Airline Business articles from December 2002

Airline Business archives from December 2002

United's aid package is still elusive.(United Airlines)(Brief Article)
December 1, 2002... The United Airlines saga continues as the carrier, once the world's largest and now rapidly becoming an also-ran, has entered its second year of eluding a seemingly inevitable reorganisation. Just days after its Air Line Pilots Association...

US airports ready to ask for more financial freedom.
December 1, 2002... Still reeling from the blow of having to absorb billions of dollars to pay for new security, North American airports plan to enter 2003 fighting for the basic financial and regulatory reforms they have dreamt about for decades. Airports...

AMR Caribbean sale upsets unions.(American Airlines sells feeder airline, Executive)(Brief Article)
December 1, 2002... American Airlines will sell its Caribbean feeder, Executive, which flies as an American Eagle affiliate from Puerto Rico and is AMR's major instrument of dominance in the Caribbean. But the sale has inflamed American's labour relations,...

ACI-NA highlights.(Airports Council International-North America, multiple topics)
December 1, 2002... Congestion pricing Airports will push next year for more pricing freedom starting with the congestion pricing that the FAA is considering for highly congested New York LaGuardia airport, says Morrison & Foerster lawyer Brian Busey. They...

In brief.(multiple topics)(Brief Article)
December 1, 2002... Board approves loans Frontier Airlines, the Denver-based low-fares carrier that had been profitable before the crisis, won federal backing for a $70 million loan guarantee, which it will use to help finance its order for 14 Airbus A319s....

In brief.(multiple topics)
December 1, 2002... Varig seals debt deal Major creditors have given Brazilian flag carrier Varig a reprieve on $118 million in debts due by the year's end. Two local banks, Varig's fuel supplier, and lessor General Electric Capital Aviation Services (GECAS)...

New rules of engagement.(business travellers use restricted low fare tickets)
December 1, 2002... Short-haul pricing models are changing fast in Europe and beyond as mainline carriers fight back against their low-cost rivals, writes Chris Tarry. There have been bouts of near hysteria in Europe over the rise of the so-called low-cost...

Cost cuts work for USmajors.(United States airlines efforts to cut costs are working)
December 1, 2002... For the USmajors the third quarter figures have provided little relief, but efforts to rein in costs are working, reports David Field. The third quarter loss from the USmajors was "grim but largely in line" with expectations, in the words...

Airline savings feed through.(European and Asian airlines show cost cut benefits)
December 1, 2002... European and Asian carriers results for the July-September quarter show the benefit of cost cuts, reports Colin Baker in London and Nicholas Ionides in Singapore European and Asian carriers continue to outperform their North American...

JAL and JAS in rationalisation.(Japan Airlines, Japan Air System)(Brief Article)
December 1, 2002... Just one month after Japan Airlines (JAL) and Japan Air System (JAS) formally merged under a joint holding company, the carriers announced plans to rationalise operations at domestic airports. The merger of the two airlines through the...

PIAmoves forward with plans to upgrade fleet with Boeing 777s.(Pakistan International Airlines)(Brief Article)
December 1, 2002... Pakistan International Airlines (PIA) has taken a major step forward with its long-delayed plans to upgrade its fleet by committing to orders for eight widebody Boeing 777s. The deal covers three 777-200ERs, two 777-200LRs and three larger...

China offers Taiwan a compromise.(air travel between countries)(Brief Article)
December 1, 2002... A Chinese initiative to start talks over direct flights between the two countries has set off a major debate within Taiwan. Because of long-standing and deep-seated differences, air travel between China and Taiwan is only via indirect...

Bali services axed in wake of attack.(airline travel plummets)(Brief Article)
December 1, 2002... Major Asian airlines have slashed Indonesia services because of plummeting demand after the 12 October nightclub bombings in Bali. There are new fears that South-East Asia could be in for a tough period, with many foreign travellers staying...

In brief.(includes two airline industry articles)(Brief Article)
December 1, 2002... Atlas routes to China China Southern Airlines has agreed to wet-lease a Boeing 747-400F from Atlas Air of the USA to help launch a new cargo route to Liege in Belgium. The route will be from Shenzhen at the Hong Kong border to Shanghai and...

Fleets.(equipment orders)(Brief Article)
December 1, 2002... Vietnam buys five A321s Vietnam Airlines has firmed up an order with Airbus for five new A321s. The aircraft are scheduled for delivery between 2003 and 2005 and will be deployed on select domestic and intra-Asian routes. This is the first...

