Reading Time: 2 minutes Qantas reported an Underlying Profit Before Tax of $1,401 million and a Statutory Profit Before Tax of $1,181 million for the 12 months ended 30 June 2017. The underlying result represents the second highest performance in Qantas’ 97 year history, down 8.6 percent compared with last year’s record. The figure is is slightly above the […]

Reading Time: < 1 minute Gulfstream Aerospace Corp. announced that its worldwide fleet of G280 aircraft recently eclipsed 100,000 flight hours, a milestone achieved less than five years after the first model entered service. “The G280 continues to reinforce its status as the premier super mid-size aircraft in business aviation,” said Dan Nale, senior vice president, Programs, Engineering and Test, […]

Reading Time: < 1 minute Despite a government guarantee of EUR150 million, Air Berlin (AB, Berlin Tegel) may soon find itself having to cancel flights, according to German newspaper Suddeutsche Zeitung. Citing insider information, the news site says that Air Berlin will be unable to maintain parts of its network as it does not have access to revenue generated by […]

Reading Time: < 1 minute Airbus’ decision to reduce A380 deliveries from 15 this year to 12 in 2018 and eight in 2019 will have noticeable effects on the aftermarket in the near-future, an industry analyst has forecast. Jonathan Berger, managing director of Alton Aviation Consultancy, says the cuts announced in July 2017 will present a barrier to entry for […]

Reading Time: < 1 minute The Vietnamese government has announced plans to reduce its shareholding in Vietnam Airlines (VN, Hanoi) by 2019. Having gone public in 2014, the government retained a stake of 86.16% in the carrier through the Ministry of Transport with ANA Holdings acquiring an 8.77% stake in 2016. At present, Techcombank holds 2.08%, Vietcombank 1.83%, with the […]

Reading Time: < 1 minute Jakarta is still undecided on the purchase of Russia’s new MC-21 passenger airplane, Indonesian Ambassador to Russia Mohamad Wahid Supriyadi told Sputnik on Wednesday, adding though that the jets could be in great demand in Indonesia. On August 9, Russian Foreign Minister Sergei Lavrov said during his trip to Jakarta that Russia’s Irkut aircraft corporation […]

Reading Time: 2 minutes Boeing, EL AL Israel Airlines and Air Lease Corporation are celebrating the delivery of the carrier’s first Boeing 787 Dreamliner. EL AL leased the airplane through an agreement with Air Lease Corporation. The 787-9 touched down in Tel Aviv following a nonstop, 6,746 mile (10,856 km.) delivery flight from Paine Field, adjacent to Boeing’s factory […]

Reading Time: < 1 minute First year, First Officer pay at Compass Airlines will soon be the highest in the regional airline industry. Compass is pleased to announce that effective October 1, 2017, its first year, First Officer pay will increase to $41.00 per flight hour. Additionally, First Officers at all pay steps will receive an increase. “The nationwide pilot […]

Reading Time: 2 minutes Work has begun on the construction of an extension to the South-East Pier of Edinburgh Airport which should be completed by the summer of next year. The extension will see the creation of new boarding gates and seating areas between gates 13 and 14.Work has begun on the construction of an extension to the South-East […]

Reading Time: < 1 minute WestJet announced its second quarter results for 2017, with net earnings of $48.4 million, or $0.41 per fully diluted share, as compared with the net earnings of $36.7 million, or $0.30 per fully diluted share reported in the second quarter of 2016, up 32.0 per cent and 36.7 per cent, respectively. WestJet achieved its 49th […]