Air Canada unveiled its new leisure airline, marking a milestone in the transformation of Canada’s flag carrier to compete in the growing leisure travel sector. It will begin flying in July 2013, the name of Canada’s new leisure airline – Air Canada rouge – was announced following a contest launched on Facebook inviting customers, employees […]
Air Canada introduces new leisure airline "Air Canada rouge" Read More »
Mr. Charles Edelstenne, having reached the statutory age limit, will cease on January 8, 2013, his office of Chairman and Chief Executive Officer of Aviation. Upon his proposal and in agreement with Mr. Serge Dassault and the board of Directors, he will be replaced by Mr. Eric Trappier who will become, starting from January 9,
Dassault Aviation names Eric Trappier next CEO Read More »
Rolls-Royce has signed a $1bn contract, at list prices, from Japan’s Skymark Airlines for Trent 900 engines to power six Airbus A380 aircraft. The Trent 900 order, which follows the announcement of a letter of intent for these engines in September 2011, includes long-term TotalCare service support. The aircraft will enter into service in 2014.
Rolls-Royce signs $1bn Trent 900 contract with Skymark Airlines Read More »
Embraer and Boeing released that they will provide customers with a shared set of tools, called Runway Situation Awareness Tools, to reduce runway excursions. This further strengthens the collaboration between two of the world’s largest aerospace companies. To significantly reduce runway excursions in the near term, Boeing and Embraer will provide customers with new pilot
​Boeing, Embraer collaborate on runway safety for customers Read More »
Air Transport Services Group said that its aircraft leasing subsidiary has reached agreement with National Air Cargo Group for the purchase of three Boeing 757-200 aircraft that have been modified for combi (combined passenger and main-deck cargo) service. ATSG said it anticipates that its subsidiary, Cargo Aircraft Management (CAM), will take delivery of one of
Air Lease Corporation (AL) reported its placement of two new ATR 72-600s on long term lease to KALSTAR Aviation, a major Indonesian regional airline, serving the fast growing region of Kalimantan (Borneo), delivering in the second and third quarters of 2013.
Air Lease Corporation announces lease placements with KALSTAR Aviation Read More »
Pegasus Airlines, the second largest airline in Turkey, has signed for up to 100 A320neo Family aircraft (58 A320neo and 17 A321neo models), of which 75 are firm orders. Pegasus becomes a new Airbus customer and the first Turkish airline to order the A320neo. This is the largest single commercial aircraft order ever placed by
Pegasus selects up to 100 A320neo Family aircraft Read More »
Boeing Chairman, President and Chief Executive Officer Jim McNerney announced a 10% increase in the company’s regular quarterly dividend to 48.5 cents per share and the resumption of its stock repurchase program with repurchases currently expected to total between $1.5bn and $2.0bn in 2013. “Strong cash generation, consistently solid core operating performance and a positive
Boeing raises dividend 10% and resumes $3.6bn share repurchase program Read More »
Etihad Airways reported the purchase of a majority stake in a new entity incorporated to own airberlin’s topbonus frequent flyer program, the first step in the establishment of a global loyalty management platform. The new entity will seek to offer new opportunities for topbonus members to collect and redeem topbonus miles around the world, including
Etihad Airways acquires majority stake in AirBerlin topbonus frequent flyer program Read More »
CAE has sold four Level D full-flight simulators (FFS), two each to customers in China and Russia. The sales include the first two FFSs, associated training devices and the CAE Augmented Engineering Environment (AEE) for the new C919 aircraft being developed by Commercial Aircraft Corporation of China, Ltd. (COMAC). They also include two simulators, a
CAE awarded contracts by Chinese and Russian customers valued at more than C$50m Read More »
