United Airlines (UAL) has reported April 2018 operational results. UAL’s April 2018 consolidated traffic increased 5.1% and consolidated capacity increased 6.1% versus April 2017. UAL’s April 2018 consolidated load factor decreased 0.8 points to 82.3% compared to April 2017.
United reports April 2018 operational performance Read More »
LOT Aircraft Maintenance Services (LOTAMS) opened its first permanent foreign maintenance base capable of offering a full range line maintenance services in Budapest. The new Budapest base is an equipped and organized foreign branch that will provide comprehensive services to the airlines. The first line maintenance was already carried out on a Boeing 787 Dreamliner
LOTAMS opens new maintenance base in Budapest Read More »
AviaAM Leasing has obtained a new HQ building in Limassol, Cyprus. While already managing subsidiaries in Ireland, Lithuania, Cyprus, and China, the company has invested €4.3m in this new office building. “The estate, located on the main street of Limassol, will represent our Lithuanian founded company. We are planning to expand our activities in Cyprus.
AviaAM Leasing buys new headquarter building in Cyprus for €4.3m Read More »
Leonardo Helicpoters has released that new orders for the first quarter amounted to €2,164m, showing a decline of 18.2%, mainly due to major contracts booked in 2017 in Aeronautics for activities in support to the EFA aircraft fleet for the period from 2017 to 2021 The order backlog amounted to €33,360m compared to €33,637m at
Leonardo’s first quarter 2018 revenues up 4% Read More »
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, 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 »
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 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 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 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 »
