The Supervisory Board of Zodiac Aerospace Group met on November 23, 2015 and approved the financial statements for fiscal year 2014/2015 (September to August). FY2014/2015 was marked by the difficulties faced by the Group's Aircraft Interiors business, and in particular the growth crisis experienced by the Zodiac Seats segment. These difficulties have led to a drop in Current Operating Income....
On November 16 the U.S. began issuing international security notams under the accountability/location identifier of KICZ, replacing the use of ZZZ, which are no longer valid. Reference to flight information regions (FIRs) will also employ KICZ. The use of KFDC remains unchanged. However, the identifier of KICZ as the FIR in a notam’...
VistaJet, partnering with Priester Aviation, has expanded its services with the introduction of the Challenger 350 to its U.S. fleet. Priester Aviation is operating three VistaJet-owned Challenger 350s for VistaJet’s Flight Solutions Program. VistaJet is the agent for customers of the program. Europe-based VistaJet announced plans in late 2013 to expand into...
The Boeing B-52H is the vintage bomber that just won’t quit, and now the Cold War-era “Stratofortress” is being outfitted with one of America’s newest and longest-range conventional cruise missiles. Lockheed Martin has been put on contract to arm the 54-year-old aircraft – which has outlived many of those who predicted its retirement – with the extended-range...
Boeing and EVA Airways today finalized a historic order for up to 24 787-10 Dreamliners and two 777-300ER (Extended Range) jetliners. The order, valued at more than $8 billion at current list prices, marks the largest single commercial airplane purchase in Taiwan aviation. "EVA participated in development of the Boeing 777-300ER and became a launch customer in 2005...
Ethiopian Airlines, Africa's largest carrier, wants to buy 10 narrowbody planes and is considering Canada's Bombardier and Brazil's Embraer jets among others, as it plans to nearly double its fleet between now and 2025, chief executive Tewolde Gebremariam said Monday. Tewolde, speaking on the sidelines of a global aviation forum in Montreal, said that he is visiting Bombardier's...
Philippine Airlines Inc (PAL) is in talks with Airbus Group SE and Boeing Co to buy as many as 12 aircraft and will decide on the purchase before the end of the year, the flag carrier's President Jaime Bautista told Reuters. PAL in August had said it was planning to buy eight planes, but Bautista said the amount had increased to cater to growing demand for long-haul flights to the Unit...
Jet Airways (9W, Mumbai Int'l) will close its Brussels National scissors hub in late March of next year citing its unprofitability Belgium's Standaard newspaper has said. The report says the airline has already informed its thirty-three Brussels based staff (twenty-five Belgians and eight Indians) of the decision. Established in 2007, Jet Airways uses Brussels to connect Delhi Int&...
Red Wings (Russia) (WZ, Moscow Vnukovo) Chief Executive Officer (CEO) Evgeny Klyucharev has confirmed his airline is in talks with lessor Ilyushin Finance Co. to take over three Tu-214s formerly in service with Transaero Airlines (UN, Moscow Vnukovo). The three aircraft -- RA-64509 (msn 42305009), RA-64518 (msn 42305018), and RA-64549 (msn 42305013) -- have been parked at Moscow Domodedovo...
Zhejiang Loong Air (GJ), a regional carrier based in Hangzhou, has filed an application to the Civil Aviation Administration of China (CAAC) for launching an international all-cargo service from Zhengzhou to Vladivostok, Russia on January 11, 2016. Pending government approval, Loong Air will operate the Zhengzhou-Vladivostok cargo service on daily basis starting January 11, using Boeing 73...
Tuniu Corp. ended a two-day gain as investors bet a US$500 million investment from HNA Tourism Group Co. won't be enough to turn the company profitable amid competition in China's online travel-booking industry. The American depositary receipts declined 0.8 percent to US$15.59 in New York on Monday after erasing a gain of as much as 7.2 percent. Trading volume of two million was more th...
The protracted search for Malaysia Airlines Flight MH370 will now focus on a specific region within the current search zone based on claims made by a British pilot who flies Boeing 777 planes. The multi-million dollar search for the plane, which went missing in March 2014, has dragged on for months without success. Captain Simon Hardy's theory is reportedly based on an assumption that Fligh...
