Reading Time: < 1 minute United Airlines parent United Continental Holdings reported a full-year 2016 net profit of $2.3 billion, down 69.2% from net income of $7.3 billion in 2015. However, Chicago-based United’s 2015 earnings included a one-time $3.1 billion non-cash tax valuation benefit that skews year-over-year comparisons, especially since 2016’s earnings include a one-time tax expense of $1.5 billion. […]
Reading Time: 3 minutes The IAF chief, Air Chief Marshal Arup Raha, said that an additional 200-250 fighter aircraft needed to be inducted in the next 10 years to meet operational requirements, even as he termed the disappearance of an AN-32 transport one of the “worst memories” of his career. India has sufficient numbers in the heavy category in […]
Reading Time: 2 minutes Flynas, Saudi Arabia’s leading low-cost carrier, has signed an agreement with Airbus for 60 A320neo Family aircraft. In addition to the 60 aircraft, Flynas has converted 20 A320ceo from a previous order to A320neo bringing the airline’s total firm order to 80 A320neo. The deliveries are scheduled to take place during 2018-2026. The agreement was […]
Reading Time: < 1 minute Yesterday it has been 8 years that a US Airways Airbus A320 ditched into the Hudson river. It is still described as the “Miracle on the Hudson” and according to aviation specialists it was “the most succesful ditching ever”. Wikipedia: US Airways Flight 1549 was an Airbus A320-214 which, three minutes after takeoff from New […]
Reading Time: < 1 minute Boeing and SpiceJet announced today a commitment for up to 205 airplanes during an event in New Delhi. Booked at the end of 2016, the announcement includes 100 new 737 MAX 8s, SpiceJet’s current order for 42 MAXs, 13 additional 737 MAXs which were previously attributed to an unidentified customer on Boeing’s Orders & Deliveries […]
Reading Time: 5 minutes The civil aviation industry is one of the most asset-intensive industries in the world. With parts that are high-cost and low in numbers, even the slightest of improvements in asset functionality and maintenance can yield significant cost and efficiency advantages. Espen Olsen, Business Development and Sales for Aerospace & Defense at IFS explains how two […]
Reading Time: < 1 minute United Airlines has decided to retire its remaining 20 Boeing 747-400s by the end of 2017, moving up the fleet’s retirement by a year. United had previously said it would retire its 747 fleet by the end 2018. But president Scott Kirby said in a Jan. 11 message posted online that “the time has come […]
Reading Time: 2 minutes Gulfstream Aerospace Corp. announced the company’s flagship Gulfstream G650ER recently claimed two more city-pair records. The achievements highlight the aircraft’s superior performance and the company’s commitment to providing customers with high-speed travel options. The G650ER took off from Ohio’s John Glenn Columbus International Airport and landed at Shanghai’s Pudong International Airport 14 hours and 35 […]
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), rose 6.8% in November 2016 compared to the year-earlier period. This was a slight slowdown from the 8.4% annual growth recorded in October 2016 – which was a 20-month high – but was […]
Reading Time: 2 minutes The US Federal Bureau of Investigation (FBI) has confirmed the Fort Lauderdale-Hollywood (Florida) International Airport (FLL) shooter was an arriving passenger who used a handgun from his checked baggage. The suspect flew on two Delta Air Lines flights Jan. 6, originating in Anchorage (ANC) and connecting at Minneapolis (MSP) for a flight to FLL, according […]