Philippine Airlines selects HAECO ITM for V2533 engine component support

HAECO ITM, a member of the HAECO Group, has entered into a long-term agreement with Philippine Airlines to provide engine component support. The scope of the agreement includes access to HAECO ITM’s component pool, component exchange, component repair management, component engineering and aircraft-on-ground (AOG) support for PAL’s International Aero Engines IAE V2533 engines on its […]

Philippine Airlines selects HAECO ITM for V2533 engine component support Read More »

Embraer X unveils first eVTOL concept

Aircraft & Engines / Leave a Comment

Embraer X, an Embraer organization dedicated to developing disruptive businesses, has unveiled its first electrical Vertical Take-Off and Landing (eVTOL) aircraft concept. The unveiling was made during Uber Elevate 2018, in Los Angeles, California. Embraer X is engaged in several projects, including the development of eVTOL concepts through a cooperation with Uber and other companies

Embraer X unveils first eVTOL concept Read More »

Air France’s shares fall after resignation of CEO Janaillac Resigns

Other News, Top Stories / Leave a Comment

With Air France striking for a fourteenth day since this round of strike action began in February, Air France CEO Jean-Marc Janaillac has resigned, causing the share price of Air France to plummet. The Group has had trouble with the French unions for a long time. More recently, the pilot’s union SNPL has carried out

Air France’s shares fall after resignation of CEO Janaillac Resigns Read More »

WestJet reports first quarter net earnings of CA$37.2m, down 22%

Financial / Leave a Comment

WestJet has posted its first quarter results for 2018, with net earnings of CA$37.2m, compared to CA$46.7m the previous year, down 22%. WestJet achieved its 52nd consecutive quarter of profitability and flew an all-time quarterly record of 6.1 million guests. Based on the trailing twelve months, the airline achieved a return on invested capital of

WestJet reports first quarter net earnings of CA$37.2m, down 22% Read More »

AJW Group extends PBH contract with Air Incheon

MRO & Production / Leave a Comment

AJW Group has extended its power-by-the-hour (PBH) agreement with Incheon-headquartered cargo transport specialist, Air Incheon. The contract has been extended for several years and covers Air Incheon’s fleet of Boeing 737 aircraft, as well as their newly acquired Boeing 767’s, which are expected to enter service later this year. AJW will manage the complete supply,

AJW Group extends PBH contract with Air Incheon Read More »

Finnair’s April traffic up 15.7%

Traffic / Leave a Comment

Finnair’s overall capacity increased by 15.7% in April, while Finnair’s traffic grew by 15.4% compared to the previous year. The passenger load factor decreased by 0.2 points to 82.6%.

Finnair’s April traffic up 15.7% Read More »

Turkish Technic and Havelsan will produce in-flight entertainment and internet service provider systems

Other News / Leave a Comment

Turkish Technic and Havelsan will carry out the production of in-flight entertainment systems. This joint venture company will perform activities in the field of in-flight entertainment and internet service provider systems and other softwares used in civil aviation including design, production, maintenance, repair, marketing, sales and after-sales services in land, sea, rail systems and air

Turkish Technic and Havelsan will produce in-flight entertainment and internet service provider systems Read More »

Lufthansa Group continues to invest in fleet modernization with order of 16 additional aircraft

Aircraft & Engines, Top Stories / Leave a Comment

The Supervisory Board of Deutsche Lufthansa AG has approved the order of up to 16 additional aircraft in a meeting on May 7. The list price of the aircraft is approximately €2.1bn. Delivery is scheduled to take place in stages until 2022. The investment plan for the 2018 fiscal year remains unchanged. The order includes

Lufthansa Group continues to invest in fleet modernization with order of 16 additional aircraft Read More »

WestJet reports April load factor of 86.0%

Traffic / Leave a Comment

WestJet has announced April 2018 traffic results with a load factor of 86.0%, an increase of 1.2 points year over year. Traffic, increased 2.8% year over year, while capacity grew 1.4% over the same period. WestJet welcomed an additional 100,000 guests in April, a year-over-year increase of 5.1%.

WestJet reports April load factor of 86.0% Read More »

AviaAM Leasing leases two Airbus A321 to Avion Express

Aircraft & Engines / Leave a Comment

AviaAM Leasing, WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has delivered two Airbus A321-211 to ACMI operator Avion Express. Aircraft were delivered to the client at Kaunas, Lithuania on May 6 and May 7, respectively. Both aircraft are joining Avion Express’s fleet under a 6 year operating lease

AviaAM Leasing leases two Airbus A321 to Avion Express Read More »

Heike Tamm