August 13, 2019

Embraer’s Praetor 500 awarded Brazilian certification

Embraer’s new Praetor 500 midsize business jet was granted its Type Certificate by Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação Civil). The Type Certificate was awarded during a ceremony at LABACE (Latin American Business Aviation Conference and Exhibition). The Praetor 500 surpassed its certification goals achieving an intercontinental range of 3,340 nautical miles (6,186 […]

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Lufthansa Group Airlines welcome around 14.6 million passengers in July 2019

Traffic

In July 2019, the Lufthansa Group airlines welcomed around 14.6 million passengers. This shows an increase of 3.3% compared to the previous year’s month. Capacity was up 2.5% over the previous year and traffic increased by 3.1%. In addition as compared to July 2018, the seat load factor increased by 0.6 points to 86.9%. The

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TUI earnings hit hard by 737 MAX grounding

Financial, Top Stories

European tourism group TUI has reported a 46% decline in underlying quarterly earnings which it predominantly puts down to the grounding of Boeing’s 737 MAX jet. 10% of the group’s fleet of planes (15 in number) are 737 MAXs, while a further eight of these planes are currently on order, but until the grounding order

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New FAA chief to review agency in light of 737 MAX crashes

Uncategorized

After the swearing in ceremony of Stephen Dickson as the new administrator of the U.S. Federal Aviation Authority (FAA), U.S. Transportation Secretary Elaine Chao confirmed that she asked Dickson to make an assessment of the agency’s performance subsequent to the two Boeing 737 MAX crashes, making it clear that: “it is an important opportunity to

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Norwegian to end transatlantic flights between Ireland and North America

Airlines & Routes

Norwegian will stop flights between Ireland and the US in September, after its finances were hit by the grounding of the Boeing 737 Max. In a statement Matthew Wood, SVP Long-Haul Commercial at Norwegian said: “As the airline moves from growth to profitability, we have conducted a comprehensive review of our transatlantic operations between Ireland

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Werner Aero Services welcomes Temur Muzashvili to expand CIS business

People

Werner Aero Services has announced that Teimuraz (Temur) Muzashvili has joined its team. He will be focusing on overseeing and expanding Werner’s current business in CIS countries. Muzashvili joins Werner Aero Services with over 9 years’ experience in the airline industry as a power plant manager. His arrival reinforces Werner Aero Services’ commitment to increase

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Air BP expands carbon offset program for business aviation

Other News

Air BP, the international aviation fuel products and services supplier, will highlight the expansion of its pioneering carbon offset program for business aviation in Brazil during the largest business aviation conference and exhibition in Latin America, LABACE from August 13 to 15. The program will be extended to two of Voa São Paulo’s airports, a

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TP Aerospace goes paperless

Information Technology

With recent approval from EASA, TP Aerospace becomes a frontrunner in MRO digitalization as they ditch paperwork and implement paperless processes throughout their inhouse MRO shops. The new system enables digital sign-off of work orders, digital tasks lists, as well as increased efficiency through time optimization and reduced risk of human errors. Finally, it brings

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Sale of India’s Jet Airways under threat as two potential investors walk away

Financial

The sale of India’s Jet Airways has been thrown into doubt after two potential investors have backed away. Anil Agarwal, the head of Vedanta and whose family trust, Volcan, had investigated taking a stake in the failed airline has confirmed that there is no longer any interest from their side. Etihad, the Gulf carrier which

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Willis Lease Finance posts quarterly pre-tax profit of US$21.8 million