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DAE reports full year 2016 financial results

Dubai Aerospace Enterprise (DAE) has reported financial results for full year 2016. Total revenue amounted to US$417.8m (AED 1,534m) for full year 2016, an increase of 22% from US$341.7m (AED 1,255m) for full year 2015. Net income from Continuing Operations amounted to US$124.9m (AED 459m) for full year 2016, an increase of 323% from US$29.5m (AED 108m) for full year 2015. DAE reported total net income of US$199.0m (AED 731m) for full year 2016, a decrease of 67% from US$610.4m (AED 2,241m) for full year 2015. (2015 results included a gain on the sale of StandardAero.)

Airbus confirms Air Algérie order for five A330-900 and two A350-1000 commercial jets

Friday June 2, 2023
Air Algérie has ordered five A330-900s and two A350-1000s from Airbus
European planemaker Airbus has confirmed that it has received a firm order from Air Algérie for five wide-body A330-900s and two wide-body A350-1000s. Aer Algérie is the flag-carrying airline of Algeria in Northern Africa. The new commercial jets will allow ... Read More »

ALC places four A220-300 aircraft on lease with Czech Airlines

Friday June 2, 2023
ALC has placed four A220-300 aircraft with Czech Airlines
Air Lease Corporation (ALC) has placed four new Airbus A220-300 aircraft on long-term lease with Czech Airlines. All four aircraft are scheduled to deliver to the European airline in 2024 from ALC’s order book with Airbus.  “We are pleased to ann... Read More »

Spirit Airlines turns to Texas to expand pipeline of professional pilots

Friday June 2, 2023
US Denton Flight School, Texas
Spirit Airlines is turning to Texas to expand its pipeline of highly-skilled, professional pilots. The carrier released that US Aviation Academy in Denton, Texas, is the latest partner to join the Spirit Wings Pilot Pathway programme. The flight scho... Read More »

Safran enters into negotiations with Air Liquide to acquire its aeronautical oxygen and nitrogen activities

Friday June 2, 2023
Safran has announced its exclusive negotiations with Air Liquide for the acquisition of Air Liquide advanced Technologies’ aerospace technology oxygen and nitrogen activities, excluding the cryogenic activities related to marine applications. The aeronau... Read More »

Jackson Jet Center joins TITAN Aviation Fuels branded FBO network

Friday June 2, 2023
Jackson Jet Center
Jackson Jet Center, a provider of private and business aviation services, has announced its partnership with TITAN Aviation Fuels, a renowned supplier of aviation fuel products. The collaboration between the two companies aims to elevate the customer experienc... Read More »

Avionica successfully inducts miniQAR's and LTE with two prominent carriers

Friday June 2, 2023
Air Transat has opted for Avionica's miniQAR's and LTE product line
Avionica, a global leader in aircraft data management solutions has announced the successful induction of its miniQAR’s and LTE product line to two prominent air carriers Air Transat and JSX. This milestone marks a major advancement in aviation data mana... Read More »

Irish High Court orders wind up of two Russian-owned aircraft lessors

Thursday June 1, 2023
GTLK Europe DAC and GTLK Europe Capital DAC, two Russian state-owned aircraft and shipping leasing firms, both registered in Ireland, have both been ordered to be wind up by the Irish High Court. The orders have resulted in the dismissal of an application for ... Read More »

SAS sees continued positive trend for passenger demand

Thursday June 1, 2023
SAS sees positive trend for passenger demand through the second quarter
SAS has see continued positive trend for passenger demand through the second quarter. The carrier reported that 5.4 million passengers flew with SAS during the quarter, which represents an increase of 36% compared with the same period last year. The overall un... Read More »

IATA data shows slower Air Cargo decline for April

Thursday June 1, 2023
The International Air Transport Association (IATA) has released data for April 2023 global air cargo markets, showing a continued, but slower, decline against the previous year’s demand performance. Global demand, measured in cargo tonne-kilometres (CTKs), f... Read More »

IAG Cargo officially launches cargo handling facility, New Premia at London Heathrow

