November 8, 2012

Alaska Air Group Board of Directors announces four executive elections

Alaska Air Group’s board of directors and CEO Brad Tilden announced the elections of four executive officers. Keith Loveless, who serves as vice president, legal and corporate affairs, general counsel and corporate secretary, has been elected an executive vice president of Alaska Air Group, reflecting his broad strategic role in the company. Horizon Air President […]

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TransAsia Airways orders six additional A321neo

Aircraft & Engines, Top Stories / Leave a Comment

TransAsia Airways of Taiwan has placed a firm order with Airbus for another six A321neo aircraft. The new aircraft will be part of the airline’s fleet expansion and will allow it to develop new routes to regional destinations. The aircraft will be powered by Pratt and Whitney PW1100G engines. The latest contract takes TransAsia Airways’

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AAR sources and modifies 737-400s for Colombian Air Force

MRO & Production, Top Stories / Leave a Comment

AAR has sourced and is modifying two Boeing 737-400 aircraft for Colombia’s Air Force, Fuerza Aerea Colombiana (FAC). The program is expected to generate approximately $31m in the second half of the Company’s current fiscal year. The program demonstrates AAR’s wide range of capabilities, which the Company combines to create custom-tailored solutions for its commercial

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Air Canada reports third quarter net income of $429m

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Air Canada reported earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent (EBITDAR), before the impact of certain benefit plan amendments, of $554m in the third quarter of 2012 compared to EBITDAR of $535m in the third quarter of 2011, an increase of $19m. Including the favourable impact of benefit plan amendments, EBITDAR

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SAS reports October traffic increase of 5.4%

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SAS Group carried 2.7m passengers in October, up 4.6%, capacity increased by 6.7% and the Group’s traffic increased by 5.4% compared to the same period in 2011. The SAS Group’s load factor declined 0.9 p.u. to 74.1%.

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United reports October 2012 operational performance

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United Continental Holdings reported October 2012 combined operational results for its airline units. UAL’s consolidated traffic in October 2012 decreased 3.3% and consolidated capacity decreased 4.4% versus October 2011. UAL’s consolidated load factor in October 2012 increased 0.9 points to 82% compared to October 2011.

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BAE Systems receives EASA approval for Jetstream 32 Life Extension Programme

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BAE Systems Regional Aircraft has received European Aviation Safety Agency (EASA) approval for its Life Extension Programme (LEP) for the 18-19 seat Jetstream 32 regional turboprop aircraft. EASA approval was granted in early October and the LEP manual is now available for those operators who wish to sign up to the programme on BAE Systems’

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Vueling doubles net profit in third quarter 2012

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Vueling made an operating profit of €50.1m in the third quarter of 2012, an improvement of 22% compared to the same period of last year. The operating profit (EBIT) rose by 12% on last year to €68.2m. For the period from January to September, the net profit amounted to €41.3m, an increase of 93%. Vueling’s

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Jet Aviation St. Louis to deliver its 200th green aircraft completion by year’s end

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Jet Aviation St. Louis is on track to deliver its 200th green completion in December. Continuous improvement initiatives have increased the efficiency of the completions process and resulted in improved delivery times. With the 16 most recent aircraft delivering ahead of schedule, Jet Aviation St. Louis has developed proven systems for building highly customized aircraft

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