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All News

June 11, 2015

GE Supporting NASA’s Efforts To Relaunch Commercial Supersonic Air Travel

Awarded 2-Year, $599,000 Program To Reduce Engine Noise During Takeoffs And Landings

Scientists at GE Global Research want to help enable future supersonic air travel by addressing existing challenges around engine noise. Global Research, which has a world-class team of research experts in acoustic, aerodynamic, fluidic, and combustion technologies, will explore new methods for reducing jet engine noise during takeoffs and landings of supersonic aircraft as part of a research project with NASA.

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IATA: Airline Profitability Strengthens Further

Lower Fuel Costs Shoring Up The Bottom Line For Many Carriers

The International Air Transport Association (IATA) announced an upward revision of its 2015 industry outlook to a $29.3 billion net profit. On expected revenues of $727 billion, the industry would achieve a 4.0% net profit margin. The significant strengthening from the $16.4 billion net profit in 2014 (re-stated from $19.9 billion) reflects the net impact of several global factors, including stronger global economic prospects, record load factors, lower fuel prices, and a major appreciation of the US dollar.

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Rolls-Royce, Liebherr-Aerospace Create Power Gearbox JV

Will Develop Manufacturing Capability And Capacity To Support UltraFan Engine

A 50:50 joint venture has been established between Rolls-Royce and Liebherr-Aerospace to develop manufacturing capability and capacity for the power gearbox for Rolls-Royce’s new UltraFan engine.

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Boeing Names Noonan As VP Of Training Systems And Government Services

Succeeds Bob Gower, Who Announced His Retirement Earlier This Year

Boeing has named Tim Noonan as vice president of Training Systems and Government Services (TSGS), effective immediately. Noonan replaces Bob Gower, who is retiring this month after nearly 30 years with the company.

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Andres Conesa Named New IATA Chairman

Dublin Is The Venue For IATA’s Next AGM

The International Air Transport Association (IATA) announced that Andres Conesa, CEO of Aeromexico, has assumed his duties as Chairman of the IATA Board of Governors for a one-year term, effective immediately. Conesa is the first Mexican to hold this position.

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Falcon Air Surrenders Air Carrier Certificate For Falcon Air Express

Had Hoped To Establish Commercial Flights Out Of Lakeland Linder Regional Airport

Plans for a commercial service from Lakeland (FL) Linder Regional Airport have been scrapped as Miami-based Falcon Air has voluntarily surrendered the air carrier certificate for Falcon Air Express to the FAA and makes plans to file for bankruptcy.

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