All Nippon Airways (ANA) has maintained its profitability forecast for FY2011 despite the impact of the 11-Mar-2011 earthquake, although the carrier’s net profit result is expected to decline by 14% year-on-year amid the disruption to travel demand.
Garuda Indonesia’s string of three consecutive years of profit, which began after its 2007 restructuring, is in jeopardy as the carrier has now recorded losses for two consecutive quarters. But Guruda remains bullish on its medium-term outlook as it continues to rapidly expand revenues, improve load...
Kuwait’s Aviation Lease and Finance Company (ALAFCO) has announced that it expects record profits for FY2010/11, as it has settled a deal that will allow other parties to pick up some of its aircraft orders with Airbus and Being, netting it one-off gains of USD139 million.
Nick Brennan has one message to pilots: Go Fly America. To that end, the pilot has relaunched the Go Fly America Challenge. The concept is simple: Fly to airports, take a picture of a recognizable landmark with a piece of paper showing the Operation: Fly password, and submit it to the Operation Fly...
Star Alliance yesterday announced that its members had decided to “put Air India’s alliance membership application on hold”. The beleaguered carrier had been given until 31-Jul-2011 to demonstrate its suitability for membership.
The Greek economy is the subject of international attention as attempts are made to restore the stability that might prevent ‘contagion’ of the debt crisis and its spreading to Portugal, Ireland, even Spain and Italy, potentially threatening the Euro itself. At the same time, the airport assets...
By MATTHEW J. KIENER Our lessons leading up to the private pilot certificate are riddled with procedures preparing us to handle a myriad of emergencies that may arise in normal flight. We practice landing with a dead engine, what to do if our engine or avionics catch fire, the radio stops working,...
Royal Jordanian Airlines has not been able to escape the impact of the Arab Spring and higher oil prices, with the carrier reporting a loss of JOD39.2 million (USD55.3 million) for the first six months of the year, compared with a JOD7.7 million loss for the same period in 2010.
International Consolidated Airlines Group (IAG) reported a pre-tax profit of EUR39 million in the six months to 30-Jun-2011, a sharp turnaround over 2010’s result when the group posted a EUR419 million loss. IAG’s result is the strongest of Europe’s “big three” network carriers, which also...
On the list of 30 top airports for 2010, three nations have multiple representatives: the US with 13, China with four and Germany with two. Worth noting is that neither of the German airports is located in the nation’s largest metro area. According to EU statistics, Frankfurt and Munich rank fifth...
It is now clear to all but those who do not wish to see it that Air India will not be joining the Star Alliance, at least in the near term. That leaves the Indian government with a dilemma. Having reportedly rejected a proposal by Star that both Jet Airways and Air India be permitted to join Star, the...
Flight Design USA logged more than $11 million in new orders at last week's Oshkosh, including 30 orders for the new four-seat C4, plus another eight for the company's Light-Sport Aircraft. Continue Reading »===> Posted on August 1st, 2011 by Janice Wood. No comments. © GAN 2011.
The drawn out privatisation of Kuwait Airways Corporation (KAC) may be entering a new and decisive phase, with reports emerging that the carrier could enter talks with potential investors for a 35% stake in the carrier and management rights as early as this week. Citigroup, Seabury and Ernst & Young...
CAPA is pleased to announce that entries are open for nominations for the eighth annual CAPA Aviation Awards for Excellence – Asia Pacific and Middle East. Winners will be announced at a Gala Dinner to be held in Singapore on 20 October 2011.
Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), in a draft report, stated the rationalisation and reform of management of the 27 government-managed airports in Japan is to be made by FY2020. As part of this, during the phase one period, or the five years from FY2014, it is...
Skymark Airlines, Japan’s third largest carrier, expects its profitable run to continue in FY2012, maintaining its profit forecast, upon the release of its 1QFY2012 financial results, with the carrier not feeling the impact of the 11-Mar-2011 earthquake and tsunami as did larger competitors ANA and...
A week after Congress failed to extend funding for the FAA, officials are calling the furloughs triggered by the partial shutdown of agency operations unprecedented, according to a report at GovernmentExecutive.com, which notes that officials estimate the agency is losing $30 million a day as a result...
Piper is pouring millions of dollars back into its Vero Beach facility and has hired employees by the dozens as it gears up for the advent of its PiperJet Altaire, according to a story at TCPalm. Continue Reading »===> Posted on August 1st, 2011 by Janice Wood. No comments. ©...
Even though AirVenture is over, you can keep up with what's going on at Wittman Regional Airport (OSH) through a new blog and an Internet-based radio station. Continue Reading »===> Posted on August 1st, 2011 by Janice Wood. No comments. © GAN 2011.
Icon Aircraft and Horizon Hobby have partnered to introduce a line of radio-control models of the Icon A5. Continue Reading »===> Posted on August 1st, 2011 by Janice Wood. No comments. © GAN 2011.
The 9th annual Atlantic City Airshow "Thunder Over The Boardwalk" will return to the sky on Aug. 17. Headlined by the U.S. Air Force Thunderbirds and the U.S. Army Golden Knights, the largest airshow on the East Coast will feature parachute teams, fly-bys, formations and more. Continue Reading »...
ACR Electronics' ResQLink , the world's smallest 406 MHz Personal Locator Beacon (PLB), is FCC approved and is now for sale to consumers in the U.S. Continue Reading »===> Posted on August 1st, 2011 by Janice Wood. No comments. © GAN 2011.
Evektor-Aerotechnik has appointed two new distributors in the U.S. for its SportStar MAX and Harmony Light-Sport Aircraft. Continue Reading »===> Posted on August 1st, 2011 by Janice Wood. No comments. © GAN 2011.
SimCom Training Centers, headquartered in Orlando, Florida, has enhanced its fleet of turboprop and piston-powered aircraft simulators. Improvements to the visual systems in these devices give pilots a more realistic view of the outside world, company officials said, noting WAAS capable GPS installations...
Cessna has added five flight training organizations to its global network of more than 250 Cessna Pilot Centers. Continue Reading »===> Posted on August 1st, 2011 by Janice Wood. No comments. © GAN 2011.
A new book, "The Battle of Britain in the Words of the Pilots Who Won It," by Max Arthur, is now available. Continue Reading »===> Posted on August 1st, 2011 by Janice Wood. No comments. © GAN 2011.
This August 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: Aeronca 15AC. Injuries: None. Location: Palmer, Alaska. Aircraft damage: Substantial. What reportedly...
Meridiana fly and Air Italy, two of Italy’s smaller players, have announced their intention to merge and create a “stronger player in the Italian leisure and charter market”. The merger is another key strategic move in the Italian air transport market, which has been in near constant flux since...
The US Congress has gone to its summer recess without resolving the partisan dispute over the US Federal Aviation Administration funding reauthorisation bill. Congress is now not due to sit until early September, meaning an ideological squabble could cost the FAA more than USD1 billion in lost tax revenue...
Serbia’s government has announced plans to again attempt to offload a stake in national carrier JAT Airways, its third attempt at doing so after heavy losses at the airline and a severe economic downturn in Eastern Europe sapped investor interest. It remains unclear whether Serbia will have much more...
