Monday’s annual U.K. budget has seen the Chancellor of the Exchequer, Philip Hammond, freeze levies on short-haul flights, but increase levies on long-haul flights in line with inflation. The aviation industry has already expressed anger at the decision, indicating that it makes a mockery of the ambition to become a ‘Global Britain’ after leaving the
Boeing has opened its first component factory in Europe, at Sheffield in the U.K. The premises will be used for the manufacture of actuation system components for the Boeing 737 and 767 jets from raw materials sourced in the U.K. Parts by the thousand will be produced each month, then shipped to Boeing’s Portland, Oregon
According to International Airlines Group (IAG), owner of British Airways, since its announcement on September 6 that up to 380,000 customers may have had their personal data, including credit card details, compromised, further investigation of the incident has revealed the possibility that an additional 180,000 customers’ data may also have been compromised. At the same
The International Air Transport Association (IATA) has called for urgent action by the UK and the European Union to put in place contingency planning for the continuation of air services in the event of a ‘no-deal Brexit’, and to move much faster to bring certainty to three critical air transport issues: the uninterrupted continuation of
Aegean Airlines has selected the Pratt & Whitney GTF™ engine to power up to 62 Airbus A320neo Family aircraft: 30 firm, 12 option, and up to 20 leased aircraft. Pratt & Whitney will also provide the airline with engine maintenance through a long-term EngineWise® Comprehensive service agreement. Since entering into service in early 2016, the
Only two months after taking over the helm as CEO of Air France-KLM, Ben Smith and the management of Air France have announced that they have reached a deal with most unions that is hoped will see an end to costly strikes which, this year, cost the carrier US$385 million. While five unions, representing 76.4%
Monarch Aircraft Engineering (MAEL), a leading aircraft MRO provider, has agreed the terms of the company’s new ownership structure, with Greybull Capital LLP becoming the majority shareholder. As the restructuring progresses, MAEL’s lenders, PNC, will continue to provide facilities and support, and many of the operator’s key customers are also looking to support the business.
NetJets, a Berkshire Hathaway company, has struck a deal with Textron to acquire up to 175 super-midsize Cessna Longitude aircraft and 150 Cessna Citation Hemisphere aircraft and which Textron anticipates will be firmed up over the next few weeks. NetJets has operated Cessna aircraft since 1984 and the current deal would see its fleet of
On the eve of the NBAA’s Business Aviation Convention & Exhibition (NBAA-BACE) in Orlando Florida, Aerion Supersonic (Aerion) and General Electric (GE) have announced that the US$120 million supersonic AS2 business jet will operate without the need for regulatory changes to noise levels. The Aerion jet will be powered by GE’s Affinity turbofan engine. The
Embraer has introduced the new Praetor 500 midsize and Praetor 600 super-midsize business jets during a company event at Orlando Executive Airport, where the 2018 National Business Aviation Association’s Business Aviation Convention and Exhibition (NBAA-BACE) will be held from October 16-18. The new Praetor 500 and Praetor 600 will be on static display during NBAA-BACE.
