Copa Airlines announced an order for 122 CFM LEAP-1B engines to power 61 Boeing 737 MAX 8 & 9 aircraft. The engine order is valued at more than US$1.6 billion at list price. Copa Airlines first became a CFM customer in 1999 with an order for eight CFM56-7B-powered 737s and today operates a fleet of
In March, Finnair’s overall capacity grew by 3.8% and traffic grew by 3.5% year‐on‐year. Passenger load factor was 78.9% down 0.2 points compared to March 2014. IAG reported March 2015 traffic increase of 7.4% compared to the previous year, while capacity rose by 4.6%. The load factor for March was up 1.9 points to 79.5%.
United Airlines reported March 2015 operational results. UAL’s March 2015 consolidated traffic decreased 0.7% and consolidated capacity decreased 0.6% versus March 2014. UAL’s March 2015 consolidated load factor decreased 0.1 points to 82.7% compared to March 2014.
Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (OMAB) (BMV:OMA), reports that terminal passenger traffic at its 13 airports increased 22.9% in March 2015, as compared to March 2014. Domestic traffic increased 23.0%, and international traffic increased 22.6%. Of total March traffic, 97.7% was commercial aviation and 2.3% was
Wencor Group acquired PHS/MWA Aviation Services (“PHS”), a certified FAA/EASA Repair Station and world-class provider of aircraft repair solutions in cargo and interior systems, hydraulics, and power and controls. Terms of the transaction were not disclosed. “The acquisition of PHS enhances our Soundair Aviation Services affiliate, expanding both the international market presence and breadth of
Delta reported a total system traffic increase of 2.5% compared to the previous year, total capacity increased 2.9% year over year. System load factor was 85%, down 0.3 points compared to March 2014.
Up until Wednesday’s Germanwings’ A320 crash, only airlines falling under the authority of the FAA operated a mandatory presence of two crew at all times in a plane’s cockpit during flights. In the event either the pilot or co-pilot needed to use the rest room, a member of the cabin crew, usually the most senior,
Amur Finance Company announced the acquisition of Singapore-based Lloyd Helicopter Pte. (Lloyd) through Amur’s subsidiaries Amur Helicopter Financial Services (Amur HFS) and Amur ESL PTE (Amur ESL). For over 35 years, Lloyd has provided the global helicopter industry with sale and leasing services for new and pre-owned helicopters, and professional consulting and valuation services. The
EMRISE Corporation, a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, has entered into a stock purchase agreement with an affiliate of Data Device Corporation, to sell all of the issued and outstanding shares of the common stock of the Company’s wholly owned subsidiary, EMRISE Electronics, for a cash purchase price of US$22m, net of debt, transaction and other related
Abu Dhabi Airports reported that passenger traffic at Abu Dhabi International Airport increased by 21.5% in February 2015. A total of 1,715,540 passengers passed through Abu Dhabi International Airport during the month, compared with 1,411,881 in February 2014. There were 12,852 aircraft movements in February 2015, which was a 15% increase over February 2014’s figure of
