23 January 2015

Legacy of Kingfisher Airlines debacle hangs over repossession row between BOC Aviation and Spicejet

India’s Spicejet airline is coming under increased scrutiny and financial pressure with the news that BOC aviation have demanded the return of three leased Boeing 737s. This comes in the same week that Mumbai International Airport Limited (MIAL) had put the troubled carrier on cash-and-carry mode since January 20th. This move followed after the airline […]

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EIB supports Airbus Groups' innovation programmes

The European Investment Bank (EIB) and Airbus Group have announced the signature of a €500m finance contract in support of Airbus Group’s innovation and R&D programmes in Europe, of which €400m will go to research, development and innovation (RDI) activities in France. This new agreement brings total EIB support for Airbus Group since 2011 to

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VistaJet opens North American Headquarters in New York City

Global business aviation company VistaJet, opened its North American Headquarters for Sales and Marketing in New York City’s vibrant Soho district on November 3rd, 2014. The VistaJet US executive team is in place and ready for business. “Reception of the VistaJet Experience in the United States has been so positive that we have expedited our

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Rockwell Collins reports first quarter earnings per share of $1.26

Rockwell Collins reported total sales for the first quarter of fiscal year 2015 of US$1.23bn, a 16% increase from the same period in fiscal year 2014. First quarter fiscal year 2015 earnings per share from continuing operations increased 29% to $1.26 compared to $0.98 in the prior year. Earnings per share for the first quarter

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GE Capital Aviation Services delivers new leased Airbus A330-300 to KLM Royal Dutch Airlines

GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, delivered a new leased Airbus A330-300 aircraft to KLM Royal Dutch Airlines, the flag carrier of the Netherlands, as part of the airline’s fleet renewal program. The aircraft is part of GECAS’ existing order book with Airbus. The KLM Group currently operates a

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Alaska Air Group purchases two more Bombardier Q400 NextGen aircraft

Seattle-based Horizon Air has converted two of seven previously acquired Q400 NextGen aircraft options to firm orders. The airline retains its options on another five Q400 NextGen aircraft. Horizon Air and its sister carrier, Alaska Airlines are subsidiaries of Alaska Air Group. Based on the list price of the Q400 NextGen aircraft, the purchase agreement

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