Aircraft News - Europe.Aug 27, 2007 Aeroflot, Airbus, Boeing Aeroflot To Buy Boeing 787s, Airbus A350s. Russia's national airline, Aeroflot, will pay USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $5.81 billion for a total of 44 aircraft from Boeing and Airbus, a discount of about 17 percent, Vedomosti business daily reported on Monday. Aeroflot has agreed to pay USD$2.906 billion for 22 Boeing 787 Dreamliner aircraft and USD$2.904 billion for 22 of Airbus's A350 XWB XWB Extra Wide Body (Airbus) planes, the paper said, citing a report by Interfax news agency. Aeroflot announced the deals earlier this year but has never said how much it was going to pay for the aircraft in one of the biggest-ever foreign plane orders by a Russian company. Analysts told the paper the discount was so large because Aeroflot had managed to play off both companies against each other. Under the deals, Aeroflot will get its first Airbus in 2014 and the last in 2019, and its first Boeing in 2014 and the last in 2016, the paper said. Aug 20, 2007 Aeroflot Cargo, Boeing Aeroflot Cargo currently operates four McDonnell-Douglas DC-10 Freighters. In addition to these two McDonnell-Douglas MD-11s, Aeroflot-Cargo has committed to lease three more MD-11 Boeing Converted Freighters from the Boeing Capital Corporation within the 2007-2008 timeframe. Boeing Commercial Aviation Services will provide detailed engineering design work and oversight of the Aeroflot-Cargo conversions, with SASCO SASCO ST (Singapore Technologies) Aviation Services Co. SASCO South African Students Congress SASCO Sudanese Aeronautical Services Co. Ltd , a subsidiary of Singapore Technologies Aerospace, providing touch labor on the airplanes. In total, Boeing has converted more than 100 MD-11 passenger airplanes to freighters. Aug 23, 2007 Aeroflot Cargo, Boeing Boeing is helping Aeroflot-Cargo improve its operational efficiency and adapt to growing cargo market demands by converting two MD-11 passenger airplanes into freighters and updating their flight deck features and cargo-handling system so that they are consistent across Aeroflot-Cargo's fleet. A converted MD-11 has a capacity of 205,400-pounds (93.2 tones) structural payload at a range of 3,486 nautical miles (6,456 kilometers) and is capable of 630,500-pounds (286,000 kg) maximum takeoff weight The Maximum Takeoff Weight or Maximum Takeoff Mass of an aircraft is the maximum weight at which the pilot of the aircraft is allowed to attempt to take off. The Maximum Takeoff Weight is the heaviest weight at which the aircraft has been shown to meet all the airworthiness . The main and lower deck cargo compartments hold a total of 36 96-by-125-inch pallets or containers. Modification work will begin in November 2008. Aug 23, 2007 Airbus, Singapore Airlines Airbus and Singapore Airlines have agreed a delivery timetable for the first A380 aircraft, which will officially be handed over on Monday 15 October in Toulouse. Public seats on the maiden scheduled flight, set for Thursday October 25 between Singapore and Sydney, will be auctioned off for charity. With 471 seats, the aircraft is configured in three classes: economy, business and the new Singapore Airlines Suites. Aug 20, 2007 Boeing Boeing predicts Russia, former Soviet states to spend $70B on planes. Boeing says airlines in Russia List of aircraft operators which are licenced by the Federal Air Transport Agency and which have been assigned domestic codes by the Russian authorities[1] AIRLINE Russian name ICAO IATA DOM. and the 11 other former Soviet republics in the Commonwealth of Independent States Commonwealth of Independent States (CIS), community of independent nations established by a treaty signed at Minsk, Belarus, on Dec. 8, 1991, by the heads of state of Russia, Belarus, and Ukraine. Between Dec. 8 and Dec. may buy more than 1,000 new passenger planes worth $70 billion over the next two decades. Boeing forecasts that airlines in the region will order 470 planes the size of Boeing's 737, worth $30 billion. Another $20 billion will be spent on twin-aisle jets, with the remainder spent on smaller regional aircraft. Aug 23, 2007 Boeing, Atlant-Soyuz Boeing and Atlant-Soyuz announced today at the 2007 Moscow Air Show that the Moscow-based carrier is the customer for four Next Generation 737-700s. The order, worth $249 million at 2007 list prices, was listed as unidentified on Boeing's Orders & Deliveries Web site in 2006 and is accounted for in 2006 order totals. Atlant-Soyuz is one of the largest charter carriers in Russia. Currently the airline offers scheduled domestic and international charter flights from its base airport, Moscow's Vnukovo International Airport Vnukovo International Airport (Russian: Международный аэропорт Внуково . Atlant-Soyuz is an official carrier for the Government of Moscow. Aug 23, 2007 Dubai Aerospace Enterprises Dubai Aerospace Enterprises plans to purchase at least 125 aircraft for its DAE See digital audio extraction. Capital leasing segment