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DAILY AVIATION NEWS ALERT
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American Airlines posts record first-quarter revenue of US$12.2 billion
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American Airlines (American) and its regional partners operated 476,000 flights in the first quarter 2023, with a load factor of 80%. This resulted in revenues of US$12.2 billion for the quarter, a first-quarter record and an increase of 37% compared to Q1 2022 on 9.2% more capacity. American produced an operating margin of 3.6% on a GAAP basis and 3.7% …
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WorldACD sees global air cargo tonnages and average rates stabilise
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Global air cargo tonnages and average rates appear to have stabilised since mid-April after declining for several weeks, according to the latest weekly figures from WorldACD Market Data. Following a sharp drop in chargeable weight in the first full week of April, and a continuing slow slide in worldwide average rates since February, figures for week 16 (17 to 23 …
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Boeing expands ecoDemonstrator flight test programme
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Boeing is expanding its ecoDemonstrator flight-test programme to further accelerate innovation for sustainability and safety. The company has announced its 2023 plan to assess 19 technologies on the Boeing 777 ecoDemonstrator, while also adding "Explorer" airplanes that will focus tests on specific technologies. The first ecoDemonstrator Explorer, a 787-10 Dreamliner, will conduct flight tests in June from Seattle to Tokyo, Singapore and Bangkok to demonstrate how coordinating …
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Joramco appoints Victor Moreno new Head of Safety and Quality
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Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has appointed Victor Moreno as the new Head of Safety and Quality. With more than 35 years of aviation experience and an extensive knowledge of EASA, UAE GCAA, FAA, and UK CAA regulations, including the Safety Management Systems framework integration in an …
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TARMAC Aerosave, Airbus and the City of Chengdu establish Airbus Lifecycle Services joint venture
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TARMAC Aerosave, Airbus and the City of Chengdu have established Airbus Lifecycle Services, a joint venture for the first aircraft lifecycle services centre in China. The facility will offer aircraft storage, maintenance, dismantling and recycling services. The announcement follows an initial Memorandum of Understanding signed in January 2022. Entry into service of the new centre is scheduled around the turn …
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Safran to lead Open Fan demonstration programme with European partners
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Safran Aircraft Engines is coordinating the demonstration of new Open Fan engine technologies within the frame of the Clean Aviation Joint Undertaking project OFELIA, which stands for Open Fan for Environmental Low Impact of Aviation. The French engine manufacturer will be working with 26 industry European key partners, including Airbus, Avio Aero, GKN Aerospace, as well as research lab such …
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EU’s ReFuelEU Aviation proposal will see air travel decarbonised
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Avolon orders 40 Boeing 737 MAX aircraft
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Boeing reports revenue of US$17.9 billion for first quarter reflecting 130 commercial deliveries
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Datalex and Air Transat extend partnership
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Matt Berkebile becomes President Farsound U.S.A.
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Zenith Aviation automates supply chain utilising Pentagon 2000SQL
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Spirit posts first-quarter 2023 net loss of US$103.9 million
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles.
Subscription free monthly magazine straight to your inbox, as a pdf attachment or link to hosted site.Edit this to insert text.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Interested in promoting your company with AviTrader?
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Vice President Sales & Business Development
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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