5 September 2016

Bombardier receives second of two US$500 million payments from Quebec

Subsequent to Bombardier coming to an agreement with the government of Quebec, which was reported on June 23 this year, to sell a 49.5% stake in a subsidiary company created specifically for the C-Series for US$1 billion, and the first of two US$500 million payments released on the 30th June, the second payment due on …

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Republic Airways and American Airlines reach agreement on long-term commercial relationship

Republic Airways has reached an agreement with American Airlines that secures a long-term relationship between the two airlines and on September 5 has filed a motion for its approval in the United States Bankruptcy Court for the Southern District of New York. The amended agreement provides for: – a single capacity purchase agreement that prescribes …

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Alaska Air Group reports August 2016 operational results

Alaska Air Group reported August and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines and for its regional flying operated by subsidiary Horizon Air and third-party regional carriers, SkyWest Airlines and PenAir (Regional). On a combined basis, Air Group reported a 9.0% increase in traffic on a …

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Small Planet Airlines reports increased revenues, but lower profits

During the first half of 2016 leisure carrier Small Planet Airlines grew its revenues by 9,9% to €72,3m when compared to the same period in 2015. The main reasons behind revenue growth was increased activity in Lithuania, Poland, and the United Kingdom, launch of flights under the German AOC, and return to the French market. …

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AJW Group appoints Henry Game as Chief Strategy Officer

AJW Group secures Henry Game, in the new role of Chief Strategy Officer as the organisation completes its new executive team to lead the sustained growth and development of the business worldwide. He will help define the Group’s strategy and execute delivery of that strategy, ensuring that the diverse AJW organisation meets its strategic objectives. …

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easyJet and Lufthansa Technik AG sign substantial base maintenance contract

Lufthansa Technik AG signed a substantial base maintenance contract in the Maltese capital Valletta. More than 100 of easyJet’s A320 family will be serviced by Lufthansa Technik Malta during the next five years. Ian Davies, easyJet Director of Engineering, commented on the signing of the contract: “Based on our experience with Lufthansa Technik in Berlin, …

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UAM announces aircraft transactions

Universal Asset Management, announced the acquisition of multiple aircraft in recent months. The company added an ex-American Airlines A320-200, ex-British Airways Boeing 767-300ER, and ex-Onur Air A321-200 to its portfolio with 4 additional deliveries expected in the next 30 days. UAM is a global aviation services company with nearly three decades of commercial and technical …

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AAR expands reach in Europe with Enter Air PBH support contract

AAR has signed a long-term agreement with Polish charter carrier Enter Air to provide full power-by-the-hour (PBH) component inventory management and repair services on 19 Boeing 737-series aircraft, including the 737CL and NG. AAR will assume responsibility for nose-to-tail management of components and repairs on the fleet for Enter Air, a low-cost carrier based in …

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