over the next five years, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Robert Genise told Bloomberg News, adding that the company will "probably" need $4-$4.25 billion in debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay for the acquisitions. DAE Capital is considering a future IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. and will focus principally on sale/leaseback arrangements with airlines, he told the news service. Aug 24, 2007 Finnair Technical, Lufthansa Cargo Finnair Technical Services and Lufthansa Cargo signed a maintenance agreement covering airframe MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. of two MD-11 freighters. The deal includes an option for two additional airframe maintenance visits in 2008-09. Aug 20, 2007 Finnair Technical, World Airways Finnair Technical Services announced an agreement with World Airways covering airframe maintenance on two of World's three DC-10-30s. Aug 24, 2007 Lufthansa Technik Lufthansa Technik and Bulgaria's Hemus Air will open a maintenance facility in Sofia. It is expected that LHT LHT Long Haul Trucker (bicycle) LHT Long Holding Time LHT Long Haul Transmission LHT Lord High Treasurer LHT Low Harmonic Technology (Siemens) LHT Long Haul Terminal (Alcatel) will hold 80% of the joint venture, Hemus MD Dimitar Pawlow told the BTA (Business Technology Association, Kansas City, MO, www.bta.org). A membership association of manufacturers, dealers, distributors and service companies in the business equipment and systems industries, founded in 1994. national news agency. MRO work will begin on 737s on an unspecified date, with 777s and A340s to follow. LHT operates similar JVs in Budapest, Malta and the Philippines and recently linked up with Austrian Airlines to open a 777 center in Vienna. Aug 22, 2007 Malev Hungarian Malev Hungarian currently has 30 aircraft, but new CEO Lloyd Paxton would like to reduce this to 22 but not necessarily by cutting routes - although a few may go - but by making the carrier more efficient and eliminating bad practices built up over the years. The airline has already agreed to the disposal of one of its three Boeing 767s, but will continue its long haul flights to New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Toronto and Bangkok, with the same frequencies. Out too are likely to be the four-aircraft Bombardier CRJ fleet, although Paxton believes he has a customer for them. Malev's biggest step forward in recent times was the joining of oneworld. Although this happened before Paxton's arrival, he said he was delighted to be part of the now ten airline worldwide alliance. Aug 21, 2007 Red Wings Airlines Red Wings is an airline based in Moscow, Russia. The airline provides both scheduled passenger and cargo charter services. History Red Wings was established in 1999 under the name VARZ-400. , Ilyushin Finance Ilyushin Finance Co. reached several leasing and purchase agreements yesterday at the MAKS MAKS Medical Aid Kit/Station air show outside Moscow, according to press reports from Russia. It signed leasing agreements for six Tu-204-100s with Red Wings Airlines (15 years worth $250-$350 million, according to conflicting press reports) and for six An-148s with GTK See GTK+. Rossiya. Deliveries to both carriers are scheduled to start next year. Aug 23, 2007 Swiss International Air Lines Swiss International Air Lines (short: Swiss) is the principal airline of Switzerland operating scheduled services in Europe and to North America, South America, Africa and Asia. Its main hub is Zurich Kloten Airport (ZRH). Swiss International Air Lines is to acquire its Swiss AviationTraining operation in full. Manfred Brennwald has been named as the unit's new CEO. Swiss AviationTraining (SAT), SWISS's flight and aviation training operation, has been run as a 50/50 joint venture with GCAT GCAT Government Content Acceptance Testing (Navy ILE content) Flight Academy UK Limited (GCAT), formerly GE Commercial Aviation Training Limited, since SWISS was established in 2002. SWISS is to acquire GCAT's 50% holding in SAT, making the operation a wholly-owned SWISS subsidiary. The acquisition was triggered by the change of control which occurred when GCAT was acquired by STAR Capital Partners Limited in February 2007. The parties agreed not to divulge the further terms of the transaction. Aug 23, 2007 United Aircraft Putin pushes Russian companies to merge with United Aircraft. President Vladimir Putin declared his hopes for Russian manufacturers' future role in the global aviation market at the opening of the Moscow Air Show. Putin wants Russia's aerospace manufacturers and designers to merge into state-controlled Unified Aircraft to better enable them to compete in the global market. Russian companies hope to produce 4,500 civilian and military planes valued at $250 billion over the next 18 years, according to officials. Aug 22, 2007 ZZ Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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