Aero engines continue to represent “a robust investment opportunity” for those trading in the market for leased spares, according to the International Bureau of Aviation (IBA). However, the UK-based consultancy’s 2013 Engines Value Book, published last week, shows significant variations in engine values and shifts in demand for leased powerplants.
AIN Air Transport Perspective » July 8, 2013
Mitsubishi Aircraft expects parent company Mitsubishi Heavy Industries to start final assembly of the first MRJ90 in Nagoya, Japan, within “two to three months,” ostensibly in time for its planned maiden flight by year-end. Schedules call for first delivery of the airplane to launch customer All Nippon Airways of Japan by the end of 2015.
A request for tender (RFT) issued by Airservices Australia last month for the “oneSky Australia” program presents a “once-in-a-generation opportunity” to field a joint civil and military air traffic management system by 2020, according to the government-owned air navigation services provider.
The U.S. Federal Aviation Administration (FAA) has informed India’s Directorate General of Civil Aviation (DGCA) that it will conduct an independent safety audit of air transport oversight on the subcontinent in August. India has asked for an extension of the date.
The notice follows a report published in March by the International Civil Aviation Organization (ICAO) that identified significant safety concerns overlooked by India while overseeing its airlines (air operators, charters and general aviation).
The Asiana Airlines Boeing 777-200ER that crashed while landing at San Francisco International Airport (SFO) on Saturday had approached the runway at a speed “significantly below” the 137 knots targeted by the crew, according to preliminary data authorities have extracted from the airplane’s flight data and cockpit voice recorders.
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