Asian air transport rebel Tony Fernandes, chief executive of low-cost pioneer AirAsia, will soon join the industry establishment, assuming his planned acquisition of a 20.5-percent stake in failing flag carrier Malaysian Airline System (MAS) proceeds. Last week, his Tune Group agreed to become a significant minority shareholder in MAS in return for Malaysia’s sovereign wealth fund Khazanah Nasional taking a 10-percent holding in AirAsia.
If start-ups are indicators of a healthy completion and refurbishment industry, there is cause for optimism in an industry that has been hard hit over the last several years. Recent months saw the creation of new centers, designers, vendors and consultancies as well as expansion by existing MRO facilities to include cabin outfitting.
Singapore Technologies Aerospace (Chalet D50) announced here the high-end VIP outfitting of a DC-8 former airliner for an unidentified Middle East customer. ST Aerospace’s in-house design and engineering department handled the redesign, reconfiguration and relocation of seats, galleys and lavatories in the cabin, while the company’s U.S.
Neither the U.S. nor the European sides are giving an inch in the prolonged legal, political and public relations battles over allegedly illegal aerospace subsidies. The World Trade Organization’s March 31 ruling on Airbus’s complaint about alleged subsidies to Boeing has already prompted an indignant European Union to appeal on the grounds that it doesn’t sufficiently damn U.S. conduct. As of press time, the U.S.
The African Airlines Association (AFRAA) has launched a three-year plan to realign activities with member carriers’ business imperatives. Developed by new AFRAA secretary-general Elijah Chingosho, the plan aims to transform the association into “a pulsating airline association” for Africa.
The spike in global oil prices brought about in no small measure by the unrest in the Middle East has driven the price of jet-A above $3 a gallon, prompting airlines throughout the world to adjust their air fares in an effort to compensate. According to the Air Transport Association, $3 jet fuel would raise U.S. airlines’ 2011 fuel bill by some $15 billion. Last year’s fuel bill for U.S. airlines totaled $38.8 billion.
World Fuel Services and ExxonMobil Aviation partnered to launch the Avitat Premier Card program, which provides discounted fuel and aviation-related services at participating Exxon and ExxonMobil Avitat FBOs in the U.S. and Bahamas. Customers with the Avitat Premier Card will receive special pricing, offers and services at participating locations when they identify themselves as members.
One of the primary responsibilities of the European Regions Airline Association (ERA) is to do “everything possible to ensure that things do not get worse [for members] before they become better.” So said ERA policy and regulatory-affairs deputy director-general Simon McNamara at the group’s April 2010 conference in Edinburgh after two years of “most challenging trading conditions” had left European regionals flying through metaphorical clouds
Malaysia Airlines will equip its incoming fleet of Boeing 737s with the Thales TopFlight satellite communication system. The airline placed a firm order in 2008 for 35 Boeing 737-800s, with an option for an additional 20 in a deal worth $4.2 billion at list prices. Boeing is due to deliver the first of those airplanes in October.
Airbus is mulling a fourth A320 engine option as a tactic in its single-aisle product strategy, which is expected to lead to an all-new design for service entry in 2025 or soon after.