Norwegian reported its first quarter results. The quarter was characterized by reduced costs, increased revenue and significantly improved on-time performance. The net loss was NOK 1,489 million, while the company’s unit cost excluding fuel decreased by 8 per cent during the same period. The total revenue was NOK 8 billion, up 14 per cent. Norwegian’s key priority is returning to pr...
The maiden flight of a Garmin integrated flight deck in a supersonic F-5 fighter aircraft was celebrated recently. In just under six months, Tactical Air completed the engineering design, installation and first flight with the G3000™ integrated flight deck and dual Garmin touchscreen controllers (GTCs). The G3000 in the F-5 is expected to be ready to perform adversary training for the U...
Aeroflot has been once again recognised as the Favourite International Airline in China. The prestigious award was given to Aeroflot for the third consecutive year at the Flyer Award Ceremony 2019. The award ceremony was held today in Shanghai, the economic capital of China. The awards are supported by the Civil Aviation Administration of China (CAAC) inflight magazine...
Etihad Cargo celebrates its position as a market leader in the air cargo digitalization and innovation space six months after migrating to a new technology platform, achieving a remarkable step change in the way it runs its operations and engages with its customers. Last year, the carrier embarked on a strategy that saw the i...
Company’s First Unsecured Syndicated Term Loan Facility CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the closing of a $525 million unsecured credit facility, which marks the company’s first such syndicated transaction. “This inaugural credit facility is an important...
In order to enhance Customer Support in Africa and the Middle East, Bombardier Commercial Aircraft will relocate its Q Series aircraft regional support team from Lanseria International Airport to Airways Park, close to O.R. Tambo International Airport. This move will co-locate the regional support team for the Q Series aircraft with Bombardier’s longstanding customer, South African...
"The 8thCivil Avionics International Forum" was successfully held in Shanghai on April 16th-17th. The conference was hosted by Chinese Society of Aeronautics and Astronautics, Chinese Aeronautical Establishment; guided by the Department of Equipment Industry, Ministry of Industry and Information Technology, Airworthiness Certification Department of Civil Aviation Administration of China,...
Four Seasons Hotels and Resorts unveils plans for an all-new Four Seasons Private Jet that will take flight in early 2021. A new A321LR aircraft, part of the new Airbus NEO family, is being fully customised by Four Seasons and tailored to the continually evolving vision of its industry-first Private Jet experience. The concepts embodied in the current Four Seasons...
Eviation Aircraft announced it has selected magniX, the company powering the electric aviation revolution, to provide its 375 horsepower magni250 propulsion system for Eviation's Alice nine-seater plane. The magniX propulsion system will be one of two propulsion options for Eviation customers to choose. magniX joins an expanding pool of industry-leading partners that will play a key role...
The maintenance division of Germany’s FAI Aviation Group, FAI Technik GmbH, received FAA approval for its EASA Part 145 licence. With the certificate in place, the company is fully authorized to perform maintenance, repair and overhaul on US registered business aviation aircraft at its Albrecht Duerer Airport headquarters in Nuremberg. This latest licence follows sim...
The used business jet market is in flux as a result of political uncertainties, increased availability of good pre-owned inventory, and limited access to pre-buy inspection facilities due to a higher demand for ADS-B conversions and retrofits, said Mente Group President and CEO Brian Proctor. "As a result, we are beginning to see decreasing market values in what were relatively strong sect...
Silver Airways Made History with First New ATR-600 Series Flight in United States, first time ATR-600 operated by U.S. carrier and first time a U.S. independent regional flying airline has taken delivery of a new aircraft in many decades! The first ATR aircraft (N400SV, serial number 1214) was christened “Mile Marker Zero” in honor of the iconic Key West landmark in a Silver Ai...
