Baltic Aviation Training Academy announced new updates on their Boeing 737 full flight simulator. Working in partnership with simulator maintenance experts – SimHelp, engineer installed new updates to the Flight Management System (FMS) computer. Now full flight simulator operates the newest U10.8A program version, which allows increasing the amount of data of the program up
A standoff now exists between China and the USA with regard to any ease on flight limits between the two nations. Currently the USA are refusing to accept terms offered by the Chinese for fear of being offered uncompetitive time slots, leaving the prime slots for Chinese airlines. The Chinese are now accusing the USA
Boeing do not forecast a downturn in demand for civilian aircraft and do not believe, as some do, that the current high demand has peaked, despite concerns over the slowing growth in China. Greg Smith, Boeing’s Chief Financial Officer, has made the company’s current position very clear, saying that “We’re not seeing a slowdown in
LOT Polish Airlines and Turkish Airlines have agreed on a major expansion of commercial ties. Both sides have signed a letter of understanding, which will initiate an enhanced cooperation between relevant Polish, Turkish and beyond markets and also deepen commercial cooperation on the existing ones. Recognizing the great significance of deepening the cooperation and desiring
Commsoft, a world leader in aviation engineering and maintenance systems, reported that Travel Service, the largest airline group in the Czech Republic, has signed a five year contract to use OASES to manage its current fleet of 31 Boeing 737NGs and two Airbus A320s. The contract provides for 25 concurrent users. Founded in 1997, Travel
Currently VAT (sales tax) is levied at the rate of 20% in the UK. At airports where there is a ‘duty free zone’ the majority but not all retailers pass on a 20% reduction in price to the consumer if they are travelling outside the European Union (EU) according to revelations in a major UK
Waypoint Leasing, an independent global helicopter leasing company, announced the opening of its Latin American office in January 2016, which will be headed by Waypoint Leasing executive, Steffen Bay. Waypoint Leasing’s Latin American office, which will be located in Rio de Janeiro, will further bolster the firm’s presence across the region, where the company has
Despite assurances that further job cuts would be a last-resort measure, Thai Airways International has announced the loss of 1,400 jobs from its original workforce of 25,000, with the possibility that that number could be further reduced to 20,000. This reduction in numbers is described by Thai Airways as “part of a cost-reduction exercise …
SkyWest Airlines’ pilots accepted a three-year pay agreement, securing top compensation and work rules in the regional industry. The agreement, for which the strong majority of pilots voted in favor, is effective immediately and runs through mid-2018. The new agreement provides salary increases for all pilots, a substantial increase to first-year pay, guaranteed profit sharing
Known as the Sage of Oregon, Warren Buffet, owner of investors Berkshire Hathaway, has continued his heavy investment in American companies. This time he has used over half of his company’s financial resources of $67bn with the purchase of Portland, Oregon-based Precision Castparts, which manufactures nuts, bolts and other fasteners, commercial and military airframe aerostructures,
