Reading Time: < 1 minute The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), fell 4.7% in April 2019, compared to the same period the year before. This continued the negative trend in year-on-year demand that began in January. Freight capacity, measured in available freight tonne kilometers […]
Reading Time: < 1 minute Air New Zealand has finally agreed on the options for its long-haul fleet. It is Boeing 787-10 Dreamliner. According to the list prices, the value of the deal is $2.7 billion. Earlier this month the airline revealed it is considering between Boeing 787 and Airbus A350 aircraft. The were also rumours about the Boeing new […]
Reading Time: < 1 minute After 18 months of discussions, calculations and attempts to arrive at the final decision, Air New Zealand, an Auckland-based airline, has come closer to picking the aircraft to renew its widebody fleet. According to Reuters, it will be Boeing. Reportedly, the flag carrier of New Zealand is looking for an option to replace its eight […]
Reading Time: 2 minutes Intended to generate growth for European business, foster innovation and enable passengers to profit from safer, cleaner and cheaper flights, in a follow-up to the April 9 EU-China summit the European Commission signed an agreement on civil aviation safety and also a horizontal aviation agreement aimed at strengthening aviation cooperation on Monday May 20. The […]
Reading Time: 2 minutes In a money heavy industry like aviation, financing is the difference in success and failure. At the moment, only players who have a proven track record are able to keep a strong foothold in the industry, but the tides could soon be changing as countries like Japan set up tax regulations that encourage Japanese investors […]
Reading Time: 2 minutes FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, earned €119 million in revenue in 2018, which is approx. 14% more than in 2017 (€103 million) and reached net profit of €10.8 million (€5,7 million in 2017). “Persistence, LEAN implementation in our maintenance process and a rapid reaction to ever changing […]
Reading Time: < 1 minute Japan Airlines (JAL) is about to receive its first Airbus A350-900 which has already successfully performed its maiden flight over France. The initial flight set the beginning of the last phase of production which includes cabin completion, as well as further ground and flight tests leading to customer acceptance and delivery. The first A350 XWB […]
Reading Time: 3 minutes The Aircraft Ground Handling System Market is set to grow from its current market value of more than $130 billion to over $190 billion by 2025; as reported in the latest study by Global Market Insights, Inc. Improving airport infrastructure services and technological advancement to reduce the delay in operations will drive the aircraft ground […]
Reading Time: 2 minutes Airbus has published its April performance review in terms of orders and deliveries in the commercial aircraft segment revealing only five orders during the month with 70 deliveries to 35 customers worldwide across single-aisle and widebody product lines. Talking about the orders, aircraft manufacturer managed to secure three for A350-900s for Lufthansa Technik on behalf […]
Reading Time: < 1 minute A Myanmar National Airlines Embraer ERJ-190, registration XY-AGQ performing flight UB-103 from Yangon to Mandalay (Myanmar) with 82 passengers and 7 crew, was on approach to Mandalay’s runway 17 when the crew could not extend the nose gear and went around. The crew worked the related checklists, attempted an alternate gear extension, which also could […]