The International Air Transport Association (IATA) has announced from Geneva that it expects the global airline industry in 2017 to make a net profit of US$29.8 billion – a 4.1% net profit margin based on total forecast revenues of US$736 billion. This means the industry will, for the third consecutive year, make a return on […]
IATA predicts 2017 will be another strong year for airline profits Read More »
International Airlines Group (IAG) reported Group traffic in November increased by 3.2% versus November 2015, while Group capacity rose by 3.7% year over year. Group load factor for November was down 0.4 points to 78.9%.
IAG reports traffic and capacity statistics Read More »
Bombardier has finalized a firm purchase agreement with Philippine Airlines, flag carrier of the Philippines, consistent with the Letter of Intent announced on October 14, 2016. The purchase agreement includes a firm order for five Q400 aircraft and purchase rights for an additional seven Q400 aircraft. Based on the list price of the Q400 aircraft,
Philippine Airlines orders up to 12 Q400 aircraft Read More »
The Government of Canada has selected the Airbus C295W for its Fixed-Wing Search and Rescue Program. As part of the FWSAR program, the Royal Canadian Air Force (RCAF) will purchase 16 C295Ws modified for Search and Rescue (SAR). The contract will also include in service support, provided through a joint venture between Airbus Defence and
Royal Canadian Air Force orders 16 Airbus C295W aircraft Read More »
SAS increased its scheduled capacity in November by 10.4% and the traffic grew 17.3% when compared to the same period in 2015. The overall load factor was 73.7%, the highest November load factor recorded for SAS. The improvement was driven by positive development on SAS’s intercontinental routes and international routes within Europe.
SAS posts November load factor of 73.7% Read More »
Boeing teammates in North Charleston, S.C., started final assembly of the first 787-10 Dreamliner, marking yet another on-time milestone for the development program. The first 787-10 will cycle through Boeing South Carolina’s Final Assembly facility as all major sections are joined, interior and exterior components completed, power turned on and production tests begin. The first
Boeing begins final assembly on first 787-10 Dreamliner Read More »
TAG Farnborough Maintenance Services (TFMS) in conjunction with Zodiac VIP Business Aircraft Interiors (ZBAI), is now able to provide improved business aircraft interiors capabilities. Services range from smart repairs to discreet cabinet refurbishments and minor interior modifications. The range of products extends to furniture, carpets, seats and cabin periphery. “Developing our repair capabilities on aircraft
BAA Training, a European standard aviation training centre, starts the partnership with SmartLynx Airlines in order to launch the new Pilot Cadet Program. The five-year agreement will ensure the job opportunities for a new, highly-qualified generation of pilots at the airline which seeks such professionals in order to be able to fulfil its ambitious plans
Global supply chain provider Pattonair has secured a new contract with Siemens Canada Limited and Industrial Turbine Company Limited. This is an extension of an existing relationship and continues Pattonair’s affiliation for a further 10 years. The contract is for the provision of C Class parts for the Industrial RB211 and the Industrial Trent engines,
Pattonair secures new contract with Siemens Canada and Industrial Turbine Company Read More »
AirAsia and AFI KLM E&M inked a component support agreement for the airline’s fleet of Airbus A320neo passenger jets, ultimately scheduled to number 304 aircraft. AirAsia took delivery of its first A320neo on September 7. this year in Hamburg. The contract between the two groups includes component repair services and solutions designed to maximise aircraft
AirAsia contracts AFI KLM E&M for deployment of A320neo component support Read More »
