ACE announced that its Board of Directors has authorized a substantial issuer bid (the Offer) to purchase for cancellation up to Cdn$500 million of ACE’s Class A Variable Voting Shares and Class B Voting Shares (collectively, the Shares) for a combined aggregate of up to 23,809,523 Shares.
ACE to repurchase up to CDN$500 million of its Class A Variable Voting Shares Read More »
PAL Express, the new, low-fares brand of Philippine Airlines, completed its inaugural flight to Caticlan on May 5, 2008. The new carrier, which operates a fleet of nine modern Bombardier Q300 and Q400 turbo-propeller aircraft, will boost services on May 19 when it opens a hub in Cebu. PAL Express will fly a total of
PAL Express makes maiden flight Read More »
Qantas announced it would establish a pilot base in Perth in December 2008. The Chief Executive Officer of Qantas, Mr Geoff Dixon, said around 80 pilots would be based in Perth for intra-Western Australia and transcontinental flying to support the airline’s recently announced capacity increases. “The State’s mining and resource sector is booming and the
Qantas to open pilot base in Perth Read More »
BOC Aviation has reported a net profit of $51 million for the 9 months ending 31 December 2007. It is the first time that the Company has reported results as BOC Aviation, having changed its name from Singapore Aircraft Leasing Enterprise after it was acquired by Bank of China (BOC) in December 2006. The financial
BOC Aviation achieves record profit Read More »
BOC Aviation has expanded its Asia-Pacific marketing team with the appointment of Mr. John Bloemen as Vice President. Based in Singapore, Mr. Bloemen reports to Mr. Steven Townend, Chief Commercial Officer. Following his appointment, BOC Aviation will have a team of nine marketing specialists with presence in Asia, Europe and the Americas. Mr. Bloemen was
BOC Aviation expands Asia-Pacific marketing team Read More »
Finnair traffic, measured in passenger kilometers, increased by 9.6% in April, while the capacity was up by 18.0%, resulting in a passenger load factor of 69.8% or 5.4 points lower than last year.
Finnair's load factor decreases Read More »
AerCap recorded first quarter 2008 net income of $50.9 million. Included in the first quarter 2008 net income amount were non-cash charges related to the mark-to-market of interest rate caps and share-based compensation of $9.0 million net of tax. Total revenue in first quarter 2008 decreased 5% compared with first quarter 2007. This decrease was
AerCap Holdings N.V. reports first quarter 2008 results Read More »
Aircastle Limited reported first quarter total revenues of $135.0 million and net income of $31.6 million. Income from continuing operations for the first quarter was also $31.6 million and included expenses of approximately $3.3 million comprised of $3.0 million of charges related to the termination and ineffective portion of certain interest rate hedge agreements and
Aircastle reports first quarter net income of $31.6 million Read More »
