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: < 1 minute Austrian Airlines was the world’s most punctual airline in March 2017. This can be seen in the latest statistics from flightstats.com for global airlines. With an arrival on-time rate of 92.72%, Austrian Airlines was ahead of Spanish Iberia (90.74%) and Singapore Airlines (89.19%). Punctuality is measured in the airline industry with <15 minutes. This means […]

Reading Time: < 1 minute Boeing now has six aircraft in its KC-46 tanker test program, expanding its ability to complete ground and flight-test activities as it progresses toward first deliveries to the U.S. Air Force. The newest KC-46 aerial refueling aircraft, the second low-rate initial production plane, completed its first flight April 29. Its test activities will help ensure […]

Reading Time: 3 minutes GE Aviation celebrated in Muskegon the grand opening of its $14.5 million Brilliant Factory – an investment that will stimulate economic growth in the region and where GE is using data and analytics to run its plants more efficiently. For the event, John Bowman, general manager, Supply Chain for GE Aviation joined Senator Debbie Stabenow, […]

Reading Time: 2 minutes The rule that there must always be two people in the cockpit of an aircraft, introduced following the Germanwings crash, March 2015, is being relaxed by more airlines, amid fears that putting cabin crew into the cockpit is more dangerous for air passenger safety that leaving one pilot in command. Germanwings flight 9525 ended in […]

Reading Time: < 1 minute A total of 14 passengers traveling by Russia’s Aeroflot airlines from Moscow to Bangkok and injured due to turbulence remain in hospital, Aeroflot Airlines said in a statement on Monday. The plane was hit by short-term severe turbulence earlier in the day. After the aircraft landed in Bangkok, all the injured passengers were taken to […]

Reading Time: 2 minutes Turboprop aircraft manufacturer ATR is eyeing further aftermarket expansion across the Americas after signing three contracts covering regional airlines with maintenance services. The first of the three Global Maintenance Agreements (GMA) is an extended deal with Colombia’s Avianca, providing 15 ATR 72-600s operated under different brands of the airline group in Colombia, Guatemala and Honduras. […]

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 […]