In brief.(new services, equipment)(Brief Article)
December 1, 2002... Air Macau expands to Malaysia Air Macau has launched services to two destinations in Malaysia with scheduled twice-weekly services to the capital Kuala Lumpur and separate charter services to Kota Kinabalu, also operated twice weekly. ...

Charges challenge.(airport charges)
December 1, 2002... Airline complaints that airports are making excessive profits while they bleed has sparked a debate over the need for a new relationship between the two, with firmer ground rules for setting user charges and delivering services. It is hard...

SAS hikes target for cost savings.(Scandinavian Airlines )(Brief Article)
December 1, 2002... In the light of worsening results, Scandinavian Airlines (SAS)is taking further action to cut costs, including a further 2,700 job cuts on top of the 3,500 already announced. For the first nine months of 2002 it made a SKr377 million ($42...

bmi british midland suspends flights to Washington until next summer.(Brief Article)
December 1, 2002... Bmi british midland is suspending one of its two transatlantic services, preferring instead to place the aircraft with South African Airways (SAA) on lease. The carrier originally ordered four Airbus A330-200s in anticipation of being able...

In brief.(aircraft purchases, share swap)(Brief Article)
December 1, 2002... Aeroflot seals Airbus deal Russian flag carrier Aeroflot is to acquire 18 Airbus A319s and A320s as its restructures its short-haul fleet. It has signed a deal with Airbus for eight aircraft, with another four being ordered by GECAS on...

In brief.(acquisition, runway addition)(Brief Article)
December 1, 2002... 3i grabs SRTechnics European venture capitalist 3i has signed an agreement with SAirGroup to lead a $425 million management buyout of SRTechnics, the former SAirGroup maintenance company. The deal should be finalised by the end of the...

In brief.(airline industry news)(Brief Article)
December 1, 2002... BAE in NJI dispute Aerospace and defence group BAE Systems has been accused of conspiracy to defraud in a case in London's High Court. ABM Venture Capital of Italy is suing BAE and others for the recovery of losses related to the collapse...

Ryanair sets up first base in Italy.(Brief Article)
December 1, 2002... Ryanair continues its relentless expansion in Europe with the opening of its first base in Italy. From February 2003 it will operate three Boeing 737-800s from Milan's Bergamo Airport, in what it describes as a "natural development". The...

Deutsche Post goes global with DHL.
December 1, 2002... Deutsche Post, the German post office, is to create the first global air network integrating both express and traditional air cargo by merging all its logistics activities under the DHL brand. The significance of the announcement is that it...

EC takes hard line on bilaterals.(European Commission)(Brief Article)
December 1, 2002... The European Commission (EC) has asked member states to tear up their bilateral treaties with the USA in the wake of the European Court of Justice (ECJ) ruling that nationality clauses within these deals infringe community law (see Insight page...

In brief.(includes two airline industry articles)(Brief Article)
December 1, 2002... AA/BA seek codeshare oneworld partners American Airlines and British Airways have applied to Washington for permission to codeshare on behind and beyond gateway services. The application excludes all of the crucial London Heathrow-USA...

Learning.(airline industry training)
December 1, 2002... the lesson Management education and training was one of the first targets for cost-cutting when the airline industry looked for a path to recovery. Now a wind of change has swept through the training sector as airlines, schools and...

Gloves.(airport-airline partnerships)
December 1, 2002... off IATA is calling for a fresh look at the partnership between airlines and airports as it redoubles its efforts to achieve lower user charges The numbers would appear to speak for themselves. Despite one of the worst year's on...

easy.(EasyJet)
December 1, 2002... does it Fresh from its massive new aircraft order, chief executive Ray Webster is confident that easyJet can win Europe's low-cost battle Just a few years ago, nobody would have believed that the largest aircraft order of the year...

Air Canada heads North American traffic recovery.(Brief Article)
December 1, 2002... It will be the the end of 2004 before Canadian air traffic returns to pre-2001 levels, according to Transport Canada. But airlines there are recovering faster than their US counterparts. Air Canada's unexpectedly strong third quarter proves...

Branson declares war on BA-Qantas joint service.(Sir Richard Branson)(Brief Article)
December 1, 2002... Grabbing headlines on a recent tour of Australia, Sir Richard Branson, head of the Virgin Group, outlined plans to challenge the alliance partners Qantas and British Airways on several fronts. Leading the charge is Virgin Atlantic, which...

