November 4, 2019

Continued Boeing 737 MAX delays sees Ryanair growth likely to stall

Europe’s largest low-cost carrier, Dublin-based Ryanair, has posted only a 2.6% growth in passenger numbers for the financial year, its lowest growth figure since 2014. In addition, the carrier believes that if Boeing’s 737 MAX remains grounded for much longer, overall growth for the 2019 financial year will be wiped out, compared to an average […]

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Delta’s October traffic up 5.2%

Traffic

Delta Air Lines has reported operating performance for October 2019. The company carried 17.5 million customers across its broad global network. System traffic for the month was up 5.2%, while capacity increased 5.1% compared to the previous year. The load factor for October was 85.6%, up 0.1 points.

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Safran’s Board of Directors selects Olivier Andries as future CEO

Atlas Air Worldwide reports third-quarter results

Financial

Atlas Air Worldwide Holdings, has posted third-quarter 2019 income from continuing operations, net of taxes, of US$60.0 million, compared with reported income of US$71.1 million in the third quarter of 2018. Reported results in the third quarter of 2019 included an unrealized gain on outstanding warrants of US$83.2 million, partially offset by a special charge,

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GE Aviation signs asset transfer system agreement for leasing market with BBAM and Falco

MRO & Production

GE Aviation has teamed up with BBAM Aircraft Leasing & Management to provide the AirVault Asset Transfer System across a fleet of 510 aircraft including Airbus, Boeing and Embraer airplanes used by more than 90 airlines. The implementation is starting this November. Furthermore GE Aviation has signed an agreement with Falko Regional Aircraft to provide

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Fraport and Hybrid-Airplane Technologies testing hybrid aerial vehicle in passenger terminals

Other News

The H-Aero is a small, helium-filled hybrid aerial vehicle. From October 28 to 31, passengers at Frankfurt Airport were able to see it floating almost silently through Halls D and E in Terminal 2. Fraport AG joined forces with the start-up Hybrid-Airplane Technologies GmbH to carry out test flights assessing whether the aerial vehicle could

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JetHQ expands team to support global growth

People

JetHQ has expanded its team of aviation experts to meet a growing global marketplace demand. The aircraft transaction and brokerage company has announced the addition of two sales managers and a technical analyst to its experienced roster. Sales Manager Jamie Roberts and Technical Analyst Steven Pinkerton have joined the company’s U.S. headquarters in Kansas City,

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IAG to acquire Air Europa for €1 billion

Financial, Top Stories

International Consolidated Airlines Group (IAG) and Globalia have signed a definitive transaction agreement under which IAG’s wholly owned subsidiary, IB OPCO Holding S.L. (Iberia), has agreed to acquire the entire issued share capital of Air Europa Líneas Aéreas, S.A.U (Air Europa) for €1 billion to be satisfied in cash at Completion and subject to a

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Cebu Pacific finalizes order for 16 A330neo

Aircraft & Engines

Cebu Pacific (CEB), based in the Philippines, has signed a firm order with Airbus for 16 long-range A330neo aircraft. The order firms up the wide-body portion of a previously announced Memorandum of Understanding (MoU), which also includes commitments for 10 A321XLRs and five A320neo single-aisle aircraft. The A330neo ordered by Cebu Pacific is a higher-capacity

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NAC delivers one ATR 72-500 to Loganair on lease