29 October 2015

Quebec government to put US$1bn in new Bombardier CSeries partnership

After announcing earlier this month that talks with Airbus to take a controlling stake in the Bombardier CSeries had failed, the Canadian aircraft manufacturer has announced that the Quebec government intends to inject US$1bn into a new partnership involving a subsidiary of Bombardier, aimed at seeing the new C Series through certification and into full […]

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China Aviation Supplies Holding Company orders 30 A330 Family and 100 A320 Family aircraft

China Aviation Supplies Holding Company (CAS) has signed a General Terms Agreement (GTA) with Airbus for the acquisition of 30 A330 Family aircraft and 100 A320 Family aircraft. The 30 A330s are the firm up of the commitment signed in June 2015. “We are grateful to CAS, one of our longest standing customers, for its

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Virgin America reports third quarter 2015 earnings

Virgin America reported its financial results for the third quarter of 2015. Net income was US$73.0m excluding special items, an increase of US$31.3m from the third quarter of 2014. Operating income and operating margin excluding special items were US$75.0m and 18.2%, respectively. Total operating revenue was US$410.9m, an increase of 1.3% over third quarter of

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EL AL Israel Airlines signs order for up to nine 787 Dreamliners

EL AL Israel Airlines agreed on an order for up to nine 787 Dreamliners with Boeing, valued at more than US$2.2bn at current list prices. EL AL will also lease six additional 787s from independent leasing companies as the Israeli-flag carrier looks to replace and grow its existing long-haul fleet, increasing capacity and providing greater

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Boeing, Garuda Indonesia celebrate 777 delivery

Boeing delivered a 777-300ER (Extended Range) to Garuda Indonesia in a special SkyTeam livery. The 777-300ER continues to play an important role in Garuda’s network expansion strategy. Garuda Indonesia became the 20th member to join the SkyTeam Alliance in August 2014, providing access to an extensive global network with more than 16,320 daily flights to

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Beijing General Aviation to manufacture P750 aircraft in Changzhou High-Tech Zone

Beijing General Aviation officially started the construction of the aircraft production facility for Beijing Navigation Changzhou Aircraft Industry (BNCAG) in Changzhou National High-Tech Industrial Development Zone’s Aviation Industrial Park on October 28th, 2015. Once the new facility starts operation, it is scheduled to produce 70 P750 planes annually and serve as BGAC’s manufacturing and maintenance

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Small Planet Airlines enters into partnership with Thomas Cook

Leisure carrier Small Planet Airlines has signed an agreement with Thomas Cook, one of the world’s leading travel companies. In the summer of 2016 the aircraft of Small Planet Airlines will carry Thomas Cook passengers from its Paderborn base in Germany to Mediterranean resorts. Under the agreement Small Planet Airlines will operate 460 flights from

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