Author: avitrader_3ojmsx

Ryanair fined heavily by Italian Competition Authority over mass cancelations

Ryanair has been fined €1.85 million (US$2.19 million) by the Italian competition authority AGCM in relation to the mass cancelation of flights. AGCM confirmed that it launched the action as a consequence of “incorrect commercial practice” which resulted from the cancelation of thousands of flights owing to “organizational and management problems.” The fine is not purely for the fact that the flight cancelations were as a result of administrative failings as opposed to unforeseen problems beyond the carrier’s control, but also the failure of Ryanair to correctly inform affected passengers of their right to financial compensation. Instead of being made Read more

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Jet Aviation agrees to acquire Hawker Pacific in US$250m deal

Jet Aviation acquires Hawker Pacific, Photo: Jet Aviation

It has been announced that Jet Aviation has signed a binding agreement to acquire Hawker Pacific for US$250 million. Commenting on the deal, Rob Smith, president of Jet Aviation commented: “The acquisition of Hawker Pacific represents a significant step in expanding our footprint, capability and customer offer across Asia Pacific and the Middle East. “Hawker Pacific has a wide range of services including Civil MRO, Fleet Services, FBO Network and Aircraft Sales,enabling Jet Aviation to further expand its current portfolio, enter new markets, and reinforce the company’s position as one of the world’s leading business aviation service providers.” Alan Smith, Read more

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EASA Releases Formal Opinion on Safe Small Drone Operating

The European Aviation Safety Agency (EASA) has released the first formal Opinion on the safe operating of small drones in Europe and which will become an important stepping-stone to the building of a wider regulatory framework and a means to keep drone operations safe. This Opinion will act as a platform on which the European Commission can adopt regulatory proposals later on in the year. The European Commission has already chaired a meeting with EU Member States on February 21. According to EASA’s Executive Director Patrick Ky, “This regulation will enable the free circulation of drones and a level playing Read more

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Russia muscles in on Iran as U.S. Sanctions Slow Down Airbus and Boeing Deals

The arrival of a Russian-built Sukhoi Superjet 100 at Tehran’s Mehrabad International Airport on Monday February 12 has signaled the beginning of a renewed offensive by Russia to find new customers for its commercial passenger jet. The timing is seen as particularly opportune. Since the lifting of the majority of international sanctions in January 2016, Iran’s airlines have placed aircraft orders with plane manufacturers such as Boeing, Airbus and ATR totaling tens of billions of dollars. However, since then, the country has seen the delivery of only three Airbus jets, none from Boeing, and 11 turboprop planes from ATR. The Read more

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SWISS Selects Pratt & Whitney Geared Turbofan™ engines to power new fleet of Airbus A320neo and A321neo aircraft

Swiss International Air Lines (SWISS) has selected Pratt & Whitney Geared Turbofan™ (GTF) engines to power 15 total Airbus A320neo and A321neo aircraft. Deliveries are scheduled to begin in 2019. SWISS currently operates a fleet of 15 GTF-powered Bombardier C Series aircraft, including both the CS100 and CS300 models, with another 15 aircraft on order.

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All Nippon Airways signs for Integrated Material Services (IMS) solution from Satair

All Nippon Airways (ANA) of Japan has signed a multi-year IMS contract with Satair, an Airbus services company, for a long-term, fully integrated end-to-end supply chain package, covering expendable material for the airline’s continuously growing 18-strong A320 family fleet, comprising A320CEO and NEO and A321CEO and NEO. The service from Satair commenced in December 2017 and includes planning, sourcing, purchasing, logistics and inventory management covering some 15,000 part numbers with a possible increase in the part number scope to follow. The coverage includes all expendables materials needs of ANA. A collaborative on-site team consisting of both Airbus/Satair and ANA staff Read more

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FL Technics lands new client from Lufthansa group: Eurowings Europe

FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, has signed an agreement with Eurowings Europe, member of Lufthansa Group. As it is agreed, Eurowings Europe will receive extended services of base maintenance, engineering and DOA for the next 5 years. “The first aircraft already landed in Kaunas, Lithuania. We have already started taking care of it and we’re looking forward to welcome the other scheduled planes in our hangars,” said Zilvinas Lapinskas, CEO of FL Technics.

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traffic

IAG reported that Group traffic in January increased by 3.2% versus January 2017, while Group capacity rose by 2.8% year over year. Group load factor increased 0.2 points to 78.4%. Norwegian’s January total traffic increased by 29% and capacity increased by 30%. The load factor for the month was 82%, down 1.0 point. SAS’ scheduled traffic in January decreased 7.1% and capacity was up 0.3%. The load factor decreased by 5.1 points versus last year to 63.9%. Ryanair has reported that traffic for January 2018 increased 6% to 9.3m customers, while the load factor for the month rose 1 point Read more

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Norwegian and Spanish pilot union SEPLA sign collective agreement

Norwegian and Spanish pilot union SEPLA have signed a comprehensive collective bargaining agreement (CBA) on February 8. The CBA will be valid for two years and represents an important step forward in one of the company’s most important markets. Earlier this week, Norwegian also signed a CBA for its long-haul crews based in Italy. Spain is Norwegian’s second-largest market in passenger volume and the largest in number of staff.

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Break-up Heathrow monopoly to cut costs, says IAG

Heathrow’s monopoly should be broken-up with the ability for terminals to be run by third parties, creating competition and lower costs for customers, says International Airlines Group (IAG). In a submission to the Civil Aviation Authority (CAA), IAG says that Heathrow’s expansion provides a great opportunity for independent companies to design, build and run commercial facilities like terminals. Competition would provide better facilities more economically and ensure customer charges do not rise to pay for new infrastructure. It would also generate better financing options for new infrastructure providing greater transparency and, consequently, lower risk. Currently, the airport’s investment is funded Read more

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