At a time when a record 54.4% of Americans are planning a vacation over the next six months, the travel industry is growing concerned as to what effect the spread of the Zika virus throughout the greater part of Central and South America will have. While the majority of operators have witnessed minimal impact so
Iran officials have signed two agreements with Airbus covering new aircraft orders and a comprehensive civil aviation co-operation package. Iran Air has signed an agreement with Airbus for the acquisition of the full range of new Airbus airliners (73 widebodies and 45 single aisle). This includes pilot and maintenance training and support services to help
Lightweight metals leader Alcoa (AA) today announced a long-term supply agreement with Boeing for multi-material aerospace parts. Under this agreement, Alcoa will supply components for the 777X—Boeing’s newest commercial airplane—the 737 MAX—scheduled for first delivery in 2017—and the 787 Dreamliner. The deal draws on capabilities gained through the Firth Rixson acquisition and the Company’s new
HAECO Cabin Solutions announced that Cathay Pacific Airways will become the launch customer for its new Vector Y+TM economy class passenger seat on Cathay’s A350-1000 aircraft. The new seat, designed for long-haul operations, is the latest model from the Vector seat platform featuring carbon fiber construction, recline with seat pan articulation and industry-leading living space.
Shares fell by up to 10% and reached a 52-week low after Boeing announced the Company’s forecast for 2016, figures not helped by the results of the financial performance for Q4 2015. Last week’s announcement that Boeing will be taking a charge for slowing production of the 747-8 certainly contributed to the weaker-than-anticipated profit for
Assembly of the main airframe sections of the first A350 XWB for China Airlines is advancing at Airbus’ Final Assembly Line (FAL) in Toulouse, France. This involves the assembly of the wing-fuselage junction, the installation of the tailplane and also the tailcone. The aircraft will then be moved to the next assembly station for structural
Nova-Tech Engineering, a leader in the design and manufacture of aerospace tooling and automation, has received an order from Airbus to provide a fourth production line for the final assembly of A320 family of aircraft to its Hamburg, Germany plant. Nova-Tech is responsible for providing all components of the new production line, including the equipment
Last week we reported on the creation of the A4E (Airlines for Europe) alliance by IAG (British Airways & Iberia), Lufthansa, Air France-KLM, easyJet and Ryanair, and quoted Ryanair’s CEO, Michael O’Leary, who specifically wanted to target air traffic control (ATC) unions – “we want to eliminate air traffic control strikes that affect thousands of
Avolon, the international aircraft leasing company, issued an update for the 2015 fourth quarter (‘Q4’) and full year and announced that Bohai Leasing is investing an incremental US$1.2bn of equity capital in the business bringing Avolon’s total available liquidity to US$2bn to accelerate growth in 2016 and beyond. Avolon begins 2016 as a wholly-owned, indirect
Encouraging figures have been released by the International Air Transport Association (IATA) indicating that for global air freight markets, figures for November 2015 are slightly up on the low point in August and had expanded on those for October, leading to the conclusion that the previous decline had now bottomed out. Figures measured in Freight
