Just when you thought it was safe to assume the fight between American Airlines and GDSs had settled there comes a new attack by American on Orbitz. It didn’t take long after American and Expedia reached a deal, in which it seemed that Expedia blinked, for the airline to go after Orbitz and Travelport...
In another action in the ongoing war over ticket and fares distribution, American Airlines has moved to file a civil antitrust lawsuit against Travelport and Orbitz Worldwide. The lawsuit is aimed at stopping what American has labelled "exclusionary and anti-competitive" business practices of the defendants...
A&F Aviation Co, the LCC JV being established by All Nippon Airways, has submitted documents required for an Air Operators Certificate application to the Japanese Civil Aviation Bureau. This is the first of a number of milestones for A&F Aviation as it accelerates its start-up activities in preparation...
Grupo Aeromexico reportedly raised MXN3.4 billion (USD288.2 million) before an over-allotment option in its IPO. The airline priced the shares at 31 pesos each and sold 109 million shares before the over-allotment option.
Shares in Aer Lingus and Ryanair rose yesterday, as the Iseq gained 29.5 points and airline stocks benefited from the retreat in oil prices. Aer Lingus shares were 6.7% higher and Ryanair gained 0.9%. Aer Lingus shares have given up more than 25% this year.
Stocks in Indian infrastructure and airport companies, GVK Infrastructure and GMR Infrastructure, led a better day for airport shares, gaining 2.9% and 3.6% respectively. GMR Group confirmed it will raise USD150 million for its airport unit, through three private equity firms, with the consortium to...
South Korea's Incheon International Airport Corp and The Shilla Duty Free have forecast the world's first Louis Vuitton airport boutique, scheduled to open at Incheon International Airport in Sep-2011 could generate sales of USD100 million in its first year.
Chinese airlines have placed orders for 35 E190 aircraft from Embraer, with a formal purchase agreement signed earlier this week. Hebei Airlines ordered 10 E190s, for delivery from Sep-2012, while China Southern Airlines will purchase another 20.
Shares in Chinese airlines spiked on Wednesday, lead by a 8.1% gain by China Southern Airlines and a 7.4% increase in the stock of China Eastern Airlines. Air China shares were up 6.4% as almost all airline shares in the region traded strongly.
Aviation analyst Richard Aboulafia was the inaugural speaker when the Wichita Aero Club formed in late 2008. At that time, the industry decline was just beginning. More than two turbulent years later, Aboulafia made a repeat appearance at the organization’s monthly luncheon on Tuesday, April 12,...
Cessna Aircraft Co. opens its exhibit in China for the Shanghai International Air Show as one of the leading general aviation companies in the country in terms of deliveries, according to company officials. Read more... ===> Posted on April 13, 2011 by Janice Wood. No comments. © GAN 2011
Governor Susana Martinez of New Mexico signed into law House Bill 12 on April 6, which adds “operation of aircraft” to the state’s existing Recreational Use Statute. “This is a great step for recreational pilots, the backcountry, and of course, the state of New Mexico,” said New...
Europe’s biggest GA air show, AERO in Friedrichsafen, Germany, kicks off today, with most of the movers and shakers in the United States’ GA industry attending. The show, which runs through April 16, features 550 exhibitors from 26 countries, as well as forums, product demonstrations, and...
On Thursday, 20 students enrolled at the North Valley Occupational Center, a division of the L.A. Unified School District that provides adults affordable technical and career training, will gain hands-on work experience shadowing Van Nuys Airport (VNY) employees engaged in a variety of trade and professional...
ConocoPhillips has reached a multi-year agreement to be the sponsor of AirVenture’s “West Ramp” marquee attraction area, formerly known as Aeroshell Square, which will now be known as ConocoPhillips Plaza. EAA AirVenture will be held July 25-31 at Wittman Regional Airport in Oshkosh. Read more...
