airberlin will become a full member of oneworld with effect from Tuesday March 20th 2012, adding Europe’s sixth largest carrier to the premier global airline alliance. Austrian airline NIKI, also a member of the airberlin group, will join oneworld at the same time as an affiliate member. airberlin received its green light to board oneworld […]
airberlin to become member of oneworld on March 20th Read More »
Goodrich reported fourth quarter 2011 net income of $238m on sales of $2,145m. In the fourth quarter 2010, the company reported net income of $148m, on sales of $1,806m. Segment operating income margin for the fourth quarter 2011 was 19.7%. For the full year 2011, the company reported net income of $810m, on sales of
Goodrich reports fourth quarter net income of $238m Read More »
Atlas Air has entered into an $865m term-loan facility with Apple Bank for Savings, guaranteed by the Export-Import Bank of the United States, to finance the company’s six remaining B747-8F aircraft deliveries. The aircraft are expected to be placed in Atlas Air’s international ACMI (aircraft, crew, maintenance and insurance) service. When drawn, the facility will consist
Atlas Air Worldwide completes financing arrangements for six B747-8F aircraft Read More »
American Airlines outlined a business plan to transform the airline and restore it to industry leadership, profitability and growth. The plan targets an annual financial improvement of more than $3bn by 2017, including $2bn in cost savings and $1bn in revenue enhancements. The additional cash flow will enable American to renew its fleet and to
American Airlines to cut 13,000 jobs Read More »
CEPA, the three-year old Central European Private Aviation organisation, announced the appointment of Brendan Lodge as its new Chairman. Brendan, based in the UK where he is Business Development Director of JetBrokers Europe, brings to the Association a new skillset in the field of international aircraft financing and trading. He will serve CEPA for a 12-month
Brendan Lodge named new Chairman of CEPA Read More »
AeroTurbine has entered into an exclusive ten-year Supply Chain Agreement supporting Pluna Airlines’ fleet of CRJ900 aircraft. This agreement designates AeroTurbine to be responsible for providing material support for an initial 13 CRJ900 aircraft. AeroTurbine’s comprehensive support includes providing onsite aircraft parts inventory, pool stock access in the United States, and complete repair vendor management.
Aeroturbine signs ten-year CRJ900 material support agreement with Pluna Airlines Read More »
After four years heading up KLM E&M’s B737 Maintenance unit, Romain Helmer has taken up his new position as Managing Director at EPCOR, the AFI KLM E&M subsidiary specializing in the repair and maintenance of pneumatic systems and Auxiliary Power Units (APUs). He takes over from Paul Chün, now Managing Director of another entity of
Romain Helmer appointed Managing Director of EPCOR Read More »
Luxair has opted for AFI KLM E&M’s maintenance solutions to support the APU’s equipping its fleet of 737s. The 5-year contract includes repairs and can be extended to the loan of a spare APU while repairs are carried out.
Luxair signs APU servicing contract with AFI KLM E&M Read More »
