27 November 2014

FAA propose directive requiring Boeing to fix wing proximity sensor problem on 787-8 Dreamliner

Boeing’s 787 Dreamliner series has had a bumpy path since its introduction into service. Aeorinside report 44 incidents (not all mechanical) for the twin engine plane, including battery failure and subsequent fire risk, engine de-icing failure and numerous reports of wing proximity sensor failure. It is the latter problem which forced the U.S. Federal Aviation […]

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GECAS delivers new leased Airbus A321s to Thomas Cook Group

GE Capital Aviation Services (GECAS), the commercial aircraft leasing arm of GE, announced delivery of three new leased Airbus A321 aircraft to the Thomas Cook Group. GECAS is scheduled to deliver a total of nine aircraft to Thomas Cook Group’s airlines in 2014 and 2015, as part of Thomas Cook’s previously announced program to renew

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Alitalia announces Board of Directors of new Alitalia

New Alitalia announced the composition of the Board of Directors of the company that will become the new Alitalia airline entity from January 1st, 2015, and in which Etihad Airways will take a minority stake. In terms of the airline’s governance rules, the Board representation reflects the shareholding structure of the new Alitalia post-closing. The

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Lion Group becomes ATR’s largest customer

ATR and Indonesia’s Lion Group have signed a US$1bn purchase agreement for 40 additional ATR 72-600s, hiking the firm order total for the newest generation ATR turboprops to 100 aircraft. This latest signature marks a milestone in ATR’s history, as Lion Group becomes ATR’s largest customer ever. There are currently three subsidiary airlines in the

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El Al reports decreased net profit for third quarter of 2014

Revenues amounted to US$601.2m, compared to US$643.3m during the equivalent quarter in the previous year, a decline of 6.5%. Revenues per passenger declined by 7.3%, mainly as a result of a drop in the yield per passenger-kms, as a result of the negative effects of the ‘Operation Protective Edge’. Revenues from cargo transport increased by

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Royal Aero to green-time lease one CFM56-3 engine to Sriwijaya Air

Royal Aero has leased a CFM56-3 engine on a green-time lease to Sriwijaya Air, one of the largest domestic carriers in Indonesia with over 700,000 passengers per month. The special advantage of green-time leasing is the minimal level of inspection at lease return. The leasing period equals the remaining operational life of the engine (green-time),

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