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Avia Time is a blog on aviation industry in emerging regions. We cover aircraft maintenance, aviation training, crew and fleet management topics, as well as news from aircraft manufacturers and airlines. We focus on the aviation developments in CEE, CIA and Russian markets. Here is Avia Time newsletter, released in March 2011
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2011 March No. 3 (25)
AVIA SOLUTIONS GROUP
DEBUTS ON WARSAW STOCK
EXCHANGE
On March 3rd Av ia Solutions Group began of f icial
stock trading at Warsaw Stock Exchange. The group
was assigned ASG index. Av ia Solutions Group is the
f irst Lithuanian company to enter the Warsaw Stock
Exchange. Furthermore, it is the f irst f oreign
company to be listed on the exchange in 2011.
Read more >
Biofuels could reduce aircraft emissionsby 80%
More than 2 billion people enjoy the benef its of f ly ing each y ear y et the
commercial av iation industry produces around 677 million tonnes of carbon dioxide
per y ear. The industry has identif ied biof uels as a major way it can reduce its
greenhouse gas emissions.
Read more >
IATA: Traffic recovery continues in January, butfuel prices make to lower 2011 industry profitforecast
IATA announced that international scheduled passenger traf f ic increased 8.2% in
January compared to January 2010, while international air cargo traf f ic rose 9.1%.
Besides this, IATA warned that increasing f uel prices will likely make 2011 “v ery
challenging” f or the airline industry despite the positiv e growth numbers.
Read more >
Wizz Air will open its 4th base inRomania
A Hungarian LCC Wizz Air announced it is going to open its 4th Romanian base in
Târgu Mures this y ear. Initially one Airbus A320 will be deploy ed at Târgu Mureş
International Airport (TGM) to serv e Barcelona, Rome Fiumicino, Paris Beauv ais,
Milan Bergamo, Madrid, Dortmund and Bologna Forli.
Read more >
An-148 crashed in southern Russiakilling six people
Six people on board were killed when an An-148 aircraf t crashed 15.03.2011 during
test f light in the v illage of Garbuzov o in southern Russia’s Belgorod region.
Read more >
Airbus forecasts 33% of aircraft deliveries to move toAsia/Pacific region over next 20 years
Airbus f orecasts that Asia/Pacif ic carriers will take deliv ery of approximately 8,560
new aircraf t v alued at $1.2 trillion ov er the next 20 y ears, what represents 33% of
f orecasted new aircraf t deliv eries worldwide.
Read more >
Saab Aircraft Leasing f inalized
30 aircraf t transactions in 2010,
“nearly double” the number of
deals in 2009. Last y ear's deals
included 10 sales, 18 leases
and two third-party placements.
23 of 30 transactions were
Saab 340 aircraf t transactions.
Boeing announced that its
747-8 Intercontinental aircraf t
successf ully f inished the 1st
engine runs on its GEnx-2B
engine.
Financial Times reported that
Airbus lost a Chinese aircraf t
order to Boeing when af ter the
U.S. gov ernment used
inf luenced the Chinese
gov ernment. Airbus COO f or
customers John Leahy said
that President Barack Obama
talked about the deal with
Chinese President Hu Jintao
during his v isit to the U.S. in
January and that there was a
lot of political pressure on the
potential contract.
Adria Airways Technika
announced it completed the
f irst Airbus A320 12-y ear check
f or Spanair under a 5-y ear base
maintenance agreement, which
cov ers the carrier's A320/A321
f leet.
Turkish Technic wishes to expand in Russia
Turkish Technic is working hard in order to expand its serv ices in Russia as part of
a strategy to spread out its business outside Turkey .
Read more >
Budapest will open main part of €261 millionexpansion
Budapest Airport at the end of March will of f icially open its new Sky Court, which
links its existing terminals 2A and 2B.
Read more >
Airlines worldwide
EC starts inv estigation of Czech Airlines rescue plan
Aerof lot ordered eight 777s
Read more >
Aircraft market and industry
Airbus opened JV composite manuf acturing center in China
Boeing f ocuses on twin-aisle concept to replace 737
Read more >
Airports in EU and CIS
According to EC Poland not in compliance with airport security regulations
EU adv isory committee is against usage of body -scanners
Read more >
Various news
IATA: Western-built aircraf t accident rate decreases
“Polish pilots had no right to try to land in Smolensk”
Baltic Av iation Academy Increased Foreign Students Number
Read more >
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