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Boeing forecasts Africa customers likely to purchase about US$80 billion in commercial aircraft over next 20 years.

posted Sep 22, 2010, 5:35 AM by Rowan Hewitt   [ updated Sep 22, 2010, 5:37 AM ]

ATR looks to increase production rates to 60 aircraft per year in 2012, with possible further increase in 2013, according to CEO Filippo Bagnato.

Bertolt Flick, owner of Baltijas Aviacijas Sistemas, which is a co-owner of airBaltic (Latvia), intends to start up new airline in Lithuania. New carrier to have separate business model than airBaltic, and to offer services in different market, according to Flick. Operations expected to begin April 2011 with US$1.32 million intial investment and be based in Vilnius.

Air Transport Association of America reports US airlines recorded eighth consecutive month of revenue growth as passenger revenue rose 17 percent in August 2010 in comparison to August 2009.

Aergo Capital (Ireland) sells its interest in Safair (South Africa) to ASL Aviation (Ireland) for undisclosed sum. Aergo acquired Safair in December 2008 for US$80 million.

Ethiopian Airlines to launch nonstop services from Addis Ababa to Washington DC on November 19, following delivery of B777-200LR on same day from Boeing. Carrier plans to launch service to Toronto in 2011 and other US destinations following delivery of additional B777s.

Airbus in final talks with suppliers about re-engined A320 with possible decision by October 2010, according to COO Fabrice Bregier, who expects re-engined A320 to expand life of aircraft another 10 years and lead up to 4,000 more aircraft sold.

Boeing forecasts Africa customers likely to purchase about US$80 billion in commercial aircraft over next 20 years.

IATA raises industry 2010 profit outlook to US$8.9 billion, up more than 300 percent from earlier forecast of US$2.5 billion. Profit in 2011 expected to drop to US$5.3 billion.

Sukhoi (Russia) commences community noise test of SSJ100 at Levaldigi airport in Italy as part of its certification program.

Air Namibia suspending flights between Windhoek-Walvis Bay, Walvis-Luderitz and Luderitz-Cape Town from September 27, as part of network re-assessment, according to senior manager sales and marketing Wimple van Vuuren.

Afriqiyah Airways (Libya) and Libyan Airlines merger decision to be announced by government during mid October 2010, according to chairman Sabri Shadi of Libyan African Aviation Holding – parent of both carriers.

Air Zimbabwe reportedly to take delivery of two new A340-200s for US$400 million in October and November 2010. Aircraft to service long-haul routes, mainly to China and UK.

Monarch Group (UK) appoints Conrad Clifford as new CEO, effective December 1.

NIKI (Austria) to take delivery of fifth E190 on October 8, direct from Embraer.