The Civil Aviation Administration of China (CAAC) has approved the launch of Hangzhou-based CDI Cargo Airlines.
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Singapore Airlines parent SIA Group reported a net profit of S$374 million ($298.2 million) for the first nine months of its April 1-March 31 fiscal year, down 59% from S$921 million in net income in the year-ago period.
Link to the original site No tags for this post. Allegiant Travel Co., parent of the airline, reported a fourth-quarter 2011 net profit of $10.8 million, down 12.7% over $12.4 million earned in the year-ago period.
Link to the original site No tags for this post. AirAsia Japan, the joint venture between AirAsia and All Nippon Airways (ANA) has received its Air Operators’ Certificate (AOC) from the Civil Aviation Bureau of the Ministry of Land, Infrastructure, Transport and Tourism.
Link to the original site No tags for this post. Iberia (IB) is facing a further five days of industrial action this month by ground staff, cabin crew and pilots to protest the possible impact on their jobs from plans to create low-cost carrier Iberia Express (ATW Daily News, Jan. 25).
Link to the original site No tags for this post. Unions for pilots, cabin attendants and ground workers in France have called for strike action from Feb. 6 through Feb. 9 to protest a bill going before the French senate that would obligate each employee planning to strike to give 48 hrs.’ notice. The new bill was voted by the national assembly Jan. [...] Atlas Air Worldwide Holdings (AAWH) announced its Atlas Air unit has entered into an $865 million term-loan facility with Apple Bank for Savings, guaranteed by the Export-Import Bank of the United States, to finance the company’s six remaining Boeing 747-8F aircraft deliveries (ATW Daily News, Sept. 23, 2011). The aircraft are expected to be [...] Boeing on 30 January completed the maiden flight of its first 747-8 Intercontinental, which is destined for a private Boeing Business Jet customer. The flight, operated by Boeing test pilots, was conducted to evaluate the aircraft’s systems. Additional test and customer flights will follow. Registered A7-HHE for its Qatari Government customer, the aircraft [...] EasyJet will make a decision on its fleet strategy by the end of the year, according to its head of fleet and central procurement Chris Essex. Explaining… Link to the original site No tags for this post. Garuda Indonesia is set to confirm an order for Bombardier regional jets in the next few weeks, most likely at the Singapore Airshow on 14-19 February. Indonesia’s… Link to the original site No tags for this post. Legislation nearing completion in the US Congress will require the US Federal Aviation Administration to initiate a rulemaking within one year to mandate… Link to the original site No tags for this post. In a February 1 letter to American Airlines employees, company chairman and CEO Thomas Horton identified $1.25 billion in annual employee-related cost reductions—estimated to involve between 12,000 and 14,000 job cuts—among a list of some $2 billion worth of annual cost-savings initiatives that include restructuring debt and leases, grounding of older airplanes and improving [...] Hawker Beechcraft Global Customer Support has released its 2012 Quick Response Team special events schedule. The OEM provides on-site technical expertise and immediate support to owners and operators at popular business, political, sporting and lifestyle events around the world. The 2012 events include: Super Bowl XLVI (February 5); Daytona 500 (February 26); Masters Golf [...] Abu Dhabi-based Strata Manufacturing, a composite aerostructures company, recently graduated 62 Emirati nationals–60 women and two men–from an intensive 10-month course that provides the students with the core competencies needed to become composite aircraft technicians. The course forms part of a longer 22-month program of study that includes on-the-job training at Strata, Mubadala Aerospace’s [...] Savoy, Ill.-based Flightstar has purchased the assets of Bloomington Avionics. Under the terms of the agreement the staff at Bloomington Avionics, as well as its assets and services, will transfer to Flightstar’s FBO facility at Champaign-Urbana’s University of Illinois-Willard Airport. Bloomington Avionics operated for more than 30 years at Central Illinois Regional Airport in [...] |
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