12 May 2016

Johnson’s departure removes further hurdles for London City Airport expansion

In one of his first moves as successor to Boris Johnson as Mayor of London, Sadiq Khan has removed all objections by Johnson to the proposed expansion of London City Airport (LCY). The plans are to expand a physically restricted site that would increase the size of the existing terminal and see the creation of […]

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Allegiant signs purchase agreement for four additional Airbus aircraft

Allegiant has signed an agreement to purchase four additional Airbus A319 aircraft from Philippines-based low-cost carrier Cebu Pacific. The purchase marks another milestone for the company in its long-term transition to an all Airbus fleet. The aircraft in this agreement are scheduled for delivery in 2017 and 2018. Allegiant previously agreed to purchase six Airbus

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DVB Bank posts reasonable consolidated net income before taxes for first quarter of 2016

During the first three months of 2016, DVB Bank generated consolidated net income before taxes of €25.9m compared to €84.3m in the first quarter 2015. DVB originated 27 new transactions in its core Transport Finance business, with an aggregate volume of €1.2bn (Q1 2015: 51 new transactions with a total volume of €1.7bn). Whilst the

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VAS Aero Services acquires Boeing 777-200ER aircraft from Aircastle for disassembly

VAS Aero Services, a leader in aviation logistics and aftermarket services, has purchased a Boeing 777-200ER aircraft, MSN 28414, from Aircastle Advisor. Aircastle will retain ownership of the aircraft’s Trent engines for disposition in the market, while VAS will disassemble the airframe and manage re-distribution of the component parts to VAS’s key OEM, Airlines, and

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AerFin acquires E170

AerFin Ltd (UK) continues its acquisition programme with the purchase of Embraer E170 aircraft MSN 17000106 from SMBC Aviation Capital. Bob James, CEO, AerFin commented: “AerFin continues to work with a number of regional airlines to progress the continued operation of the E170 aircraft under an inclusive AerFin spares support program”.

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Saudi Arabian Airlines gains paperless authorization

Saudi Arabian Airlines (Saudia), the national carrier of Saudi Arabia, received authorization for paperless flight deck operations. The airline has integrated the installed version of Jeppesen FliteDeck Pro as its electronic flight bag (EFB) solution and uses a portable iPad-based EFB as a backup with its Boeing 787 aircraft. Jeppesen, a Boeing Company, provided support

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Monarch Aircraft Engineering signs new line maintenance contracts

Monarch Aircraft Engineering has contracted new customers to their line maintenance portfolio for summer 2016. Monarch Aircraft Engineering will be providing line maintenance technical handling to Iberia Express Airbus A320 operation at Birmingham and Vueling Airlines’s Airbus A320 operation at Birmingham, Luton and Leeds Bradford airports. In addition, Primera Air has renewed their current contract

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Lufthansa Technik Logistik Services optimizes worldwide transport network

Lufthansa Technik Logistik Services (LTLS) has completely restructured its transport network for air freight. By reducing the number of transport service providers and by standardizing processes, transport times can be reduced, flexibility increased and costs lowered. In this context, LTLS has re-tendered its entire air freight business with an annual transport volume valued at €28m.

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