The International Air Transport Association (IATA) announced that it expects the global airline industry to make a net profit in 2017 of $29.8 billion. On forecast total revenues of $736 billion, that represents a 4.1% net profit margin. This will be the third consecutive year (and the third year in the industry’s history) in which airlines will make a return on invested capital (7.9%) which...
Order confirms airline as launch customer of two-class, 86-seat Q400 aircraft Bombardier Commercial Aircraft announced that it has finalized a firm purchase agreement with Philippine Airlines, Inc., flag carrier of the Philippines, consistent with the Letter of Intent announced on October 14, 2016. The purchase agreement includes a firm order for five Q400 aircraft and purchas...
Boeing teammates in North Charleston, S.C., started final assembly of the first 787-10 Dreamliner, marking yet another on-time milestone for the development program. The first 787-10 will cycle through Boeing South Carolina's Final Assembly facility as all major sections are joined, interior and exterior components completed, power turned on and production tests begin. "As we e...
New research from Global Jet Capital, a global provider of financing solutions for corporate aircraft, reveals there are around 73 aircraft of this size for sale in the Middle East, with a combined value of around $939 million. Some 26 of these aircraft are registered in the United Arab Emirates, and 23 are in Saudi Arabia. The remainder is spread out across the Middle East. The findings...
Bristol Flying Centre Ltd, the parent of Centreline Air Charter, has undergone a total brand review and today unveiled its new identity and website. The company, now all named Centreline, has rebranded to support its growth and continuing evolution as a European leading full service private jet management organisation. The extensive rebranding exercise includes a new website encompassing the co...
Jet Aviation unveils a new corporate logo and branding initiative as part of the company’s 50th jubilee anniversary celebrations next year. The new corporate logo retains the color elements of the company’s current mark, while introducing a more modern design. The branding initiative also features a stand-alone emblem that replaces the deer-head symbol. Amongst other celebratory...
TAG Farnborough Maintenance Services (TFMS) in conjunction with Zodiac VIP Business Aircraft Interiors (ZBAI) is now able to provide improved business aircraft interiors capabilities. Services range from smart repairs to discreet cabinet refurbishments and minor interior modifications. The range of products extends to furniture, carpets, seats and cabin periphery. &ldqu...
Honeywell unveiled GoDirect Cabin Connectivity, a suite of services and mobile applications that helps business jet owners and operators more easily manage and control their satellite communications services and usage. By providing operators with the tools needed to manage an aircraft’s connectivity network via an online portal or mobile device, Honeywell has limited the need for third-party...
Abu Dhabi Global Market has launched two initiatives to accelerate growth at the UAE’s newest free zone. It has adapted its rule book to encourage the aviation finance industry to set up on ADGM’s Al Maryah Island base; and it is to host a global summit on financial technology in support of its ambition to be a regional hub for the booming fintech industry. Ahmed Al Sayegh, the c...
Russia’s Naval Aviation will receive the first eight upgraded Kamov Ka-27M (NATO reporting name: Helix) shipborne helicopters, Russian Defense Ministry spokesman for the Navy Igor Dygalo said. "The Naval Aviation is planned to receive the first eight upgraded Ka-27M helicopters in December 2016," Dygalo said. The Ka-27M is the latest modification of the Kamov Ka-27 developed for...
Boeing unveiled its 2016 Boeing Pilot & Technician Outlook for the Asia-Pacific region, projecting that more than 500,000 new pilots and technicians will be needed to support the expanding demand for new airplane deliveries over the next two decades. The outlook, a leading industry forecast of aviation personnel demand, anticipates the need for 248,000 new commercial airline pilots and...
Heli-One announced that its Rzeszow, Poland facility has received European Aviation Safety Agency (EASA) approval to provide base maintenance service for Leonardo AW139 aircraft. Heli-One Poland’s facility, which opened in 2014, provides base maintenance support for Airbus AS332, H225 and H135 aircraft. Additionally, Heli-One offers component repairs, including AW139 exhaust ducts. The Rz...
Gama Aviation Plc, the global aviation services group, has released the architectural concept for its proposed business aviation facility in Sharjah. The facility, the first purpose built location of its type in Sharjah, will replace its existing facility and is a cornerstone to the company's continued expansion in the region. Once completed, mid-2018, the facility will comprise o...
Falcon Aviation has implemented Rockwell Collins’ ARINC LocalCheckSM Local Departure Control System (L-DCS) to automate the check-in process for the company’s fleet of helicopters and corporate jets. Falcon Aviation provides a host of aviation services, including private jet and helicopter charter, aircraft management and aircraft maintenance and support, to customers throughout the...
The German federal police (Bundespolizei) has signed a contract with Airbus Helicopters for the purchase of three H215 multi-role rotorcraft via the purchasing administration of the German Federal Ministry of Interior . The aircraft will be tasked with a number of challenging roles, among them maritime emergencies and police missions. The helicopters are scheduled for delivery in early 2019. ...
New forecasts will be integrated into ARINCDirect flight planning tools Increases safety for operators in Southern Europe, the Middle East and North Africa Rockwell Collins is integrating regional sand and dust storm forecast information into the company’s ARINCDirect flight planning tools, enabling business aviation operators in those areas to improve safety and on-time performan...
Dubai-based DC Aviation Al-Futtaim (DCAF) continues to grow its managed fleet with the addition of a new Dassault Falcon 7X aircraft. DCAF will operate the new aircraft on behalf of the private owner. With the addition of the new aircraft, DCAF has increased its fleet under management to five including two Bombardier Challenger 604, a Gulfstream G200, a Bombardier Global XRS and the Falcon 7X....
airberlin announced the sale of its share in NIKI to Etihad for a total consideration of 300 million euros. The divestment marks an important milestone in the implementation of the company’s restructuring plan announced in September. The transaction is subject to regulatory approvals. Etihad will not majority own or effectively control NIKI. Stefan Pichler, CEO of...
Boeing Business Jets announced it will work with GKN Aerospace’s Fokker business to develop, produce, offer and support the Skyview Panoramic Window, the largest window available on any passenger jet offered today. The window will be available as a feature on the BBJ, BBJ 2, and all three members of the BBJ MAX family – including the new BBJ MAX 7 – with scheduled en...
Jet Aviation is pleased to announce the appointment of its maintenance hub in Dubai to the Airbus Corporate Jets (ACJ) Service Center Network (SCN). The agreement with Airbus was signed at MEBAA 2016 in Dubai, United Arab Emirates. Airbus appointed Jet Aviation’s MRO hub in Basel, Switzerland, as part of the ACJ SCN in May this year. To enhance support services for ACJ customers...
Global aerospace leader’s 757 test bed aircraft comes to UAE to present the latest Honeywell technologies at regional Business Aviation event In support of its commitment to supporting aerospace innovation across the Middle East, Honeywell, will bring its industry-leading test bed aircraft to Dubai to coincide with the 2016 MEBAA business aviation exhibition being held from December...
