Employees from Finnair Technical Services walked out on Tuesday June 5th, after the employee unions rejected Finnair’s proposel of financial support and re-employment support packages for employees who are at risk of redundancies, due to Finnair’s plan to outsource its engine and component services to SR Technics. According to the unions the industrial action will […]
Finnair Technical Services employees walk out Read More »
Eclipse Aerospace, manufacturer of the world’s first very light jet (VLJ), announced the official launch of initial production of the new model Eclipse 550 twin–engine jet. Now armed with an established supply chain, a new FAA production certificate, and a certified airframe, Eclipse is officially back in production with deliveries beginning in 2013. Eclipse plans
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Avioserv San Diego released that Robert J. Genise has been elected to the Board of Directors. Mr. Genise was the co-founder and CEO of Boullioun Aviation Services as well as CEO of DAE Capital, the aircraft leasing division of Dubai Aerospace.
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Alaska Air Group reported May operational results for its subsidiaries, Alaska Airlines and Horizon Air. Alaska reported an 11.2% increase in traffic on an 8.5% increase in capacity compared to May 2011. This resulted in a 2.2-point increase in load factor to 86.9%. Horizon reported a 4.6% decline in May traffic on a 3.1% decline
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US Airways Group reported that May 2012 mainline traffic was down 0.9% versus May 2011, while capacity was up 0.3%. Mainline passenger load factor was 84.2% for the month of May, down one point versus May 2011.
US Airways reports May traffic down Read More »
Pratt & Whitney and Russia’s Irkut Corporation signed a definitive agreement to offer the Pratt & Whitney PurePower PW1400G engine on Irkut’s MC-21 family of aircraft. This secures the PurePower engine as the only western powerplant offered on the new narrow body program. Pratt & Whitney and Irkut Corporation selected Short Brothers plc, a subsidiary
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FedEx Corp. announced its decision to permanently retire from service 18 Airbus A310-200 aircraft and 26 related engines, as well as six Boeing MD10-10 aircraft and 17 related engines. The majority of these aircraft are currently parked and not in revenue service. As a consequence, a non-cash impairment charge of $134m ($84m, net of tax)
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MTU Aero Engines’ Saudi Arabian partner MEPC inaugurated a new facility on May 5th, in a move to strengthen its position as a provider of military engine maintenance, repair and overhaul (MRO) services for the whole Middle East region. The new facility houses a modern, larger maintenance shop 18.000 m² in size, that offers enough
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Porter Airlines established a new high for May with a load factor of 60.5%, one point higher than the previous year. May results showed capacity improved 12.5% from last year and traffic was up 14.4%.
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Air Transport Services Group announced that its ABX Air subsidiary has deployed two Boeing 767 freighter aircraft with DHL under short-term ACMI arrangements in support of DHL’s U.S. air network. ATSG said a 767-200 and a 767-300 freighter aircraft are supplementing 18 Boeing 767 freighter aircraft (14 of which are owned by ATSG) that ABX
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