Delta Air Lines (DAL) reported financial results for the September 2016 quarter. Adjusted pre-tax income for the September 2016 quarter was US$1.9bn, a US$278m decrease from the September 2015 quarter. The technology outage and subsequent operational recovery Delta experienced over four days in early August reduced pre-tax income for the quarter by an estimated US$150m. […]
Delta Air Lines' 3rd quarter profit drops Read More »
Air Lease Corporation reported the placement of six new 737 MAX 8s with CFM Leap-1B engines on long-term lease to LOT Polish Airlines. In addition to the six firm lease placements, the agreement includes the option to lease five new 737 MAX 8s, to be confirmed by early 2017. All eleven aircraft are from ALC’s
Frankfurt Airport (FRA) has set a new September record, welcoming a total of 5.9 million passengers in September 2016. However, this positive result was helped by the fact that in the same month of the previous year, a strike had led to a noticeable reduction in passenger volumes. Without this base effect, passenger traffic would
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On October 12th nearly 100 Spirit Airlines pilots, represented by the Air Line Pilots Association, Int’l (ALPA), stood shoulder-to-shoulder at the Dallas Fort Worth International Airport (DFW) to demonstrate their unity as negotiations for a new contract approach the two-year mark. The pilots have been pressing Spirit Airlines management for a compensation package that would
Nearly 100 Spirit Airlines pilots picket at Dallas/Fort Worth International Airport Read More »
JetBlue Airways reported its preliminary traffic results for September 2016. Traffic in September increased 10.8% from September 2015, on a capacity increase of 7.9%. Load factor for September 2016 was 83.2% percent, an increase of 2.1 points from September 2015.
JetBlue Airways reports September traffic Read More »
Avtrade has appointed Janice Ho as Regional Sales Manager – South Asia. With strong sales and aviation knowledge gained at leading component suppliers based in Singapore, Janice joins Avtrade to take on the role of Regional Sales Manager – South Asia. Based at Avtrade’s Singapore office, Janice will be responsible for developing new business opportunities,
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Texas-based aircraft lease-finance specialist Spectre Air Capital announced a significant development in Spectre’s continued rapid growth: An initial order of 15 firm plus rolling options for 737-700 and 737-800 passenger- to-freighter conversions with Israel Aerospace Industries (IAI), and a launch order from Seoul Korea-based Air Incheon for three 737-800 freighters on long-term lease for delivery
Spectre Air Capital announces launch order for B737-700 & 800 Freighter conversions Read More »
Airbus Group has appointed François Auque and Thomas d’Halluin to lead the European and U.S. venture investment activities, respectively, of its “Airbus Ventures” initiative. Auque previously served as Executive Vice-President of Space Systems and CEO Airbus Defence and Space France and d’Halluin was COO of Airbus Ventures activities since they began. The appointments are effective
