Many predicted that after two massive tragedies so close together, the disappearance of flight MH370 followed by the downing of flight MH17, the demise of Malaysian Airline Systems (Malaysian Airlines), Malaysia’s flag carrier, was imminent. However, it has not been the case, and a swathe of new measures is due to take effect as a […]
Malaysian Airlines set for total revamp over next five years Read More »
Air New Zealand posted its 2015 annual result with earnings before taxation of NZ$496 million for the 2015 financial year, an increase of 49% on the prior year. Statutory earnings before taxation were NZ$474m, while statutory net profit after taxation was NZ$327m (US$210m), an increase of 24%. Capacity growth supported by strong demand, cost efficiencies
Air New Zealand posts annual net profit of NZ$327m Read More »
The Regional Airline Association, an industry trade organization representing 28 North American regional airlines and 150 associate members, appointed Faye Malarkey Black as President. Ms. Black has served as the RAA’s interim President since February 2015 while the Board of Directors formed a search committee to select the new President. While serving as interim President,
RAA appoints Faye Malarkey Black President Read More »
International technology group RUAG managed to maintain its profit margin and generate stable earnings in the first half of the year despite difficult global economic conditions. The Group posted an organic decline in sales of 5.4% (CHF 49m) due to revenue being deferred into the second half of the year, when RUAG expects to be
Pratt & Whitney delivered the first PurePower PW1400G-JM engine to the podding facility at Russia’s Irkut Corporation. The PW1400G-JM engine was assembled and tested at the Pratt & Whitney West Palm Beach Engine Center located in Florida before being shipped to Irkutsk, Russia. The PW1400G-JM engine has been optimized for installation on Irkut’s MC-21 aircraft
Pratt & Whitney delivers first PurePower engine to Irkut Corporation Read More »
British Airways will begin service between Mineta San José International Airport and London Heathrow from May 4th, 2016. This marks the first regularly scheduled nonstop service to the UK for the city of San José. British Airways will operate the newest aircraft in its fleet, a Boeing 787-9 Dreamliner, featuring the airline’s newly designed First
According to the latest Airbus Global Market Forecast (GMF), the Russia & CIS air passenger market will more than double in the next 20 years, with over 2,000 aircraft needed by 2034, compared to the 922 in operation today to meet the countries’ growing demand for air travel. Airbus’ forecast shows that over 1,280 of
Fleets in Russia & CIS to more than double by 2034 Read More »
Boeing and Korean Air marked the delivery of the airline’s first 747-8 Intercontinental. The new fuel-efficient jet is the first of 10 747-8 passenger airplanes the carrier has on order. With this delivery, Korean Air becomes the first airline to operate both the passenger and freighter versions of the 747-8. Korean Air currently operates a
Korean Air becomes first carrier to operate both types of the 747-8 Read More »
HEICO CORPORATION reported that net income increased 3% to US$34.4m in the third quarter of fiscal 2015, up from US$33.4m, in the third quarter of fiscal 2014. In the first nine months of fiscal 2015, net income increased 7% to US$95.1m up from US$89.2m in the first nine months of fiscal 2014. Operating income increased 17%
HEICO CORPORATION reports third quarter net income of US$34.4m Read More »
AAR announced that Steven B. Harrison has been appointed President of AAR Airlift, which is headquartered in Palm Bay, Fla., and has operations around the world. Harrison joined Airlift three years ago and, as Chief Commercial Officer, was instrumental in expanding Airlift’s capabilities and geographic presence. AAR Airlift provides expeditionary airlift services in support of
AAR appoints Steven B. Harrison President of Airlift Read More »
