Reading Time: < 1 minute AviaAM Leasing, one of the most efficient aircraft leasing and trading companies around the globe, earned EUR 49.3 million revenues (including net gain on sale of aircraft) and posted a record net profit of EUR 29.1 million for the year ended 31 December 2018. The net profit grew by 9% as compared to 2017 (EUR […]
Reading Time: < 1 minute A KLM Boeing 747-400, registration PH-BFT performing flight KL-856 from Seoul (South Korea) to Amsterdam (Netherlands) with 270 people on board, was in the initial climb out of Seoul’s runway 15R when one of the engines failed emitting sparks. The crew stopped the climb at 3000 feet, dumped fuel and returned to Seoul for a […]
Reading Time: < 1 minute The ACJ319neo successfully completed a first flight lasting one hour and 55 min. on 24 April 2019, beginning a short flight-test programme to verify its corporate jet features – such as the extra fuel tanks in its cargo-hold, which enable intercontinental range. Built for K5 Aviation of Germany, the aircraft will be outfitted with a […]
Reading Time: < 1 minute The last of the A320neo variants, an Airbus A319neo, has completed its maiden flight powered by Pratt & Whitney GTF engines for the first time. The A319neo test aircraft took off from Toulouse at 12:30 local time and landed at 15:20. It was flown by a crew of five including Captain Philippe Castaigns, First Officer […]
Reading Time: < 1 minute Norway’s Pilot Flight Academy (PFA) will expand their airline pilot education with a new base on Hévíz-Balaton Airport in Hungary. Together with the Hungarian government, PFA will provide a very beneficial student financing program to all EU-citizens who qualify to become an airline pilot. This was announced at a press conference by the Hungarian Minister […]
Reading Time: 2 minutes Boeing has announced its first quarter 2019 results. Impact of the 737 MAX crisis is already noticeable. Although the indications are initial and the full cost could not be determined, the company has already suffered losses. The company reported $22.9 billion revenue, while net profit – $2.1 billion. Boeing revealed that the first quarter performance […]
Reading Time: < 1 minute United Airlines has introduced its employees and flying community with a new aircraft livery. The airline said it is currently ongoing brand evolution. “Three shades – Rhapsody Blue, United Blue and Sky Blue – are used throughout the design in a way that pays respect to United’s heritage while bringing a more modern energy”, said […]
Reading Time: 3 minutes It’s not a secret that every airline needs highly professional and well-trained pilots. The fastest way leading an aspiring future pilot to the airline’s cockpit is the Multi-Crew Pilot Licence Program (MPL). The only question is why an increasing number of airlines is turning to MPL programs, and what the difference between the MPL program […]
Reading Time: 2 minutes Sheremetyevo International Airport JSC and Moscow Cargo LLC, with the support of the Ministry of Industry and Trade of the Russian Federation, held a presentation of the cargo complex to their Chinese partners as a part of the strategy for development of Russian-Chinese cooperation in the field of air transport. Participants in the event included […]
Reading Time: < 1 minute Russia’s aircraft manufacturing industry, now consolidated under the auspices of United Aircraft Corporation (UAC), is facing further re-organisation after its board of directors decided to increase efficiency and attractiveness for investors by merging those subsidiaries which are responsible for developing and producing civil aircraft. The new arrangement means that Sukhoi Civil Aircraft Company (SCAC), the […]