News
Aeromexico Places USD$11 Billion Boeing Order
Mexico's largest airline Aeromexico on Wednesday placed an USD$11 billion provisional order with Boeing, in what the company said was the biggest aircraft investment by a Mexican airline in that country's history.
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Qantas Shares Up On Emirates Alliance Report
Shares in Australia's Qantas Airways jumped 6 percent on Thursday after a newspaper reported the national carrier was in talks with gulf airline Emirates on an alliance.
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11-Year-Old Flew With No Ticket Or Passport
An 11-year-old boy who managed to fly from Manchester to Rome without a passport, ticket or boarding pass on the eve of the London Olympic Games has left red faces among airport officials, who are investigating how he did it.
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Heathrow Coping With Olympics Influx - CEO
Heathrow airport operator BAA has coped well with the influx of passengers flying into London for the Olympics and is confident it will handle the busiest day of Games flight arrivals so far on Thursday, its CEO said.
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Delayed Berlin Airport Passes Fire Safety Test
Berlin's new airport has passed a fire safety test that may let it open nearly 10 months behind schedule but the result inspired little confidence in the jaded German capital.
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Surging aircraft deliveries fuel Boeing revenue jump in Q2
Boeing today reported that net income in the second quarter rose 3% year-over-year to $967 million. Revenues increased 21% compared to the same period a year ago to break the $20 billion mark for a single quarter. The company's improved sales were fuelled a 34% jump in the value of commercial aircraft deliveries, which rose to $11.8 billion in the quarter.
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Boeing CEO: Production ramp-up goals will be met
Boeing is on track to ramp up 787 production to five aircraft a month by the end of this year and to 10 a month by late 2013, the company’s top executive said Wednesday. Announcing a strong set of second-quarter and first-half results, Boeing chairman, president and CEO Jim McNerney told financial analysts the company would be focused through the rest of the year on execution, production ramp-up and profitability. “I am confident of our ability to deliver all our goals,” he said.
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Lockheed awarded contract to supply Iraq with 18 F-16s
Lockheed Martin has been awarded a $199 million contract to support the production of 18 Block 52 F-16C/Ds for the Iraqi air force. Announced on 24 July, the order will contribute to the delivery of 12 single-seat F-16C fighters, six D-model trainers and ancillary equipment needed to support the fleet. Iraq is buying the jets under a Foreign Military Sales contract.
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EasyJet reports 10.5% revenue increase
UK low-cost carrier easyJet (U2) has reported that its total revenue increased 10.5% to £1.03 billion ($1.59 billion) for the quarter ended June 30 compared to the year-ago period. On a constant currency basis, cost per seat excluding fuel increased 1%.
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AMR's Horton says he will evaluate merger prospects
AMR CEO Tom Horton says he is open to the possibility of a merger while the airline is taking part in reorganization efforts under Chapter 11. "It has been portrayed that this company is not in favor of mergers. Nothing could be further from the truth," he said.
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US Airways posts Q2 profit of $306M
US Airways has posted net income of $306 million for the second quarter, more than triple the $92 million in the same quarter of 2011. US Airways benefited from higher fares and lower fuel prices during the quarter. Quarterly revenue increased by 7.2%, to $3.75 billion.
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Hawaiian Airlines returns to profit in Q2
Hawaiian Holdings, parent company of Hawaiian Airlines, has reported a profit of $3.9 million for the second quarter, compared with a loss of $50 million for the same quarter last year. Hawaiian Airlines recently added service from Honolulu to New York and announced new routes to Brisbane, Australia. "We're pleased with the early results from the implementation of our strategy to grow into markets which have not been the traditional mainstay of our business," company President and CEO Mark Dunkerley said in a statement.
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JetBlue Airways reports $52M profit for Q2
JetBlue Airways has reported a profit of $52 million for the second quarter, more than double the profit of $25 million for the same quarter the previous year. "Our focused growth strategy in Boston and the Caribbean & Latin America is clearly paying off as we generated record revenues and improved operating margins," CEO Dave Barger said in a statement. Quarterly revenue increased by 11%.
