Over the last 10 years, 37 airlines have been started in Africa and 37 have failed. This was the startling statistic given by FastJet CCO Richard Bodin, speaking at World Route Development Forum in Abu Dhabi.
Although the journey began eight years earlier, in April 2004 when All Nippon Airways (ANA) became launch customer for 50 aircraft, the Boeing 787 Dreamliner’s true starting-block moment came on Oct. 26, 2011. When flight NH 7871 took off from Tokyo Narita bound for Hong Kong, the 787’s entry into commercial service began.
A J Walter Aviation’s (AJW) recent acquisition of the component maintenance business of bankrupt Montreal-based Aveos Fleet Performance is a two-part story. One half tells how an opportunistic London-based company continues to strengthen its aircraft services empire worldwide with this purchase. The other half of the tale reveals how component maintenance is growing faster than airframe and engine maintenance and how AJW is capitalizing on the trend.
The airline business remains a risky one in the second decade of the 21st Century. Aircraft maintenance reflects the traffic and financial risks of the industry it supports, with added risks distinctive to the aftermarket.
When the US Transportation Security Administration (TSA) was created in November 2001 in the wake of the 9/11 terrorist attacks, few would have predicted the extent to which the new agency would grow. By the end of January 2002, TSA—which started life as a Dept. of Transportation agency, but moved to the newly created Dept. of Homeland Security in early 2003—comprised 13 employees. Today the agency employs approximately 120 federal security directors (FSD), 37,000 full-time and 14,000 part-time security officers. It screens approximately 1.7 million passengers daily at over 450 US airports.
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Boeing’s proposed fix for the 787 is a permanent solution that will ensure the aircraft’s safe and reliable operation, Boeing Commercial Airplanes VP-marketing Randy Tinseth said Monday.
It is no surprise that the final investigation report into the crash of Air France flight 447, an Airbus A330, on June 1, 2009, concluded there were two essential elements: first, the icing and subsequent blockage of the pitot tubes and second, poor pilot management of the situation that took the aircraft out of its flight envelope.
When Ian Woodley walked into the offices of BMI Regional as its new CEO earlier this year, a 16-year episode of his life came full circle. Woodley sold the Scotland-based airline he had co-founded, then known as Business Air, to the airline group of which British Midland—BMI—was a major part in 1996.
Faced with a fourth consecutive year of a deficit of over $1 trillion and a debt-ceiling crisis, President Barack Obama signed into law the US Budget Control Act in August 2011. But as one crisis was averted, another was about to be created for the US transportation system.
Maintenance strategies are changing. How much they will change and for how long are two big questions. Another is who will get the business: airframe OEMs; global MRO shops; or mixes and partnerships of both.
Few airline markets today are more challenging than Europe. Much of the continent is mired in an economic recession, carriers’ profit margins are wafer-thin and the market shares of some of the region’s largest players are increasingly being eroded by Gulf region competitors.
The airline industry’s booming growth in emerging market regions combined with a safety record that far outshines any other transportation mode poses new challenges for those in the training and safety business.
In the worst-ever performance of any regional market in July, India’s domestic air traffic fell 1.1% compared to a year ago, according to IATA’s monthly traffic report. The figures are in sharp contrast to 2010 and early 2011, when the region was among the fastest growing in the world and enjoyed 20%-plus growth rates.
FL Technics was selected by Seal Dynamics to serve as its sales and marketing representative in Russia, the CIS and CEE for its components and consumables. Ducommun Inc. won FAA repair station certification for commercial aerospace aftermarket support in Phoenix.
The UK Competition Commission (UKCC) said Monday it would deliver its interim findings on Ryanair’s almost-30% shareholding in Aer Lingus “sometime in May.”
Iberia’s parent company, International Airlines Group (IAG), has accepted a Spanish government-appointed mediator’s compromise proposal to end the bitter industrial strife resulting from major restructuring at the loss-making Spanish flag-carrier.
