Saturday, April 26, 2014
AviTrader Daily Aviation News Alert
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February 20, 2015 · 556 Views
Offended by such claims, the Gulf carriers retaliated by questioning whether or not US airlines had received government subsidies totaling US$5bn in the wake of 9/11. Unfortunately Delta’s Anderson, responding to this claim on CNN, said: “It’s a great irony to have the United Arab Emirates from the Arabian Peninsula talk about that, given the fact that our industry was really shocked by the terrorism of 9/11, which came from terrorists from the Arabian Peninsula.” While the UAE and Qatar, two of the States’ allies who have offered either military or logistical support for international operations were particularly upset by these comments, Delta simply made it clear that Anderson had been responding to claims regarding post 9/11 subsidies. “He didn’t mean to suggest the Gulf carriers or their governments are linked to the 9/11 terrorists. We apologize if anyone was offended.”
Unfortunately the largest of the three main Gulf carriers did not see this as acceptable. “We believe that the statements made this week by Mr. Anderson were deliberately crafted and delivered for specific effect,” it confirmed in a statement. However US airlines continue to complain that they have lost significant numbers of bookings since 2008 as a result of Gulf competition and cited documents they indicate demonstrate aid which has allowed their competitors to offer cheap fares. In retaliation, Gulf officials say that most US carriers do not fly the same routes and are losing business only because they offer an inferior service.
This is not a dissimilar situation to the one between Gulf airlines and European carriers, including Lufthansa, and coincidentally has come at the same time as US airlines are trying to have US Exlm Bank closed down. They believe Gulf carriers are benefitting to a greater degree from the export credit agency. The tit-for-tat dialog continues with Western airlines showing concern for the safety of thousands of service industry jobs, a complaint to which Gulf carriers have responded by making it very clear they support at least as many jobs in the aerospace sector with their huge orders for aircraft.
February 20, 2015 · 655 Views
December 2, 2014 · 197 Views
Nearly two years later and the results of the investigation into the first incident have concluded that the lithium-ion battery installed in the plane should not have received certification by the FAA. The National Transport Safety Board (NTSB) were also critical of Boeing who they believed had erroneously ruled out the chances of thermal runaway in its assessment of the battery’s safety. Boeing’s battery tests to obtain original certification included crushing battery cells, driving nails through them and deliberately introducing short circuits to cause failure. Boeing found “nothing adverse happened” while these tests were carried out, and so deemed the battery’s box and internal protection to be of an acceptable standard. Boeing stated that it had followed the certification process set out by the FAA. It would seem that while the cause of the fire has been clearly identified, responsibility for its occurrence has not been accepted in full by anyone.
November 5, 2014 · 164 Views
Back in February John Rishton, Rolls-Royce group’s Chief Executive, had admitted that the future was “bumpier than I had expected”, while blaming the current problems on deteriorating economic conditions and a tit-for-tat trade war between the EU and Russia over the Ukrainian crisis which had affected its nuclear and energy business as well as its power-systems unit. This week Rishton has had to admit that “We are taking determined management action and accelerating our progress on cost. The measures announced today will not be the last; however they will contribute towards Rolls-Royce becoming a stronger and more profitable company.”
Another consequence of the situation is the unexpected departure of Finance Director, Mark Morris, leaving the company after 27 year without any explanation. He will be replaced by David Smith, who is being promoted from Finance Director of the Rolls-Royce Aerospace division. This second profit warning saw share value fall 11% to 832p, wiping a further £2bn off the company’s value. However, news of the redundancies was well received by investors and the share price rallied by 2%, currently standing at 832p. This is clear confirmation of comments made by Espirito Santo’s analyst, Ed Stacey, who indicated that investors would be expecting a clear message from the new Finance Director and tight control on all finances.
March 25, 2014 · 113 Views
March 7, 2014 · 80 Views
February 26, 2014 · 80 Views
January 29, 2014 · 76 Views
January 9, 2014 · 67 Views
July 5, 2013 · 66 Views
June 26, 2013 · 42 Views
May 22, 2013 · 55 Views
April 25, 2014 · 56546 Views
Mxi Technologies, a leader in aviation maintenance management software, reported that China Airlines has successfully gone live with a full-fleet upgrade to the Maintenix version 8 (v8) stream. Deployed across a maintenance and engineering network of more than 1600 users, Maintenix v8 offers China Airlines a scalable platform that will facilitate organizational expansion, business process efficiencies, and the seamless adoption of new features and usability enhancements.
April 25, 2014 · 542 Views
The African Business Aviation Association (AfBAA) announced a Memo of Understanding with the Commercial Aviation Association of South Africa (CAASA). The purpose of the agreement is to ensure that both parties provide continued support to each others’ ongoing promotion of Business Aviation as an efficient and safe mode of transport across the continent of Africa. The announcement of the agreement took place during day one of the inaugural AfBAA Expo event, Africa’s first dedicated business aviation exhibition, taking place at the Marrakech FRA Airport, 23 – 26 April 2014. This is the first time AfBAA has formed an alliance with a commercial aviation association and exemplifies its commitment to its original primary objective of promoting the understanding and benefits that Business Aviation provides for the continent’s economic development and prosperity. The unique agreement will enable both parties to maximise the opportunities presented by jointly advocating for, raising awareness of, and supporting the aviation sector, through collaboration on a variety of projects, events and ideas which will take advantage of the collective knowledge of their individual members.
April 24, 2014 · 44889 Views
AgustaWestland, a Finmeccanica company, and Heliconia Aero Solutions, the flagship Company of Heliconia Group in Morocco, announced the signing of a Distributorship Agreement for AgustaWestland helicopters models in Morocco. Both companies are also pleased to announce that Heliconia has placed a first order for two AW139 intermediate twin helicopters, plus a number of options, to perform offshore transport missions in Morocco. Pending delivery of the two helicopters, set for June/July this year, Heliconia has meanwhile started its offshore transportation missions with two AW139s leased from Agusta Westland since end February 2014.
