November 11, 2011

Air Lease Corporation reports third consecutive quarter of profitability growth

For the three months ended September 30, 2011, Air Lease Corporation reported consolidated net income of $18.3m, compared to a consolidated net loss of $7.7m for the three months ended September 30, 2010. The increase in net income for 2011, compared to 2010, was primarily attributable to the acquisition and lease of additional aircraft. For […]

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Rolls-Royce appoints Sir Frank Chapman as a non-executive Director

Airlines & Routes / Leave a Comment

Rolls-Royce released that Sir Frank Chapman has joined the Board as a non-executive Director. Sir Frank is the Chief Executive of BG Group and a Fellow of the Institution of Mechanical Engineers.

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Bristow Group signs contract for six AW189 Helicopters

Aircraft & Engines, Top Stories / Leave a Comment

AgustaWestland and Bristow Group have signed a contract for six AW189 helicopters plus options for additional aircraft. The aircraft will be used to perform offshore transport missions. The contract marks a further expansion of the fleet of AgustaWestland helicopters operated by Bristow, which already has AW139s operating globally, and strengthens the already excellent relationship with AgustaWestland.

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Air New Zealand takes delivery of new A320-200

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BOC Aviation has delivered the first of two new A320-200 aircraft to Air New Zealand. The Company first announced that it signed long-term leases with Air New Zealand for two aircraft early last year. The second aircraft is scheduled to be delivered in December.

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Air Berlin to take over NIKI

Financial / Leave a Comment

Since July 2010 Air Berlin PLC has held a 49.9% stake in NIKI Luftfahrt GmbH. airberlin, the Lauda Private Trust and Niki Lauda have agreed that the Lauda Private Trust will be withdrawing from NIKI Luftfahrt GmbH. The withdrawal of the Lauda Private Trust will be taking place shortly in the course of restructuring measures

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Niki Lauda strengthens airberlin’s Board

People / Leave a Comment

FlyNiki founder Niki Lauda has resigned as CEO of the Austrian airline and has been appointed to the Board of Air Berlin PLC as Non-Executive Director.

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Boeing and Hawai'i BioEnergy to work on renewable biofuel

Other News / Leave a Comment

Boeing announced a collaborative agreement to work with Hawai’i BioEnergy on renewable energy sources for creating aviation fuel. The two companies signed a memorandum of understanding which highlights how they will work together to identify biofuel sources and supporting technologies for producing sustainable jet fuel in Hawaii. Boeing and Hawai’i BioEnergy will look at various crops including sorghum and eucalyptus as potential

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GECAS delivers two new Airbus A320s to China Southern Airlines

Aircraft & Engines / Leave a Comment

GE Capital Aviation Services Limited (GECAS) delivered two new Airbus A320 aircraft to China Southern Airlines. The aircraft come from GECAS’ existing order book with Airbus and will assist with the airline’s growth.

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