Air Transport Aircraft & Propulsion
Apr 22, 2008
Pacific LifeCorp. subsidiary Aviation Capital Group placed an order yesterday for 17 additional 737NGs valued at more than $1 billion, Boeing announced. No delivery date was announced for the order, which previously was attributed by the manufacturer to an unidentified customer. The aircraft will be equipped with blended winglets and lift ACG's Boeing commitment to 76 737s and five 787s. Its portfolio currently contains 129 Boeing aircraft.
Apr 22, 2008
Midwest Airlines sold an MD-81 to Maple Leaf 119 of Florida. Meridian Aerospace Group served as exclusive agent for the seller.
Apr 22, 2008
Driven by strong domestic demand and yuan appreciation, China Southern Airlines increased its full-year earnings nearly tenfold in 2007, reporting a CNY1.871 billion ($267.1 million) profit compared to CNY188 million the previous year.
Apr 21, 2008
Newly elected Italian Prime Minister Silvio Berlusconi kept his promise and focused on Alitalia's future during his first week in office, inviting Aeroflot to negotiate a possible buy-in. However, the European Commission ended discussion of further state aid, saying the Italian government could not inject further funds until 2011. "The situation is open.
Apr 21, 2008
Russia's S7 Airlines reported an 80% jump in full-year profit to RUB109.7 million ($4.7 million) according to Russian accounting standards as 2007 revenue increased 25% to RUB31.12 billion. "Last year the airline demonstrated a stable increase in all the financial indicators," GD Vladislav Filev said, citing a 16% growth in passengers to 5.7 million as the primary driver. "In addition, the increase in the company's efficiency is directly associated with the renewal of the company's fleet, namely, the commissioning of 10 [A319s]."
Dec 31, 2014
AirAsia Group CEO and other management visited the military base in Pangkalan Bun, Indonesia, Dec. 31 to meet with those involved in the search and rescue operations for the victims of AirAsia Indonesia QZ8501 that crashed into the sea.
Dec 31, 2014
The four major commercial aircraft manufacturers are well on their way toward certification of their next-generation single-aisle commercial airliners. The Airbus A320neo, Boeing 737 MAX and Embraer E2 families are producing major makeovers and Bombardier is offering its all-new CSeries.
Dec 31, 2014
Swiss International Air Lines (SWISS) must become more “flexible, efficient and competitive,” CEO Harry Hohmeister told ATW on the sidelines of the Association of European Airlines (AEA) summit in Istanbul.
Dec 30, 2014
The Civil Aviation Administration of China (CAAC) has given a type certificate to the Commercial Aircraft Corporation of China (COMAC) ARJ21 regional jet, likely clearing the way for the long-delayed aircraft to enter service in 2015.
Dec 30, 2014
An unidentified customer has signed a firm order for 24 Bombardier CRJ900 NextGen aircraft, the Canadian manufacturer said.
Dec 30, 2014
North African startup Libyan Wings said it is close to beginning operations, but questions remain as to when it will be able to get off the ground.
Dec 30, 2014
Bodies of passengers and debris have been located in the Java Sea, close to the last reported position of AirAsia Indonesia Flight QZ8501 that disappeared Sunday, southwest of Kalimantan, Indonesian Borneo.
Dec 29, 2014
A second day of searching for the AirAsia Indonesia Airbus A320-200 that went missing over the Java Sea early Sunday has turned up no sign of the aircraft, authorities said Monday.