Safran will take a €654 million ($720 million) one-off, non-cash charge to cover what it called “the depreciation of program-related tangible and intangible assets” associated with its delayed Silvercrest engine. Announcing otherwise very positive 2015 financial results in Paris today, the French engine maker confirmed that it has agreed to a revised schedule for certifying the en...
Capital AviaNeft, a Russian provider of aircraft refueling services and full-service support for business aircraft, is offering post-paid terms for ground handling services in Russia through its Capital Bonus loyalty program. The company said its new program “has no competitors in the Russian business aviation market,” where cash-on-demand for business aircraft services and fueling is...
The MH2 flight bound for London Heathrow had been in the air for an hour and a half before it ran into trouble. A Malaysia Airlines flight to London has turned back to Kuala Lumpur after reports of 'engine trouble' mid-flight. The A380 flight bound for London Heathrow had been in the air for an hour and a half before it ran into trouble. It was flying at approximately 21,000 ft wh...
This summer, two pilots sandwiched in a 36-inch-wide cabin could take the Perlan 2 glider to 90,000 feet, higher than most aircraft have flown. To reach such heights, the glider will ride stratospheric waves—powerful and little-understood currents that flow over mountain ranges. It will be flying in uncharted and unstable aeronautic territory, and between the rigors of thin air and bliste...
And he warned that Britain leaving the EU could raise fares. Michael O’Leary, CEO of Ryanair, has built a reputation on his quotability and unapologetic pursuit of cost cutting, which has made the discount airline one of Europe’s most successful. (He’s especially famous for calling a customer an “idiot” when she complained about having to pay to print her boarding...
Jet Airways, India’s premier international airline, has entered into a codeshare agreement and a reciprocal frequent flyer programme partnership with Korean Air, the largest airline in South Korea. Guests travelling on both Jet Airways and Korean Air will be able to connect from multiple points in India to Seoul over various gateway points in Asia. Under the codeshare arrangement, Jet Air...
SR Technics, one of the world’s leading providers of technical solutions to airlines, is proud to announce a cooperation with S7 ENGINEERING (S7E), a part of ENGINEERING Holding, to provide Russian and CIS aircraft operators and owners with engine maintenance and on-wing services for CFM56-5B and CFM56-7B engines. The two companies signed a long-term agreemen...
Embraer, the world's leading manufacturer of commercial jets up to 130 seats, today took a step in the consolidation of its leadership by presenting the E190-E2, the first E2 jet – Embraer´s second generation of the E-Jets family of commercial aircraft. The aircraft´s maiden flight is scheduled for the second half of 2016, with entry into service scheduled for 2018. The cerem...
Brazilian manufacturer Embraer is on the verge of signing a deal for 50 of its regional jets with Iran. Sources involved with the Iran-Brazil talks suggest that these will be part of a lease deal. The civil aviation authority director Ali Abedzadeh said that regional aircraft would be in great demand in the country as it emerges from trade sanctions. He estimated that Iranian carriers would...
The 75th Bombardier Learjet 75 was delivered yeaterday to Canadian business jet charter, management, sales and fractional provider Aurora Jet Partners during a ceremony at the manufacturer’s plant in Wichita, where the light jets are assembled. This milestone comes some two years after the model—a longer-range version of the Learjet 45 with Garmin G5000 integrated avionics, r...
The Airbus team at the Final Assembly Line (FAL) in Alabama hit an important milestone last week as the first aircraft ever assembled at the site, an A321ceo destined for JetBlue, has rolled out and it is ready to receive its paint job prior to delivery. The Airbus Alabama team posing in front of the first US-built A320 family aircraft. (Photo Credits: Airbus) According to Airbus, this...
The long-awaited 2016 Defence White Paper has committed the Turnbull federal government to a “fully costed” Integrated Investment Program for Defence that will see $195 billion spent over the next 10 years on defence capabilities including additional P-8 maritime surveillance aircraft and new armed and ship-based unmanned aircraft. Headlining the capability acquisitions is the gover...
