Air Canada and the International Association of Machinists and Aerospace Workers (IAMAW) confirmed that its members have ratified a new contract on collective agreement terms for ten years. The IAMAW represents 7,500 Air Canada employees who work as technical, maintenance and operational support employees in the airline’s Airport, Maintenance and Air Canada Cargo operations. The
Almost a year ago to the day when the winter storm labelled Juno, described as “the worst snowstorm in history”, shut down massive tracts of the USA, today has seen an impending Mid-Atlantic snowstorm see thousands of flights cancelled in advance of the anticipated weekend weather. According to the US National Weather Service, the storm
Aeromexico has signed an agreement to implement Boeing Maintenance Performance Toolbox Records to support maintenance operations for its Next-Generation 737, 767, 777, 787 and non-Boeing fleets. The announcement came during Aviation Week’s MRO Latin America 2016 conference and exhibition in Lima, Peru. Aeromexico is the sixth airline to sign up for the popular new module
It was announced on Wednesday of this week that Europe’s five principal airline groups, IAG (British Airways & Iberia), Lufthansa, Air France-KLM, easyJet and Ryanair have formed an alliance which will go under the name A4E (Airlines for Europe). The launch at Amsterdam’s Schiphol airport was timed to coincide with today’s EU Aviation Summit which
Honeywell Aerospace’s JetWave wireless in-flight connectivity system has received U.S. Federal Aviation Administration (FAA) approval for the Boeing 757. Honeywell’s JetWave is the exclusive hardware for aircraft to connect to Inmarsat’s Global Xpress, the high-speed broadband satellite network spanning the globe that will provide fast, seamless and reliable connectivity over both land and water. The
As part of the listing process for the state-owned Airports Corporation of Vietnam (ACV), Vietnam’s principal airport operator, a 20% stake in the company is being offered to a major strategic investor on top of a 5% stake which has been offered to retail investors and which, so far, has raised US$51.6 million from 3.47%.
EDM, a leading global provider of training simulators to the civil aviation and defence sectors, has successfully completed a Critical Design Review (CDR) with Cathay Pacific clearing the way for the project to enter into the manufacturing phase. EDM announced a major contract from Cathay Pacific in September last year to provide the airline with
With the lifting of sanctions on Iran, the strong possibility that already low fuel prices could fall by a further US$5 – US$10 has the potential to see airlines’ profitability increase, though considerable thought will have to be put in place with regard to hedging strategies which tend to vary considerably on either side of
With the International Atomic Energy Agency (IAEA) certifying Iran’s compliance with technical constraints on its nuclear program, sanctions, which have been in place and implemented after the Iran Revolution since 1979, with additions in 1995 and those implemented subsequent to the passing of the UN Security Council Resolution 1696 in 2006, are now set to
SkyWorks Holdings, a premier aviation asset management, investment banking, and advisory firm, and InterVISTAS Consulting, a leading management consultancy in aviation, transportation and tourism, announced the establishment of SkyWorks/IPG, which joins together the capabilities of both firms to offer integrated solutions for airline network and fleet planning. In addition, SkyWorks/IPG announced the launch of SAAVNet
