NewsCommercial
Bombardier announces two-year Global 7000 delay
Bombardier has announced a two-year delay for the entry into service of the Global 7000 business jet, blaming unspecified development “challenges”. The first of the 7,300nm (13,520km)-range business jets will now be delivered in the second half of 2018 rather than in 2016 as originally scheduled. Bombardier did not disclose a schedule revision for the even longer-range Global 8000, but that was originally scheduled in 2017.
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Embraer announces two-year delay for KC-390
Embraer has delayed the certification for the KC-390 tanker-transport to the second half of 2017 and entry into service in 2018. The disclosure in the company’s second quarter earnings statement represents a delay of up to two years for the military aircraft.
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GKN's Fokker deal is electrifying
Tier-1 supplier GKN Aerospace has “strengthened its position” in its “classic” domains of wings and composite aerostructures with its €706 million ($775 million) takeover of Fokker Technologies – and bought its way into an electrical wiring capability that the company believes will prove hugely valuable as aircraft become increasingly electric.
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Rolls-Royce's Half-Year Profit Slumps
Rolls-Royce reported a 32 percent drop in half-year profits, due to a higher research and development charge and a change in the mix of commercial aircraft engines it produces. Rolls shocked investors earlier this month when it warned profits at its main aero engines business would falter next year, adding to declines seen in its marine division, where a lower oil price has caused a slowdown in orders from energy customers.
LinkAirlines
Air Canada lets loyalty points help pay for college
Air Canada has partnered with HigherEdPoints to let members of Air Canada's Aeroplan loyalty program apply points toward tuition at 70 colleges and universities. Members can also donate miles to learning institutions for scholarships.
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Alaska Airlines to add daily service between MCI & PDX
Alaska Airlines will launch daily nonstop service connecting Kansas City, Mo., and Portland, Ore., the company has announced. The new service is expected to launch in February.
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MH370: Reunion debris may carry Boeing maintenance codes
Preliminary indications suggest that an identification number reportedly seen on debris found in Reunion bears strong similarities to Boeing maintenance classification codes for 777 trailing-edge structures. Widespread reports have claimed that the section of debris – which resembles the flaperon, a high-speed aileron on the type – carries a code said to read ‘BB670’ or ‘657BB’. There is no formal confirmation of the code's presence or its composition.
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Malaysia Almost Certain Debris Is From A 777
Malaysia is "almost certain" that plane debris found on Reunion Island in the Indian Ocean is from a Boeing 777, heightening the possibility it could be wreckage from missing flight MH370. The object, which appeared to be part of a wing, is being sent to France's BEA crash investigation agency in Toulouse to verify if it is the first trace of the lost plane to be found, Malaysian Prime Minister Najib Razak said.
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Singapore Airlines Q1 Profit Improves
Singapore Airlines reported a stronger first-quarter profit, on lower fuel costs and the sale of seven Airbus A350 production slots. First-quarter net profit was SGD$91.2 million (USD$66.6 million) for the three months to end-June, up from SGD$34.8 million a year before. Revenues were up slightly at SGD$3.73 billion versus SGD$3.68 billion.
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Southwest looks toward the next generation of airline employees
Southwest brought 120 high school students from across America to its three-day recruiting event in Dallas focused on the children of current employees. "The genius of tapping into this group is that they already love Southwest," said spokeswoman Emily Samuels.
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Virgin America Net Profit Jumps 76 Percent
Virgin America reported a 76 percent jump in quarterly profit, helped by higher US travel and lower fuel costs. The company's net income rose to USD$65 million in the second quarter from USD$37 million a year earlier. Total operating revenue rose 0.5 percent to USD$400.9 million.
LinkAirports
Charlotte Douglas International Airport adding four gates in renovation
Charlotte Douglas International Airport is adding four new gates to be utilized by American Airlines. The additional gates will be added to Concourse E, which is already under renovation. CLT Interim Director Brent Cagle noted that Charlotte has benefited from the AA/US Airways merger through steady growth in domestic air service options and passenger traffic.
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Military
Egyptian Air Force receiving long-awaited Lockheed F-16s
Egypt will receive eight Lockheed Martin F-16 Block 52 Vipers from the United States in the coming days following an uptick in diplomatic relations between the two nations. The US Embassy in Cairo says eight jets will arrive at Cairo West Air Base by 31 July followed by four more sometime between September and November.
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Embraer announces two-year delay for KC-390
Embraer has delayed the certification for the KC-390 tanker-transport to the second half of 2017 and entry into service in 2018. The disclosure in the company’s second quarter earnings statement represents a delay of up to two years for the military aircraft.
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Aviation Quote
You cannot compete in time with airlines on transcontinental runs, but [trains] can outstrip them in comfort, safety, dependability of service, and also show the passenger the countryside. This, we believe, is a permanent market.
— Edward G. Budd Jr, speech before the American Association of Passenger Traffic Officers, Chicago, 24 April 1957.
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