Germany’s Fraport is selling a stake in the operator of the St Petersburg airport, which is ailing from low traveller numbers due to the weakness of the Russian rouble, to the Qatar Investment Authority (QIA). The deal, from which Fraport expects to generate a gain of €30 million (Dh123.1m) to €40m, will help to offset weakening revenues at hubs such as Frankfurt and Antalya and...
The future of Piaggio’s Avanti twin turboprop pusher is in question, after the Italian airframer’s statement this week about a new “industrial plan” that will see the company focus primarily on military programs going forward. Annual deliveries for the civil version of the aircraft have dropped into the low single digits for the past several years. An unmanned patrol/reconn...
The Victorian Government will spend $11.1 million to secure four extra aircraft for the coming bushfire season. Two of the world's biggest firefighting air tankers will again be added to the state's fleet this summer, as well as an extra helicopter and support plane. The Government said the large air tankers were critical in stopping the spread of fires at Wye River, Scotsburn and Ba...
Amsterdam's Schiphol Airport has suddenly boosted its security in a move authorities there have linked to the "national threat level," snarling traffic as military police check cars coming to drop passengers off. An employee working at the airport told The Associated Press the move followed an unspecified threat. She spoke on condition of anonymity because she was not authorized t...
BAE Systems has asked to be freed from anti-monopoly controls it signed up to when the defence giant was created through the merger British Aerospace and Marconi Systems 17 years ago. The FTSE 100 business was saddled with a list of undertakings at the time of the 1999 tie-up as regulators sought to ease concerns about the new company’s dominance of the UK defence market. These restric...
The company “Wargaming” has designed a branded Boeing 737-300 for Belavia, the state airline of Belarus; the vehicle is ready for its first flight. Wargaming, a Belarus-Cypriot company which designed the game World of Tanks, has given one of Belavia Airlines' Boeings a makeover. The country's best-known brands have joined forces to promote the image...
Alaska Airlines announced plans to build a new $40 million airplane maintenance facility at the site of the current Signature Flight Support building on Old International Airport Road. Located on the east side of the Ted Stevens Anchorage International Airport, the new hangar is located about a half mile from Alaska’s existing 37,500-square-foot facility. The company has hired local architec...
The Astralis Club has announced its plans to launch a highly exclusive and ultra- luxurious international air-services using specially configured, wide-body Boeing 747- 400 aircraft. U.K. based aviation entrepreneur and Astralis Managing Director, Tony Easton AMRAeS said:- “Air travel lost its glamour during the 1960s. Today, the endless queues, delays and fight for space render air trave...
The first prototype of the KC-390, next generation multi-mission aircraft by Embraer, returned to Brazil after successfully completing its first international mission, lasting 23 days and flying more than 48 hours. Currently, two KC-390 prototypes accumulated more than 400 flight hours. Besides participating in the Farnborough Airshow in England, where the aircraft made its international debut,...
Airbus Group suffered a €1.4 billion hit linked to its troubled A400M military transporter and A350 passenger jet in the first half of the year, although profits rose thanks to asset sales and a satellite launch merger. The France-based company on Wednesday reported profit of €1.76bn, up from €1.52bn in the first half of 2015. In the second quarter, Airbus finalised its sale of a...
In June, the Central AeroHydrodynamic Institute named after professor N.E. Zhukovsky (TsAGI) completed tests on flutter characteristics of the dynamically scaled model of the new light transport aircraft IL-112 developed for Russian air force. The tests were conducted in TsAGI’s large subsonic wind tunnel. Scale model is 1: 5, wingspan – 5.3 m, we...
Las Vegas, Nevada-based Allegiant Travel Company has signed a purchase agreement for 12 Airbus A320ceo (current engine option) aircraft. This deal marks the first time the low-cost airline has purchased new aircraft from any manufacturer. Each will be powered by CFM56 engines from CFM International. The company’s current fleet plan is focused on a transition to all Airbus aircraft including...
