Intrepid Aviation confirmed the acquisition of a new B777-300ER aircraft from Boeing in Seattle and its delivery on long-term lease to Manila-based Philippine Airlines.
Intrepid delivers one new B777-300ER on lease to Philippine Airlines Read More »
Subsequent to the tragic accident involving one of its ATR turboprops on December 7, Pakistan International Airlines (PIA) has grounded its entire fleet of ATR aircraft until the Pakistan Civil Aviation Authority (PCAA) investigation board has had the opportunity to perform ‘shakedown tests’ on the these planes. The PCAA will also be conducting a thorough
Pakistan International Airlines fleet of ATRs grounded for examination Read More »
Cusco Aviation, an aircraft and engine trading, asset management and technical services company for the aviation industry, has retained DelMorgan & Co., an internationally recognized investment banking firm, as its exclusive financial advisor to advise Cusco Aviation on its strategic alternatives, including growth capital investments for the acquisition of aircraft lease portfolios from existing lessors
Singapore-based Jetstar Asia has entered into a 10-year software agreement with FLYdocs for its advanced aviation data and records management platform. As part of the Qantas Group, who has been using FLYdocs since 2015, FLYdocs will now facilitate more efficient and smoother records and asset management to assist Jetstar Asia with frequent inter-fleet aircraft transactions
Jetstar Asia adopts FLYdocs platform Read More »
WestJet reported November 2016 traffic results with a load factor of 80.0% an increase of 1.4 points year over year. Traffic increased 14.3% year over year, while capacity grew 12.4% over the same period.
WestJet reports November load factor of 80.0% Read More »
SAS has secured financing of an additional five Airbus A320neo through the signing of a Sale and leaseback agreement with SMBC Aviation Capital. The aircraft will be delivered between 2016 and 2018. The agreement means that SAS, at the time of delivery for the respective aircraft, will sell the aircraft to SMBC Aviation Capital and
SAS finances five additional Airbus A320neo aircraft through sale and leaseback Read More »
With some 4.1 million passengers served in November 2016, Frankfurt Airport (FRA) saw passenger traffic increase by 4.9% compared to the previous year, despite the Lufthansa pilot strike affecting some 345,000 passengers and almost 2,600 aircraft movements. This increase, however, was largely attributable to a base effect resulting from the cabin crew strikes in November
Fraport posts traffic figures for November 2016 Read More »
Boeing and Iran Air announced an agreement for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at US$16.6bn at list prices. Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract was reached within the terms of the U.S. Government license issued to Boeing
Boeing, Iran Air announce agreement for 80 airplanes Read More »
American Airlines Group (AAL) reported November traffic results. Total traffic for November 2016 was down 0.2% versus November 2015. Total capacity was up 0.1% versus November 2015. Total passenger load factor was 80.9% down 0.3 points versus November 2015.
American Airlines Group reports November traffic Read More »
