Russia’s Aeroflot has sued Transaero Airlines for RUB5 billion ($79.3 million) in the Moscow City Arbitration Court, which did not disclose details. Aeroflot Group stated it will hire half of Transaero’s 12,000 staff and is ready to offer jobs to 700 pilots; 2,800 flight attendants; 1,000 members of engineering and technical personnel; 1,200 employees of ground handling division; an...
The first A350-900 for Singapore Airlines has been revealed in the airline’s livery following completion of painting in Toulouse. The aircraft is now set to move to the next stages of production, including the installation of engines and cabin furnishing, before starting ground and flight tests. The aircraft is scheduled for delivery to Singapore Airlines in the first quarter of 2016. Sin...
Biofuels for aviation continue to face multiple challenges, the most daunting of which centers on ways to make production economical, according to a recent report jointly released by the French Académie des Technologies and Académie de l'Air et de l'Espace. The experts admit the environmental benefit, although proven in principle, is difficult to quantify. They consider hydro...
The pre-owned market for in-production large-cabin Gulftreams is holding steady, though prices on early modelG650s are likely to dip below $60 million over the next 12 months, according to an inaugural Gulfstream quarterly market update report from Hagerty Jet Group. The Savannah, Ga.-based aircraft broker, which specializes in Gulfstreams, completed nine Gulfstream transactions worth $260 million...
The UAE’s two leading airlines have decided not to follow Cathay Pacific’s lead and will continue to fly over Iranian airspace, despite concerns over Russian air strikes on Syrian targets. Russia has been firing long-range missiles at Syrian targets from warships in the Caspian Sea. The European Aviation Safety Agency issued a warning that the missiles “crossed airspace in Ira...
In the latest step forward in creating Turkey’s first regional aircraft, TRJet announced an agreement on plans to use Pratt & Whitney Canada (P&WC) to upgrade and supply PW306B engines for TRJet aircraft. The memorandum of understanding involves Sierra Nevada Corporation’s (SNC) German-based subsidiary 328 Support Services GmbH (328), the current type certificate holder and a m...
Leisure carrier Small Planet Airlines GmbH is strengthening its positions in the German market flying from two new locations – Bremen and Paderborn. The company has revealed it started cooperating with Germany’s leading tour operator, and during the next holiday season it will fly to Rhodes, Heraklion, Kos, Menorca, Burgas. “Working with the most popular travel organizer is th...
Air Seychelles has officially welcomed the newest member of its domestic fleet, a DHC-6 Twin Otter Series 400 aircraft, to Seychelles.The iconic turboprop aircraft, named “Isle of Denis” after a small coral island lying 95 km northeast of Mahé, was recently delivered from Canada and is the sixth Twin Otter aircraft in the fleet. A large delegation headed by Danny Faure, Vic...
AFI KLM E&M and fast growing leisure airline Jet2.com have signed an engine maintenance contract for the UK carrier’s Boeing 737-800 Next Generation aircraft. The agreement covers engine repairs, on-site and on-wing assistance, as well as an engine leasing option. Two quick-turn repairs already carried out The global specialist for CFM56-7 engine maintenance, AFI...
Amsterdam, The Netherlands; October 14, 2015 – AerCap Holdings N.V. (“AerCap,” NYSE: AER) today announced its major business transactions during the third quarter 2015: Signed lease agreements for 46 aircraft, including 12 widebody and 34 narrowbody aircraft. Purchased 7 aircraft, including 1 Boeing 787-8, 1 Boeing 787-9, and 5 Boeing 737-800s. Executed sale and...
Honeywell Aerospace’s latest navigational technology will be available as an option on Airbus A320 and A330 aircraft in early 2018. The new Integrated Multi-Mode Receiver will offer Airbus customers access to the latest precision navigation capabilities — a cost-effective solution that increases airport traffic capacity while decreasing weather-related delays, noise and operating...
CALGARY, ALBERTA—(Marketwired – Oct. 14, 2015) – FLYHT Aerospace Solutions Ltd. (“FLYHT” or the “Company”) (TSX VENTURE:FLY) (OTCQX:FLYLF) reported today it has received a re-issued Supplemental Type Certificate (“STC”) for its Automated Flight Information Reporting System (“AFIRS™”) 228 on the Airbus A320...
Paris, Amstelveen, 14 October 2015 – AFI KLM E&M has been granted Part 145 approval by the European Aviation Safety Agency (EASA) authorizing it to carry out line maintenance for airlines operating the A350. Engaged in a program to develop its dedicated A350 maintenance capabilities,AFI KLM E&M has with this new approval extended its commercial offering with...
JOHANNESBURG. 14 October 2015. South African Airways (SAA), the leading carrier in the Sub-Saharan Africa region, has introduced a second entry point to Nigeria in its quest to enable trade and unlock mobility, which will considerably add to business travel options in the West African region. Adding a second gateway in Nigeria to SAA’s existing daily service to Lagos materially strengthen...
In a transaction arranged by Skyworld Aviation we are delighted to announce the delivery of two CRJ700 aircraft to Estonian Air. Serial number 10085 (ES-ACF) was delivered on 2nd October and serial number 10083 (ES-ACE) on 9th October. Both CRJ 700’s are already in service with the Estonian airline alongside three existing CRJ 900’s. The aircraft are owned b...
Adjusted pre-tax income(1) of $2.2 billion, an increase of $547 million year over year on a similar basis. - Adjusted earnings of $1.74 per diluted share. - On a GAAP basis, pre-tax income of $2.1 billion and earnings of $1.65 per share. - Returned $532 million to shareholders through dividends and share repurchases. Delta Air Lines today reported financial results for theSeptember 2015...
Montreal Airport celebrated with their Route of the Week Award this week, which was given to the Canadian gateway for the launch of services by Air China to Beijing on 29 September. Celebrating with the award at Air China’s check-in are: Charles Aubé, Chief, Schedule Facilitator, Aéroports de Montréal; Sun Ying, Montreal Airport Station Manager, Air China; Francois-Ni...
JetLease Capital has arranged and completed a $2 million loan for a Cessna Citation CJ2 business jet. The jet will be based in the Midwest United States. The transaction was structured as a 7 year term loan, 15 year amortisation, 80% LTV. The client is a high net worth individual/entrepreneur engaged in the real estate industry. JetLease Capital is based at the West Palm Beach Flor...
Bombardier has announced in a mailed statement today that the CSeries program stills on track to certify its CSeries CS100 airliner by the end of the year, The manufacturer is committed to the program despite the budget overrun and delays and the lack of firm orders in over a year. “It’s a thrill to announce that we’re in the final stage of certification. Following a comp...
Rolls-Royce has welcomed Singapore Airlines’ decision to order Airbus’ newly-launched Ultra-Long Range version of the A350-900. The airline has amended its existing order for 63 A350-900s to include seven A350-900ULRs with capability for flights of up to 19 hours. Singapore Airlines has also ordered an additional four A350-900s, taking its firm order total for the A30 XWB&nb...
With reports that Islamic State (IS) militants have begun operating commercially-produced unmanned air vehicles to support their activities in the Middle East, Boeing and Lockheed Martin are pursuing two very different approaches to knocking unmanned aircraft out of the sky. Boeing has produced a 2kW laser weapon system to literally burn UAVs out of the sky, while Lockheed is taking a non-kinet...
