Marc Joel Atrero

Bottom Line Malaysian Airline System has announced a group operating profit of $M149m ($A83m) for the six months ending September 30, 1992, representing a profit growth of 5. 5% compared to the previous six month period. The Federal Airports Corporation has recorded a profit for the 1991/91 financial year of $34. 9 million on revenues

The Eagle Has Crashed?: Perth’s Eagle Aircraft Australia, developer of the EagleXT-S composite light aircraft, appears to have its dream to put the aircraft into production shattered with news that the company is critically short of funds and is now fully dependent on its Malaysian co­ owners for working capital. The Malaysian connection was established

Germany’s Peace Budget: Even though Germanyhas agreed to be partof the Eurofighter development programme (but not production as yet- refer elsewhere)- it is generally putting the brakes on defence spending in the wake of “the end of military confrontation in Central Europe”. Germany’s defence plan for the next decade features a budget cutbyno less than

GE Out of Aerospace: The US aerospace community continues its self-rationalisation activities in the wake of defence cuts with the news that General Electric has sold its Aerospace Division to Martin Marietta for $US3bn. The move takes GE completely out of the military and aerospace electronics business, a field in which it has been involved

Ilfc Orders Airbus and Boeing International Lease Finance Corporation (ILFC) has placed orders worth $US5. 1bn with Airbus Industrie and Boeing covering 80 aircraft and including the first order for the new 120 passenger Airbus A319. The Airbus order covers 28 aircraft and $US1. 5bn including four A300-600Rs (plus three options), one A310-300, six A319s

Qantas Looks at 800 Seater: Qantas has expressed an interest in the 600-800 seat so-called ‘Super Jumbo’ now being investigated by Boeing The Very Large Commercial Transport, as Boeing has designated it’s design study, is considered to be particularly suitable for the rapidly expanding Asian market with its congested and slot limited airports. Design proposals