Air Astana, Kazakhstan’s flag carrier, has taken delivery of its first A320 aircraft equipped with Airbus’ Sharklet fuel saving wing tip devices. The airline becomes the first in the region to benefit from the new wing-tip devices. Air Astana’s A320, powered by IAE V2500 engines, features a comfortable two class cabin, seating 148 passengers with […]
Air Astana takes delivery of first Sharklet equipped A320 Read More »
Sikorsky Aircraft reported that the Federal Aviation Administration (FAA) has approved a new functionality on the S-92 helicopter to provide offshore oil operators with an automated approach that reduces cockpit workload by 60% and allows safer operations under challenging weather and operating conditions. Sikorsky developed the new safety feature in close collaboration with PHI, an
FAA approves Sikorsky Aircraft's new platform approach system for S-92 Helicopters Read More »
Willis Lease Finance Corporation (WLFC), reported earnings of $1.6m in the first quarter ended March 31, 2013, compared to $2.5m in the like quarter a year ago, with the drop in earnings primarily due to reduced gains on the sale of leased equipment. In the fourth quarter of 2012, Willis Lease recorded a loss of
Willis Lease Finance earns $1.6m in first quarter of 2013 Read More »
For the month of April, Air Canada reported a system load factor of 82.1%, versus 83.0% in April 2012, a decrease of 0.9 percentage points. System traffic decreased 0.2% on a system-wide capacity increase of 1.0%.
Air Canada reports April load factor of 82% Read More »
The sale of Widerøe represents an important step in the improvement of SAS’ financial position with a significant reduction of SAS’ financial leverage. SAS and Widerøe will have a continued close commercial cooperation after the transaction, with Widerøe remaining an important regional partner to SAS. As part of the transaction, SAS will sell seven Dash
SAS sells Widerøe to an investor group led by Torghatten Read More »
Air Canada reported an adjusted net loss of $143m compared to an adjusted net loss of $162m in the first quarter of 2012. On a GAAP basis, Air Canada’s net loss was $260m compared to a net loss of $274m in the same quarter in 2012. First quarter EBITDAR amounted to $145m compared to EBITDAR
Air Canada reports first quarter net loss of $143m Read More »
BAE Systems Regional Aircraft has extended for a further five years the agreement for Saywell International to be the sole distributor of spares for the Jetstream 31/32 regional turboprop aircraft. Originally signed in February 2008, the new agreement means that Saywell International will be responsible for Jetstream 31/32 spares delivery until at least 2018. BAE
BAE Systems Regional Aircraft has received European Aviation Safety Authority (EASA) approval to extend its Part 21 G and J approvals to allow the company to work on any aircraft type for both design and manufacturing work. For several years BAE Systems Regional Aircraft has had Design Organisation Approval (DOA) allowing it to carry out
EASA extends BAE Systems Regional aircraft's Part 21 approval Read More »
Allegiant Travel Company reported preliminary passenger traffic results for April 2013. System traffic for the month was up 3.9% compared to the same period in 2012, while capacity was up 3.6%. The load factor for April was up by 0.2 points to 87.5% compared to April 2012.
Allegiant reports April traffic Read More »
Avinco, the aircraft remarketing and management specialists based in Dublin and Monaco, advised a group of investors on the acquisition and lease of 8 new ATR72-600s. The first aircraft (MSN1083) was delivered in Toulouse on May 3rd and placed on long term lease with Aer Arann, Ireland. The remaining seven aircraft are being delivered from
Avinco structures and manages leases for new Aer Arann ATR72-600s Read More »
