Small Business Resources, Business Advice and Forms from AllBusiness.com

UPDATE: Midwest Express order new aircraft and engines.

AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD

(Adds comments about leasing)

Midwest Express Holdings, a US airline, has chosen Rolls-Royce Plc to provide up to 90 recently-ordered Boeing 717 and Embraer aircraft with new engines.

The engine contract

is valued at about USD640m.

In related news, the carrier has signed a memorandum of understanding (MOU) for up to 50 Boeing 717-200 aircraft - including an order for 20 717s and options for 30 more. The firm orders would be valued at about USD750m based on list prices according to The Associated Press. The Boeing aircraft will be delivered from February 2003 through 2006.

A spokesperson for the carrier clarified that the orders are not firm and indicated that financing details are still be worked out. The airline has indicated that most of the aircraft will be leased rather than bought according to Reuters.

The 20 Embraer aircraft that the airline has signed an MOU for will be delivered from 2002 through 2005.

((Comments on this story may be sent to aii.feedback@m2.com))

In addition, make sure to read these articles:

  • Porter Airlines becomes Canada's newest airline.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD Porter Airlines Inc has formally become Canada's newest regional passenger carrier. Yesterday (2 February) the airline unveiled its name, ......
  • UAL Corp confirms Atlantic Coast Airlines' agreement to buy regional carriers.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD Atlantic Coast Airlines Holdings Inc (ACAI), the parent company of Atlantic Coast Airlines, has agreed to acquire three regional ......
  • SkyTrax names Copa Airlines best airline in Central America, Mexico and the Caribbean.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD Copa Airlines, a passenger airline and subsidiary of Copa Holdings S.A. (NYSE:CPA), has announced that it has been ......
  • Health and safety improvements.
    • The second day of the workshop broadened the purely investment casting topics of the previous day into relevant, yet less specific topics. Under the banner ......
  • INDUSTRY BRIEFS.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2000 M2 COMMUNICATIONS LTD Trans World Airlines is offering a fare sale on some domestic, Canadian, Mexican and Caribbean routes. All fares must ......
  • Linking with suppliers electronically. (News & Notes).
    • The aircraft engine maker Rolls-Royce plc of London, which also makes marine engines and land-based turbines, has integrated more than 180 of its suppliers on ......
  • More than meets the eye
    • HEADNOTE THE VISUAL WORKPLACE'S UNHERALDED BENEFITS INCLUDE AN EMPOWERED WORKFORCE AND SUSTAINED MANUFACTURING IMPROVEMENT. IMAGE PHOTOGRAPH 1 Rolls-Royce PLC helps establish visual control using labels, ......
  • INDUSTRY BRIEFS.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2000 M2 COMMUNICATIONS LTD Air Canada has agreed to sell a hangar and other assets to the Greater Toronto Airports Authority for CAD90m, ......
  • INDUSTRY BRIEFS.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2000 M2 COMMUNICATIONS LTD Rolls-Royce Plc. has won a USD30m order from JMC Airlines to supply RB21-535E4 engines to power two Boeing 757-300 ......
  • FAA proposes new airworthiness directives.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2000 M2 COMMUNICATIONS LTD The US FAA has proposed the adoption of a new airworthiness directive (AD) that is applicable to Rolls-Royce Ltd....
  • Don't trust that tool.
    • WHAT WOULD REMBRANDT'S PAINTING "The Night Watch" look like if his brushes kept breaking in mid-stroke? The question is analogous to a problem engineers face ......
  • INDUSTRY BRIEFS.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD Rolls-Royce Plc, a UK aircraft manufacturer, has signed a 15-year, USD400m maintenance contract with TAM, a Brazilian airline. Under ......
T T T
art_print_gray Print art_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

icon - press release

Press Releases

Business Resources

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

© Copyright 2008 The Gale Group, Inc. All rights reserved.
© Copyright © 2001 Ingram Investment Ltd.


You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists