Industry veterans Nick Finazzo and Bob Nichols, who were the co-founders and sole shareholders of Miami, Florida-based AeroTurbine, are ramping up operations for a new commercial aviation venture
AerSale commences operations Read More »
GA Telesis has acquired one Boeing 737-300 (MSN 23252) aircraft from Boeing Capital Corporation. The aircraft, last operated by Southwest Airlines, will enter the GA Telesis disassembly production line in Miami, Florida, and the disassembly and remarketing will be led by the GA Telesis Aircraft Systems Group (
GA Telesis acquires one Boeing 737-300 from Boeing Capital Corporation Read More »
As announced by ExelTech Aerospace on February 19, 2009, it entered into discussions with the holders of convertible debentures which mature February 26, 2009 (the “Debentures”) and obtained the consent of a requisite number of holders to extend the maturity date of the Debentures for a period of three months, to May 29, 2009. The
ExelTech reports extension of maturity of debentures Read More »
Finnair is to place its pilots on unpaid leave as a consequence of a change in flight schedules. The periods of leave, of at least one week, will be implemented as of mid-April. The reduction in human resources will vary depending on the aircraft type. The measures cover at this stage some 700 pilots and
Finnair places pilots on unpaid leave Read More »
Iberia reported that the load factor in February 2009 stood at 76.4% in the overall network, 2.7 points below the level reached one year ago. Capacity was reduced by 7.6%, while traffic decreased by 10.7%. If we discount the impact of having one less trading day in February of this year, the fall of traffic
Iberia reports traffic decrease of 11% in February Read More »
The Lufthansa Group increased its offer and sales during the past business year. The Group was able to almost reproduce its previous year
Lufthansa will adjust its capacities by 0.5% due to the decline in demand. The adjustment will occur by cancelling certain frequencies and combining routes and flights. At the same time, Lufthansa will be investing in selected growth markets. Consequently, certain regions in the route network will be strategically expanded by introducing new connections. The summer
Lufthansa adjusts offer to lower demand Read More »
Skyways Aviation has arranged the ACMI lease of a Saab 340A freighter for Loganair of the UK. Serial number 037 (LY-NSC) is under contract from Avion Express of Lithuania and began flying in Scotland last week. The aircraft is based at Inverness and is flying to Stornoway and Benbecula on freight services for the Royal
Skyways Aviation arranges ACMI lease for Loganair Read More »
Blue1 of Finland agreed to dry lease two Avro RJ85s from Cityjet of Eire. The first aircraft, serial number E2349 (reg. EI-RJL), was delivered on Friday 6th March and the second aircraft (E2350, reg. EI-RJM) is due to follow in April.
Blue1 to dry lease two Avro RJ85s from Cityjet of Eire Read More »
