AerCap Holdings NV announced the appointment of Aengus Kelly as CEO, succeeding Klaus Heinemann, effective 18-May-2011.
Fitch Ratings maintained the 'BBB' foreign currency Issuer Default Rating (IDR) of LAN Airlines on Rating Watch Negative. Fitch has also affirmed LAN's national equity rating at Level 2 (Primera Clase Nivel 2).
airberlin Group revenue rose 2% for the three months ended 31-Mar-2011, but its losses widened.
Betting has it that the long-delayed slot swap between US Airways and Delta is nearing, as Mesaba recently launched service to LaGuardia on behalf of US Airways. President Scott Kirby tipped employees to the increased possibility of a slot swap in a missive to employees.
MAp’s airports achieved "strong growth" in Apr-2011, with Sydney benefitting from the later timing of Easter holidays. Results from the European airports were distorted by the Icelandic ash cloud in 2010. Excluding the ash cloud, Copenhagen and Brussels grew by approximately 10% and 3% respectively...
Hard on the heels of the Air Transport Association’s second lawsuit challenging last year’s decision to overturn 70 years of labour law, the House Committee on Oversight and Government Reform launched an investigation into the change. The investigation comes a week after the committee’s decision...
Malaysia Airlines' shares fell 3.4% yesterday to MYR1.68, its lowest level in more than nine years.
Brazil’s TAM has reported an increase in profits for 1Q2011 and is sticking with its previous guidance for 2011 despite rising oil prices. TAM remains bullish for the domestic and international markets with its purchase of a stake in regional carrier TRIP, expected to close within 90 days, further...
Global LCC shares were mixed yesterday, led lower by Japan's Skymark Airlines whose shares slumped 15% after the carrier announced plans the day prior to issue new shares to fund the purchase of A380 equipment.
Much to the disappointment of consumer advocates, the Department of Transportation said it would not tackle the new ancillary fee disclosure rule until next year. It punted the issue in its recently published consumer rule-making but said it wanted more information on costs and benefits along with consequences...
Two of the Middle East’s most congested aviation markets announced the opening of a new air corridor to relieve the increasing amount of traffic between the two countries. The new airway – designated M600 – has been prompted by the rapid growth and development of air traffic movements between...
Mid-Continent Instruments recently donated numerous attitude indicators, altimeters, vertical speed indicators, directional gyros, and air speed indicators to Kansas State University Salina's avionics program. Continue Reading »===> Posted on May 18th, 2011 by Janice Wood. No comments. ©...
On Saturday, May 7, 29 fourth and fifth grade Girl Scouts earned their Aerospace Badges at the Greenville Downtown Airport (GMU) in South Carolina. Continue Reading »===> Posted on May 18th, 2011 by Janice Wood. No comments. © GAN 2011.
When the tornado ripped through the Sun ’n Fun grounds on March 31, Charles Stites' first concern was for his friends who were camping near their airplanes in the Vintage parking area, "and then of my restored, award-winning 1949 Ryan Navion." Continue Reading »===> Posted on May 18th, 2011...
Southwest Airlines is celebrating 40 years as one of the nation’s largest air carriers by being the presenting sponsor of “Super Saturday” at AirVenture 2011 on Saturday, July 30. Continue Reading »===> Posted on May 18th, 2011 by Janice Wood. No comments. © GAN 2011.
US Aviation Services at Denton Airport (DTO) in Texas has kicked off its FBO or "Fuel Blow Out" promotion, rolling back fuel prices. Continue Reading »===> Posted on May 18th, 2011 by Janice Wood. No comments. © GAN 2011.
While initial and recurrent training for glass cockpit and high performance aircraft is readily available, pilots of vintage aircraft often find themselves out of luck when it comes to leading edge recurrent training. This, even though their 10- to 50-year old Beech, Cessna, Piper or other aircraft...
On Saturday, May 21, nearly 200 events will turn dreams of flight into reality for tens of thousands of people during the second annual International Learn to Fly Day, Continue Reading »===> Posted on May 18th, 2011 by Janice Wood. No comments. © GAN 2011.
The Florida Air Museum (FAM) at Sun 'n Fun has received a grant from the Impact Lakeland initiative of the Community Foundation of Greater Lakeland (CFGL) for the museum’s “STEMtastic Saturday Camps,” a series of one-day camps that will help middle school students improve their understanding and...
Dynon Avionics has introduced Version 3.1 firmware for the SkyView Integrated Glass Panel system. This update adds a flight planning menu, along with controls so that pilots can create, then fly multi-leg flight plans, which can include autopilot input commands. Continue Reading »===> Posted...
ASA introduces its new E6-B enhanced with color. Continue Reading »===> Posted on May 18th, 2011 by Janice Wood. No comments. © GAN 2011.
Eastern Iowa’s Aviation Heritage, a new book from Arcadia Publishing, captures Eastern Iowa’s long-time fascination with flight. Continue Reading »===> Posted on May 18th, 2011 by Janice Wood. No comments. © GAN 2011.
This May 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: Zodiac 601. Injuries: 1 Minor. Location: Greenville, Tenn. Aircraft damage: 1 Minor. What reportedly...
With the bulk of the quarter’s reporting done, in the main the numbers are encouraging but one swallow does not a summer make. The aviation industry will have to see a more sustained performance to support evidence of a recovery.
It was pretty predictable. Over the past year or so, airlines have been pouring capacity into the trans-Atlantic market to the point that as early as last summer some were questioning just how long that would last given the across-the-board capacity increases. Indeed, during the first quarter earnings...
This week's WTO ruling has done EADS' share price no harm, with the manufacturer's stock up 3.4% on Thursday. Some industry observers are pegging the ruling as a mixed win for EADS and Airbus, although Boeing and US business and trade have labelled the ruling another win in its case against EU subsidies...
US airline stocks finished higher on Thursday, led by US Airways which gained 6.7% on heavy trading. Sliding oil prices have helped stocks for US carriers, with only Hawaiian Airlines shares slipping back (-0.2%) in trading yesterday.
Having only just peeled back the first layer of the AirTran onion, Southwest CEO Gary Kelly reported at the company’s annual shareholders meeting he is more excited than ever but, for SkyWest, the news is predictably bad. It is losing its six-city capacity purchase feed at Milwaukee.
Air France-KLM has reported an operating profit of EUR122 million for the year to 31-Mar-2011, as the carrier cut costs and raised revenue despite the challenging 12 months. The carrier’s net profit was EUR613 million, boosted by the sale of the company’s stake in Amadeus. This is the carrier’...
Want to fly a Light Sport Aircraft (LSA) but continue with the fun of flying aerobatics? You can with the new Fk Comet. Continue Reading »===> Posted on May 19th, 2011 by Meg Godlewski. No comments. © GAN 2011.
