With the announcement on Thursday by Bombardier Inc that problematic rail contracts in Europe will mean 2019 profits will be lower than expected, and because it may also have to write down the value of the joint venture with Airbus for the former C Series commercial narrow-body jet, the company’s share price fell by up […]
Profit warning sees Bombardier share price plummet by over 38% Read More »
Airbus has successfully performed the first fully automatic vision-based take-off using an Airbus Family test aircraft at Toulouse-Blagnac airport. The test crew comprising two pilots, two flight test engineers and a test flight engineer took off initially at around 10h15 on December 18 and conducted a total of eight take-offs over a period of four
Airbus demonstrates first fully automatic vision-based take-off Read More »
Magnetic Leasing, an international aviation asset management company, has signed a deal with European carrier Ryanair, for a landing gear lease. The agreement covers an eight-month lease period during which the landing gear will be used on different aircraft based on the carrier’s demand. Magnetic Leasing has already delivered its landing gear to Ryanair’s maintenance
Ryanair contracts Magnetic Leasing for landing gear lease Read More »
Alcoa has posted a net loss of US$303 million in the fourth quarter of 2019 compared with a net loss of US$221 million in the third quarter of 2019. In the fourth quarter of 2019, the Company took several actions in alignment with its strategic priorities, including taking the first steps in a multi-year portfolio
Alcoa Corporation reports fourth-quarter 2019 net loss of US$303 million Read More »
Brian Znotins has been named Vice President of Network and Schedule Planning for American Airlines. In this role, Znotins will guide the development and implementation of American’s global network and hub strategy, including all route planning, slot management and long-range planning efforts. Znotins will report to Vasu Raja, American’s Senior Vice President of Network Strategy.
Based on the latest operating results, Prague Airport handled a total of 17,804,900 passengers in 2019. That means that approximately one million more passengers passed through the airport than in 2018, which is a 6% year-on-year increase. Throughout the entire year, 71 airlines provided regular connections from Prague to a total of 165 destinations, of
Vaclav Havel Airport Prague handles 17.8 million passengers in 2019 Read More »
UK-based global software firm Ideagen has secured a project with a Saudi Arabian flying academy which will see it provide software to help it meet regulatory and operational requirements. OxfordSaudia, owned by the Saudi National Company of Aviation (SNCA), will implement Ideagen’s Coruson system for quality management with additional functionality and capability for safety and
Ideagen secures software project with Saudi Arabia’s first flying academy Read More »
Pratt & Whitney, along with Airbus and Air Canada have celebrated the entry into service of Air Canada’s first A220 aircraft powered by Pratt & Whitney GTF™ engines. Passengers will be welcomed aboard the A220-300 on January 16, 2020, on its maiden commercial flight between Montreal and Calgary. This entry into service marks a significant
Pratt & Whitney GTF™ engines power Air Canada Airbus A220 entry into service Read More »
StandardAero’s engine overhaul facility in Summerside, PEI, Canada finished 2019 on a high, inducting over 1,000 Pratt & Whitney PW100, PT6A and JT15D engines during the course of the year. This record figure was achieved following the recent expansion to the facility, StandardAero’s commercial turboprop engine MRO Center of Excellence, which saw the site expand
