30 October 2017

Philippines advised by IATA to make major aviation improvements

Other News, Top Stories / Leave a Comment

The International Air Transport Association (IATA) has made it clear to the Philippines’ government that major changes need to be made to infrastructure, proposed taxation and the Adoption of Smarter Regulation Principles to maximize social and economic benefits that aviation can bring to the country. In a speech delivered at the Philippine Aviation Day in […]

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FPG Amentum delivers two 737-900ERs to Eastar Jet

Aircraft & Engines / Leave a Comment

FPG Amentum, the Dublin-based aircraft leasing/management company, has delivered two Boeing 737-900ERs (MSN 35710 & 35711) to Eastar Jet. Both aircraft were transitioned from P.T. Lion Mentari (‘Lion Air’) and are managed on behalf of FPG Amentum’s investor customer Global Aircraft Fund I. MSN 35710 & 35711 were delivered to Eastar Jet on July 13

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Safran reports strong sales for third quarter and first nine months 2017

Financial / Leave a Comment

Safran reported third-quarter 2017 adjusted revenue was €3,815m, up 8.5% on a reported basis year-on-year. Adjusted revenue increased 11.3% on an organic basis. Adjusted revenue in the first nine months of 2017 was €11,853m, an increase of 3.0% on a reported basis, up 5.1% on an organic basis, compared to 2016. In the third-quarter 2017,

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Avolon expects 43,000 new aircraft to be delivered over the next 20 years

Aircraft & Engines / Leave a Comment

Avolon, the international aircraft leasing company, has issued its World Fleet Forecast, which projects growth in and changes to the global commercial jet fleet over the next twenty years. The analysis includes forecasts of aircraft deliveries, retirements, funding requirements and passenger-to-freighter conversions. Against a backdrop of 2.9% average annual growth in global economic activity over

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Lufthansa Technik contracts two new customers for its innovative Cyclean® engine wash product

MRO & Production / Leave a Comment

Lufthansa Technik has contracted two new customers for its innovative Cyclean® engine wash product, Solaseed Air in Tokyo, Japan and an unnamed customer. The contract between Lufthansa Technik and Peach Aviation of Osaka, Japan has also been extended by a further three years to 2020 for the entire A320 fleet. As of summer 2017, the

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Hebei Airlines relies on emergency floor-path marking system from Lufthansa Technik

MRO & Production / Leave a Comment

Hebei Airlines will begin to use the emergency floor-path marking system GuideU “CustomFit” from Lufthansa Technik in its Boeing 737 and Embraer E190 fleets. For the first time, this system will be implemented with an integrated corporate logo, enabling an even more customized adaptation to the corporate design of an airline. A total of 22

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Zeitfracht and Nayak take over airberlin maintenance unit

Financial / Leave a Comment

airberlin’s maintenance unit, has been acquired by family-owned Zeitfracht and maintenance group Nayak, for a sum as yet undisclosed. This should save approximately 300 jobs. Zeitfracht is also buying Air Berlin’s cargo marketing unit. The remaining 550 maintenance employees who will not be going to Zeitfracht will be taken on by a so-called ‘transfer company’

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easyJet signs agreement with airberlin to acquire part of its operations at Berlin Tegel airport

Financial, Top Stories / Leave a Comment

easyJet has signed an agreement with airberlin to acquire part of its operations at Berlin Tegel airport for a purchase consideration of €40m. This excludes potential start-up and transitional operating costs. The acquisition is subject to regulatory approvals and is expected to close in December 2017. The acquisition will result in easyJet entering into leases

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IAG reports another strong quarter with operating profit up 20.7%

Financial / Leave a Comment

International Consolidated Airlines Group (IAG) presented Group consolidated results for the nine months to September 30, 2017. The Group posted third quarter operating profit of €1,455m before exceptional items (2016: €1,205m). Passenger unit revenue for the quarter was up 0.7%, up 2.2% at constant currency. Operating profit before exceptional items for the period of nine

IAG reports another strong quarter with operating profit up 20.7% Read More »

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