IATA told the US Department of Transportation (DOT) it is “time to act” on its request for approval of Resolution 787, which created the foundation for its New Distribution Capability.
Tianjin-based Okay Airways, which is awaiting regulatory approval to launch a regional venture, is now seeking to expand into the international market.
Express freight specialist TNT Express dropped sharply into deficit for the second quarter, recording a post-tax loss of €303 million ($401 million) compared to a profit of €38 million for the same period last year.
Boeing confirmed to ATW it is asking specific operators of 717, Next-Generation 737, 747-400, 767 and 777s to inspect aircraft with the Honeywell fixed emergency locator transmitters (ELTs) following the July 12 Ethiopian Airlines Dreamliner fire at London Heathrow Airport.
Republic Airways Holdings—parent of Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America—has reported second-quarter net income of $70.3 million, a 7.8% increase from $65.2 million in the year-ago quarter.
Rolls-Royce Civil Aerospace division recorded a 6% increase in revenue to £3.2 billion ($4.9 billion) for the first half compared to the same period in 2012.
FAA is proposing a $2.75 million civil penalty against Boeing Co.’s commercial airplanes unit for allegedly “failing to maintain its quality control system in accordance with approved FAA procedures.”
Gulf Air said it has narrowed its first-half losses by more than 50% over the year-ago period and that its major restructuring program remains on track.
Kenya Airways, a SkyTeam global alliance member, is on an expansion plan and preparing for its first Boeing 787 to be delivered next year. ATW European bureau chief Victoria Moores spoke with CEO Titus Naikuni in Nairobi.
Although airline finances and traffic have not fully recovered, orders for new jets have been strong. Carriers need new fuel-efficient models to cope with high oil prices. The ability of aircraft manufacturers to deliver new jets on time depends not just on internal organization but on OEMs’ ability to manage extremely complicated chains of suppliers.
General Electric (GE) chairman and CEO Jeff Immelt takes time in his busy schedule to get regular briefings on GE Aviation’s commercial engine programs. That’s because GE has committed to spending more than $1 billion annually on commercial aircraft engine research and development through at least 2018.
As the world continues to shift for aviation maintenance, repair and overhaul providers, there is a set of potential partners that could help MROs access new business: aircraft lessors.
