Reading Time: 3 minutes The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew […]

Reading Time: 2 minutes Pratt & Whitney Canada (P&WC) celebrated the production of its 100,000th engine this month, as a testament to P&WC’s longevity and leadership in the global aerospace market. Today, P&WC has 60,000 in-service engines operated by 12,300 customers in more than 200 countries and territories worldwide. Its engine families span across general aviation, regional turboprops, business […]

Reading Time: < 1 minute SAS announced a direct flight to Miami, Florida. The route will be added to the carrier’s winter timetable for 2017 and will complement the departures from Copenhagen and Oslo. SAS is launching a new direct route between Stockholm and Miami from October 2017, which will depart once a week on Sundays starting October 29th. The […]

Reading Time: 2 minutes WestJet announced today a definitive purchase agreement with The Boeing Company for up to 20 Boeing 787-9 Dreamliner aircraft. This agreement includes commitments for 10 Boeing 787-9 aircraft to be delivered between the first quarter of 2019 and December 2021, with options for an additional 10 aircraft to be delivered between 2020 and 2024. The […]

Reading Time: 4 minutes The Company’s operating and financial information is presented, except where otherwise stated, on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented is for the quarters ended March 31, 2016 (1Q16), December 31, 2016 (4Q16) and March 31, 2017 (1Q17), are derived from the unaudited financial statements, except […]

Reading Time: 4 minutes “We have continued on our successful track in the first quarter of this year and achieved another good result,” said Ulrik Svensson, Chief Financial Officer of Deutsche Lufthansa AG, presenting the Lufthansa Group’s financial results for the first three months of 2017. “For a period that is traditionally difficult for the airline industry, we have […]

Reading Time: < 1 minute UPS Airlines is adding its first used Boeing 767-300 freighters to its fleet, with expected entry into service in mid-2018. The cargo carrier operates a fleet of 59 of the jets, which were bought new from Boeing. The three used aircraft will be passenger-to-freighter conversions, and the company is putting out a request for proposals […]

Reading Time: < 1 minute Australian carrier Qantas is dropping its existing flights from Melbourne to London via Dubai in favour of a more direct route through Perth. The national carrier announced that it would axe its daily A380 Melbourne-Dubai-London service for a new daily 787-9 Melbourne-Perth-London service, starting on March 24 2018. The non-stop flight from Perth to London […]

Reading Time: 2 minutes Emirates will provide an all-A380 service from Melbourne when it upgrades its third daily flight from the Australian city, EK408 and EK409, from a Boeing 777-300ER to an A380 operation. The move will add 945 seats per week to the Australian city from 25 March 2018, representing a 10% increase in capacity. This means Emirates […]

Reading Time: 2 minutes The day after Boeing announced a Q1 19% rise in profits, Airbus has announced a fall in adjusted operating profit of 51%, to €240m for Q1 2017. Revenue increased 7% to just under €13bn and while analysts had predicted a loss, the 52% drop was appreciably greater than the 31% anticipated. Airbus shares fell by […]