Hamilton Sundstrand was selected by Japan Airlines to provide a total supply chain maintenance solution for its systems on JAL's fleet of 35 Boeing 787 aircraft on order. The maintenance support agreement, valued at approximately $350 million, is for 10 years with an option to extend for an additional 10 years. Turkish Technic signed an APS3200 APU repair services contract with SKY Airlines. Beginning this month, repair work will occur at Turkish Airlines' facilities in Istanbul.
Frontier Airlines and the Assn. of Flight Attendants representing 1,000 of the carrier's cabin crew reached a tentative agreement on a new collective bargaining agreement. Frontier said that concessions agreed to by AFA will save it $16 million in labor costs over a four-year period.
The Serbian government launched a tender Monday to find investors to create a new airline to replace loss-making Jat Airways ( ATW Daily News, June 16, 2010). A previous tender for the sale of a 51% stake in Jat, priced at €51 million ($73 million), failed in 2008 ( ATW Daily News, June 30, 2008).
The proposed acquisition of Finnish Commuter Airlines by Flybe Nordic, a new joint venture between Flybe Group and Finnair, received the necessary competition clearances from relevant authorities in Finland, Flybe said in a statement. It expects to complete the transaction "within the next two to three weeks."
Atlas Air Worldwide Holdings reported a net profit of $34.4 million for the 2011 first half, down 48.2% from $66.4 million in net income posted in the first six months of 2010.
Alitalia Group reported a net loss of €94 million ($134.9 million) in the 2011 first half, a 43% improvement from the €164 million deficit incurred in the year-ago period.
Despite a last-minute push by US President Barack Obama, Transportation Secretary Ray LaHood and Senate Majority Leader Harry Reid, Congress adjourned Tuesday for a five-week recess with the partial shutdown of FAA unresolved, making it likely that many of the agency's functions will remain unauthorized into September.
In today’s global news business, the role of the editor is changing, evolving, alongside the onslaught of the growing number of Internet news outlets, blogs, and social media sites, which in some cases break news faster and as accurately as many of the established news organizations.
After years of reworking the design and refining its production process to learn from the troubles encountered by both the A380 and 787, Airbus is about to discover whether its ambitious A350 promises can be turned into reality.
US House of Representatives adjourned Monday night for a five-week recess with the partial shutdown of FAA unresolved, making it likely that many of the agency's functions will remain unauthorized into September.
United Airlines introduced a new application for iPad, iPhone and iPod touch users that will allow passengers to book reservations, check-in for flights, access mobile boarding passes, get updated flight status details and manage frequent flyer accounts. Lufthansa Systems inked a five-year contract with Pegasus Airlines and subsidiary IZair to implement its Lido/Flight solution aimed at optimizing the carriers' flight planning processes.
Tianjin-based Okay Airways signed a strategic cooperation agreement with the Heilongjiang provincial government to launch two routes to Mudanjiang and Jiamusi from Harbin, part of the carrier's plan to further explore the regional air transport market in North China.
Korean Air placed a firm order for two additional Boeing 737-900ERs valued at $171.6 million at list prices. KE currently operates two 737-900ERs. Boeing Flight Services said it will partner with KE to provide 737NG training for KE pilots at the airline's Seoul Incheon flight training facility. The 737-900ER is designed to carry up to 180 passengers in a two-class layout.
Guyana's Civil Aviation Authority, with assistance from the US National Transportation Safety Board and Trinidad and Tobago's CAA, is leading the inquiry into Saturday's Caribbean Airlines Boeing 737-800 runway overrun in Georgetown.
Star Alliance suspended the induction of Air India into the global airline grouping after India's national airline failed to meet the minimum joining conditions agreed upon in December 2007.
The Kuwaiti government launched the privatization of struggling flag carrier Kuwait Airways, putting up for sale 35% of the carrier's KWD220 million ($806.8 million) share capital.
Star Alliance suspended the induction of Air India into the global airline grouping after India's national airline failed to meet the minimum joining conditions agreed upon in December 2007.
Welcome Air Group, an Austria-based regional carrier, ended scheduled flights from Innsbruck to Graz and Hanover. The carrier ceased scheduled flights to Gothenburg and Stavanger earlier this year. Belle Air Europe launched twice-weekly ATR 72-500 service from Skopje to Ancona and Venice. Monarch Airlines will launch daily London Gatwick-Barcelona service Oct. 21, increasing to 11-times-weekly Oct. 30.
US airlines carried 60.5 million scheduled domestic and international passengers in April, the most recent month for which data is available. Passengers carried for the month rose 1.4% year-over-year but was still 4.3% below pre-recession April 2008 figures, the US Bureau of Transportation Statistics noted. April scheduled domestic and international traffic for US airlines rose 4.2% over April 2010 to 66.7 billion RPMs on a 5.4% rise in capacity to 82.7 billion ASMs. Load factor was 80.7%, up 0.97 point.
International Airlines Group, parent of British Airways and Iberia, distinguished itself from rivals suffering losses or significantly reduced earnings ( ATW Daily News, July 29) by posting a net profit of €71 million ($101.8 million) for the 2011 first half, reversed from a pro-forma BA/IB €352 million net deficit in the first six months of 2010.
Investigators are expected to focus on the flammability of cargo carried by an Asiana Airlines Boeing 747-400 freighter that crashed Thursday off the coast of South Korea in the East China Sea, killing both pilots.
