In a bid to establish itself as a key player in the Indian MRO market, Air India has acquired five acres of land at the new Shamshabad Airport in Hyderabad where it is about to begin building a new MRO facility. The facility – expected to be completed within 18 months – will include a new hangar capable of accommodating two A320 family aircraft simultaneously, or one B777/B747 aircraft. … [Read more...] about Air India to build Hyderabad MRO facility
Foreign MROs may face increased US scrutiny
Threatening to derail an aviation safety pact with the European Commission (EC), US lower house lawmakers have passed a bill mandating US safety inspectors to conduct more checks of overseas aircraft maintenance, repair and overall (MRO) companies. The new bill, not as yet law, requires the Federal Aviation Administration to increase its overseas inspections from once a year to twice a year, and foreign workers would have to submit to the same drug and alcohol testing and criminal background … [Read more...] about Foreign MROs may face increased US scrutiny
Hainan Air to get $440 million bailout
Hainan Airlines is set to get a capital injection of US$440 million from its parent company and the Hainan provincial government by selling them new shares, according to Dow Jones. Hainan Airlines' debt-to-asset ratio will fall to around 81 per cent after the injection, an un-named source was quoted as saying. The carrier had a debt-to-asset ratio of 87 per cent at the end of March. The airline joins other Chinese carriers, including China Eastern Airlines, China Southern Airlines and Shanghai … [Read more...] about Hainan Air to get $440 million bailout
IATA reiterates carbon neutral growth goal
IATA director-general Giovanni Bisignani has called on governments to deliver a "global and sectoral" approach to reducing aviation emissions in the so-called Kyoto 2 package scheduled for discussion this December. “Air transport is a global industry with a good track record and ambitious targets for environmental performance. But to achieve them, we need governments to take a global approach,†Bisignani said. Bisignani called on governments to define a sectoral approach in Kyoto 2 … [Read more...] about IATA reiterates carbon neutral growth goal
Airlines concerned over oil price rise
The 25 per cent rise in oil prices over the past month has sent shivers through the airline industry as it struggles to cope with the ongoing depressed cargo and passenger traffic. The CEOs of both AMR, parent of American Airlines and Southwest Airlines said market fundamentals – including a glut of crude oil on the world market – don't support prices as high as US$62 a barrel, a six-month high. But both American's Gerard Arpey and Southwest's Gary Kelly separately … [Read more...] about Airlines concerned over oil price rise
WFS wins LTU Int’l cargo contract for Miami
Worldwide Flight Services (WFS) has announced it has been awarded a three-year contract to provide cargo handling services for LTU International in Miami. The German airline operates five flights a week during the summer and four services a week in its winter schedule between Dusseldorf and Miami. Its Airbus A330 aircraft carry over 4,500 tonnes a year on the route, including a high volume of perishables. … [Read more...] about WFS wins LTU Int’l cargo contract for Miami