Thursday June 1, 2023
IAG Cargo launched its new cargo handling facility, New Premia at key international hub, London Heathrow
IAG Cargo, the cargo division of International Airlines Group (IAG) has officially launched its new cargo handling facility, New Premia at key international hub, London Heathrow. New Premia will serve as IAG Cargo’s new home for handling premium loose shipme... Read More »

Tom Plant steps into role of Executive Chairman at Acro Aircraft Seating

Thursday June 1, 2023
Industry veteran Tom Plant this month steps into the role of Executive Chairman at Acro Aircraft Seating, bringing three decades of expertise and a wealth of global experience to the fast-growing company. The appointment follows a period of intense development... Read More »

Boeing opens new Distribution Services site in Poland

Thursday June 1, 2023
Official opening of Boeing’s new Distribution Services site in Poland
A new Boeing Distribution Services site is now open at Panattoni Park Rzeszów Airport III in Poland, more than doubling the space for storing aircraft parts compared to the prior location and expanding Boeing’s presence in Poland’s Aviation Valley, a uniq... Read More »

All Nippon Airways enhances long-standing relationship with Sabre

Thursday June 1, 2023
ANA, Japan’s largest full-service carrier, will be using Sabre’s intelligent slot management solution to optimize its network
All Nippon Airways (ANA) will enhance its long-standing relationship with Sabre to amplify its network planning and optimisation capabilities.  ANA and Sabre have a valued, decades-long relationship, with the airline already using Sabre Slot Manager solu... Read More »

SITA extends passenger touchpoints to two Canadian airports

Wednesday May 31, 2023
SITA is extending its passenger touchpoints to two additional Canadian airports
Expanding on a collaboration with three of Canada’s largest airports, SITA will extend the benefits of its passenger touchpoints to Regina International Airport and Region of Waterloo International Airport with the delivery of check-in and self-bag drop syst... Read More »

Nauru Airlines complete financing deal with HALO for purchase of 737-800SF

Wednesday May 31, 2023
Nauru Airlines
Nauru Air Corporation (Nauru Airlines), the flag carrier of the Republic of Nauru, has concluded a financing deal with HALO AirFinance (HALO) for the purchase of one Boeing 737-800SF freighter. HALO is a joint venture between GA Telesis and Tokyo Century. “N... Read More »

SIA extends free unlimited Wi-Fi access to all travellers

Wednesday May 31, 2023
SIA will extend is free unlimited Wi-Fi to all travellers in all classes
Singapore Airlines (SIA) will extend comprehensive free unlimited Wi-Fi access from July 1, 2023, to all travellers in all cabin classes, including Premium Economy Class and Economy Class. This enhanced Wi-Fi offering will be available virtually across the ent... Read More »

AEI receives Argentinian STC approval for B737-800SF freighter conversion

Wednesday May 31, 2023
Aeronautical Engineers (AEI) has released that Argentina’s Administración Nacional de Aviación Civil (ANAC) has approved AEI’s STC (ST02690LA) for the 12-pallet position B737-800SF freighter conversion. AEI has gained FAA, CAAC, EASA, TCCA, UK CAA, CAACI... Read More »

Eastar Jet takes delivery of Boeing 737-8 from BOC Aviation

Wednesday May 31, 2023
Eastar Jet has taken delivery of one Boeing 737-8 aircraft
Eastar Jet (Eastar) has taken delivery of one Boeing 737-8 aircraft on lease from BOC Aviation. The aircraft is powered by CFM LEAP-1B engines. “We are pleased to participate in Eastar’s growth story and to welcome it as a new customer as we continue to pr... Read More »

Qantas Group to establish AU$400 million climate fund

Wednesday May 31, 2023
Qantas will establish a climate fund
The Qantas Group will establish an AU$400 million climate fund to provide direct investments in sustainability projects and technologies, as the airline works towards its emissions reduction targets. The Qantas Climate Fund, announced as part of the Group’s&... Read More »

Global Airlines takes step closer to becoming operational with acquisition of first A380

Tuesday May 30, 2023
Global Airlines is getting ready for launch this summer with its first Airbus A380
Global Airlines has announced that it is to acquire its first Airbus A380 from Doric Aviation, looking to redefine the long-haul travel experience for its passengers. The new carrier has chosen to purchase its first four aircraft, all A380s, as opposed to goin... Read More »
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