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American Airlines will outsource cargo-agent work in Miami
American Airlines has filed a notice to notify 63 cargo employees at Miami International Airport of layoffs. AMR, the carrier's parent company, filed for bankruptcy in November. "As part of the restructuring changes, American will be outsourcing all cargo agent functions and some airport services agent functions," spokeswoman Martha Pantin said.
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UPS lowers 2012 earnings estimate after missing targets for Q2
United Parcel Service has reported second-quarter net income of $1.15 a share, missing analysts' estimates of $1.17 a share. The shipping giant also lowered its full-year forecast for 2012 by 25 cents a share. "Economies around the world are showing signs of weakening," Chairman and CEO Scott Davis said. "Our customers are increasingly nervous."
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Opinion: Airline passengers benefit from choices
Nicholas E. Calio, the president and CEO of Airlines for America, says that optional airline services let customers choose which services they want. "Making personal choices about what we pay for is what we all do, every day," he writes. "Nobody expects to pay for services they don't use or subsidize someone else's choices."
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New York will be home to FAA radar center
Acting Federal Aviation Administration chief Michael Huerta said Monday that the agency would build a new air traffic control center in the New York area. The center, which is part of the FAA's modernization plan, will serve the New York, New Jersey and Philadelphia metropolitan areas. "We're very early in a process for a very important decision," Huerta said.
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Other News
Delta Air Lines posted a second-quarter loss of $168 million, reversed from a $198 million profit in the year-ago period. The airline attributed the loss to market-to-market adjustments on open fuel hedges and other special items. “While we are experiencing cost pressures in the near term, we are implementing the structural initiatives, including the 717 transaction and Trainer refinery acquisition, needed to achieve better cost outcomes,” DL CFO Paul Jacobson said. “We expect to begin realizing some of these benefits in the December quarter and into 2013.” Operating revenue rose 6% to $9.73 billion while expenses increased 11% to $9.6 billion, producing an operating income of $134 million, down 72% from $481 million year-over-year.
JetBlue Airways (B6) reported a second-quarter net income of $52 million, more than doubling its $25 million net profit in the year-ago quarter, and marking its ninth consecutive quarter of profitability and “highest-ever” second-quarter profit. Operating income jumped 51% year-over-year to $130 million, while operating revenues rose 11% to $1.3 billion on a 7.7% increase in operating expenses to $1.15 billion. Maintenance costs during the quarter soared 58.7% year-over-year. The carrier on Wednesday told reporters and analysts that repairs have become more costly, “particularly engine repairs.” Last quarter B6 said it expected to face significant maintenance cost challenges, and though it originally expected the AVEOS closure (ATW Daily News, March 26) to become a “double-digit problem,” it said that with recent progress in terms of recent negotiations, “the problem is downsized to a single-digit number.”
Hainan Airlines (HU) will launch a joint venture with Ghana’s Africa World Airlines (AWA), a regional carrier scheduled to start operations with two Embraer ERJ 145s at the end of the year. Haikou-based carrier signed a cooperative agreement with China-Africa Development Fund, Ghana SAS Financial Group and Ghana Social Security and National Insurance Trust to invest in AWA. HU, which would be the controlling stakeholder of the new entity, did not give details on its investment and ownership structure.
Qatar Airways (QR) has confirmed it is one of the companies shortlisted by Saudi aviation authorities to operate domestic services in Saudi Arabia as the kingdom seeks to liberalize its airline regime. QR CEO Akbar Al Baker has stated in the past he is interested in investing in Saudi Arabia whose large land area and young population make it a promising market, one that many analysts believe is underserved.
Malaysia Airlines (MH) is anticipating an extra $100 million in revenue from interlining passengers when it joins oneworld alliance early next year. MH currently registers MYR750 million ($235.8 million) annually in interlining passenger revenue, SVP-international affairs Germal Singh Khera said at a media briefing. MH officials confirmed the remarks to ATW. “We are foreseeing the additional revenue to roll in as early as next year, with MH completing all commercial agreements with all other members of the oneworld alliance. We are currently at the last lap of our project to synchronize our system to accommodate the oneworld alliance members to give our customers a better and holistic network coverage,” he said.
