AerSale, Inc. announced today that Bill Thompson has been promoted to the position of Senior Vice President, Materials Division. In his new capacity Thompson will oversee AerSale’s global materials acquisition and sales efforts covering all airframe and engine product lines for both commercial and military platforms. Bill joined AerSale in 2010, where he was initially responsible for the sal...
Lockheed Martin announced that Jeff Babione has been named the executive vice president and general manager of the F-35 Program, effective January 1, 2016. Babione succeeds Lorraine Martin who has been appointed to the newly created position of deputy executive vice president, Mission Systems and Training (MST). As head of Lockheed Martin’s F-35 team, Babione will lead development, produc...
The engine of a Boeing 767 carrying 101 people caught fire as the plane taxied for departure Thursday at Fort Lauderdale-Hollywood International Airport in Florida, officials said. It was bound for Caracas, Venezuela. Seventeen people were taken to Broward Health Medical Center, according to a spokeswoman there. Among those transported were a child and a trauma patient. Two of the 17 had b...
Historic partnership paves the way for the establishment of an H135 final assembly line and a comprehensive industrial hub in China. Sino-German Ecopark, located in Qingdao, Shandong province, makes commitment to acquire 100 H135s to be produced locally over the next 10 years for Chinese general aviation needs. Airbus Helicopters consolidates its position as the leading helicopter...
The rate of investment in IT at airports around the world is rising – the latest figures from SITA estimate it will hit US$8.7 billion in 2015. This forecast is a climb from 5.82% of revenues in 2014 to 6.25% this year. Airport Chief Information Officers (CIOs) are also predicting even higher budgets for 2016 with 64% expecting an increase over this year. The annual Airport IT Tr...
US airline Delta Air Lines is to pull out its service to Dubai. The airline will end its flights between Atlanta and Dubai on February 11 2016. A Delta spokeswoman said: “The B777 aircraft used to operate ATL-DXB will be redeployed to other transatlantic markets where it can compete on a level playing field that’s not distorted by subsidised state-owned airlines.”&nbs...
The rivalry between the All Blacks and the Wallabies is among the fiercest in sport. Understandably then, tensions are reaching new heights just hours out from the biggest match ever to be played between the two sides. Fans of the victorious nation will hold bragging rights for the next four years, while the loser will be tormented by friends from across the ditch until the two sides meet in...
ANA Holdings Inc.'s bond risk jumped last year as the company announced its biggest-ever order for newaircraft. Now Japan's largest airline is being rewarded for the bravado that saw it give its fleet Star Wars paint jobs. The cost to insure the debt of ANA against nonpayment dropped to 58 basis points, the lowest since January 2008, from 128 a year earlier, according to data provider C...
To match ongoing high demand for its bestselling A320 Family, Airbus has taken the decision to further increase the production rate of the Single Aisle Family to 60 aircraft a month in mid-2019. The decision follows thorough studies on production ramp-up readiness in the supply chain and in Airbus sites to allow the ramp-up. To enable the ramp-up Airbus will extend its capacity in Hamburg with...
Universal Avionics is set to unveil the UniLink Desktop Training Software for Future Air Navigation System (FANS) environment familiarization during the NBAA2015 – Business Aviation Convention and Exhibition. The new software, allowing operators to walk through a series of scenarios simulating two-way messaging using FANS technology, is on demonstration in Universal Avionics Booth N5733 d...
China Aircraft Leasing Group Holdings Limited (“CALC” or the “Group”, stock code: 01848.HK), the largest independent operating aircraft lessor in China, completed the delivery of the fifth A320 aircraft to Air India Ltd. (“Air India”) at the facilities of Airbus in Toulouse, France on 28 October 2015, marking the 56th delivered aircraft of CALC’s fleet....
Caribbean Airlines announces today the resignation of its CEO, Mr. Michael DiLollo with immediate effect, due to personal reasons. This has received the approval of the Board of Directors. The Board has appointed Mr. Tyrone Tang, Chief Financial Officer, as Acting Chief Executive Officer while they conduct a search for a permanent replacement. The Board has full confidence in the senior le...
Lightweight metals leader Alcoa today officially opened its state-of-the-art jet engine parts facility in La Porte, Indiana. The facility doubles Alcoa’s capacity in La Porte and provides new capabilities that broaden its reach in engines for large commercial aircraft. The new plant will meet increasing demand from makers of best-selling jet engines, growing Alcoa’s value-add busi...
Duncan Aviation is pleased to announce the company has entered into a five-year direct contract agreement with the Egyptian Air Force (EAF) for aircraft maintenance services. Duncan Aviation has been managing the maintenance and repair of the EAF fleet of Falcon 20 aircraft since 1999. Duncan Aviation’s Manager of Government & Special Programs Dave Shipperbottom says the fact th...
Satcom Direct is the first Inmarsat SwiftBroadband (SBB) distribution partner to provision and enable the new SwiftBroadband high data rate (HDR) service with Honeywell avionics, nearly doubling in-flight data speeds available to business aviation. In its latest “first” for business aviation, Satcom Direct has made HDR service available to SwiftBroadband customers, providing a faste...
Air China said on Thursday its net profit jumped 98.1 percent from a year earlier in the first nine months thanks to lower fuel price and robust travel demand. Air China made 6.28 billion yuan (US$988.17 million) in January-September, in line with its own forecast. It made 3.17 billion yuan a year earlier, according to a stock exchange filing. Air China's Hong Kong-listed shares closed d...
Australia’s Civil Aviation Safety Authority (CASA) says it is committed to listening to the aviation community and is making changes to the regulatory regime where necessary to ensure better outcomes for all. The nation’s aviation safety regulator has responded to concerns from The Australian Aviation Associations’ Forum (TAAAF), which said on Thursday it was concerned at the...
Etihad Airways and Virgin Australia have received the green light to extend their alliance for a further five years. In a draft ruling, the Australian Competition and Consumer Commission (ACCC) says it plans to re-authorise the alliance that was first established in 2011 and led to Virgin commencing flights on its own metal between Sydney and Abu Dhabi. “The ACCC considers th...
Hainan Airlines Co., Ltd. (HU), one of China's four major air carriers, Thursday reported a third-quarter net profit of 887.33 million yuan, down nearly 37 percent compared to a net income of 1.41 billion yuan in the year-ago. The 3Q revenue increased to 10 billion from 9.81 billion yuan in the same period last year, but net profit fell 36.85 percent to 887.33 billion yuan, due to depr...
The Chinese manufacturer of the MA60 and Y12E aircraft delivered to Nepal Airlines Corporation (NAC) last year has sent a revised performance chart as the two planes did not meet the performance specifications sent earlier. NAC's Managing Director Sugat Ratna Kansakar said that they received the revised performance chart for the two aircraft on Monday, and were doing an internal techni...
Deutsche Lufthansa AG (LH) has been given the green light by China's aviation watchdog to launch Ku-band satellite-supported Wi-Fi internet connectivity on the airline's 49 aircraft in China, the German carrier said on Friday. Lufthansa was authorized to test in-flight Wi-Fi access on its 49 aircraft in China by temporarily using Ku-band satellite communication links, with the validity...
