In February, Finnair carried 1,035,000 passengers which is 4.0% more than in the corresponding period of 2019. The overall capacity (ASK) increased in February by 2.9%. Finnair’s traffic (RPK) decreased by 1.7%. The leap day had a growth contribution of some 3% to passengers, ASK and RPK, as there was an additional day in February […]
Finnair traffic performance in February 2020 Read More »
Nasmyth Group has released that Nav Sandhu has been appointed as Head of Programme and Project Management, effective immediately. Based at Nasmyth Group’s U.K. Head Office in Coventry, he will form part of the Group’s Management Team. Establishing long-term programme and project management systems, Sandhu will lead in introducing these foundations across the whole of
Nav Sandhu appointed Nasmyth Group’s Head of Programme and Project Management Read More »
Core Avionics & Industrial (CoreAVI) and Hensoldt announced that Hensoldt has selected CoreAVI’s COTS-D hardware IP and graphics and compute software to provide a new generation of safety certified mission computers and display systems. The system will be certified to DO-254/ED-80 and DO-178C/ED-12C Design Assurance Level (DAL) A. The system will use the AMD E9171
Hensoldt selects CoreAVI’s software and COTS-D hardware IP platform Read More »
During the fourth quarter 2019, Avianca Holdings successfully concluded its financial reprofiling; deferring a total of approximately US$220 million aircraft operating lease and debt amortization payments and exchanging 88.1% of its US$550 million May 2020 bond. In addition, Avianca drew US$250 million stakeholder financing from United Airlines and Kingsland Holdings as well as an additional
Avianca Holdings reports US$98.6 million fourth quarter 2019 operating profit Read More »
CALC, a full value chain aircraft solutions provider for the global aviation industry, announced that it would be investing in an Indonesian airline operating company, PT TransNusa Aviation Mandiri (TAM), through a subscription agreement with Aviation Synergy, under which the company agreed to indirectly invest and acquire a 35.68% equity interest in TAM for a
CALC to invest in TransNusa Aviation Read More »
Norwegian’s traffic figures for February show that the company continues to deliver on its strategy of moving from growth to profitability, with significant improvements in unit revenue and a better punctuality. Due to the COVID-19 virus Norwegian currently experiences reduced demand on some routes and have decided to cancel 22 flights between Europe and the
Norwegian reports higher unit revenue in February Read More »
Finnair, the airline specialized in connecting Europe and Asia, and Neste, one of the largest producer of sustainable aviation fuel from renewable waste and residues, have signed a new agreement which will gradually and considerably increase Finnair’s use of sustainable aviation fuel in its operations. The new partnership will be a key contributing factor in
Finnair and Neste partner to reduce CO2 footprint Read More »
Air India Engineering Services (AIESL) will provide maintenance, repair, and overhaul (MRO) services in support of Pratt & Whitney’s GTF™ engines and customers in India. AIESL will service PW1100G-JM engines at its facility in Mumbai. AIESL’s introduction to GTF maintenance will be a phased approach, starting with engine upgrade and module exchange capabilities as immediate
Air India Engineering Services to perform Pratt & Whitney GTF™ maintenance Read More »
Only six months after the collapse of Thomas Cook which left over 150,000 passengers stranded across the globe, the U.K.s Flybe has now gone into liquidation, despite promises six weeks ago from the government to bail out the ailing domestic carrier. Flybe, which employed over 2,000 staff, announced that all further flights had been grounded
U.K.’s Flybe goes into liquidation six months after Thomas Cook collapses Read More »
Allegiant Travel Company has announced plans to establish a base of operations at Concord-Padgett Regional Airport (USA). The Las Vegas-based company will invest US$50 million to establish the new base in Concord, creating at least 66 high-wage jobs and housing two Airbus aircraft. The company, which focuses on linking travelers in small-to-medium size cities to
Allegiant to establish new aircraft base in Concord, North Carolina Read More »
