April 22, 2016

WestJet supporting development of Canadian-made sustainable aviation biofuel

WestJet teamed up with Alberta-based, Clean Energy Technology Centre (CETC) to accelerate the development of sustainable aviation biofuel in Western Canada. “WestJet’s collaboration with the CETC is an exciting first step in supporting the development and deployment of a sustainable fuel alternative in Western Canada,” said Geoffrey Tauvette, WestJet Director, Environment and Fuel. “WestJet has […]

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Finnair secures financing for fourth A350 aircraft

Financial / Leave a Comment

Finnair has secured financing for its fourth Airbus A350-900 XWB, delivered in March 2016. The transaction amounts to approximately €115m, implemented using a Japanese Operating Lease with Call Option (JOLCO) structure arranged by Credit Agricole. The transaction relates to Finnair’s ongoing long-haul fleet renewal program, which currently consists of 19 new Airbus A350-900 XWB aircraft

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Ryanair to trial hub-and-spoke transfers

Other News, Top Stories / Leave a Comment

In a departure from their current model, Ryanair has announced that it is going to trial airside transfers at both London Stansted and Barcelona El Prat airports. This departure from point-to-point in favor of the hub-and-spoke operating of traditional network carriers means that Ryanair flights will no longer operate solely on an A to B

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Avolon delivers one Boeing 737-800 to Thai Lion Air

Aircraft & Engines / Leave a Comment

Avolon, the international aircraft leasing company, announced the delivery of one Boeing 737-800 aircraft to Thai Lion Air. This is the first Avolon aircraft on lease to Thai Lion Air.

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Southwest Airlines reports first quarter profit

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Southwest Airlines reported its first quarter 2016 results, with net income, excluding special items, of US$567m compared with first quarter 2015 net income, excluding special items, of US$451m. The airline posted first quarter GAAP net income of US$511m compared with first quarter 2015 GAAP net income of US$453m and first quarter GAAP operating income of

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Rockwell Collins posts 2nd quarter fiscal 2016 financial results

Airlines & Routes / Leave a Comment

Rockwell Collins reported second quarter fiscal year 2016 earnings per share from continuing operations increased 7% to $1.30 compared to $1.22 in the prior year. Total sales in the second quarter of fiscal year 2016 were US$1.31bn, a 2% decrease from the same period in fiscal year 2015. Total segment operating margins remained steady at

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PACAVI Group confirms first orders for converted Airbus A320/A321 freighters

MRO & Production / Leave a Comment

PACAVI Group reported on the progress of the company’s first-to-market Airbus A320/A321 passenger-to-freighter (P2F) conversion program, confirming first orders for the PACAVI Freighter LITE. Customers include Colt Aviation/Colt Cargo, Norwegian company Airline Management AS, and two more companies that cannot be revealed yet. An additional launch order has been issued by an undisclosed leasing customer.

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London Heliport reports strongest upturn in movements since 2008

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The London Heliport at Battersea, the capital city’s only commercially licensed heliport, achieved its best year for activity since 2008 with over 10,500 movements recorded for the year ending 31st March, 2016. A high proportion of growth was attributable to business movements. There was an uptick especially, in private users during 2015, including the prolific

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