Finnair plans to reduce the size of its narrow body fleet by four aircraft in autumn 2012 as part of its earlier announced savings program of €140m. The reduction will bring significant savings and will be implemented by optimizing the airline’s flight schedules and network. Finnair expects to realize a significant boost in narrow body aircraft utilization as a result of this move.
Finnair will discontinue the lease agreements of four Airbus 320-series aircraft and intends to remove the aircraft from the fleet at the end of the lease period in autumn 2012. This fleet optimisation does not impact personnel. Finnair operates its narrow-body fleet in its domestic and European network.
AAR acquires Trax to accelerate digital solutions strategy
Chicago-headquartered AAR CORP. (AAR) has announced its acquisition of Trax Corp. (trax), a leading independent provider of aircraft MRO and fleet management software to accelerate its digital solutions strategy. AAR is a global aerospace and defence aftermarket solutions company with operations in over 20 countries. It supports commercial and government customers through two operating segments: