Private Jets Charter News

Landmark begins operations at ATL

Landmark Aviation, which was selected as the new FBO provider at Hartsfield-Jackson Atlanta International Airport in February, officially began operations May 1. Read more... ===> Posted on May 4, 2011 by Janice Wood. No comments. © GAN 2011

Wicks introduces colorful pitot tube covers

Wicks Aircraft Supply is now offering a new line of colorful covers for pitot tubes and nacelle plug streamers that will fit most single and twin engine aircraft models. Read more... ===> Posted on May 4, 2011 by Janice Wood. No comments. © GAN 2011

Golf tournament slated

The Greater St. Louis Business Aviation Association (GSLBAA) will hold the 35th Business Aviation Annual Memorial Open (BAAMO) annual golf tournament June 4 Read more... ===> Posted on May 4, 2011 by Janice Wood. No comments. © GAN 2011

Aerospace Industry Report published

The Aerospace Industries Association (AIA) and the Center for Aviation and Aerospace Leadership (CAAL) at Embry-Riddle Aeronautical University–Worldwide have teamed to produce a new publication for the aviation and aerospace industry: Aerospace Industry Report 2011. Read more... ===> Posted on May...

AAR Aircraft Services extends Phillips 66 contract

AAR Aircraft Services – Oklahoma, the sole FBO at Will Rogers World Airport in Oklahoma City (OKC), has extended its contract as a Phillips 66 Aviation branded dealer for five more years. Read more... ===> Posted on May 4, 2011 by Janice Wood. No comments. © GAN 2011

Inadequate supervision destroys Pitts

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: Pitts Aerobatics S-2B. Injuries: 1 Serious, 1 Minor. Location: Muskogee, Okla. Aircraft damage: Destroyed...

Air India writes its own melodrama; Virgin rebrands 'bland'

Air India’s woes have been deepened by the pilots’ strike, which entered its ninth day on Friday (6-May-2011). The national carrier stated the industrial action – over pay parity between AI pilots and lower-paid collegues from merger partner Indian Airlines – is costing the airline INR260 million...

Flybe shares slump 25% on profit warning

Flybe issued a profit warning for the year ending 31-Mar-2011 and the current financial year, citing high oil prices and weak leisure traffic thanks to the slow recovery of the UK economy. The company expects to report net profit of GBP22 million for the year to Mar-2011, well below expectations. It...

US airlines shares jump as fuel dips under USD100 per barrel

WTI crude has traded under USD100 per barrel for the first time since Mar-2011, sending US airline shares spiking. American Airlines was the big mover, up 7.5%, while Delta Air Lines shares gained 7.1%. Latin American carriers also traded strongly, with Copa up 7.2%.

Around the world — twice

Flying around the world: It’s the kind of adventure most pilots only dream about. But for Bob Gannon, it became a reality — one that took him more than 10 years to accomplish. And, ever the overachiever and anxious not to miss a thing, he decided to accomplish the feat… Read More ===>...

GMR Infrastructure to consolidate airport holdings under subsidiary

India’s GMR Infrastructure reportedly plans to consolidate its airport holdings under one subsidiary, according to a report in the Economic Times. The company is expected to transfer its 24% stake in Delhi International Airport Limited (DIAL) for USD147.2 million and its 63% stake in Hyderabad Airport...

Narrowing loss marks Air Canada's 1Q results

Air Canada followed its US legacy counterparts in posting a loss on rising revenues. Air Canada reported a net loss of CAD19 million in the first quarter, a huge positive swing from the CAD112 net loss posted in 1Q-2010. The company said the loss was softened by CAD104 in forex gains, down from the...

AerCap revenue eases 0.3% but net profit more than doubles

AerCap has reported a minor reduction in revenue in 1Q2011 thanks to lower revenue from the sale of aircraft, engines and parts. The company's lease revenue jumped 56%, mainly due to the all-share acquisition of Genesis Lease on 25-Mar-2010 and deliveries of forward order aircraft. Shares in the company...

Cancellations cut into Airbus and Boeing order books

The order books of Airbus and Boeing are suffering this year from large numbers of cancellations, with 127 lost orders between the manufacturers this year, including 79 dropped from Airbus' order book. Shares in Airbus parent EADS were 0.3% lower yesterday, while Boeing shares were down 0.5%.

New LCC REDjet to launch operations in Caribbean

REDjet stated it plans to commence service on 08-May-2011, with services across the Caribbean, although some questions do remain over whether the carrier has the necessary approvals from the Trinidad and Tobago government to commence operations.

