DAE Capital, the aircraft leasing and financial business arm of Dubai Aerospace Enterprise (DAE), celebrated today the first Boeing 777 Freighter delivery to the Emirates SkyCargo, the Dubai-based air freighter carrier. This was the first Boeing 777 Freighter delivery to Emirates Airlines. DAE Capital, has a further 7 GE90-115B powered 777 freighters on order due […]
DAE delivers first B777F to Emirates Read More »
The Boeing Company, Danish aerospace maintenance training leader TEC Aviation, and the Dutch World Class Aviation Academy (WCAA) signed a Memorandum of Understanding to explore opportunities to develop state-of-the-art maintenance training, courseware development, computer-based training and virtual maintenance training for the Northern European aerospace market. This initiative paves the way for the possible exchange of
Boeing, TEC Aviation and World Class Aviation Academy sign MOU Read More »
Alaska reported a decrease in load factor to 76.8% in May 2009, compared to 77.8% in May 2008, on a 6.3% decline in capacity compared to the prior-year period. Traffic for the month decreased 7.5% compared to May 2008. Horizon reported a decrease in load factor to 71.7% in May 2009, compared to 73.6% in
Alaska Air Group reports May traffic Read More »
US Airways Group reported May 2009 traffic results. Mainline traffic was down 5.2% versus May 2008, while capacity was down 5.8% versus May 2008. Passenger load factor for the month of May was a record 82.8%, up 0.5 points versus May 2008.
US Airways Group reports record May load factor Read More »
WestJet announced May traffic results with a load factor of 74.1%. Traffic declined 5.8%, while capacity grew 1.2% over the same period.
WestJet's traffic down in May Read More »
Allegiant Air reported May 2009 load factor of 90.6%, up 0.7 pts compared to May 2008, traffic was up 23.9%, while capacity was up 22.9% compared to the same period last year.
Allegiant reports May 2009 load factor of 90.6% Read More »
Aircastle Limited announced that one of its subsidiaries has taken delivery of a new Airbus A330-200 aircraft on long-term lease to Aerovias del Continente Americano (“Avianca”). Avianca is the flag carrier of Colombia and one of the largest airlines in Latin America. This aircraft purchase is partially funded by a term loan from Citibank International
Aircastle closes acquisition and lease of one A330-200 aircraft Read More »
Republic Airways Holdings reported preliminary passenger traffic results for May 2009. The company reported a 5.2% traffic decrease from the same month last year, while capacity dropped 4.0%. Load factor was 75.8% versus 76.8% in May 2008. Approximately 1.7 million passengers were carried during the month, a 1.4% decrease from the same month last year.
Republic Airways reports May 2009 traffic Read More »
JetBlue Airways Corporation intends to make concurrent offerings, subject to market conditions, of 20,000,000 shares of common stock and $150 million aggregate principal amount of convertible debentures, which are to be divided into two series, each with an aggregate principal amount of $75 million and maturing in 2039 (but subject to earlier repurchase or redemption).
JetBlue announces proposed offerings of 20,000,000 shares of common stock Read More »
Bombardier released its financial results for the first quarter ended April 30, 2009. Revenues reached $4.5 billion, compared to $4.8 billion, while earnings before financing income, financing expense and income taxes (EBIT) totalled $235 million, compared to $324 million last fiscal year. The EBIT margin at 5.3% compares to last year’s 6.8%. Net income reached
Bombardier announces net income of $158 million for 1st quarter Read More »
