Online retail giant Amazon has announced plans to build an air cargo hub at Cincinnati/Northern Kentucky Airport in Hebron, U.S. The move is intended to support its growing fleet of aircraft and should create in excess of 2,000 jobs. It is anticipated the costs will be in the region of US$1.5 billion. Having agreed to […]
Amazon to build air cargo hub at Cincinnati Read More »
Bombardier Commercial Aircraft released that a firm purchase agreement, consistent with the conditional agreement announced on January 24, 2017, has been finalized with Dublin-based regional carrier, CityJet. The firm agreement includes six CRJ900 aircraft and options for an additional four aircraft. Upon delivery, the aircraft will operate under wet lease in the Scandinavian Airlines (SAS)
Bombardier and CityJet finalize purchase agreement for up to 10 CRJ900 aircraft Read More »
CFM International (CFM) has named Gaël Méheust as its new president and chief executive officer, effective immediately. Mr. Méheust is replacing Jean-Paul Ebanga, who had served as CFM president and CEO since February 2011 and has now moved to another position within Safran. CFM, the 50/50 joint company between GE and Safran Aircraft Engines, is
CFM International names Gaël Méheust new president and CEO Read More »
For January 2017 Delta reported system traffic was up 0.4% compared to the same period in 2016 and system capacity increased 0.6%. System load factor for January was 81.2%, down 0.1 points compared to January 2016.
Delta reports operating performance for January 2017 Read More »
United Airlines is working with each of Avianca Holdings S.A. and Avianca Brasil to enhance and deepen the companies’ commercial and strategic relationships. United, Avianca and Avianca Brasil are members of Star Alliance, a global airline alliance which provides service to 192 countries via 28 member airlines.
United Airlines and Avianca to deepen commercial relationship Read More »
SAS has decided to establish a new AOC in Ireland with operational bases in London and Spain. The aim is for the new operations to be up and running from winter 2017/2018, providing a smaller number of departures as a complement to SAS’s existing production. “In line with SAS’s strategy of focusing on those customers
SAS complements production with new Air Operator Certificate Read More »
Aviation IT company Locatory.com has deployed a new integration for its marketplace solution with Pentagon 2000SQ. The partnership is in its third year and integrates the most important Locatory.com marketplace solutions with the Pentagon 2000SQ system. This integration brings tangible benefits for all Pentagon and Locatory.com users. Companies in the aviation industry have an opportunity
Locatory.com and Pentagon 2000SQL deploy advanced web services integration Read More »
Airstream International Group have been mandated by Novoair, Bangladesh, to source one ATR72-500 aircraft for purchase. Airstream have enjoyed a strong working relationship with Novoair dating back many years. Airstream has been very active remarketing ATR aircraft, successfully arranging the sale or lease of 27 ATR aircraft in the last 5 years.
Airstream appointed for ATR72-500 acquisition Read More »
Falcon Aerospace Limited and Falcon Aerospace USA LLC (“Falcon 2017-1” or “Borrowers”) will issue US$410m of asset-backed secured term Loans. The Borrowers expect to use the proceeds to purchase 21 in-production, narrow-body aircraft. Dubai Aerospace Enterprise (DAE) will act as servicer for the transaction. Falcon 2017-1 will issue three tranches of asset-backed secured term loans:
DAE announces pricing of inaugural aircraft securitization Read More »
Norway-based engine MRO facility Aero Norway AS has moved to a shift work programme to increase its production capacity as the rate of engine inductions at the facility continues to grow. Over the next few months its skilled and experienced engineers will supervise the training of ten new apprentices as the Company reinforces its commitment
Aero Norway invests in skilled workforce Read More »
