19 October 2017

United Airlines reports third-quarter 2017 net income of US$637m

United Airlines (UAL) reported third-quarter net income of US$637m, pre-tax earnings of approximately US$1.0bn and pre-tax margin of 9.9%. Excluding special charges, UAL reported third-quarter net income of US$669m, pre-tax earnings of US$1.0bn and pre-tax margin of 10.4%. UAL repurchased US$556m of its common shares in the third quarter, bringing the year-to-date share repurchases to […]

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Locatory.com starts cooperation with VD Gulf

A global online aviation spare parts and repair capabilities’ marketplace Locatory.com has announced signing a cooperation agreement with the prominent MRO provider VD Gulf. Based on terms of this freshly inked agreement, VD Gulf will have access to all the innovative Locatory.com tools designed to facilitate smooth parts procurement transactions whilst maintaining comprehensive control of

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Jota Aviation – responding to demand in short medium and long term ACMI with expanded Avro RJ fleet

Jota Aviation’s recently delivered BAE Avro RJ100 (G-JOTS) was quickly contracted by Europe’s regional airlines Flybe franchisee Stobart Air and France’s HOP! since entering service four months ago, providing valuable supplemental lift. Now Jota’s management are at the ERA General Assembly in Athens to highlight availability from November, for ACMI and charter work. “We have

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SmartLynx Airlines starts new training season with plans to increase student enrollment

The SmartLynx Airlines Pilot Training Organization, which provides type rating courses for Airbus A320 family aircraft, begins its new training season with plans to increase student enrollment by 80%. Around half of graduates are expected to be offered further job opportunities at SmartLynx Airlines. The SmartLynx Airlines Approved Training Organization (ATO) is a leading approved

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euroAtlantic airways’ tourist operator ‘Sonhando’ signs agreement with multinational InterGlobe Air Transport

Tourist Operator ‘Sonhando’, part of the euroAtlantic Airways (EAA) group, which is owned by Tomaz Metello, has signed an agreement with InterGlobe Air Transport (IGAT), a multinational based in India. IGAT has a network of 126 offices in 60 cities around the world and employs more than 23,000 people. The agreement counted on the economic

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GA Telesis completes purchase and leaseback of six Embraer E170 aircraft with Republic Airline

GA Telesis has completed a purchase and leaseback transaction of six Embraer E170 aircraft with Republic Airline earlier this month. Simultaneous with the purchase, the aircraft were placed on long term leases with Republic. The aircraft will be operated by Republic under a long term fixed fee capacity purchase agreement. This is the initial transaction

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Thomas Cook Group Airlines launches Majorca-based airline

Currently operating airlines in Germany, the U.K and Scandinavia, Thomas Cook Group Airlines has applied for a new Airline Operator Certificate in order to launch a new Majorca-based airline. Flights are scheduled to commence in early 2018. Flying under the name Thomas Cook Airlines Balearics, the new airline will be able to provide support to

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Finnair extends code-share partnership with British Airways in Europe

Finnair and British Airways are extending their current partnership with several new code-shares flights within Europe. British Airways will place its codes on several of Finnair’s European destinations including the new non-stop flights from London Gatwick to Kittilä and Ivalo, which will begin operating for the winter season on December 12 and 14 respectively. Finnair

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First A330neo successfully completes maiden flight

The first of three A330neo Family development aircraft to fly – MSN1795, an A330-900 variant – has landed at Toulouse-Blagnac, France on October 19, after successfully completing its first flight which lasted 4 hours and 13 minutes. The aircraft was powered by the latest technology Rolls-Royce Trent 7000 turbofans. Airbus has developed a fast-paced development

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