Currently owning 4.2% of outstanding shares in Grupo Aeroméxico S.A.B. de C.V., Delta Air Lines is looking to acquire a further 32% of the outstanding capital stock which, if combined with current options to acquire 12.8%, would extend the airline’s holding and options to 49%. Completion of the cash tender offer will be subject to …
Delta looks to substantially increase holding in Groupo Aeromexico Read More »
Some 4.2 million passengers used Frankfurt Airport (FRA) in January 2017, resulting in an increase of about 75,000 passengers (up 1.8%) and a new January monthly record at FRA. Thus, this continues the passenger growth trend set during the last two months of 2016. FRA’s cargo volume rose briskly by 5.6% to 168,556 metric tons. …
Frankfurt Airport registers new passenger record in January Read More »
In support of the Royal Canadian Air Force (RCAF), Public Services and Procurement Canada (PSPC) awarded an initial four-year performance-based contract to StandardAero for T56 propulsion sustainment on its fleet of CC-130 Hercules and CP-140 Aurora aircraft. The award was the culmination of the Department of National Defence’s new procurement process that included industry engagement …
StandardAero awarded Royal Canadian Air Force propulsion system maintenance contract Read More »
Korea-based Asiana Airlines and its subsidiary Air Busan have selected Rockwell Collins’ ARINC MultiLink aircraft tracking service for their respective fleets, joining a number of other airlines around the world. ARINC MultiLink brings together multiple data sources to reliably report the location of a commercial aircraft anywhere in the world, particularly in remote areas. In …
Asiana Airlines and Air Busan select Rockwell Collins flight tracking service Read More »
GA Telesis reported the addition of two industry veterans to bolster its engine leasing team for the EMEA region. Christopher Grey and Leanne Jones will each serve as Directors of Sales, Leasing and Acquisitions for GA Telesis’ Asset Transaction Group (ATG). Based out of GAT’s London office, Christopher and Leanne will report to ATG in …
GA Telesis bolsters engine leasing coverage with addition of two industry veterans Read More »
Bombardier Commercial Aircraft and Hawaii Island Air, have signed a five-year Smart Parts agreement to provide longer-term component support for the carriers growing fleet of Q400 aircraft. Island Air is currently operating new Q400 aircraft leased from Elix Aviation Capital Limited (Elix) of Ireland. The Smart Parts program provides Island Air with comprehensive component maintenance, …
Hawaii Island Air signs Smart Parts agreement with Bombardier Read More »
Avolon, the international aircraft leasing company, has delivered one Airbus A320-200 aircraft to Batik Air. This is the fifth Avolon aircraft on lease to the airline.
Aviall has signed an exclusive distribution agreement with Triumph Group, covering spare parts for Boeing, Airbus and Bombardier aircraft. The agreement expands Aviall’s product support with Triumph Integrated Systems to include its Clemmons, North Carolina and Valencia, California sites of its Fluid Power & Actuation (FP&A) business. Products involved in this agreement include hydraulic pumps …
Aviall and Triumph Group expand distribution agreement Read More »
Air Canada announced a significant expansion in services between Canada and Israel , with the introduction of a seasonal non-stop service between Montreal and Tel Aviv and an increase in its current Toronto – Tel Aviv non-stop service to a daily frequency year-round. “This new service also reflects Air Canada’s ongoing international expansion strategy, from …
Tennenbaum Capital Partners released that certain of its funds have agreed to provide a US$100m engine financing facility to Mesa Air Group, a leading regional airline. The facility will be used to purchase a portfolio of new General Electric CF34-8C5 engines and will provide Mesa with additional financing capacity to support its growing business. “We …
TCP to provide US$100m engine financing facility to Mesa Airlines Read More »
