18 February 2020

Air Canada has ordered 36 GEnx-1B engines to power its newly ordered Dreamliner fleet

Air Canada shares fall as carrier misses forecast profit – blames grounding costs of MAX 737

Air Canada has reported adjusted net income of CA$47 million or CA$0.17 per share for the fourth quarter of 2017 against an average predicted quarterly earning of CA$0.38 per share, resulting in a drop of 2.4% in early morning trading of shares. The carrier has been hit hard by increased operating costs of less-efficient aircraft […]

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Bii purchases B737-800 for teardown and part-out

Specialist aircraft component support provider Bii.aero has purchased a B737-800 airframe for teardown.  The twenty-year-old aircraft (MSN 28381) was previously owned by lessor Aircastle and operated by Indonesian carrier, Sriwijaya. This aircraft is the first asset acquired by Bii in a pro-active program that will see the company use in-house expertise and market valuations to

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Qatar Airways and Bulgaria Air sign codeshare agreement

Qatar Airways has signed a codeshare agreement with Bulgaria Air. First codeshare flights will operate from March 2. The agreement will provide Bulgaria Air passengers with a seamless connection to destinations in Africa, Asia and the Middle East. Qatar Airways’ passengers will benefit from access to two new destinations in Bulgaria: Varna and Burgas. Qatar

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Indra revolutionises air traffic control with artificial intelligence remote tower

Spanish Technology and consulting company Indra, has developed a revolutionary remote tower solution for air control, which offers unprecedented safety and efficiency levels during landing and take-off thanks to its use of artificial intelligence. The new system enables savings that can be as high as 50%, since it eliminates expenses related to construction of a

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SAS and Lufthansa Technik renew and expand long-term contract

SAS Scandinavian Airlines has prematurely extended its existing component support contract with Lufthansa Technik and added further services. Under the new agreement, running until December 2026, Lufthansa Technik will provide an integrated material supply (Total Component Support, TCS®) for the airline’s entire Boeing and Airbus fleet, including the carrier’s new A350s. In addition, Lufthansa Technik

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Bombardier to focus on Business Aviation after sale of Transportation Division to Alstom

Bombardier has made the strategic decision to focus exclusively on business aviation and plans to accelerate its deleveraging through the sale of its rail business. “Today marks an exciting new chapter for Bombardier. Going forward, we will focus all our capital, energy and resources on accelerating growth and driving margin expansion in our market-leading US$7.0

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Moscow Domodedovo passenger traffic rises 13% in January

Moscow Domodedovo Airport welcomed 2.1 million passengers in January, a 13% year-over-year increase. Domestic passenger traffic reached 1.3 million passengers, up 13% year-to-year. International traffic rose 14% in January to 826,000 travellers compared to the same period last year. Antalya, Doha, Istanbul, Minsk and Verona were key growth drivers. The airport served 164,000 travellers on

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Joramco signs maintenance agreement with Avion Express

Joramco, the Amman-based MRO and the engineering arm of Dubai Aerospace Enterprise (DAE), has entered into the first maintenance agreement with Avion Express, one of the largest narrow-body ACMI operators. The agreement, which was signed in August 2019, included heavy maintenance on six of the carrier’s A320 aircraft. Checks began in October 2019 and have

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