Southwest Airlines pilots have approved a new contract that will boost pay almost 30 per cent over its term and improve retirement benefits while falling short of recent raises proposed at some rival US carriers. The agreement was approved by about 84 per cent of those voting, the Southwest Airlines Pilots’ Association said. The labor group, which represents 8,500 aviators, and the airlin...
BP announced the creation of a strategic partnership between its BP Ventures and Air BP businesses with Fulcrum BioEnergy, a pioneer in the development and production of low-carbon jet fuel, in which BP will invest $30 million. As an equity investor, BP has secured a 10 year offtake agreement with Fulcrum for 50 million US gallons per year, from their plants under development across North...
Agreement Signed With Ministry of Transport to Foster the Country’s Economic Growth and Develop a Modern Aviation Industry The latest contract aims to implement the vision of the Ministry of Transport to strengthen the ICAA in accordance with international standards and best practices to enable Iraqi Airways to become a leading carrier in the Middle East to provide a global n...
StandardAero has signed a new agreement with Chinese partner, ChongQing General Aviation Co., Ltd. (CQGA), establishing CQGA as the company’s first StandardAero approved service center for Rolls-Royce M250 engine maintenance services in China. The agreement was signed by CQGA and StandardAero executives on Nov. 1 at the Zhuhai Airshow. The new agreement will provide Chinese operator...
Jeppesen, a Boeing Company, recently announced a series of three new data bundle services that combine access across both general aviation avionics, including Garmin and Avidyne, and popular mobile apps. The new data bundles will be offered to general aviation pilots at a reduced cost, with key coverage areas included and the choice of two or four device installations, to meet individual pilot nee...
Airbus Helicopters has signed a contract with the Singapore Ministry of Defence for the acquisition of H225M - Medium Lift Helicopters. “We are greatly honoured that Singapore has selected the H225M as its next-generation Medium Lift Helicopter” said Guillaume Faury, CEO of Airbus Helicopters. “The Super Puma has served Singapore well for the last 30 years. The addition of the...
Rivals are struggling with falling fares as Europe’s largest carrier projects the 2024 goal. Budget airline Ryanair Holdings raised its long-term growth forecast by 10% on Monday, saying it expected to carry 200 million passengers per year by 2024 and secure a more than 20% share of Europe’s short-haul market as rivals struggle with falling fares. Already Europe’s...
The Brazilian airline Gol Linhas Aereas Inteligentes, known as Gol, has posted third-quarter earnings that beat analysts’ estimates as the country’s largest airline cut expenses with the early return of leased airplanes and amid lower dollar-denominated costs. Earnings before interest, tax, depreciation and amortization reached 333.4 million reais (Dh381.9m) from 113.6m reais a year...
Singapore has agreed to buy new military helicopters from Airbus and Boeing Co to replace its aging fleet of Super Pumas and Chinooks, the city-state's defense ministry said on Monday. Singapore has the largest defense budget in Southeast Asia at a time when China's increasingly assertive actions in the disputed South China Sea spur regional nations to step up defense spending. The d...
A historical British aircraft that was one of the first regular visitors to these lands in the 1970s will go on display in Sharjah. The front section of the iconic long-distance Vickers VC10 aircraft, built in 1969 for East African Airways Corporation, has made its final journey to Al Mahatta Aviation Museum. The aircraft’s cockpit, cabin and cargo will be on display at the museum to s...
Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker hosted a press briefing with national and regional Italian media during his recent visit to Tuscany. Celebrating the launch of the airline’s flights to Pisa in August 2016, the press briefing was also attended by His Excellency Mr. Abdulaziz Bin Ahmed Al Malki Al Jehani, Qatar’s Ambassador to Italy. During the pr...
GE Aviation and CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, announced more than $3 billion (USD) in orders and commitments at last week’s Zhuhai Air Show. The orders and commitments included more than 200 GE and CFM engines as well as agreements for TrueChoiceTM suite of engine maintenance offerings. Orders/commitments include (...
