Hong Kong Aviation Capital (HKAC) announces the completion of a new $725 million secured limited-recourse warehouse facility. The facility provides HKAC significant flexibility with 100% blind capacity to finance its future aircraft deliveries or refinance existing aircraft. The facility was oversubscribed and is priced competitively at a margin of 2.00%. The facility was structured b...
SkyWest, Inc. (NASDAQ: SKYW) announced today the selection of Terry Vais as Chief Operating Officer of ExpressJet Airlines, Inc., effective Sept. 9, 2015. He will succeed Alex Marren, who has accepted a promotion as Executive Vice President at Hertz Corporation. As Chief Operating Officer, Vais will oversee ExpressJet’s operations and activities, including Flight Operations, In-Fli...
Air Astana, Kazakhstan’s Skytrax award winning flag carrier will re-launch services between Astana and Dubai on 25th October 2015 . The non-stop flight will be operated four times a week on Mondays, Tuesdays, Fridays and Sundays using an Airbus A320. The service to Dubai offers greater convenience to passengers located in the capital, Astana, as well as from cities including Kostanay, Pavlod...
July load factor 81%, compared to 78% in July 2014 § Kerry Dublin route up 24% for July, representing 17th consecutive month of growth § Donegal Dublin route up 7% for July, representing 6th consecutive month of growth Aer Lingus Regional, operated by Stobart Air, has recorded an 81% passenger load factor for the month of July, according to figures released today. This is up f...
Azul activated its AIRCOM® FlightTracker system earlier this month, making the Brazilian low-cost carrier the first airline in the Americas to use this SITA OnAir system. Azul can now track flights in real time on all of its routes. Since it launched in 2008, Azul has used SITA OnAir AIRCOM® technology, which made adding FlightTracker a simple software upgr...
American’s Philly-Tel Aviv flights faced competition from El Al and United from JFK. — Dennis Schaal American Airlines Inc. plans to halt flights between the U.S. and Israel early next year after determining the route was losing money. The service between Philadelphia and Tel Aviv was a legacy of US Airways Group Inc., which combined with American in December 2013 to form the...
Dubai World Central, the 145 square kilometre master-planned city with Al Maktoum International at its core, has been rebranded 'Dubai South'. Revealing the name change, Sheikh Ahmed Bin Saeed Al Maktoum, Chairman, Dubai Aviation City Corporation, said: “The name is iconic, and will become instantly recognizable for years to come. Dubai South is the emirate’s flagship urban...
Gulf Aviation Academy (GAA) has signed an MOU with International Aero Engine Association (IAEA), USA, to offer Aircraft Life Cycle Management for Investor Programme and Aircraft Engine MRO Engineering and Management Programme at its training facility in Bahrain. The courses are focused towards Banks, Airlines, Aircraft Leasing and Maintenance Organizations. Dr. Hooman Rezaei, president o...
umbling share prices. A sell-off in commodity markets. Capital flight from some of the world’s riskier countries. Hints of a looming currency war.Financial markets ended last week in panic mode as fears emerged that the world was about to enter the next phase of the crisis that began eight years ago in August 2007. Back then, the problems began in the developed world – in Ameri...
Political paralysis in the eurozone will force the bloc into permanent turmoil unless countries stop “muddling through” the crisis and take responsibility for reforms, the architect of Europe’s tough budget rules has warned. Olli Rehn, who served as the European Commission’s top economic official at the height of the eurozone crisis, said political rifts between countrie...
Boeing Co (BA.N) remains on track to meet production targets it has set for its 737 MAX jetliner, a company spokesman said on Friday following a report on industry concerns that slow output at supplier GKN PLC (GKN.L) could cause delays. The Chicago-based aircraft maker expects to roll out the first 737 MAX before the end of 2015, fly it in early 2016 and deliver it to customers on time beginni...
Two light planes collided in flight at an air show in Dittingen, Switzerland, on Sunday, killing one of the pilots, police said. The aircraft, in a German flying group of three planes, crashed at around 0515 ET, Basel-Landschaft police said in a statement. One of the pilots, a 50-year-old man, was killed while the other escaped unharmed by parachute. The third aircraft was able to land safel...
Global mobile satellite communications services provider Inmarsat confirmed the third satellite in its Global Xpress program—Inmarsat-5 F3—will launch Aug. 28. It is scheduled to be deployed at the Baikonur Cosmodrome in Kazakhstan at 12:44 p.m. (BST). The third Global Xpress satellite to be launched, I-5 F3, will cover the Pacific Ocean region and will, together with...
The Aviation Corp. of China (AVIC) has received 185 orders for the Chinese regional turboprop MA700 from 11 customers. According to AVIC VP Geng Ruguang, the MA700 will be off the final assembly line and will launch its inaugural flight in 2017. It is scheduled to get an airworthiness certificate and be delivered to its first customer in 2019. The MA700 is the stretched version of the...
Japanese regional carrier Amakusa Airlines has taken delivery of its first ATR 42-600, making it the first ATR operator in Japan. ATR has opened a representative office in Tokyo as it seeks to expand its foothold in the Japanese market. “We are delighted to enter such a major market, one of the few Asian countries where ATR had not flown before,” ATR CEO Patrick de Castelbajac said...
More than three decades of Boeing 737 service at British Airways (BA) is due to come to an end in the next few weeks as the carrier retires its last examples of the twinjet. BA has just three 737 Classics remaining in service, the last survivors of what was, at its height, a 39-strong fleet serving domestic and European destinations. The UK carrier took delivery from Boeing of its...
FAA has released a list of all reports by pilots, air traffic and the public of possible encounters with unmanned aerial vehicles (UAV) that were submitted between Nov., 2014 and August 20. The list, posted on the FAA site Aug. 21, follows a statement released by the agency in mid-August stating that the number of reports by commercial pilots of drones flying close to their aircraft h...
The World Heritage Air Museum (WHAM) announced the opening its new headquarters and flight operations base at a renovated hanger at Oakland County International Airport (OCIA). The hanger will be home to several rare vintage jets from around the world where visitors can get an up close view and learn more about the aircraft and the roles they played in history. Accordi...
With millions of lights spread around three terminals and two parking garages, changing burned-out bulbs at Miami International Airport is no easy task. So, sometimes when lights go -- especially on fixtures 90 feet high -- they stay out for a while, leaving some areas dim. But a new energy-saving, environmentally friendly overhaul of the massive airport will replace 64,000 fixtures with mor...
The world's first ever fully solar-powered airport has been launched in the southern Indian state of Kerala. The Indian government has already directed other airports around the country to start incorporating solar energy into their daily operations. Al Jazeera's Divya Gopalan reports from Kochi. https://www.youtube.com/watch?v=YILtyIkeANg
Swiss Aviation Training (SAT) has converted the first Airbus full-flight simulator (FFS) to the latest version of theBoeing 777-300ER. The EASA-certified FFS has been put into training operations for Swiss International Air Lines (SWISS). The new device was converted from an existing Airbus A330/340 simulator and is located in SAT’s Kloten training facilities, near Zurich Airport. It...
