China targets airports for 2016 infrastructure investment of US$11.9 billion

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The Civil Aviation Administration of China (CAAC) has said that 11 major construction projects, along with 52 aviation-related upgrades to current facilities, will be the focus of their attention this year, allocating a budget of CNY77 billion (US$11.9 billion) according to the Xinhua News Agency. The news agency was told by Feng Zhenglin, head of […]

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Finnair traffic performance in April 2016

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In April, Finnair’s overall capacity grew by 3.4%, while traffic declined by 0.1% year‐on‐year. The passenger load factor declined by 2.4% points to 75.1%.

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Icelandair signs agreement to purchase two Boeing 767-300 aircraft

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Icelandair, a subsidiary of Icelandair Group, will take into commission two Boeing 767-300 aircraft. In addition, an agreement has been signed on the purchase of two Boeing 767-300 aircraft. These aircraft will be delivered in the coming months and undergo complete refurbishment, in line with other aircraft in Icelandair fleet. Refurbishment is expected to be

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Virgin America reports April 2016 operational results

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Virgin America reported its preliminary operational results for April 2016. The airline’s traffic increased 11.7% on capacity that was 13.5% higher from the same month in 2015. Load factor was 84%, a decrease of 1.4 points from April 2015.

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FAA certifies Pratt & Whitney's PurePower PW1400G-JM engine

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The Federal Aviation Administration has certified Pratt & Whitney’s PurePower PW1400G-JM engine to power Irkut’s MC-21 aircraft. With this milestone, Pratt & Whitney now has three certified PurePower Geared Turbofan (GTF) engine variants. “We would like to congratulate Pratt & Whitney on the certification approval of its PurePower engine, which will be installed on МС-21

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James Hogan to head new Etihad Aviation Group

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The Etihad Aviation Group Board of Directors under the Chairmanship of HE Mohamed Mubarak Al Mazrouie has announced the new management structure for the Etihad Aviation Group PJSC, which was formally established by Abu Dhabi Law No. 6 as of 2014. Etihad Aviation Group Chairman, Mr Al Mazrouie said: “Etihad Airways has been steadily evolving

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Eirtech Aviation wins four year technical services contract with SAS

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Eirtech Aviation, a leading provider of aircraft engineering and technical services and SAS have signed a contract for Aircraft end of Lease Technical Services until 2019. The new agreement is effective immediately and builds on a strong relationship between the two companies, while expanding the scope of services being offered. Eirtech Aviation secured the contract

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Virgin Atlantic closes first ever JOLCO with FPG and DVB

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Virgin Atlantic completed the closing of its first JOLCO (Japanese Operation Lease with Call Option) financing at the end of April. The aircraft, a Boeing 787-9, was delivered to the UK’s second largest long-haul carrier in December 2015 and subsequently financed with a JOLCO arranged by FPG AIM and with the equity arranged and underwritten

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GA Telesis expands live AOG service offering

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GA Telesis announced the expansion of its LiveAOG service offerings with the addition of a 24/7/365 dedicated AOG Americas service team along with a first-ever AOG mobile app. The company’s AOG Americas service will handle urgent component needs for the Americas and support GA Telesis’ exclusive iGEAR (Intelligent Global Engine & Airframe Replenishment) programs for

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WestJet of Canada contracts Airline Services Handling as UK ground handling partner

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Airline Services Handling, part of the Airline Services Group, has won a new contract from Canada’s WestJet, an Alberta-based airline, to provide ground handling services for their newly launched non-stop international flights from London’s Gatwick Airport to six Canadian cities, effective May 7th. WestJet, which is marking its 20th anniversary this year, is serving Toronto,

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