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AerCap will initiate new share repurchase program

AerCap Holdings N.V. released that its Board of Directors approved additional share repurchases above the previously announced amount of $50 million. The additional repurchase program will run through December 30, 2011 and will allow total repurchases of up to $100 million in 2011, inclusive of amounts repurchased through the previously announced programs. The total amount for shares repurchased through September 16, 2011 under the previous programs was $48.0 million.

Thursday June 1, 2023
GTLK Europe DAC and GTLK Europe Capital DAC, two Russian state-owned aircraft and shipping leasing firms, both registered in Ireland, have both been ordered to be wind up by the Irish High Court. The orders have resulted in the dismissal of an application for ... Read More »
Thursday June 1, 2023
SAS sees positive trend for passenger demand through the second quarter
SAS sees continued positive trend for passenger demand through the second quarter. The carrier reported that 5.4 million passengers flew with SAS during the quarter, which represents an increase of 36% compared with the same period last year. The overall under... Read More »
Thursday June 1, 2023
The International Air Transport Association (IATA) released data for April 2023 global air cargo markets, showing a continued, but slower, decline against the previous year’s demand performance. Global demand, measured in cargo tonne-kilometres (CTKs), fell ... Read More »
Thursday June 1, 2023
IAG Cargo launched its new cargo handling facility, New Premia at key international hub, London Heathrow
IAG Cargo, the cargo division of International Airlines Group (IAG) has officially launched its new cargo handling facility, New Premia at key international hub, London Heathrow. New Premia will serve as IAG Cargo’s new home for handling premium loose shipme... Read More »
Thursday June 1, 2023
Industry veteran Tom Plant this month steps into the role of Executive Chairman at Acro Aircraft Seating, bringing three decades of expertise and a wealth of global experience to the fast-growing company. The appointment follows a period of intense development... Read More »
Thursday June 1, 2023
Official opening of Boeing’s new Distribution Services site in Poland
A new Boeing Distribution Services site is now open at Panattoni Park Rzeszów Airport III in Poland, more than doubling the space for storing aircraft parts compared to the prior location and expanding Boeing’s presence in Poland’s Aviation Valley, a uniq... Read More »
Thursday June 1, 2023
ANA, Japan’s largest full-service carrier, will be using Sabre’s intelligent slot management solution to optimize its network
All Nippon Airways (ANA) will enhance its long-standing relationship with Sabre to amplify its network planning and optimisation capabilities.  ANA and Sabre have a valued, decades-long relationship, with the airline already using Sabre Slot Manager solu... Read More »
Wednesday May 31, 2023
SITA is extending its passenger touchpoints to two additional Canadian airports
Expanding on a collaboration with three of Canada’s largest airports, SITA will extend the benefits of its passenger touchpoints to Regina International Airport and Region of Waterloo International Airport with the delivery of check-in and self-bag drop syst... Read More »
Wednesday May 31, 2023
Nauru Airlines
Nauru Air Corporation (Nauru Airlines), the flag carrier of the Republic of Nauru, has concluded a financing deal with HALO AirFinance (HALO) for the purchase of one Boeing 737-800SF freighter. HALO is a joint venture between GA Telesis and Tokyo Century. “N... Read More »
Wednesday May 31, 2023
SIA will extend is free unlimited Wi-Fi to all travellers in all classes
Singapore Airlines (SIA) will extend the comprehensive free unlimited Wi-Fi access from July 1, 2023, to all travellers in all cabin classes, including Premium Economy Class and Economy Class. This enhanced Wi-Fi offering will be available virtually across the... Read More »
Wednesday May 31, 2023
Aeronautical Engineers (AEI) has released that Argentina’s Administración Nacional de Aviación Civil (ANAC) has approved AEI’s STC (ST02690LA) for the 12-pallet position B737-800SF freighter conversion. AEI has gained FAA, CAAC, EASA, TCCA, UK CAA, CAACI... Read More »
Wednesday May 31, 2023
Eastar Jet has taken delivery of one Boeing 737-8 aircraft
Eastar Jet (Eastar) has taken delivery of one Boeing 737-8 aircraft on lease from BOC Aviation. The aircraft is powered by CFM LEAP-1B engines. “We are pleased to participate in Eastar’s growth story and to welcome it as a new customer as we continue to pr... Read More »
Wednesday May 31, 2023
Qantas will establish a climate fund
The Qantas Group will establish an AU$400 million climate fund to provide direct investments in sustainability projects and technologies, as the airline works towards its emissions reduction targets. The Qantas Climate Fund, announced as part of the Group’sÂ... Read More »
Tuesday May 30, 2023
Global Airlines is getting ready for launch this summer with its first Airbus A380
Global Airlines has announced that it is to acquire its first Airbus A380 from Doric Aviation, looking to redefine the long-haul travel experience for its passengers. The new carrier has chosen to purchase its first four aircraft, all A380s, as opposed to goin... Read More »
Tuesday May 30, 2023
On May 27, airBaltic, the national airline of Latvia, celebrated the arrival of its 42nd Airbus A220-300 aircraft, bearing the registration YL-ABP, in Riga. This marked the third delivery of an Airbus A220-300 to airBaltic in 2023, as part of its order for a t... Read More »
Tuesday May 30, 2023
Allegiant and the International Brotherhood of Teamsters (IBT), representing Allegiant dispatchers, have ratified a new contract agreement on a two-year extension to the union’s initial collective bargaining agreement.     The tentative agreement, ... Read More »
Tuesday May 30, 2023
Elbe Flugzeugwerke will supply Airspace L Bins for the Airbus A320 family
Elbe Flugzeugwerke GmbH (EFW), competence centre for Airbus Aircraft Conversions (P2F) and for lightweight components, has been appointed by Airbus as supplier and manufacturer of upsized overhead bins, the Airspace L Bins, a new retrofit solution for single-a... Read More »
Tuesday May 30, 2023
Richard Sell will assume the role of CEO for HAECO Group on July 1. 2023
HAECO Group, a leading global provider of aircraft maintenance, repair and overhaul services, has appointed Richard Sell as its new Chief Executive Officer. He will assume the role on July 1, 2023, succeeding Frank Walschot, who will remain as an advisor to ... Read More »
Tuesday May 30, 2023
Swiss Aviation Software (Swiss-AS) and Volocopter have co-signed a landmark multi-year contract for AMOS, Swiss-AS’s maintenance, repair, and overhaul (MRO) software. AMOS will be used to manage Volocopter’s electric vertical take-off and landing (eVTO... Read More »
Tuesday May 30, 2023
AMETEK MRO AEM, a provider of aviation MRO services, has expanded heat exchanger capabilities at its Ramsgate facility in the UK. This is due to increased customer demand from operators of A320, B737 and B757 aircraft fleets. These are all platforms currently ... Read More »
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