21 August 2015

Pilots now ‘very concerned’ over dangers from UAVs

The Air Line Pilots’ Association, ALPA, is making it clear they want to see a multi-angled approach to dealing with safety issues involving UAVs (unmanned aerial vehicles). This comes hot on the heels of the FAAs warning that “pilot reports of unmanned aircraft have increased dramatically over the past year, from a total of 238 […]

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GECAS' Regional Aircraft Group delivers three leased Embraer E195s to BoraJet Airlines

GECAS’ Regional Aircraft Group completed delivery of three leased Embraer E195 aircraft to BoraJet Airlines. BoraJet is a privately owned regional carrier based in Istanbul. It currently operates a fleet of 14 aircraft to 19 destinations in Turkey and surrounding areas.

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DAE announced recent aircraft leasing transactions

Dubai Aerospace Enterprise (DAE) announced the following leasing transactions as part of its effort to expand its aircraft leasing portfolio. DAE placed six new ATR 72-600s on long-term lease to Azul Brazilian Airlines for delivery in 2015. Four new ATR 72-600s on long-term lease to Airlines PNG, based in Papua New Guinea. These aircraft are

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Sriwijaya Air takes delivery of two new Boeing Next-Generation 737-900ERs

Boeing and Sriwijaya Air celebrated the delivery of two new Next-Generation 737-900ER (Extended Range) airplanes. This is the first all-new airplane delivery for Sriwijaya Air, Indonesia’s third largest carrier. The Jakarta-based airline operates an all-Boeing fleet of 737 airplanes and offers flights to various Indonesian destinations and a select few international cities. The new 737-900ERs

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FedEx pilots, management reach tentative agreement after years of bargaining

FedEx pilots, represented by the Air Line Pilots Association, Int’l (ALPA), reached a tentative agreement with FedEx management on an amended collective bargaining agreement. The parties have been actively negotiating since 2011. Discussions started in 2011 under a special interim discussions agreement that had originally been made by both parties to assist in narrowing the

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Hong Kong Aviation Capital closes new $725m 5 year warehouse facility

Hong Kong Aviation Capital (HKAC) announced the completion of a new $725m secured limited-recourse warehouse facility. The facility provides HKAC significant flexibility with 100% blind capacity to finance its future aircraft deliveries or refinance existing aircraft. The facility was oversubscribed and is priced competitively at a margin of 2.00%. The facility was structured by Credit

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