The ICON A5 bills itself as a plane for anyone and everyone: perfect for weekend camping trips, impressing a date, or just flying around New York City. The experimental personal aviation market is not new: There's the miniscule Flynano, the Terrafugia flying car and the eco-friendly Synergy. But the ICON A5 is unique in that its main selling point is its safety. Instead of relying on &ld...
PJSC Aeroflot announces that it will make full payment to investors of the fifth coupon on its series BO-3 exchange-traded bonds. Payment for the fifth coupon period was made by PJSC Aeroflot in October 2015, when the Company transferred funds to cover in full its obligations under the coupon. However, due to the withdrawal of the banking licence of OJSC JSCB ...
Crew of Florida-owned cargo plane arrested and millions of rand destined for South Africa’s Reserve Bank impounded after Harare airport staff follow blood trails and find a body. A cargo plane carrying millions of South African rand has been grounded atZimbabwe’s international airport after ground staff spotted blood dripping from it and discovered a man’s body. The plane,...
Space tourism projects leaped off the drawing board when a $10 million prize was offered as an incentive for private development of manned rockets, but it took years to make a winner. Many more years have passed since, but the only space tourists have been a few wealthy people who paid millions of dollars for trips aboard Russian rockets to the International Space Station. Things to know about spa...
This week’s Singapore Airshow is shining a spotlight on Airbus’ important commercial presence in the Asia-Pacific region – which is the fastest-growing market globally for new civil aircraft, as well as a key customer base for the company’s product line of modern widebody and single-aisle jetliners. Airbus entered this market in 1974 with a milestone A300B order from Kor...
Oman Air has set a record by paying US$75mn for a pair of slots (take-off and landing) at Heathrow Airport. The deal could very well mean double daily flights to London, something which the airline had been planning for some time now. The national carrier is understood to have bought the pair (including a highly prized early morning arrival) from Air France-KLM, reported The Sunday Time...
Dassault Aviation will present the top of the line Falcon 7X trijet and the Falcon 2000LXS twin at the Singapore Airshow, the largest aerospace and defence exhibition in the Asia Pacific region. The six day event, which opens on February 16th, will take place at Singapore’s Changi Airport and will coincide with Dassault Aviation’s 100th anniversary. In addition to the Falco...
“Project Jersey”, named after the Channel Island, is a curious title for an internal initiative – particularly one at a French manufacturer – but on closer inspection, there is sense behind it. For Turbomeca, the Bordes-based helicopter engine specialist, it signifies the process of absorbing the 50% of the RTM322 turboshaft project previously owned by UK firm Rolls-Royc...
Singapore Airlines (SIA) has signed a ‘Flight Hour Services - Tailored Support Package’ (FHSTSP) contract with Airbus to integrate and provide full component support, line and base airframe maintenance, as well as fleet technical management services for SIA’s 19 A380s. Under this 10-year agreement with Airbus, Singapore Airlines will benefit from the experience and expertise offe...
TAG Aviation has added a second Gulfstream G200 (HB-IUV) to its Geneva based charter fleet. “We are delighted to have this Geneva-based second Gulfstream G200 join our charter fleet. The aircraft is immediately available and can be fully dedicated to charter without the need for the owner’s prior release.” said Andrew Hodgson, director of charter Europe, TAG Aviation, “I...
iPad users are about to get their own specially designed version of British Airways’ travel app. Available to download from the Apple App Store, the iPad app includes exclusive features, such as a new 3D globe to discover British Airways’ destinations and prices and a way for customers to create their own viewing plan for their flight’s movies, TV shows and music. It’...
Southeast Asia will need 3,750 new aircraft worth USD$550 billion in 20 years from 2015, a senior Boeing executive told a press conference ahead of the Singapore Airshow. Of this number, 76 percent will be for single-aisle aircraft such as the Boeing 737 and Airbus A320, said Dinesh Keskar, senior vice-president for Asia Pacific and India sales at Boeing. This will be largely driven by low-c...
An infrastructure vehicle backed by Asia's richest man is among five short-listed bidders expected to make offers for London City Airport this week. Asia’s richest man is among five suitors that are this week expected to make final bids for London City Airport to clinch a deal that could value the business at about £2bn. Cheung Kong Infrastructure Holdings (CKI), the firm controlled by Hong...
When it comes to commercial airplane production, two companies essentially have the industry on lock: American-made Boeing and European-produced Airbus. Boeing’s 737, 777 and 787 models — as well as Airbus’ A320, A330 and A350 models — dominate airports across the world. Now, a Russian company is seeking to squeeze one of its planes right into the middle of the ma...
Carriers which had passed the IATA operational safety audit were involved in five hull-loss accidents last year, but the accident rate for these operators was nevertheless three times better than for those outside of the scheme. The accident rate was 1.14 per million flights for IOSA-registered airlines compared with 3.23 for non-IOSA operators. IATA says that, over the five-year span from 2...
Despite challenges in the Chinese economy, Asia-Pacific will account for 12 percent of worldwide business aircraft deliveries through 2024 with South East Asia helping bolster the market, according to the Jetcraft brokerage group. In its recent 10-year Market Outlook, Jetcraft (Stand U63) predicted a global market for 8,755 business aircraft valued at $271.1 billion through 2024. Nort...
Sky Valet has opened a new FBO in Malaga, Spain. Sky Valet launched in 2015. It offers ground handling services to passengers, crew members and aircraft at Madrid, Barcelona, Girona, Valencia, La Coruña, Santiago de Compostela, Palma de Mallorca and Ibiza airports. These FBOs are all coordinated from an operations centre in Madrid. Sky Valet is committed to the IS-BAH standa...
Boeing Shanghai Aviation Services recently signed a heavy maintenance agreement with Thomas Cook Airlines for supporting the UK carrier’s Boeing 767 fleet. Two Thomas Cook 767s have already gone to Boeing Shanghai’s facilities at Pudong International Airport to undergo extensive C-checks and another aircraft is due to arrive in the next few weeks. The maintenance prov...
Bombardier Commercial Aircraft announced today that its all-new, recently-certified CS100 aircraft in the livery of first operator SWISS has kicked off demonstration tours and that its first stop will be Manama, in the Kingdom of Bahrain. In addition to stops in the Middle East, the aircraft – which is en route to the Singapore Airshow 2016 - is expected to make stops in a number of Asia-Pac...
The Airports Authority of India (AAI) is looking at an incentive-based scheme to attract commercial airlines and general aviation companies to adopt India’s “GPS Aided GEO Augmented Navigation” (Gagan)–which is equivalent to Europe’s EGNOS and the U.S. WAAS system, but for the Indian subcontinent. As such, Gagan will be the firs...
Malaysia Airlines Berhad (MAB), the flag carrier airline of Malaysia and a member of the Oneworld airline alliance, will no longer cut its network capacity in 2016. Malaysia Airlines will now focus on expanding its network to emerging markets in the region instead, as the carrier sets its eyes on being profitable by 2018. Christoph Mueller, newly appointed chief executive of Malays...
