June 23, 2009

Frontier Airlines reaches investment agreement with Republic Airways

Frontier Airlines Holdings has entered into an investment agreement with Republic Airways Holdings, by which Republic will serve as equity sponsor for Frontier’s plan of reorganization and purchase 100% of the equity in the reorganized company for $108.75 million. The plan sponsorship agreement is subject to bankruptcy court approval and various conditions. If the plan […]

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Panasonic Avionics In-Flight Entertainment System installed on 6,000th Boeing 737

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Panasonic Avionics Corporation announced that its Multiplexed Passenger Entertainment System (MPES) IFE system was installed on the 6,000th Boeing 737 to enter into service. The aircraft was delivered to International Lease Finance Corp and will be leased to Norwegian Air Shuttle ASA (Norwegian), the second largest airline in Scandinavia.

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Boeing postpones 787 first flight

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Boeing announced that first flight of the 787 Dreamliner will be postponed due to a need to reinforce an area within the side-of-body section of the aircraft. The need was identified during the recent regularly scheduled tests on the full-scale static test airplane. Preliminary analysis indicated that flight test could proceed this month as planned.

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Thomas Murphy named Chief Operating Officer for Polar Air Cargo Worldwide

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Polar Air Cargo Worldwide released that former DHL Express executive Thomas Murphy has been named Chief Operating Officer for Polar, succeeding Randy Clark. DHL is a 49% stakeholder (with a 25% voting stake) in Polar with Polar

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Airbus delivers first A320 assembled in China

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Airbus delivered the first A320 aircraft assembled at its Final Assembly Line China (FALC) in Tianjin. At a grand ceremony, the aircraft was handed over by Airbus President and CEO, Tom Enders, to the Chairman of Dragon Aviation Leasing, Li Hai. The aircraft will be leased to and operated by Sichuan Airlines. The aircraft is

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Volvo Aero signs maintenance agreement with VLM Airlines

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Volvo Aero has signed an agreement with the regional airline VLM Airlines, soon to be renamed Cityjet, which has its registered office in Belgium. The five-year agreement pertains to the maintenance of VLM Airline

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BA forges ahead with London City longhaul

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British Airways will launch the first ever longhaul route from London City airport in September, despite the general aviation downturn. The airline has taken the decision to press ahead with the launch and set a September 29 date for the first flights. The business class-only service will be given the airline’s most prestigious flight number,

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Finnair's fourth Airbus A330 enters service

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Finnair’s fourth Airbus A330 aircraft made its first commercial flight to Delhi on June 23rd and will make regular scheduled flights on Finnair’s long-haul network. With the addition of the fourth aircraft, Osaka will be served with the A330 as of 6 July. The arrival of the new A330 aircraft is a part of an

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European Commission approves tie-up between Lufthansa and Brussels Airlines

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Green light for Lufthansa and Brussels Airlines: the European Commission has granted regulatory approval for the tie-up of the two airlines. The decision paves the way for Lufthansa to acquire an initial 45% stake in SN Airholding SA/NV, the parent company of Brussels Airlines. Clearance from the EU competition authority will also give Lufthansa an

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Settlement of dispute between Lufthansa and Sir Michael Bishop

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Sir Michael Bishop and Deutsche Lufthansa AG have reached an out-of-court settlement of their dispute over the satisfaction of the conditions precedent in relation to a put option over the 50% plus 1 share in British Midland PLC (bmi). Under the terms of the compromise settlement, Sir Michael Bishop agrees that specific performance of the

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Frontier Airlines reaches investment agreement with Republic Airways

Panasonic Avionics In-Flight Entertainment System installed on 6,000th Boeing 737

Boeing postpones 787 first flight

Thomas Murphy named Chief Operating Officer for Polar Air Cargo Worldwide

Airbus delivers first A320 assembled in China

Volvo Aero signs maintenance agreement with VLM Airlines

BA forges ahead with London City longhaul

Finnair's fourth Airbus A330 enters service

European Commission approves tie-up between Lufthansa and Brussels Airlines

Settlement of dispute between Lufthansa and Sir Michael Bishop

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23 June 2009

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