Safran Aircraft Engines (Safran) and VietJet Air sign strategic collaborative MoU

Safran Aircraft Engines (Safran) and VietJet Air have signed a Memorandum of Understanding (MoU) to strengthen their strategic partnership. The MoU will encompass Safran’s business in commercial engines and the development of VietJet Air’s operations through the acquisition of jets, fleet management services, training and helping to set up on-site support capabilities. VietJet Air, which […]

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IATA: Air Cargo up 9.1% in September

Traffic

The International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that capacity constraints persist. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are to

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Boeing forecasts that China’s commercial fleet will grow at an annual rate of 4.1%,

Air Transport Services Group places first order with Boeing to convert four 767-300 aircraft into freighters

Aircraft & Engines

Air Transport Services Group (ATSG) has contracted with Boeing for the conversion of four aircraft to 767-300 Boeing Converted Freighters (BCFs). “Our continued confidence in the 767-300 platform, now coupled with the services and support of the OEM, reinforces our commitment to deliver best-in-class reliable services to our customers,” said Mike Berger, chief commercial officer

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AerCap and Safran sign joint venture agreement for Shannon Engine Support

MRO & Production

Following AerCap’s acquisition of the GE Capital Aviation Services business (GECAS), it has signed a 20-year joint venture agreement with Safran Aircraft Engines regarding Shannon Engine Support (SES). SES, a leading provider of spare engines for CFM International, is now a 50/50 joint company between AerCap and Safran. SES, one of the largest lessors of

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Savback Helicopters makes Nottingham Heliport its UK home

Other News

Savback Helicopters AB is opening a UK home at Nottingham Heliport in the East Midlands, as it furthers its expansion in Europe. The premier dedicated helicopter facility, owned and operated by Central Helicopters, is set in 11 acres of private grounds, offering VIP facilities for crew and passengers and a substantial 520 m² hangar, and

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BAA Training and ENAC develope mutual training programme

Other News

BAA Training, one of the top-three leading aviation training academies in Europe, and École Nationale de l’Aviation Civile (ENAC), the only aviation-oriented university in France, have signed an agreement and developed a BAA Training – ENAC mutual training programme, covering Ab Initio and advanced training. With a proven track record of two-year collaboration, the companies

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Atlas Air Worldwide reports strong third-quarter results

Financial

Atlas Air Worldwide Holdings has reported strong third-quarter 2021 results, including net income of US$119.5 million, compared with net income of US$74.1 million in the third quarter of 2020. On an adjusted basis, EBITDA grew sharply to US$280.5 million in the third quarter this year compared with US$196.3 million in the third quarter of 2020.

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Air Canada reports third-quarter revenues of CA$2.103 billion

Financial, Top Stories

Air Canada has released its third-quarter 2021 financial results, which reveal operating revenues of CA$2.103 billion, representing almost three times the operating revenues of CA$757 million in the third quarter of 2020. Negative EBITDA (earnings before interest, taxes, depreciation, and amortization), excluding special items, was CA$67 million compared to negative EBITDA (excluding special items) of

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DAE posts nine months results

Financial

Dubai Aerospace Enterprise (DAE) has reported its financial results for the nine months ended September 30, 2021. Firoz Tarapore, Chief Executive Officer of DAE, stated, “Our financial results for the first nine months of 2021 demonstrate our continued focus in the leasing division on investing in new technology, fuel-efficient narrow-body aircraft, sales of portfolio aircraft

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Qatar Airways Cargo to replace entire ULD fleet with Safran Fire Resistant Containers

MRO & Production

Qatar Airways Cargo is the first cargo carrier to adopt Safran Cabin’s new fire-resistant container (FRC) solution, having taken delivery of an initial batch of containers on September 29, in Doha, Qatar. Over the next five years, the cargo airline will replace its entire fleet of more than 10,000 ULDs (Unit Load Devices) with this

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