Discount airlines strategy catches on down under.(Australian Airlines, ANZ)
December 1, 2002... Qantas Airways and Air New Zealand (ANZ) have each launched discount units, with Australian Airlines taking to the air and ANZ rebranding its domestic services as "Express Class". Australian Airlines, the new Qantas subsidiary, has started...

Airport security funding compromise is reached.(Council of Transport Ministers, European Parliament)
December 1, 2002... The Council of Transport Ministers and the European Parliament have reached a compromise over the thorny issue of airport security that leaves member states with the final say on funding. The two sides clashed over the issue of funding for...

Maldives study considers new carrier.
December 1, 2002... The Maldives government has hired foreign advisers to conduct an aviation policy study for the archipelago to determine whether the country will retain its current liberal air services regime or even take it a step further. UK law firm...

Senate changes will help air transport interests.(United States Congressional elections)
December 1, 2002... Mid-term US Congressional elections have altered the legislative landscape. Republicans in control of the Senate could mean a shift in favour of business interests including airports and airlines. The return of the Senate - the upper house...

Passenger rights proposals diluted.
December 1, 2002... The European Parliament has radically changed proposals by the European Commission (EC) on passenger rights, although airlines still face increased compensation claims for delays, cancellations and denied boarding. The bill passed by...

KLM ponders partnership route for low-cost Buzz.
December 1, 2002... As KLM expands the low-cost activities of its Buzz operation at London Stansted, the Dutch carrier is considering whether to bring in partners to help develop the brand. After studying its options in the low-cost sector, KLM will...

Bilaterals in the dock.(Euoropean Court of Justice open skies ruling)
December 1, 2002... The decision by the European Court of Justice on open skies poses a severe challenge to the culture of bilateral air service agreements The European Court of Justice (ECJ) finally delivered its long-awaited verdict on open skies in early...

Asia.(Association of Asia-Pacific Airlines)
December 1, 2002... takes off The annual meeting of Asia-Pacific airline presidents produced an upbeat mood despite the fall-out from the bombing in Bali When Asia-Pacific's airline leaders met in November last year, the terrorism attacks of 11 September...

The data.(data warehousing)
December 1, 2002... game Data warehousing is growing in capacity, with the promise of getting ever closer to the customer, but cultural barriers continue to stand in the way Airlines have never exactly been short of customer data and in the present...

Partners; in peril.(airline, airport security)
December 1, 2002... Airports and airlines are unified in their fears over approaching security deadlines as they try to determine the direct and indirect costs of the new US security regime that begins from 2003 The new world of US security is probably here to...

Airports.(finance, security)(Brief Article)
December 1, 2002... Special report With airlines under intense cost pressures, the slow-burning issue of airport user charges has returned to the fore. As the financial rankings show, airport groups continue to return steady profits in sharp contrast to their...

Cyclical.(airline finances and the economy)
December 1, 2002... crisis A decade on from the last recession the cycle has again turned down and airline finances are back under intense pressure. But how well is the industry positioned to weather this latest storm? History, so it is said, has a habit...

New.(airline operations)
December 1, 2002... horizons While the major US carriers remain reluctant to reinstate the long-haul services that they cut last year, some international carriers have been exploring new and occasionally unexpected route opportunities A year ago, in the...

Is the end of the Chicago Convention era in sight?(open skies ruling)
December 1, 2002... Geert Goeteyn, partner at Howrey Simon Arnold & White law firm in Brussels, looks at some of the implications resulting from the European Court's recent open skies ruling. On 5 November 2002, the European Court of Justice (ECJ) delivered...

Executive appointments.(airline industry personnel)
December 1, 2002... TUI Airline Management Hatton takes up TUI reins In a further realignment of its senior airline management roles, leisure giant TUI has appointed Kevin Hatton, 57, as the new chief executive of TUI Airline Management. He succeeds...

Investigation Nicholas Ionides / Singapore & David Learmount / London; Pilot error to blame in Air China 767 accident.
December 3, 2002... South Korean accident investigators have given clear indications that pilot error is seen as a probable cause of the 15 April crash of an Air China Boeing 767-200ER on a poor weather visual approach to Busan's Gimhae airport. The captain...

Expansion; Atlantic drills for North Sea oil cash.(Atlantic Airways )(Brief Article)
December 3, 2002... Atlantic Airways is investigating new destinations and looking to increase frequencies on its existing routes in order to fill extra capacity owing to the return of an aircraft. Based at Vagar airport in the Faeroese town of Sorvagur, the...

