Having accumulated losses in the region of US$3 billion, attempts by Pakistan’s ruling party, under Prime Minister Nawaz Sharif, to offload the cash-strapped national carrier, Pakistan International Airlines (PIA), have finally been shelved. In what has been described as a compromise to appease opposing parties and trade unions, the Pakistani parliament has adopted a law […]
PIA sale blocked by new governmental legislation Read More »
AerCap reported its major business transactions during the first quarter 2016: The company signed lease agreements for 100 aircraft, including 23 widebody and 77 narrowbody aircraft and purchased 6 aircraft, including 5 Boeing 787-9s and 1 Boeing 737-800. AerCap executed sale and part-out transactions for 25 aircraft, including 3 Airbus A320-200s, 1 Airbus A321-100, 3
AerCap leased, purchased and sold 131 aircraft in the first quarter 2016 Read More »
Latvian flag carrier Air Baltic has converted its remaining seven option aircraft to firm. This latest order brings airBaltic’s total firm order to 20 CS300 aircraft. This agreement follows the airline’s conversion of three option aircraft announced in February 2014. The original order for 10 firm CS300 aircraft with options for another 10 was announced
Latvia’s airBaltic increases firm C Series order to 20 Bombardier CS300 aircraft Read More »
Cebu Pacific Air is the first airline in the Asia-Pacific region to order the SL3510 seat model from Recaro Aircraft Seating for its 30 new A321neo aircraft. The Philippine carrier is expecting to grow its 56-strong fleet to over 80 aircraft, with an expansion plan that includes orders for 30 new A321neos, between 2017 and
Cebu Pacific takes Recaro Aircraft Seating on board its expanding fleet Read More »
Condor Flugdienst GmbH has contracted HAITEC Aircraft Maintenance GmbH to provide base maintenance services at Hahn Airport. The first of several nose-to-tail B757 C-Checks was successfully completed at the end of March. In order to maintain one of Germany’s largest commercial fleets, Condor depends on experienced partners and high quality. “We greatly value Condor selecting
HAITEC welcomes new customer Condor Flugdienst Read More »
HAECO Private Jet Solutions has been appointed an Airbus Corporate Jet (ACJ) Service Centre, becoming the latest company to join the ACJ Service Centre Network. HAECO PJS provides a complete range of private jet solutions for ACJ aircraft. In 2011, it became the first private jet cabin completion centre in Asia Pacific to receive approval
HAECO Private Jet Solutions becomes approved Airbus Corporate Jet service centre Read More »
Global Jet Capital, a provider of financing solutions for large-cabin, long-range private jets, announced the appointment of David Henderson as Managing Director, Asia Sales. Henderson, who reports to Robert Gates, Head of Sales, EMEA & APAC, has around 20 years’ experience in aviation finance. His most recent roles were as Head of GE Capital’s Asia
Global Jet Capital appoints David Henderson as Managing Director, Asia Sales Read More »
Embraer and Horizon Air have signed a firm order for 30 E175 jets. The contract also includes options for another 33 aircraft of the same model. The value of the contract, which will be included in Embraer’s 2016 second-quarter backlog, is US$2.8bn, based on current list prices, if all the options are exercised. The deliveries
Embraer and Horizon Air sign contract for 30 E175 jets Read More »
Ameco completed its first V2500-A5 engine thrust reverser repair for Air China in mid March. Meanwhile, the first CFM56-5B series engine thrust reverser is under repair and scheduled for redelivery in April. Ameco started to extend aircraft related components (ARC) services in October 2014. Besides V2500-A5 and CFM56-5B series engine thrust reverser, Ameco is now
Ameco extends aircraft related components services Read More »
HEICO Aerospace reported the signing of an exclusive five year component maintenance Flight Hour Agreement with JetBlue covering the majority of components fitted to the V2500 engine operating on JetBlue’s fleet of Airbus A320/A321 aircraft. HEICO Repair Group will provide component repair and component management services under contract, utilizing its extensive in house repair capability,
HEICO Aerospace signs 5-year service contract with JetBlue Read More »
