It has been announced that talks will take place between Tim Clark, President of the Emirates airline, and US officials, in Washington in two weeks’ time. The meeting comes as a result of continued claims by such US airlines as Delta, United and American, who just a few days ago had asked the White House […]
President of Emirates and US to discuss Arab airlines’ supposed US$40bn subsidy Read More »
IAG traffic in February increased by 5.5% versus February 2014, while Group capacity rose by 4.3%. The load factor for the month of February was up 0.9 points to 76.2%. Norwegian reported February total passenger traffic increased of 17% and the total capacity increased by 9% compared to February 2014. The load factor was 84.8%
Republic Airways reported preliminary passenger traffic results for February 2015. The Company reported February traffic increase of 3% over the same period in 2014, on a 3% increase capacity. The load factor remained unchanged compared to the same period last year at 76%.
Republic Airways reports traffic increase for February Read More »
HAECO Group has acquired from Boeing an advanced, simulation-based maintenance training suite for the Boeing 787 Dreamliner. The HAECO Group is the first Maintenance, Repair and Overhaul (MRO) Organisation and Aircraft Maintenance Training Organisation (AMTO) in China to be equipped with the Boeing 787 training suite. The suite includes Boeing 787 Desktop Trainer Classroom Solutions,
HAECO Group acquires maintenance training solution for Beoing 787 fleet Read More »
Cathay Pacific Airways announced that AerFin has been selected to provide an end-of-life solution for the fleet of 11 A340-300 aircraft operated by the Hong Kong-based carrier. The agreement will see AerFin acquire and/or consign the aircraft over a three-year period through to 2017. The first A340 will be delivered to AerFin in March 2015
Aerfin selected as end-of-life solution provider for Cathay Pacific's Airbus A340 fleet Read More »
Avpro announced several deals during the HAI Heli-Expo (March 2-5, 2015) in Orlando, Florida. Avpro reached an agreement to sell a Year 2009 Bell 429 s/n 57056 to an undisclosed buyer on behalf of its client SAEREOS, Bell Helicopter distributor in Ecuador. Furthermore Avpro acting on behalf of its client, Kocoglu Group, entered an agreement
Avpro signs several deals during the HAI Heli-Expo Read More »
On March 5th, 2015, Doric added a Boeing 747-8F cargo plane to its asset management portfolio at Boeing‘s headquarters in Seattle, USA. The aircraft carries the manufacturer‘s serial number 35823 and is leased long-term to Cargolux Airlines International S.A. An innovative financing structure was used to fund the purchase of the freighter now on lease
Doric adds new Boeing 747 to asset management portfolio Read More »
Air Transport Services Group reported consolidated financial results for the quarter and full year ended December 31st, 2014. Adjusted pre-tax earnings from continuing operations increased 19% to US$17.7m. The adjustments remove the effects of pension settlement charges, derivative transactions, and year-earlier impairment charges. These and other adjusted amounts referenced below are non-GAAP financial measures, defined
ATSG posts improved 2014 results as aircraft leasing portfolio grows Read More »
GA Telesis has announced a major onsite component/LRU (“line replacement unit”) support program commencing at three major international airports, Miami International Airport (“MIA”), George Bush Intercontinental Airport (“IAH” Houston) and Los Angeles International Airport (“LAX”). In cooperation with F&E Aircraft Maintenance (“FEAM”), GA Telesis will provide Boeing and Airbus components and LRUs at FEAM’s line
