23 January 2017

Fourth postponement of Berlin’s new Brandenburg Airport opening

Continued technical problems continue to dog the opening of Berlin’s new Brandenburg airport, meaning that the already three-times delayed opening will be delayed a fourth time and will not happen in 2017. The problems appear to remain connected with the smoke extraction system. According to Airportzentrale.de: “there are problems with several hundred doors and the […]

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Aviation Capital Group closes US$1bn 5-year unsecured senior notes

Aviation Capital Group, the commercial aircraft leasing subsidiary of Pacific Life Insurance Company, has closed the sale of US$1bn of 2.875% unsecured senior notes due January 20, 2022 at a price of 99.364% of par. Proceeds from the Notes will be used for general corporate purposes, including repayment of existing indebtedness. The Notes are not

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42 Fokker aircraft transactions in 2016

GKN Aerospace’s Fokker business announced that a total of 42 Fokker aircraft were placed in 2016 compared with 50 transactions in 2015. At the start of 2017 approximately 400 Fokker aircraft were operational worldwide. The fleet of Fokker aircraft has earned a reputation for advanced technology, comfort, operational reliability, low noise levels, durability and continued

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Ukraine International Airlines completes implementation of PROS revenue management solutions

PROS (PRO), the revenue and profit realization company, reported that Ukraine International Airlines (UIA) has deployed into production PROS Origin & Destination (O&D) and PROS Real-Time Dynamic Pricing (RTDP) solutions, both part of the company’s RevenuePRO portfolio of products. PROS O&D enables UIA to forecast demand and optimize network revenue associated with market trends and

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AerCap signs lease agreement with Loong Air for 20 new aircraft

AerCap has signed a lease agreement for twenty new aircraft with Chinese carrier, Loong Air. The signing ceremony took place in Hangzhou between AerCap Chief Executive Officer, Aengus Kelly and Loong Air Chairman, Liu Qihong. This agreement represents the largest deal ever signed by a lessor with a Chinese private airline.

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Sunrise Airways charts course for accelerated growth with new Airbus A320

Sunrise Airways has positioned itself for aggressive expansion in 2017, initiating service aboard a new 180-seat Airbus A320 aircraft. Sourced through a wet-lease agreement with Dominican Wings, a subsidiary of Lithuanian wet-lease specialist Avion Express, the Airbus A320 is currently operating along Sunrise Airways routes connecting Cuba with Haiti and the Dominican Republic. The move

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