Discovery flights, performances from local students, sports clinics, and Willie the Wildcat will all be part of K-State Salina’s Open House, Saturday, April 16, 9 a.m.-3 p.m., at Salina Airport (SLN) in Kansas. Read more... ===> Posted on April 13, 2011 by Janice Wood. No comments. © GAN 2011...
WASHINGTON, D.C. – Effective immediately, the FAA will place an additional air traffic controller on the midnight shift at 27 control towers around the country that are currently staffed with only one controller during that time. Read more... ===> Posted on April 13, 2011 by Janice Wood. No comments...
Air Canada is drawing up a business plan to launch a new leisure LCC as a competitive response to its low cost rivals in the Canadian market, according to reports in the Globe and Mail. LCCs, led by WestJet and including Porter Airlines, Air Transat and Sunwing Vacations, have been growing at a faster...
Erik Lindbergh, the grandson of Charles and Anne Morrow Lindbergh, is adding his support for electric aircraft development by some of aviation’s “first families,” including members of the Wright, Zeppelin, Piccard, Dornier, Sikorsky and Lindbergh families, along with HSH Prince Albert II of Monaco...
With 22 aircraft on lease to Asian carriers, Pembroke Group CCO Kieran Corr believes there is strong value in the region and has agreed to acquire a further 11 aircraft in sale and leaseback transactions with Asian carriers. In this exclusive CAPA interview, the CCO discusses the company’s strong...
Grey Owl Aviation Consultants is offering two Human Factors Workshops during May in Titusville, Fla. Read more... ===> Posted on April 13, 2011 by Janice Wood. No comments. © GAN 2011
This April 2009 accident report is provided by the National Transportation Safety Board. Published as an educational tool, it is intended to help pilots learn from the misfortunes of others. Aircraft: Cessna 210. Injuries: 1 Fatal. Location: Edinburg. Texas. Aircraft damage: Destroyed. What reportedly...
LCC start-ups dominated airline news this week. Air Canada revealed it is drawing up a business plan to launch an LCC in response to its fast-growing low-cost rivals such as WestJet, Porter Airlines, Air Transat and Sunwing in the Canadian market, according to reports.
Kenya Airways and Boeing reached (14-Apr-2011) a settlement agreement on the delayed delivery of the nine B787-8s. The airline has also re-affirmed its intention to exercise the option of purchasing four more B787-8s after delivery of the first nine aircraft.
British Midland International - now a subsidiary of Lufthansa - has joined the Atlantic Plus-Plus joint venture between Lufthansa, United Airlines, Continental Airlines and Air Canada. The carrier joined on 01-Apr-2011 and fellow Lufthansa subsidiaries Swiss and Austrian Airlines will join on 01-Jul...
Aeromexico raised MRX3.9 billion (USD330 million) in an IPO, selling 109 million shares on 14-Apr-2011 and pricing them at MRX31 (USD2.6) each. The carrier is seeking to consolidate market leadership after its main competitor Mexicana filed for bankruptcy last year.
Airbus may be looking at another big win for the A320neo, with Air France confirming it is considering the aircraft and is talking to Airbus and engine manufacturers. Airbus has secured more than 300 orders and commitments for the re-engined A320 and recently brought forward the launch of the aircraft...
Aeromexico is embarking on a major expansion plan, using the MXN3.89 billion (USD332 million) raised from its initial public offering (IPO). The Aeromexico group, which includes regional carrier Aeromexico Connect and leisure carrier Aeromexico Travel, completed an offering on the Mexican Stock Exchange...
Latin America is a high-potential and high-growth market, with a few key and internationally competitive airlines and a fast-growing LCC segment, which has seen phenomenal growth in Colombia, Brazil and Mexico. Latin America has become a top performer because its carriers have been through an (at times...
As Hal Shevers prepares to celebrate the 50th anniversary of Sporty’s, he shakes his head in disbelief that so much time has passed. “I can’t believe it’s been 50 years,” he says. “But when you are able to pursue your passion, time goes quickly.” What is also hard to believe...
