International Airlines Group (IAG) and Deutsche Lufthansa AG have reached an agreement in principle for the sale of British Midland Ltd (BMI) to IAG.  The sale and closing of the deal remain subject to conditions including a binding purchase agreement, further due diligence and regulatory clearances. It is envisaged that the purchase agreement will be signed in the […]
IAG and Lufthansa reach agreement on sale of BMI Read More »
GE Capital Aviation Services announced delivery of two new Airbus A320 aircraft to the Philippine’s Cebu Air. The aircraft come from GECAS’ existing order book with Airbus and will assist with the airline’s rapid growth. Cebu Pacific Air operates a fleet of some 40 aircraft to 34 domestic destinations and 16 international destinations in 10
GECAS delivers two new Airbus A320s to Cebu Pacific Air Read More »
BOC Aviation has signed an agreement with TransAsia Airways for the lease of a new A320-200 aircraft. The aircraft, powered by IAE2527-A5 SelectOne engines, is scheduled for delivery in March 2012. This deal marks the first time that BOC Aviation has leased its own aircraft to a Taiwanese carrier.
BOC Aviation leases one new A320-200 aircraft to TransAsia Airways Read More »
For the month of October, Air Canada reported a system load factor of 79.4%, versus 80.3% in October 2010, a decrease of 0.9 pts. System traffic increased 2.0% on a system-wide capacity increase of 3.2%.
Air Canada's traffic increased in October Read More »
Ryanair released that October traffic grew 4% compared to the same period in October 2010 while the load factor dropped slighty 1.0 pt to 84%.
Ryanair’s October traffic grows 4% Read More »
On November 3rd, Atlas Air Worldwide Holdings took delivery of the first 747-8 Freighter. The delivery is the first of nine 747-8 Freighters Atlas Air has on order. Atlas Air’s 49% subsidiary, Global Supply Systems (GSS), will operate the new freighter for British Airways World Cargo through a five-year wet-lease agreement. As part of the lease
Atlas Air takes delivery of first 747-8 Freighter Read More »
American Airlines reported an October load factor of 83.2%, which compares to 83.6% in the same period last year. American’s capacity and traffic were 0.7% and 1.1% lower year-over-year, respectively.
American Airlines reports load factor of 83% for October Read More »
