Guangzhou Baiyun International Airport (CAN) reported its net profit increased 24.35 percent in the first nine months of this year due to strong air travel demand. Its net profit for the nine months ended September 30 was 926.277 million yuan, climbing 24.35 percent over the same period a year earlier. Basic earing per share stood at 0.81 yuan. According to a statement filed with the Sh...
Virgin America Inc. and four other small carriers are pressing federal regulators to change "slot management" practices at New York's three big airports to boost competition in the largest U.S. air market, said Virgin America Chief Executive David Cush. His San Francisco-based discount carrier and the other four filed a letter on Tuesday urging the chiefs of the Federal Aviat...
Flights to and from Bali, including several involving Singapore, were cancelled yesterday due to a new volcanic ash cloud from Mount Rinjani in Lombok, Indonesia's second-highest volcano that is active. The ash forced the Indonesian authorities to issue an order to close the Ngurah Rai International Airport on Bali for four hours until 11:30 p.m., temporarily grounding all flights to t...
An aeroplane was forced to make an emergency landing after the gas of 2,186 animals was mistaken for smoke in the cargo hold. The Singapore Airlines Boeing 747-400 freighter plane, which was en-route from Adelaide, Australia to Kuala Lumpur in Malaysia, was diverted to Bali Denpasar on October 26 following the urgent announcement. Upon landing, emergency services boarded the aircra...
Jet Aviation has introduced a new comparative analysis of insurance benefits service based on specific aircraft flight operation requirements. The service aims to clarify insurance options and help ensure maximum flight operation safety at competitive rates. In response to numerous client and industry requests for clarification of aircraft insurance schemes available to the market, Jet Aviation...
Belgian maritime group Compagnie Maritime Belge (CMB), which is a 51% shareholder in Dublin-based ASL Aviation Group, has registered an interest in taking on TNT Express’ airline activities. TNT Express is being acquired by FedEx and, if the deal succeeds, TNT’s European airline operations will have to be divested due to airline ownership regulations. This has sparked inte...
Wizz Air’s shareholders have approved the proposed purchase of 110 Airbus A321neos from Airbus during a general meeting held on Nov. 3. The airline’s owners voted 100% in favor of the aircraft acquisition during the meeting, which was held at Wizz Air’s Geneva offices. Wizz Air signed a memorandum of understanding (MOU) for the aircraft at the Paris Air Show in Ju...
S7 Group co-owner Vladislav Filev—who bought 51% of Transaero shares right before authorities pulled its air operator’s certificate—has pulled out of the deal. The official reason given is that Transaero owners failed to consolidate 51% of shares that are free and discharged. But Transaero co-founder Alexander Pleshakov accused Filev of the deal collapse. In a statement,...
A Boeing 737-400 aircraft operated by Pakistani carrier Shaheen Air International has suffered severe damage upon landing at Allama Iqbal International airport in Lahore. Local media says the aircraft, registered AP-BJO, had operated flight NL142 from Karachi when its main landing gear failed upon landing. Images on social media show the aircraft resting on grass, with at least one...
A new training system initiative about to be launched in the UK is intended to offer prospective commercial pilots a route to the cockpit at around half the cost of the integrated courses created for major airlines. Being established by partners including Bristol Groundschool, Cardiff Aviation and several other approved training organisations, the Wings Alliance will be formally launc...
Nextant Aerospace has completed certification testing of its G90XT twin-engined turboprop, and says US approval for the remanufactured Beechcraft King Air C90 is “imminent”. The programme was launched by Nextant two years ago in partnership with engine manufacturer GE Aviation, with the G90XT having made its first flight in January 2015. The upgraded aircraft features GE H75-10...
WestJet today announced its third quarter 2015 results, with record net earnings of $101.8 million, or $0.82 per diluted share, as compared with the adjusted net earnings1 of $85.4 million, or $0.66 per diluted share reported in the third quarter of 2014, up 19.2 per cent and 24.2 per cent, respectively, notwithstanding the significant weakening of the Canadian dollar year over year and...
AFI KLM E&M Components China, a wholly owned AIRFRANCE KLM subsidiary, was established in Shanghai in 2013 to repair avionics components and wasCAAC-certified in November of that year. Recently in 2015, EASA, the European Aviation Safety Agency also awarded the China subsidiary EASA Part-145 approval under number EASA.145.0721. “This is a v...
Avtrade is pleased to announce the appointment of Aymeric de Warren as Regional Sales Director – Dubai. An aviation professional, based in Dubai, Aymeric will be responsible for the Dubai office and team. Focus will be on progression of business opportunities, strong sales growth and development of existing and new customer relationships and support. With valuable knowledge and experie...
The United States and Europe are preparing to lift the trade sanctions that have hobbled the Iranian economy for more than 30 years. It is believed that this step would significantly affect the aviation industry in the country, prompting hundreds of aircraft renewals within the next decade alone. However, it is still unclear how Iran will form and manage its plans with regard to the industry. What...
The worldwide inventory of used business aircraft rose by one percent in September, representing 11 percent of the installed base, according to the latest report by UBS, which noted that this total is still below the historical average of 13 percent. While young aircraft (0 to 10 years old) inventories rose by 2 percent, available very young aircraft (0 to 5 years old) dropped by two percent,...
Iran is studying the feasibility of producing a regional jet using technologies, and even airframe parts, acquired and mastered during the IrAN-140 program using national resources and in-house capabilities. The study began in 2013, shortly after the establishment of the Iranian Aviation Technology and Knowledge-based Industries Development Headquarters (IATDH). The Tehran-based government body...
Two Emirates A380 jets will take to the skies this week, wearing special livery in support of United for Wildlife, a global collaboration that unites the efforts of the world's leading wildlife charities in the fight against the illegal wildlife trade. The livery, will feature some of the planet’s wildlife threatened by poaching and the illegal wildlife trade, aims to raise awareness...
Shell will be showcasing its expertise and experience at the Dubai Airshow this week, highlighting the importance of supporting Middle Eastern aviation growth. The Middle East has always proved to be an important region to Shell, as the company has contributed to the development of the aviation industry through its businesses, such as Aviation and Bitumen, supplying fuels and lubricants, and pr...
Abu Dhabi International Airport has released figures that show its strong global appeal as a travel hub, with an impressive 18% growth in passenger traffic over the first three quarters of the year, with a total of 17,473,063 passengers. The top ten busiest routes for the first nine months of 2015 included the U.K., U.S.A., Saudi Arabia, Australia, Qatar, Thailand and Germany. Total aircraft tr...
DC Aviation Al-Futtaim (DCAF), has confirmed its participation for the second consecutive time at the 2015 Dubai Airshow. Visitors to the show can locate DCAF at stand 2119. Holger Ostheimer, general manager of DC Aviation Al-Futtaim said, “We are extremely pleased to be participating at the Dubai Airshow which is undoubtedly one of the world’s premier gathering of aviation professi...
