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Alaska Air Group post adjusted first quarter 2013 results

Alaska Air Group reported first quarter 2013 GAAP net income of $37m, compared to $41m in 2012. Excluding the impact of mark-to-market fuel hedge adjustments of $12m ($7m after tax), the company reported record first quarter 2013 net income of $44m, compared to net income excluding mark-to-market fuel hedge adjustments of $28m in 2012.

EcoPulse aircraft demonstrator makes first hybrid-electric flight

Wednesday December 6, 2023
Inside the cockpit of EcoPulse's first hybrid-electric flight ©
EcoPulse, the hybrid-electric distributed propulsion aircraft demonstrator jointly developed by Daher, Safran and Airbus to support aviation’s decarbonisation roadmap, has successfully performed its first flight test in hybrid-electric mode. The demonstrator... Read More »

Swiss AviationSoftware inks contracts with Asiana IDT

Wednesday December 6, 2023
AMOS will support the maintenance activities related to the fleet of Asiana Airlines and its subsidiaries, counting up to 108 aircraft
Swiss AviationSoftware (Swiss-AS) has inked contracts with Asiana IDT, the IT services provider of Asiana Airlines and its subsidiaries. The company signed for a tailored edition of AMOS to support the maintenance activities related to the fleet of Asiana Airl... Read More »

IATA anticipates improved profitability for airlines in 2023-2024

Wednesday December 6, 2023
IATA’s outlook for the airline industry reveals an optimistic trajectory for 2023 and 2024. Projected net profits are US$23.3 billion in 2023 (2.6% margin) and US$25.7 billion in 2024 (2.7% margin), with operating profits expected to surge from US$40.7 b... Read More »

Fokker Services Group converts Gulfstream G550 into maritime surveillance aircraft

Wednesday December 6, 2023
Fokker Services Group has converted a Gulfstream G550 jet into an advanced surveillance aircraft
Fokker Services Group (Fokker), an independent integrator in aircraft completions and conversions, has received the EASA Supplement Type Certificate (STC) related to a special mission project conducted in partnership with Gulfstream Aerospace (Gulfstream) and ... Read More »

Max Roberts and Belinda Finch join IFS' leadership team

Wednesday December 6, 2023
Max Roberts and Belinda Finch
IFS, the global cloud enterprise software company, has made two senior appointments with Max Roberts and Belinda Finch joining the company’s executive leadership team as Chief Operating Officer and Chief Information Officer, respectively. The appointments un... Read More »

ExecuJet Haite to operate business aviation MRO facility at Beijing's International Airport

Wednesday December 6, 2023
ExecuJet Haite General Manager Paul Desgrosseilliers and CBM General Manager Li Yingyong signing the contract
ExecuJet Haite Aviation Services China (ExecuJet Haite) has signed an agreement with Capital Airport Holding Business Aviation Management (CBM) to operate a new MRO facility at Beijing Daxing International Airport. The binding agreement allows ExecuJet Haite t... Read More »

VINCI Airports unveils revamped International Terminal at Kansai International Airport

Wednesday December 6, 2023
The newly renovated international terminal of Kansai International Airport (KIX)
VINCI Airports, in collaboration with Japanese company Orix, presented the newly renovated international terminal of Kansai International Airport (KIX), marking a significant milestone in their partnership since 2016. The extensive renovation aims to not only ... Read More »

Travelport investors commit US$570 million in new equity financing

Tuesday December 5, 2023
Travelport Worldwide Limited (Travelport), a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, has released that a group of its existing equity holders and lenders have agreed to invest US$570 millio... Read More »

Kellstrom Aerospace Group appoints John McKirdy as CCO

Tuesday December 5, 2023
John McKirdy
Kellstrom Aerospace Group, a leading provider of aviation life-cycle cost management solutions, has appointed John McKirdy as its Chief Commercial Officer. In his new capacity, McKirdy will leverage his extensive expertise and proven track record in delivering... Read More »

NAC collaborates with ATR and TotalEnergies

Tuesday December 5, 2023
AirSwift ATR 72-600
Nordic Aviation Capital (NAC) is to collaborate with ATR and TotalEnergies to offer the equivalent of 6% SAF on NAC’s ATR delivery flights. The initiative provides for a blend of 30% SAF to be used for one-out-of-five deliveries of new ATR aircraft to NAC, r... Read More »

