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Chinese
water diversion project slated to start next year
The construction of China’s largest water diversion project is expected to begin next year, channelling water from the Yangtze River to the drought-stricken north. The State Council is expected to approve the construction of the first link late this year, according to Ministry of Water Resources officials attending a conference in Shanghai. In the next 15 years, construction of the east and central routes are scheduled to be completed and put into operation. During the period, further research on the western route, the most difficult part of the scheme, will continue, ready for its possible construction. 12/04/01   RELATED
ARTICLES:Asian Development Bank stresses urgency of integrated water policy across the region China pleads for foreign investment in water Companies prepare to prequalify for Nepalese water supply tunnel contracts Singaporean desalination plant to be built by private sector In a major policy U-turn, Singapore's acting Minister for the Environment, Lim Swee Say, has announced that the country's first large-scale desalination plant will be undertaken on a build-own-operate basis by the private sector. Speaking at the launch of an international desalination conference on 20 March, he said the plant is expected to turn out 30 million gallons a day (mgd) when it becomes operational in 2005 - a tenth of the city-state’s current daily water consumption. 12/04/01 RELATED
ARTICLES:Prickly neighbours Iberia's IPO goes ahead Spanish flag carrier Iberia finally went ahead with its initial public offering (IPO) on Tuesday 3 April, despite that market conditions for an IPO could hardly be tougher and the fact that the price of the retail tranche had to be substantially dropped at the last minute. Iberia officials may yet regret that decision, as the share price immediately slumped on heavy trading and the carrier is now faced with a queue of disgruntled institutional investors seeking compensation for the sharp falls in the value of their investments. And just in case the airline is not faced with enough problems, its relationship with its pilots' union is rapidly deteriorating, as evidenced by a series of work-to-rule protests by the pilots in the run up to the IPO. No one said that an Iberia IPO was going to be easy - but the events of last week have hardly generated the kind of press coverage that the airline was seeking. 12/04/01  RELATED
ARTICLES:Iberia takes delivery of new aircraft British Airways to take a stake in Iberia Woodbridge acquires Jane's Information Group from Thomson TORONTO, April 4, 2001 - The Thomson Corporation (TSE:TOC) today announced that Jane's Information Group has been acquired by a subsidiary of The Woodbridge Company Limited, the holding company of the Thomson family, for US$110 million.
04/04/01
New charter operator seeks Boeing 747s A newly formed airline Voyager International Airlines has filed documents with the US Federal Aviation Administration (FAA) for certification to operate charter flights utilising B-747-200 aircraft. Voyager, based at JFK International Airport, anticipates it will begin flights by the fall, pending FAA and US Transportation Department approvals. The carrier intends to lease two B-747-200 aircraft for its start-up, adding more aircraft as market demand is realised. 06/04/01 RELATED
ARTICLES:THE BOEING COMPANY BOEING 747- 400 Railtrack on course for rehabilitation UK rail infrastructure company Railtrack appears to be on a course toward financial and managerial rehabilitation following the appointment of a new chairman and acceptance by the UK government to pay company a £1.5 billion ($2.175 billion) subsidy. Railtrack has asked for the early payment, not due until 2006, to cope with financial losses incurred after the Hatfield train disaster last October. 30/03/01 RELATED
ARTICLES:Railtrack receives $400 million loan UK infrastructure funding doubts Kiley faces tough Tube battle The future of London's Underground is quite literally uncertain following disagreements in management style and remit between London's transport boss, Bob Kiley, and the UK government. Kiley has called for full control of the London's sprawling Underground, warning that failure by the government to accept would likely result in disaster because of worsening safety standards. 30/03/01 RELATED
ARTICLES:£133 million loan for London Underground Livingstone unveils draft London transport strategy Manchester buys to expand  MANCHESTER
AIRPORT, Britain's biggest outside London, has bought East Midlands and
Bournemouth International airports from National Express for £241
million (US$350m). This latest acquisition, following its purchase of an
82.7% stake in Humberside in June 1999, now makes Manchester Airport the
second largest airport operator in the UK, after BAA, with its four airports
handling some 22 million passengers last year.30/03/01  RELATED
