The recent decision by the U.S. government to re-establish scheduled air service between the U.S. and Cuba is fueling optimism that the remaining travel restrictions will be eased in upcoming months. U.S. Transportation Secretary Anthony Foxx last week signed an agreement with senior Cuban transportation officials that paves the way for renewal of scheduled air servic...
The newest Flagship of SWISS Airlines has arrived to New York, the first revenue transatlantic flight of the airliner. The aircraft touched down at New York’s John F. Kennedy Airport at 16:01 local time (21:01 GMT), operating flight LX14 from Zurich. Interestingly, the first triple seven of the airline wears a special “Faces of Swiss” scheme, in which are depicted the faces of...
This year’s Singapore Airshow proved a major success for MTU Aero Engines: Germany’s leading engine manufacturer secured orders worth over 500 million euros (some 570 million U.S. dollars), scoring high especially with PurePower® PW1000G-family geared turbofan (GTF) engines. “In the commercial engine business, the GTF programs for single-aisle aircraft are...
The legal action between American and its domestic inflight connectivity provider Gogo, pending in Texas for the past 10 days, has been withdrawn by the airline. American filed a Declaratory Judgment Action on February 12, 2016 as a means to force Gogo to acknowledge the carrier’s right to invoke provisions in the parties’ agreement to serve notice that a rival connectivity provider...
Qantas chief executive Alan Joyce has delivered a bumper 2015/16 first half profit, with the Flying Kangaroo’s international operations “going gangbusters” as the lower currency fuels demand for travel into Australia and alliance partners funnel passengers onto a domestic network that is also reporting strong profit growth. The airline group reported statutory net profit after...
Shares of Boeing have slumped more than 20% since late December. The primary culprits have been investor concerns around aircraft demand and -- more recently -- reports of a possible SEC investigation into Boeing's accounting for the 747 and 787 widebody jet programs. At an investor conference last week, Boeing CEO Dennis Muilenberg offered a spirited defense of the company's profit and...
Boeing Co has won an order for 25 current-generation Boeing 737 aircraft from United Continental Holdings Inc (UAL.N), beating rivals including Canada's Bombardier Inc (BBDb.TO) for the second time in a month, two industry sources said on Monday. The deal, which is said to involve the 126-seat 737-700 model, would be worth just over $2 billion at list prices. Boeing and United both...
Aerospace component suppliers HoneywelInternational and United Technologies have held talks about a merger, CNBC reported on Monday, citing people familiar with the situation. A deal would create a company with combined sales of more than $90 billion, combining a maker of jet engines with a supplier of airplane cockpits. United Tech’s shares, part of the Dow Jones industrial...
Messier-Bugatti-Dowty (Safran) signed a contract with Singapore Airlines during the Singapore Airshow to support the landing gear systems on its upcoming fleet of Airbus A350-900 jetliners. The airline’s first A350-900 will start revenue service soon. Since 2008, Messier-Bugatti-Dowty has also provided support services for Singapore Airlines’ A380 super-jumbo jets. This contract giv...
Private air travel is getting the Uber treatment with some of the industry’s biggest customers -- members of the Saudi Royal family -- investing $26.1 million in a company that lets users book private jets from a smartphone. Most private aircraft aren’t used that much, JetSmarter founder Sergey Petrossov, a Russian-born Florida resident, said in an interview. They either stand idled...
Flightworx Aviation are ensuring private owners and operators are ready for August 25, 2016, the date in which the EASA Part NCC ruling takes effect. They are offering free workshops between now and the August deadline to everyone within the industry who requires assistance. Today’s session and all subsequent workshops are being conducted by Flightworx Aviation’s Quality Coordinator...
XTI Aircraft Company (XTI) today announced that it will establish an over-the-counter secondary market so current and future shareholders will have the ability to buy and sell XTI shares on a public market. After garnering $20.6 million in non-binding expressions of interest, the excitement around the TriFan 600 and interest by investors in the company's equity crowdfunding...