Low-cost carriers ANDREW DOYLE / CAIRNS; Australian targets more aircraft and destinations; Budget Qantas subsidiary puts China - particularly Shanghai - high on list.(Australian Airlines)
December 3, 2002... Australian Airlines is eyeing expansion to 12 aircraft within two years after inaugurating flights to its launch destinations of Nagoya, Osaka, Fukuoka, Singapore, Taipei and Hong Kong. The airline is targeting Shanghai as potentially the next...

Lease; BMI's A330s readied for SAA.(South African Airways )(Brief Article)
December 3, 2002... The first of two Airbus A330-200s that BMIBritish Midland is wet-leasing to South African Airways is set to enter service. The two aircraft - one which has been idle for over a year and the other that is currently deployed on BMI's two...

Safety David Learmount / London; Interim Crossair crash recommendations suggest human error.
December 3, 2002... A lack of evidence of any aircraft or navigation aid malfuction has led German accident investigators to focus on human factors in most of their interim recommendations relating to last year's Crossair BAE Systems Avro RJ100 crash in Germany....

Funding; Tu-214 backer finally gets cash from government.(Brief Article)
December 3, 2002... The Tupolev Tu-214 production line at the KAPO factory in the Tatarstan capital Kazan has received a boost following the issuing of government funding to its backer Finance Leasing Company (FLC). The Russian government has finally...

safety; FAA sets more Boeing fuel limits.(Brief Article)
December 3, 2002... Boeing 747, 757 and Next Generation 737 operators have been set more fuel handling rules by a US Federal Aviation Administration emergency airworthiness directive (EAD). This follows the discovery of serious pump overheating evidence in three...

agency; Homeland Security to have $40bn budget.(Brief Article)
December 3, 2002... US President George Bush last week signed legislation creating the planned Department of Homeland Security (DHS), bringing 22 federal agencies with a combined budget of $40 billion under a single umbrella. The intention is to improve...

Air navigation Nicholas Ionides / Singapore; Route revamp slashes Asia-Europe flying times.(Brief Article)
December 3, 2002... A sweeping overhaul of the air route network between Asia and Europe was implemented on 28 November after more than two years of work. The goal is to ease congestion and lead to fuel savings for airlines by reducing flying times. Gary...

strategy Justin Wastnage / New York; Lufthansa set to expand on Big Apple success ; German flag-carrier will launch up to four routes with major order for ACJs or BBJs.
December 3, 2002... Lufthansa is to increase its point-to-point business jet services from secondary airports, following the success of its trial service to New York Newark from Dusseldorf. The carrier is to launch up to four new routes, using wet-leased...

feeder services Brendan Sobie / Washington DC; Wider Mesa-US Airways deal faces labour hurdle; Contract will now include 70 extra regional aircraft, but pilots must agree jets-for-jobs.
December 3, 2002... Mesa Air Group and US Airways have extended their regional jet contract to include 70 additional aircraft, but several hurdles could delay or even block the anticipated expansion. Mesa plans to add a mix of Bombardier CRJ200s, CRJ700s and...

air traffic management Justin Wastnage / Barcelona; Non-radar Kiruna airport to host live ADS-B trial; Six general aviation aircraft to be fitted with transponders to verify update rates.(Kiruna airport in northern Sweden)(Brief Article)
December 3, 2002... Europe's first operational trial of an automatic dependent surveillance-broadcast (ADS-B) communications navigation and surveillance/air traffic management (CNS/ATM) system is to start next month at an airport in northern Sweden. Six...

Engine development Guy Norris / Los Angeles; Rolls-Royce to ship Trent 800 fix; Manufacturer plans two-phase upgrade to tackle powerplant performance deterioration in hot and heavy conditions.(Brief Article)
December 3, 2002... An upgrade package to tackle faster than expected performance deterioration on Rolls-Royce Trent 800s operating in hot and heavy conditions is expected to be shipped to Boeing 777 operators by year-end. The upgrade, designated the 895C,...

Testing; First 900 trials finish.(Rolls-Royce Trent 900 engine)(Brief Article)
December 3, 2002... Rolls-Royce has completed the first rig tests of an advanced, low-weight fan-containment system for the Trent 900, destined for the Airbus A380. Tests, although conducted on a 2.47m (8.1ft) Trent 500-sized fan assembly and containment...

