Airbus suffers cyber attack

Airbus suffers cyber attack

🕔15:09, 31.Jan 2019

Airbus has reported that it had detected a cyber incident on its commercial aircraft business information systems, which resulted in “unauthorised access to data”. The manufacturer stated that there is no impact on Airbus’ commercial operations and that the incident

Read Full Article
Wizz Air chief blames lack of consumer confidence for fall in profits

Wizz Air chief blames lack of consumer confidence for fall in profits

🕔15:08, 31.Jan 2019

Jozsef Varadi, chief executive of Wizz Air, has pointed to a lowering of consumer confidence for the fall in profits for the airline as well as added costs from higher fuel prices and expansion. Pre-tax profits fell by 90% to

Read Full Article
S7 Airlines to start new domestic and international flights from Pulkovo

S7 Airlines to start new domestic and international flights from Pulkovo

🕔15:07, 31.Jan 2019

In the 2019 IATA Summer season, S7 Airlines will launch four new scheduled flights from Pulkovo St. Petersburg Airport. The carrier will offer services to the cities of Palma de Mallorca, Barcelona (Spain), Nice (France) and Anapa (Russia). Flights on

Read Full Article
TrueNoord leases five new ATR 72-600s to IndiGo

TrueNoord leases five new ATR 72-600s to IndiGo

🕔15:05, 31.Jan 2019

TrueNoord, the specialist regional aircraft lessor, has leased five new ATR 72-600s to InterGlobe Aviation Limited (IndiGo). The first two aircraft were delivered at the end of December with the remaining three integrating with the fleet in the coming months.

Read Full Article
NAC welcomes GIC as a new shareholder

NAC welcomes GIC as a new shareholder

🕔15:04, 31.Jan 2019

Nordic Aviation Capital (NAC) has formally welcomed GIC, Singapore’s sovereign wealth fund, as a new shareholder. The transaction comprises a partial sale by the existing shareholders and the injection of new capital to further strengthen NAC’s balance sheet and solidify

Read Full Article
Bombardier extends Learjet aircraft engine maintenance intervals

Bombardier extends Learjet aircraft engine maintenance intervals

🕔15:03, 31.Jan 2019

Bombardier has announced that Learjet 70 and Learjet 75 aircraft operators now benefit from lengthened intervals between recurring major powerplant inspections, which have been extended from 3,000 to 3,500 engine hours. This interval extension directly benefits the bottom lines of

Read Full Article
Aviation engineering companies form the Independent Aircraft Modifier Alliance (IAMA)

Aviation engineering companies form the Independent Aircraft Modifier Alliance (IAMA)

🕔15:02, 31.Jan 2019

A group of players in the aviation industry are cooperating to form a new alliance in the field of aircraft modification. EAD Aerospace, Envoy Aerospace, Etihad Airways Engineering and Lufthansa Technik have signed a Memorandum of Understanding (MoU) to form

Read Full Article
CargoLogicAir’s FTK climb 36% and revenues double in 2018

CargoLogicAir’s FTK climb 36% and revenues double in 2018

🕔15:01, 31.Jan 2019

CargoLogicAir’s (CLA) annual Freight Tonne Kilometres (FTK) grow by 36% in 2018 to 780,000 aligned with a 30% increase in block hours of 13,000. CLA has tripled volumes of Oil & Gas industry, Aerospace, Heavy Machinery and Humanitarian cargoes over

Read Full Article
ATR performs on target

ATR performs on target

🕔14:59, 31.Jan 2019

In 2018, ATR delivered 76 aircraft, booked 52 firm orders and stabilised its annual turnover at $1.8 billion. With a total of 165 orders and 154 deliveries between 2017 and 2018, ATR achieved a book to bill ratio above 1.

Read Full Article
Lufthansa Systems launches new financing model for in-flight connectivity

Lufthansa Systems launches new financing model for in-flight connectivity

🕔14:57, 31.Jan 2019

Lufthansa Systems says that in response to growing demand in the aviation industry for partially or fully financed IFEC solutions, is cooperating with technology partners to offer a flexible new refinancing approach for making on-board entertainment and Internet attractive to

Read Full Article