Rolls-Royce launches manufacturing of largest fan blades

Rolls-Royce launches manufacturing of largest fan blades

🕔14:49, 11.Feb 2020

Rolls-Royce has started to manufacture the world’s largest fan blades, for its UltraFan demonstrator engine that the firms claims will set new standards in terms of efficiency and sustainability.  As a set the composite blades have a 140-inch diameter, which

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TEAM enters ABS sector with $305m engine deal

TEAM enters ABS sector with $305m engine deal

🕔14:45, 11.Feb 2020

 Total Engine Asset Management (TEAM) has launched its first asset-backed securitisation (ABS) transaction – Sunbird Engine Finance 2020-1 – backed against a portfolio of 30 engines, valued at $305 million and one of the few securitisations using this type of

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Finnair reports January traffic

Finnair reports January traffic

🕔16:05, 10.Feb 2020

In January 2020, Finnair experienced strong demand and carried 1,122,000 passengers, 11.3% more than in the corresponding period of 2019. The overall capacity measured in available seat kilometres (ASK) increased in January by 10.5%. Finnair’s traffic measured in revenue passenger

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Aeroflot moves Tokyo flights to Haneda airport

Aeroflot moves Tokyo flights to Haneda airport

🕔15:25, 10.Feb 2020

From 29 March,  Aeroflot’s flights to and from Tokyo will switch from Narita airport to Haneda airport (Terminal 3).  Aeroflot operates its daily flights to Tokyo using Boeing 777-300ER aircraft in a three-class configuration – Business Class, Comfort Class (Aeroflot’s premium

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Air Arabia record profits over AED 1 Billion for 2019

Air Arabia record profits over AED 1 Billion for 2019

🕔15:03, 10.Feb 2020

Low cost Middle East carrier Air Arabia (PJSC), reported a net profit of AED 1 billion ($273million) for the 2019, an increase of 80 per cent on 2018. The airline’s turnover for the full year 2019 reached AED 4.75 billion,

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ST Engineering’s Aerospace secures three-year airframe heavy maintenance contract

ST Engineering’s Aerospace secures three-year airframe heavy maintenance contract

🕔14:59, 10.Feb 2020

ST Engineering’s Aerospace arm has secured a three-year airframe heavy maintenance contract from an unnamed major North American airline.  ST Engineering will provide heavy maintenance support on the airline’s fleet of Airbus A320 family aircraft of A319, A320, A321neos at

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Air Serbia posts 27% increase in passenger numbers for January

Air Serbia posts 27% increase in passenger numbers for January

🕔14:55, 10.Feb 2020

Air Serbia posted continued passenger growth in January when it carried 168,856 passengers from Belgrade Airport, a 27% uplift on the same period 12 months earlier. According to the firm this represents the best operational results for January since the

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Libor transition survey – a smooth or rocky path ahead?

Libor transition survey – a smooth or rocky path ahead?

🕔14:52, 10.Feb 2020

The 2021 deadline for transitioning away from Libor, and the other interbank offer rates (Ibors), which provide the pricing benchmark for a $400 trillion dollars notional of underlying financial instruments is rapidly approaching. A packed house at Airline Economics recent

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Rolls-Royce launches new data-led digital platform Yocova

Rolls-Royce launches new data-led digital platform Yocova

🕔13:57, 10.Feb 2020

Rolls-Royce data innovation catalyst R2 Data Labs has launched Yocova – a new data exchange and collaboration platform for the aviation sector. The platform seeks to provide users with an online platform for open, secure data sharing and insight and has signed up

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Aeroflot and Japan Airlines agree on codeshare partnership

Aeroflot and Japan Airlines agree on codeshare partnership

🕔13:51, 10.Feb 2020

Aeroflot and Japan Airlines have inked today a codeshare agreement that will offer added flexibility to passengers travelling between Russia a comes into effect from 29 March 2020. Both airlines will operate daily services between Tokyo Haneda and Moscow Sheremetyevo, as well as

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