Four months after Iran Air signed a US$16 billion 80-plane deal with Boeing, Iran’s Aseman Airlines has signed a US$3 billion 30-plane deal with the American plane manufacturer. Both deals have come about as a result of Iran signing an international nuclear agreement in July 2015. The Aseman contract is for 30 Boeing 737 MAX …
Boeing signs US$3 billion 30-plane deal with Iran’s Aseman Airlines Read More »
Delta Air Lines reported that March 2017 system traffic increased 2.3% compared to the previous year, while capacity for the month was up 1%. System load factor for March was up 1.0 point to 85.8% compared to March 2016.
Klaus Goersch, Executive Vice President & Chief Operating Officer of Air Canada has resigned effective April 30, 2017. He will continue to lead Air Canada’s operations until his departure. The Corporation will announce his successor in due course.
DVB Bank provided bilateral term loan to SunExpress for the aircraft which represent the first two in a six aircraft batch, that the airline will take delivery this year. Norton Rose Fulbright LLP acted as counsel to the Lender whilst Holman Fenwick Willan LLP acted as counsel to the airline.
Lufthansa Technik and the South Korean carrier Asiana Airlines have signed two comprehensive, long-term agreements. In the frame of a 15-year Total Component Support (TCS) contract, Lufthansa Technik will support the carrier’s future Airbus A350 fleet with components and provide access to an extensive spare parts pool. Furthermore, a four-year contract running from 2018 covers …
Lufthansa Technik and Asiana Airlines sign long-term agreements Read More »
Turboprop manufacturer ATR and the Italian producer of aircraft interiors Geven have signed a contract to equip the ATR-600 series aircraft with brand new passenger seats. Named Neo Classic and Neo Prestige, they have been specifically designed for ATR by the Italian designer Giugiaro. This contract affirms ATR’s continuing tradition of ensuring the highest standard …
ATR signs contract with Geven for new passenger seats Read More »
Airbus has selected HAECO Cabin Solutions, a division of HAECO Americas and a business unit within the HAECO Group, as its supplier for the Centerline Ceiling Stowage (CCS) compartment linefit option for new A320 Family aircraft. The option will also be available as a retrofit for newer in-service A320 Family aircraft which have the ‘Enhanced …
Wim van Beers has been named the new managing director of Airfoil Services Sdn. Bhd. (ASSB), a 50:50 joint venture between MTU Aero Engines AG and Lufthansa Technik AG. Van Beers joins ASSB from MTU Maintenance, where he spent the past three and a half years as Vice President Marketing and Sales Asia. He follows …
Wim van Beers named new managing director of Airfoil Services Read More »
Avolon Holdings, the international aircraft leasing company, has completed the acquisition of the aircraft leasing business of CIT Group. Avolon is now the world’s third largest aircraft leasing company with a combined fleet, as of December 31, 2016, of 868 aircraft valued at over US$43bn. Avolon now serves 149 customers in 62 countries with approximately …
Avolon completes US$10.38bn acquisition of CIT Group aircraft leasing business Read More »
PEMCO World Air Services (PEMCO) has signed an agreement with South Korea-based Air Incheon for the passenger to frighter conversion of one B737-400 aircraft (MSN 25857). Air Incheon, which is currently operating one PEMCO-converted B737-400 (MSN 25190), will take redelivery of its latest aircraft in Q3 2017.
