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Wizz Air has announced two new services from Castellón to Budapest and Katowice. The new routes provide countless opportunities for leisure and business travellers to plan their trip to these popular destinations. The first WIZZ flight took off from Spain in May 2004 and since then the airline has continuously increased its network, offering now a total of 55 routes to 10 countries from 12 Spanish airports.
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With the Federal Aviation Administration (FAA) confirming the country’s complicity with international safety standards, Vietnamese airlines have been granted access to the U.S. commercial aviation market, allowing the country’s carriers to both fly to the U.S., and also codeshare with American carriers. Vietnamese airlines that will now be able to fly to the U.S. include Vietnam Airlines JSC, Bamboo Airways and VietJet Aviation JSC. There is an immediate concern that Vietnamese airlines may struggle to make routes to the U.S. profitable owing to a lack of high-paying business travelers. According to Reuters, Bamboo Airways Chairman Trinh Van Quyet confirmed that Read more
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Pratt & Whitney has delivered the GTF™ PW1900G production engines for the E195-E2 aircraft at Embraer’s E2 final assembly line in Brazil. The E195-E2 is expected to enter into service in the second half of 2019 with Azul Brazilian Airlines. Embraer’s E190-E2 aircraft, which is also powered by the Pratt & Whitney PW1900G engine, entered service in April 2018 with Widerøe, followed by Air Astana in December 2018. In addition to being selected as the exclusive propulsion system for the E2 commercial aircraft, Pratt & Whitney’s APS2600E auxiliary power unit (APU) is the sole-sourced APU for the E2 family. The Read more
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FedEx Corp. has appointed Raj Subramaniam President and Chief Operating Officer, effective March 1. This appointment follows David J. Bronczek’s personal decision to retire as President and Chief Operating Officer and from the Board. Subramaniam will continue to serve as President and CEO of FedEx Express and will also serve as co-president and co-CEO of FedEx Services. Subramaniam has been with FedEx for more than 27 years and has held various executive level positions in several operating companies and international regions.
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Nordic Aviation Capital (NAC) has delivered one ATR 72-600, MSN 1464, to Far Eastern Air Transport Corporation (FAT) on lease. Far Eastern Air Transport (FAT) is a privately-owned airline providing scheduled international passenger and cargo services from its Taipei base to destinations in China and Taiwan, as well as scheduled domestic services linking Taipei and Kaohsiung with regional cities. Domestic and international charter flights are also offered.
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BA CityFlyer, the British carrier, is providing a nonstop connection between Munich and London City Airport. Passengers can depart daily for the UK capital with an Embraer E190 airliner. The flight takes around two hours. Munich is now connected to five London airports. Employees of BA CityFlyer and Munich Airport celebrated the inaugural flight with a traditional ribbon-cutting ceremony.
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Finnair has reported that full year 2018 revenue increased by 10.4% to €2,834.6 million. Available seat kilometres grew by 14.8% and the passenger load factor was 81.8%, down 1.5 points compared to full year 2017. Comparable operating result was €169.4 million compared to €170.4 million in 2017. Operating result was €207.5 million compared to €224.8 million compared to full year 2017. Net cash flow from operating activities was €383.1 million and net cash flow from investing activities was €-194.0 million. Unit revenue decreased by 3.9%. Unit revenue at constant currency decreased by 2.6%.
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Airbus has signed a new Flight Hour Services (FHS) contract with soon-to-be A350 XWB operator Japan Airlines (JAL). Airbus is welcoming JAL into its FHS Components Services programme for its new fleet of 31 A350-900 and A350-1000 aircraft. Airbus FHS will provide fully integrated component services including spare pool access, on-site-stock replenishment at the main base and components repair. Through FHS, Airbus offers airlines its extensive and proven expertise in fully integrated maintenance services, and the advantage of its OEM expertise as well as one single interface to manage their whole fleets and associated component support operations.
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Air Canada has reported full year 2018 EBITDAR of CA$2.851 billion compared to full year 2017 record EBITDAR of CA$2.928 billion. Air Canada reported an EBITDAR margin of 15.8%, in line with its projections. Air Canada reported 2018 operating income of CA$1.174 billion compared to 2017 operating income of CA$1.371 billion. Adjusted pre-tax income amounted to CA$952 million in 2018 compared to adjusted pre-tax income of CA$1.165 billion in 2017. On a GAAP basis, the airline reported net income of CA$167 million in 2018 compared to net income of CA$2.029 billion in 2017. The decrease of CA$1.862 billion in net Read more
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Amman based MRO Joramco, the engineering division of Dubai Aerospace Enterprise (DAE), has obtained EASA Part-145 approvals for two additional aircraft types, Boeing 737 MAX and Airbus A320neo. This is the third additional approval during the last six months following receipt of EASA Part-145 approval for Boeing 787 in September 2018. Firoz Tarapore, Chief Executive Officer of DAE commented: “The addition of these approvals marks a significant milestone in Joramco’s transformation journey led by Joramco’s CEO, Jeff Wilkinson. It reaffirms Joramco’s commitment to excellence, allows us to deepen our existing customer relationships and supports DAE’s vision of expanding Joramco’s capabilities Read more
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