TES Aviation Group opens new corporate headquarters and logistics facility

TES Aviation Group (TES) a subsidiary of DVB Bank SE, has inaugurated its new corporate headquarters and logistics facility. The 130,000 sq ft state of the art facility in Bridgend, Wales, UK, accommodates all engineering and materials operations of the engine management services solutions provider which now manages in excess of 450 engines for airlines […]

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Finnair seeks further cost cuts of 100 million EUROS

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Finnair is seeking cost cuts of over 100 million euros in addition to previous cost-cut measures of 100 million euros. Of the additional target, 70 million euros are to be aimed at staff costs being emphasized on next year. Finnair’s turnover has fallen since the beginning of the year by almost 15% because of a

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easyJet passenger statistics for May 2009

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easyJet reported that traffic in May increased 1.5% compared to the same period last year, while the load factor slightly improved by 0.3 pts to 83.5%.

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BA reports load factor of 75% for May

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British Airways reported that in May 2009 capacity was 5.3% below May 2008. Traffic fell by 6.5%, this resulted in a passenger load factor decrease of 1.0 points versus last year, to 75.1%. Traffic comprised a 17.2% cent decrease in premium traffic and a 4.2% fall in non-premium traffic.

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Rolls-Royce invests $1 million to expand on-wing care services in North America

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Rolls-Royce formally opened its new North American headquarters for On-Wing Care on June 4th. It is the latest facility to open in a global Rolls-Royce network of aero repair and overhaul service centers. Located at the Indianapolis International Airport, the state-of-the-art facility represents $1 million of company investment and is the sixth Rolls-Royce facility to

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SAS reports traffic decrease of 18%

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SAS Group’s traffic decreased by 18.1 % during May and seat capacity was down 16.7% vs. 2008. SAS Group carried 2.2 million passengers in May, down 17.1% vs. 2008. Total passenger load factor in May was down by 1,2 p.u. to 71.5%.

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Frontier Airlines reports preliminary traffic for May 2009

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Frontier Airlines Holdings announced preliminary traffic results for May 2009. Mainline traffic decreased 15.7% and capacity was down 14.9% from the same period last year. This resulted in a load factor of 81.3%, a decrease of 0.9 points from May 2008.

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Delta AirElite continues charter fleet expansion

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Delta AirElite Business Jets has added five aircraft to its growing fleet of modern business jets. The airplanes, ranging from light jets to ultra-long-range aircraft, are strategically located throughout the United States and are part of the company’s ongoing expansion. New light jets include a Beechcraft Premier I, a Hawker 400XP and a Learjet 31A.

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