domestic Greek air market. The state-owned carrier lost another president in late December and ...
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Battle stations
Boeing's decision to continue the development of the former McDonnell Douglas MD-95, in the new guise of the 717, has effectively redrawn the battle lines in its war with Airbus Industrie. This takes the civil-aviation giants to a new battleground where their tussle for market supremacy can be continued. ...
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Cormorant flies ahead in Canada
Graham Warwick/WASHINGTON DC Douglas Barrie/LONDON Canada is expected to issue a statement of requirement for its shipborne helicopter during 1998, after its decision to procure the EH Industries EH101 Cormorant for its 15-aircraft search-and-rescue (SAR) requirement. The AW520 commercial version of the EH101 was chosen over Boeing's CH-47 Chinook, Eurocopter's ...
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Raytheon teams with Jaguar to market special-edition King Air
Graham Warwick/DETROIT Raytheon and luxury-car manufacturer Jaguar have signed a marketing agreement under which the company is to produce a special edition of its Beech King Air twin-turboprop. The US manufacturer plans to produce a dozen Jaguar Special Edition King Air C90Bs in 1998. The first four have ...
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Airbus and Boeing take course for record production figures
Kevin O'Toole/LONDON Graham Warwick/WASHINGTON DC Airbus and Boeing are on course for record production levels in 1998, with the two manufacturers gearing up for a combined output of 785 aircraft. If achieved, production would improve on the peak of the last boom in 1991, when, along with McDonnell Douglas, the ...
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MD-95 re-emerges as Boeing 717
Guy Norris/LOS ANGELES Boeing has finally committed to the future development of the 100-seat MD-95, renaming the twinjet as the 717, to bring it within the expanded Boeing airliner family. The "birth" of the 717 follows an extended phase of the post-merger strategy review of McDonnell Douglas (MDC) products, during ...
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Boeing and Elbit join to rescue Polish Huzar project
In a deal brokered in Warsaw in the first week of January, the rival bidders for Poland's $600 million PZL-Swidnik Huzar helicopter, Boeing and Elbit, have agreed to participate jointly in the programme, a move aimed at breeching a political impasse. Sources in Israel and Poland confirm that Elbit ...
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Air Madagascar aims to replace 747
Air Madagascar will phase out its Boeing 747 in April, and replace it on international routes with a Boeing 767. The national carrier has been operating the 747, a -200 Combi configured in an all-passenger layout, on routes to Europe since 1979. Fortis Aviation has been contracted to remarket the ...
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Olympic signs up for Next Generation
Olympic Airways has finalised its order with Boeing for the Next Generation 737, and concluded a $408 million deal for eight 737-800s. The Greek flag carrier, which revealed its fleet-renewal plans in August 1997, will begin receiving the new 737s in early 2000. Olympic now operates a short-haul fleet ...
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Cathay warns of more cuts as troubles multiply
Cathay Pacific Airways' management is warning of further deep cuts ahead in equipment and possibly staff numbers, as the financially troubled Hong Kong-based carrier struggles to pull out of an increasingly steep downward plunge. The airline is negotiating with manufacturers to defer decisions on some of its 25 outstanding ...
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Forecasts 98': Air transport
Max Kingsley-Jones/LONDON It was back to the boom for Airbus Industrie and Boeing in 1997, as each manufacturer returned to record production levels. Despite some local difficulties in attempting to keep pace with the surge in demand, both are cautiously optimistic of a more settled 1998. Boeing's highly publicised and ...
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Charter airlines sign up A330-200s to use on long-haul services
Three long-haul charter airlines will introduce the Airbus A330-200 in 1999 and 2000, including UK carriers Airtours International and Leisure International Airways (LIA), and Air Transat of Canada. Airtours, which selected the A330-200 some time ago to supplement its Boeing 767-300ERs on long-haul charters (Flight International, 24 December, 1997-6 ...
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Crossair bases new sister in France
Andrzej Jeziorski/Basle Crossair has launched a new Alsace, France-based carrier aimed at avoiding European Union (EU) rules which have denied the Swiss airline access to a variety of destinations. Switzerland is not a member of the EU and cannot operate under its liberalised internal traffic arrangements. The Crossair-dominated ...
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MD-10 conversions for FedEx remain on track
The McDonnell Douglas (MDC) DC-10 freighter/upgrade programme for FedEx is on schedule, according to the carrier's chairman, Frederick Smith. The project to rework the aircraft, known as the MD-10, has been unaffected by Boeing's recent take-over of MDC. The two-phase programme, which first involves the freighter conversion, and later ...