Korean Air up, Asiana down in Q1 earnings

Asiana Airlines | May 16, 2016

SEOUL, May 16 (Yonhap) -- Korean Air Lines Co., South Korea's largest flag carrier, reaped a record operating income in the first quarter of 2016, while its local rival Asiana Airlines Inc., saw its profit dwindle.

Spotlight

At GE Aviation we believe that to help an aircraft become more efficient we need to deploy and use alternate energy sources. Listen to our UK team discuss how they are evaluating hydrogen fuel cells and a potential alternative to ram air turbines (RATs) or even auxiliary power units (APUs).


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AIR TRANSPORT

Constant Aviation Adds Philadelphia-Based Aircraft on Ground Mobile Response Capabilities

Constant Aviation | September 14, 2022

Constant Aviation today announced that it has added to its nationwide AOG (Aircraft on Ground) mobile response network with a new Philadelphia-based group that will focus on servicing southeastern Pennsylvania and southern New Jersey. It is the second new location announced this year after the new station in Salt Lake City. Constant Aviation now operates 28 AOG teams nationally, up by more than 30 percent from the 21 teams in 2020. “In my 25 years in the private aviation industry, this continues to be one of the most robust periods we have seen and that has generated record demand for our services,The increase in AOG service locations is intended to help meet current demand, but mobile AOG services have proven sustainable in all market conditions as aircraft always need on-demand service at the hundreds of smaller airports that lack substantial maintenance capabilities.” David H. Davies, Constant Aviation’s Chief Executive Officer Davies said that Constant Aviation is bolstering its capabilities by expanding hiring, not only in its newest locations – Philadelphia and Salt Lake City – but also in such high-demand areas as California, Texas, Florida, the Chicago and Scottsdale metro areas and the greater Northeastern U.S. “We’ve always said our most important asset is our workforce of trained, talented technicians, and that has never been more true than during the current surge in business,” said Davies. “We’re looking to expand our team by recruiting new technicians through a range of channels, and offering not only opportunity but also the most competitive compensation and the best working conditions in the industry.” Constant Aviation Steps Up Technician Recruitment Efforts Constant Aviation recently enhanced its Maintenance Technician Apprenticeship Program, which enables applicants without military or college training to participate in a two-year aviation services program and earn the FAA Airframe Certification, a first step in a career in aviation services. Program participants learn by performing technical tasks alongside veteran technicians and participate in classroom and lab work all while earning a steady income. Constant Aviation covers the cost of all training and certification testing for the program.In addition to the apprenticeship program, the company is recruiting established technicians by offering a $15,000 signing bonus for military veteran candidates, a $2,000 signing bonus for other successful technical position candidates and grants of up to $8,000 to successful aircraft-on-ground (AOG) technician candidates following the completion of their first year with the company. Constant Aviation also boosted recruitment and retention by increasing pay to all technicians by 10 percent, offering tuition reimbursements and increased paid time off and expanding career-enhancing training opportunities, with training engagements up 150 percent. AOG a Critical Part of Aircraft Maintenance Services Constant Aviation’s 28 AOG mobile teams now support 86 aircraft models from 14 manufacturers, and each AOG vehicle is fully equipped and supplemented with expanded tooling strategically placed around the country, so aircraft can be serviced wherever they are located, whether in a hangar, at an FBO or on a ramp. In addition to its nationwide network of mobile technicians, Constant Aviation operates full-service aircraft maintenance facilities at Cleveland Hopkins International Airport (ICAO: KCLE) and Orlando Sanford International Airport (ICAO: KSFB) that provide airframe and engine maintenance, major repairs, avionics, interiors and painting. About Constant Aviation Constant Aviation specializes in aircraft and engine maintenance, major repairs, avionics, interiors and paint. In addition, it offers mobile response services through its AOG division, and accessory and composite services through its Nextant Aerospace division. With more than 15 years of expertise in a comprehensive array of business jet airframes, Constant Aviation has raised the bar in aircraft maintenance expectations by focusing on quality, always. Constant Aviation is the official aircraft maintenance and AOG support of the NHRA and the title sponsor of the NHRA Factory Stock Showdown class.

