On the 4th January we reported that Etihad airlines had lodged an appeal over the revocation of 29 of its 61 original codeshare agreements with Germany’s second-largest airline, airberlin, which were put in place when it acquired a 29.2% stake in the company. Those agreements were due to be suspended from the 16th January and […]
Etihad – airberlin codeshare agreements appeal successful Read More »
TAP Express is the new branded product launched by TAP to replace PGA as of next March 27th, 2016. Up to July, the company will renew its entire fleet, which includes 17 aircraft and is evaluated in the amount of €400m. TAP Express consolidates the commercial designation of the Portuguese airline and reinforces its identity,
TAP creates Tap Express with new fleet Read More »
AerCap Holdings N.V. released its transactions during the full year and fourth quarter 2015. The Company signed lease agreements for 276 aircraft and purchased 46 new aircraft. AerCap executed sale and part-out transactions for 83 aircraft and signed financing transactions for US$7.3bn. As of December 31st, 2015, AerCap’s portfolio consisted of approximately 1,700 aircraft that
AerCap leased, purchased and sold 405 aircraft in 2015 Read More »
Cabot Aviation, a division of Air Partner plc and a leading aircraft remarketing broker, reported that Kenya Airways has entered into a sale agreement with Omni Air International to purchase two Boeing 777-200 ER aircraft, following approval from Kenya Airways’ board. Omni Air International is a US based airline providing global passenger ACMI, wet lease
Kenya Airways enters into sale agreement with Omni Air International Read More »
Finnair has secured financing, arranged by BNP Paribas, for its third Airbus A350-900 XWB, which was delivered on December 30th, 2015. The transaction amounts to approximately €135m, implemented using a Japanese Operating Lease with Call Option (JOLCO) structure, where the transaction amount is treated in Finnair’s IFRS accounting as a loan and the aircraft as
Finnair secures financing for third A350 aircraft Read More »
Bombardier appointed Patrick Ghoche as Vice President, Investor Relations, effective January 18th, 2016. Mr. Ghoche will manage Bombardier’s relations with investors and analysts globally. He succeeds Shirley Chénier, who retired last year.
Bombardier appoints new Vice President, Investor Relations Read More »
Boeing, which has maintained and supported the U.S. Air Force T-38 Talon trainer fleet for 16 years, will do that for another ten years through a new contract worth up to US$855m. The company will work on avionics, cockpit displays, control panels, and communications systems for 456 of the aircraft as well as upgrading 37
New contract continues Boeing’s 16-years of Air Force trainer support Read More »
LATAM Airlines Group has signed joint business agreements with International Airlines Group (IAG) and American Airlines, on flights between Europe and South America as well as the United States and Canada and six South American countries. The joint business would benefit customers by providing better links, greater choice of flights and enhanced frequent flyer benefits.
Latam Airlines Group sign joint business agreements with IAG and American Airlines Read More »
