Embraer has narrowed down the possibilities for its next phase of product development to two options, company CEO Frederico Curado told AIN on the eve of this Farnborough airshow. Either it will re-engine its existing line of E-Jets or develop an all-new, larger airliner–or even perhaps opt for both, likely by the end of this year.
News and issues relating specifically to regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training; and coverage of annual conventions of the U.S. Regional Airline Association (RAA) and European Regions Airline Association (ERA).
Delta Air Lines announced today that it has entered into definitive agreements to sell two of its wholly owned regional airline subsidiaries-Minneapolis-based Mesaba and Compass Airlines. Delta said it has sold Mesaba to Memphis, Tenn.-based Pinnacle Airlines for $62.0 million, and Compass to St. Louis-based Trans States Holdings for $20.5 million. Delta said it would use the proceeds from these transactions for general corporate purposes.
The Powerjet SaM146 received its EASA certification yesterday, June 23, some six years after Snecma of France and Russia's NPO Saturn founded the joint venture to build the engine and more than seven years after Sukhoi Civil Aircraft chose the engine to power the Superjet 100.
The National Transportation Safety Board has dispatched a team of investigators this morning to assist the Transportation Safety Board of Canada with its investigation of yesterday’s runway overrun of a Trans States Airlines ERJ 145 during a rainstorm in Ottawa.
Toronto-based Porter Aviation Holdings announced this week that it has decided not to proceed with a proposed $120 million IPO due to unfavorable market conditions caused by volatility in the equity markets.
The pilots of US Airways Express carrier Piedmont Airlines have applied for mediation from the National Mediation Board after 11 months of what they characterize as nearly fruitless contract talks with the company. The ALPA-represented pilots claim that management “stalling” has resulted in the sides reaching a consensus on only two sections of the proposed contract.
Halifax-based Jazz Air Income Fund has agreed to invest $15 million in Latin American Regional Aviation Holding (LARAH) in return for a 33.3-percent non-voting equity interest in the company and a minority stake in Uruguay’s Pluna Airlines. At the time of closing of Jazz’s investment, LARAH will hold an indirect 75-percent equity interest in Pluna. The government of Uruguay holds the remaining 25 percent.
The Federal Aviation Administration has proposed a $348,000 civil penalty against Republic Airways subsidiary Chautauqua Airlines for its alleged failure to perform inspections required by five different FAA airworthiness directives (ADs).
Ak Bars Aero of Bugulma, Tatarstan, officially became the fourth Russian company to launch operations with Bombardier CRJ regional jets when it began operating a used CRJ200LR under a lease agreement with a third party on April 14. Ak Bars Aero’s CRJ200LR flew its first scheduled service from Begishevo Airport, Naberezhnye Chelny, to Domodedovo International Airport in Moscow.
With conversion of an MOU signed in February, Bombardier last month inked a firm contract with Air Canada regional partner Jazz Air covering 15 Q400 turboprops.