The EU’s antitrust enforcer has demanded that Ryanair return €8.5 million (US$9.5 million) paid to the low-cost carrier in the form of illegal aid granted to the carrier at Montpellier Airport. The aid was paid by the French Promotion of Touristic Economic Flows (APFTE) between 2010 and 2017 to Ryanair and its subsidiary AMS for
BOC Aviation has placed four new Airbus A321neo aircraft with Scoot Airlines, the low-cost arm of the Singapore Airlines Group. The aircraft are powered by Pratt & Whitney’s PurePower® PW1100G-JM engines, and are scheduled for delivery in the second half of 2020.
CDB Aviation has placed one Boeing 737-800 aircraft on a long-term lease to a new customer in Russia, Joint-stock company NordStar Airlines, with airport bases in Krasnoyarsk and Moscow (Domodedovo). The 737-800 aircraft was delivered to the carrier in Ostrava, Czech Republic on July 30, and is expected to support the carrier’s expanding operations between
Airbus Defence and Space has appointed Julian Whitehead Executive Vice-President Global Business and Strategic Programmes, effective October 1, 2019. Currently, he is serving as Executive Vice-President Finance for the division and is a member of the divisional Executive Committee. Julian Whitehead will be succeeded by Xavier Tardy, also effective October 1, 2019, who currently serves
During the second quarter 2019 BOC Aviation has delivered a total fleet of 499 aircraft owned, managed and on order. The average aircraft age was 3.1 years and the average remaining lease term was 8.2 years for the 314 owned aircraft fleet, weighted by net book value. At the end of the second quarter BOC
American Airlines Group has reported its second quarter 2019 results. American has reported a second quarter 2019 pre-tax profit of US$882 million and net profit of US$662 million. Excluding net special items, pre-tax profit and net profit rose more than 5% to US$1.1 billion and US$810 million, respectively. Second quarter earnings were US$1.49 per diluted
The Airports Authority of India (AAI) has signed a contract to implement Aireon’s air traffic surveillance service in Mumbai, Chennai and Kolkata’s oceanic airspaces. These regions are located in the Arabian Sea, Bay of Bengal and Indian Ocean and represent over six million square kilometers. The goal is to deploy space-based Automatic Dependent Surveillance-Broadcast (ADS-B)
Southwest Airlines’ second quarter 2019 total operating revenues increased 2.9%, year-over-year, to an all-time quarterly record of US$5.9 billion, despite the negative revenue impacts as a result of flight schedule adjustments due to the MAX groundings. Second quarter 2019 net income was US$741 million compared with second quarter 2018 net income of US$733 million. Second
British Airways’ (BA) attempts to get a high-court injunction against its pilots’ threatened strike has failed. Rather than return to the negotiating table, BA will now look to appeal the decision, though no date has been given for this. Despite over 90% of BA’s other staff, represented by unions including Unite and GMB, looking to
Skyworld Aviation and Peter Greensmith of Papa Golf Aviation have partnered up to arrange the sale of two ATR 72-500 aircraft to Hi Airlines of South Korea. The aircraft were previously in operation with Air Tahiti. Serial number 862 was the first to deliver to Hi Airlines on April 5, 2019, with the second, serial
