UK-based MRO provider Monarch Aircraft Engineering (MAEL) has finalized the terms of its new ownership structure, with a transaction in which UK investment group Greybull Capital becomes the owner of the company.
Cypriot carrier Cobalt Air collapsed after its 49% Chinese shareholder pulled out and a replacement investor failed to come through with the necessary money.
While demand remains strong for Asia-Pacific airlines, yield improvement still lags behind fuel price rises, according to the Association of Asia Pacific Airlines (AAPA) director general Andrew Herdman.
The Association of Asia Pacific Airlines (AAPA) director general Andrew Herdman said one key area AAPA members must discuss at this week’s 62nd Assembly of Presidents in Jeju, Korea is the handling of mass service disruptions, along with passenger rights legislations, as the region faces increased natural events such as Typhoon Jebi and the Hokkaido earthquake in Japan.
Turkish Technic has grown its third-party maintenance, repair and overhaul (MRO) to 25% of its total revenue, up from 15% two years ago, through more efficient use of its existing facilities.
US Senator Ed Markey (D-Massachusetts) is a member of the Aviation Subcommittee of the Commerce, Science and Transportation Committee, and a leading critic of the US airline industry. In this exclusive interview, ATW asked him about his attempts to re-regulate the industry, and how he plans to move forward following the passage of the FAA Reauthorization Act.
A newly released Aviation Week Intelligence Network 2019 Commercial Fleet and MRO Forecast, shows that the commercial air transport fleet, for which growth is underpinned by multiple macro-economic trends, will experience growth of 2.8% on deliveries of nearly 23,200 turbofan- and turboprop-powered aircraft over the coming decade.
US-based connectivity specialist Air Informatics president & managing director Bruce Jackson believes that airline Wi-Fi connectivity is facing two to three years of volatility.
On-demand electric vertical takeoff and landing (eVTOL) air-taxi service Lilium is expecting to launch “much sooner” than its 2025 estimate and is scouting out possible downtown locations to start the service.
The UK Civil Aviation Authority (CAA) wants to stay within the EASA system after the UK exits the European Union (Brexit) next year, but given that the UK government has not determined how it will exit, the CAA is preparing for a hard Brexit, a scenario where no mutually beneficial deal is reached.
The Air Line Pilots Association (ALPA) has elected Joe DePete, a FedEx Express pilot and the union’s first VP and national safety coordinator, to serve as its 11th president.
Aeromexico reported a MXP617 million ($32.9 million) net loss for the third quarter of 2018, reversed from a MXP344 million net profit in the year-ago quarter.
Singapore has signed an Open Skies agreement with Peru, allowing their airlines to fly any number of passenger and cargo services between both countries as well as beyond to any third country, with no restrictions on capacity, frequency, aircraft type or routing.
Air New Zealand aims to help develop the autonomous air taxi concept by partnering with Zephyr Airworks—a company testing such an aircraft in New Zealand.
Lessors AerCap, GE Capital Aviation Services (GECAS) and IBA Group are seeing concrete advances in the acceptance of digital aircraft records, which is one of several factors hampering smooth aircraft-lease transitions.
Executives from Airbus, Boeing and Embraer have told delegates at MRO Europe they are responding to customer demand by moving more heavily into the aftermarket, but plenty of competition remains.
Austria’s Constitutional Court has dismissed citizen complaints against Vienna Airport’s third runway and has referred further action to the Administrative Court.
Germany’s Munich Airport will likely see a significant delay—if not an outright stop—of plans to build a third runway following regional elections in Bavaria Oct. 14.
Norwegian Air Argentina began domestic cabotage operations Oct. 16, with a Boeing 737-800 flight from Buenos Aires’s Aeroparque Jorge Newbery Airport to Cordoba’s Ingeniero Ambrosio Taravella International Airport.
United Airlines rode a double-digit revenue increase and declining non-fuel unit costs to deliver a third-quarter (3Q) net income of $836 million, a 29% year-over-year (YOY) improvement.
Christian Suttner, the co-founder and managing partner of startup incubator Starburst, has predicted that drone-based aircraft maintenance inspections will go mainstream by 2020.
TAP Express CEO Valter Fernandes used the podium at MRO Europe in Amsterdam to call for action on long aviation lead times, saying the industry has lost its edge because innovation is too slow and expensive.
