The first A350 XWB for Thai Airways International (THAI) has completed its maiden flight over the skies of South West France. It features the latest aerodynamic design, carbon fiber fuselage and wings, plus new fuel-efficient Rolls-Royce Trent XWB engines. The aircraft, bearing the airline’s distinctive livery, will now enter the final phase of production including […]
THAI’s first A350 XWB takes to the skies Read More »
A majority of Air Transat cabin crew members voted on July 23, in favour of the recommendation made by the federal mediator appointed to the case. The result of the electronic vote indicates that 61% of employees voted in favour of the mediator’s recommendation. Last June 30, after 93.2% of cabin crew members rejected the
Air Transat flight attendants have a new collective agreement Read More »
AJW Group further strengthens its management team with the appointment of Randeep S Grewal as Chairman. International businessman and entrepreneur, Grewal is founder of the Greka Group and the Grevino Group which are composed of more than fifty companies in the fields of energy, aviation, real estate and hospitality worldwide, some of which are traded
AJW Group appoints global industrialist Randeep S Grewal as Chairman Read More »
SR Technics, a leader in MRO services, will extend its maintenance capabilities for the new Boeing 787 at its Line Maintenance station in Geneva, Switzerland, effective as of August 1, 2016. The new service includes on-call maintenance, transit checks, daily and weekly checks, cabin inspections and defect rectification. Geneva is the second line station after
SR Technics extends its line maintenance capabilities to the Boeing 787 in Geneva Read More »
AerCap Holdings has completed the closing of a new US$0.7bn secured credit facility. The facility will primarily be used to acquire new narrowbody and widebody aircraft as they deliver from Boeing and Airbus through 2017. The facility was signed to finance a portfolio of 13 aircraft and matures in 2022. AIB Corporate Banking, Bank of
AerCap announces closing of US$0.7bn new credit facility Read More »
American Airlines Group reported GAAP net profit of US$950m, compared to a GAAP net profit of US$1.7bn in the second quarter 2015. As a result of the reversal of the valuation allowance on the Company’s deferred tax assets as of December 31, 2015, the Company’s 2016 results include a US$543m provision for income taxes at
American Airlines' second quarter net profit down 44% Read More »
It has been a difficult year so far for easyJet, the UK’s largest low-cost carrier. Having seen a significant rise in cancellations in the last three months (1,221 as opposed to 726 for Q3, 2015) as a result of air traffic control strikes, runway closures at London Gatwick Airport, the crash of EgyptAir flight MS804,
easyJet revenue projected to fall by £80m as a direct result of Brexit Read More »
Bombardier has renewed its Authorized Service Facility (ASF) agreement with Taikoo (Shandong) Aircraft Engineering Company Limited (STAECO) of Jinan, China for an additional three-year term. In addition to providing maintenance services for CRJ Series aircraft as done under the original agreement, STAECO will now also provide maintenance services for Q400 turboprops. Under the agreement, STAECO
Bombardier renews Authorized Service Facility agreement with STAECO Read More »
Boeing reported it will recognize an impact to earnings across three programs when it announces second-quarter 2016 results on July 27. On the 787 program, the company decided not to invest funds for the refurbishment and sale of the two remaining unsold flight test aircraft that were scheduled to be introduced into the modification line.
Boeing to recognize cost reclassification and charges to second-quarter earnings Read More »
Aéroports de Montréal reported its consolidated operating results for the three- and six-month periods ended June 30, 2016. These results are accompanied by data on passenger traffic and aircraft movements at Montréal-Trudeau and Montréal-Mirabel international airports. Montréal-Trudeau set new passenger records for both periods, with 4.0 million passengers enplaned/deplaned in the second quarter, an increase
Aeroports de Montreal reports results for second quarter of 2016 Read More »
