6 November 2014

Pressure from the Ministry of Finance and ruling by the German Constitutional Court sees ‘Flight Tax’ continue to be levied on all flights departing German airports

As part of the German Government’s 2010 austerity package, January 2011 saw the introduction of an Air Tax in Germany. In simple terms, this affected all outward-bound and internal fights only, with the tax levied at the rate of €8.00 for short-haul flights up to 2,500km, which covered most of Europe, €25.00 for medium-haul flights […]

Pressure from the Ministry of Finance and ruling by the German Constitutional Court sees ‘Flight Tax’ continue to be levied on all flights departing German airports Read More »

Air Canada reports third quarter net income of CA$457m

Air Canada reported third quarter adjusted net income of CA$457m compared to adjusted net income of CA$365m in the third quarter of 2013, an improvement of CA$92m. EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft rent) amounted to CA$749m compared to EBITDAR of CA$626m in the third quarter of 2013, an improvement of CA$123m.

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Etihad Airways to expand pilot numbers following recruitment of 40 Alitalia captains and first officers

Etihad Airways, the national airline of the United Arab Emirates, reported the recruitment of 40 fully-qualified pilots from Alitalia, the national airline of Italy, as part of a large-scale global campaign to hire between 500 to 600 captains and first officers over the next three years. The new recruits are currently in the process of

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First 242 tonne take-off weight A330 starts final assembly

The final assembly of Airbus’ first A330 with the new 242 tonne maximum take-off-weight (MTOW) capability is underway at the A330 Final Assembly Line in Toulouse, France. The aircraft is currently completing its structural assembly before the cabin integration phase and will be used for certification flight trials. A second aircraft is being assembled in

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China Aircraft Leasing Company signs MoU for 100 A320 Family aircraft

China Aircraft Leasing Company (CALC), the leading independent aircraft operating lessor in China, has signed a Memorandum of Understanding (MoU) with Airbus for 100 A320 Family aircraft. The commitment comprises 74 A320neo, 16 A320ceo and 10 A321ceo. Including this new commitment, CALC’s total order tally with Airbus stands at 140 A320 Family aircraft. The A320neo

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Embraer releases third quarter 2014 results

In the third quarter of 2014, Embraer delivered 19 commercial and 15 executive jets. The Company’s firm order backlog ended 3Q14 at US$ 22.1bn, an all-time Company record. As a result of lower total aircraft deliveries, partially offset by higher revenues from the Company’s Defense & Security business, third quarter revenues were US$1,239.7m, for a

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Amedeo selects AerData CMS and STREAM software

AerData, the provider of software and services for the aviation industry announced that Amedeo, a widebody aircraft lessor based in Dublin, has selected AerData CMS and STREAM software. Corporate Management System (CMS) is an industry-leading platform that supports all business processes in aircraft lease and asset management. Secure Technical Records for Electronic Asset Management (STREAM)

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ATSG reports strong third quarter results

Air Transport Services Group, the leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, reported consolidated financial results for the quarter ended September 30, 2014. Pre-tax earnings from continuing operations increased 25% to US$15.6m driven by a US$7.0m improvement in airline profitability compared with a year ago. Net earnings from continuing

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