Supply Side

Bombardier QantasLink, the regional unit of Qantas, is buying seven Bombardier [BBD] Q400s as part of a $200 million fleet upgrade. The 72-seat turboprops will be delivered in the second half of 2006. QantasLink has options for 10 additional planes. Once the new planes are delivered, QantasLink will shift...

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Bombardier

QantasLink, the regional unit of Qantas, is buying seven Bombardier [BBD] Q400s as part of a $200 million fleet upgrade. The 72-seat turboprops will be delivered in the second half of 2006. QantasLink has options for 10 additional planes. Once the new planes are delivered, QantasLink will shift its aircraft with new Q400s replacing 50-seat Q300s on the busiest routes. The Q300s will then serve routes now flown by Q100s and Q200s.

Embraer

Embraer [ERJ] closed 2004 with a log book of $10.1 billion in firm orders, representing 1,244 aircraft. A year ago, the firm orders stood at $10.6 billion. Last year, the Brazilian-based manufacturer delivered 148 planes, which is three more than was projected in October. There were 42 planes delivered in the fourth quarter. A year ago, the firm delivered 30 planes in the fourth quarter. Last fall, Embraer scaled backed its production of 50-seat RJs as several carriers cancelled orders. In addition, a prime customer, US Airways [UAIRQ], went bankrupt and stopped accepting new planes. Embraer now has firm orders for each model of its new 170/195 family with 343 on order and options for another 427.

Airstream

Airstream International is now marketing three Embraer 145s and one Embraer 120 that had been operating in Europe since delivery. A consortium of European banks own the planes.

Airclaims

The management team of Airclaims, the London-based provider of loss-adjusting, information and consulting services, purchased the company earlier this month from British Aviation Insurance Co. and LaReunion Aerienne. The 11-person management team was backed by LDC, a private equity firm that is part of Lloyd TSB Development Capital. Baker Tilly advised the management team on the deal. The 40-year firm reported $22.4 million in sales last year.

World Fuel

World Fuel Service Corp. [INT] is splitting its stock effective Feb. 1. By Feb. 15, shareholders will receive two shares for every one share they currently own. A global player in the marketing and financing of aviation and marine fuel products, World Fuel decided to split is stock to broaden the base of investors and increase the liquidity of its shares.

ExelTech

Montreal-based ExelTech, a regional aircraft repair and overhaul specialist, has been selected as one of Canada's 50 Best Managed Companies in 2004. The judges in the recognition program noted that ExelTech "is a dynamic, entrepreneurial company that is doing a great job of attracting highly qualified employees and managers." Deloitte & Touche, CIBC Commercial Banking, the National Post and Queen University's School of Business managed the program.

Environmental Tectonics

Environmental Tectonics Corp. announced that is successfully tested its new training simulator, the Advanced Disaster Management Simulator, in a December drill at Baltimore-Washington International Airport. BWI personnel used the virtual reality trainer to deal with three simultaneous disasters: a security breach, an explosion and a hazardous materials release. Using the 3D presentations, the multi-jusidicitonal team was able to exercise and apply National Management Systems for standardized disaster response procedure, which has been instituted by the U.S. Department of Homeland Security.

ProQuest

The Journal of Air Transportation is now available on ProQuest Information and Learning, a commercial archive system. Now in its 10th year, the journal is a publication of the Aviation Institute at the University of Nebraska at Omaha and focuses on the aeronautical aspects of transportation.