ARTICLES:Manchester Airport gets approval for 2nd runway Airline Group chosen as NATS partner The announcement today that the UK government will hand over the running of the country's air traffic control (ATC) system to the workforce of National Air Traffic Services (NATS) and the Airline Group -- a consortium of eight UK airlines backed by British Telecommunications and several other European ATC organisations -- is significant because it is the first time any government will have largely relinquished control of ATC provision to a commercial concern. 27/03/01 RELATED
ARTICLES:Market Review: Air Traffic Control 2000-2001 RELATED CONFERENCE: ATC Asia Pacific 2001 "Capacity through Partnership" Olympic sale process steps up The second data room round in the bidding process for a majority stake in Greek carrier Olympic Airways got underway on March 26, with four parties still firmly in the running, according to sources close to the airline. 26/03/01 RELATED
ARTICLES:Olympic Aviation expands fleet with Boeing 717-200 Companies prepare to prequalify for Nepalese water supply tunnel contracts Contractors will be given a crack at bidding for a 27km water supply tunnel as part of Nepal’s $400m Melamchi water supply scheme, when the Melamchi Water Development Board (MWDB) invites firms to prequalify in September. Dinesh Chandra Pyakurel, MWDB executive director, said shortlists of contractors will be drawn up by February 2002 ready for tenders to be invited for the two tunnel construction contracts. 23/03/01 RELATED
ARTICLES:Asian Development Bank stresses urgency of integrated water policy across the region China pleads for foreign investment in water Three state organisations form joint venture to develop railway line The Ministry of Railways and Zhejiang and Fujian provinces have signed a contract to initiate their joint venture Wenzhou-Fuzhou Railway construction project. The 360km line will run from Wenzhou to Fuzhou via southern Zhejiang and the coastal areas in eastern Fujian. The ministry and the two provinces will share the burden of the project’s investment. 23/03/01 RELATED
ARTICLES:Most dramatic railway in the world gets the green light Bank loan for Uzbekistan Railway Government ploughs US$12.5bn into start-up construction projects The Hong Kong government is to seek initial funding in the next financial year, starting in April, for about 120 construction projects that together are worth nearly US$12.56bn. This is slightly higher than the $11.6bn total in 1999-00 and $10.9bn in 1998-99. 21/03/01 RELATED
ARTICLES:Consultants tender for airport expansion study Jane's Catalogue: Asian Infrastructure Monthly French industry in for the long haul  Slack
demand in the region last year will not deter French industry from competing
for future business. "France will stay in the Gulf, no matter what the level
of demand," explained Phillippe Roger from France's armaments directorate.20/03/01
RELATED
ARTICLES:Jane's IDEX Site IDEX Show Daily interview with Lt Gen Ugo de Carolis 
IDEX Show Daily interview with Lt Gen Ugo de Carolis, Italy's deputy national
armaments director.20/03/01
RELATED
ARTICLES:Jane's IDEX Site More orders for Vickers  Late
last week, the UK Defence Procurement Agency (DPA) awarded Vickers Defence
Systems a £250 million contract for 66 Engineer Tank Systems (ETSs) based
on the Challenger 2 tank chassis.20/03/01
RELATED
ARTICLES:Jane's IDEX Site Singapore port authority: blurring distinctions Singapore has long stressed its commercial ethos, but the planned flotation of the republic's port operator, PSA Corporation, is already appearing to challenge the distinctions between government and private enterprise. PSA is currently 100 percent owned by the government's investment arm, Temasek, and reported robust growth in business last year in terms of both domestic volume and overseas throughput. Operating profit was up 10.4% for the year. 15/03/01 RELATED
ARTICLES:Port Authority investment on its airports between 1991 and 2001 SAir aviation carve-up continues The sale of SAir Group's non-core assets are continuing apace with rumours the holding company is looking for a buyer for its aircraft leasing businesses and is talking to a number of aircraft leasing companies, a senior source told Jane's Transport Finance. 14/03/01 RELATED
ARTICLES:SAir invests in TAP SAir takes SAA stake, too Eurotunnel completes innovative securitisation Eurotunnel's innovative securitisation was priced on February 22, over-subscribed on each class of notes. The £900 million ($1.3 billion) transaction, lead managed by Dresdner Kleinwort Wasserstein and Merrill Lynch, attracted over 100 investors from France and the UK, Germany, Austria, southern Europe and the US, as the notes were Rule 144A eligible. 09/03/01 RELATED
