Luton, UK-based Monarch Airlines, which was established in 1968, has recently been facing financial problems which threatened continuation of its ATOL (Air Travel Operator’s License) agreement. That license grants passengers financial protection so that if an airline goes into liquidation while they are abroad they are not left stranded. The airline has now announced that …
Bombardier confirmed that it has closed the previously announced sale of its Amphibious Aircraft program to British Columbia-based Viking Air Limited. The agreement covers the Type Certificates for all variants of the aircraft, the CL-215, the CL-215T and the Bombardier 415 aircraft as well as after-market services. This divestiture positions Bombardier to better focus on …
Bombardier finalizes sale of Amphibious Aircraft Program to Viking Air Read More »
China Airlines (CAL) has taken delivery of its first A350-900, becoming the ninth airline to operate the world’s newest and most efficient twin engine widebody airliner. CAL’s A350-900 is configured with a premium three class layout with a total of 306 seats, comprising 32 in Premium Business class, convertible to fully lie-flat beds, 31 in …
China Airlines becomes new operator of the A350 XWB Read More »
AerCap Holdings N.V. announced the delivery of a new Airbus A350-900 to LATAM Airlines Group. The aircraft was transferred to LATAM Airlines at the Airbus Delivery Centre in Toulouse. AerCap has one of the largest Airbus A350XWB portfolios with a total of seven owned and another 22 on order aircraft. AerCap President and Chief Commercial …
Mitsubishi Heavy Industries appointed Kiyoshi Okazoe as the new President of Mitsubishi Heavy Industries America. (MHIA), a wholly owned subsidiary of MHI, effective October 1, 2016. A veteran of the MHI North America operations, Okazoe succeeded Kenji Ando, who assumed the position of President and CEO, Energy & Environment, based in Tokyo.
Guggenheim Partners, a global investment and advisory firm with more than US$240bn in assets under management, announced the sale of its commercial aircraft investment and management business, Guggenheim Aviation Partners (GAP), to the GAP management team. Founded in 2003 as a joint venture between Guggenheim and aircraft industry veterans Steve Rimmer and Paul Newrick, GAP …
Guggenheim Partners to sell commercial aviation division to management team Read More »
Pilots from Delta Air Lines, represented by the Air Line Pilots Association, Int’l (ALPA), reached a comprehensive Agreement in Principle with Delta management to amend their collective bargaining agreement. If approved by the MEC, the agreement will be sent to the Delta pilots for membership ratification.
BOC Aviation has entered into a purchase-and-leaseback arrangement with Air China for five aircraft, comprising three Boeing 777-300ER aircraft and two Airbus A330-300 aircraft, all scheduled for delivery new from the manufacturer in the fourth quarter of 2016.
Together with Lufthansa Cargo, Lufthansa Technik AG has reached another important milestone in its preparations for the entry into service of the Airbus A350 in Lufthansa German Airline’s fleet: In a test carried out in Frankfurt under real-life conditions, a Trent XWB aircraft engine provided by Rolls-Royce was loaded into a Boeing 777F. This successful …
Lufthansa Technik and Lufthansa Cargo test loading of Trent XWB Read More »
