At the Xponential trade show in Dallas, Texas, Airbus unveiled its new start-up, the commercial drone Airbus Aerial. With bases in both the U.S and Europe, the start-up’s business will be focused on developing new imagery services. According to Airbus, “These services will leverage the best software and aerospace technology from across the globe to
An ongoing labor dispute between Spirit Airlines and the Air Line Pilots Association (ALPA) which is representing Spirit Airlines’ pilots, has resulted in the cancelation of over 300 flights since the beginning of May, with 81 alone cancelled last Sunday. Security had to wrestle with unruly passengers at the Ft. Lauderdale-Hollywood International Airport after flight
The first Chinese-built passenger jet has made its maiden flight on May 5, 2017. The first COMAC C919, powered by CFM International’s advanced LEAP-1C integrated propulsion system, successfully completed a 79- minute first flight, marking the launch of the certification flight test program for the 150-passenger aircraft. “This is a great day for all of
The International Air Transport Association has released figures for March 2017 which indicate that passenger traffic ended on a strong note at the end of the first quarter. Demand in measured in RPKs rose 6.8% compared to March 2016, capacity grew 6.1% and load factor increased by one half of a percent to 80.4%, which
The resultant fallout from the recent physical removal of David Dao from a United Airlines flight and ‘bullying’ of a woman with a stroller by a flight attendant on board an American Airlines flight continues. Airline chiefs, including United’s CEO Oscar Munoz, attended a four-and-a-half-hour hearing on Capitol Hill where Bill Shuster, R-Pa., House Transportation
Despite Sydney Airport Holdings, the 84% owner of Sydney’s Kingsford Smith Airport, walking away from the project, the Australian federal government has confirmed its intention to go ahead with the building of a new AU$5-AU$6bn Sydney airport. The location will be at Badgerys Creek in the Western Sydney district, approximately 60km from the city’s central
The day after Boeing announced a Q1 19% rise in profits, Airbus has announced a fall in adjusted operating profit of 51%, to €240m for Q1 2017. Revenue increased 7% to just under €13bn and while analysts had predicted a loss, the 52% drop was appreciably greater than the 31% anticipated. Airbus shares fell by
Through the signing of a definitive agreement, Dubai Aerospace Enterprise (DAE) has announced its intention to acquire the AWAS group of companies, a leading global aircraft leasing company. While terms of the transaction have not been disclosed, it is understood that it will be financed from funds managed by Terra Firma Capital Partners and the
Republic Airways Holdings, the parent of Republic Airline, one of the largest independent regional airlines in the United States, released that the Honorable Judge Sean Lane of the United States Bankruptcy Court for the Southern District of New York, has approved Republic’s Plan of Reorganization and has entered an order to that effect. This decision
Rostec State Corporation, the parent company of Russia’s United Engine Corporation (UEC), has announced this week that a 21.9 billion ruble investment will be made between 2017 and 2025 to upgrade production facilities prior to going into mass production of the Aviadvigatel PD-14 engine which will be used to power the new Irkut MC-21 narrow-body