ARTICLES:Channel Tunnel Link breakthrough ceremony Thai dropping foreign offering plans After months of negotiation and speculation, the Thai Ministry of Finance said it was dropping plans to sell 10% of Thai Airways International to a foreign strategic partner. The announcement came just days after the new Thai Rak Thai-led government took office, but was not entirely unexpected, given the opposition to the plan from the airline's management, amid concerns over loss of control of some of the carrier's international landing rights. 09/03/01 RELATED
ARTICLES:THAI AIRWAYS AND EL AL ISRAEL AIRLINES SIGN A CODESHARE AGREEMENT THAI AIRWAYS INTERNATIONAL ANNOUNCES NEW PRESIDENT JetBlue to return to bank market New York-based start-up carrier JetBlue is expected to award a mandate for up to four A320 deliveries by mid-March. Sources said the carrier is working through the final term sheet details with a bank group headed by HypoVereinsbank and BNP Paribas. This follows a similar deal last year when the two banks initiated the carrier into aircraft finance. 09/03/01 RELATED
ARTICLES:Jane's All the World's Aircraft: AIRBUS A320 JETBLUE PURCHASES FURTHER AIRBUS Alstom wins rail engineering excellence of the year award for its EMFaCIS Alstom was presented with the Rail Engineering Excellence of the Year award for its EMFaCIS (Electro-mechanical Metal Fatigue & Crack Inspection Service) at the HSBC Rail Business Awards 2000 held at London's Savoy Hotel on 20 February 2001. 08/03/01  RELATED
ARTICLES:Alstom to acquire Fiat Ferroviaria ALSTOM to supply new trams and maintenance for Melbourne Smartcard first for Rome The ERG Motorola Alliance has announced the launch of the first full-scale rollout by a major city in Europe that integrates all modes of public transport using contactless smart card technology. The Metrobus system is being rolled out for ATAC, the public transport authority which operates the bus, rail and tram network in Rome and the surrounding region of Lazio. 06/03/01 RELATED
ARTICLES:Swiss plan ticketless travel Qantas mulling low-cost entrant Weakened by high fuel prices and tough competition from low-fare carriers Virgin and Impulse, Qantas Airways may launch a low-fare airline to serve Asian routes that had been dropped because of the struggling carrier's finances. 05/03/01 RELATED
PRODUCT:Jane's Catalogue: Jane's World Airlines WestLB in bank market to fund Boullioun acquisition In a move that surprised some air finance bankers, Westdeutsche Landesbank apparently is preserving the integrity of its balance sheet by going to the bank market to finance its own acquisition of operating lessor Boullioun Aviation Services (BAS). 02/03/01 RELATED
ARTICLES:WestLB acquiring operating lessor Boullioun Aviation Services Boullioun being courted Vehicle updates from Fleetmaster Fleetmaster Bus & Coach, UK, in partnership with UK bus bodybuilder, East Lancashire Coachbuilders is offering a version of the Blackburn coachbuilder's Myllennium body on refurbished Tiger or Volvo B10M chassis utilising remanufactured engines and gearboxes if required. 28/02/01 RELATED
ARTICLES:Articulated buses for UK city Volvo bus unveils a new Euro-3, mid engine coach for the UK and Irish Market Ukrainian bid to update IAF's fleet of An-32s Ukraine's Antonov design bureau has proposed a series of modifications intended to improve the capabilities and extend the service lives of the Indian Air Force's (IAF's) approximately 110 An-32 transport aircraft. 27/02/01
RELATED ARTICLES:Defence Gallery: Antonov An-70 transport aircraft Market Review: Aircraft Upgrades 2000-2001 Boeing predicts boost in funding for R&D The head of Boeing's research and development (R&D) arm, the Phantom Works, has predicted a boost in funds for military science and technology (S&T) and R&D programmes from the new administration of President George Bush. 20/02/01
RELATED ARTICLES:Flights of fancy take shape - Jane's Air Forces Pentagon's hidden budget - Jane's Defence Anglo-Italian helicopter merger reaches the finishing post On 12 February 2001, Finmeccanica SpA and GKN plc announced that they had completed the formation of the merged company AgustaWestland with each company owning 50% of the new business. The new company is expected to have a combined revenue of circa $2.4 billion and an order book of over $8 billion from both civil and defence products. The combined workforce is expected to exceed 10,000 employees. 15/02/01
RELATED
ARTICLES:Market Review: Jane's Helicopter Markets and Systems 2000 - 2001 UITP goes to London UITP, the International Association of Public Transport, has chosen Earls Court, London, for its World Congress and Mobility and City Transport Exhibition. This is the first time that these major events in the public transport calendar will be held in London. 15/02/01 RELATED
ARTICLES:Market Review: Urban Transport Systems 2000-2001 JAR exhibition update The Jane's Airport Review list of upcoming conferences and exhibitions has just been updated. Access it here. 09/02/01 JANE'S
