Alaska Air Group’s traffic down in February

Alaska Air Group has reported February operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines and for its regional flying operated by subsidiary Horizon Air Industries and third-party regional carriers SkyWest Airlines and Peninsula Airlines, a subsidiary of RAVN Air. As a result of unusual winter weather in the Pacific Northwest in the month of February, the group’s operation experienced significant challenges. On a combined basis for all operations, Air Group reported a 2.0% decrease in traffic on a 1.9% decrease in capacity compared to February 2018. Load factor decreased 0.1 points to 79.3%.

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ASM’s Lee Lipton appointed Senior Vice President, Aviation Strategy

Lee Lipton

Airport Strategy and Marketing (ASM) a global consulting firm dedicated to supporting airports, airlines, tourism authorities and governments with the development of new air routes, has appointed Associate Consultant, Lee Lipton Senior Vice President, Aviation Strategy. Based in Vancouver, Canada, Lipton will continue to support ASM’s worldwide client base and global network providing air service development and marketing services to the world’s airports and air transportation stakeholders. In his expanded role, Lipton will be helping drive ASM’s strategy and growth with an expanded footprint. He’ll continue to work with airport investors, operator groups, financial institutions and airport construction companies, as Read more

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FPG Amentum and FPG arrange the acquisition of an A320-200 on lease to ANA Holdings

Tokyo-headquartered financial services firm Financial Products Group and FPG Amentum, the Dublin-based aircraft leasing/management company, have acquired an Airbus A320-200. The aircraft was bought from another lessor at delivery from Airbus and is on lease to ANA Holdings.

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Macquarie Infrastructure and Real Assets reaches agreement to sell 36% stake in Brussels Airport

©Brussels Airport

Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 1 (MEIF1) and Macquarie European Infrastructure Fund 3 (MEIF3), has reached an agreement to sell its 36% interest in Brussels Airport Company (Brussels Airport) to a consortium of APG, QIC and Swiss Life. MEIF1 and MEIF3 are closed-end funds that have reached the end of their investment terms. During MIRA’s long-term investment, Brussels Airport has been transformed into a leading European transport and logistics hub. The airport now contributes more than €3.2 billion in added economic value to Belgium each year and is one of the largest sources of Read more

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Lufthansa Group Adjusted EBIT for 2018 only slightly below prior year

Lufthansa reported that total Group revenues for 2018 were a six-percent increase on the previous year. Burdened by the first-time application of the IFRS 15 accounting standard, total revenues were one percent up on 2017, at EUR 35.8 billion. The Adjusted EBIT for the year of around EUR 2.8 billion was only slightly below the record EUR 3.0 billion of the previous year, despite an increase of some EUR 850 million in fuel costs and EUR 518 million of expenses incurred through delays and cancellations (up a substantial 70 percent from the EUR 304 million of the prior year). In Read more

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Ryanair Sun To Be Rebranded As Buzz

Buzz ©Ryanair

Ryanair Sun will rebrand as Buzz in autumn 2019, operating on a Polish Air Operator’s Certificate (AOC). Ryanair Sun, a standalone business unit of the Ryanair Group, obtained its Polish AOC certificate at the beginning of 2018 and started operating for leading Polish tour-operators in summer 2018 with a fleet of 5 aircraft. Buzz’s fleet currently includes 17 aircraft, growing to 25 aircraft in summer 2019. Buzz will continue providing charter services and operating scheduled Ryanair flights and will launch its own website and app in autumn 2019. Buzz is one of 4 airlines of the Ryanair Holdings Group, alongside Read more

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Airbus starts ship-to-shore trials with Skyways parcel delivery drone

Airbus Skyways drone lifting off ©Wilhelmsen

Airbus has begun shore-to-ship trials in Singapore with its Skyways parcel delivery drone. This marks the first time drone technology has been deployed in real port conditions, to deliver a variety of small, time-critical maritime essentials to working vessels at anchorage. The maiden shore-to-ship delivery flight was made to the Swire Pacific Offshore’s Anchor Handling Tug Supply vessel ‘M/V Pacific Centurion’, 1.5km from the shoreline of Singapore’s Marina South Pier, carrying 1.5kg of 3D printed consumables.  Landing safely on the ship deck and depositing its cargo to the shipmaster, the Skyways unmanned air vehicle swiftly returned to its base, with Read more

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Greene Tweed Launches Fusion™ 665, an Ultra-Low-Temperature FKM

Greene Tweed’s Fusion™ 665, a new generation, ultra-low-temperature and chemical-resistant elastomer, was specifically formulated to meet and exceed the requirements of Aerospace Material Specification (AMS) 7379 and AMS-P-83461. With a temperature range of -70°F to 450°F (-57°C to 232°C), Fusion™ 665 achieves outstanding low-temperature performance without compromising high-temperature performance. “Prior to Greene Tweed’s Fusion™ 665, elastomer material composition resulted in trade-offs,” said Wally Hajduczek, Sealing Systems Product Manager for Aerospace, Defense, and Life Sciences. “Achieving optimal low-temp performance meant sacrificing high-temperature operating range, chemical compatibility, or dynamic sealing performance. Fusion™ 665 was developed to overcome existing limitations of comparable materials, Read more

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Charlie Carroll Joins C&L Aviation Group as Avionics Sales Manager

Charlie Carroll has joined C&L Aviation Group as Avionics Sales Manager as the company looks to further market their ADS-B solutions, Cabin Management Systems, Wi-Fi Connectivity, FANS-1A, (SBAS)-Flight Management Systems Cockpit Upgrades, Controller-Pilot Data Link Communications (CPDLC), and more to customers. Carroll will oversee avionics installation sales for large-cabin business jets and regional aircraft while also guiding systems integration and program management. Carroll brings with him extensive knowledge of avionics systems, with over 35 years of experience working in the industry. Previous to his employment with C&L, Carrol was Director of Sales with Precision Aircraft Services and the US Southeast Read more

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Embraer fourth-quarter results – major loss reveals executive jet concerns

Embraer SA, the Brazilian plane maker, has reported an unexpected fourth-quarter loss due to a write down in its underperfoming executive jets division. The results have subsequently cast even greater concern over the company’s decision to sell off 80% of its profit-making commercial jet unit to Boeing. The US$18.1 million fourth-quarter loss was primarily due to the US$61.3-million write down for spending on research and development for the ‘Legacy’ line of jets which have underperformed where anticipated sales are concerned. The originally anticipated return was US$8.4 million based on a Refinitiv poll of six analysts. With the defense arm of Read more

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