When Ian Woodley walked into the offices of BMI Regional as its new CEO earlier this year, a 16-year episode of his life came full circle. Woodley sold the Scotland-based airline he had co-founded, then known as Business Air, to the airline group of which British Midland—BMI—was a major part in 1996.
Faced with a fourth consecutive year of a deficit of over $1 trillion and a debt-ceiling crisis, President Barack Obama signed into law the US Budget Control Act in August 2011. But as one crisis was averted, another was about to be created for the US transportation system.
Maintenance strategies are changing. How much they will change and for how long are two big questions. Another is who will get the business: airframe OEMs; global MRO shops; or mixes and partnerships of both.
Few airline markets today are more challenging than Europe. Much of the continent is mired in an economic recession, carriers’ profit margins are wafer-thin and the market shares of some of the region’s largest players are increasingly being eroded by Gulf region competitors.
The airline industry’s booming growth in emerging market regions combined with a safety record that far outshines any other transportation mode poses new challenges for those in the training and safety business.
In the worst-ever performance of any regional market in July, India’s domestic air traffic fell 1.1% compared to a year ago, according to IATA’s monthly traffic report. The figures are in sharp contrast to 2010 and early 2011, when the region was among the fastest growing in the world and enjoyed 20%-plus growth rates.
FL Technics was selected by Seal Dynamics to serve as its sales and marketing representative in Russia, the CIS and CEE for its components and consumables. Ducommun Inc. won FAA repair station certification for commercial aerospace aftermarket support in Phoenix.
The UK Competition Commission (UKCC) said Monday it would deliver its interim findings on Ryanair’s almost-30% shareholding in Aer Lingus “sometime in May.”
Iberia’s parent company, International Airlines Group (IAG), has accepted a Spanish government-appointed mediator’s compromise proposal to end the bitter industrial strife resulting from major restructuring at the loss-making Spanish flag-carrier.
Emirates will transfer its cargo fleet from Dubai International Airport to Dubai World Central Airport (DWC), president Tim Clark told ATW on the sidelines of the ITB tourism fair in Berlin.
With its first PW1000G Geared Turbofan (GTF) certification under its belt, Pratt & Whitney is looking to increase the engine’s bypass ratio to achieve even greater efficiencies.
Small jet manufacturers are planning to invest heavily in their platforms and increase the size of current aircraft models, according to a panel discussion at the ISTAT Americas 2013 conference in Orlando, Fla.
Royal Jordanian launched 2X-weekly Amman-Algiers Airbus A320 service, increasing to 3X-weekly April 1. UTair Aviation will launch 2X-weekly St. Petersburg-Budapest Boeing 737-500 service April 28. Emirates will launch daily Dubai-Angeles City, Philippines service Oct. 1. Egyptair will increase 6X-weekly Cairo-Brussels service to 7X-weekly June 29.
Scandinavian Airlines (SAS) has signed a letter of intent (LOI) to sell its ground and cargo handling activities to Swissport International as measures to boost its liquidity continue.
The CEOs of easyJet, IAG, Ryanair and Virgin Atlantic have jointly lambasted the UK’s aviation taxation policy after it ranked 139th out of 140 countries in a competitiveness study.
Low-cost African start-up Fastjet has turned to the UK legal system in a bid to end the ongoing dispute with Five Forty Aviation over rights to use the Fly540 brand.
Cyprus Airways reported a provisional full-year net loss of €55.8 million ($72.7 million) for 2012, more than doubling its €23.9 million loss in the year-ago period.
