July 8, 2013

ILFC’s 2013 mid-year lease transactions total 125

Aircraft & Engines, Top Stories / Leave a Comment

International Lease Finance Corporation (ILFC) has completed 125 lease transactions during the January through June timeframe of 2013. These transactions include extensions, new leases of used aircraft as well as placements of new aircraft from ILFC’s aircraft portfolio, which today supports a worldwide network of approximately 200 airline customers across more than 80 countries. ILFC […]

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Azerbaijan Airlines receives first EMBRAER 190 jet

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Azerbaijan Airlines (AZAL), the national airline of Azerbaijan, received the first of four EMBRAER 190s on order. The aircraft will be deployed on the carrier’s international network from Baku’s Heydar Aliyev International Airport (GYD). The three remaining aircraft are scheduled for delivery by the end of the year. The four E190s are part of an

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Republic Airways reports June 2013 traffic

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Republic Airways reported preliminary passenger traffic results for June 2013. The Company reported that traffic decreased 4% from June 2012, on a 5% reduction in capacity. Consolidated load factor increased one point to 87% from June 2012.

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Raisbeck Engineering appoints Flying Colours as an Authorized Sales and Installation Centre

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Flying Colours, the Ontario, Canada based aviation Company specializing in business aircraft completions, maintenance and refurbishments, has been appointed by aircraft improvement manufacturer, Raisbeck Engineering as an Authorized Sales and Installation Centre for the entire King Air product line. The new status for its Ontario location enables Flying Colours to further expand its King Air

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Erickson Air-Crane announces two contract extensions with SOCAFRICA

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Erickson Air-Crane Incorporated (EAC) was awarded option period extensions with Special Operations Command Africa (“SOCAFRICA”). The option awards were made to Evergreen Helicopters (“EHI”), a recently acquired, wholly owned subsidiary of Erickson, to provide a fleet of fixed and rotary wing aircraft for personnel and cargo transport for the Department of Defense in Central Africa.

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FLY Leasing upsizes aircraft acquisition facility to $450m

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FLY Leasing, a leading global lessor of modern commercial jet aircraft, has increased the size of its aircraft acquisition facility from $250m to $450m. The facility’s availability period has also been extended for two years, followed by a three year term out period to July 2018. The margin on the facility was reduced by 0.50%

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Etihad posts record results for second quarter and first half of 2013

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Etihad Airways reported its strongest second quarter and half-year financial performances on record, reflecting continued solid growth in its airline alliance strategy and global cargo operations. The national carrier of the United Arab Emirates achieved an 8% increase in Q2 2013 passenger revenues, generating US $921m (2012: US $855m), while passenger revenues for the first

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REX purchases aircraft spares package from Pinnacle Airlines

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The Regional Express Group (Rex) has purchased the entire Saab 340 spare parts holdings from Pinnacle Airlines in the USA. The Pinnacle spare parts package consists of spares from Mesaba Airlines and Colgan Air who together in the past operated over 80 Saab 340 aircraft. The spares package has over 215,000 items and includes engines,

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