Singapore Technologies Engineering reported that financial results for its third quarter ended September 30th, 2014 (3Q2014) came in with lower profit before tax and net profit after tax on the back of a comparable revenue of SG$1.55bn against the same period last year. Quarterly PBT was SG$151.7m, down 10% from SG$168m, and quarterly net profit […]
ST Engineering reports lower year-on-year profits for 3Q2014 Read More »
John Wikoff will become Head of Investor Relations at AerCap with immediate effect. John Wikoff was most recently at Goldman, Sachs & Co. where he headed the Transportation Finance Group in New York. At Goldman, John was responsible for arranging various types of debt and equity-like offerings for aircraft lessors, airlines and other transportation concerns
John Wikoff to become new head of Investor Relations at AerCap Read More »
Gogo (GOGO), a leading global aero communications service provider, has received STCs from the FAA to install its Ku-band satellite equipment on Boeing 757-200 and 767-400 aircraft operated by Delta Air Lines. Gogo now has five STCs for its Ku-band satellite service on Delta’s international fleet; Gogo previously received FAA certification to install its Ku-band
The US knows it is under threat from airlines in the Gulf, so it comes as no more than another shot across the bows to learn that Emirates will have a fourth daily 14 hour flight from Dubai International Airport, to JFK in New York. Emirates, Etihad and Qatar Airlines are all targeting the US
According to the latest Airbus Global Market Forecast, air traffic involving Spain will double by 2033 compared to 2013. This includes domestic as well as international travel to and from the country. Madrid and Barcelona will join the group of aviation megacities by 2033 with major traffic flows connecting to/from Latin America. Domestic and international
Traffic involving Spain to grow at 3.1% annually over the next 20 years Read More »
WestJet announced October 2014 traffic results with a load factor of 77.4% down 1.8 points compared to the previous year. Traffic increased 6.8% year over year and capacity grew 9.2% over the same period. Alaska reported a 9.4% increase in traffic on a 10.3% increase in capacity compared to October 2013. Load factor decreased 0.8
Traffic statistics for October 2014 Read More »
Atlas Air Worldwide Holdings, a leading global provider of outsourced aircraft and aviation operating services, placed a third Boeing 747 Freighter into ACMI service for Etihad Airways, the national carrier of the United Arab Emirates. The 747-400 freighter will be operated by Atlas Air on behalf of Etihad Cargo, the cargo arm of the airline,
Atlas Air Worldwide places third 747 Freighter with Etihad Airways Read More »
A wholly-owned subsidiary of Air Lease Corporation(the Company) has entered into a joint venture with a co-investment vehicle (the “JV Partner”) arranged by Napier Park Global Capital for the purpose of investing in commercial aircraft and leasing them to airlines around the globe. The newly formed entity with committed equity and debt capital is named
