Nordic Aviation Capital A/S (“NAC”) and KIRK Kapital A/S announced an agreement for a sale and leaseback transaction with AMR Leasing Corporation (a wholly-owned subsidiary of AMR Corporation) for 39 ATR 72 aircraft operated by Executive Airlines. AMR Leasing Corporation will sell the 39 ATR 72 aircraft to an entity that will lease the aircraft […]
NAC and AMR sign sale and leaseback agreement Read More »
British Airways Plc confirmed that it is exploring a potential merger with Qantas Airways Limited via a dual-listed company structure. The discussions between British Airways and Iberia are continuing. There is no guarantee that any transaction will be forthcoming and a further announcement will be made in due course.
BA in merger talks with Qantas Read More »
After receiving a second proposal by Ryanair, Aer Lingus released the following statement: The Board of Aer Lingus Group plc (“Aer Lingus”) has considered the announcement by Ryanair Holdings plc (“Ryanair”) of its intention to make another unsolicited offer for the whole of the issued and to be issued ordinary share capital of Aer Lingus
Aer Lingus rejects second proposal by Ryanair Read More »
MESA AIR GROUP has finalized an agreement with Fokker Services, a part of the Stork Aerospace division for the sale, management, and repair of its DHC8-200 spare parts inventories. Under the agreement, Fokker Services will immediately pay Mesa approximately $3 million in cash for the spare parts and will manage and repair the inventory for
Mesa announces sale of DHC8-200 parts and component maintenance agreement Read More »
Boeing engineering and technical employees represented by the Society of Professional Engineering Employees in Aerospace (SPEEA) IFPTE Local 2001 ratified four-year collective bargaining agreements covering nearly 21,000 employees in Washington, Oregon, California and Utah. SPEEA announced the result December 2nd, following a vote-by-mail process. Boeing and SPEEA leaders agreed Nov. 14 on the terms of
Boeing engineering and technical employees ratify contracts Read More »
Continental Airlines reported a November consolidated (mainline plus regional) load factor of 77.3%, 2.8 points below the November 2007 consolidated load factor, consolidated traffic decreased 10.5% and capacity decreased 7.3% as compared to November 2007.
Continental Airlines reports November traffic down 10.5% Read More »
With the maiden flight on November 28 of China
Chinese Aviation Industry airborne with GE-powered ARJ21 Regional Jet Read More »
