Author: Dominykas

3-Month Losses of Major Russian Airlines Reached $376 mln in Q1 2016

Reading Time: 2 minutes In the first quarter of 2016, the operating losses of major Russia airlines amounted to RUB 24 billion ($376 million), the Kommersant reported referring to the Association of Air Transport Operators (AATO). AATO President Vladimir Tasun informed the paper that the biggest air carriers of Russia posted losses amounting to RUB 25.6 billion in the […]

Airbus Beats Boeing on Orders at Farnborough

Reading Time: 2 minutes Airbus beat Boeing to end the Farnborough Airshow with 279 orders and commitments worth USD$35 billion at list prices, but orders from both plane makers fell compared with the sister show in Paris last year. Airbus, which had been behind Boeing leading up to the show, reported firm new deals for 197 aircraft worth $26.8 […]

Honda Aircraft Company Receives FAA Production Certificate

Reading Time: < 1 minute Honda Aircraft Company announced that it has earned a Production Certificate from the United States Federal Aviation Administration (FAA). Honda Aircraft Company is building the HA-420 HondaJet, an advanced light jet, at its world headquarters in Greensboro, North Carolina. Melvin Johnson, FAA Small Aircraft Directorate Manager for the Central Region, presented the Production Certificate to […]

IATA Signs MoU with the African Union Commission

Reading Time: 2 minutes The International Air Transport Association (IATA) and The African Union Commission (AU) signed a memorandum of understanding (MoU) to expand strategic cooperation to further the continent’s economic and social development with the benefits of safe, efficient and sustainable air transport in Africa. The MoU was signed by Tony Tyler, IATA’s Director General and CEO and […]

SportJet By Sukhoi Is Unveiled

Reading Time: < 1 minute At Farnborough International Airshow 2016, Sukhoi Civil Aircraft introduce the concept of a new aircraft designed to fly professional sports teams, SportJet by Sukhoi. The airliner is scheduled for release and certification in 2018. SportJet by Sukhoi will be the third product in the range of Sukhoi Civil Aircraft alongside the Sukhoi Superjet 100 and […]

Pratt & Whitney, Wizz Air Ink $2.5B Deal for GTFs

Reading Time: < 1 minute Pratt & Whitney and Wizz Air announced at the Farnborough Airshow the selection of PW1100GGeared Turbofan (GTF) engines for the 110 firm orders and 90 purchase rights the European budget carrier has placed for Airbus A320neos. “Following a detailed review process, we concluded that the geared turbofan engine delivers the best value proposition as well […]

Sukhoi Civil Aircraft to Open Its First Overseas Office in China

Reading Time: < 1 minute JSC Sukhoi Civil Aircraft (SCAC) announces the company’s plans to open its first overseas client liaison office. Beijing office is the first step taken to implement the business strategy focused on the brand’s global marketing and setting up corporate offices in other key markets. Beijing office, scheduled to be opened by the end of 2016, […]

EASA Eastern Partnership and Central Asia Project Kick-off

Reading Time: < 1 minute On 13 July 2016, EASA officially launched in Chisinau (Moldova) a technical cooperation project for the Eastern Partnership and Central Asia countries. The four-year project aims at supporting the implementation of the European and international standards in civil aviation safety, security and market regulation. The project kicked off in presence of the Prime Minister of […]

Norwegian Signs First Ever Charter Agreements in The U.S.

Reading Time: < 1 minute Norwegian signs charter contracts with Apple Vacations and Funjet Vacations to operate routes from the United States to the Caribbean and Mexico. Norwegian has signed charter agreements with Apple Vacations and Funjet Vacations for the winter season 2017. Norwegian will station three Boeing 737-800 aircraft in Milwaukee and Chicago and operate routes to Mexico and […]

Turkish Airlines Named Europe’s Best Airline at Skytrax Awards 2016

Reading Time: 2 minutes The flag carrier once again recognised as a leading player in the global airline industry in the Skytrax World Airline Awards. Turkish Airlines has been chosen as “Europe’s Best Airline” for the sixth consecutive years in the 2016 Skytrax World Airlines Awards. Skytrax is the most respected global airline passenger survey organisation in the industry, its World […]