Grand China Air signs USD1.2bn private equity deal, ahead of listing this year

HNA Group subsidiary Grand China Air has signed a USD1.2 billion capital injection agreement with private equity investor Chongqing Shenyin Longshen Investment Co. The investment will help the carrier fund aircraft purchases, repay short-term loans and conduct an IPO in the Hong Kong stock exchange.

FLY Leasing posts powerful drop in net income on better than average 2010 quarter

Clearly FLY Leasing has a good story to tell and is primed for growth but it is also clear that the market has yet to catch on, judging by its book value. That was also reflected in the frustration expressed yesterday as the company reported net income dropped precipitously in the first quarter from...

Vueling’s losses worsen in 1Q2011

Vueling reported a worsened operating loss in the three months ended 31-Mar-2011 to EUR35.2 million, as revenues declined by 10% to EUR127 million and costs increased 5% to EUR162 million, driven by rising fuel expenses. Vueling is however aiming to keep its cost per ASK excluding fuel at 2010 levels...

SkyWest ends 91-quarter profit streak posting USD11.1m loss

Things have to be really, really bad for SkyWest to post a loss, especially when it should have been benefitting from its acquisition of ExpressJet. In fact losses at the company are unheard of since the March 1988 quarter and, for that, the company has become the premier US airline for its unique winning...

Lockwood’s Sebring Aviation shifts focus

Well known nationally for his support of the Rotax Aircraft Engine line, through Lockwood Aviation Supply and Lockwood Aviation Repair, Phil Lockwood says he will shift resources from new aircraft sales to expand the parts and service business. Lockwood will eliminate activities that align the enterprise...

Wipaire appoints Chinese distributor

Wipaire, Inc. has appointed Aviation Supplies Ltd. as its first distributor in China. Wipaire officials say they are encouraged by the prospect of additional sales generated by the expanding global market for general aviation aircraft and aircraft floats in China. Wipaire was first introduced to the...

A 'tough' 2010 for Emirates but on course for record result

Most airlines would have longed for a 2010 comparable to Emirates. Despite President Tim Clark describing the conditions over the year “tough” and “challenging”, the carrier is still on track to report a financial result better than its 2009/10 financial year, when it achieved a net profit of...

Qatar Airways' 2011 outlook dampened by civil unrest

Months of civil unrest in the Gulf states and North Africa has dampened Qatar Airway’s outlook for 2011, but have not yet put paid to the carrier’s chances of a profitable year.

Just Aircraft presented with export award

Just Aircraft of Walhalla, S.C., recently received the “Export Achievement Award” from the U.S. Department of Commerce. Just Aircraft established new dealers in Australia and New Zealand with the help of the Export Assistance center in Greenville, S.C., and the centers in Australia and New Zealand...

Texas Aircraft Expo sets summer schedule

The summer schedule for the Texas Aircraft Expo, which will feature new aircraft manufacturers, tax experts, lenders and other industry professionals, has been set. Expected to participate this year are some of GA’s biggest names, including Cessna, Cirrus, Piper, Hawker Beechcraft, and Pilatus...

Cessna hosts annual Citation Customer Conference

Cessna Citation owners from around the world have gathered this week at Cessna’s headquarters in Wichita for the annual customer conference, which features company updates, technical briefings, supplier presentations and keynote speeches from Robert Wilson, son of Holiday Inn hotel chain founder...

Homebuilt hours up, accident rate down

The growth of amateur-built aircraft and the continued decline in the fatal accident rate are among the information now available from the new EAA Report to Homebuilders, which is posted on the EAA website. The four-page PDF document is a summary of data collected from FAA and NTSB sources, EAA’s&...

Cleveland college teams with Hemlock Films to produce aviation show

The creators of the Emmy award-winning PBS hit “Red Tail Reborn” have partnered with Cuyahoga Community College (Tri-C) in Cleveland, Ohio, to bring “The Restorers” to televisions nationwide. This new PBS series, based on the original 2004 movie of the same name, will chronicle...

PilotMall.com debuts YokePad

PilotMall.com has released the iPad YokePad. The iPad YokePad, a PilotMall.com exclusive product, is manufactured out of aircraft grade 6061 aluminum. The YokePad is compatible with both the iPad and the iPad 2. Because it has multiple adjustment points, it will work with a wide variety of aircraft,...

WSI optimizes Pilotbrief

WSI (Weather Services International) has launched WSI Pilotbrief Optima, an enhanced, online version of the WSI Pilotbrief service. Within a matter of seconds, pilots can now receive a crystal clear and actionable view of potential weather impacts and optimize plans accordingly, according to company...