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AIR TRANSPORT

NASA TV to Cover SpaceX Cargo Dragon Departure from Space Station

NASA | August 12, 2022

A SpaceX Dragon cargo resupply spacecraft returning science to Earth for NASA is set to depart the International Space Station on Thursday, Aug. 18. NASA will provide coverage of Dragon's undocking and departure on NASA Television, the NASA app, and the agency's website beginning at 10:45 a.m. EDT. Watch online at: Ground controllers at SpaceX in Hawthorne, California, will send commands at 11:05 a.m. for Dragon to undock from the forward port of the station's Harmony module and fire its thrusters to move a safe distance away from the station. Controllers will command a deorbit burn the following day. After re-entering Earth's atmosphere, the spacecraft will make a parachute-assisted splashdown off the coast of Florida. NASA TV will not broadcast the splashdown, and updates will be posted on the agency's space station blog. Dragon will carry back to Earth more than 4,000 pounds of supplies and scientific experiments that were designed to take advantage of the space station's microgravity environment. Splashing down off the coast of Florida enables quick transportation of the experiments to NASA's Space Station Processing Facility at the agency's Kennedy Space Center in Florida, allowing researchers to collect data with minimal sample exposure to Earth's gravity.

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AIR TRANSPORT

Canada Jetlines Receives Canadian Transportation Agency Licenses to Operate Domestic, Non-Scheduled International and Scheduled International Services

Canada Jetlines | August 23, 2022

Canada Jetlines Operations Ltd. (“Canada Jetlines”) the new, all-Canadian, leisure airline, announced today that the Canadian Transportation Agency has issued Canada Jetlines airline licenses.“Canada Jetlines is pleased to announce that it has received its Domestic, Non-scheduled international, and scheduled international service licenses from the Canadian Transportation Agency. With the Air Operator Certificate that was issued on August 18, 2022, by Transport Canada, Canada Jetlines has now completed all government requirements and obtained all certification to start operations. “I am extremely proud of this achievement and the hard work completed by all the employees and the support we received for this project from Ed Wegel and his team at GlobalX, as well as all our other partners. I want to pass my appreciation for the trust our partners have put in the Canada Jetlines team, Eddy Doyle CEO Canada Jetlines. “We will be announcing our fall schedule shortly with an updated inaugural flight date and are excited at the possibilities ahead of us to provide Canadians with a new air service,” said Duncan Bureau Chief Commercial Officer of Canada Jetlines. “Canada Jetlines is fully staffed and ready to fly. As a start-up during the pandemic, we emphasize preparation and collaboration and are currently staffed to welcome guests to travel with us,” said Eddy Doyle, CEO of Canada Jetlines. “Part of the many benefits of beginning as a startup airline out of the pandemic is our staffing. We don't have to worry about bringing back team members, retraining, and so on. We are fully trained, with the full complement of crew and team members.” To learn more about limited time specials for travelers visit Jetlines.com and sign up for email updates for ticket discounts and news on upcoming destinations. Follow Canada Jetlines on all social media platforms and follow #CanadaJetlines for the latest. About Canada Jetlines Canada Jetlines is a leisure focused air carrier, which will utilize a growing fleet of Airbus 320 aircraft. The air carrier was created to provide Canadians with value vacation choices and convenient travel options to fly to fantastic leisure destinations within Canada, the U.S.A., Cuba, Jamaica, St. Lucia, Antigua, Bahamas, and other Caribbean nations. Canada Jetlines will provide exciting vacation packages to iconic Canadian destinations and beyond via strong partnerships with airports, CVB’s, tourism entities, hotels, hospitality brands, and attractions. With a projected growth of 15 aircraft by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. The carrier will use a state-of-the-art web booking platform, making the turnkey solution available to consumers, travel agents, and tour operators, with the capability of generating revenue on reservations and ancillary sales with the aim to provide more revenue opportunities to current and future agent partners and all the work that they do. We look forward to working with you to create memorable travel experiences for consumers. To learn more, please visit www.jetlines.com and follow on all social media platforms for news and updates.

