Adient looks to expand in aviation with Boeing

Automotive seating supplier Adient PLC is considering entering the aerospace business, announcing plans Monday to work with Boeing Co. to explore development of seating for aircraft. The recent spinoff of Johnson Controls Inc., which is one of the world’s top two suppliers of passenger car seats, is signaling it wants a piece of the growing […]

Spirit "˜pledges"™ 2017 deliveries to bank market

Spirit Airlines has "pledged" all of its 2017 deliveries to the commercial bank market for financing, says chief financial officer Ted Christie. "For 2017, we have pledged all of our aircraft already to the private bank market," he said at the JP Morgan aviation, transportation and industrials conference on 15 March. Christie adds that both […]

Airbus achieves targets proving ramp-up readiness in 2016

Airbu"™ commercial aircraft deliveries in 2016 were up for the 14th year in a row, reaching a new company record of 688 aircraft delivered to 82 customers. Deliveries were more than eight percent higher than the previous record of 635 set in 2015. These included 545 single aisle A320 Family of which 68 were A320neo, […]

IBA identifies key investment trends in the Asian aviation market

With the aviation finance community converging next week in Hong Kong for the annual Airline Economics Growth Frontiers and Asia Pacific Airfinance Conference, IBA, a leading aviation advisory firm, has been actively tracking Asian aviation investment trends. IBA says that while some sectors are experiencing a slowing for Asian, and specifically Chinese, outbound investments "“primarily […]

Demand for Air Cargo Strengthens in July

The International Air Transport Association (IATA) released data for global air freight markets in July 2016 showing robust growth in demand. Measured in freight tonne kilometers (FTKs), demand increased 5.0% in July 2016, compared to July 2015. This was the fastest pace in almost 18 months. Freight capacity measured in available freight tonne kilometers (AFTKs) […]

IATA: Driving African Economies through the Power of Aviation

The International Air Transport Association (IATA) announced the theme for the 2016 Aviation Day Africa (Abuja, Nigeria, May 23 – May 24, 2016): «Driving African Economies through the Power of Aviation.» The conference will bring together regional stakeholders to address current issues affecting aviation in Africa including the proliferation of taxes and charges, public-private partnerships, […]

Finnair chooses SITA’s Airfare Insight to stay ahead of the market

Finnair has chosen SITA"™s fares analysis technology to manage the setting of fares in both its national and international markets. SITA"™s Airfare Insight, part of the Horizon® portfolio, allows the airline to make rapid adjustments to fares in response to market conditions, in order to stay ahead of the competition. Finnair will use Airfare Insight […]

Australian airports attract passengers

Australia’s two biggest airports continue to benefit from a boom in travellers, with visitors from Asia, the UK and the US arriving in droves. A record 39.7 million travellers passed through Sydney Airport’s three terminals in 2015, up three per cent on 38.5 million a year earlier. International passengers were up 4.3 per cent at […]