October 6, 2016

easyJet predicts 29% fall on pre-tax profit compared to 2015

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Citing such external influences as terrorist attacks, Brexit and the weakening pound, easyJet, the low-cost UK-based carrier has forecast a £490-£495 million pre-tax profit for the carrier’s tax year ending September 30. This figure is down 29% on the last financial year’s profit of $686 million. According to the airline: “EasyJet has performed strongly in […]

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Embraer appoints Guy Douglas to lead EMEA communications

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Embraer has strengthened its corporate team in Europe, Middle East and Africa with the appointment of Guy Douglas as Director of Corporate Communications EMEA. Douglas will report to Jorge Ramos, Embraer’s President EMEA, and in matrix to Saulo Passos, Global Head of Marketing and Communications. He will cover the region from the Embraer EMEA headquarters

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Joint venture Liebherr LAMC Aviation delivers first landing gear assembled in China for the ARJ21

MRO & Production / Leave a Comment

Liebherr LAMC Aviation (Changsha), the joint venture between the Chinese company LAMC (AVIC Landing Gear Advanced Manufacturing) and German-based Liebherr-Aerospace Lindenberg, celebrated the delivery of its first ARJ21 main landing gear assembled in China to aircraft manufacturer COMAC. The ARJ21 main landing gear assembly line at Liebherr LAMC Aviation (Changsha) was established by Liebherr by

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Royal Brunei Airlines and Lufthansa Technik sign ten-year component support contract

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Royal Brunei Airlines (RB) and Lufthansa Technik have signed a ten-year contract covering component support for RB’s A320 and upcoming A320neo fleet. The scope of services includes repair management for a comprehensive range of line replaceable units, provision of critical inventory at RB’s home base in Brunei and access to Lufthansa Technik’s global network of

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HAECO Americas to exit line maintenance services segment in the USA

MRO & Production / Leave a Comment

HAECO Americas, a subsidiary of the HAECO Group with headquarters in Greensboro, North Carolina, USA, reported that it will be exiting its line maintenance services segment in the USA to focus resources on its principal businesses: MRO Services and Cabin Solutions. The Company expects to systematically end operations at most locations by the end of

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Intrepid concludes revised agreement with Boeing

Aircraft & Engines / Leave a Comment

Intrepid Aviation has concluded a revised agreement with the Boeing Company in respect of its purchase commitment for six firm B777-300ER aircraft. Under this revised agreement, the first two aircraft will continue to deliver new on long-term lease to Philippine Airlines later this month and in December this year, as first announced in June 2015.

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AAR wins contract to provide PBH, component management & repair services to South African Airways Technical

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AAR has signed a five-year agreement to provide power-by-the-hour (PBH) component inventory management and repair services to South African Airways Technical (SAAT). The contract is valued up to US$125m. AAR has teamed with local joint venture partner, JM Aviation South Africa, to support South African Airways’ (SAA) fleet with nose-to-tail component and repair management. JM

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Air Canada completes CAD$1.25bn refinancing

Financial / Leave a Comment

Air Canada has completed its previously announced private offering of CAD$200m of 4.75% senior secured first lien notes due 2023 (the “2016 Senior Notes”) and the closing of its previously announced U.S.$1.1bn new senior secured credit facility, comprised of a U.S.$800m term loan maturing in 2023, together with a new, undrawn U.S.$300m revolving credit facility

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AerCap confirms placement of five Embraer E-Jets E2 aircraft to Borajet Airlines

Aircraft & Engines / Leave a Comment

AerCap Holdings has confirmed placement of three Embraer E190-E2s and two E195-E2s to Turkish carrier, Borajet Airlines. The aircraft, on long term lease from AerCap’s order book with Embraer, will begin delivering to Borajet Airlines in 2018. The announcement was made at the Istanbul Airshow. AerCap is the launch lessor customer of Embraer’s E-Jets E2

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easyJet predicts 29% fall on pre-tax profit compared to 2015

Embraer appoints Guy Douglas to lead EMEA communications

Joint venture Liebherr LAMC Aviation delivers first landing gear assembled in China for the ARJ21

Royal Brunei Airlines and Lufthansa Technik sign ten-year component support contract

HAECO Americas to exit line maintenance services segment in the USA

Intrepid concludes revised agreement with Boeing

AAR wins contract to provide PBH, component management & repair services to South African Airways Technical

Air Canada completes CAD$1.25bn refinancing

AerCap confirms placement of five Embraer E-Jets E2 aircraft to Borajet Airlines

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6 October 2016

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