28 April 2023

American has closed 2023 with revenues of US$53 billion © American Airlines

American Airlines posts record first-quarter revenue of US$12.2 billion

American Airlines (American) and its regional partners operated 476,000 flights in the first quarter 2023, with a load factor of 80%. This resulted in revenues of US$12.2 billion for the quarter, a first-quarter record and an increase of 37% compared to Q1 2022 on 9.2% more capacity. American produced an operating margin of 3.6% on …

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WorldACD cargo trends

WorldACD sees global air cargo tonnages and average rates stabilise

Global air cargo tonnages and average rates appear to have stabilised since mid-April after declining for several weeks, according to the latest weekly figures from WorldACD Market Data. Following a sharp drop in chargeable weight in the first full week of April, and a continuing slow slide in worldwide average rates since February, figures for …

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ecoDemonstrator Explorer 787

Boeing expands ecoDemonstrator flight test programme

Boeing is expanding its ecoDemonstrator flight-test programme to further accelerate innovation for sustainability and safety. The company has announced its 2023 plan to assess 19 technologies on the Boeing 777 ecoDemonstrator, while also adding “Explorer” airplanes that will focus tests on specific technologies. The first ecoDemonstrator Explorer, a 787-10 Dreamliner, will conduct flight tests in …

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Joramco has appointed Victor Moreno as Head of Safety and Quality

Joramco appoints Victor Moreno new Head of Safety and Quality

Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has appointed Victor Moreno as the new Head of Safety and Quality. With more than 35 years of aviation experience and an extensive knowledge of EASA, UAE GCAA, FAA, and UK CAA regulations, including the Safety Management …

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TARMAC Aerosave

TARMAC Aerosave, Airbus and the City of Chengdu establish Airbus Lifecycle Services joint venture

TARMAC Aerosave, Airbus and the City of Chengdu have established Airbus Lifecycle Services, a joint venture for the first aircraft lifecycle services centre in China. The facility will offer aircraft storage, maintenance, dismantling and recycling services. The announcement follows an initial Memorandum of Understanding signed in January 2022. Entry into service of the new centre …

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Safran Aircraft Engines is coordinating the demonstration of new Open Fan engine technologies within the frame of the Clean Aviation Joint Undertaking project OFELIA

Safran to lead Open Fan demonstration programme with European partners

Safran Aircraft Engines is coordinating the demonstration of new Open Fan engine technologies within the frame of the Clean Aviation Joint Undertaking project OFELIA, which stands for Open Fan for Environmental Low Impact of Aviation. The French engine manufacturer will be working with 26 industry European key partners, including Airbus, Avio Aero, GKN Aerospace, as …

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