Category: Aviation News

In Pursuit of a Prestigious Profession?

Reading Time: 5 minutes Almost everyone in life is entitled to a great choice of future when leaving school. Limitless potential, endless career opportunities, a broad range of possible destinations, areas and industries to enter into… and many other aspects to consider. How do young people choose the right path to pursue their career? Probably the most common criteria […]

Cadet Type Rating Program: A Life Belt For Pilots Or For Airlines?

Reading Time: 4 minutes For those seeking a career in the skies, there is now a great opportunity to pursue their dreams. Recently, the market has been filled with positive news – pilot Cadet programs have appeared in the market. There was a time not so long ago when the aspiring future pilots had to pay for their training […]

Russian Government Allocates $20 Million for IL-96-400M Production Company

Reading Time: 2 minutes The Russian government has allocated some 1.32 billion rubles (US$20 Million) to the United Aircraft Corporation (UAC), the company which is responsible for the passenger re-launch of the Ilyushin IL-96-400M, four-engined wide-body aircraft. The financial injection will boost the registered capital of Voronezh Aircraft Production Association (part of UAC, known as VASO), the producer of […]

Lithuanian Joint Venture Sees Unprecedented Growth in China

Reading Time: 2 minutes The largest Lithuanian investor in the People‘s Republic of China – AviaAM Leasing – has added a 14th brand new aircraft to the portfolio of its Joint Venture, AviaAM Financial Leasing China. The aircraft brings the value of the Joint Venture’s portfolio to USD 835 million. AviaAM Financial Leasing China was established, in August 2016, […]

Philippine Airlines Boeing 777 Engine Shuts Down in Flight

Reading Time: < 1 minute A PAL Philippines Airlines Boeing 777-300 performing flight from Manila (Philippines) to Vancouver,BC (Canada) with 387 people on board, was enroute at over the Philippine Sea when the crew observed a low oil pressure indication for the left hand engine (GE90), shut the engine down and drifted down. The aircraft diverted to Tokyo’s Haneda Airport […]

Rolls-Royce Increases Annual Earnings Outlook Despite Trent Engine Problems

Reading Time: 2 minutes Rolls-Royce has delivered better-than-expected half-year results, allowing the company to raise its full-year earnings outlook. Pre-tax profit of £81 million was reported for the first half of 2018 compared to a loss of £126 million for the same period last year. Underlying operating profit was reported at £141 million compared to a loss of £84 […]

Boeing and Lockheed Martin Get Caught Up in USAF Competition

Reading Time: 2 minutes Mixed signals from the Trump administration’s “America First” initiative are creating a confusing economic environment for U.S. companies despite a booming U.S. economy, which could make the “America First” and “Made in America” initiatives unattainable for American business. President Trump says he wants more U.S. corporations to move production and supply chains back to the […]

Smartwings Boeing 737 Overruns Runway on Landing

Reading Time: < 1 minute A Smartwings Boeing 737, performing flight from Heraklion (Greece) to Pardubice (Czech Republic) with 120 people on board, landed on Pardubice’s runway 27 at 18:12L but overran the end of the runway and came to a stop about 20 meters/70 feet past the end of the runway with all gear on soft ground (no paved […]

COMAC Signs LOI of 20 ARJ21-700 Aircraft with HNA Group

Reading Time: 2 minutes Commercial Aircraft Corporation of China, Ltd. (COMAC) signed a Letter of Intent (LOI) of 20 ARJ21-700 aircraft with HNA Group Co., Ltd. This is the first implementation result of the framework strategic cooperation agreement between COMAC and HNA Group signed in Shanghai in early June this year. It is reported that the 20 ARJ21-700 aircraft […]

Pobeda Airline May Purchase 30 Boeing 737 MAX8 Aircraft

Reading Time: < 1 minute The Pobeda airline (part of the Aeroflot group) may purchase 30 new Boeing 737 MAX8 aircraft, according to information on the state procurement website. The company is now holding a tender for consulting services for the purchase of aircraft. According to the statement the company is looking for “consulting services to agree on terms of […]