Faced with widespread uncertainty about an industry threatened by growing regulatory burdens, the specter of increased security fees and scope-clause restrictions, the Regional Airline Association did its best to lend some perspective and a sense of harmony during its annual convention, held May 12 to 15 in Nashville, Tenn.
Aviation International News » June 2002
The Sukhoi-led Russian Regional Jet (RRJ) program awaits approval to take off in July this year, but much depends on Boeing, as the U.S. aerospace giant contemplates its role in the project, so far restricted to sharing expertise in marketing and aircraft design with its Russian partners. Boeing plans to make a decision this summer.
The bankruptcy administrators in charge of the operations of Ansett Airlines subsidiary Kendall Airlines and independent Ansett affiliate Hazelton Airlines have accepted a A$500,000 ($275,000) deposit from Australiawide Airlines as part of a tentative purchase agreement for both carriers.
After 10 years of litigation, a federal arbitrator awarded United Airlines flight attendants $8.89 million in connection with a claim by the Association of Flight Attendants (AFA) that United’s 1992 purchase of the original Air Wisconsin violated a so-called scope side letter in its collective-bargaining agreement.
The lawyer representing former Fairchild Dornier employees issued a statement on May 14 that reasserts a court petition to force the company’s U.S. subsidiaries into Chapter 7 bankruptcy. The statement came just two weeks after the law firm of Campbell Miller Zimmerman expressed optimism over Fairchild Dornier’s assurances that it would “immediately” address its U.S.
Given one last chance to agree to pay cuts or risk the death of their airline, the pilots of CCAir finally blinked on April 29, when 72 percent of the Charlotte, N.C.-based airline’s remaining 108 active pilots voted in favor of a new five-year labor deal fashioned by parent company Mesa Air Group.
Memphis-based Northwest Airlines subsidiary Express Airlines I on May 8 officially changed its name to Pinnacle Airlines ahead of an initial public offering expected to raise $400 million.
Bombardier landed the first regional jet sale to a U.S. carrier this year when Atlanta-based Delta Air Lines subsidiary Atlantic Southeast Airlines converted options to firm orders on three 50-seat CRJ200s last month. The order, valued at some $68.7 million, brings to 237 the number of 50-seat CRJs ordered by ASA and fellow Delta subsidiary Comair, of which 191 have been delivered and another 46 remain on backlog.
A scale model of the six-seat Safire S-26 ultralight twinjet is undergoing wind-tunnel testing with the goal of verifying the aerodynamic design before preliminary design reviews of the airplane’s cost, performance and features. Following the completion of these reviews and an anticipated design freeze this July, the detailed design and production documentation phase will begin.
As Raytheon Aircraft works to pull itself out of its financial hole, development of the Hawker Horizon continues with “absolutely no showstoppers,” according to Jim Schuster, chairman and CEO.