Programmes – Page 1262
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FiatAvio sells off its shareholding in IAE
FIATAVIO has sold its holding in International Aero Engines (IAE) to its four partners. The deal maintains the Italian engine manufacturer's place on the programme, but as a subcontractor rather than as a shareholder. The Italian company, which is in the throes of merger talks with local rival ...
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Powering into the future
Germany's two engine manufacturersstill have one programme in common. Andrzej Jeziorski/MUNICH DAIMLER-BENZ Aerospace problem-child MTU Munchen and its upstart rival BMW Rolls-Royce, along with the German Aerospace Research Establishment (DLR), are participating in a Government-sponsored research programme to develop technology for the next generation of ...
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Boeing boss
Philip Condit, president of Boeing, has been appointed as the company's chief executive, to replace Frank Shrontz who will remain as chairman. Source: Airline Business
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So what's in a name?
t used to be called Air Inter. Now, its legal name is Air France Europe but it trades as Air Inter Europe. It is majority owned by the Air France Group, but is legally a separate company. In 1997, it will be merged into Air France's European route operation, which ...
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Appointments
Edward Methot is the new vice president of flight operations at America West Airlines. Swissair has appointed Klaus Knappik head of the cargo and logistics division. Crossair has appointed Josef Felder EVP of the new product management division. Juhani Suomela has become Finnair's EVP ...
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Aircraft news
Philippine Airlines has confirmed firm orders for four A340-300s, eight A330-300s and 12 A320s with deliveries starting in the second quarter of 1997. Swissair has ordered a further three A319s and two A320s. Finnair is set to order four B757s for charter operations, replacing two A300s. ...
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Sears in charge
McDonnell Douglas has named Michael Sears as the president of Douglas Aircraft, succeeding Robert Hood who retires later this year. Source: Airline Business
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MDC
Gerald Daniels has become vice-president and general manager of the McDonnell Douglas (MDC) F-18 strike-fighter programme. He succeeds Michael Sears, who has been named president of MDC's commercial aircraft company. Daniels was previously deputy to Sears on the F-18. Source: Flight International
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Confusion hits UK's foreign-pilot policy
Sir - I read the article "Confusion hits UK's foreign-pilot policy as Airworld hires Canadians for A320s" (Flight International, 17-23 April, P8). I can surmise the reasons behind the decision, although why the UK Department of Education and Employment (DEE) should be so coy is elusive. ...
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Dealing in Deutsche marks
The German tax lease market is growing, and providing an important source of aircraft funds, but there are fears that any liberties taken with structures could lead to tighter regulation by the tax authorities. Trevor French reports.It doesn't often happen that the arcane world of aircraft finance hits the front ...
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PAL recovery under threat
The recovery of Philippine Airlines from disastrous financial losses over the past two years is under threat from rising competition from a growing number of startups with ambitions to launch on to key regional routes. Grand Air and Cebu Pacific Air, which have both made inroads on domestic ...
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East West in US deadlock
The vagaries of the youthful private Indian aviation sector are starting to manifest themselves in the courts, as the number of cases of litigation against the independents by foreign lessors starts to rise. The most prominent case that has come to court is between East West Airlines and ...
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Is it just pie in the sky?
When an airline can save $1.5 million a year by serving salads without a lettuce liner which nobody eats anyway, you know that cost-cutting has begun to bite. These days, catering represents quite a dilemma for airlines. The marketeers say food remains a way for airlines to differentiate ...
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US smarts at Euro success
The European aerospace industry is flexing its muscles in the wake of the Fokker collapse with an apparent double success in China and the emergence of a real challenge to the monopoly of the B747. Equally significant, the Dutch manufacturer may yet see in 1997, as it continues the search ...
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Urgency mounts for Alitalia state cash as losses grow
Kevin O'Toole/LONDON THE FULL EXTENT of Alitalia's losing battle with its massive debts became clear as the group revealed further losses for 1995. The extent of the deficit makes an injection of fresh capital essential if the airline is to continue operating. Although the group's headline loss was held to ...
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Airship deal at final stage
Ramon Lopez/WASHINGTON DC AIRSHIP manufacturing will resume in the UK as soon as a UK investor group finalises its purchase of designs, patents and other assets of Westinghouse Airships. The transaction (Flight International, 10-16 April) will be completed shortly, says Roger Munk, who is leading ...
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Cargo conundrum
Steady growth is predicted for world air-cargo market. Guy Norris/LOS ANGELES AIRCRAFT MANUFACTURERS and conversion specialists are watching the burgeoning growth in world air-cargo traffic with eager anticipation. Every forecast points to steady and continuous growth, but not all agree on whether most of it will be ...
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Profitable Dassault keeps quiet on Aerospatiale link
FEW CLUES HAVE emerged as to the state of Dassault Aviation's enforced merger talks with Aerospatiale from chairman Serge Dassault's unveiling of an increasingly healthy financial results for 1995 . Dassault refers only briefly to the negotiations with Aerospatiale, which have been more or less forced on his ...
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Ryanair negotiates to find new shareholder
IRISH LOW-FARE airline Ryanair is in discussions with a major airline, thought to be British Airways, for the sale of a 25% stake. An announcement is possible within a month. The move has taken observers by surprise, even though BA has been steadily building its franchise operations through ...