Air Transport Aircraft & Propulsion
Aug 01, 2008
United Airlines' decision to ground all of its 737 Classics in the coming months, a total of 94 aircraft (ATWOnline, June 5), is expected to have a significant impact on lease rates for the type, Genesis Lease Ltd. CCO Cian Dooley confirmed. Speaking to ATWOnline at the recent Farnborough Airshow, Dooley said he "would not be surprised to see Classic lease rates drop 10% over the next 12-18 months." Rates for A320s older than 10 years also may be affected.
Aug 01, 2008
Hawaiian Airlines parent Hawaiian Holdings, benefiting from a legal settlement with Mesa Air Group and the abrupt collapse of two competitors, posted second-quarter net income of $54.3 million, reversed from a net loss of $3.9 million in the year-ago period.
Jul 31, 2008
Lufthansa Group yesterday released details of its second-quarter performance, confirming both the €345 million ($541.6 million) profit that fell 21.2% year-to-year and the significant contributions of its Swiss International Air Lines subsidiary. Group revenue rose 20% to €6.47 billion and operating profit slipped 6.2% to €530 million from €565 million in the second quarter of 2007.
Jul 31, 2008
Rockwell Collins will provide Airbus with information management and navigation capabilities for A350 XWBs under a deal announced yesterday. Contract calls for RC's Information Management Onboard solution and includes a standard Class 2 electronic flight bag interface and provision of a hardware platform and system software and integration. RC also will provide navigation system components for A350s, including ADF-900, DME-2100 and VOR-900.
Jul 31, 2008
Airbus parent EADS reported first-half net income of €403 million ($632.7 million), a better-than-fivefold increase over a €71 million profit in the year-ago period, but said that owing to the declining value of the US dollar it will unveil a revamped restructuring plan later this year called Power8Plus.
Mar 24, 2015
Germanwings is a low-cost-carrier based in Cologne, Germany, founded in 2002. It is a subsidiary of Lufthansa Group.
Mar 24, 2015
RwandAir, the flag carrier of the central African state of Rwanda, signed a memorandum of understanding (MOU) for two Airbus A330s, signaling a move into the long-haul market.
Mar 23, 2015
Middle East lessor Palma Holding has signed a firm purchase agreement for a single Bombardier Q400 NextGen, to be placed with RwandAir.
Mar 23, 2015
A Hainan Airlines Boeing 737-800 has completed China’s first passenger flight with sustainable biofuel made by Sinopec from waste cooking oil collected from restaurants in China.
Mar 20, 2015
The fifth and final test vehicle for the initial CS100 version of Bombardier’s CSeries airliner has begun flying, but additional aircraft will be used in the test program in a bid to meet the target of certification toward the end of the year.
Mar 20, 2015
KLM Royal Dutch Airlines has postponed the delivery of two of its Boeing 787-9s, together with a batch of new routes.
Mar 20, 2015
Ask Airbus-VP cabin marketing, innovation & design Ingo Wuggetzer about the current cabin innovation that has the most staying power and he apologizes for giving a “dull” answer: efficient use of space.
Mar 19, 2015
Ethiopian Airlines CEO Tewolde Gebremariam has confirmed to ATW the East Africa-based carrier is in discussions with Boeing about taking six of 10 overweight Boeing 787s, which has been in storage for several years.