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IATA announced airline industry outlook for 2016 with average net profit margin of 5.1%

The International Air Transport Association (IATA) announced its airline industry outlook for 2016 which sees an average net profit margin of 5.1% being generated with total net profits of US$36.3bn. IATA also announced a revision to its airline industry outlook for 2015 upwards to a net profit of US$33bn (4.6% net profit margin) from US$29.3bn

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China’s aircraft tax exemptions challenged by US

The USA has launched a challenge against the Chinese policy of exempting ‘home grown’ aircraft from taxes, making it difficult for American manufacturers to be competitive. In the last three years alone the USA has exported over $US500 million worth of small-to-medium-sized planes to China. Currently China has a policy of imposing 17% ‘value added

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Rockwell Collins’ integrated visual systems featured on two Airbus A320 full flight simulators in Mexico City

As part of a contract with Lockheed Martin Commercial Flight Training, Rockwell Collins’ integrated visual systems will be featured on two Airbus A320 full flight simulators that will be based at Airbus’s new training centers in Mexico City, Mexico. “Our integrated visual systems are proven in the most challenging training exercises, which is especially valuable

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IAM reaches tentative agreement for 2,200 at Hawaiian Airlines

The International Association of Machinists and Aerospace Workers (IAM) Districts 141 and 142 announced tentative agreements with Hawaiian Airlines that cover the carrier’s 2,200 Mechanic and Related, Clerical, Office, Stores, Fleet and Passenger Service employees. The proposed five-year contract provides pay raises retroactively from October 1, 2015, enhances job security, holds the line on health

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Comprehensive A320 checks by Indonesian Transport Ministry about to begin

With the release of the report indicating a faulty connection in the A320’s Rudder Travel Limiter Unit (RTLU) as the reason for the crash of AirAsia flight QZ8501 in December 2014, which killed all 162 passengers and crew, the Indonesian Transport ministry has reacted positively by ordering the inspection of the RTLUs of all A320’s

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Business Aviation Veteran launches new venture

Brian Hoffman, former General Manager of Business Jet Access in Dallas, has launched a new business venture serving the business aviation community. Concentric Aviation, is a cutting-edge provider of aircraft acquisition, aircraft consulting, aircraft sales, and technical consulting services. The new venture was formally launched at the 2015 NBAA Convention. Mr. Hoffman has over 38

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Bruce Aerospace obtains FAA & EASA STC for Full Colour LED Cabin Lighting Systems for Swiss International Air Lines A330-300

Adding to the growing list of certified platforms, Bruce Aerospace confirmed it has obtained both FAA and EASA STC for the Swiss International Air Lines Full Colour LED Cabin Mood Lighting System for the A330-300 aircraft. The system was installed by SR Technics. Using the latest technology, GEN 3 systems, Bruce Aerospace successfully installed and

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Somon Air signs 5-year contract to use OASES MRO IT system

Somon Air, a private airline based in Dushanbe, Tajikistan, has selected OASES, the MRO IT system from engineering and maintenance systems expert Commsoft, for its airline CAMO activities. OASES will control the airline’s six-strong fleet of Boeing 737 ‘Classic’ and NG aircraft. The fast-growing airline has signed a 10 concurrent users, five-year contract with Commsoft,

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