Jazeera Airways has finalised its voluntary capital reduction process to bring down its capital from KD42 million to KD20 million to match the size of its current operations after it exited the aircraft leasing business. As part of the process, the company will issue cash payouts worth a total KD32.7 million starting Sunday, December 13, 2015. The KD32.7 million cash payouts include:...
AviationCV.com, a global provider of aviation specialist resourcing solutions for aviation industry players, has signed a cooperation agreement with China Airlines (CAL), the flag carrier and largest airline of the Republic of China (Taiwan). Under the agreement, AviationCV.com together with the Taiwanese carrier will offer new job opportunities for pilots with various Airbus and Boeing types....
At least 63% of flights transiting over the Gander Oceanic Flight Information Region (FIR) – which stretches from the east coast of Canada to about halfway across the North Atlantic – carry the necessary equipment to participate in a project that will space aircraft closer together on the high-traffic corridor in a bid to increase capacity, cut flying time and reduce fue...
Emirates airline will retire 26 older aircraft next year, as the world’s largest international carrier focuses on the fuel efficiency and modernity of its fleet to win more customers. The airline said that it will further retire 13 aircraft in 2017 and another 13 planes in 2018, making its average age of aircraft retirement at 15.7 years, below the industry’s average of 25 years....
Chennai // India’s main airport in flood-devastated Tamil Nadu state reopened on Sunday as emergency workers strove to help thousands of residents forced to flee their inundated homes. Anger is mounting among some residents who accuse local authorities of failing to work swiftly to help those affected. The international airport in the state capital Chennai had closed on Wednesday leavi...
Sikorsky Aircraft Corporation announced the successful completion of the VH-92A Presidential Helicopter Replacement Program Preliminary Design Review (PDR), completion of the integration and performance testing of mission communications system (MCS) components, and Sikorsky’s acceptance of the second S-92A™ aircraft for the program. Sikorsky Aircraft Corp. is a subsidiary of United Tec...
Russia’s leading business aviation operators continues to sum up the current year and share their thoughts on the development of the segment in the future. Today our partners Bizav Week guests are TOP management of Weltal Avia,which is the largest operator in Siberia and the Far East, Andrey Kolomoets and Denis Menshov. Past 10 months have clearly shown that Russian domestic market...
Tunisian authorities have banned all Libyan carriers from serving Tunis Carthage International Airport following last month's bombing of a bus carrying Tunisian presidential guards which killed twelve and injured twenty others. Terrorists linked to Islamic State later claimed responsibility. As it stands, Libyan Wings (YL, Tripoli Mitiga), Libyan Airlines (LN, Tripoli Int'l), Afriq...
The pilot killed in the Apple Valley plane crash has been identified as 60-year-old Michael (Mike) Mangold, a world-famous aerobatics champion for Red Bull who was a resident of Victorville. The crash occurred on Sunday, December 6, 2015 at about 2:20 P.M., according to the Apple Valley Fire Protection District the aircraft is described as an L39 Jet. Witnesses say, that the small pla...
The Aeroflot Group has further clarified its plans for a consolidated regional carrier encompassing Rossiya (FV, St. Petersburg), Donavia (D9, Rostov), and Orenair (R2, Orenburg) and based on the Rossiya brand, the largest of the three. Announcing a net profit of RUB1.83 billion (USD27.7 million) for the nine-month period through to September 30, the Russian group said the 'new Rossiya'...
The UTair Group says it completed the sale of its Azur Air (ZF, Krasnoyarsk) charter unit in September of this year as part of its cost-reduction programme. Though not confirmed by the Russians, Turkey's Anex Tourism Group (ATG) has already acknowledged as the buyer. UTair says the decision to offload the carrier, then known as Katekavia (ZF, Sharypovo), and its fleet of nine B757-200s was...
Civil Aviation Safety Authority (CASA) chairman Jeff Boyd has suggested a new funding model that includes international operators would be a more equitable way of funding the organisation. Currently, CASA receives the bulk of its funding from a fuel excise on domestic flights. International flights are not subject to the fuel excise. With the downturn in the mining industry affecting demand...
