Private Jets Charter News

China's aviation industry to suffer billions in losses from high-speed rail

High-speed rail is rapidly becoming a pillar of China's transportation network and an increasing threat to local airlines that have prospered from years of strong demand growth and a lack of efficient ground transport alternatives. China's burgeoning high-speed rail network is already the world's most...

Berlin Airports doubles revenue in 2010 through infrastructure sell-off

Germany’s Berliner Flughäfen (Berlin Airports) reported revenue more than doubled between 2009 and 2010, increasing from EUR243.9 million to EUR506.4 million in 2010, attributed to the sale of the underground railway lines on behalf of train operator Deutsche Bahn. Without the sale, organic revenue...

Dufry and gategroup lead mixed day

Dufry and gategroup stock has led a mixed day for airport duty free, catering and retail shares. Dufry stock gained 3%, while gategroup was up 3.4%, with heaving trading in the afternoon session.

ADC & HAS emerging as favourite for Zagreb concession

Rumours emanating from Croatia suggest the US-Canadian ADC&HAS joint venture is emerging as front runner for the concession to operate Zagreb’s Pleso Airport even though it does not satisfy one of the criteria demanded of potential concessionaires.

Japanese tourism arrivals down 50% in March

The Japanese earthquake and tsunami disaster has also been a disaster for tourism, with the Japan National Tourism Organisation reporting visitor arrivals to Japan fell 50.3% year-on-year in Mar-2011. Japanese departures fell 18% year-on-year to 1.3 million.

Autogas for everyone: Part II

The GAfuels Blog is written by two private pilots concerned about the future availability of fuels for piston-engine aircraft: Dean Billing, Sisters, Ore., an expert on autogas and ethanol, and Kent Misegades, Cary, N.C., an aerospace engineer, aviation sales rep for U-Fuel, and president of EAA1114...

Tokyo Haneda Airport: 2011, a year like no other

In the fifth instalment in our series on the world's leading airports, we review the vital cog of Japanese aviation; Tokyo’s Haneda Airport. Serving as the nation's primary international gateway until the construction of Narita, it has been recently refurbished and opened once again to intercontinental...

Japan crisis: What does it mean for Hawaii?

Traffic between the two nonetheless relies largely on leisure demand between the two islands, and as such this is a market that can be in a consistent state of flux as various outside factors come into play. These factors over the past decade have included the SARS outbreak in 2003, the 2008 global...

100th RV-12 flies

Van’s Aircraft introduced its Light Sport Aircraft, the RV-12, just over three years ago. More than 500 kits have been sold since then, and on April 13, the 198th kit to ship became the 100th RV-12 to fly. Read more... ===> Posted on April 14, 2011 by Janice Wood. No comments. © GAN 2011

AERO showcases GA confidence

Friedrichshafen, Germany — Despite the financial crisis and growing environmental sensitivity, the General Aviation industry views the years ahead with confidence. This was underlined by experts at the launch of the AERO Friedrichshafen Global Show for General Aviation on Wednesday, April 13, show...

GA Airports Coalition launched

WASHINGTON, D.C. – A group of general aviation airport operators that began meeting in late 2010 has officially formed a national coalition to represent the interests of general aviation airports. The General Aviation Airport Coalition’s (GAAC) primary mission is to “preserve and promote our nation...

Details on senator’s landing on closed runway released

Newly released audio recordings detail first-hand witness accounts of Sen. James Inhofe’s (R-Okla.) October 21 landing on a closed, marked and occupied runway in south Texas, and suggest runway workers may have had reason to fear for their lives, according to a report at AVWeb, which has taken...

bmibaby ceases Cardiff and Manchester operations to expand at Belfast, East Midlands, Birmingham

bmibaby stated it would cease all operations from Cardiff and Manchester Airports at the end of the summer 2011 schedule. As a result, four bmibaby aircraft based at the two airports will be redeployed to Belfast, East Midlands and Birmingham. The airline currently operates 40 weekly services from Manchester...

A NextGen bonus: Reopened runways for GA

When GA pilots hear about the NextGen air traffic control system, the first thoughts are that it’s mainly for airlines, followed by how much is it going to cost? But blogger Scott Spangler at Jetwhine.com says there’s actually reason to rejoice: NextGen could actually open up hundreds of...

