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Boeing is trying to stem B787 losses by cutting the use of one of its signature ingredients: titanium.
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AirAsia (Malaysia) asked authorities to fix several infrastructure problems affecting Kuala Lumpur International Airport’s new budget passenger terminal, as defects could cause flight delays, increase wear and tear on planes and pose potential safety risks.
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Air Canada and Croatia Airlines launched unilateral codeshare partnership on 25 July 2015.
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China Eastern and Delta Air Lines (US) signed agreement to expand their partnership and better connect their networks. Agreement will include a US$450 million investment by Delta to acquire a 3.5% stake in China Eastern.
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Flydubai (UAE) reportedly re-entered the fray to pick up a stake in SpiceJet (India).
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Precision Castparts (US) agreed to acquire supplier Noranco (Canada) from two investment groups for US$560 million.
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Hong Kong Airlines (China) is still pursuing an IPO with possible 2015 listing, according to market sources.
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Ryanair (Ireland) reported 1Q 2015 profit up 25% to US$269.2 million on revenues up 10% to $1.64 billion. Net cash increased to over $604.4 million.
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SIA Engineering (Singapore) reports 1Q 2015 revenue down 5.7% to US$202.2 million, with operating profit up 1.0% to $15.2 million.
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Air India plans to induct leased aircraft from 2017, pending outcome of tendering process which currently includes at least three lessors.
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Air Lease (US) announced a long term lease agreement with Air Vanuatu for one new B737-800. Aircraft is from ALC’s order book with Boeing and will deliver in January 2016.
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AWAS (Ireland) delivered the first of two A321s, serial 6696, to VietJet Air (Vietnam). Aircraft is configured with 230 seats and Sharklets, and brings the carrier’s A320 family fleet to 26 aircraft.
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Juneyao Airlines (China) took delivery of a new A320-200, serial 6701, on operating lease from GECAS (US). Carrier expects to have fleet of 50 aircraft by end of 2015, up from current 45.
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Rolls-Royce (UK) selected by RwandAir to supply Trent 700 engines to power two A330s.
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Ryanair (Ireland) to take delivery of 31 aircraft in winter 2015/16 — net of lease returns — increasing its fleet to 340 B737-800s by end of 2015.
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Iran to allocate US$1.5 billion annually to renovate its civil aviation fleet. The budget will pave the way for buying 50-60 new planes over the course of 10 years.
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Iranian airlines are not interested in buying Russian planes, said Maghsoud Asadi Samani, the secretary of the association of Iranian airlines.
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Air Bagan (Myanmar) ATR72-200, serial 469, landed on Yangon in heavy rain and veered off the runway, collapsing the landing gear. No serious injuries were reported.
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China Aircraft Leasing Group Holdings signed a strategic cooperation agreement with Eastern Airlines Technic (China) regarding the maintenance and technical consulting services for the Group’s current fleet.
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MIAT Mongolian Airlines chose AJW Aviation (UK) to provide full power-by-the-hour services for three B737NGs. The eight year agreement commences on 01 August 2015.
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MANAGEMENT + GOVERNMENT (9)
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Acumen Aviation (Ireland) appoints Keith Addison as Technical Director – Americas, based in Miami.
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Boeing appoints Mark Jenks as new VP & GM of the B787 program, replacing Larry Loftis who is retiring on 31 July 2015.
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Goldstar Airlines (Ghana) to stage a protest within the next three weeks against Ghana’s CAA for delaying to issue the airline with its charter license to enable it operate a charter service in the country.
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LATAM (Chile) forecasts it will be two or three years before strengthening regional economies and its own cost cutting steps lead to a significant improvement in financial results.
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Lufthansa (Germany) plans an overhaul of its ticketing system that will require passengers to pay extra for checked baggage, seat reservations and flight changes or cancellations.
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Mokulele Airlines (US) seeks county approval ahead of launch in Key West on 15 November 2015.
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Thai Airways International plans to cut 1,401 jobs through voluntary retirement in 2015 as carrier aims to reduce operating costs and capacity by 20% under its two-year plan.
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EU referred France to the bloc’s highest court for failing to recover almost US$11 million in illegal aid from Ryanair (Ireland) and Transavia (Netherlands).
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US Senate voted to advance legislation that would revive the Ex-Im Bank (US), whose charter expired on 30 June 2015.
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AAPA recorded 5.9% increase in number of international passengers carried in June 2015 to aggregate total of 21.9 million. RPKs rose 6.6%, ASKs rose 6.1% and load factor rose 0.3 points to 77.8%. For cargo, FTKs rose 0.5%, capacity rose 2.5%, and load factor fell 1.9 points to 64.1%.
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Air Antilles Express (Guadeloupe) granted scheduled and charter passenger authority for flights behind and via EU, and via and beyond US, as well as, US charter cargo authority.
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Air Canada is transferring additional routes to Air Canada rouge in winter 2015/16 season, including Florida, Hawaii, Bahamas and Panama.
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American Airlines (US) to launch new service from Dallas/Ft.Worth to Quito on 18 December 2015, with A319.
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AtlasGlobal Ukraine to add service from Istanbul Ataturk to Zaporizhia on 01 September 2015, with A320.
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Beijing Capital Airlines (China) applies to launch service between Beijing and Male, starting 27 October 2015 with A330.
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China Eastern to launch service from Nanning to Osaka Kansai on 13 September 2015, with B737.
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China Eastern to launch service from Shanghai Pu Dong to Colombo on 22 September 2015, with A330-200.
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China Southern applies to launch a new daily international service from Guangzhou to Cairo via Dubai on 15 June 2016 with B787, B777-300ER and A330-200.
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EasyJet (UK) to add new service from London Gatwick to Friedrichshafen on 12 December 2015, with A319.
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Finnair Cargo (Finland) expanded its network after signing a freighter sharing deal with IAG Cargo (UK). Route will be operated by an A300-600F, which will fly between London and Helsinki. London becomes Finnair’s third cargo hub in Europe.
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Georgian Airways to launch service from Tbilisi to Rostov-on-Don in August 2015.
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Germanwings to transfer Vienna – Hanover service to Eurowings (Germany) on 27 March 2016, with A320 operated by Austrian Airlines.
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GOL (Brazil) reports June 2015 ASKs up 3.2%, RPKs up 4.6%, load factor up 1.0 point to 75.9%, and passenger numbers up 1.6% to 3.0 million.
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Hainan Airlines (China) canceled planned service from Chongqing to Zadar, which was initially to be launched on 01 May but was then delayed until September 2015.
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Pakistan International Airlines began codeshare partnership with Etihad (UAE) on 27 July 2015, which sees reciprocal service between Abu Dhabi and Pakistan. In addition, PIA is also adding PK code on Etihad flights to the US, Kenya, Spain, Netherlands and Italy.
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Philippine Airlines to launch service from Cebu to Nanning on 29 July 2015 with A320.
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Ryanair (Ireland) reports 1Q 2015 traffic up 16% to 28 million and load factor up 6.0 points to 92%.
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Turkish Airlines to begin service from Islamabad to Istanbul via Baku on 12 August 2015.
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WestJet (Canada) to introduce B767-300ER service from Toronto to Montego Bay on 05 December 2015.
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Xiamen Airlines (China) applies to launch service between Fuzhou and Sydney from 25 October 2015, with B787.
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