Norwegian continues to expand internationally and has decided to establish a new long-haul base at London Gatwick Airport. Both pilots and cabin crew will be based at London Gatwick. The airline has become a major player at London Gatwick and is currently the only airline offering low-cost flights between the UK and the U.S. In […]
Norwegian opens new base for long-haul operations at London Gatwick Read More »
airberlin achieved a slightly improved operating result (EBIT) in the second quarter of the year with turnover up by 2,9% to €1,146.4m. Compared to the same quarter of the previous year, airberlin was able to improve EBIT (Earnings before Interest and Tax) to €-6.9m from €-8.1m in the previous year. Taking into account other operating
airberlin achieves positive net result in second quarter 2014 Read More »
GE Aviation submitted an application to EASA to utilize S10 diesel fuel for its H Series turboprops. The anticipated application approval would help Brazilian H Series operators lower fuel costs by up to 25%. The average H Series engine consumes 648,000 liters of fuel before its first scheduled overhaul at 3,600 flight hours. By utilizing
GE seeks EASA approval of S10 diesel fuel for H Series turboprop Read More »
BOC Aviation has priced A$125m in 6.5-year fixed rate senior unsecured notes due 2021 (the “Notes”) at a coupon of 5.375% per annum. The Notes will close on September 3rd, 2014, subject to satisfaction of customary closing conditions. The transaction, arranged by Westpac Banking Corporation, is issued off BOC Aviation’s US$5bn Euro Medium Term Note
BOC Aviation prices A$123m 6.5-year fixed rate senior unsecured notes Read More »
VAS Aero Services, a global leader in aviation logistics and aftermarket services, received a 747-400 with PW 4056 engines on consignment for teardown from Boeing. The 747 is the 32nd teardown VAS has managed for Boeing since 1992 in a contract that extends through 2020.
SAS has secured financing of four Airbus A330-300 Enhanced through the signing of a sale and leaseback agreement with the Chinese bank Bocomm. The aircraft will be delivered during the latter part of 2015 and the beginning of 2016. The agreement means that SAS, at the time of delivery for respective aircraft, will sell the
SAS completes sale/leaseback of four Airbus A330-300 Enhanced Read More »
