Embraer has unveiled images of the demonstrator aircraft with 100% electric propulsion technology, which is currently under development. The prototype has a special paint scheme and is ready to receive systems and components. The aircraft’s electric motor and controller are being manufactured by WEG at the company’s headquarters in Jaraguá do Sul, Santa Catarina, Brazil, […]
BOC Aviation has released its unaudited results for the six months ended June 30, 2019. The company has achieved a major milestone in June 2019 as its cumulative net profit after tax (NPAT) exceeded US$4 billion since inception. BOC Aviation reported NPAT of US$321 million in the first half of 2019, an increase of 8%
BOC Aviation reports first half 2019 performance Read More »
Air New Zealand will increase its frequency from 12 to 14 services per week on its Boeing 787 Dreamliner aircraft from March 2020 to October 2020, bringing the total number of services the two alliance partners operate to 21 per week. Singapore Airlines will also deploy its larger A380 aircraft to meet strong demand over
Delta is boosting its transatlantic schedule between London-Heathrow and its coastal hubs in Boston and New York-JFK next summer, adding 15% capacity compared to 2019. Alongside joint venture partner Virgin Atlantic, the two airlines will increase capacity across the Atlantic by nearly 10,000 seats per week compared to this year. Additionally, Delta is set to
Delta, Virgin Atlantic boost summer flying between U.S. and U.K. Read More »
Landing gear manufacturer Héroux-Devtek, has reported strong financial results for the first quarter ended June 30, 2019. Consolidated sales grew 67.2% to CA$143.4 million, up from CA$85.8 million in the same period last year. CA$44.6 million of this increase was driven by the CESA and Beaver acquisitions while the growth of Héroux-Devtek legacy sales contributed
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Atkins, a member of the SNC-Lavalin Group, is collaborating with aircraft designer and manufacturer AERALIS to develop a new family of training jet aircraft using a patent-pending modular design. Together, the organisations will design two types of modular aircraft – the Basic Trainer and the Advanced Trainer – which will provide training, from cadet to
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Cathay Pacific’s chief executive officer Rupert Hogg and chief commercial officer Paul Loo are to step down as the Hong Kong-based carrier struggles with fallout from nearly four months of political protests. Cathay said last week that protests affected its passenger numbers last month and were continuing to “adversely impact” future bookings. “Recent events have
Cathay Pacific CEO and CCO to resign amidst Hong Kong turmoil Read More »
Virgin Galactic has revealed the first look at the interior fit-out of its Gateway to Space building at Spaceport America in New Mexico. The work completed showcased two floors of the building primarily focused on spaceflight operations, which also incorporates communal spaces designed for use in the future by Virgin Galactic customers, along with their
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Boeing has delivered the first of eight 787-10 Dreamliner airplanes to Vietnam Airlines via lease from Air Lease Corporation. The Vietnamese flag carrier plans to put the 787-10 – the most fuel-efficient twin-aisle airplane in the industry – on the busiest routes in its expanding network. The new 787-10 will complement Vietnam Airlines’ existing fleet
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Jeanette Pinard has joined Stifel Aviation as a Managing Director. She will be responsible for transaction diligence and documentation in the company’s growing engine ownership and leasing business, including transaction management and execution relating to the acquisition, financing and disposition of engine and aircraft portfolios. Pinard brings a unique combination of legal and commercial expertise,
Jeanette Pinard joins Stifel Aviation Read More »