April 24, 2014 · 25 Views
Bombardier Aerospace released that a customer in the Middle East and Africa region, who has requested to remain unidentified at this time, placed a firm order for two Q400 NextGen turboprop airliners. Based on the list price of the Q400 NextGen airliner, the order is valued at approximately US$62m.
April 24, 2014 · 52073 Views
Azul Brazilian Airlines became a new Rolls-Royce customer with the announcement that it is to operate 11 Trent-powered Airbus aircraft. The airline has also signed an agreement worth $400m for TotalCare engine service support. Azul, formed in 2008, will operate six Airbus A330-200 and five Airbus A350-900 XWB aircraft powered by Trent 700 and Trent XWB engines respectively. The Airbus A350 aircraft will be leased from ILFC.
April 24, 2014 · 21 Views
United Airlines reported a first-quarter 2014 net loss of $489m, excluding $120m of special items. Including special items, UAL reported a first-quarter 2014 net loss of $609m. For the first quarter of 2014, total revenue was $8.7bn, a decrease of 0.3% year-over-year. First-quarter consolidated passenger revenue decreased 2.3% to $7.4bn, compared to the same period in 2013.
April 24, 2014 · 44 Views
For the first quarter 2014, American Airlines Group reported a record GAAP net profit of $480m. This compares to a net loss of $341m in the first quarter 2013. The company’s GAAP results for the first quarter 2013 reflect AMR Corporation prior to the merger. On a combined basis, total revenues in the first quarter were a record $10bn, up 5.6% versus the first quarter 2013 on a 2.0% increase in total available seat miles (ASMs). Driven by a record yield of 17.03 cents, up 3.2% year-over-year, combined consolidated passenger revenue per ASM (PRASM) was also a record for the first quarter at 13.67 cents, up 2.9% versus the first quarter 2013. “We are very pleased to report a record profit in our first full quarter as a merged company,” said Doug Parker, CEO of American Airlines Group. “Our team of dedicated professionals did an excellent job of taking care of our customers despite particularly difficult weather conditions throughout the quarter. We are excited for the future and expect our synergies to build as we continue to integrate our operations.”
April 24, 2014 · 47047 Views
Southwest Airlines reported its first quarter 2014 results with first quarter net income, excluding special items, of $126m, compared to first quarter 2013 net income, excluding special items, of $53m. First quarter net income of $152m, which included $26m (net) of favorable special items, compared to net income of $59m, in first quarter 2013, which included $6m of favorable special items. First quarter operating income of $215m; $242m excluding special items. The Company’s first quarter 2014 total operating revenues increased 2.0%, year-over-year, to $4.2bn, despite an estimated $45m reduction to revenues from weather-related cancellations. Operating unit revenues increased 3.1%, on a 1.1% decrease in available seat miles and a 2.6% increase in average seats per trip, all as compared to first quarter 2013.
April 24, 2014 · 32 Views
(Bangor, Maine) C&L Aerospace, through a partnership with Barry Controls, has expanded its distributorship of vibration isolation engine mounts to include two new airframes, the Beech 1900C /D and the Twin Otter Dash 6. C&L has been an authorized distributor and stockist for a range of Barry Controls parts for the Saab 340 aircraft since 2009. C&L will stock Barry Controls products at its three global facilities in Europe, Australia and the United States. Exchange and sale programs are available for time expired parts.
April 24, 2014 · 486 Views
Sikorsky Aircraft reported that Yunnan Jingcheng Group accepted delivery of the first S-76D aircraft that will operate in China. The aircraft is configured for transportation of corporate and government VIPs. Sikorsky recently announced at the 2014 Asian Business Aviation Conference & Exhibition that the Civil Aviation Administration of China (CAAC) had issued a validation type certificate for the S-76D aircraft, allowing Sikorsky to begin delivering the commercial helicopter to customers in China.
April 25, 2014 · 957 Views
Alenia Aermacchi, a Finmeccanica company, in partnership with ATK, announced that the demonstrator of a fully configured MC-27J multi-mission tactical transport aircraft completed its first flight from the company’s Turin Test Flight Centre. The demonstrator aircraft was modified with an L-3 Wescam MX-15Di Electro-Optical and Infrared Turret that was mounted under the nose of the aircraft and is optimized for ISR (Intelligence, Surveillance and Reconnaissance) and SAR missions (Search and Rescue); and with Link-16 datalink software and hardware provisions that will prepare the aircraft for the ATK palletized mission system installation. Provisions for upgraded Selex ES communication system with crypto capability have been also set up. The installation of both the ATK developed modular roll-on/roll-off mission and weapon system, and a modified side door for the GAU-23 30 mm cannon installation will be completed in May. In June 2014, a new series of flight tests, including firing the side-mounted cannon, will be completed.
April 25, 2014 · 536 Views
GE Capital Aviation Services delivered a new leased Boeing 737-800 aircraft to Transavia France to expand the carrier’s fleet.
The aircraft is the second of three aircraft GECAS is leasing to transavia.com for delivery in 2014. The third aircraft is scheduled for delivery in May. Low-cost carrier Transavia France operates an all- Boeing 737-800 fleet to more than 30 destinations.
April 25, 2014 · 1006 Views
Alaska Air Group reported record first quarter net income, excluding special items, of $89m compared to adjusted net income of $44 million in the prior-year quarter. Recorded net income for the first quarter under Generally Accepted Accounting Principles (GAAP) of $94m, compared to net income of $37m in 2013. Reported record adjusted pretax margin for the first quarter of 11.8%.