Air France-KLM and Alitalia have reached an agreement to strengthen their partnership cemented by Air France-KLM taking a minority stake in Alitalia. Air France-KLM will subscribe to a reserved capital increase for an amount of some 323 million euros. As a result of this operation, Air France-KLM will own 25% of the capital of Alitalia. […]
Air France-KLM taking minority stake in Alitalia Read More »
Aveos Fleet Performance, formerly ACTS, announced that Aveos and Air Canada have agreed to extend the maintenance services agreement for the CFM56-5A and 5B engines – the carrier’s largest engine family – through to the end of 2018. Alan Butterfield, Vice President, Maintenance and Engineering at Air Canada commented that “this agreement with Aveos is
Aveos and Air Canada extend engine repair agreement until 2018 Read More »
AerCap Holdings N.V. announced the completion of the following transactions during the fourth quarter 2008: AerCap signed new lease agreements for 14 aircraft: Three new Airbus A330 for Air China (China), Three new Airbus A330 for Sichuan Airlines (China), Three new Airbus A320 for Air One (Italy), Three Boeing B737-400 for P.T. Metro Batavia (Indonesia),
AerCap Holdings announces fourth quarter 2008 transactions Read More »
Finnair’s CFO, MSc (Econ.), Lasse Heinonen has been appointed Executive Vice President and Finnair’s Deputy CEO as of January 13th. Mr. Heinonen has been serving Finnair since 2004 and he is a member of the Executive Board of Finnair Plc and the Management Board of the Finnair Group.
Finnair appoints new Deputy Chief Executive Officer Read More »
Iberia reported that total capacity decreased by 5.7% in December 2008 and traffic dropped by 7.0% compared to the same period in 2007. The load factor stood at 76.0%, 1.1 points down on last year.
Iberia's traffic drops 7% in December Read More »
Lufthansa released that in the twelve months from January through December, a total of about 57 million passengers took flights with Lufthansa, an increase of 1.2% on the year-earlier level. Capacity in the same period was raised by 4.9%, while traffic rose by 3.5%. The load factor fell by 1.1 percentage points to 78.6%.
Lufthansa carried more passengers in 2008 than in the previous year Read More »
Norwegian reported that total passenger traffic increased by 20% compared to 2007, capacity increased by 25% and the load factor was 74% a decrease of 3 percentage point compared to the same period in 2007.
Norwegian reports traffic growth of 20% in 2008 Read More »
SAS Group’s traffic decreased by 12.5% during December 2008 and seat capacity was down 10.2% vs 2007. SAS Group carried 2.2 million passengers in December, down 3.0% vs 2007. Total passenger load factor in December was down by 1.7 p.u. to 64,8%.
SAS Group's December 2008 traffic falls 12.5% Read More »
Boeing confirmed that FedEx has decided to exercise options to purchase 15 additional Boeing 777 Freighters. The options are part of the carrier’s original 15-airplane 777 Freighter order from 2006. FedEx is the largest holder of firm orders for the 777 Freighter.
FedEx to order additional Boeing 777 Freighters Read More »