RELATED CONFERENCES:ATC Asia Pacific 2001 "Capacity through Partnership" Vietnam Air mulling purchases State-owned Vietnam Airlines is looking to double its aircraft fleet in the next decade. The increase, from the current 23-strong fleet, will be financed by the government with the help of soft loans, bond issues, the relaxation of rules on foreign exchange sales and tax breaks. The acquisitions could cost up to $2 billion, spread over a two-phase investment strategy involving $1 billion of expenditure in the next five years and a similar amount in the following period. 08/02/01 RELATED
ARTICLES:VIETNAM AIRLINES ADD B767 AIRCRAFT Lucchini to purchase railway wheel and wheelset manufacturing activities from Adtranz Manchester Lucchini has concluded a definitive sale and purchase agreement for the shares and assets of the wheel and wheelset manufacturing activities of Adtranz Manchester, UK, and Surahammar, Sweden. The businesses transferred in November 2000. 07/02/01 RELATED
ARTICLES:Adtranz sells wheelset manufacturing activities India selects bidders for Bangalore The Airport Authority of India (AAI) has shortlisted two companies to build a new US$300 million airport in the southern Indian city of Bangalore. The two consortia are led by German construction group Hochtief, which includes Düsseldorf Airport, and Swiss-based airport operator Unique Zürich Airport, backed by German conglomerate Siemens and Indian engineering and construction firm Larsen & Toubro. Bids are due by April or May. The winning consortium will take a 74% stake in the airport, but will be responsible for raising 100% of the debt. Karnataka state and the AAI will each hold 13% of the shares.. 07/02/01 RELATED
ARTICLES:Bidders pull out of race for Bangalore airport Jane's Conferences: ATC Asia Pacific 2001 "Capacity through Partnership" Advisors line up for Sydney ABN Amro, Macquarie Bank, Credit Suisse First Boston, Merrill Lynch, Salomon Smith Barney and UBS Warburg are expected to bid for the advisory mandate on the privatisation of Sydney Kingsford Smith Airport. Deadline for bids was 8 Janaury, with "scoping" studies due to be received by the end of this month. The studies will address the issue of whether the airport will be sold to strategic investors, through a public offering, or a combination of both schemes. 07/02/01 RELATED
LINK:Jane's Conferences: ATC Asia Pacific 2001 "Capacity through Partnership" International investors acquire Bristol A joint venture company owned by Australia's Macquarie Bank and Cintra Concesiones de Infraestructuras de Transporte, a subsidiary of Spanish Grupo Ferrovial, has acquired the UK's Bristol International Airport from the FirstGroup and Bristol City Council. The value of the deal was £198 million (US$300m). The new owners intend to develop a wide range of scheduled and charter services for the business and leisure traveller in southwest England. 07/02/01 RELATED
LINK:Jane's Conferences: ATC 2001 "Enhancing capacity and safety, in the air, on the ground" GDLS challenges Israel for Turkey's M60 project The USA's General Dynamics Land Systems (GDLS), competing in Turkey's anticipated $7 billion main battle tank (MBT) co-production project, has decided to market its upgraded M60-2000 MBT to Turkey as well. 06/02/01
RELATED
ARTICLES:IDEX 2001 Showsite: Jane's Imagery Light Armoured Vehicles Supplement Market Review: Armour And Artillery 2000-2001 Market Review: Armour and Artillery Upgrades 2000 - 2001 Livingstone unveils draft London transport strategy Mayor of London Ken Livingstone has unveiled his draft transport strategy for public consultation. The strategy sets a framework for integrating all modes of transport, with improvements to the bus network an immediate priority and rejuvenation and expansion of the Underground as longer-term aims. 06/02/01 RELATED
ARTICLES:Mayor sets out package of strong measures to solve London's transport crisis 2001: a watershed for Russian defence? This year promises to be something of a watershed for key Russian industries. There are plans for a root and branch restructuring of the defence industry that according to Deputy Premier Ilya Klebanov will transform it from a sprawl into a 'handful' - probably eight to ten focussed holding companies. Klebanov, whose remit includes the defence industry, has spoken typically of the need to create one large aircraft manufacturing group that would be capable of withstanding international competition. 05/02/01
RELATED PRODUCT:Jane's Catalogue: Russia's Aerospace Industry Special Report Killer earthquake takes its toll on infrastructure, at an estimated cost of $638m The Indian government has decided to seek a $1bn loan from the World Bank and another $500m from the Asian Development Bank (ADB) for reconstruction works in Gujarat, where a trail of death and destruction followed the January 26 earthquake. 'We have instructed our officials in Washington and in Manila to approach the World Bank and the ADB for assistance in reconstruction work in Gujarat,' said Finance Minister, Yashwant Sinha. 05/02/01 RELATED
PRODUCT:Jane's Catalogue: Asian Infrastructure Monthly |
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