Bombardier Aerospace has lost its firm order for 15 CRJ1000s from MyAir after Italy grounded the airline and suspended its license to fly on July 24. The Italian civil aviation authority said months of financial troubles had made MyAir’s services unreliable and that it would not allow it to resume operations until it presents a viable financial plan.
European Low Fares Airline Association
Business aviation is set to recover from its downturn this year, according to a company that spends much of its time monitoring traffic at the London-area airports.
First Class Cars (Booth No. 792) achieved a 30-percent increase in its business aviation-related ground transportation operations during 2008 (with more than 9,000 separate trips) and is projecting a further 20 percent growth this year.
Should anybody harbor any doubts, two recent events confirmed that the mid-decade airline-order boom has ended: Airbus announced A320 production cutbacks and Ryanair has come looking for bargain-basement prices for single-aisle airplanes. Airbus now plans to cut single-aisle production from 36 to 34 a month starting in October and possibly to a lower rate later.
European low-cost carrier Ryanair has entered “early negotiations” to order 200 to 300 new Boeing 737-800s or Airbus A320-series airliners in the coming two years. The equipment, which includes replacement capacity, would support continued expansion during the 2012 to 2017 timeframe, with Ryanair potentially benefiting from any decline in aircraft prices during the current recession.
Don’t let airlines tell you how to design airplanes, EasyJet strategic planning manager Hal Calamvokis cautioned aerospace industry delegates at last week’s NACRE conference.
“If you can’t beat them, join them” might well have been the theme for a debate on the challenge posed by the so-called no-frills carriers during last month’s general assembly of the European Regions Airline Association (ERA) in Salzburg, Austria.
European regional airlines strengthened their ties with their major airline counterparts from across the Atlantic last month, when Italy’s Air Dolomiti signed a code-share contract with United Airlines, and the UK’s Flybe entered a similar agreement with Continental Airlines.
To fly BE or to Flybe is the question that may confuse UK regional airline passengers, since British European Airlines announced on July 18 its plans to rebrand its services.
Scandinavian Airlines (SAS) has settled with Bombardier and Goodrich Aerospace the terms of a compensation agreement stemming from the airline’s grounding of its entire fleet of 27 Q400s last year. Although it would not disclose the precise conditions, SAS said the value of the compensation it will receive slightly exceeds 1 billion Swedish crowns ($163.5 million) in cash and credits for future firm and optional aircraft orders.
New European Union (EU) requirements have been introduced requiring most aircraft weighing more than 22,045 pounds or having more than 19 passenger seats to be subject to existing airline security standards. Only corporate or private aircraft that are not operating for hire are exempt from the rules, as are internal company training flights.