The A350-1000’s new engine – the Rolls-Royce Trent XWB-97 – has successfully made its first flight-test aboard Airbus’ dedicated A380 “Flying-Test-Bed” aircraft. The aircraft took off from Airbus’ facilities in Toulouse and performed a flight of 4 hours, 14 mins during which the engine covered a wide range of power settings at altitudes up to
Air Canada reported third quarter adjusted net income of CAD$734m, compared to adjusted net income of CAD$457m in the third quarter of 2014, an improvement of CAD$277m or approximately 61%. EBITDAR amounted to CAD$1,076m compared to EBITDAR of CAD$749m in the same quarter in 2014, an increase of CAD$327m or approximately 44% year-over-year. On a
Korean Air finalized the airline’s order of 30 737 MAXs and two additional 777-300ER (Extended Range) jetliners valued at nearly US$4bn at current list prices. The airline also has options for additional 737 MAXs as part of the order, which was previously announced as a commitment during the Paris Air Show in June. With this
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, signed an agreement to lease two new Boeing 737 MAX aircraft to Okay Airways Company. The aircraft are scheduled for delivery in 2018 and are part of GECAS’ existing orderbook with Boeing. Okay Airways operates a fleet of more than 30
National flag carrier Air New Zealand and the European turboprop aircraft manufacturer ATR signed a contract for the purchase of 15 additional ATR 72-600s. The deal is valued at some US$375m. The airline, which ordered seven ATR 72-600s in 2011, had already exercised all of its five options as well as converted two purchase rights
The Minister of Investments and Development (MID) of the Republic of Kazakhstan, Asset Issekeshev has signed a Memorandum of Understanding (MoU) with CAA International (CAAi), the State-to-State advisory arm of the UK Civil Aviation Authority (UK CAA). The MoU supports future collaboration between the UK and Kazakhstan to strengthen the safety oversight of Kazakhstan’s Aviation
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has signed a partnership with Ramco Systems, which specializes in business software systems, especially in the MRO sector, to set up a joint innovation center in Singapore. A team of around ten people will work there on designing and developing innovative, rapid-deployment solutions for strategic
As a result of Air Canada’s attempts to move the majority of its heavy-maintenance operations out of Canada in 2012 by awarding a five-year contract to an American firm, Avos Fleet Performance (Avos) filed for bankruptcy protection, citing a decline in the level of business done with Air Canada. The Quebec Liberal government at that
Papua New Guinea’s airline, PNG Air, formerly Airlines PNG, and ATR have signed a comprehensive long-term Global Maintenance agreement (GMA) providing a total support package for the airline’s fleet of ATR 72-600 aircraft. The airline has recently received one aircraft, with further six to join the fleet within two years. The GMA contract will run
Boeing forecasts airlines in the Middle East will require 3,180 new airplanes over the next 20 years, valued at an estimated US$730bn. 70% of the demand is expected to be driven by rapid fleet expansion in the region. According to the Boeing Current Market Outlook (CMO), single-aisle airplanes such as the 737 MAX will command
