Catherine Razzano appointed Chief Compliance Officer at Panasonic Avionics

Panasonic Avionics Corporation (Panasonic) has appointed Catherine L. Razzano as Chief Compliance Officer. She will be responsible for overseeing Panasonic’s compliance with laws, regulatory requirements, policies and procedures, and will report directly to the General Counsel of Panasonic Corporation of North America (PNA) with a dotted line reporting structure to Panasonic’s Chief Executive Officer, Hideo […]

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GE Aviation Asheville hits major production milestone

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GE Aviation Asheville, a leader in delivering Ceramic Matrix Composites (CMCs) components for commercial aviation applications, celebrated the delivery of its 25,000th CFM International LEAP engine turbine shroud. Just five years after breaking ground, CMC production at the site is thriving. Shroud production rates for the LEAP program have more than tripled each year since

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FL Technics lands Comair as new client

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FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, has signed an agreement with Comair, a private domestic airline operator in the Republic of South Africa, listed on the Johannesburg Stock Exchange (JSE). Comair is a South African aviation and travel company, offering scheduled and non-scheduled airline services within South Africa,

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SAS traffic figures – July 2018

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SAS has reported that the scheduled number of passengers increased by 2.2% to 2.6 million in July 2018. Scheduled traffic and capacity increased by 1.9% and 3.0%, respectivel compared to the same period in 2017. Passenger load factor decreased by 0.9 points to 85.6%.

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JetBlue Airways reports July load factor of 88.9%

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JetBlue Airways has reported its preliminary traffic results for July 2018. Traffic in July increased 6.2% from July 2017, on a capacity increase of 4.1%. Load factor for July 2018 was 88.9%, an increase of 1.8 points from July 2017.

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FBI investigating how and why Seattle mechanic took commercial plane before fatal crash

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The FBI is currently investigating the motive behind the actions of a Horizon Air mechanic who ‘stole’ one of the carrier’s 76-seat Bombardier Dash 8 Q400 twin turboprop aircraft at Seattle-Tacoma Airport, then performed aerial stunts before taking his life by crashing it into nearby Ketron Island. Shortly after take-off the plane, piloted by the

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Air Lease Corporation reports second quarter 2018 results

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Air Lease Corporation has reported that revenues increased U$17 million or 4.4% to US$398 million for the three months ended June 30, 2018 from US$381 million for the three months ended June 30, 2017. This increase was principally driven by the increase in the net book value of its fleet, partially offset by a reduction

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AeroCentury posts second quarter 2018 loss

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AeroCentury, an independent aircraft leasing company, has reported a second quarter net loss of US$81,000, compared to net income of US$371,000 for the first quarter of 2018 and net income of US$356,000 for the second quarter of 2017. In the first six months of 2018, net income decreased 76% to approximately US$236,000, from approximately US$997,000

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TUI encounters quadruple troubles, sees double-digit three-month earnings drop

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It has been a tough time for Touristik Union International (TUI), the world’s largest leisure, travel and tourism company in the world, the result of which has seen the Group’s underlying earnings fall 18% to €193 million for the previous three months up to the end of June, net profit falling 31% to €110.5 million

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Freight growth slowdown continues in June

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The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.7% in June 2018, compared to the same period the year before. This continues the slowdown in air cargo growth that began earlier in 2018. Growth for the first half of

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Heike Tamm

Catherine Razzano appointed Chief Compliance Officer at Panasonic Avionics

GE Aviation Asheville hits major production milestone

FL Technics lands Comair as new client

SAS traffic figures – July 2018

JetBlue Airways reports July load factor of 88.9%

FBI investigating how and why Seattle mechanic took commercial plane before fatal crash

Air Lease Corporation reports second quarter 2018 results

AeroCentury posts second quarter 2018 loss

TUI encounters quadruple troubles, sees double-digit three-month earnings drop

Freight growth slowdown continues in June

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