Gevo has signed a strategic alliance agreement with Alaska Airlines to purchase Gevo’s renewable jet fuel and fly the first-ever commercial flight on alcohol-to-jet fuel (ATJ). The demonstration flight is expected to occur after Gevo receives ASTM International certification for its fuel, sometime in mid to late 2015. Gevo has been working through the rigorous
Finnair’s revenue in the first quarter of 2015 was on a par with the corresponding period in 2014 at €540.4m. Revenues increased by higher passenger traffic revenue and negatively affected by lower revenue from Aurinkomatkat Suntours and cargo traffic, as well as the elimination of revenue from businesses sold after the comparison period. Finnair´s profitability
In order to meet increasing demands from customers, AV8 MRO recently moved into a new facility featuring 20,000 square feet of office and warehouse space. With 10,000 square feet of dedicated shop space, the new facility drastically increases AV8 MRO’s ability to offer additional in-house capabilities, as their previous facility had only 2,000 square feet
STTS Group, a European expert in painting of aircraft will celebrate the opening of the first purposely built paint hangar at Casablanca’s Airport, Mohammed 5th, Morocco, on May 8th. Royal Air Maroc (RAM) and STTS Group decided in 2013 to set up a joint venture to answer to a growing demand of high quality and cost
Avtrade is expanding the frontiers of aircraft component support and fortifying growth in the Americas with new Canada based inventory. Based at Canada’s largest airport, Toronto Pearson, Avtrade’s new warehouse capabilities stock comprehensive TCCA approved inventory serving all major carriers operating a range of Boeing aircraft including the B737 NG. Serving as a worldwide hub and
Relations between US and a number of Gulf carriers have been strained since January and the situation shows no signs of cooling off. At the beginning of the year American Airlines, Delta Air Lines and United Airlines alleged that Emirates, Qatar Airways and Etihad Airways had received in excess of US$40bn in state subsidies over
Christoph Mueller assumed leadership of the Malaysia Airlines Group on May 1st, 2015, following a decision by its sole shareholder, Khazanah Nasional Berhad to accelerate the leadership transition to enable Mueller to be in the executive capacity to lead the overall restructuring of MAS. The most important task for Mueller is to drive the design
Aircastle reported first quarter 2015 total revenues of US$194.3m, an increase of US$17.7m, or 10% from the previous year, driven by higher maintenance revenues of US$15.0m. During the first quarter of 2014, the company recorded US$16.4m of contra maintenance revenue in connection with engine restoration work completed by a lessee prior to the scheduled return
Honeywell signed a contract with Indian airline IndiGo to supply its on-order Airbus A320neo fleet with a suite of avionics technologies. IndiGo’s new fleet of aircraft will feature several Honeywell safety-focused cockpit systems that will enable pilots to better monitor the surrounding airspace and provide greater situational awareness. In a first for India’s airline industry,
The International Air Transport Association (IATA) announced global passenger traffic results for March 2015 showing demand (revenue passenger kilometers or RPKs) rose 7.4% compared to March 2014. This was an improvement on February, when year-over-year growth was 6.4%. The acceleration in the year-on-year comparison reflects the residual impact of the February Lunar New Year celebrations,