Lufthansa Technik AERO Alzey has serviced the 1,000th GE CF34-series engine, for customer Lufthansa CityLine.
Iberia Maintenance has received Pratt & Whitney certification to perform inspection and repair services on GG8 turbines.
MTU Maintenance Hannover has repaired the group’s 3,000th V2500 engine.
Marana Aerospace Solutions has completed heavy maintenance checks on two Boeing 717-200 aircraft for Turkmenistan Airlines.
Aviation Quote
The more mechanical becomes the weapons with which we fight, the less mechanical must be the spirit which controls them.
— Field Marshal Archibald P. Wavell.
On This Date
---In 1910... Capt. G. W. P. Dawes becomes the first British Army officer to be awarded an aviator’s certificate in England, when he qualifies for certificate no.17 on a Humber Monoplane at Wolverhampton, England.
---In 1929... Johnny Burtin sets a new world altitude record of 26,531 feet for airplanes with a 1-ton load. Burtin’s flight also proves that at high altitudes, fuel consumption drops considerably and wind resistance is reduced, making high-altitude flying more economical and profitable.
---In 1937... Famous pilot, Jacqueline Cochran, sets a new speed record for women by flying over 203 mph.
---In 1946…Aloha Airlines commences operations.
---In 1955…Capital Airlines adopts the Vickers Viscount, the first US airline to select a British airliner.
---In 1972…NASA announces Rockwell International as prime contractor for the Space Shuttle Orbiter.
---In 1993…Asiana Airlines Flight 733, a B737-500 (HL7229) crashed in poor weather about 4 kilometres short of the runway in Mokpo while making its third landing attempt on runway 06 at Mokpo Airport. Two of the 6 crew members and 66 of the 110 passengers on board were killed.
Daily Video
Editor’s Choice
Humor
The Navy Invented Sex
A Marine and a sailor were sitting in a bar one day arguing over which was the superior service.
After a swig of beer the Marine says, 'Well, we had Iwo Jima.'
Arching his eyebrows, the sailor replies, 'We had the Battle of Midway.
'Not entirely true', responded the Marine. 'Some of those pilots were Marines, in fact, Henderson Field on Guadalcanal was named after a Marine pilot killed at the Battle of Midway.'
The sailor responds, 'Point taken.'
The Marine then says, 'We Marines were born at Tunn Tavern!'
The sailor, nodding agreement, says, 'But we had John Paul Jones.'
The argument continued until the sailor comes up with what he thinks will end the discussion. With a flourish of finality he says...... 'The Navy invented sex!'
The Marine replies, 'That is true, but it was the Marines who introduced it to women.'
Trivia
Lockheed SR-71 Blackbird
The Blackbird was constructed mainly of what material?
The temperature of the skin at Mach 3 was in excess of what temperature?
How many SR-71s were built? How many were lost in accidents?
The first flight of the SR-71 was on? What year did it become operational?
What engines did the SR-71 use? How much thrust did they produce?
At high Mach number cruise, what part of the engine produced the most thrust? (Inlet, compressor, exhaust, etc)
If the shockwave in the inlet was not properly adjusted, what was the term given to what would happen next?
What limited the SR-71’s speed (Altitude, barometric pressure, etc)? And what was that limit.
What was used to cool the leading edges and electrical components?
What color were the tires?
What feature was used on the skin panels to allow for contraction and expansion?
Before GPS was around, what type of navigation was best suited to the SR-71, and what was the name of the system?
What type of fuel did the SR-71 use?
What was used to start the J-58s?
What color temporarily flashed as the J-58 ignited?
What was the destination of the final SR-71 flight?
---In 1993…Asiana Airlines Flight 733, a B737-500 (HL7229) crashed in poor weather about 4 kilometres short of the runway in Mokpo while making its third landing attempt on runway 06 at Mokpo Airport. Two of the 6 crew members and 66 of the 110 passengers on board were killed.
What type of fuel did the SR-71 use?
miamiair wrote:The temperature of the skin at Mach 3 was in excess of what temperature?
