Originally completed in 1999, Shanghai’s Pudong airport is now undergoing its third major expansion program to cope with the rapidly and originally unforeseen increase in passenger numbers which, for 2014, exceeded 51 million. Present plans include the construction of a 622,000m2 third terminal at a cost of US$3.18 billion which will cater for up to […]
Work commences on new Shanghai Pudong terminal Read More »
Delta reported that system traffic for December 2015 increased 1.6% while capacity for December incrased 0.7%, compared to December 2014. The laod factor for the month was up 0.7 points to 84.4%.
Delta reports December load factor of 84.4% Read More »
China Express Airlines (China Express) has placed a firm order for 10 CRJ900 regional jets, raising its total orders for this model of aircraft to 38. With this transaction, China Express has exercised eight previously acquired options for CRJ900 aircraft. To date, 20 of the CRJ900 aircraft ordered by China Express have been delivered. Based
China Express Airlines orders 10 more Bombardier CRJ900 jetliners Read More »
Alaska reported a 9.8% increase in traffic on a 12.1% increase in capacity compared to December 2014. Load factor decreased 1.8 points to 83.6% compared to the previous year. Horizon reported a 0.5% decrease in traffic on a 0.9% increase in capacity compared to December 2014. Load factor decreased 1.1 points to 79.7%.
Alaska Air Group reports December 2015 traffic results Read More »
Spirit Airlines announced that Robert L. Fornaro has been appointed President and Chief Executive Officer, effective immediately. Fornaro, a seasoned airline executive with more than 35 years of experience in a variety of senior leadership and advisory roles, succeeds Ben Baldanza, who joined Spirit in 2005 as Chief Operating Officer and served as President and
Spirit Airlines appoints Robert Fornaro as President and Chief Executive Officer Read More »
Sabre Corporation, the leading technology provider to the global travel industry, has signed a new technology agreement with Bahrain’s national carrier, Gulf Air, to provide its AirCentre Flight Plan Manager solution to streamline the airline’s operations. For the past eight years, Gulf Air has been using AirCentre Flight Plan Manager to achieve significant cost savings
Gulf Air signs new technology agreement with Sabre to streamline operations Read More »
SAS has secured a Pre-Delivery Payment Financing Facility (PDP Facility) with DVB Bank covering a portion of the pre-delivery payments that SAS is making for five Airbus A320neo under the aircraft order with Airbus. The PDP Facility is structured as a revolving credit facility under which SAS may draw up to US$46m. Through this agreement,
SAS completes Pre-Delivery Payment Financing for five Airbus aircraft with DVB Read More »
Woodward and GE Aviation mannounced the formal creation of the large engine fuel systems joint venture announced on May 20th, 2015. Under terms of the agreements related to the joint venture, Woodward received US$250m from GE Aviation on January 5th, in exchange for GE Aviation’s acquisition of its equity interest in the joint venture. GE
Woodward and GE Aviation initiate large engine fuel systems joint venture Read More »
AerCap Holdings has completed the upsize, amendment and extension of its US$0.3bn unsecured Revolving Credit Facility. The new facility size is US$0.6bn and comprises a three-year revolving period followed by a two-year term loan. DBS Bank acted as mandated lead arranger, bookrunner and global coordinator, and CTBC Bank acted as Taiwan bank coordinator. Citi acted
AerCap completes US$0.6bn unsecured revolver amendment and extension Read More »
Flying Colours Corp., the North American MRO, completions, and refurbishment company has successfully secured a Supplemental Type Certificate for ADS-B OUT for Bombardier Challenger 300 airframes, from the US-based FAA. The first Bombardier Challenger 300 was out fitted with the soon-to-be mandatory tracking system in November 2015, at its St. Louis facility. The STC will
Flying Colours achieves STC for ADS-B OUT on Bombardier Challenger 300 Read More »
