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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 emissions by 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, but fuel prices make to lower 2011 industry profit forecast 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 in Romania 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 Russia killing 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 to Asia/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 million expansion 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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Avia Time, March 2011  

Avia Time is a blog on aviation industry in emerging regions. We cover aircraft maintenance, aviation training, crew and fleet management to...

Avia Time, March 2011  

Avia Time is a blog on aviation industry in emerging regions. We cover aircraft maintenance, aviation training, crew and fleet management to...