“Our ultimate goal is to make Russian aerospace and financial products competitive in the global market,” Alexander Ivanov, deputy chairman at Vnesheconombank (VEB), told AIN. Ivanov called Sukhoi a “long-standing partner” for his Kremlin-controlled bank, with whom the latter “has spent two years structuring the workable aircraft sales system support.”
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).
For more than a year now the Sukhoi Superjet 100 has been carrying passengers with Indonesia’s PT Sky Aviation and Laos’ Lao Central Airlines. In December the Indonesians accepted their third aircraft and seem happy with the Russian 100-seat twinjet. The second airplane for Lao was ready by mid-summer and even made a public appearance at the MAKS 2013 air show in Moscow, but the aircraft has not yet been delivered to the customer.
With its diverse geography and increasingly prosperous and mobile populations, Southeast Asia has become a target of opportunity the world’s regional aircraft OEMs can no longer afford to overlook.
Wholly owned American Airlines regional subsidiary American Eagle Airlines will change its name to Envoy this spring, the company announced last month. It said the move stems from the need to eliminate confusion between the company’s current name and American Eagle, the regional flying brand under which all of American’s 10 regional affiliates will eventually operate.
Air Line Pilots Association union leaders and American Eagle management reached an agreement in principle last month that would guarantee the 60 Embraer E175s ordered by American Airlines go to the wholly owned regional carrier. In return, Eagle pilots would have to forego any pay raises until 2018 and accept increases to their contribution to their health insurance premiums starting next year.
With its diverse geography and increasingly prosperous and mobile populations, Southeast Asia has become a target of opportunity the world’s regional aircraft OEMs can no longer afford to overlook. One of the earliest to tap the region’s potential, Franco-Italian turboprop maker ATR, has for the past 15 years developed a visibility in the region unmatched by its competitors. While others concentrated on the U.S. and Europe, ATR, perhaps out of necessity, took to exploiting less obvious opportunities in developing markets within Vietnam and Thailand, for example.
The U.S. Supreme Court last Monday overturned a lower court decision to award $1.2 million to former Air Wisconsin pilot William Hoeper for defamation, ruling that the Aviation and Transportation Security Act (ATSA) ensures that airlines enjoy immunity from liability in reporting security concerns about an individual to the Transportation Security Administration as long as they do not knowingly disclose false, inaccurate or misleading information.
Iraqi national carrier Iraqi Airways has signed a firm order for five Bombardier CSeries CS300s and reserved options on another 11, Bombardier announced last month. The firm order came only two weeks after the parties announced a letter of intent at the Dubai Airshow. Bombardier places the value of the order at some $387 million based on list prices. If Iraqi Airways exercises all its options, the value would rise to $1.26 billion.
China’s Avic officially launched the MA700 turboprop program last Thursday in Beijing, according to the Chinese state-run press service The People’s Daily.
American Airlines has signed a pair of firm orders covering a total of 90 new Embraer and Bombardier regional jets for placement with its American Eagle regional affiliates, the airline announced Thursday. The deals involve 30 seventy-six-seat Bombardier CRJ900s and 60 Embraer E175s.