18 July 2017

Lufthansa reports adjusted EBIT of €1,042m in the first half of 2017

Based on preliminary figures, Deutsche Lufthansa AG generated revenues of €17.0bn in the first half of 2017 (Q1 & Q2 2016 €15.0bn). The Adjusted EBIT came to €1,042m (2016 period: €529m). The passenger airlines achieved a cumulative Adjusted EBIT of €680m (2016 period: EUR 352m). Unit revenues at constant currency were up 0.5 per cent […]

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AerCap Holdings announces pricing of US$1.0bn aggregate principal amount of Senior Notes

AerCap Holdings N.V. (the Company) has reported that AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust (together, the Issuers), each a wholly-owned subsidiary of the Company, priced their offering of senior notes, consisting of US$1.0bn aggregate principal amount of 3.65% Senior Notes due 2027 (the Notes). The Notes will be fully and

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Air Côte d’Ivoire takes delivery of new A320

Air Côte d’Ivoire, the Ivory Coast’s flagship airline based in Abidjan, received its new A320 at a ceremony that was held at the Airbus Delivery Centre in Toulouse on Monday 17 July. Air Côte d’Ivoire already operates six Airbus aircraft (four A319s and two A320) in the framework of a leasing contract. The cabin of

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Jeppesen and Wataniya Airways of Kuwait sign service agreement

Jeppesen, a Boeing Company, has agreed to a service contract with Wataniya Airways, a new Middle Eastern carrier based in Kuwait. As the airline is working to begin air service in the near future, Jeppesen has agreed to provide multiple services to assist the airline with several operations. Wataniya Airways will receive paper charts for

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Delta to launch daily nonstop service between Los Angeles and Mexico City

Delta will launch daily nonstop service between Los Angeles and Mexico City on Dec. 1, 2017. The flight, which is subject to government approval, will connect Delta’s LAX hub to partner Aeromexico’s Mexico City hub and complement Aeromexico’s existing industry-leading schedule between the cities. The flight is an important addition for Delta at LAX, marking

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Emirates and flydubai join forces

Emirates and flydubai have unveiled an extensive partnership which will see the two Dubai-based airlines join forces to offer customers unmatched travel options. Both airlines will continue to be managed independently, but will leverage each other’s network to scale up their operations and accelerate growth. The innovative partnership goes beyond code-sharing and includes integrated network

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EL AL Israel Airlines signs deal with Panasonic Avionics

EL AL Israel Airlines has selected Panasonic Avionics Corporation’s (Panasonic) eX3 inflight entertainment (IFE) system for its new fleet of 16 Boeing 787 Dreamliners. Under terms of its agreement with Panasonic, EL AL will install eX3 across nine Boeing 787-9s and seven B787-8s, with the first aircraft being delivered in August 2017. The agreement also

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Singapore Technologies Aerospace secures new contracts worth S$650m in 2Q2017

Singapore Technologies Aerospace (ST Aerospace) secured new contracts worth about S$650m in the second quarter of 2017 for services ranging from heavy airframe and engine maintenance, component repair and overhaul to freighter conversion. The heavy airframe maintenance contracts include a long-term agreement, announced in June, that ST Aerospace’s US affiliate company, VT San Antonio Aerospace

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BAA Training signs agreement with Pan Am International Flight Training Centre

BAA Training, European standard aviation training center, has announced the signing of a partnership agreement with Pan Am International Flight Training Centro (Thailand) for Airbus A320 FFSs utilization in Thailand. International Air Transport Association (IATA) predicts that Asia-Pacific will be the most powerful driver for passengers’ growth with an extra 1.8 billion annual travelers by

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