NewsCOMAC launches C919 inaugural flightChina’s Commercial Aircraft Corp. (COMAC) launched the first flight of its C919 narrowbody May 5. The aircraft departed from Shanghai Pudong International Airport and flew over Shanghai’s neighboring county of Qidong, in the Jiangsu Province, for 1 hour and 20 min.
LinkIAG net profit falls 74% in 1Q; operating profit up 9.7%International Airlines Group (IAG) posted a first-quarter net profit of €27 million ($29.6 million), down 74% from net profit of €104 million in 1Q 2016. The company said adverse currency movements played a significant part in the profit drop. Revenue for the quarter was €4.9 billion, down 2.8% from the year-ago figure of €5.08 billion.
LinkAir Canada posts $28 million 1Q net loss as fuel costs soarAir Canada incurred a 2017 first-quarter net loss of C$37 million ($27.8 million), reversed from a net profit of C$101 million in the 2016 March quarter, as rising fuel costs hit the bottom line. Air Canada executives pointed to record first-quarter revenue of $3.6 billion, up 9% year-over-year (YOY), and the fact that the airline continues to aggressively grow, which they believe will pay off long term.
LinkJazeera profits slip again in 1Q as economy slowsJazeera Airways announced a net loss of KD900,000 ($2.96 million) for 1Q 2017 as it continued to be hit by a slowing economic backdrop and excess capacity in the area. The Kuwaiti hybrid carrier achieved the result on revenue of KD10 million, down 15.3% on the same period in 2016. Load factor was 72%, down 0.9% from 1Q 2016.
LinkAirbus books $4.8 billion in April commercial aircraft ordersAirbus booked firm orders* for 25 commercial aircraft from six customers in April, valued at approximately $4.8 billion, more than doubling the April commercial aircraft sales total of Boeing. The Toulouse-based manufacturer delivered 46 aircraft to 30 customers during the month (compared to Boeing’s April deliveries of 51 aircraft to 32 customers).
LinkNAV Canada, FAA flight test Aireon ADS-B space-based tracking systemSpace-based ADS-B developer Aireon said three separate flight tests involving the data-collecting technology were conducted by NAV Canada, FAA and private vendor Polaris Flight Systems in March, demonstrating the system’s inflight messaging and receiving capability as comparable to ground-based receivers.
LinkNorwegian evaluates long-haul flights from GermanyEuropean low-cost carrier (LCC) Norwegian is continuing its long-haul expansion by studying long-haul routes from Germany, although the LCC would not confirm specific routes. “Norwegian is growing in Germany,” a spokesperson in Oslo told ATW. “Also, 250 [ordered] aircraft are coming to Norwegian. We see a potential for long-haul flights from Germany,” she said.
LinkAir Lease Corp. posts $85 million 1Q net profitCommercial aircraft lessor Air Lease Corp. (ALC) posted $84.9 million in net income for the 2017 first quarter, down 8.5% from $92.9 million in 1Q 2016. Los Angeles-based ALC’s revenues for the quarter totaled $360.2 million, up 4.9% over $343.3 million in the year-ago quarter. The company’s expenses increased 13.5% year-over-year (YOY) to $226.3 million; operating income for the quarter was $133.9 million, down 7% YOY.
LinkTurkish Airlines, Middle East Airlines to codeshareLebanon’s Middle East Airlines (MEA) and Istanbul-based Turkish Airlines will codeshare beginning May 15. Star Alliance member Turkish will place its TK designator code on SkyTeam member MEA´s double-daily Istanbul Ataturk-Beirut flights; in return MEA will place its ME designator code on Turkish’s 3X-daily flights on the same route.
LinkWizz Air to begin St. Petersburg serviceCentral and Eastern European low-cost carrier (LCC) Wizz Air will launch 2X-weekly Budapest-St. Petersburg Airbus A320 service Aug. 27, becoming the first foreign LCC to operate to Russia’s Pulkovo International Airport. Wizz Air received a Budapest-Moscow Vnukovo designation and launched flights to the Russian capital in 2013. Since then it has carried 440,000 passengers between the two cities, Wizz Air said.
LinkATSB airs safety concerns on ATR pitch controlsThe Australian Transport Safety Bureau (ATSB) has called on ATR to quickly complete an engineering assessment of the type's pitch control system, amid possible concerns that a serious design flaw may be present in the ATR 42 and 72 series.
LinkA350-1000 undergoes fuel-flow tests in the UKAirbus's A350-1000 has completed fuel system tests in the UK as part of the twinjet's certification program. One of the three test aircraft, MSN71, was flown to Cardiff where the tests were performed over 3-4 May.
LinkBoeing's CSeries trade complaint lacks credibilityIn perhaps the most back-handed compliment one manufacturer can pay another, Boeing feels so threatened by the Bombardier CSeries that it has filed a formal complaint with the US government. Mirroring a previous move by Embraer with the Brazilian government, Boeing accuses the Canadian manufacturer of exploiting billions in explicit government subsidies to sell commercial aircraft well below cost.
LinkFirst Italian F-35B rolls off Cameri lineThe first short take-off vertical landing Lockheed Martin F-35B assembled outside Fort Worth, Texas, rolled off the final assembly and check out (FACO) facility 5 May in Cameri, Italy. Lockheed and Leonardo operate the Cameri FACO, owned by the Italian Ministry of Defense, which will complete full assembly of both the conventional take-off landing F-35A variant and F-35B. Leonardo also assembles wings for the F-35A at the Cameri site, as a second-source supplier to Lockheed.
LinkNorwegian investigators no closer to pinpointing root cause of H225 crashAnalysis concluded after the fatal crash of an Airbus Helicopters H225 last year revealed that gearbox components made by one of two suppliers were more susceptible to surface degradation, Norwegian investigators have disclosed. The latest interim report from the SHT agency into the fatal loss of the CHC Helikopter Service-operated rotorcraft (LN-OJF) has been released to coincide with the one-year anniversary of the event.
LinkVega needn't thank its lucky starsWhen launching rockets, there may be grades of failure – explosion and debris being total, payload damaged or in wrong orbit being partial – but anywhere along that scale is a financial and mission disaster. Success, on the other hand, is absolute – and absolutely, totally delightful.
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