30 April 2013

LCI takes off with Bond offshore Helicopters

Lease Corporation International’s (LCI) helicopter division took off with its first delivery of a new AW139 helicopter to Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement of a long term lease between LCI and Bond’s parent company Avincis Group – a leading global provider of mission critical services. The 15-seat, twin-engined […]

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Spirit Airlines' first quarter 2013 net income per share increases 36.4%

For the first quarter 2013,  Spirit Airlines’ adjusted net income was $32.8m. GAAP net income was $30.6m. For the first quarter 2013, Spirit achieved an operating margin, excluding special items, of 14.4%. Operating margin on a GAAP basis was 13.4% for the first quarter 2013. Spirit ended the first quarter 2013 with $483.5m in unrestricted

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United to add 30 new Embraer 76-Seat aircraft to United Express fleet

United Airlines announced an agreement to add 30 Embraer 175 regional jets to the United Express fleet. Under an agreement with Embraer, United will purchase the aircraft with deliveries in 2014 and 2015. These aircraft will be operated by a United Express partner to be announced later. The Embraer 175 is the first 76-seat regional

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Flybe UK and Monarch Aircraft Engineering sign contract

Monarch Aircraft Engineering (MAEL) has signed a contract and will enter into an agreement, with Flybe UK, for the provision of Bombardier Q400 and Embraer 175/195 line maintenance in the UK at Birmingham, Manchester, London Gatwick and East Midlands airports. Commencing on Wednesday May 1st 2013, the agreement will also include the provision of Bombardier

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Macquarie AirFinance leases 737-800Ws to AeroMexico, EL AL & Travel Service

Macquarie AirFinance, a global aircraft leasing company based in Dublin, Ireland, has completed deliveries of three Boeing 737-800W aircraft to Mexico City-based operator AeroMexico, Israeli flag carrier EL AL and Czech Republic-based operator Travel Service. All three aircraft were purchased by Macquarie AirFinance from Tyrolean Airways, without leases in place at the time of agreement,

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