Strategy – Page 1068
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S Korea signs AI(R) JET deal
Aero International (Regional)'s planned AI(R) JET 70 regional-aircraft development has been given a boost, with South Korea signing a preliminary agreement to join the programme, angling for a stake of up to 40%. The Korean Commercial-Aircraft Development Corporation (KCADC) and a team from AI(R), headed by chief executive ...
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DHL signs MoU with Airbus for A300 freighters
DHL Airways has signed a memorandum of understanding (MoU) with Airbus Industrie for the acquisition of seven used A300B4 freighters for its US express-parcels network, and could later add additional aircraft for its European operations. The airline will take delivery of the seven aircraft, which are General Electric ...
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Atlas closes on freighter order decision-
Atlas Air, the world's largest Boeing 747 freighter operator, is close to deciding whether to order an unspecified number of 747-400 freighters. According to Michael Chowdry, chairman and chief executive officer, the 747-400F is seen as "the next step" for the US contract cargo operator. Atlas Air is ...
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Order boom forces Boeing to raise production rates
Boeing is planning another increase in production rates as it prepares to keep pace with a surging orderbook and growing delivery backlog, now moving towards 1,500 aircraft. New urgency was injected into the company's continuous assessment of production rates by the Delta Air Lines order in March for ...
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Finnair signs fresh pacts to strengthen Stockholm hub
Finnish flag-carrier Finnair has signed co-operative deals with Braathens Safe, Transwede and Maersk Air, as part of plans to strengthen its presence at Stockholm, Scandinavia's main hub, in neighbouring Sweden. The deals, which include increased codesharing and links on frequent-flier programmes, follow signs of weakening in Finnair's long-standing ...
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Virgin Executive Aviation takes off
The Virgin Group has joined forces with the McCarthy leisure-investment group to form Virgin Executive Aviation, a corporate-jet and helicopter charter company aimed at exploiting European business and leisure-travel markets. The new company also plans to offer feeder services into London's Heathrow and Gatwick airports for Virgin Atlantic's ...
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Two weeks of RVSM confirms pilot fears over TCAS alerts
Airline pilots have reported frequent, long-duration, "nuisance" traffic advisories (TAs) from their traffic-alert and collision-avoidance (TCAS) systems in North Atlantic air space during the two weeks since the implementation of reduced vertical-separation minima (RVSM) in the area. RVSM is a procedure for operating with vertical separations of 1,000ft ...
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International Space Base
The name Kourou has become synonymous with that of Arianespace, but the European launcher organisation is only a user of the launch site. The CSG is operated by the French space agency CNES but was developed with funds from the member states of the European Space Agency (ESA). ...
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Vietnam Airlines revises growth plans
State-run Vietnam Airlines is revising plans to expand its passenger fleet in the wake of slower-than-expected traffic growth. In 1996, Vietnam Airlines carried 2.5 million passengers, an 18% increase over 1995. Senior airline officials, however, had been projecting growth of between 25% and 28%. As the result of ...
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SIA/Tata plans suffer setback...
THE PROPOSED JOINT domestic-carrier venture between Singapore Airlines (SIA) and the TATA Group has been dealt another major blow by the Indian Government's endorsement of a new aviation policy barring foreign-airline investment. The cabinet's decision to throw its support behind civil-aviation minister C M Ibrahim's controversial new policy ...
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Auditors warn on TWA losses
TRANS WORLD Airlines (TWA)has been dogged by further poor financial news, with a warning from the group's auditors over the carrier's future in the light of mounting losses and falling cash reserves. The warning from KPMG Peat Marwick accompanies TWA's official filing of its annual results with the ...
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British Midland selects Airbus A320 family for fleet renewal
British Midland Airways (BM) expects to sign a $1 billion firm order with Airbus Industrie for A320s and A321s in May, having concluded an initial memorandum of understanding in early April for up to 20 aircraft. The airline, which selected the Airbus single-aisle family over Boeing's 737-800 and ...
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Belgium's CityBird takes to the...
New Belgian low-cost airline CityBird (formed by the City Hotels Group, ex-owner of Euro Belgian Airlines) began operations on 27 March, when its first McDonnell Douglas MD-11 took off for Mexico. On 30 March, scheduled services to Miami and Orlando in Florida began, and from June more scheduled US routes ...
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Indian carriers receive aircraft import...
India's Civil Aviation Ministry has given the go-ahead for three domestic private airlines to increase their fleets by importing more aircraft. The approval, announced by the ministry's Aircraft Acquisition Committee (AAC), affects Skyline NEPC, JVG Group and Bengal Air. Bombay-based NEPC Skyline will add two Boeing 737-200s to ...
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Egypt's AMC orders launch MD-90-30ER
AMC Aviation of Egypt has placed the launch order for the McDonnell Douglas MD-90-30ER (extended range), with a contract for two aircraft. The MD-90ER features increased maximum take-off weight (MTOW) and additional fuel tanks, to boost range to over 4,000km (2,200nm). Compared to the standard MD-90, ...
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BA plans for 'shell company'face opposition from USA
PLANS BY British Airways to use Airline Management (AML), a start-up company, to take on tourist routes from London Gatwick to San Juan, Puerto Rico and Tampa, Florida, have run into opposition in the USA, with claims that AML is being set up as a "shell" company without its own ...
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SA floats Sun Air with...
South Africa has launched the privatisation of regional carrier Sun Air, giving the opportunity for a foreign airline partner to take a share of up to 49%. Prospective buyers are being asked to register their interest by 10 April, says NatWest Markets, the UK investment bank which is ...
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Flight Sciences, which specialises in...
Flight Sciences, which specialises in helping airlines reduce their fuel bills by improving efficiency, expects to sign contracts with major carriers later this year, as part of its efforts to expand its client base in Europe and Asia. The US company recently completed a five-month project with Austrian ...
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Special relation
Rolls-Royce executives have often been heard to remark that, when it comes to selling engines in Asia, there is, arguably, no better sales tool than Hong Kong's Cathay Pacific Airways. The unique relationship which the engine manufacturer has with the Swire Group's airline operation is about to be strengthened further ...
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A340-600 engine decision due in June
Airbus Industrie is aiming to have secured agreements on a powerplant for its stretched, longer-range, A340-500/600 programme by the time of the Paris air show in June, and has apparently not ruled out offering an engine selection on the aircraft. The European manufacturer had been discussing an exclusive ...