Safety; Fatal Whyalla Airlines crash investigation to reopen.(Australian Transport Safety Bureau)(Brief Article)
December 3, 2002... The Australian Transport Safety Bureau (ATSB) is to re-openits investigation into the crash of a Whyalla Airlines Piper Chieftain on 31 May, 2000,which killed the pilot and all seven passengers in a night ditching following a double engine...

Workshop.(Brief Article)
December 3, 2002... n Goodrich Aviation Technical Services inEverett,Washington, has been approved byAviation Partners Boeing to install blended winglet performance enhancement systems on Boeing 737-700/800s. GEEngine Services has been contracted to maintain the...

production; Sokol starts Airbus trials.(aircraft)(Brief Article)
December 3, 2002... Sokol has begun "trial production" of Airbus components at its plant in Nizhniy Novgorod, Russia. Airbus chose Kaskol, a private investor with 38% in Sokol, as its main Russian partner, signing a deal on 21 May, 2001, to develop Airbus A318,...

SATELLITE NAVIGATION JUSTIN WASTNAGE / BARCELONA; EC acts to ensure Galileo's survival; Squabbling between Germany and Italy threatens programme, but Brussels plans to start without waiting for ESA funds.
December 3, 2002... The European Commission (EC) is preparing a fallback plan to ensure the delayed Galileo satellite navigation system programme goes ahead on schedule, despite arguments among its state backers. Aworkshare dispute between Germany and Italy...

Merger; DoD sets competition rules for TRW take-over.(US Dept. of Defense on Northrop Grumman/TRW merger )(Brief Article)
December 3, 2002... The US Department of Defence (DoD) will block the Northrop Grumman/TRW merger unless competition in the military space sector is preserved. The DoD has made that a condition for Department of Justice (DoJ) approval of Northrop Grumman's...

finances David Field / Rio de Janeiro; United holds breath as it crawls back from brink ; The airline will soon learn whether it has escaped Chapter 11 bankruptcy protection.(United Air Lines Inc.)
December 3, 2002... United Airlines should know this week if it has successfully dodged Chapter 11 bankruptcy protection. A $375 million loan payment is due this week, and a decision from the Air Transportation Stabilization Board on the federal guarantees for a...

Restructuring Jackson Flores / Rio de Janeiro; Varig at crisis point as entire airline board resigns.
December 3, 2002... Varig's new interim chief executive Manuel Guedes has vowed to get the ailing airline back on its feet by trying again for a state rescue package. It follows the resignation of the entire board, including chairman and chief executive Arnim...

Production; Embraer forecasts regional jet recovery.(Embraer Empresa Brasileira de Aeronautica S.A.)(Brief Article)
December 3, 2002... Embraer is anticipating a steady recovery in demand for regional jets from 2004, as it has increased its estimate of the total market for mid-size regional jets by 8% over the next 20 years. It has also published its first forecast for the...

finances ; Fairchild Dornier seeks political will.(Brief Article)
December 3, 2002... Creditors for bankrupt Fairchild Dornier, meeting this week, are being told that German politicians hold the key to the airframer's survival. "The ball is now on the German side," says Irkutsk Aircraft Production Association, part of a Russian...

fuel alexander campbell / london; War in Iraq could threaten EasyJet's growth plans; Low-cost airline warned purchasing policy would derail ambitions if oil price rises.
December 3, 2002... Seven years ago Stelios Haji-Ioannou launched EasyJet with a wet-leased Boeing 737-200 - last week he stepped down as chairman of one of the world's fastest-growing airlines with a fleet of 64 aircraft and orders for almost 140 more. But the...

people.
December 3, 2002... n Former IBMchief executive Lou Gerstner is to succeed Frank Carlucci as chairman of the Carlyle Group, the USprivate equity firm. Carlucci will become chairman emeritus. AsaHutchinson is to serve as under-secretary for border and...

Uncompetitive but...(Airline merger in Australia and New Zealand)
December 3, 2002... Intrigue, politics and national pride. There's more than meets the eye to the proposed tie-up between Australasia's flag carriers. This magazine has a confession to make. We don't understand how, based on given information, Australian and...

anti-ship missiles; Russians give Yakhont green light.
December 3, 2002... NPO Mashinostroyenia has completed Russian state acceptance trials of the Yakhont anti-ship cruise missile, which has now entered Russian naval service, says NPO Mash general director Gerbert Efremov. The 3,000kg (6,600lb)fire-and-forget...

