The Volga-Dnepr group plans to grow its fleet by more than 50% in the next four years and at least double its maintenance division’s locations around the world, says Victor Sherin, managing director of Volga-Dnepr Gulf.
Congestion at Indonesia’s main international gateway, Jakarta Soekarno-Hatta International Airport, is leading carriers to look elsewhere to expand their operations. Lion Air—Indonesia’s largest privately owned airline—has responded to the challenge by basing its new full-service carrier, Batik Air, at Jakarta’s Halim Perdanakusuma International, a secondary airport controlled by the military.
Boeing's latest 20-year forecast is projecting a slight uptick from last year, with demand now expected to reach 34,000 new aircraft at a value of $4.5 trillion through to 2031. Annual passenger growth is expected to average 5% and air freight 5.2%, which injects a note of optimism in a market that has suffered for more than a year. While last year’s forecast was slightly smaller, there is a lower expectation of sales in the 90-220-seat single-aisle orders relative to 200-400-seat twin-aisle.
Virgin America expects to bounce an expected full-year 2012 profit into an initial public offering (IPO) in the first half of 2013, despite having posted a $49 million first-quarter loss. CEO David Cush attributes the loss to what he terms “two unplanned events,” namely a 47% year-on-year in fuel costs in the quarter and a switch to the Sabre reservations system.
Click here to view the pdf Arab Air Carrier Organization Monthly Traffic - April 2012 Arab Air Carrier Organization Monthly Traffic - April 2012 RPK % Chg. ASK % Chg.
Twenty-nine years after setting up International Aero Engines (IAE), Rolls-Royce (R-R) and Pratt & Whitney (P&W) are moving to the next phase of their plan to establish a new-technology, mid-size engine joint venture following completion of the restructuring of the original partnership.
Pinnacle Airlines’ Chapter 11 filing has alleviated a pilot recruitment problem at Republic Airways that the Memphis-based regional carrier says posed a “very real and imminent threat” to operations by its Chautauqua Airlines, Republic Airlines and Shuttle America subsidiaries. But, despite this relief, Republic still has to address an urgent problem within its pilot ranks: striking a deal with the union representing its pilots, who on July 2 asked to be released from federally mediated negotiations.
Looming budget cuts may scale back the FAA’s Airport Improvement Program (AIP) grants—the federal funding on which airports rely for capital improvement projects—and could jeopardize air traffic control modernization.
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Garuda Indonesia will spin off its Citilink low-cost carrier unit into a separate business entity. Citilink has been using Garuda’s air operator certificate (AOC), but the parent company’s Executive VP of Marketing Elisa Lumbantoruan tells Aviation Week that Citilink received its own AOC on June 22 from Indonesia’s Directorate of General Civil Aviation. Elisa says Citilink will be divested in the coming days.
Garuda Indonesia intends to acquire one of the 13 pilot training schools in Indonesia and contract an international pilot training organization to manage the facility. The national carrier currently sources its pilots from two flying schools in Indonesia: Bali International Flight Academy and the Indonesian Civil Aviation Institute in Curug. At these two schools, Garuda can decide which students are accepted and is guaranteed that graduates will work for the airline for a specified period. In return, Garuda pays tuition.
Alaska Airlines’ growth strategy will focus on transcontinental flights originating from its West Coast strongholds, where brand loyalty is deepest, CFO Brandon Pedersen tells Aviation Week.
On the site it had planned to assemble tankers for the U.S. Air Force, Airbus hopes to make its A320 family more competitive in the world’s biggest replacement market for single-aisle transports.
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Click here to view the pdf Carrier Airport Operations - Houston Bush, April 2012, Ranked By Flights Carrier Airport Operations - Houston Bush, April 2012, Ranked By Flights Flights % Arrive On Time Avg. Taxi In Mins. Avg. Taxi Out Mins.
Jeffery Smisek, president and CEO of United Airlines says it is unlikely that the U.S. in the foreseeable future would be willing to drop or even loosen the existing rules on ownership and control.
Click here to view the pdf Aviation Week’s Top Performing Airlines Rankings Aviation Week’s Top Performing Airlines Rankings Top 10 Airlines With Revenues Greater Than $6 Billion
Delta Air Lines pilots on June 29 ratified a new collective bargaining agreement, setting the stage for the carrier to add 88 Boeing 717 aircraft to its fleet, jettison more than 200 50-seaters and add 70 more 76-seat regional jets—all of which could be completed by the end of 2015.
Garuda Indonesia plans to order 50 turboprop aircraft by year’s end to serve smaller routes, an airline official says. The airline’s President Director, Emirsyah Satar, tells Aviation Week that ATR and Bombardier are competing for the contract and are making presentations. The carrier will make a decision in the fourth quarter, he adds.