It was back in the first week of December 2014 that an Airbus A320 came within 20ft of colliding with a drone while landing at Heathrow airport. This, together with a number of other high profile incidents, including the flying of substantial drones around the Eiffel tower, US Embassy, the Louvre and Bastille monument all
Air Seychelles, the national carrier of the Republic of Seychelles, reported a third consecutive year of profitability after recording a net profit of US$3.2m for 2014. The result exceeds last year’s profit of US$3m and reflects continued improvement in the airline’s key performance indicators, following Etihad Airways’ acquisition of a 40% share in 2012 and
China’s Changzhou National High-tech Industrial Development Zone recently inked a framework cooperation agreement with Beijing General Aviation Co. (BGAC), under which BGAC will invest more than 5bn yuan (approx. US$820m) over a five-year period in a move to establish the sole general aviation manufacturing and operation service hub in Jiangsu province of eastern China. Previously,
BOC Aviation announce the signing of a new agreement for firm orders of V2500 engines to power 12 new A320 family aircraft, part of its existing order with Airbus. The V2500 engine is offered through IAE International Aero Engines, an aero engine consortium led by Pratt & Whitney in collaboration with Pratt & Whitney Aero
It has been announced that Scandinavian Airlines (SAS) will be selling two of its slot pairs at Heathrow by the end of October, reducing their holding to just 19 daily slot pairs. SAS have made it clear that after this sale of both slot pairs, they do not intend to further reduce their slot numbers
Deutsche Lufthansa AG achieved its operating-result objective for 2014. The €954m operating profit reported for the year was a €255m or 37% improvement on the prior-year result. Following a revision of its original projections owing to negative yield trends and the extraordinary impact of strike action, the company had projected an operating profit for the
Mesa Air Group of Phoenix, Arizona (Mesa Airlines) has signed a firm purchase agreement for seven CRJ900 NextGen aircraft. The transaction was concluded on the sidelines of the International Society of Transport Aircraft Trading (ISTAT) Americas 2015 conference held in Mesa’s hometown. Based on the list price of the CRJ900 NextGen aircraft, the firm order
Swiss International Air Lines (SWISS) announced a commitment to purchase three additional 777-300ER (Extended Range) airplanes. The order is valued at US$990m at list prices. This latest commitment follows SWISS’ previous order for six 777-300ERs in 2013. SWISS is part of the Lufthansa Group and currently serves 69 destinations across 37 countries worldwide from Zurich,
Boeing and EL AL, the Israeli flag-carrier, celebrated a major milestone on March 12th, with the delivery of the airline’s 50th airplane purchased from Boeing – a Next-Generation 737-900ER. The delivery is the fifth 737-900ER for the airline following an order placed for eight between 2011 and 2013. Since taking delivery in 1961 of its
Nextant Aerospace, a Directional Aviation Capital company, maker of the Nextant 400XTi – the world’s only remanufactured business jet – and the forthcoming Nextant G90XT turboprop, have solidified a multiple 400XTi aircraft order from PlaneSense, a fractional aircraft ownership company based in Portsmouth, New Hampshire. The new agreement is a five aircraft order, with two