Maritime Patrol Paul Lewis / WashingtonDC; EADS Casa treads water as deal slips to year-end; Creation of homeland security department complicates US Coast Guard aircraft need.
December 3, 2002... EADS Casa is nervously awaiting an expected year-end deal for a new fleet of US Coast Guard (USCG) fixed-wing patrol aircraft, which it hopes will confirm the selection earlier this year of the CN235ER Persuader. The deal forms part of the $11...

contracts.
December 3, 2002... n Snow Aviation International has received a $5.9 million Pentagondeal for the technical demonstration of improvements to the Lockheed Martin AC-130 gunship. The contract has been awarded because of "an urgent requirement to demonstrate...

Procurement; Greek defence spend leaves army short.
December 3, 2002... The Greek government intends to order NHIndustries NH90 utility helicopters and Boeing AH-64D Apaches in a g2.1 billion ($2.1 billion) army aviation and naval equipment acquisition programme. It has set aside g659 million for the Apaches...

Precision Munitions; Have Lite completes maiden flight.
December 3, 2002... Lockheed Martin has completed the first flight test of the Have Lite variant of the AGM-142 Have Nap/Rafael Popeye air-to-surface missile. A successful test is viewed as critical as the company steps up efforts to secure an international launch...

Attack helicopters Paul Lewis / WashingtonDC; Comanche team focuses on costs ; Mechanism for identifying potential delays in place following US DoD decision to reduce order to 650 machines.(United States Department of Defense)(critical design review of the Boeing-Sikorsky RAH-66 Comanche program)
December 3, 2002... The restructured Boeing-Sikorsky RAH-66 Comanche programme is facing a subsystem level critical design review (CDR), as the joint venture starts to tackle the key issue of costs in the wake of the USDepartment of Defense's decision to slash the...

Force development; Russia hastens Yak-130 and Su-34 service entry.(Russian Air Force)(Brief Article)
December 3, 2002... The Russian air force is seeking ways to speed up service-entry of the Yakovlev Yak-130 jet trainer and Sukhoi Su-34 strike bomber. Next year, Sokol is due to complete the first batch of four pre-production Yak-130s forcertification trials,...

Propulsion Guy Norris / Los Angeles; DARPA schedules mini-scramjet free-flight trials ; Demonstrations are planned for January using a low-cost gun-launching technique.(United States Defense Advanced Research Projects Agency)
December 3, 2002... Free-flight demonstrations of a fin-stabilised mini-scramjet (supersonic combustion ramjet) are scheduled to start in January at the Arnold Engineering Development Center (AEDC), Tennessee, using a low-cost, gun-launching technique which has...

Unmanned systems ARIE EGOZI / TelAviv; Israeli rivals declare truce in united Turkish bid.(Israel Aircraft Industries Ltd.)(Elbit Systems Ltd.)(Turkish defence force unmanned air vehicle program)(Brief Article)
December 3, 2002... Israel AircraftIndustries (IAI)and Elbit Systems have teamed up to compete for a $600 million Turkish defence force unmanned air vehicle UAV programme. This is the first time the two have co-operated on a UAV acquisition, as the two companies...

Development Ryszard Jaxa-Malachowski / Mielec; Skytruck upgrade beats radar snag.(Polskie Zaklady Lotnicze)(Brief Article)
December 3, 2002... Polskie Zaklady Lotnicze (PZL) has unveiled a new version of the M28 Bryza/Skytruck, equipped with a "retractable" undercarriage in-place of the original design's fixed gear, and improved maritime patrol sensors. PZL intends to complete the...

PARTNERSHIP Graham Warwick / Washington DC; Bombardier seeks partner to remarket traded-in jets; Manufacturer also improves resale package in bid to reduce inventory of used aircraft.
December 3, 2002... Bombardier is looking for a partner to take over remarketing of used aircraft traded in against new business jets. The move is part of plans to dispose of the business aircraft portfolio of financing arm Bombardier Capital. Like other...

Licensed manufacturing Paul Lewis / Washington DC; A109 Chinese deal struck as AVIC II shows off.(Brief Article)
December 3, 2002... AgustaWestland is finalising a deal to sell A109E Power helicopters to China, which will include a provision to licence-manufacture the twin-engined machine. China National Aero-Technology Import and Export Corp (CATIC) and AgustaWestland...