Exactly two decades ago, the consortium that was to become International Aero Engines (Hall 5, Stand B10) was formed to build an engine, the V2500, to compete with CFM International’s CFM56 to power the Airbus A320. Since then, IAE has won itself a half-share of the world’s biggest civil market for aero engines and this year will mark delivery of the 4,000th engine and 50 million hours of service on the A320 series.
West Palm Beach, Fla.-based Greenjets last month launched a shared-ride charter jet membership service as a more environmental and economical way to use private jets. One-year memberships begin at $1,440 and fixed per-seat costs for a one-way New York to Florida charter flight start at $1,800 with a Black card membership.
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.
Boeing Capital and Grupo Mexicana today announced they have entered a lease agreement covering 25 Boeing 717-200s for use by the airline group’s MexicanaClick operation. Under the terms of the contract, MexicanaClick will begin receiving the 717s from Boeing Capital later this month and launch service early next month, according to a Boeing Commercial Airplanes spokesman, making it the first North American 717 operator outside the U.S.
The FAA yesterday reached a settlement with Southwest Airlines that reduces the civil penalty it proposed to levy against the carrier on March 6 last year from $10.2 million to $7.5 million. The agency proposed the penalty after it found that Southwest operated 46 airplanes on 59,791 flights without performing mandatory inspections for fuselage fatigue cracking.
A new regional airline subsidiary of Mexicana Airlines will start service from Guadalajara on March 15 with used Bombardier CRJ200s, the company announced last month.
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.
Dubai-based leasing company LCAL has opted to shrink the size of its order for 787 Dreamliners from 21 airplanes to five, Boeing confirmed today. The move comes a week after Russia’s S7 Group, parent of S7 Airlines, cancelled an order for 15 of the airplanes. Together, the contract cancellations/modifications lowered the size of the 787 orderbook from 910 to 879.
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.
Since the Big Three automakers flew to Washington in business jets to ask for bailout money, rumors about flight department closures have multiplied.