At the end of 2013 it was estimated that there would be a 31% increase in worldwide airline passenger numbers between 2012 and 2017. Of this increase, 24% was estimated to be from the Chinese market. This figure equates to 195 million local passengers and 32.4 million international ones, making 227.4 million in total. The
Boeing and Azerbaijan-based Silk Way West signed an order for three 747-8 Freighter airplanes valued at more than US$1.1bn at current list prices. Silk Way West is an enterprise of the Silk Way Group, which includes 23 companies working in the aviation industry and related services. The airline currently operates seven Boeing airplanes, including two
The European Aviation Safety Administration (EASA) has approved the VIP Type Certificate for the S-76D helicopter, allowing for operation of the aircraft in Europe. The announcement was made at the 2015 Helicopter Association International Heli-Expo show. EASA signed the certificate on Feb. 25th, capping an intensive flight test program to introduce the S-76D helicopter, Sikorsky’s
Brazil is the latest in a growing number of countries where Heli-One is able to deliver its leading helicopter maintenance, repair and overhaul (MRO) services. The National Civil Aviation Agency of Brazil (ANAC), which oversees safety and security of civil aircraft, components, operations and personnel licensing in the country, has certified all four of Heli-One’s
AeroCentury, an independent aircraft leasing company, reported its unaudited operating results for the fourth quarter and year ended December 31st, 2014. Effective as of January 1st, 2014, the Company adopted an alternate method of accounting for non-refundable maintenance reserves and certain lessor maintenance costs. In order to provide a meaningful comparison for 2014 results, the
Nayak Aircraft Service announced the extension of base maintenance approval for Embraer Legacy 450 / 500 and Legacy 600 / 650. This means from now on NAYAK provides in CGN full maintenance support for authorized aircraft model scheduled maintenance. As Embraers Authorized Service Center in Europe Nayak’s business jet maintenance team is looking forward to
Total revenue increased by US$49m, or 39%, to US$173m for the fourth quarter compared to US$124m for the same period in 2013. Adjusted net income increased by US$21m, or 74%, to US$49m for the quarter compared to US$28m for same period in 2013. Net income for the fourth quarter was a loss of US$13m reflecting
AerFin (UK) continues its acquisition programme to support its inventory contracts, with the purchase of A319 MSN 1846, currently being parted out in Goodyear AZ. The airframe will be used to support the parts inventory programs that AerFin is establishing with recent contracts and existing customers. This agreement brings the total number of aircraft that
German cargo airline AeroLogic has commissioned Lufthansa Technik AG to provide base maintenance services for its fleet of Boeing 777F aircraft. Over the next two years, C-checks on the carrier’s eight 777Fs will be carried out by Lufthansa Technik’s subsidiary Lufthansa Technik Maintenance International (LTMI) in Frankfurt. The primary focus of these extensive checks –
Three countries have announced plans to trial a new means of enabling air traffic controllers to more easily follow planes travelling over large expanses of water, such as the Indian Ocean, which is believed to be the final resting place of Malaysian Airlines flight MH370. The news comes at an awkward time for the relatives
