Cabot Aviation, the global aircraft remarketing division of Air Partner PLC, reported the strategic expansion of its operations into the Private Jet sector with the appointment of Tim Barber as Senior Vice President – Private Jets to lead the team. Cabot Aviation is a well-established and successful aircraft remarketing broker which primarily operates in the […]
Cabot Aviation launches Private Jet remarketing operations Read More »
Poland-based Aero AT, Jiangsu Aero AT Aviation Technologies and Changzhou National Hi-Tech District entered into an investment agreement on October 30th, 2015 whereby the aircraft manufacturer will build a facility for producing the six-seat M-20 Mewa business jet in Changzhou Konggang Industrial Park. The manufacturing facility encompasses a total investment of US$150m, including an initial
Aero AT inks deal to build fully-assembled aircraft manufacturing facility Read More »
Airbus sees an important potential market for its new ACJneo Family in the Middle East, where private jets are well established as business tools for companies, billionaires and governments, helping them to be more productive and efficient. Airbus’ ACJneo Family initially comprises the ACJ319neo and ACJ320neo. The ACJ319neo will fly eight passengers 6,750nm/12,500 km –
Airbus sees important market for ACJneo Family in Middle East Read More »
Air Transport Services Group, a provider of medium wide-body aircraft leasing, air cargo transportation and related services, reported consolidated financial results for the quarter ended September 30th, 2015. Revenues increased 3% to US$142.3m, including a 6% increase in freighter aircraft leasing revenues. Excluding revenues from reimbursements, third-quarter 2015 revenues increased 6%. Both pre-tax and net
767 Freighter leases drive ATSG revenue growth Read More »
Jeppesen, a part of Boeing Commercial Aviation Services, and the U.S. Air Force Air Mobility Command signed an agreement to provide iPad-based electronic flight bag (EFB) services for approximately 1,160 Mobility Air Force aircraft, and more than 16,000 related Air Force iPad users. The Mobility Air Force aircraft will be equipped with Jeppesen FliteDeck Pro,
Jeppesen to provide U.S. Air Force with iPad-based electronic flight bag services Read More »
BOC Aviation has added its first two new Boeing 787-8 Dreamliner aircraft to its fleet. Both of the wide-body aircraft have been placed on long-term leases to Kenya Airways (Kenya Airways) following the successful Sale and Leaseback transaction between the two companies.
BOC Aviation takes delivery of first two Boeing 787 Dreamliner Read More »
Singapore Technologies Engineering (ST Engineering) announced financial results for its third quarter ended September 30th, 2015 (3Q2015). The Group posted quarterly revenue of US$1.50bn and profit before tax of US$154.7m. These results are comparable to revenue of US$1.55bn and profit before tax of US$151.7m in the same quarter last year. Quarterly net profit after tax
ST Engineering reports comparable year-on-year profit for 3rd quarter 2015 Read More »
Having averted one strike at the end of June, it would seem that negotiations between Lufthansa and the cabin crew union UFO, which represents approximately 19,000 members, have reached an impasse and a strike is now unavoidable, scheduled to start November 6th and lasting for 7 days. Lufthansa have struggled to put together a deal
Lufthansa face further problems as cabin crew now prepare to strike for 7 days Read More »
