FLY Leasing Limited, a global lessor of modern, fuel-efficient commercial jet aircraft, has entered into an agreement to purchase a $1.4 billion portfolio of 49 aircraft, increasing FLY’s total aircraft under operating lease to more than $3 billion. The aircraft were previously managed by Global Aviation Asset Management, an Australian company. The aircraft are on […]
FLY Leasing to acquire portfolio of 49 aircraft Read More »
Copa Holdings reported net income of US$41.3 million for 2Q11. Excluding special items, Copa Holdings would have reported an adjusted net income of $56.6 million a 52.9% increase over adjusted net income of $37.0 million for 2Q10. Operating income for 2Q11 came in at $75.4 million, a 72.6% increase over operating income of $43.7 million in 2Q10.
Copa Holdings reports net income of $41.3 million for second quarter Read More »
American Airlines reported a July load factor of 87.7%, an increase of 0.7 points versus the same period last year. Traffic increased 1.7% and capacity increased 0.9%Â year-over-year.
American Airlines reports July traffic Read More »
Delta Air Lines reported traffic results for July 2011. System traffic in July 2011 was flat compared to July 2010 on a 1.0%Â increase in capacity. System load factor of 87.6% was 0.7 points lower than the prior year.
Delta Air Lines reports lower load factor for July Read More »
Alaska Air Group reported July operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Alaska reported a 6.8% increase in traffic on a 5.5% increase in capacity compared to July 2010. This resulted in a 1.1-point increase in load factor to a July record 88.5%. Horizon reported a 23.0% decline in
Alaska Air Group reports July operational results Read More »
Werner Aero Services named Mr. Cliff Topham, an experienced business leader with global success in the aviation market, as Senior Vice President of Sales and Business Development. He will be leading the worldwide growth of the business and developing new strategic accounts in the Commercial Aviation Division.
Werner Aero Services names new Senior Vice President of Sales and Business Development Read More »
Kansas City based aircraft trading company Jet Midwest Group, has successfully concluded the purchase of 9 MD-82 and MD-83 series aircraft from American Airlines. Jet Midwest intends to make the aircraft available for lease and sale to it’s customers. Jet Midwest also owns Kansas City based MRO Jet Midwest Technik which has recently added MD-80 and
Jet Midwest acquires 9 MD-80 aircraft from American Airlines Read More »
GE has delivered the first engine for the Sikorsky CH-53K Ground Test Vehicle culminating two years of successful testing that has convincingly demonstrated the engine’s ability to provide the increased mission capability required for United States Marine Corps (USMC) missions. Selected by Sikorsky in 2006, the GE38 provides 57% more power and 18% lower specific
First GE38 engine delivered for Marine Corps CH-53K program Read More »
