Category: GENERAL AVIATION

Avia Solutions Group Announces 33% Revenue Growth For 2016

Reading Time: < 1 minute Avia Solutions Group, an international, publicly traded aviation holding company with over 20 subsidiaries worldwide, has recorded €306 million revenue in 2016, a 33% increase from the 2015. Group’s net profit more than doubled to €8,1 million. The growth of the Group’s operations was largely driven by its increasing presence in the Asian aviation market […]

John Travolta Donates His Qantas Boeing 707 To HARS Albion Park

Reading Time: 2 minutes John Travolta has donated one of his private jets, a Boeing 707-138B which sports a retro QANTAS livery to the Historical Aircraft Restoration Society (HARS) in Albion Park, NSW, Australia. The aircraft will join the Boeing 747-438 reg VH-OJA donated by QANTAS in 2015. In the press release dated 27 May 2017, Mr Travolta states: […]

Over 100 Speakers Confirmed For The Aviation Festival in London

Reading Time: 2 minutes Now in its 14th year the Aviation Festival brings together the most innovative airlines and airports to discuss all aspects of customer experience management. Key speakers for 2017 include: Sir Tim Clark, President, Emirates Robin Hayes, President & CEO, JetBlue Avi Golan, CDO, Air New Zealand William Shaw, Founder & CEO, VivaColombia Johanna Jäkälä, CMO […]

Embraer to Partner with Uber for Electric VTOL Taxis

Reading Time: < 1 minute Embraer announced an agreement with Uber to explore the concept of an ecosystem—dubbed Uber Elevate Network—that will allow the potential development and deployment of small electric vertical take-off and landing vehicles (VTOLs) for short urban commutes. The announcement was made in Dallas, Texas, in the opening session of the Uber Elevate Summit. This preliminary partnership […]

Honeywell Delivers US$1.71 Earnings Per Share, Up 10%

Reading Time: < 1 minute Honeywell reported a strong start to 2017, with over 2% organic sales growth, 70 basis points of segment margin expansion, and free cash flow of nearly US$800m that was more than six times greater than 2016. The strong operational performance resulted in reported earnings per share of US$1.71. Normalizing for tax, earnings per share was […]

The FBO Market in South America

Reading Time: 2 minutes At a global scale FBOs are all about time and cost efficiency, swiftness and comfort. But while in the US and UK markets the competition within different FBOs is heavily determined by the price of fuel, in South America other separately priced services, including fuel, generate a rather compelling mix of variables before clients can […]

Lufthansa Technik Presents Mercedes-Benz Style VIP Aircraft Cabin

Reading Time: 2 minutes Lufthansa Technik and Mercedes-Benz Style are presenting the final version of their advanced VIP aircraft cabin design for the first time to a broader audience in Asia at the ABACE 2017 in Shanghai. Led by Lufthansa Technik’s VIP & Special Mission Aircraft Services engineering team, the initial design concept has been further developed to fully […]

Budget Support for Russian Aircraft Makers Cut Again

Reading Time: 2 minutes The Russian government has decided to once again cut the budget of the federal program to develop the aviation industry in 2013-2025. A decree signed by Prime Minister Dmitry Medvedev on March 31 reads that the amount of federal budget funding for the program will be reduced by 11.4%. from 714.2 billion rubles ($12.47 billion […]

Families, Sports and Fun Lovers to Drive Private Aviation in 2017

Reading Time: 5 minutes Within growing commercial airlines ticket fees and increased discomfort features about flying first class, the market for private jets has increased firmly. Nowadays, private flights are popular not only stereotypically for business, but also for private tourism, sport or entertainment industries as well. Growing demand can be associated not only with intensified terrorism attacks, but […]

Russian-Chinese Widebody Passenger Airliner Project Officially Launched

Reading Time: < 1 minute A joint venture between Commercial Aircraft Corporation of China, Ltd. (Comac) and Russia’s United Aircraft Corporation (UAC) to develop a long-haul widebody aircraft (provisionally designated Comac C929) has been registered in China, as follows from UAC’s annual report. The establishment of the venture marks the official start of the project. Known as China-Russia Commercial Aircraft […]