January 18, 2016

Lifting of sanctions in Iran will provide boost for aircraft industry

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With the International Atomic Energy Agency (IAEA) certifying Iran’s compliance with technical constraints on its nuclear program, sanctions, which have been in place and implemented after the Iran Revolution since 1979, with additions in 1995 and those implemented subsequent to the passing of the UN Security Council Resolution 1696 in 2006, are now set to […]

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Willis Lease Finance to promote Brian Hole to President

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Willis Lease Finance Corporation reported that Brian R. Hole, its current Chief Investment Officer, will be promoted to President following the retirement of Donald A. Nunemaker effective March 31st, 2016. In his time with the Company, Brian has spearheaded efforts to more actively manage and trade from within Willis Lease’s existing portfolio of jet engines,

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Air Astana net profit for 2015 increases by 144%

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Air Astana has reported a net profit for 2015 of US$47.4m, an increase of 144% over 2014. It is the Kazakhstan carrier’s 13th year of profitability. Passenger numbers for the year increased by 2% to 3.86 million, whilst capacity increased by 6%. Total revenue fell by 21% from US$933m to US$738.1m. Commenting on the results,

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CIT Aerospace delivers one Boeing 737-800 to Lucky Air

Aircraft & Engines / Leave a Comment

CIT Aerospace, a global leader in aircraft finance, has delivered a new Boeing 737-800 to Lucky Air, a domestic Chinese airline with a hub at Kunming Changshui International Airport. The aircraft, MSN 41591, is powered by CFM56-7B26 engines. This aircraft delivery continues to build CIT’s relationship with Lucky Air.

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SR Technics wins major turnkey cabin modification order

MRO & Production / Leave a Comment

SR Technics has signed a major turnkey cabin modification integration contract with Intrepid Aviation, a leading global aircraft leasing company. SR Technics will now manage and implement all the design engineering and embodiment work required for the major redesign and enhancement of seven of the lessor’s Airbus A330 cabin interiors. This innovative cabin modification turnkey

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TrueAero names Stratton Borchers new president

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TrueAero appointed Stratton Borchers as new president. Mr. Stratton’s vast experience and industry knowledge of finance will guide TrueAero’s global expansion as the company extents its sales into new aviation product lines tailored to serve airline operators and MRO’s worldwide.

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G&G Aviation becomes European representative of Global Engine Maintenance

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Global Engine Maintenance (GEM) has appointed G&G Aviation of Rome as its exclusive representative for the European Union, Norway and Switzerland. GEM, based in Doral Florida, specializes in the maintenance, overhaul, leasing, trading and exchanging of CFM56 and JT8D aircraft engines. With the benefit of its new facility, experience of its personnel and management of

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SkyWorks Holdings and InterVISTAS Consulting Group announce formation of SkyWorks/IPG

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SkyWorks Holdings, a premier aviation asset management, investment banking, and advisory firm, and InterVISTAS Consulting, a leading management consultancy in aviation, transportation and tourism, announced the establishment of SkyWorks/IPG, which joins together the capabilities of both firms to offer integrated solutions for airline network and fleet planning. In addition, SkyWorks/IPG announced the launch of SAAVNet

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Allegiant Air COO announces resignation

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Allegiant Travel Company (ALGT) reported the resignation of Steve Harfst, Chief Operating Officer of Allegiant Air, effective immediately. Harfst joined the Company as COO in December 2014. Prior to Allegiant, Harfst was the Chief Operating Officer at IndiGo Airlines based in New Delhi, India.

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Triumph Group delivers first fully joined Embraer E2 CFIII/AFT fuselage to Embraer

Airlines & Routes / Leave a Comment

Triumph Aerostructures-Vought Aircraft Division, delivered its first fully joined Embraer E2 CFIII/AFT fuselage to Embraer from its Red Oak, Texas facility. The company entered into a contract with Embraer in 2013 to design and build the E2 CFIII/AFT fuselage shipsets for the life of the program. Daniel J. Crowley, Triumph’s President and Chief Executive Officer,

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Lifting of sanctions in Iran will provide boost for aircraft industry

Willis Lease Finance to promote Brian Hole to President

Air Astana net profit for 2015 increases by 144%

CIT Aerospace delivers one Boeing 737-800 to Lucky Air

SR Technics wins major turnkey cabin modification order

TrueAero names Stratton Borchers new president

G&G Aviation becomes European representative of Global Engine Maintenance

SkyWorks Holdings and InterVISTAS Consulting Group announce formation of SkyWorks/IPG

Allegiant Air COO announces resignation

Triumph Group delivers first fully joined Embraer E2 CFIII/AFT fuselage to Embraer

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18 January 2016

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