Asia’s First Large-scale Aircraft Recycling Facility

Asia’s First Large-scale Aircraft Recycling Facility

CALC, a full value-chain aircraft solutions provider for global airlines, is pleased to announce that Asia’s first large-scale aircraft recycling facility, China Aircraft Recycling Remanufacturing Base, owned by Aircraft Recycling International Limited (“ARI”), a member company of the Group, has...
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U.S. Tax Cuts Have Helped Some Carriers Choose Boeing Over Airbus

U.S. Tax Cuts Have Helped Some Carriers Choose Boeing Over Airbus

The American planemaker’s crusade, backed by aggressive pricing and President Donald Trump’s tax cuts, is already showing results. The change in tax structure is an opportunity for Boeing and that provides it a “tax equalization” against its rivals, Ai...
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IATA lowers 2018 profit forecast 12% as fuel costs rise

IATA lowers 2018 profit forecast 12% as fuel costs rise

IATA downgraded its 2018 profit forecast for the global airline industry, projecting airlines will collectively earn $33.8 billion this year, down 12% from the $38.4 billion predicted in December 2017. Fuel costs are much higher than IATA expected when it ma...
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Solid Profits Despite Rising Costs

Solid Profits Despite Rising Costs

IATA announced its expectation for airlines to achieve a collective net profit of $33.8 billion (4.1% net margin) in 2018. This is a solid performance despite rising costs, primarily fuel and labor, but also the upturn in the interest rate...
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Higher Fuel Prices Will Put a Profit Squeeze on Airlines

Higher Fuel Prices Will Put a Profit Squeeze on Airlines

Weak and unprofitable airlines can muddle along when fuel doesn’t cost much, but it’s a very different story when the price starts to rise. The rising cost of fuel will eat into profits “significantly” from next year. The International Air...
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Avinode Details European Bizav Growth

Avinode Details European Bizav Growth

Popular European destinations are seeing an increase in demand for traffic within the continent, according to a report from Swedish online air charter marketplace Avinode (Booth D69), which recently analyzed flight requests through its online marketplace for b...
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Air Freight Growth Recovers Slightly in April, Up 4.1%

Air Freight Growth Recovers Slightly in April, Up 4.1%

The International Air Transport Association (IATA) released data for global air freight markets showing that demand rose 4.1% in April 2018, compared to the same period the year before. This was up from the 1.8% growth in annual demand recorded...
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Rising Fuel Prices Could Trigger Retirement Jump

Rising Fuel Prices Could Trigger Retirement Jump

Rising fuel prices may ground some older aircraft if airlines cut capacity, but most are putting off the decisions until after the peak summer season. This bodes well for the aftermarket, which has seen a jump in spending on older,...
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Maintenance Demand Growing For 737

Maintenance Demand Growing For 737

Aviation Week Network’s Commercial Aviation Fleet & MRO Forecast also predicts that 737-800 numbers will only peak in 2021. This is obviously great news for maintenance providers, which receive a steady stream of work from an aircraft produced in consist...
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Airlines Aren’t Passing on Higher Fuel Costs to Passengers Because of Competition

Airlines Aren’t Passing on Higher Fuel Costs to Passengers Because of Competition

The price of jet fuel is surging, but so far the airline industry has been so competitive that carriers haven’t been able to pass on much of the cost to consumers. Though airline executives would love to raise fares. But...
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