Tanzanian carrier Precision Air Services has taken delivery of the first ATR 42-600 to go into scheduled commercial service. It is also the airline’s first brand new -600 series aircraft out of 5 (4 ATR 42-600s and 1 ATR 72-600) ordered in December 2011. The introduction of these new series airplanes will increase its ATR […]
First ATR 42-600 delivered to Precision Air Services Read More »
International Consolidated Airlines Group (IAG) presented Group consolidated results for the nine months ended September 30, 2012. The Group reported third quarter operating profit of €270m, before exceptional items, €301m excluding bmi (2011: operating profit €363m, before exceptional items). Passenger unit revenue was up 9.1% for the quarter, flat at constant currency. Fuel unit cost
IAG reports operating profit of €17m for the first nine months in 2012 Read More »
Rolls-Royce announced that Mike Terrett, Chief Operating Officer, has decided to retire at the end of the year. Mike has worked for Rolls-Royce for 34 years and has been instrumental in shaping the current success of the business. Mike, an engineer, started as a graduate apprentice in Derby in 1978. He has succeeded in many
Rolls-Royce announces retirement of Mike Terrett Chief Operating Officer Read More »
IFE Services announced today that it has been selected by NEOS as its in-flight entertainment (IFE) provider. The agreement covers the provision of IFE across the Italian airline’s fleet of Boeing 737s and 767s. IFE Services will manage all of the associated encoding and integration requirements for the embedded IFE systems. NEOS is an airline
NEOS chooses IFE Services as content service provider Read More »
Air Transport Services Group reported financial results as for the third quarter of 2012. Pre-tax third-quarter earnings for Cargo Aircraft Management (CAM) were $17.3m, up 7% from the year-earlier period. Revenues increased 6% to $39.2m. At the end of September, CAM owned 53 aircraft in service condition, including 21 leased to external customers and 32
ATSG reports results for third Quarter 2012 Read More »
FLY Leasing, a leading global lessor of modern commercial jet aircraft, has closed a new $250m warehouse facility to support its ongoing acquisition of aircraft. The facility has a two-year draw down period followed by a three-year term period, maturing in November 2017. Deutsche Bank AG, Citigroup Global Markets, Morgan Stanley Senior Funding, Inc., RBC
FLY Leasing closes $250m aircraft acquisition facility Read More »
Eurocopter and Starlite Aviation Group have signed a contract for the acquisition of two AS332 C1e helicopters, the latest version of the popular Eurocopter Super Puma medium weight helicopter. The contract also includes an option for two additional aircraft. First deliveries will take place before the end of 2013, following EASA and FAA certification. The
Starlite Aviation Group becomes launch customer of Eurocopter’s new Super Puma AS332 C1e Read More »
Dublin based aircraft lessor, AWAS, reported that Aeroflot, the flag carrier of Russia, has agreed to lease 5 new A320s from AWAS’ new order pipeline. This deal is consistent with Aeroflot plans to increase its fleet by 2014. The emphasis on brand new aircraft allows Aeroflot to maintain the highest quality of service to its
Aeroflot enters into first new order deal with AWAS Read More »
BOC Aviation’s fleet size hit 200 aircraft for the first time following the delivery of a new Boeing 737-800 aircraft from the manufacturer’s facility in Seattle, on November 8th. The aircraft has been leased to Jet Airways. The portfolio of 200 aircraft, comprising 176 owned and 24 managed aircraft, are on lease to 55 airlines
BOC Aviation fleet size reaches 200 aircraft Read More »
Finnair traffic rose by 8.0% as the overall capacity grew 5.4% year‐on‐year. Passenger load factor improved by 1.8 points year‐on‐year and was 75.5%.
Finnair's traffic up 8% in October Read More »
