Boeing is forecasting continued strong growth in demand for commercial aviation pilots and maintenance technicians as the global fleet expands over the next 20 years. Boeing’s 2014 Pilot and Technician Outlook, released at EAA AirVenture Oshkosh, projects that between 2014 and 2033, the world’s aviation system will require 533,000 new commercial airline pilots and 584,000
Calgary-based WestJet Encore has signed a firm purchase agreement for five Q400 NextGen airliners. This transaction is a conversion of a batch of five options booked by the carrier’s parent company WestJet and follows the first conversion of five option aircraft announced on March 27, 2014, bringing the number of option aircraft exercised to 10.
Rolls-Royce notes the termination by Airbus of an order for six Trent 900-powered Airbus A380 aircraft from Skymark Airlines of Japan. The aircraft were due for delivery between 2014 and 2015. The airline had also selected TotalCare service and support for the engines. This cancellation reduces the Group’s order book by £351m which represents 0.5%
FLY Leasing Limited, a global lessor of modern commercial jet aircraft, has signed agreements with a leading Asian airline to purchase and lease back three Airbus A330-300 aircraft. Under the terms of the agreements, FLY will purchase the first of the aircraft in the coming weeks and the two remaining aircraft later this year. Two
Spirit Airlines reported adjusted net income for the second quarter 2014 increased 45.2% to $66.5m compared to $45.8m the second quarter 2013. GAAP net income for the second quarter 2014 was $64.8m compared to $42.1m in the second quarter 2013. For the second quarter 2014, Spirit achieved an adjusted pre-tax margin of 21.3% compared to
WestJet announced its second quarter results for 2014, with net earnings of $51.8m as compared with the net earnings of $44.7m in the second quarter of 2013. Based on the trailing twelve months, the airline achieved a return on invested capital of 13.7%, consistent with the 13.7% reported in the previous quarter.
Boeing and All Nippon Airways celebrated the delivery of the airline’s first 787-9 Dreamliner. ANA will become the world’s first airline to operate both the 787-8 and 787-9 variants of the Dreamliner family when the airline launches 787-9 services on domestic Japanese routes in August. With this delivery, ANA will have 29 787s in its
Air Comm Corporation (ACC), an industry leader in the design, development, production and certification of Environmental Control, Air Management and Thermal Management Systems for fixed and rotary wing aircraft, is expanding its Quantum Control software footprint to manage manufacturing and repair service operations at the company’s Dallas location. ACC currently leverages Quantum at its facility
Air Seychelles, the national airline of the Republic of Seychelles, will take delivery of its first Airbus A320 aircraft in December 2014, heralding significant enhancements to its international flight schedule at the same time. The changes, effective December 1st, include increased weekly frequencies between Seychelles and Abu Dhabi, more capacity on flights to Mauritius, and
At EAA AirVenture in Oshkosh, Wisconsin, ICON Aircraft unveiled the first production A5, an aircraft the company refers to as Engineering Serial Number 1 (ESN-1). This is the first A5 built from the production design, with production tooling, and using production methods and components. ESN-1 was built over a five-month period, from January to June
