8 October 2019

Boeing dismisses Southwest pilots claim for lost wages over 737 MAX grounding 

The Southwest Airlines Pilots Association (SWAPA), representing approximately 10,000 Southwest Airlines’ pilots, has filed a lawsuit against Boeing Co alleging that the grounding of the 737 MAX has cost its pilots over US$100 million in lost wages. In a statement, SWAPA said the lawsuit states that its pilots had agreed to fly 737 MAX jets …

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Launch of China Aviation Valuation Advisors (CAVA)

At the 8th China Air Finance Development Summit in Tianjin, Lili Zhou, General Manager, and David Yu, Chairman, of China Aviation Valuation Advisors announced the founding and launch of the first specialist aviation valuation onshore firm in China and the official aviation valuation partner of Tianjin Dongjiang FTP (DJFTP) government. Leveraging upon the highest level …

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Boeing to invest in Virgin Galactic

Boeing is investing US$20 million in Virgin Galactic. The companies will work together to broaden commercial space access and transform global travel technologies. To date, Virgin Galactic has invested US$1 billion of capital to build reusable human spaceflight systems designed to enable significantly more people to experience and utilize space. In July, the company announced …

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Embraer and Ufes conduct first autonomous aircraft test in Brazil

A scientific and technological cooperation between Embraer and the Universidade Federal do Espírito Santo (Ufes), in the areas of autonomous robotics and artificial intelligence has resulted in the first test of an autonomous aircraft in Brazil. The successful initiative made it possible for a prototype to perform the taxiing operation on its own, moving along …

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First Royal Canadian Air Force’s Airbus C295 rolls out of the paint shop

The first Airbus C295, purchased by the Government of Canada for the Royal Canadian Air Force’s (RCAF) Fixed Wing Search and Rescue Aircraft Replacement (FWSAR) program, has rolled out of the paint shop showing off its final livery at Airbus facility in Seville, Spain. The aircraft will now go through the final preparation phase before …

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Hawaiian Airlines posts September traffic increase of 3%

Hawaiian Airlines has posted its system-wide traffic statistics for September 2019.  Hawaiian welcomed more than 931,000 guests in September 2019. Total traffic increased 3.0% on an increase of 0.7% in capacity compared to September 2018. Load factor increased 1.9 points to 85.5%.

Joramco first MRO in MENA region to obtain EN 9110:2018 certification

Joramco, the Amman-based MRO and the engineering arm of Dubai Aerospace Enterprise (DAE), has obtained EN 9110 certification. Joramco is the first independent MRO in the MENA region to receive the EN 9110:2018 certification and becomes part of an elite group of MROs certified to this standard. An MRO in compliance with the EN9110 standard …

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Everette Mash joins C&L Aerospace

Everette Mash has joined C&L Aerospace as Senior Vice President of Aircraft Sales, focusing on expanding business in the regional aircraft sales and brokering division. Before joining C&L, Mash headed Twin Otter Holdings, LLC. for 13 years where he purchased, refurbished, sold, and leased Twin Otter aircraft worldwide. He also previously worked at Jet Aviation …

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Finnair traffic performance in September 2019

In September, Finnair carried 1,279,700 passengers, 10.4% more than in the corresponding period of 2018. The overall capacity increased in September by 8.5%. Finnair’s traffic increased by 9.8%, and the Passenger Load Factor increased year-on-year by 0.9% points to 81.7%.

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