October 26, 2017

IATA 20-year forecast sees passenger numbers doubling to 7.8 billion

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In the release of the recent update to the International Air Transport Association 20-Year Air Passenger Forecast, passenger numbers traveling in 2036 are expected to reach 7.8 million, nearly double the 4 billion passengers that are expected to travel during 2017, based on a 3.6 percent average Compound Annual Growth Rate (CAGR). According to IATA’s […]

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Air Canada reports strong financial performance in third quarter 2017

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Air Canada has reported third quarter 2017 EBITDAR of CA$1.388bn compared to the previous third quarter 2016 EBITDAR of CA$1.248bn, an increase of CA$140m. The airline recorded a third quarter EBITDAR margin of 28.4%. On a GAAP basis, Air Canada reported third quarter operating income of CA$1.004bn compared to the previous third quarter 2016 operating

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Pratt & Whitney's F135 engine cold section demonstrates full-life capability

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Pratt & Whitney has released that the F135 engine, which powers the fifth generation F-35 Lightning II, has successfully demonstrated full-life capability of its cold section (components consisting of the fan and compressor) during accelerated mission testing (AMT) at the Arnold Engineering Development Complex, located on Arnold Air Force Base in Tullahoma, Tenn. This achievement

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Citilink takes delivery of 50th A320 Family aircraft

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Citilink, the low-cost unit of Garuda Indonesia, has taken delivery of its 50th A320 Family aircraft at Airbus headquarters in Toulouse, France. The aircraft, an A320neo, can seat up to 180 passengers in a single class layout. The aircraft has been delivered with a special livery to commemorate the milestone, and it joins another 45

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Richard Walker joins Osprey Flight Solutions as Business Development Director

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Richard Walker has been appointed Business Development Director for Osprey Flight Solutions, a brand new company which is introducing a major step change in aviation security expertise. Effective immediately, based out of Leeds, UK, Richard’s day to day role will include building the sales pipeline, closing deals and increasing brand awareness of Osprey and its

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Thomas Global’s TFD-8601 cockpit display now certified for Dassault Falcon 50

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Thomas Global Systems has announced at the Regional Aviation Association of Australia (RAAA) National Convention, that its TFD-8601 AMLCD cockpit display has received a Federal Aviation Administration (FAA) supplemental type certificate (STC) for installation in Dassault Falcon 50 aircraft. The TFD-8601 cockpit display is a pioneering plug-and-play, Active Matrix Liquid Crystal Display (AMLCD) replacement for

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Finnair becomes first non-Chinese airline to collaborate with Chinese JD.com

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Finnair will start a collaboration with JD.com, also known as Jingdong, one of the leading e-commerce companies in China. Finnair will be the first non-Chinese airline to open a flagship store for online flight bookings on the JD Travel platform, in the beginning of 2018. The collaboration also includes promotions and loyalty member partnerships. As

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Aero Controls dismantles Airbus A320

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Aero Controls continues the expansion of their A320 family repair capabilities with dismantlement of an Airbus A320 aircraft (MSN 791) on-site in Goodyear, AZ. This teardown follows the recently completed Boeing 747-400 (MSN 25158) in Victorville, CA and another Airbus A320 (MSN 822).

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MTU Aero Engines presents nine-month results and raises earnings forecast

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In the first nine months of 2017, MTU Aero Engines AG saw its revenues increase by 10% to €3,745.4m (1-9/2016: €3,401.3m). The group’s operating profit increased by 14% from €393.8m to €450.6m, improving the EBIT margin from 11.6% to 12.0%. Earnings after tax rose by 17% to €320.4m (1-9/2016: €273.4m). “Based on these results and

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Air Busan renews global partnership with Sabre