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Airbus spared 1 billion euro tax bill in Safran space tie-up

Business jet market slowly ascending to prerecession levels

The business jet market, a cash cow for Bombardier Inc. that financed much of the early development costs of its C Series plane, is recovering from the steep dive it took during the recession but has a long way to go before returning to the heady days of the mid-2000s. Bombardier remains the bigg...

Cessna model 525 celebrates 25 years of innovation and leadership in light jet market

Cessna Aircraft Company, a subsidiary ofTextron Aviation Inc., a Textron Inc. (NYSE:TXT) company, recently celebrated the 25th anniversary of the maiden flight of the Model 525 CitationJet prototype, the aircraft that would become the foundation of the light jet segment. The maiden flight took place...

FAA approves A350 XWB for ‘beyond 180 minutes’ ETOPS

The US Federal Aviation Administration (FAA) has approved the Airbus A350-900 for ETOPS* (Extended-range Twin engine aircraft Operations) ‘beyond 180 minutes’ diversion time. This approval means that when the first FAA-affiliated operators start to take delivery of their A350s in 2017 they will be able to serve new direct non-limiting routings, compared with a standard 180 minute ETOPS...

airBaltic Share Capital Increase Completed

Yesterday the Shareholder Meeting of airBaltic decided the share capital increase of the Company by 131 152 036 shares with the nominal value of each share being EUR 1. The newly approved share capital of airBaltic will now constitute EUR 256 472 824, composed of 256 472 824 shares. The share capital increase procedure is thus completed. After the share capital increase, the Latvian...

Is Bombardier a Threat to Boeing and Airbus’ Monopoly

The recent Delta Air Lines order has restored some confidence in Bombardier and may lead to more CS100 orders. Boeing and Airbus have long been ruling the aerospace market with their single-aisle 737 aircraft and A320 series. However, the recent Delta Air Lines Inc.'s firm order of 75 CS100 with Bombardier shows that the monopoly might soon come to an end. Airlines all around the wo...

Here are the 10 best airports in Europe

With demand for air travel in Europe growing at an impressive rate, the need for world-class airports is at an all-time high. Leading aviation reviewer Skytrax recently released the results of its annual World Airport Awards, which includes a list of the best in Europe. The Skytrax annual rankings are based on the impressions of over 13 million fliers from 106 countries. More than 550 airports...

Delta Orders 37 A321s

Atlanta, Georgia (U.S.) – based Delta Air Lines has placed an order for 37 A321ceo aircraft. This order follows previous Delta orders for the Current Engine Option version of the largest Airbus A320 Family member in 2013 and 2014. Delta took delivery of its first A321 in March 2016. Including that aircraft and today’s announcement, Delta has ordered a total of 82 A321s. Each will be po...

Bombardier strengthens sales support with appointment of Elena Skomorokhina as Sales Director

Bombardier Business Aircraft has announced the appointment of Elena Skomorokhina as Sales Director, CIS. As reported to BizavNews, the Canadian aviation manufacturer Bombardier Business Aircraft has welcomed Elena Skomorokhina as Sales Director in CIS. This information was confirmed to BizAv News by the public relations department of the manufacturer. In this new position, Elena Skomorokhi...

Jet Aviation Basel delivers first full cabin refurbishment project on Legacy 650

Jet Aviation Basel recently performed a major refurbishment in conjunction with a scheduled C-Check on an Embraer 135 Legacy 650. The refurbishment included a full carpet replacement, seat and divan re-upholstery, wood repairs, re-covering of the dado panels and a new Non-Textile Flooring (NTF) installation in the galley. In addition, the Paint Shop at Jet Aviation Basel painted the e...

This is why China's airports are a nightmare

You've never truly been late until you've travelled China's unfriendly skies. And that's a problem for those doing business in the Middle Kingdom. Danny Armstrong is used to dealing with flight delays and cancellations. As general manager of China Banking at National Australia Bank, he travels for business around China a couple of times a month. At the mercy of the nation&rsq...

Dassault Aviation to Present Long Range Falcon 900LX at the International Marrakech Air Show

Dassault Aviation will present its long range Falcon 900LX at the fifth International Marrakech Air Show. Dassault’s front line Rafale fighter will also be featured at the show, which opens today, as part of a French Air Force exhibit. The 4,750 nm (8,800 km) Falcon 900LX is the most advanced version of the proven and highly capable Falcon 900 trijet line, which has set records for rel...

Helicopter Investor Q+A: Francois Gautier, chief executive, AVINCO

In the second of our series on the high-fliers in the helicopter investment industry, Helicopter Investor talks to Francois Gautier founder and chief executive of helicopter sales and leasing specialist AVINCO. He tells us about his ideal client, his father’s connection to the world famous Concorde project and about what Hollywood royalty would he want to take the lead in a movie about his l...

11-year-old snuck past Russian airport security, flew without ID or ticket

11-year-olds are resourceful. And apparently when one puts her mind to something, no one — not parents or mentors or Russian airport security — can talk her out of it. One such 11-year-old girl in Moscow decided that it was her time to fly. She had never been on a plane before and although she lacked both ID and a ticket, she was determined to go. The girl managed to slip by...

TAG Aviation Announces A Unique Solution for Business Jet Owners and Operators

TAG Aviation announced today the introduction of a new tailored service which will release private business jet owners and operators of aircraft with a principal EU place of business or residence from the complexities and personal liabilities associated with the EASA Part-NCC regulations that come into force on 25th August 2016 while maintaining the flexibility of their privat...

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