A series of new order announcements involving no fewer than three major civil airframe makers signaled the end of a late-summer sales lull on Wednesday, as airlines went on a new buying spree reminiscent of July’s Farnborough airshow. The value of the week'sday’s orderss totaled some $11.37.45 billion at list prices and involved 11886 airplanes ranging in size from the Embraer E175 regional jet to the Boeing 787-9 widebody.
Major U.S. airlines reported $3.8 billion in net profit for the first half of the year, up from the $1.6 billion they reported during the same period last year, according to Airlines for America (A4A). A 6-percent increase in operating revenues drove the year-over-year improvement, the trade group said.
Boeing likes to refer to “discipline” when it describes the approach it has taken with the 787-9, discipline in defining the firm configuration of the airplane and discipline related to the program’s engineering plan.
The shortage of qualified entry-level pilots at the regional airlines hasn’t come as some unexpected phenomenon to the Regional Airline Association. The group has warned for years now that the change in first-officer pilot requirements that mandates an ATP certificate and what it terms an “arbitrary” 1,500 hours of flying time would result in loss of air service to small communities in particular.
Embraer has achieved a 6.4-percent average fuel efficiency improvement with its updated E175, significantly more than the 5-percent gain originally targeted, the company said Wednesday as it rolled out the first of the updated models featuring what it calls a range of aerodynamic improvements. Modifications include the introduction of a new wingtip, systems improvements and aerodynamic streamlining. Embraer plans to deliver the first E175 with the complete package of modifications to Indianapolis-based Republic Airways “in the coming weeks.”
As Fort Lauderdale, Florida-based Silver Airways became the third U.S. regional airline this month to announce significant service cuts due to what it called a nationwide pilot shortage, the Regional Airline Association amplified its message of opposition to a new rule requiring 1,500 hours of flying experience for new-hire first officers.
Boeing delivered a bullish market forecast for airplane sales in the Asia-Pacific region on February 10, citing strong anticipated economic and passenger growth over the next 20 years. The manufacturer expects that the region’s gross domestic product will grow at 4.5 percent annually over the next two decades, fueling annual passenger traffic growth of 6.3 percent and cargo growth of 5.8 percent.
Year-end 2013 financial results from the newly reconstituted American Airlines Group have quickly established that the long-awaited merger of AMR Corporation with US Airways has resulted in a carrier more viable than the sum of its previously separate parts.
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.
A United Airlines Boeing 777 turned back to Newark International Airport 45 minutes after departure on January 16 after five flight attendants were injured following an encounter with severe turbulence. The cabin crew had just begun service activities at the time the turbulence hit. No passengers were injured as all were still belted in their seats following the takeoff.
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