After the federal Export-Import Bank’s charter ran out on the 30th June when Congress chose not to renew it, a rare Sunday meeting of the US Senate has seen a 67-26 majority vote enable the federal credit agency to now operate until September 30th 2019. The vote was to advance the legislation required, though the
BA CityFlyer has signed an exclusive agreement with airline pilot training and resourcing company CTC Aviation for Direct Entry Pilot selection services. Significantly, this is the first time that the airline has outsourced their selection of First Officers to an independent service provider. CTC Aviation’s Airline Resourcing team will be providing selection services to support
Boeing and Jin Air celebrated the airline’s first direct-delivered Next-Generation 737-800 in Seattle. Jin Air is the low-cost affiliated company of Korean Air. The delivery marks the 13th Boeing 737-800 to join Jin Air’s all-Boeing fleet. The airline currently serves 16 routes in Asia and operates a total of 15 airplanes, including two 777-200ERs.
WestJet has begun rolling out its new inflight entertainment system featuring wireless Internet connectivity and more than 450 movies and television programs, called WestJet Connect. The system will be activated on all of WestJet’s Boeing 767ER aircraft and more than 30% of WestJet’s Boeing Next-Generation 737 aircraft by end of 2015, with installations on the
Transaero Airlines received delivery of its first Airbus A321 as a result of a long-term leasing agreement between the airline and ICBC Leasing of China. The delivery from Airbus’s Hamburg plant is part of Transaero’s fleet renewal programme and business efficiency enhancement programme. Under these programmes Transaero’s fleet is being expanded with new fuel efficient
GKN, a UK headquartered global engineering group with over 50,000 people working in the aerospace, automotive and land systems markets, has agreed to acquire Fokker Technologies Group B.V from Arle Capital for an enterprise value of €706m (£499m). The acquisition of Fokker further enhances GKN’s position as a leading global supplier to the aerospace industry.
WestJet announced its second quarter results for 2015, with net earnings of CA$61.6m as compared with the net earnings of CA$51.8m reported in the second quarter of 2014. WestJet achieved an on-time performance rate of 91.3% in the second quarter, a year-over-year improvement of 6.8 points. Based on the trailing twelve months, the airline achieved
Rolls-Royce has been selected by RwandAir to supply Trent 700 engines to power two Airbus A330 aircraft. The agreement makes RwandAir a new Rolls-Royce customer. Dominic Horwood, Rolls-Royce, Chief Customer Officer – Civil Large Engines, said: “We welcome RwandAir to the Rolls-Royce family of customers and are proud to power its first selection of widebody
Since seizing power back in 2014 the Thai military government has been looking to make financial cutbacks and reform state-run organizations. As a consequence the country’s flag carrying airline, Thai Airways, is undergoing a number of changes with the aim of reducing running costs and capacity by 20% over the next two years. One of
Boeing and Vietnam Airlines announced a five-year exclusive pilot-training agreement to support the Hanoi-based airline’s 787 Dreamliners. Under the agreement, Boeing Flight Services, a business unit of Boeing Commercial Aviation Services, will provide flight training for the airline’s new 787 Dreamliner fleet at Boeing’s Singapore training campus. Nearly 90 Vietnam Airlines pilots are expected to
