Operations
One of Canada's most prominent Northern supply companies is growing, adding an airline to its roster.The North West Company Inc., based in Winnipeg, announced last week it has bought Thunder Bay, Ont.-based North Star Air for $31 million.It also expects to invest another $14 million to expand airplane and hub capacity immediately after the sale, North West said in a news release.“Moving goods is critical to our success and NSA is a proven, superior performer,” said Edward Kennedy, president and CEO of North West.Though the company will continue using third-party carriers to ship goods north, having an in-house airline would make service faster and more consistent, Kennedy said. The deal is expected to close in June, once it passes regulatory hurdles.
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometres (FTKs) grew by 3.8% in 2016 compared to 2015. This was nearly double the industry’s average growth rate of 2.0% over the last five years. Freight capacity, measured in available freight tonne kilometres (AFTKs), increased by 5.3% in 2016.
NAV CANADA has released its financial results for the three months ended November 30, 2016. The results reflect growth in air traffic volumes as measured by weighted charging units of 5.5 per cent over the same period in the prior fiscal year and demonstrate the Company's continued success in controlling costs and making strategic investments in its core services while maintaining safe and efficient air navigation.
Field Aviation and ASELSAN, a Turkish Armed Forces Foundation Company, are jointly developing a new Special Mission Aircraft platform.
As the WestJet Boeing 737 began its final approach to Vancouver International Airport from Prince George, B.C. last February, young Harlyn was closer to Vancouver’s Children’s Hospital and the specialized treatments she would need.
GE Capital Aviation Services (GECAS) has announced the placement of its first 737-800NG passenger-to-freighter converted aircraft with Dublin, Ireland based ASL Aviation Group. The agreement covers the lease of two 737-800NG freighters.
The International Air Transport Association (IATA) has released data for global air freight markets in August 2016 showing that demand, measured in freight tonne kilometers (FTKs), rose 3.9% year-on-year. Freight capacity measured in available freight tonne kilometers (AFTKs) increased by 4.1% over the same period. Load factors remained historically low, keeping yields under pressure.Industry conditions have improved since the particularly soft patch at the start of the year. Carriers in all regions except Latin America reported an increase in year-on-year demand in August. However, regional results varied considerably. For the third time in four months airlines based in Europe posted the highest collective annual growth of all regions, while airlines in the Middle East experienced their slowest growth in more than seven years.
In its investigation report (A15W0069) released Thursday, the Transportation Safety Board of Canada (TSB) found that during firefighting operations, the aircraft encountered a fire whirl, which led to a loss of control and impact with terrain. The pilot was fatally injured in the accident, which occurred near Cold Lake, Alberta, on May 22. 2015.
Greater Toronto Airways announced on Monday it plans to operate daily scheduled flights from Toronto's Billy Bishop Airport to the Niagara District Airport in St. Catharines.
The International Air Transport Association (IATA) has released data for global air freight demand in June 2016 showing a rise in freight tonne kilometers (FTK) of 4.3% year-on-year. This was the fastest pace of growth in 14 months. Freight capacity measured in available freight ton kilometres (AFTKs) increased by 4.9% year-on-year, keeping yields under downward pressure.
NAV CANADA has announced its traffic figures for the month of June 2016 as measured in weighted charging units for enroute, terminal and oceanic air navigation services, in comparison to the last fiscal year.
Field Aviation has delivered the third of four missionized Challenger aircraft to Cobham Aviation Services. These aircraft are to provide enhanced search and rescue capabilities in support of the Australian Maritime Safety Authority’s (AMSA) operations, with the first aircraft entering service in August 2016.
Flying Colours Corp. has selected Rockwell Collins’ Venue cabin management and high-definition entertainment system for retrofit installation on all future CRJ ExecLiner conversions.
Qatar Airways Cargo has announced it will launch a new route to Halifax, Nova Scotia adding to its rapidly growing network of cargo routes and bringing its cargo service into Canada.
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