American Airlines October traffic grew 1.5% year over year

American Airlines reported an October load factor of 77.1% (74.9% in 2004). Traffic grew by 1.5% year over year, on a 1.5% reduction in capacity. The airline reported 10,873 million RPM (10,717 in 2004). International traffic increased by 4.4% relative to last year, on a capacity increase of 4.7%. Domestic traffic was essentially flat compared with last year despite a 4.6% reduction in capacity. American boarded 7.7 million passengers in October.

Email Post to a Friend Email Post to a Friend

Third A380 performs first flight

Airbus’ third A380, MSN 2, performed its first flight on 3rd November. The flight lasted three hours and took the aircraft over Southern France. During the flight, all systems were checked out and the whole flight envelope was cleared. The tests performed were similar to those of a serial production plane. The aircraft joins the first two A380s which, together, have already performed some 440 test flight hours in over 120 flights. These three development aircraft are powered by Rolls-Royce Trent 900 engines.

Email Post to a Friend Email Post to a Friend

Ryanair Dublin pilots each receive EUR50,000 share option windfall

Ryanair confirmed that many of its Dublin pilots will exercise share options which at the current share price have a profit of approx. EUR50,000 each. These share options (which formed part of the 5 year pay, benefit and share option scheme collectively negotiated directly between the Dublin pilots and the airline in November 2000) fall due to be exercised at the end of November. The total value of the shares held by each qualifying pilot under the scheme are presently valued at over EUR175,000.

Email Post to a Friend Email Post to a Friend

Russia's Volga-Dnepr Group orders two Boeing 747-400ER freighters

AirBridge Cargo Airline of Russia has ordered two 747-400ER freighters from Boeing. The aircrafts, with a list price value of $450 million, are scheduled for delivery in October 2007 and February 2008 and will be powered by General Electric CF6-80C2B5F engines. AirBridge Cargo currently operates two Boeing 747-200F and one Boeing 747-300. The company is considering different aircraft types to support the strategic development of its route network. AirBridge Cargo plans to operate a mixed fleet of Boeing 747 freighters on trunk routes and Russian-built Ilyushin-76, AN-12 or Tupolev 204 freighters on regional feeder flights. Looking forward AirBridge Cargo will Read more

Email Post to a Friend Email Post to a Friend