Hellenic Duty Free has reported sales revenue of EUR219.2 million in 1Q2011, down 4.4%, as Greek passenger traffic declined and department store revenues decreased. Some 52% of the company's revenues are generated outside Greece.
EUROCONTROL revised its forecast for 2011 European aircraft movements downwards, thanks to the "severe disruption" to services to and from Egypt, Libya and Tunisia in the first part of the year. The pan-European air navigation services provider expects European flights will increase 3.2% (±0.8%) over...
EADS CEO Louis Gallois is lobbying European nations to introduce a veto right in the defence industry. Mr Gallois stated that there "must be a veto option against hostile takeovers" as the defence industry is part of the "national interest".
Investors have continued their sell-off of Malaysia Airlines shares, with the stock losing another 6.9% on Monday, after heavy falls late last week. The carrier reported a USD88 million 1Q2011 operating loss, after higher fuel prices and lower cargo revenue bit into the carrier's bottom line.
China is uniquely well placed to lead the global transformation in air traffic management, at least according to Boeing. Boeing Commercial Airplane’s vice president of Air Traffic Management, Neil Planzer, has forwarded the opinion that as China is neither burdened by the fragmentation that characterises...
The Philippines has emerged as one of Asia’s most interesting and dynamic markets, with rapidly intensifying low-cost carrier competition expected to drive further growth in 2011 and beyond. The entrance of leading Asian low-cost airline groups AirAsia and Tiger gives the colourful Philippines market...
Enhanced Aircraft Systems (EAS) has introduced the O-408 and IO-408 engines, which incorporate the use of technology from Formula One auto racing to develop advanced components, such as crankshafts, connecting rods, pistons, and piston pins. These parts can be retrofitted to any existing Lycoming, ECi...
An FAA five-person National Kit Evaluation Team recently visited kit manufacturer Zenith Aircraft Co. in Mexico, Mo., to determine if the CH 650 aircraft kit will officially allow an amateur builder to meet the 51% rule. Continue Reading »===> Posted on May 30th, 2011 by Janice Wood. 1 comment...
The Florida Aviation Trades Association will present "Beyond the Runway...Why General Aviation Means Business" June 15 at the Ritz-Carlton Sarasota. Continue Reading »===> Posted on May 30th, 2011 by Janice Wood. No comments. © GAN 2011.
EAA, Southwest Airlines, and Old Glory Honor Flight, have joined together to give World War II Navy veterans the opportunity to visit the Washington, D.C., memorials dedicated in their honor with an Old Glory Honor Flight departing from EAA AirVenture 2011 on Wednesday, July 27, as part of “Navy Day...
Opportunities to expand the economy of the White Plains, New York, area thanks to business aviation activity at Westchester County Airport, already estimated at more than $613 million annually for employment alone, will frame discussions at a June 8 National Business Aviation Association (NBAA) daylong...
On Saturday, June 4, pilot John Hutchison will talk about flying one of the most exotic airliners ever built — the supersonic Concorde — at the Museum of Flight in Seattle. Continue Reading »===> Posted on May 30th, 2011 by Janice Wood. No comments. © GAN 2011.
Fly High Lexington, a new FBO at the Davidson County Airport in Lexington, N.C., has signed agreements with Wake Forest Sports and Sapona Country Club, a private golf club near the airport. Continue Reading »===> Posted on May 30th, 2011 by Janice Wood. No comments. © GAN 2011.
Wicks Aircraft Supply now offers personalized oxygen systems for high altitude flying. Developed by Essex Industries, the system can use size “D” or “C” cylinders that the company will adorn with the owner’s name or N number. Continue Reading »===> Posted on May 30th, 2011 by Janice...
Claude Chidiac will join Esterline CMC Electronics June 15, in the position of vice-president, customer support and strategic development. Continue Reading »===> Posted on May 30th, 2011 by Janice Wood. No comments. © GAN 2011.
Vaisala's Global Lightning Dataset GLD360 now includes new technology that can provide early warnings of explosive ash clouds that cause disruptions to aviation routes and safety. Continue Reading »===> Posted on May 30th, 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: Kitfox. Injuries: 1 Fatal. Location: Apple Valley, Calif. Aircraft damage: Destroyed. What reportedly...
Strong demand despite the Japanese earthquake and the tension in the Middle East has improved Malaysia Airports (MAHB) net result in 1Q2011 to MYR88 million (USD29.3 million), up 20% for the same quarter in 2010. The Malaysian Airports operator reported a 22% revenue increase, but EBITDA was down marginally...
Weight shift instructor and FAA Designated Airworthiness Representative (DAR) Terri Sipantzi wrote an excellent editorial about the FAA's plan to start inspecting new SLSA or new companies producing LSA. Continue Reading »===> Posted on May 31st, 2011 by Dan Johnson. No comments. © GAN...
China Southern Airlines announced signed an agreement with Boeing covering the purchase of six B777Fs, as it grows its cargo business. The six aircraft will be delivered between 2013 and 2015 and will be funded by bank loans and China Southern’s operating fund.
A group of San Francisco Bay Area pilots based at Reid-Hillview Airport (RHV) have joined together to form the first non-profit fuel club in California that will bring 92 octane unleaded ethanol-free fuel to Bay Area pilots as an alternative to 100LL. Continue Reading »===> Posted on May 31st...
Scott Ernest, the new CEO at Cessna Aircraft Co., brings with him to Wichita nearly 30 years of experience working for GE Aviation. According to a blog at the Wichita Business Journal, "while some may be somewhat surprised that Textron brought in an outsider to replace Jack Pelton, Ernest’s hiring...
Saudi Arabian Airlines plans to complete its long-running and much delayed privatisation of its mainline passenger business by the end of 2Q2013. The privatisation process has been going on in some form since 2000 and at several points has looked in danger of dragging on until economic conditions improved...
US mainline carriers are leading the effort to transform the airline business model with ancillary revenues, according to the 2010 Amadeus/IdeaWorks study which shows United/Continental, Delta and American as the top ancillary revenue earners in 2010. They were joined by only one international carrier...
The Mississippi House of Representatives’ recently declared May “General Aviation Appreciation Month.” General aviation in Mississippi alone generates about $860 million in economic impact annually, supporting over 1,563 jobs. Continue Reading »===> Posted on May 31st, 2011 by Janice Wood...
Airshow performer Amanda Franklin died late May 27. According to a story at AOPA.org, doctors at Brooke Army Medical Center in San Antonio had been treating her extensive burns, injuries, and ensuing infections since a March 12 crash landing and engine fire during a show routine. Read the full report...
As relief supplies continue to pour into Joplin, Mo., in response to the devastating tornado that struck a week ago, a special delivery arrived courtesy of the Missouri Wing of Civil Air Patrol, the U.S. Air Force auxiliary. At the request of the Missouri-1 Disaster Medical Assistance Team, 200 doses...
Angel Flight Northeast (AFNE) is celebrating its 15th year of service. Continue Reading »===> Posted on May 31st, 2011 by Janice Wood. No comments. © GAN 2011.
A collection of naval aircraft spanning all eras is coming together for EAA AirVenture 2011 during its week-long Centennial of Naval Aviation commemoration. Continue Reading »===> Posted on May 31st, 2011 by Janice Wood. No comments. © GAN 2011.
Gleim Aviation recently launched a renovated website designed to better motivate, educate, and update pilots and non-pilots, according to company officials. Continue Reading »===> Posted on May 31st, 2011 by Janice Wood. No comments. © GAN 2011.