Vincent Metz joins SR Technics as VP Business Development Europe

Tuesday December 5, 2023
Vincent Metz
Vincent Metz is joining SR Technics as VP Business Development Europe. In this role, he will leverage his experience in the aviation industry to grow SR Technics’ market share in Europe. With over two decades in aviation, Metz held key roles at Air France KL... Read More »

IBA predicts long-term turbulence in narrow-body engine market

Tuesday December 5, 2023
Pratt & Whitney GTF engine
In its latest webinar on the narrow-body engine market, IBA, a leading aviation market intelligence and consultancy company, has predicted that engine market values and lease rates are likely to increase given the current and ongoing supply chain issues and th... Read More »

Turkish Airlines and Riyadh Air sign strategic MoU

Tuesday December 5, 2023
Turkish Airlines Chief Investment and Technology Officer Levent Konukcu and Riyadh Air CEO, Tony Douglas at the MoU signing
Turkish Airlines (TK) and Riyadh Air (RX) have agreed a strategic cooperation memorandum of understanding (MoU) to offer a comprehensive range of benefits for guests traveling between the Kingdom, Türkiye and points beyond their Riyadh and Istanbul hubs, as w... Read More »

AVIAN Inventory Management acquires two Embraer ERJ-170s from Azorra

Tuesday December 5, 2023
Avian Inventory Management (AIM)
AVIAN Inventory Management (AIM), a division of AVIAN Component Solutions (ACS),a customised inventory capital solutions and financing services for the aviation industry, has successfully finalised the acquisition of two Embraer ERJ 170-100 LR aircraft from gl... Read More »

Alaska Air Group announces US$1.9 billion acquisition of Hawaiian Airlines

Monday December 4, 2023
“This combination is an exciting next step in our collective journey to provide a better travel experience for our guests and expand options for West Coast and Hawai‘i travellers,” Ben Minicucci, Alaska Airlines CEO
Alaska Air Group has reached an agreement to acquire its rival, Hawaiian Airlines, in a deal valued at US$1.9 billion. This transaction marks the second proposed airline merger in less than two years and sets the stage for a potential regulatory battle. Under ... Read More »

China Airlines partners with GE for services on 747-400F fleet

Monday December 4, 2023
CF6 engine © GE Aerospace
China Airlines has entered into a services agreement with GE Aerospace for its 747-400F fleet, as announced by GE Aerospace. Under this long-term agreement, China Airlines will rely on GE’s OEM solution for high-pressure compressor air foils, with GE man... Read More »

South Korea opts for C-390 Millennium aircraft

Monday December 4, 2023
C-390 Republic of Korea Air Force
South Korea’s Defense Acquisition Program Administration (DAPA) has announced Embraer’s C-390 Millennium as the winner of the Large Transport Aircraft (LTA) II public tender to provide the Republic of Korea Air Force (ROKAF) with new military transport air... Read More »

easyJet collaborates with Collins Aerospace to enhance operations

Monday December 4, 2023
easyJet will become the largest A320 operator to deploy GlobalConnect
Collins Aerospace is working with easyJet to activate GlobalConnectSM connected aircraft services on more than 330 Airbus aircraft in its fleet. easyJet will become the largest A320 operator to deploy GlobalConnect. This new capability enhances safety oversig... Read More »

SITA appoints Stefan Schaffner and Sergiy Nevstruyev to head Airport and Customer Experience teams

Monday December 4, 2023
Sergiy Nevstruyev (l) and Stefan Schaffner (r)
SITA has announced the appointments of Stefan Schaffner as Senior Vice President of SITA AT AIRPORTS and Sergiy Nevstruyev as Senior Vice President of SITA Global Services (SGS). The two bring a wealth of management experience in the travel, transport and mobi... Read More »

Hamburg Airport joins “Hydrogen Hub at Airport” network

Monday December 4, 2023
Christian Kunsch, Managing Director of Hamburg Airport, Nicole Dreyer-Langlet, responsible for research and technology at Airbus in Germany, Michael Eggenschwiler, CEO of Hamburg Airport, Karine Guenan, Head of ZEROe Ecosystem at Airbus sign the cooperation agreement
Hamburg Airport has become the first German and the 12th member of the international “Hydrogen Hub at Airport” network, to promote the further expansion of hydrogen infrastructure in aviation. The network’s membership already includes members fro... Read More »
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