Relations between US and a number of Gulf carriers have been strained since January and the situation shows no signs of cooling off. At the beginning of the year American Airlines, Delta Air Lines and United Airlines alleged that Emirates, Qatar Airways and Etihad Airways had received in excess of US$40bn in state subsidies over […]
Christoph Mueller assumed leadership of the Malaysia Airlines Group on May 1st, 2015, following a decision by its sole shareholder, Khazanah Nasional Berhad to accelerate the leadership transition to enable Mueller to be in the executive capacity to lead the overall restructuring of MAS. The most important task for Mueller is to drive the design
Restructuring of Malaysia Airlines Read More »
Aircastle reported first quarter 2015 total revenues of US$194.3m, an increase of US$17.7m, or 10% from the previous year, driven by higher maintenance revenues of US$15.0m. During the first quarter of 2014, the company recorded US$16.4m of contra maintenance revenue in connection with engine restoration work completed by a lessee prior to the scheduled return
Aircastle announces first quarter 2015 results Read More »
Honeywell signed a contract with Indian airline IndiGo to supply its on-order Airbus A320neo fleet with a suite of avionics technologies. IndiGo’s new fleet of aircraft will feature several Honeywell safety-focused cockpit systems that will enable pilots to better monitor the surrounding airspace and provide greater situational awareness. In a first for India’s airline industry,
Honeywell and IndiGo sign cockpit technologies deal for new Airbus A320neo aircraft Read More »
For the month of April, Air Canada reported a system load factor of 83.2%, versus 83.3% in April 2014, on a system-wide capacity increase of 7.5%. On this additional capacity, system wide traffic for April increased 7.4% for the month. Air Canada reports traffic results on a system-wide basis, including regional airlines from which Air
Air Canada reports April traffic results Read More »
The International Air Transport Association (IATA) announced global passenger traffic results for March 2015 showing demand (revenue passenger kilometers or RPKs) rose 7.4% compared to March 2014. This was an improvement on February, when year-over-year growth was 6.4%. The acceleration in the year-on-year comparison reflects the residual impact of the February Lunar New Year celebrations,
IATA says March passenger demand remains robust, buoyed by Lunar New Year Read More »
Magellan Aviation Group has named Mario Arcacha as Director of Sales, Latin America. Effective immediately, Mario will transition from his current position at MAG subsidiary, B&B Marketing, to his new position. The role includes marketing all Magellan Aviation Group companies for the region.
Magellan Aviation Group names new Director of Sales, Latin America Read More »
Avolon, the international aircraft leasing company, announced results for the first quarter of 2015. Net Income for the quarter was up 36% to US$49m versus the first quarter 2014, while adjusted net income was up 34% to US$62m versus 2014. Avolon sold aircraft in the first quarter with a net book value of US$145m at
Avolon reports 34% increase in first quarter adjusted net income Read More »
Southwest Airlines and the Transport Workers Union (TWU) 550, representing the carrier’s 250 flight dispatchers, have come to terms on a new four-year contract extension. News of the tentative agreement comes on the heels of a deal with the Company’s Customer Service Agents and Customer Representatives last December and only days after its Flight Simulator
Southwest Airlines and its flight dispatchers extend contract through 2019 Read More »
