Private Jets Charter News

Air France-KLM reports increasing unit revenue, positive forward bookings

Air France-KLM has reported its bookings for the coming months "remain on a positive trend" as it moves into the peak summer travel period. The carrier reported an increase in unit revenue (RASK) as its Apr-2011 passenger numbers rose 28%. The year-on-year comparison is skewed significantly due to last...

Second phase of Tiger-SEAir partnership leads to even more competition on Philippine trunk routes

Competition on trunk routes within the Philippines is set to intensify further as Tiger Airways partner Southeast Asian Airlines (SEAir) prepares to launch a new low-cost domestic operation. SEAir, which in Dec-2010 began operating Tiger-branded A319s on international routes, has unveiled plans for...

Fliers or liars?

Dennis Parks is Curator Emeritus of Seattle’s Museum of Flight. When Wilbur Wright arrived in France May 29, 1908, to carry out demonstrations for a French syndicate interested in building Wright Flyers, it would be the first time one of the Wright brothers flew outside of America. Wilbur not...

Shares fall as oil prices firm. LAN and Copa report strong April traffic

US airline stocks have eased as oil prices firmed in early trading this week. WTI finished trading on Monday at USD102.55 per barrel for June delivery, after slipping below USD100 per barrel late last week, prompting a rally in airline shares.

Sharing your two cents

Jamie Beckett is a CFI and A&P mechanic who stepped into the political arena in an effort to promote and protect GA at his local airport. He also is an owner and contributor to FlightMonkeys.com. There is nothing, and I mean absolutely nothing, that’s as consistently dull and lifeless as&hellip...

Vietnam making progress on air transport infrastructure but seeks private sector help

In this final section of the first of a two-part series we look at another ‘CIVETs’ country – Vietnam, where government airport infrastructure plans are close to being realiased but a private sector contribution will soon be needed.

International Airlines Group: Good results and realignment?

In its first financial report since its inception, the International Airlines Group, which owns both British Airways and Iberia, has registered a first quarter net profit of EUR33 million. For the corresponding period in 2010, the carriers jointly posted a loss of EUR243 million, with the volcanic ash...

Mexican airport stocks mixed on April traffic reports

Mexican airport shares were mixed yesterday, upon the release of traffic figures for April.

Sikorsky Memorial Corsair on the move

The Sikorsky Memorial Corsair is taking a big step on its path to resurrection by taking a journey to Ezell Aviation War Bird Restorers in Breckinridge, Texas. As the result of the collaboration with Ezell Aviation and The Connecticut Air and Space Center, this journey will accomplish two goals, officials...

Taiwanese airlines gain on increasing Hong Kong flights, Qantas engineers to strike

Hong Kong SAR and Taiwan have reportedly expanded their air services agreement, increasing the number of flights for airlines of both sides by 28 per week.

Cessna faces obstacles beyond CEO’s departure

Jack Pelton’s departure as Cessna’s chairman, CEO and president comes during one of the most challenging times in the company’s history, according to a story in the Wichita Eagle, which quotes the head of the General Aviation Manufacturers Association, Pete Bunce: “Jack has been...

UK aviation sector in long-term decline

The aviation sector in the UK continues to deteriorate, and Flybe’s chairman and CEO announced that a GBP3 surcharge per passenger would be imposed from 05-May-2011 on all flights from 01-Sep-2011 onwards. Citing a “challenging” UK market and increased fuel costs, Flybe chief Jim French said the...

Pinnacle posts USD4.5 million swing to loss

The future of Pinnacle Airline Corp looks very rosy to CFO Peter Hunt, despite the fact the company posted a first quarter net loss. The reason is simple, the company is on the cusp of realizing the fruits of its labour in maintaining a healthy Pinnacle Airlines, integrating newly acquired Mesaba Airlines...

Delta aggression toward US regionals revealed in latest earnings calls

An interesting discussion as to how Delta is trying to change the financial dynamics of the US regional airline industry occurred during the Pinnacle Airlines conference call, as Dahlman Rose analyst Helane Becker frankly stated that Delta is not a good partner for any of its regional partners.

Copa expects no slowdown in expansion or profitability

Copa remains confident it can continue to post industry-leading profit margins and expand rapidly despite the rise in fuel prices. The Panama-based airline group has reported 1Q2011 net income of USD94 million and operating income of USD101 million, representing improvements of 123% and 29% compared...

