All Strategy articles – Page 1109
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News
328 JET sales kicked off by French order
Fairchild Dornier announced its 328JET launch customer yesterday with a $70million order for six aircraft from French regional carrier Proteus Airlines. Simultaneously, it revealed the aircraft's North American launch customer as Aspen Mountain Air, in a $50million order covering four firm orders and four options for the 32-seat ...
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Boost for Chinese aviation industry
A Memorandum of Understanding (MoU) designed to accelerate the establishment of an aviation joint venture based in China has been signed at Paris. Aero International (Regional) (AI(R)) and Aviation Industries of China (AVIC) agreed to work toward industrial cooperation with a goal of transferring a part of the ...
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Lufthansa pilots to train on Pipers
Lufthansa Flight Training (LFT) is to buy a fleet of seven Piper Seneca V aircraft, with options on a further four. The first deliveries begin in January 1998. The deal, announced by New Piper Aircraft of Vero Beach, Florida, at Le Bourget yesterday, will involve the aircraft being ...
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Turkish evaluation
The Turkish Government has concluded its evaluation of bids from Airbus Industrie, Boeing and McDonnell Douglas to supply up to 50 aircraft for THY Turkish Airlines, under a 50% offset agreement. The deal will call for an initial batch of 34 aircraft Source: Flight International
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World TriStars
British World Airlines will introduce Lockheed L-1011 TriStars in August, following the award of a contract from Classic Airways and Independent Aviation Group. The TriStars, which will be acquired from Trans World Airlines and/or Delta Air Lines, will be based at London Stansted Airport in the UK. ...
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Strong impression
Menziken Aerospace Group has enjoyed a long association with the Paris air show, and the company, which operates on both sides of the Atlantic, is keen to make a strong impression at Le Bourget this week. With roots in Switzerland stretching back to the turn of the century, ...
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Hokkaido Airlines expects profits by 1999
Hokkaido International Airlines, which plans to launch low-fare domestic services in Japan in 1998, has revealed bullish profit projections in only its second year of operation. The airline plans to start operations at the end of April 1998 with a single Boeing 767-300, flying three daily services from ...
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Converted A300F lands in Paris with FAA approval
British Aerospace Aviation Services (BAeAS) has received US Federal Aviation Administration approval for its Airbus A300B4 freighter conversion, some six months later than originally targeted. Meanwhile, C-S Aviation Services, which is BAe's major customer for the conversion, has announced its first lease-placements, with the confirmation of two aircraft ...
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Atlas Air confirms plans for 747-400 purchase
Atlas Air has confirmed plans to buy new Boeing 747-400 freighters, and has signed a Ìrm purchase contract worth about $1.7 billion for ten aircraft, and options on a further ten. The transaction, which represents the US cargo carrier's first purchase of new aircraft, was forecast earlier this ...
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GE unveils new CF6 variant
General Electric is developing a higher-thrust, "bolt-less-turbine" version of the CF6 turbofan on the back of Delta Air Lines' launch in April of the stretched Boeing 767-400. The derivative is based around an improved turbine made from Rene 88, a high-temperature-resistant alloy, which allows the "bolt features" to ...
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Finalist: Aeromedic Innovations Group
Finalist: Aeromedic Innovations Group Location London, UK Achievement: Official licensing for providing airline medical kit. In October 1996, Aeromedic Innovations became the first company in the world to be licensed by a regulatory authority - the UK's Medicines Control Agency - to make and maintain a ...
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Latvian passenger tax hits Air Baltic's target
Anew airport-departure tax imposed by the Latvian Government may stop Riga-based carrier Air Baltic from meeting its break-even target this year. Former company chief executive Kjell Fredheim says that a $12-per-passenger charge has been levied from 1 June, and a new fuel tax is forcing the airline to ...
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Air Madeira prepares for transatlantic flights
A new Portuguese airline, Air Madeira, will start operations later this year with a Lockheed L-1011 TriStar 500 on transatlantic charter flights. The airline is also planning to set up a short-haul network. Air Madeira is based in Lisbon and backed by the Portuguese travel group Pestana Hotels. ...
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Air Littoral becomes a Lufthansa partner
Lufthansa has signed a commercial alliance with French regional airline Air Littoral, further strengthening its position in the French market. The deal ends the German flag carrier's hunt for a suitable French partner to expand its services to southern Europe. This will be done through Air Littoral's increasing ...
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Sun Air privatisation goes into the final furlong
South Africa has announced a shortlist of four bidding groups to go forward to the next phase in the privatisation of domestic airline Sun Air. Malaysian Airlines, Virgin Atlantic and rival regional Comair are listed. Each of the three airlines, together with a fourth bid led by Phoenix ...
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Jet Airways investors take first steps towrds share sale
Domestic Indian carrier Jet Airways has held talks with shareholders Gulf Air and Kuwait Airlines about divesting their stakes in the airline, following the Indian Government's decision to change rules on foreign ownership. Gulf and Kuwait invested around $8 million in the carrier when it started five years ...
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UK challenges on single-engined ban
The UK Civil Aviation Authority may attempt to rush through Parliament an amendment to the Air Navigation Order prohibiting the use of single-engined aircraft at night for commercial-transport operations. The decision hangs on a court case being brought by UK-based Martini Airfreight Services after its operations using a chartered Norwegian-registered ...
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Continental goes Boeing
Ramon Lopez/WASINGTON DC CONTINENTAL Airlines has become the third US major to enter into a long-term, sole-supplier pact with Boeing, following the signature of a letter of intent (LoI) for up to 35 widebodied aircraft to satisfy its future fleet requirements. The estimated value of the deal is ...
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Continental goes Boeing
CONTINENTAL Airlines has become the third US major to enter into a long-term, sole-supplier pact with Boeing, following the signature of a letter of intent (LoI) for up to 35 widebodied aircraft to satisfy its future fleet requirements. The estimated value of the deal is more than $3 billion. ...