Carrying 420 million passengers in 2014, representing half of all passenger journeys in Europe, five of the region’s major airlines, Air France-KLM, easyJet, IAG, Lufthansa Group and Ryanair have met with the European Union’s Transport Commissioner, Violeta Bulc, to discuss future EU aviation strategy. The move is notable for a number of reasons, including the
Air Astana increased its operating profit by 115% to US$23.9m in the first half of 2015. Net profit was US$8.3m, versus a loss of US$36.4m in the first half of 2014 (the result of a book loss following a local currency devaluation), whilst passenger numbers increased by 4% to 1.82 million. Total revenue was however
Pratt & Whitney held a ceremonial groundbreaking on July 16th for its new state-of-the-art 425,000-square-foot building that will serve as the company’s global headquarters and world-class engineering facility. Construction work, which is supported in part by the 2014 Connecticut Aerospace Reinvestment Act, will begin later this year and is scheduled to be completed in late
Ameco reported that it transferred a retrofitted workshop for VIP and business jet completion from a current facility into its main base. It covers 1600 m² and will be used as interior manufacture workshop. This is the second workshop for interior manufacture following the first one opened in September 2012. In addition, Ameco’s VIP and
GA Telesis announced its asset transactions for the second quarter of 2015. The company added one MD-11 freighter on lease to FedEx and one CFM56-5A engine to its portfolio. The company sold or leased six ERJ-145 aircraft, four CF34-3 engines, three CFM56-5B engines, two CFM56-5A engines, two A321-100 airframes, two A320 aircraft, two CF6-80C2B1F engines,
The Single European Sky (SES) initiative was launched in 2000 by the European Commission after the airline industry suffered from severe delays to flights in Europe during 1999. A working party was created and, based on the recommendations in its report, at the end of 2001 the Commission produced a legislative package. This package was
Rolls-Royce is to work with ITP to support a €43m research programme to test Intermediate Pressure (IP) turbine technologies that will go into its future engine design, UltraFan. UltraFan, which will be available for service from 2025, will offer at least 25% improvement in fuel burn and emissions compared with first generation Rolls-Royce Trent engines.
Munich Airport welcomed the ruling by the Federal Administrative Court in Leipzig, in which the court has now dismissed the six outstanding complaints filed by the environmental group Bund Naturschutz Bayern and five private individuals. The plaintiffs had filed motions with the Leipzig court following the rejection of their appeals in the administrative proceedings on
During the second quarter, Norwegian’s total revenue was almost 5.9 BNOK, up 16% from the same quarter last year while Norwegian’s long-haul routes had a revenue growth of 60%. Norwegian’s production growth for this quarter was 8%, while the company’s traffic growth was 15%. Norwegian’s pre-tax result (EBT) for the 2nd quarter 2015 was 456
Boeing and Tata Advanced Systems (TASL) signed a framework agreement to collaborate in aerospace and defence manufacturing and potential integrated systems development opportunities, including unmanned aerial vehicles. The companies intend to access markets jointly for products and platforms developed together by Boeing and TASL. TASL is already on contract to manufacture aerostructures for Boeing’s CH-47
