According to preliminary results, after years of losses, Czech Airlines reported a profit of CZK 111 million . Its financial results are more than half a billion crowns better than in 2006, when its finances ended up with a loss of CZK 396 million. The plan for 2007 had expected a profit in the range of CZK 40 million.
Macquarie Rotorcraft to acquire 12-helicopter portfolio from Milestone
AerCap offshoot Milestone Aviation Group (Milestone) has agreed to sell a 12-helicopter portfolio to Macquarie Rotorcraft. The portfolio will comprise a combination of Sikorsky S-92, Airbus H135, Bell 412 and Leonardo AW109, AW139 and AW189 helicopters which are presently on lease to six customers in nine countries across Europe, the Middle East, Africa and South-East