14 May 2017

Heathrow has best April on record – exports growing rapidly

A busy Easter helped Heathrow Airport to break records as over six million passengers were welcomed during the month, an 11% raise compared to April 2016. Middle-East traffic rose 20% in light of an increase in the number of operational A380s and the new service to Tehran, whilst North American traffic rose 10% on higher […]

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Copa Holdings reports net income of US$102.3m for first quarter 2017

Copa Holdings, S.A. released its financial results for the first quarter of 2017 (1Q17). Copa Holdings reported net income of US$102.3m for 1Q17 compared to net income of US$115.5m in 1Q16. Excluding special items, the Company would have reported an adjusted net income of US$103.2m, compared to an adjusted net income of US$69.9m in 1Q16.

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Austrian's fourteenth Embraer aircraft took off on maiden flight from Vienna to Stuttgart

Another Embraer aircraft took off on its initial flight on May 12, from Vienna to Stuttgart. This is the fourteenth Embraer aircraft of this type in the Austrian fleet. Until the end of 2017, Austrian Airlines will integrate a total of 17 Embraer aircraft into its fleet, thus successively replacing 21 Fokker jets.

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Willis Lease Finance reports first quarter pretax profit grew 104 %

Willis Lease Finance has reported that pretax income grew 104% to US$14.4m in the first quarter of 2017 compared to US$7.1m in the first quarter of 2016 on revenues of US$77.9m. The Company’s first quarter 2017 results were bolstered by US$32.0m of maintenance reserve revenue, of which US$21.5m was long term maintenance revenue related to

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Air Lease Corporation and Primera Air Nordic sign lease agreements for eight new Boeing 737 MAX 9 aircraft

Air Lease Corporation has placed eight new Boeing 737 MAX 9 aircraft on long term lease with Primera Air Nordic (Latvia). The aircraft are outfitted with CFM LEAP 1B engines and are scheduled to deliver from ALC’s order book with Boeing beginning May 2019 and continuing through May 2020. Primera Air is an Icelandic owned

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Airbus test aircraft performs early long flight in typical airline operating conditions

The A350-1000 completed successfully its first and unique “Early Long Flight” with 310 passengers on board, including 10 Airbus Flight Test crew members and 13 Virgin Atlantic cabin crew. Test aircraft MSN065 took off from and landed in Toulouse on May 11th after a 12 hours flight. During the long-haul flight the passengers, comprising Airbus

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Carlos Ordonez joins C&L Aerospace as Director of Business Development, Latin America

C&L Aerospace has appointed Carlos Ordonez, former VP of Sales for Aeronautical Investments, as Director of Business Development for Latin America. Ordonez has two decades of aerospace experience in the Latin American region. “I am very excited to have Carlos join our sales and marketing team utilizing his vast Latin America market knowledge and providing

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