Delta Airlines has announced it has been successful with its cash tender offer to acquire additional 32 percent of outstanding capital stock via the Mexican Stock exchange in Grupo Aeroméxico S.A.B. de C.V.. The price paid was MXN$53.00 per share. The American carrier acquired 228 million shares, which equates to 32 percent of outstanding shares […]
Delta successfully increases stake in Grupo Aeroméxico by 32% Read More »
Boeing has received a five-year contract to continue long-term sustainment of the Republic of Korea Air Force’s (ROKAF) F-15K aircraft, supporting to the fleet’s readiness. “This approach guarantees materials and technical support required for aircraft maintenance over many years while managing costs,” said Tim Buerk, director, F-15 sustainment in the Far East region and United
Boeing wins five-year contract to sustain Republic of Korea F-15K fleet Read More »
Southwest Airlines reported February 2017 traffic increased 1.1% compared to February 2016, while capacity increased 1.2%. The February 2017 load factor was 79.0%, which was flat compared with February 2016.
Southwest Airlines posts February 2017 operational results Read More »
Bombardier delivered the sixth CS100 aircraft, the smaller variant game-changing C Series platform, to Swiss. Bombardier has now delivered a total of eight C Series aircraft; six CS100 to SWISS and two CS300 to airBaltic. The C Series continues to demonstrate strong operational performance with both SWISS and airBaltic and have now accumulated over 5,500
Bombardier delivers sixth CS100 aircraft to SWISS Read More »
Bombardier Business Aircraft reported its establishment of five new line maintenance stations across Europe. The facilities provide line maintenance support to Bombardier Business Aircraft customers in Europe, complementing the tip-to-tail heavy maintenance services provided by Bombardier’s Service and Support Network in the region and worldwide. The facilities are located in Linz, Austria; Nice and Cannes,
Bombardier Business Aircraft establishes five line maintenance stations in Europe Read More »
South Korean start-up carrier KAIR Airlines has announced that it has selected the A320 Family to launch its new low cost operation, with a firm order for eight A320ceo. The new airline will be based in Cheongju in central South Korea and will focus primarily on services to international destinations in North East Asia. “We
New South Korean carrier KAIR Airlines orders eight A320s Read More »
Boeing and CDB Aviation Lease Finance (CDB Aviation) announced an order for 30 737 MAX 8 airplanes. The order, valued at US$3.3bn at current list prices, was previously unidentified on Boeing’s Orders & Deliveries website. Both sides agreed to take this opportunity to broaden communication and strengthen cooperation in various fields, bringing the partnership to
Boeing and CDB Aviation Lease Finance sign order for 30 737 MAX 8 airplanes Read More »
GE Aviation reported the delivery of the new flight management software Update 13 (U13) for the Boeing 737 MAX. The new software will be standard fit for all 737 MAX production airplanes. “The 737 MAX flight management system is helping operators to reduce costs, while improving performance as it relates to on-time arrivals and less
GE delivers flight management software as it readies the Boeing 737 MAX Read More »
Dubai Aerospace Enterprise (DAE) has completed the purchase of a portfolio of ATR 72-600 aircraft from GE Capital Aviation Services (GECAS). This purchase brings the total number of owned and committed ATR 72-600 aircraft in DAE’s fleet to 57, making DAE one of the largest lessors of the ATR 72-600 worldwide. In addition, DAE has
DAE acquires portfolio of ATR 72-600s from GECAS Read More »
Angus von Schoenberg, Chief Investment Officer for TrueNoord, the regional aircraft leasing company based in Amsterdam and London, has been invited to take on the role of Vice Chairman for the ERA Chief Financial Officers Group. The CFO Group’s motivation is to help ERA’s airline members improve their efficiency, performance and financial management through twice
