6 August 2009

EgyptAir adds eight 737s to its previous order for 12

EgyptAir announced that the airline has converted a previous order for two 777s into an order for an additional eight Next-Generation 737-800s. The order was added last week to Boeing’s Orders & Deliveries Web site attributed to an unidentified customer. The airline currently has seven 737-800s in operation and it is taking delivery of an …

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AerCap Holdings reports second quarter 2009 financial results

AerCap reported that second quarter 2009 net income was $56.6 million, compared with net income of $68.6 million for the same period in 2008. Second quarter 2009 net income excluding the impact of the mark-to-market of interest rate caps and share-based compensation was $39.1 million, compared with $58.2 million in second quarter 2008 on the …

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Finnair's traffic declines in July

Finnair’s scheduled traffic declined in July by nearly 7%, capacity was cut by nearly 9%, which meant that passenger load factor rose to 81%. Asian traffic declined by nearly 13% and capacity contracted by 17%, thereby increasing the load factor in Asian traffic to nearly 84%.

Finnair Technical Services reaches stabilisation agreement

Finnair Technical Services has reached a stabilisation agreement by which around 14 million euros of savings in personnel costs will be achieved within the unit by the end of 2010. All of the unit’s 1,600 employees, represented by five different personnel organisations, will participate in the agreement. The agreement is part of a previously announced …

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Direct Maintenance opens its 6th wide body line maintenance station

Direct Maintenance has opened its 6th wide body line maintenance station, at Addis Ababa Bole International Airport, Ethiopia. As of August 5th the Addis Ababa (ADD) line station of Direct Maintenance has received UAE GCAA approval, in addition to being EASA Part-145 certified. The station capability includes A330, A340-300, B747-400, B767-200/300, B777-200/300(LR/ER) plus B777-200LRF. Launch …

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