New president for PAMA

The Professional Aviation Maintenance Association (PAMA) has a new president:  Dale Forton. Read more... ===> Posted on April 14, 2011 by Janice Wood. No comments. © GAN 2011

Author to speak at Oakland museum

Peter Stekel, author of “Final Flight: The Mystery of a WWII Plane Crash and the Frozen Airmen of the High Sierra,” will speak at the Oakland Aviation Museum in California Saturday, April 23, at 1 p.m. Read more... ===> Posted on April 14, 2011 by Janice Wood. No comments. © GAN 2011

Seginus gets FAA nod for latest PMA part

Seginus Inc., a manufacturer of FAA PMA replacement aircraft parts, has received  approval of its latest PMA parts submission for carbon brushes. Seginus manufactures bearings and electrical carbon brushes for aircraft accessories, such as starter generators, ventilation blowers, and landing gear actuators...

Pilot loses control during descent

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: Piper Comanche. Injuries: 2 Fatal. Location: San Diego, Calif. Aircraft damage: Destroyed. What reportedly...

Skymark: Unit costs 30-40% lower than that of major Japanese carriers

Skymark Airlines held its mid-term plan explanatory meeting held on 12-Apr-2011. The carrier reported its expanding fleet is reducing unit costs - now 30% to 40% lower than major Japanese carriers - and increase productivity. The airline's unit cost (CASK) was JPY8.2 (USD 9.80 cents) in Mar-2011, down...

Oversubscribed Avianca-TACA IPO provides another indicator of buoyant Latin American industry

Preliminary results from Avianca-TACA’s initial public offering (IPO) show a strong appetite for Latin American airline stocks. The offer period for Avianca-TACA shares expired on 15-Apr-2011 with a healthy five to one oversubscription ratio.

Aeroflot considers A320neo, seeks Sukhoi regional jet compensation

Russian national carrier Aeroflot has announced it is considering acquisition of the A320neo, joining Air France which as also confirmed it is looking at the reworked Airbus jet. Aeroflot has also confirmed it is drafting compensation proposals to be presented to the company’s board and to the Russian...

airberlin's 1Q2011 results hurt by North Africa unrest

Air Berlin CFO, Ulf Huettmeyer, informed the German newspaper Der Tagesspeigel that the carrier's 1Q2011 results have been hurt by the unrest in North Africa. The carrier is maintaining its full-year financial target for the time being, and is monitoring the affect the unrest in the region is having...

AviancaTaca's shares issue five times oversubscribed

AviancaTaca announced its share issue on the Colombian Stock Exchange (BVC) ended with the requests for shares exceeding USD1.5 billion, more than five times the initial offering of approximately USD250 million. The validation process of the requests will begin 18-Apr-2011 and the share allocation will...

Travelport and Jazeera sign; Group Aeroplan increases points needed for flights.

Jazeera Airways and Travelport have signed a full content distribution agreement, providing Galileo-connected travel agents in Kuwait with access to fares not available through any other GDS channel.

FLY Leasing to pay dividend of USD0.20 per share

FLY Leasing has declared a quarterly cash dividend of USD0.20 per common share for 1Q2011. The dividend will be paid on 20-May-2011 to shareholders of record on 29-Apr-2011. The company's stock rose 1.1% on Friday. It is due to report its annual results on 04-May-2011.

Aeroflot seeks compensation for SuperJet delays

Aeroflot confirmed it is drafting compensation proposals to be presented to the company’s board and to the Russian Federal Government over delays in the delivery of Sukhoi SuperJet100 regional jets. Shares in Sukhoi parent, United Technologies, finished Friday 0.6% lower, on a generally positive day...

Australian Infrastructure Fund's positive outlook for 2011

CEO of Australian Infrastructure Fund, Jeff Pollock, has given a optimistic outlook for 2011, stated that despite the effects of rising fuel costs, cautious consumer spending and natural disasters, several major Australian airports will record rising passenger numbers this year.

It’s a small world

The past meets the present for a mechanic at a small GA airport By DAVID NIXON When you are around old airplanes you can’t help but feel part of the fabric of the past. When you grow up in a family that has old airplanes, that is even more apparent. When you work as airplane mechanic in general aviation...

Singapore Airlines' demand-supply mismatch worsens. Load factors fall again

Singapore Airlines' problems with declining load factors worsened last month as passenger demand (RPKs) fell 3.6% while supply (capacity, measured in ASKs) rose by 6.4%. As a result, average passenger load factor slumped by 7.6 ppts to 73.2%. The number of passengers carried decreased 1.9% over the...

Philippines Airlines shares hit hard; SIA increases fuel surcharges, March traffic highlights

Shares in Philippine Airlines dropped 12% in trading on Friday, although the shares have recovered 7.1% in early morning trading today. The PAL Employees Association (PALEA), warned earlier this month that its 3700 members may go on strike at any time, despite a certification order signed by Labour...