Boeing and Qatar Airways signed an order for 30 787-9 Dreamliners and 10 777-300ERs, valued at US$11.7bn at list prices. The airline also signed a Letter of Intent for up to 60 737 MAX 8s, valued at US$6.9bn at list prices. This latest announcement builds on Qatar Airways’ current fleet of 84 Boeing aircraft, a […]
Qatar Airways orders 30 787-9 Dreamliners, 10 777-300ERs Read More »
L-3 Communications (LLL) has entered into an asset purchase agreement (APA) to acquire certain assets of Implant Sciences Corporation (Implant) for US$117.5m in cash, plus the assumption of specified liabilities. L-3 intends to finance the asset purchase using its existing cash on hand. Implant has recently entered into Chapter 11 Bankruptcy protection, and the consummation
L-3 agrees to acquire assets of Implant Sciences Read More »
In September, Finnair’s overall capacity measured in Available Seat Kilometres grew by 8.5% and traffic grew by 7.2% year- on‐year. The passenger load factor declined by 0.9 points year-on-year to 80.7%.
Finnair traffic performance in September 2016 Read More »
SAS’ traffic for September was up 7.6% compared to the same period in 2015, while capacity was up 7%. The load factor for the month was 77.6%, up 0.5 points when compared to September 2015.
SAS posts traffic figures for September Read More »
At Montreal, on October 6, the Plenary Session of the UN aviation agency’s 39th Assembly agreed to adopt a global market-based measure (GMBM) to control international aviation’s CO2 emissions. According to ICAO Council President, Dr. Olumuyiwa Benard Aliu, “It has taken a great deal of effort and understanding to reach this stage, and I want
Resolution text for GMBM to be adopted for aviation CO2 emission control Read More »
GE Aviation opened its digital collaboration center in Austin with launch customer Qantas Airways. Through the partnership, data scientists, software developers and architects from GE and Qantas will work together to distill some of the ten billion data points produced by the aviation sector annually into solutions that can achieve greater fleet intelligence and operational
GE and Qantas join forces to drive efficiencies through data analytics & collaboration Read More »
Avolon Holdings, the international aircraft leasing company and a wholly owned subsidiary of Bohai Capital Holding, the equipment and transportation lessor, signed an agreement to acquire the aircraft leasing business of CIT Group. The Transaction will create a leading aircraft leasing business with an owned, managed and committed fleet of 910 aircraft valued at over
Avolon to acquire aircraft leasing business of CIT Group Read More »
Citing such external influences as terrorist attacks, Brexit and the weakening pound, easyJet, the low-cost UK-based carrier has forecast a £490-£495 million pre-tax profit for the carrier’s tax year ending September 30. This figure is down 29% on the last financial year’s profit of $686 million. According to the airline: “EasyJet has performed strongly in
easyJet predicts 29% fall on pre-tax profit compared to 2015 Read More »
Embraer has strengthened its corporate team in Europe, Middle East and Africa with the appointment of Guy Douglas as Director of Corporate Communications EMEA. Douglas will report to Jorge Ramos, Embraer’s President EMEA, and in matrix to Saulo Passos, Global Head of Marketing and Communications. He will cover the region from the Embraer EMEA headquarters
Embraer appoints Guy Douglas to lead EMEA communications Read More »
Liebherr LAMC Aviation (Changsha), the joint venture between the Chinese company LAMC (AVIC Landing Gear Advanced Manufacturing) and German-based Liebherr-Aerospace Lindenberg, celebrated the delivery of its first ARJ21 main landing gear assembled in China to aircraft manufacturer COMAC. The ARJ21 main landing gear assembly line at Liebherr LAMC Aviation (Changsha) was established by Liebherr by
