Fort Lauderdale, Fla.-based Gulfstream International Airlines has rebranded under the new name of Silver Airways. Gulfstream was founded in May when Victory Park Capital, a Chicago-based investment firm, acquired assets from the former Gulfstream International Airlines, which filed for bankruptcy in November 2010 ( ATW Daily News, Nov. 8, 2010).
Computer rendering of A320neo in JetBlue livery. Courtesy, Airbus JetBlue Airways has selected Pratt & Whitney engines to power its recently ordered fleet of Airbus A320neo aircraft, becoming the first US customer for PurePower engines ( ATW Daily News, Oct. 28).
Global airline safety performance has improved in all regions this year, except Russia and the Commonwealth of Independent States (CIS) countries, according to IATA.
FedEx revealed Thursday it has placed a firm order for 27 Boeing 767-300 freighters valued at $4.74 billion at list prices, but also has deferred delivery of 11 777Fs.
FedEx revealed Thursday it has placed a firm order for 27 Boeing 767-300 freighters valued at $4.74 billion at list prices, but also has deferred delivery of 11 777Fs.
JetBlue Airways has selected Pratt & Whitney engines to power its recently ordered fleet of Airbus A320neo aircraft, becoming the first US customer for PurePower engines.
The Boeing 747-8 Intercontinental, the latest passenger version of the popular widebody, won FAA certification Wednesday; the first of the type is slated for delivery to Lufthansa (LH) early next year ( ATW Daily News, Dec. 6).
BOC Aviation entered into a sale and leaseback transaction for four new Embraer 195s, the lessor's first such transaction involving Embraer aircraft. The aircraft are on long-term lease to Brazil's Azul. Two have been delivered and two are scheduled for delivery by the 2012 second quarter.
Air New Zealand (NZ) has signed memoranda of understanding (MOUs) with Australia-based Licella Pty Ltd to examine developing and marketing a process to convert woody biomass into sustainable aviation biofuel in New Zealand. Licella has developed a process that uses a Catalytic Hydro Thermal Reactor (Cat-HTR), which converts woody materials and other biomass into a high-quality, bio-crude oil in a one-step process.
Japan Airlines 787-8. Courtesy, Boeing The first Japan Airlines (JAL) Boeing 787-8 Dreamliner rolled out of Boeing’s paint hangar in Everett, Wash., Tuesday night. The aircraft will be used for JAL’s new Tokyo Narita-Boston route and will be delivered early next year. According to Boeing, the airplane's livery features the iconic new brand mark on its tail.
Russia and Ukraine will remove restrictions for the number of carriers and number of flights on the Moscow (DME)-Odessa (ODS) route, effective with the 2012 summer schedule. Currently, only two designated carriers—Transaero (UN) and AeroSvit (VV) are allowed to fly between these cities. Aeroflot (SU) is a VV marketing partner on this route.
Star Alliance has appointed former United Airlines (UA) SVP Mark Schwab to head the alliance’s central organization, based in Frankfurt. He succeeds Jaan Albrecht, who was appointed as CEO of Austrian Airlines Nov. 1 ( ATW Daily News, Sept. 1).
News from Travel Technology Update: Travelport executives have been saying for some time that the GDS model is evolving: Agency incentives will still be a part of it, but the technology that Travelport provides will become more important to agencies’ success.
Taiwan-based China Airlines (CI) plans to replace its 13 Boeing 747-400s from 2015/16 and will decide by 2013 which aircraft to order. It is considering the 747-8, Airbus A380, 777-300ER and the A350-1000.
Hainan Airlines Investment Holding Co., a wholly owned subsidiary of Hainan Airlines (HU), has purchased a 19.02% stake in Hong Kong Airlines (HX) for CNY842 million ($132.4 million) in a move to strengthen the carrier’s financial position.
US civil aircraft sales will total $49.68 billion in 2011, up 3.1% year-over-year, and rise another 4.1% in 2012 to $51.71 billion, the US Aerospace Industries Assn. (AIA) said Wednesday in releasing its annual forecast.