Lufthansa Group reported that net result for the first half of 2016 amounted to €429m (prior year: €954m), slightly below the prior-year result excluding one-off effects. In the first quarter 2015, the result included a positive effect amounting to €503m from the early conversion of the JetBlue convertible bond. First-half cash flow from operating activities […]
Lufthansa's net earnings down 55% in first half 2016 Read More »
Despite the safe evacuation of all passengers and crew on board an Emirates Boeing 777 which crash landed at Dubai Airport at 12.55pm local time, one firefighter was killed shortly afterwards while tackling the blaze which engulfed the whole aircraft. The airline’s chair and chief executive, Sheikh Ahmed Bin Saeed Al Maktoum, said: “We pay
Firefighter killed after Emirates Boeing 777 crash landing at Dubai Airport Read More »
GE Capital Aviation Services (GECAS), the commercial aircraft leasing arm of GE, announced a US$280m, 10.5 year term, Senior Debt agreement with Aerolíneas Argentinas. The debt is secured by four A330-200s powered by GE’s CF6 engines and three B737-800s powered by CFM56 engines. The four A330s are scheduled to fund in 2016 and the three
GECAS signs US$280m Senior Debt agreement with Aerolíneas Argentinas Read More »
Air Lease Corporation (AL) announced the placement of two Boeing 737-800 NG aircraft on long-term lease to SpiceJet (India), delivering in July and August 2016. One of the 737-800s is from ALC’s order book with Boeing and the second is a 2012-built 737-800 with winglets and sky interior. These placements will be ALC’s fourth and
Air Lease Corporation places two Boeing 737-800s with SpiceJet Read More »
Aerospace and defense contractor AAR, a provider of aircraft maintenance and supply chain solutions worldwide, has appointed AAR Vice President Cheryle Robinson Jackson as its first President, AAR Africa. Jackson, who has served as AAR’s Vice President of Government Affairs and Corporate Development since she joined the company in 2010, more recently added business development
AAR names Cheryle Robinson Jackson first President of AAR Africa Read More »
Jet Professionals, a business aviation staffing services, will open a new office at Burbank Bob Hope Airport in August. The new office at Burbank Bob Hope Airport in Burbank, California, which will open mid-August, allows Jet Professionals to better serve the needs of the company’s growing client base on the West Coast. The company will
Jet Professionals to open new location in Burbank, California Read More »
EDM, a provider of training simulators to the civil aviation and defence sectors, has won an order from a major US airline to supply a Virtual Slide Trainer (VST). The VST provides practical slide deployment training for emergency evacuation on land and when ditching. The solution reduces the significant cost and time associated with the
EDM wins Virtual Slide Trainer order from major US airline Read More »
Thirty Saudi Arabian students to start air traffic control training with air traffic services provider Airways. This is the fourth group of students to be trained by Airways from Saudi Arabia’s civil air services provider, the General Authority of Civil Aviation of Saudi Arabia (GACA) – helping to fill a critical gap in the Middle
Airways trains next contingent of Saudi Arabian air traffic controllers Read More »
C&L announce a new, US$3m expansion to its facility in Bangor. The project, supported in part by a US$1.2m grant from the United States Economic Development Administration that was recently awarded to the City of Bangor, will refurbish a newly leased hangar, add two new buildings, increase capabilities and create 100 additional jobs over the
C&L Aviation Group primed for additional expansion Read More »