Garuda Indonesia back in the red and outlook uncertain following IPO

Garuda Indonesia returned to the red in 1Q2011 despite impressive revenue and traffic growth and a significant improvement in load factors. In its first financial report as a publicly traded company, Garuda reported an operating loss of IDR259 billion (USD30 million) for 1Q2011 and a net loss of IDR184...

Michelin inks deal with Rob Holland

Michelin Aircraft Tires has signed a sponsorship agreement with aerobatics expert pilot Rob Holland. Holland, the 2008 World Advanced Aerobatic Champion, will feature Michelin Air tires on his plane at the 2011 World Aerobatics Championships, as well as showcase his plane for Michelin at a number of...

Flying the Cessna Skycatcher

John and Martha King of King Schools have released a new course titled “Flying the Cessna Skycatcher.” The course demonstrates all the basic maneuvers in the Skycatcher and is designed for pilots transitioning to the Cessna Skycatcher or for those just interested in knowing what flying the Cessna...

Piper delivers Warriors to college

Piper Aircraft Inc. recently delivered two new Piper Warrior aircraft to Farmingdale State College, Farmingdale, New York. In addition, the college which is part of the State University of New York (SUNY) system, plans to purchase a new Piper Arrow. The nearly $1 million purchase of the three aircraft...

CAF’s Red, White & Loud to take part in AirVenture

The world’s only flight-worthy Boeing B-29 Superfortress FIFI, and country music star/pilot Aaron Tippin will take the CAF’s Red, White & Loud Tour to the “World’s Greatest Aviation Celebration,” EAA AirVenture July 25-31 at Wittman Regional Airport in Oshkosh. “We are thrilled to bring...

Wathen Foundation receives $541,000

The Thomas W. Wathen Foundation has received three donations, totaling $541,000. The gifts, in amounts of $1,000, $40,000 and $500,000, were made to sustain existing programs and help launch a number of new programs that will provide educational and training experiences while advancing the cause of...

Deadline looms for camp

The Vintage Flying Museum in Fort Worth will partner with the Organization of Black Aerospace Professionals and the FAA to host an Aviation Career Education (ACE) Camp, June 7-11. The tuition-free week-long summer camp, for students between the ages of 14 and 18, explores careers in aviation and actual...

Parts Finder app release

KRN Aviation Services has released a free General Aviation Parts Finder & RFQ Mobile App. The free downloadable Parts Search & RFQ App for any mobile device is available at KRN.com. Apps are also now available for download through Apple’s App Store and the Android Market. ===> Posted on May...

Belite debuts air computer

Belite Aircraft has developed an air computer that makes the introduction of new digital instrumentation accessible to experimental and homebuilt aircraft, according to company officials, who say the air computer provides critical flight information to the pilot in a very small design. Also, Belite&#...

Headsets Inc. and DRE to merge

Headsets Inc. and avionics maker DRE Communications are joining forces to create a one-stop house for aviation communication technologies. Since 1994, Headsets Inc. has offered active noise canceling headsets in addition to systems for upgrading aviator headsets & helmets. The company provides systems...

Bounced landing breaks Diamond

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: Diamond DA-20. Injuries: 1 Minor. Location: Olathe, Kan. Aircraft damage: Substantial. What reportedly...

Virginia Festival of Flight soars

Finally, after years of iffy to truly bad weather, this past weekend saw the East Coast bathed in sunshine Friday through Sunday for the Virginia Regional Festival of Flight in Suffolk, Va. Aircraft winged their way to Suffolk Airport (SFQ) in Southeast Virginia from Maine to Florida and westward to...

GA shipments still down, but pistons show positive trend

WASHINGTON, D.C. — The latest shipment and billings figures from the General Aviation Manufacturers Association (GAMA) show that times were still tough for the GA industry in the first quarter of this year. In the first three months of 2011, total GA airplane shipments fell 4.6%, from 390 planes in...

NexGen, SESAR values quantified in new study but airline question remain unanswered

Almost as if in response to Delta CEO Richard Anderson questioning the value of equipping for NextGen, the Deloitte consulting firm yesterday issued a new report indicating that the US NextGen and European Union SESAR programmes offer a net present value of deploying modernisation of air traffic control...

Virgin-Delta granted tentative anti-trust immunity by DoT. “Another one we can tick off the list”

Virgin Australia’s luck appears to have turned. After a few grey days late last year when the new CEO’s alliance plans were looking ragged, the Group has now received what will almost certainly be formal approval to operate closely with Delta, sharing capacity scheduling, frequency and pricing plans...