Global Jet Capital, a provider of financing solutions for large-cabin, long-range business jets, expects demand for business aviation in India to increase as a result of the country’s strong economic growth. Simon Davies, Vice President, Sales – India at Global Jet Capital is currently in India meeting prospective clients who are looking for finance to support potential acquis...
In January, Airbus and Iran Air agreed to a landmark deal for 118 aircraft with a total value rising to as much as $25 billion. One of the most significant parts of the deal is an agreement for 12 A380 superjumbos worth upwards of $5.2 billion at list prices. However, this portion of the deal may be in jeopardy according to Tim Hepher of Reuters. Sources within Iran told the publication t...
Green light from EASA: Supplemental Type Certificate issued In October of this year, the first Lufthansa short- and medium-haul aircraft will take off with broadband internet on board. Lufthansa’s entire A320 family fleet is expected to have the innovative technology installed by mid-2018. One key milestone has already been reached: Lufthansa Technik is the first MRO company in Europe to...
Global technology leader Lockheed Martin announced the signing of a Memorandum of Understanding with the UAE Space Agency to launch a comprehensive dual-track space training program for students and early career professionals in space fundamentals. In line with the UAE’s national vision, the program was developed as part of Lockheed Martin’s growing collaboration with the...
Qatar Airways announces that it will be showcasing two luxurious aircraft from its Qatar Executive fleet at the Farnborough International Airshow in the United Kingdom, which takes place this year from 11 to 17 July. Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said, “Qatar Airways is delighted to be participating once again in this year’s Farnborough Inte...
West Africa, particularly Nigeria, are emerging as business aviation growth markets as the region continues to develop industries based on its natural resources, according to the Middle East's only African-owned aviation company. Promise Uzoamaka, Chairman of Sharjah-headquartered Amaka, which focusses on sales, acquisitions and business aviation consulting, says he envisions higher d...
Aeroflot held its Annual General Meeting of shareholders (AGM). Aeroflot shareholders elected the new composition of the Board of Directors and adopted decisions on the other agenda items. The AGM approved a motion not to declare and not to pay a dividend on ordinary shares of PJSCAeroflot for the 2015 financial year. The resolution followed the recommendation of Aeroflot’s...
Boeing will celebrate its 100th anniversary at the Farnborough International Airshow, displaying advanced commercial and defense platforms, and presenting a unique exhibit to commemorate its first century and look ahead to the future. The first jetliner of Boeing’s second century—the 737 MAX—will make its air show debut with flying displays from July 11-14. Boeing ex...
Waypoint Leasing has placed two new Sikorsky S-92s on lease with a global helicopter operator. “Despite a period of weak demand for oil and gas globally, and a recent shift in the market for heavy aircraft, we are receiving numerous inquiries.” Clark McGinn, Waypoint’s senior vice president of Sales & Relationship Management said: “Despite a period of weak demand...
Daher has delivered a TBM 930 to the corporate flight department of an Italian-based industrial group this month, the fourth TBM family aircraft this customer has acquired. The operator’s first purchase of a TBM family aircraft was a TBM 700A 17 years ago, followed by a TBM 700B variant in 2003 and a TBM 850 in 2006, leading up to the all-new TBM 930 version. The TBM 930 is the latest memb...
Dassault Aviation’s new flagship, the 6,450 nm Falcon 8X, has been certified by the European Aviation Safety Agency (EASA), preparing the way for service introduction of the big new trijet. Receipt of the approval is right in line with the established program schedule. FAA certification is expected in the coming weeks, with entry into service in the early fourth quarter. “We&rsqu...
St. Petersburg Business Aviation Center "Pulkovo-3" (operated by "JetPort SPb") gave statistics for St. Petersburg International Economic Forum 2016 - 272 aircraft and 1,473 passengers. 15 June 2016. 101 aircraft served on arrival and 39 on departure 16 June 2016. 72 aircraft served on arrival of 51 on departure 17 June 2016. 49 aircraft served on arrival and 76 on dep...
The European GNSS Agency (GSA) co-sponsored “E-GEN” project to enable fleet-wide adoption of EGNOS satellite guided approaches within airBaltic network. Latvian airline airBaltic has launched a new initiative “E-GEN” to further improve its green flying, as it sets out to reduce emissions and cost. Pauls Cālītis, Senior Vice President Flight Operations of airBaltic: &l...
Shares in the big three U.S. airlines fell sharply Friday, as investors worried that the impact of Brexit would be damaging to international airlines that serve Great Britain. However, the CEO of Lufthansa Group has told employees that the impact of Brexit will be limited, according to the Twitter TWTR -3.52% site @LufthansaFlyer, which follows the company. Lufthansa Group owns Lufthansa, SWISS...
A plane carrying 241 people has caught fire as it made an emergency landing at Singapore’s Changi Airport. Passenger on Singapore Airlines Flight SQ368 from Changi Airport to Milan said they clapped as the jet made what appeared to be a smooth emergency landing. But seconds later, the right engine and wing were ablaze, with flames engulfing the right side of the jet. No one was in...
Italy’s National Agency for Flight Safety (ANSV) has released an interim report into the October 30 2015 fatal crash of Leonardo Helicopters’ AW609 which has identified the tiltrotor prototype was carrying out a diving manoeuvre as part of flight testing required for certification when the accident occurred. Released on June 23, the interim report showed the tiltrotor, N604AG, the s...
Safran Helicopter Engines (née Turbomeca) has designed a new kind of combustor for the Arrano turboshaft, thus allowing for better operability and a simpler arrangement, the engine manufacturer announced in May. Keeping the flow swirling is key, head of combustion department Claude Bérat told AIN. The 1,100- to 1,300-shp Arrano powers the in-development Airbus Helicopters H...
Volga-Dnepr Gulf (VD Gulf) based in Sharjah, UAE, has recently signed agreement for nose-to-tail inputs of Air Atlanta’s Boeing 747-400s for Base Maintenance checks including AD/SB & out of phase works. The first aircraft is due to arrive at VD Gulf’s Sharjah Hangar facility on 26th June 2016, for a twenty six day layover while subsequent aircraft will follow this first inp...
The government plans to impose a levy of Rs 7,000-8,000 per domestic departure flight on all trunk routes to subsidise airfare on operations to unconnected cities, Minister for Civil Aviation Ashok Gajapathi Raju said. This levy is estimated to generate Rs 500 crore annually to be used to fund the Regional Connectivity Scheme (RCS), under which airlines will offer services at an all inclusive airf...
After a boom in orders as fuel prices skyrocketed a few years ago, demand for the twin-aisle aircraft that typically ply long-haul international routes has subsided recently. For Boeing and Airbus , many of these widebody models are key cash flow and profit drivers. Since the beginning of 2015, widebody aircraft orders haven't kept pace with deliveries. This has some ana...
The emergency slides have been activated on an American Airlines flight at Heathrow Terminal 3, reportedly due to smoke in the cabin. The nature of the emergency is not immediately clear. However, some images from the scene show smoke emerging from the back of the plane. Footage captured from a passenger on board a nearby plane shows people exiting the affected flight via its rear slide. No...
