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XOJET Releases 2015 Mid-Year Update

XOJET, Inc., a leader in private jet charter services, announced today that it has surpassed projections in the first half of 2015, delivering 51 percent increase in EBITDA and 20 percent increase in retail charter business.  In addition, the company added 100 new Preferred Access clients, as well as continued to grow its portfolio of enterprise clients, representing Fortune 500 companie...

Dassault to display Falcon 7X at CIBAS

Dassault will display a Falcon 7X at the upcoming China International Business Aviation Show show in Beijing. Held at the Civil Aviation Authority of China’s flight inspection unit at Beijing Capital Airport, 2015 will be the forth year that the show has been running that CIBAS has been held. ccording to Asian Sky Group’s 2014 Greater China year end report, there were 26 Falcon 7...

Constant Aviation completes milestone 96-month inspection

Constant Aviation has completed their 30th 96-month inspection on the Embraer Legacy 600. “The 96-month inspection is one of the two most in-depth inspections on the Legacy 600. It averages approximately 3,300 man-hours and requires specialised tooling, equipment and knowledge of the airframe to complete successfully.” Jim Rady, Embraer program manager said: “The 96-mon...

Spirit Aeronautics gains FAA Turbine engine service ratings

Spirit Aeronautics has expanded their FAA Approved Capabilities List to include additional service ratings for turbine powered (jet) engines. “Our customers are always looking for ways to minimise downtime and enhance the value of the services they receive from a provider like Spirit Aeronautics.” Tony Bailey, president & COO of Spirit Aeronautics said: “Our custome...

Stocks in Europe Resume Retreat as Rebound Proves Temporary

Even the best day since 2011 wasn’t enough to reverse fortunes for European stocks, which resumed declines on Wednesday. Investors have dealt with zigzags this week, as European stocks first slid the most since the financial crisis, before rallying yesterday after China cut interest rates. A late-day announcement that Monsanto Co. abandoned efforts to acquire Syngenta AG sent sh...

Greece deal points to flexible approach to bank rescues in EU

European Union rules to shield taxpayers from having to rescue ailing banks should be applied flexibly because of broader economic imperatives highlighted by the latest Greek rescue package, analysts and lawyers say. That flexibility may mean that European taxpayers cannot be given cast-iron guarantees that they will not be called upon again to bail out banks as during the financial crisis....

Airbus: Fleets in Russia & CIS to more than double by 2034

According to the latest Airbus Global Market Forecast (GMF), the Russia & CIS air passenger market will more than double in the next 20 years, with over 2,000 aircraft needed by 2034, compared to the 922 in operation today to meet the countries’ growing demand for air travel. Airbus’ forecast shows that over 1,280 of these aircraft will be new deliveries, valued at US$150...

South African Airways and Jet Airways Expand Codeshare Agreement

South African Airways, Africa’s most awarded airline, and Jet Airways, India’s premier international airline, have further expanded their codeshare agreement. With immediate effect, passengers can now book and travel throughout the combined networks of both airlines, and enjoy convenient flight connections between India and South Africa, over Jet Airways’ Abu Dhabi gateway. Th...

Fastjet Fleet Expansion news

fastjet (AIM:FJET), Africa’s low-cost airline, has signed a Letter of Intent (LOI) for the purchase of an Airbus A319 aircraft (the Aircraft). The Aircraft is expected to be ready for operations by the end of September 2015 and is planned as the first aircraft for the fastjet Zambia fleet. “Following our recent announcement of the fourth and fifth aircraft joining our fleet, the add...

Flights resume after fire at Dublin Airport

Flight operations at Dublin Airport have resumed after they were suspended this morning when a fire broke out in a hangar. The fire has been contained and there are no reports of any injuries. Daa said that due to the disruption passengers should expect some knock-on delays and are advised to check with their airline for the latest flight information.

Aeroflot and Saudia Announce Codeshare Agreement

Aeroflot and Saudia, the flag carriers and largest airlines in Russia and Saudi Arabia respectively, announce that they have entered a codeshare agreement that expands their networks between popular business and leisure destinations in the two countries. The new codeshare flights are now available for purchase for flights starting from August 1, 2015. Subject to regulatory approval, Aeroflot wi...

