GKN reported its agreement to acquire Volvo Aero (the aero engine division of AB Volvo). Volvo Aero designs, engineers and manufactures components and sub-assemblies for aircraft engine turbines. It supplies all the major aero engine manufacturers and has positions on most major civil aerospace platforms that are set to increase as aircraft build rates ramp …
Nowegian Air Shuttle reported June 2012 traffic increase of 15% compared to June 2011, while capacity for the month increased 21%. The load factor was down 4.0 points to 77%.
In June 2012, IAG Group traffic rose by 8.9% versus June 2011, while Group capacity was up 5.8%. Group load factor was up 2.3 points to 84% compared to the previous year.
Alaska reported a 10.6% increase in traffic on a 7.5% increase in capacity compared to June 2011. This resulted in a 2.5-point increase in load factor to a June record 87.9%. Horizon reported a 5.2% increase in June traffic on a 3.6% increase in capacity compared to June 2011. This resulted in a 1.2-point increase …
Alaska Air Group reports June operational results Read More »
Republic Airways Holdings reported that traffic for the month of June 2012 was in line with the same month last year, on a 5% decrease in capacity. Consolidated load factor was 86% in June of 2012 versus 81% in the same month last year.
Emirates Airline is set to become the first airline to serve a U.S. city with a second-daily A380 service. Having been the first airline to offer an A380 commercial service to the U.S. in 2008, Emirates will increase the capacity on one of its daily flights from Dubai to New York’s John F. Kennedy International …
Emirates first airline to serve the U.S. with twice daily A380 flights Read More »
Nexcelle, the nacelle systems joint venture of GE’s Middle River Aircraft Systems and the Safran group’s Aircelle, has completed a successful test program for the advanced thrust reverser element of its next-generation Integrated Propulsion System (IPS) technology. The thrust reverser was validated with Nexcelle’s new nacelle demonstrator, called PANACHE (Pylon And Nacelle Advanced Configuration for …
US Airways Group announced June 2012 traffic results. Mainline traffic for the month was up 1.7% versus June 2011, while mainline capacity was up 2.3% versus June 2011. Mainline passenger load factor was 86.5% for the month of June, down 0.6 points versus June 2011.
Wesco Aircraft Holdings, a leading provider of comprehensive supply chain management services to the global aerospace industry, completed the acquisition of substantially all of the assets of Interfast Inc. on July 3, 2012 pursuant to the definitive agreement announced on May 24, 2012. The CDN$134m acquisition was funded via a combination of cash and borrowings …
Wesco Aircraft Holdings closes acquisition of Interfast Read More »
Porter Airlines registered a 62% load factor in June, down 2.6 points compared to June 2011. Traffic increased 4.1%, while capacity was up 8.5% compared to the same period in 2011.
