4 January 2016

Etihad set to appeal against codeshare decision with airberlin

When Etihad was encouraged by both regional and national German governmental representatives to invest in a 29.2% stake in airberlin back in 2011, it did so with 63 codeshare agreements in place with the German airline. However, predominantly after intense lobbying from airberlin’s chief rival and Germany’s largest airline, Lufthansa, 29 of those codeshare agreements […]

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Air Lease Corporation sells ATR fleet to Nordic Aviation Capital

Air Lease Corporation has sold 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S. These ATR aircraft have served ALC well in meeting the demand from airline customers operating shorter sector lengths. As the business has matured, ALC has focused more on its mainline jet aircraft operations with these turboprop aircraft now accounting

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Intrepid finances one Airbus A330-300 with DVB Bank and one Airbus A330-300 with Credit Agricole CIB

Intrepid Aviation announced the financing of one new Airbus A330-300 with DVB Bank. The aircraft delivered December 18th on long-term lease to Evelop Airlines. In addition, Intrepid Aviation also announced the financing of a second new Airbus A330-300 on long-term lease to EVA Airways. The transaction was arranged by Credit Agricole CIB as Mandated Lead

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Sabena technics wins its first B777 cabin modification

French MRO provider, Sabena technics, has welcomed its first Boeing 777 for airframe modifications since obtaining its rating approval. According to the agreement, Sabena technics will perform cabin & systems modifications on two Boeing 777 aircraft from Air France in their dedicated maintenance facilities in Bordeaux (France). Modifications will include the integration of the latest

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Constant Aviation and Lone Star AOG announce merger

Constant Aviation, a Directional Aviation Capital Company offering full-service maintenance, repair, and overhaul with a nationwide network, announced the merger with Lone Star AOG. The combined companies will operate under Constant Aviation and the full transition will take 30 days. “The AOG business at Constant Aviation has been growing consistently the last year. Our 2016

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GECAS names Rich Greener Senior Vice President, Cargo Programs

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, has appointed Rich Greener to Senior Vice President, Cargo Programs. In this role, Greener will have global responsibility for building and executing on GECAS’ cargo aircraft strategy. Previously, he was Senior Vice President of Specialty Markets, which included regional aircraft. Greener

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Primera Air signs multi-year power-by-the-hour contract with AJW Aviation

Primera Air, the Danish leisure airline, has chosen AJW Aviation to provide full power-by-the-hour services for eight Boeing 737NG aircraft. AJW will also place exclusive and non-exclusive spares stock at Primera’s operational headquarters in Copenhagen. The exclusive stock is being provided by AJW Leasing. A key factor in this new PBH support agreement is that

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Finnair signs memorandum of understanding with GECAS and BOC Aviation

Finnair has entered into a memorandum of understanding with GECAS, on the sale and leaseback of two Airbus A350 aircraft. The financing will cover Finnair’s 6th and 7th A350 deliveries, which are currently scheduled to enter the Finnair fleet in July 2016 and February 2017, respectively. The value of the transaction at present foreign exchange

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