February 10, 2016

EU looks to impose stringent limits on public subsidies to airlines

The EU executive is looking for what is being referred to as a “fair competition clause” to be included in air transport agreements. Failure to comply to limits placed on airlines’ public subsidies would see the revocation of their traffic rights. The executive considers an unfair form of public subsidy will include protection against bankruptcy, […]

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Cirrus Aircraft delivers strong 2015 performance

Aircraft & Engines / Leave a Comment

Cirrus Aircraft reported that new aircraft shipments in 2015 exceeded 300 for the second year in a row. New unit deliveries for 2015 totaled 301 while the global Cirrus fleet surpassed 6,200 total SR aircraft and amassed over seven million flight hours. In addition to new SR series deliveries, the revolutionary Vision Jet program continued

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A350-1000 final assembly begins on time while production ramps up for A350-900

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It’s “full speed ahead” for Airbus’ A350 XWB with final assembly start-up for the new-generation jetliner family’s longest-fuselage member, the A350-1000 – which was kicked off this week, as per planning, in parallel with the baseline A350-900 version’s continued production ramp-up to meet market demand. The no. 1 A350-1000 is one of three test aircraft

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Frankfurt Airport records ongoing passenger growth

Traffic / Leave a Comment

Frankfurt Airport (FRA) has started off the year with continuing passenger growth. In the reporting month of January 2016, Germany’s largest aviation hub served about 4.2 million passengers, representing growth of 2.2% year-on-year – an increase of 76,000 passengers compared to the previous January record month from 2012. Among Fraport AG’s Group airports, Slovenia’s Ljubljana Airport

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Dennis Wetjens appointed Managing Director of EPCOR

People / Leave a Comment

After 4 years heading up several KLM E&M’s Aircraft Hangar Maintenance divisions, Dennis Wetjens has taken up his new position as Managing Director at EPCOR, the AFI KLM E&M subsidiary specializing in the repair and maintenance of pneumatic systems and Auxiliary Power Units (APUs). He takes over from Romain Helmer, now AFI KLM E&M VP

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Final assembly underway on first GE9X engine

Aircraft & Engines / Leave a Comment

Final assembly is underway on the first full GE9X engine that will test in the first half of 2016, four years before the GE9X engine enters service on a Boeing 777X aircraft. The first engine to test (FETT) wraps up the extensive technology maturation program for the GE9X engine program, which began almost five years

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ATSG issues outlook for stronger 2015 results

Financial / Leave a Comment

Air Transport Services Group, Inc. (NASDAQ:ATSG) said that due primarily to better-than-expected results from its airline operations in the fourth quarter, its financial results for 2015 are likely to exceed management’s earlier guidance. ATSG now projects that its Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) from continuing operations, adjusted for unrealized effects of interest

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AEI announces order from World Star for 11 pallet position B737-400SF freighter conversion

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Aeronautical Engineers has signed a contract with San Francisco based World Star Aviation to provide an 11 pallet position B737-400SF freighter conversion. The aircraft built in 1990 (MSN 24796) is standard gross weight and is being modified at Commercial Jet’s Dothan, AL facility. The freighter will be re-delivered to World Star in June of 2016.

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DVB Bank and Challey Group close financing facility amounting to US$121m for purchase of five aircraft

Financial / Leave a Comment

DVB Bank, the leading international transportation finance specialist, and Challey Group, a wholly owned Irish subsidiary of Alitalia, Italy’s national airline, have announced the closing of a financing facility amounting to US$121m for the purchase of five aircraft. DVB Bank, the leading international transportation finance specialist, and Challey group, a wholly owned Irish subsidiary of

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PPG qualifies classes of eco-friendly corrosion-inhibiting aerospace sealant

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PPG’s aerospace business has completed qualification of all three grades of its non-chromate corrosion-inhibiting sealant that provides commercial, general aviation and military aircraft manufacturers as well as maintenance, repair and overhaul shops with faster cure to reduce application cycle time for significant cost savings. Since initial launch of lightweight, eco-friendly PRC PR-2870 aerospace sealant in

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