Feel yourself a Jet Hunter.

Every year the number of applications and the "original" products for flight bookingin business aviation is growing. In fact it is logical - the Internet becomes a real helper in all areas of the business, making it easier and more mobile. But the project, which we were able to meet recently, "stands out" from this category standard. However, details of the Jet H...

Russian Defense Ministry expects industry to produce more than 200 aircraft in 2015

The current commander of Russia’s Aerospace Forces said the military are to receive about 360 aircraft, air defense weapons and pieces of radio-technical equipment this year ZHUKOVSKY (Moscow region), August 25. /TASS/. Russia’s Defense Ministry expects the national industry to produce more than 200 aircraft this year, Deputy Defense Minister Yuri Borisov told reporters on Tue...

Half Million Tickets Up To 50 Percent Off On LOT Polish Airlines

LOT Polish Airlines is offering half a million tickets up to 50 percent off for travelers going to Poland and beyond in all classes of service from its Chicago and New York JFK gateways for travel beginning Dec. 1, 2015 through June 30, 2016.  Blackout dates of Dec. 15, 2015 – Jan. 12, 2016 (Christmas) and March 21 through Apri...

Business growth for the Kimbrell Group

Kimbrell Group headquartered in Miami, Florida, is experiencing charter sales growth both domestically and internationally. The Group is adding to its aircraft management division with its long term partner, My Corporate Jet Inc and Kimbrell Group will now have another aircraft under its air charter operator marketing fleet. Representing the second private jet under aircraft operator marketi...

Republic warns of Chapter 11 if pilots reject new CLA

Republic Airways Holdings Inc., parent firm to Republic Airlines (YX, Indianapolis Int'l) and Shuttle America (S5, Fort Wayne), has warned that it may file for Chapter 11 bankruptcy protection should it fail to conclude a new Collective Labour Agreement (CLA) with its pilot corps. The two have been at loggerheads since 2007 when a previous CLA fell open to amendme...

Ryanair: Statement Re. Manchester Court Case

“We note this ruling which reverses Lower Court orders that a 2 year time limit for claims is reasonable. Since we believe a 6 year time limit for submitting such claims is both unnecessary and unreasonable, we have instructed our lawyers to immediately appeal this ruling. Ryanair today rubbished the absurd claims about its potential liability under the Manchester Court judgement. Firstly...

Estonian Air earned profit in June and July 2015

Estonian Air earned profit in June and July, 200,000 euros in average in both months. Last time the company had profitable summer months was in 2010. “Profitable summer months indicate that the restructuring plan has helped us to establish a solid foundation for long-term sustainability. Active sales in Estonia and destination markets and capacity providing for other airlines have contrib...

25 Countries Defy Sanctions to Attend MAKS-2015 Air Show

Ignoring the current western sanctions against Russia, many European aircraft makers readily accepted an invitation to take part in the MAKS-2015 international air show that launches outside Moscow on Tuesday and will run through Sunday.     ts first three days are considered to be business days for defense industry officials, and the show opens to the general...

Flying bird: Russia’s amphibious Chirok prototype debuts at MAKS-2015 air show

Russia has unveiled a full-size prototype of its lightweight, amphibious Chirok, capable of manned and unmanned flight, at the MAKS-2015 air show near Moscow. Able to take off and land most anywhere, the air-cushioned aircraft is much in demand. The aircraft is made of carbon fiber composite material, with a wingspan of 10 meters and maximum takeoff weight of 750 kilograms. The Chirok can lift...

Subsidized Russian Far East routes fly more than 300K pax

Russian airlines have carried 306,000 passengers since spring on routes between the Russian Far East and other parts of the country under a government subsidy program, according to Russian figures released this week. The current subsidy program runs from April 1 through Oct. 31 and applies to destinations in the extreme eastern parts of Russia, between Eastern Siberia and the Pacific Ocean. Ele...