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BUSINESS AVIATION, COMMERCIAL AVIATION

Private Jet Company Volato Expands and Evolves Offering with Gulfstream G280 Fleet Agreement

Volato | September 17, 2022

Volato, the most efficient way to experience a luxury private jet, today announced a new relationship with Gulfstream and a fleet order of Gulfstream G280 aircraft. With four on firm order, the aircraft will add significant capability to Volato's existing fleet of HondaJet Elites. This expansion evolves Volato's business model as they look to service a greater share of the private aviation market. Volato will be the first company to fractionalize the Gulfstream G280, preselling fractions in multiples of eighths, and will take delivery of its first G280 aircraft in early 2024.The ten-seat configured Gulfstream G280 brings the unique benefits of Volato's program to the super-mid cabin fractional customer: fly as little or as much as you like, plus, earn revenue every time your aircraft flies a live mission, evolving their business model from The most efficient way to fly luxury private with four or fewer passengers to The most efficient, friendly and rewarding way to experience a luxury private jet. "When we launched Volato, our strategy was to initially target the largest segment of the market that was not being directly addressed: short haul flights with only a few passengers,From listening to our customers' needs and recognizing that our innovative business model is not just limited to light jets, we are excited to expand our model to larger aircraft so that HondaJet owners can fly their edge case missions that are farther or with more passengers, while welcoming a new category of luxury private jet customer to Volato's superior experience." Matt Liotta, Co-Founder and CEO of Volato The Gulfstream G280 features the largest in-cabin experience and greatest efficiency in its class. The Gulfstream G280's revolutionary wing design and engine technology result in prime fuel-efficiency, reducing operational costs and supporting environmental sustainability. Volato will offset the CO2 in every gallon of fuel through its program with 4AIR, continuing its commitment to minimize its environmental footprint.When considering expanding our fleet offerings, the cabin experience and operating efficiency were important considerations,said Nicholas Cooper, Co-Founder and Chief Commercial Officer of Volato. "Gulfstream and the G280 was the clear choice as being best in class and we are excited to begin this relationship with Gulfstream.Gulfstream is grateful to Volato for the confidence they have placed in us and in the Gulfstream G280 as they expand their fleet, said Scott Neal, Senior Vice President of Worldwide Sales, Gulfstream. The G280 is an outstanding aircraft, and I look forward to Volato's customers benefiting from its cabin comfort and class-leading performance capabilities. The Gulfstream G280 will service Volato's existing owner's private aviation needs through direct fractional ownership or access to the aircraft through their HondaJet fractional ownership. As owners can fly as little or as much as they like, while earning a revenue share whenever their aircraft flies a live leg, there is no downside to having ownership in both programs, owners simply choose the most efficient aircraft for their mission. Volato's Gulfstream G280 fleet will service the United States and nearby countries. Volato operates one of the largest and most modern fleets of HondaJets in the world with 11 aircraft and 18 on order, and now offers fractional shares in four Gulfstream G280's, the Stretch Jet Card: the only in-fleet jet card that rewards flexibility, and Volato Aircraft Management Services with a focus on HondaJets and large cabin aircraft. With IS-BAO Stage 2 and ARGUS Platinum safety ratings, and an accident-free history, Volato operates with the highest safety standards of any HondaJet operator. In addition, Volato offsets the CO2 on every gallon of fuel used by its fleet through its program with 4AIR, and provides pilots with robust training and a balanced lifestyle. Volato is positioned to be an industry leader as it continues to develop the most innovative solutions in private aviation. About Volato: Volato is a full-service aviation company providing modern ways to enjoy luxury private jets through innovative, friendly, and sustainable solutions. Volato provides a fresh approach to fractional ownership, aircraft management, jet card and charter programs. Volato's fractional program uniquely offers flexible hours and a revenue share on every live mission for owners in a fleet of bespoke HondaJet Elites which are optimized for missions of up to four passengers, and Gulfstream G280's which are optimized for missions of up to ten passengers.

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Spotlight

At GE Aviation we believe that to help an aircraft become more efficient we need to deploy and use alternate energy sources. Listen to our UK team discuss how they are evaluating hydrogen fuel cells and a potential alternative to ram air turbines (RATs) or even auxiliary power units (APUs).

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