Business

July 31, 2012 - 3:20pm

Embraer released its second-quarter results this morning and the Brazilian OEM’s executive jets division showed a relatively healthy jump in deliveries from 13 in the first quarter to 20 in the second. The overall improvement in the company’s total second-quarter revenues, from $1.155 billion in the first quarter to $1.717 billion in the second, is no less attributable to the jump in airliner deliveries, from 21 in the first quarter to 35 in the second.

July 31, 2012 - 3:17pm
Embraer E-Jet Production

While today’s announcement of a firm order for six E190s from Venezuela’s Conviasa Airlines might have helped buoy Embraer’s general outlook, the deal hardly assuaged concerns among financial analysts over an airliner backlog that at the end of the second quarter has shrunk to nearly half its peak value of $21.6 billion at the end of the third quarter of 2008.

July 31, 2012 - 2:59pm

GE Aviation launched two derivatives of its recently certified 800-shp H80 turboprop engine–the 750-shp H75 and 850-shp H85. Like the H80, the H75 and H85 will be aimed at the agricultural, commuter, utility and business turboprop segments. EASA and FAA certification of the derivative engines is expected early next year. The H75 and H85 will be certified and manufactured at GE Aviation’s facility in the Czech Republic, where production of the H80 is already under way.

July 30, 2012 - 4:35pm

Pilots who received certificates from a certain designated pilot examiner (DPE) in Nevada may need to be reexamined. The FAA released Notice 8900.194 on July 13 to provide guidance to administration inspectors who may need to reexamine pilots whose certificates were approved by Edward Lane of Las Vegas.

July 30, 2012 - 4:05pm

A British court on July 26 upheld a 2009 regulatory ruling against the British Airport Authority (BAA), which means that the company must sell Stansted Airport (EGSS). The BAA decided to fight the forced sale in court after the 2009 decision.

July 30, 2012 - 3:49pm
United check-in counter at Chicago O'Hare Airport

Ancillary revenue collected by airlines for products and services ranging from checked bags and extra legroom to co-branded credit cards continues to grow in size and importance to the industry. Fifty world airlines that disclose proceeds from such activities reported $22 billion in ancillary revenue last year, marking a 66-percent increase over 2009 results, according to a new report.

July 30, 2012 - 3:47pm
Aeroflot SSJ100-95

Russia’s General Account Office (GAO) has completed a study into the Sukhoi Superjet 100 program and found it “under the threat of closing down.” In its report, the GAO says that direct government investment in the project from 2003 to 2010 amounted to 16.9 billion roubles ($513 million).

July 27, 2012 - 10:41am
Airbus A350 front section

Airbus will delay first flight and entry into service of the A350XWB by another three months to address a manufacturing glitch at its Broughton, UK, wing production facility, EADS executives revealed during today’s half-year earnings briefing. Already a year behind schedule, the A350-900 now won’t reach the market until at least the second half of 2014.

July 27, 2012 - 10:00am
Comair CRJ

The first airline in the Western Hemisphere to fly the current generation of 50-seat regional jets will cease all operations by the end of September. Delta Air Lines subsidiary Comair, a Bombardier CRJ operator since 1993, will fly its last passenger on September 29, marking the end of a 35-year run as one of the most recognizable names in the U.S. regional airline business.

July 26, 2012 - 4:10pm
Gulfstream Shines in General Dynamics’ 1H Earnings

With sales of $1.6 billion, up 16 percent from the same period last year, General Dynamics’ aerospace group was a bright spot in the company’s second-quarter 2012 financial report, released yesterday morning.

 
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